V S L Steels Limited - Company overview

Vslsteels is an active public limited company registered with ROC Bangalore on 25 November 2003, about 22 years ago.

2003-11-25 Bangalore, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–50 Lakh
▼ -98.1%
FY 2023
PROFIT / LOSS
Loss · ₹10–50 Lakh
▲ 97.8%
FY 2023
EBITDA
Loss · ₹10–50 Lakh
▲ 96.0%
FY 2023
NET WORTH
Loss · ₹50–100 Cr
▼ -1.6%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▼ -81.1%
FY 2023
EMPLOYEE COUNT
1–10
OPEN CHARGES
3
-
PAID-UP CAPITAL
28.00 cr
AUTHORISED CAPITAL
30.00 cr
COMPANY AGE
22 Years 11 Months
since 2003-11-25
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2025-06-12 08:01:57
TOTAL MONEY RAISED
₹50–100 Cr
SATISFIED CHARGES
4
199.70 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Vslsteels covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
62/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (75), financial health (10), director (95) and company-foundation signals.
  • Operating for 22+ years.
Compliance Score Low risk
75/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
10/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Vslsteels Company identity, industry, contact, and registration details from MCA and company records.

Vslsteels is an active public limited company registered with ROC Bangalore on 25 November 2003, about 22 years ago. The registered office is at #539, Ashwini Complex, 4Th Floor, Cmh Road Indiranagar, Hal 2Nd Stage, Bangalore, Karnataka. It was earlier known as Slr Steels Limited.

In its MCA filings the main business is listed as manufacture of basic metals.

It has four directors: Vishwas Udayasingh Lad, Vinay Eknath Lad, Eknath Vittal Rao Lad and Nagaraja Gowdar. The longest-serving is Eknath Vittal Rao Lad, on the board since 2005; the most recent to join is Vishwas Udayasingh Lad, appointed in September 2019. Eknath Vittal Rao Lad is the managing director. Eight former directors are on record; the most recent to leave was Ashwini Sethu Raman in September 2020. Between them, the directors also sit on the boards of 9 other companies, including V S L Land Developers And Constructions Private Limited and Deodart Exports Private Limited.

₹28 crore of its ₹30 crore authorised capital is paid up (about 93%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 30 September 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. All four charges registered against it have been satisfied, so no secured loan is open.

Metals and Minerals ••••••••
  • Location #539, Ashwini Complex, 4Th Floor, Cmh Road Indiranagar, Hal 2Nd Stage, Bangalore, Karnataka - 560038
  • Website slaadgroup.com
Name History
Legal NameV S L Steels Limited
CIN / LLPINU27109KA2003PLC058185
Company No.058185
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2003-11-25
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Vslsteels (4) Current board members from MCA filings, including designation and appointment details.

V
Vishwas Udayasingh Lad
Director | Since 2019-09-20 | DIN: 01608878
V
Vinay Eknath Lad
Whole-time director | Since 2006-03-18 | DIN: 00724541
E
Eknath Vittal Rao Lad
Managing Director | Since 2005-09-28 | DIN: 01234254
N
Nagaraja Gowdar
CFO | Since 2015-03-05

Financial Performance of Vslsteels Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹10–50 Lakh ▼ -98.1%
P&L Loss · ₹10–50 Lakh ▲ 97.8%
EBITDA Loss · ₹10–50 Lakh ▲ 96.0%
Net worth Loss · ₹50–100 Cr ▼ -1.6%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Vslsteels Open and satisfied charges registered against the company with MCA.

