Vizag Re-Bars Private Limited
About Vizag Re-Bars Private Limited
Data last updated:
Vizag Re-Bars Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27109AP1995PTC022407. Its GSTIN is 37AABCV2581M1ZW (Andhra Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.69 Cr. It was formerly known as Janaki Wire Products P Ltd. It is led by directors including Tadikamalla Srinivasulu (Managing Director) and Rama Krishna Maridi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.1 I.D.A Edulapaka Bonangi Parawada Mandal, Visakhapatnam, Andhra Pradesh, India – 531021.
As per the financials filed for FY 2022, the company reported a revenue of ₹69.28 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹2.96 Cr (net margin -4.3%) and EBITDA of -₹2.94 Cr (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 28% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹366.44 Cr and satisfied charges of ₹45.5 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.18 Cr; the latest was in December 2023. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vizag Re-Bars Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.1 I.D.A Edulapaka Bonangi Parawada Mandal, Visakhapatnam, Andhra Pradesh, India – 531021
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vizag Re-Bars Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Vizag Re-Bars Private Limited
FY 2024 filings availableVizag Re-Bars Private Limited reported revenue of ₹69.28 Cr (down 54% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 54% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹69.28 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.96 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.2% | ||||
| Net Profit Margin | -4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vizag Re-Bars Private Limited, buy the company report.
Board of directors of Vizag Re-Bars Private Limited
Vizag Re-Bars has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Krishna Maridi | Director | 24 Aug 2016 | 10 Years 2 Months | Current |
| Tadikamalla Srinivasulu Also directs: Tsy Infra Developers LLP | Managing Director | 22 Oct 2012 | 14 Years 0 Months | Current |
| Raparla Mallikharjuna Rao | Director | 14 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Vizag Re-Bars Private Limited is audited by BHAVANI AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVANI AND CO | FY 2022 | 012139S |
Shareholding
The shareholding of Vizag Re-Bars Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vizag Re-Bars Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2025 | 101124229 | Others | ₹10 Cr | Open | |
| 12 Jun 2025 | 101114688 | New India Co-Op Bank Limited | ₹24 Cr | Open | |
| 27 Feb 2018 | 100165579 | Others | ₹166.22 Cr | Open | |
| 07 Sep 2016 | 100053206 | Others | ₹166.22 Cr | Open | |
| 28 Jun 2017 | 100112024 | Lakshmi Vilas Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Vizag Re-Bars Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Vizag Re-Bars Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.18 Cr; the latest was in December 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Amaravati Building Materials Private Limited |
| Mar 2014 | Funding round | ₹3 Cr | Investors: Amaravati Building Materials Private Limited |
| Jul 2013 | Funding round | ₹2 Cr | Investors: 4 individuals |
| May 2008 | Funding round | ₹18.4 Lakh | Investors: Quality Steel Shoppe Private Limited , Anand Profiles Private Limited, 2 individuals |
To see the full deal history of Vizag Re-Bars Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vizag Re-Bars Private Limited has 8 court cases on record: 4 filed by Vizag Re-Bars, 4 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
| High courts | 2 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Shakti International LLP and 1 Anr,(48Th Court,Andheri,Mumbai) | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Shakti International LLP Through Authorised Representative Mr Anil Anant Bijitkar | Pending |
| NCLT, NCLT Amaravati | Insolvency matter | Filed against the company by Shakti International LLP | Disposed |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed against the company by PR Commissioner of Income Tax | Pending |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed against the company by The Principal Commissioner of Income Tax-1 | Pending |
To see the full case history of Vizag Re-Bars Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Vizag Re-Bars Private Limited was last rated by Care on 22 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Dec 2025 |
To see the full credit ratings and regulatory alerts of Vizag Re-Bars Private Limited, buy the company report.
MSME payment delays
Vizag Re-Bars Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Apex Rolls (India) Private Limited |
To see the full MSME payment records of Vizag Re-Bars Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vizag Re-Bars Private Limited has a workforce of 52 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Vizag Re-Bars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCV2581M1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vizag Re-Bars Private Limited, buy the company report.
Recent activity
Vizag Re-Bars Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Rama Krishna Maridi was appointed as Director on 24 Aug 2016.
18 earlier events are in the company report.
Frequently asked questions
Vizag Re-Bars is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 November 1995 (31+ years old) and is registered under CIN U27109AP1995PTC022407.
Vizag Re-Bars has 3 current directors:
- Tadikamalla Srinivasulu - Managing Director
- Rama Krishna Maridi - Director
- Raparla Mallikharjuna Rao - Director
The latest financial statements of Vizag Re-Bars on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vizag Re-Bars is 37AABCV2581M1ZW, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Vizag Re-Bars is U27109AP1995PTC022407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vizag Re-Bars has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Vizag Re-Bars was incorporated on 28 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Vijayawada.
Vizag Re-Bars has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.18 Cr; the latest was in December 2023.
Rama Krishna Maridi was appointed as Director on 24 Aug 2016. Kilaru Siva Kumar ceased to be Director on 01 Dec 2015. Boyapati Seshagiri Rao ceased to be Director on 07 Jan 2013. Vizag Re-Bars has 6 board changes on record in total.
Vizag Re-Bars has 3 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Nov 2020.
The registered office of Vizag Re-Bars is at Plot No.1 I.D.A Edulapaka Bonangi Parawada Mandal, Visakhapatnam, Andhra Pradesh, India – 531021.