Vardhman Special

Market Cap: Small Cap
Industry: Steel/Sponge Iron/Pig Iron
ISIN: INE050M01012
NSEID: VSSL
BSEID: 534392

INR

208.35

8.35 (4.17%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 37.54 k

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Company CV

About Vardhman Special Steels Ltd

Vardhman Special Steels Ltd

Small Cap

Steel/Sponge Iron/Pig Iron

Vardhman Special Steels Limited, was incorporated on 14 May 14, 2010 in Ludhiana. The Company is one of India's leading special steel producers, developing high-quality special steel for automotive OEs operating in India. The main business of the Company consist of manufacturing billets, steel bars and bright bars of various categories of special and alloy steels. Part of the Vardhman Group, the Company is based at Ludhiana, India, with its manufacturing facility. As a part of US$1.

Company Coordinates

Company Details

Vardhman Premises, Chandigarh Road Ludhiana Punjab : 141010

Tel: 91-0161-2228943-48

http://www.vardhmansteel.com

secretarial.lud@vardhman.com

Registrar Details

Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi

Capital Structure

Present Equity Capital

INR 81.41 Cr

Number of Shares

8.14 Cr

Face Value

INR 10.0

Date

Number
of Shares(Cr)

Equity
Capital (Rs Cr)

Shares Added

Face Value (Rs)

Reason

03-Jan-2024

8.14

81.41

151250

Issued under ESOP Scheme

03-Jan-2024

8.15

81.46

151250

Issued under ESOP Scheme

07-Oct-2023

8.13

81.31

53750

Issued under ESOP Scheme

26-May-2023

8.13

81.25

40627414

Bonus Issue

03-Jan-2023

4.06

40.63

66250

Issued under ESOP Scheme

03-Jan-2022

4.06

40.56

54164

Issued under ESOP Scheme

04-Nov-2019

4.04

40.39

4629629

Preferential basis

04-Nov-2019

4.04

40.39

4629629

Preferential basis

06-Jul-2019

3.58

35.76

6250

ESOP

24-Jan-2019

3.58

35.76

61247

ESOP

Shareholding

Shareholding Snapshot

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (4.49%)

FIIs

Held by 28 FIIs (0.58%)

Promoter with highest holding

Vardhman Textiles Limited (23.81%)

Highest Public shareholder

Aichi Steel Corporation (11.35%)

Individual Investors Holdings

19.52%

Board of Directors

Period

Management

Designation

Remuneration

Rajinder Kumar Jain

Director

3.9 lacs

Rajeev Gupta

Chairman (Non-Executive)

3.0 lacs

Sanjeev Pahwa

Independent Director

5.3 lacs

Suchita Jain

Director

Bal Krishan Choudhary

Director

Sachit Jain

Vice Chairman & M.D.

9.27 cr

Sonam Taneja

Company Sec. & Compli. Officer

Sanjoy Bhattacharyya

Independent Director

4.3 lacs

Rakesh Jain

Independent Director

4.5 lacs

Raghav Chandra

Independent Director

2.6 lacs

Vidya Shah

Independent Director

Toshio Ito

Director

Suman Chatterjee

Independent Director

Raw Materials

Raw Materials Dashboard

Raw Materials

Amount(Rs Cr)

% of RM Cost

Steel Bars

34.8819

Steel Bars

Finished Goods

Finished Goods Dashboard

Finished Goods

Amount(Rs Cr)

% of Sales Turnover

Steel Bars - Traded

37.16

3.32%

Steel Bars - Traded

Stock DNA

Revenue and Profits:

Net Sales:

427 Cr

(Quarterly Results - Dec 2024)

Net Profit:

21 Cr

Industry

Steel/Sponge Iron/Pig Iron

Market cap

INR 1,703 Cr (Small Cap)

P/E

15.00

Industry P/E

Dividend Yield

1.00%

Debt Equity

0.13

Return on Equity

14.05%

Price to Book

2.16