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Vraj Iron & Steel Ltd. (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Vraj Iron & Steel Ltd. Profile Updated: December 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is engaged in manufacturing of Sponge Iron, M.S. Billets, and TMT bars.
2004:
-The Company was originally incorporated as “Phil Ispat Private Limited” as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated June 16, 2004 issued by the Registrar of Companies, Madhya Pradesh and Chhattisgarh
-Installation of factory and commencement of production of Sponge Iron at Bilaspur Plant
-Gopal Sponge and Power Private Limited is the holding company of the Company
-The Company does not have any subsidiary
2007: The registered office of Company changed from 11-B, Sai Plaza, Link Road, Bilaspur, Chhattisgarh 495001 to Kalindi Kunj, Ring Road No. 2, Near Dr. Gatlib House Bilaspur, Chhattisgarh 495001 on February 20, 2007
2011: The registered office of Company changed from Kalindi Kunj, Ring Road No. 2, Near Dr. Gatlib House, Bilaspur, Chhattisgarh – 495001 to Jalaram Kripa, Kranti Nagar, near Saraswati Park, Bilaspur, Chhattisgarh - 495001 to Jalaram Kripa, Kranti Nagar, near Saraswati Park, Bilaspur, Chhattisgarh - 495001 on April 01, 2011
2012:
-The registered office of Company changed from Jalaram Kripa, Kranti Nagar, near Saraswati Park, Bilaspur, Chhattisgarh - 495001 to Village – Dighora, Near Bilha Mode, Raipur Road, Bilaspur, Chhattisgarh - 495001
on April 07, 2012
-Change in management of the Company due to acquisition of Equity Shares by Promoters viz. Gopal Sponge Power Private. Ltd. and Ram Gopal Jhanwar from erstwhile promoters of the Company
2015:
-The registered office of Company changed from Village – Dighora, Near Bilha Mode, Raipur Road, Bilaspur, Chhattisgarh - 495001
to Shiv Mohan Bhawan, Jeewan Bima Marg, Pandri, Raipur, Chhattisgarh, 492001 on June 25, 2015
-The Associate of the Company is Vraj Metaliks Private Limited originally incorporated on January 30, 2015 and is engaged in the business of manufacturing Sponge Iron
2018:
-The registered office of Company changed from Shiv Mohan Bhawan, Jeewan Bima Marg, Pandri, Raipur Chhattisgarh, 492001 to First Floor, Plot No. 63 66, Ph No. 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, Chhattisgarh 492001 on June 07, 2018
-The Company achieved a revenue of ₹1,000 million
2020:The Company acquired a plant for manufacturing of Sponge Iron, MS Billets and TMT Bars at Raipur, as a going concern on slump sale basis
2022:The Company achieved a revenue of ₹4,000 million
2023:
-The name of the Company was changed to “Vraj Iron Steel Private Limited” and a fresh certificate of incorporation pursuant to change of name dated October 30, 2023 was issued by Registrar of Companies, Chhattisgarh.
-The Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of our Company at the extraordinary general meeting held on October 31, 2023 and the name of our Company was changed to “Vraj Iron Steel Limited” and a fresh certificate of incorporation consequent upon conversion to a public limited company dated November 10, 2023
-The CIN changed from U27101CT2004PTC016701 to U27101CT2004PLC016701
-The Company achieved a revenue of ₹5,000 million
In 2024:The shares of the Company was listed on Bombay Stock Exchange and National Stock Exchange of India on July 3, 2024.

Legal Address
First Floor, Plot No 63& 66,Ph No 113 Mother Teresa Ward No. 43, Jalvihar Colony
Raipur; Chhattisgarh; Postal Code: 492001

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 16, 2004
Key Executives
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Independent Director
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Independent Director
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Independent Director
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Whole Time Director
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Whole Time Director
Ownership Details
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74.95%
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11.76%
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8.15%
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2.64%
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2.5%
Subsidiaries
Mvk Industries Private Limited
13.09%
Company Performance
Financial values in the chart are available after Vraj Iron & Steel Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
8.44%
Total operating revenue
8.44%
Operating profit (EBIT)
-2.66%
EBITDA
-3.17%
Net Profit (Loss) for the Period
-4.03%
Total equity
400.4%
Operating Profit Margin (ROS)
-1.97%
Net Profit Margin
-1.67%
Return on Equity (ROE)
-251.95%

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