State Bank Of India : 179.75 cr
State Bank Of India; : 14.95 cr
State Bank Of Patiala : 5.00 cr
Open Charges: 3 Satisfied Charges: 4
Open -
Satisfied 199.70 cr
LenderAmountStatus
State Bank Of India;
Creation Date: 04 Aug 2005
 14.95 cr Closed
State Bank Of Patiala
Creation Date: 08 Sep 2004
 5.00 cr Closed
State Bank Of India
Creation Date: 08 Sep 2004
 10.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingManufacture of basic metals0

Companies With Common Directors Of Vslsteels Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

V S L Land Developers And Constructions Private Limited 3 Shared Directors
Deodart Exports Private Limited 2 Shared Directors
Itone Consultancy And Training Private Limited 1 Shared Director
S V V Aviation Private Limited 1 Shared Director
Taha Mines And Minerals Private Limited 1 Shared Director
Vincor Infra Private Limited 1 Shared Director
Vishwarupa Enterprises Llp 1 Shared Director
Vlsb Projects Private Limited 1 Shared Director
Volt Energy Club Llp 1 Shared Director

Financial Ratios of Vslsteels Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Vslsteels Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Vslsteels EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Vslsteels GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Vslsteels MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Vslsteels Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Vslsteels Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Vslsteels?
MCA does not publish an "owner" field. Vslsteels is run by its directors, Vishwas Udayasingh Lad, Vinay Eknath Lad, Eknath Vittal Rao Lad and one other, with Eknath Vittal Rao Lad as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Vslsteels?
Vslsteels has four current directors: Vishwas Udayasingh Lad (since September 2019), Vinay Eknath Lad (since March 2006), Eknath Vittal Rao Lad (since September 2005) and Nagaraja Gowdar (since March 2015). Eknath Vittal Rao Lad is the managing director.
What is CIN of Vslsteels?
The CIN of Vslsteels is U27109KA2003PLC058185. Reading it left to right: U means it is not listed, 27109 is the industry code it registered under, KA is Karnataka, 2003 is the year it was registered, PLC is the company type and 058185 is its registration number.
When was Vslsteels incorporated?
Vslsteels was incorporated on 25 November 2003 with ROC Bangalore. That makes it about 22 years old.
What is the registered address of Vslsteels?
The registered office on MCA records is #539, Ashwini Complex, 4Th Floor, Cmh Road Indiranagar, Hal 2Nd Stage, Bangalore, Karnataka - 560038.
What is the current status of Vslsteels?
MCA shows Vslsteels as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Vslsteels?
You can post to its registered office at #539, Ashwini Complex, 4Th Floor, Cmh Road Indiranagar, Hal 2Nd Stage, Bangalore, Karnataka - 560038 and use its website, https://slaadgroup.com.
What industry or business activity is Vslsteels associated with?
Its MCA filings list the main business as manufacture of basic metals.
What is paid-up capital and authorised share capital of Vslsteels?
Paid-up capital is ₹28 crore and authorised capital is ₹30 crore, so about 93% of the authorised amount has been issued.
When did Vslsteels last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Vslsteels?
No charge is open. All four charges registered against Vslsteels have been satisfied. Lenders named in the filings include State Bank Of India; and State Bank Of Patiala.
Have any directors left Vslsteels?
Yes, eight former directors are on record. The most recent to leave were Ashwini Sethu Raman (September 2020), Raghavendra Ghodke (September 2019) and Santosh Shivaji Lad (October 2017).
Which companies share directors with Vslsteels?
9 companies share directors with Vslsteels. Among them are V S L Land Developers And Constructions Private Limited, Deodart Exports Private Limited, Itone Consultancy And Training Private Limited and 6 more.
What is the turnover or revenue of Vslsteels?
Based on filed financial statements, the revenue of Vslsteels for FY 2023 was in the ₹10–50 Lakh range. That is down 98.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Vslsteels?
For FY 2023, the net worth of Vslsteels was negative, in the ₹50–100 Cr range.
How can I get the financial details of Vslsteels?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Vslsteels?
The website on record for Vslsteels is https://slaadgroup.com.
Which company owns slaadgroup.com?
slaadgroup.com is the website listed for V S L Steels Limited in its company records.
Vslsteels - is it listed or unlisted?
Vslsteels is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Vslsteels?
Vslsteels is registered with ROC Bangalore.
What is the company classification of Vslsteels?
MCA classifies Vslsteels as: Public Limited Indian Non-Government Company.
Does Vslsteels have GST registrations on file?
Yes, one active GST registration is linked to Vslsteels.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.