A K C Steel Industries Ltd

Steel trading and machining services, part of Beekay Group, established in 1957.

1957 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

A K C Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.17 Cr
  • Company Age 68 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 18.01 Cr
  • Revenue Growth -17.58%
  • Profit Growth -37.91%
  • Ebitda -53.27%
  • Net Worth -8.83%
  • Total Assets -10.06%

About A K C Steel Industries

A K C Steel Industries Ltd (AKCSIL) was founded in India on 20 February 1957 and has a glorious history of 68 years . Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as A.K Corporation Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 3.17 Cr.

The company has closed loans amounting to ₹18.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at A K C Steel Industries Ltd India are Anupam Ghosh as COMPANY SECRETARY and Srinivasa Golagana as Cfo. Manav Bansal, Mukesh Bansal, Ashok Bansal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akcsteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109WB1957PLC023360

  • Company No.

    023360

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 1957

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at A K C Steel Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Anupam Ghosh Company Secretary28-Oct-2022Current
Srinivasa Golagana CFOCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Manav Bansal Country flag representing In Director 01-Jun-2010Current
Bharat Nadhani Country flag representing In Director 12-Aug-2019Current
Mukesh Bansal Country flag representing In Director 08-May-1999Current
Ashok Bansal Country flag representing In Whole-Time Director 30-Jan-1999Current
Shyanthi Dasgupta Country flag representing In Director 31-Mar-2015Current
Shalini Jain Country flag representing In Additional Director 04-Apr-2024Current

Financial Performance of A K C Steel Industries.

A K C Steel Industries Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.58% decrease. The company also saw a substantial fall in profitability, with a 37.91% decrease in profit. The company's net worth dipped by a decrease of 8.83%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.58%
Revenue from Operations
-22.04%
Total Assets
-10.06%
Profit or Loss
-37.91%
Net Worth
-8.83%
EBITDA
-53.27%

What is the Ownership and Shareholding Structure of A K C Steel Industries?

In 2023, A K C Steel Industries had a promoter holding of 69.20% and a public holding of 30.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹18.01 Cr

Charges Breakdown by Lending Institutions

  • Ing Vysya Bank Ltd. : 8.00 Cr
  • Bank Of Baroda : 4.00 Cr
  • Oriental Bank Of Commerce : 2.50 Cr
  • Punjab & Sind Bank : 1.52 Cr
  • Yes Bank Limited : 1.00 Cr
  • Others : 0.99 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2013Yes Bank Limited₹1.00 CrSatisfied
31 Mar 2007Oriental Bank Of Commerce₹2.50 CrSatisfied
28 Feb 2005Ing Vysya Bank Ltd.₹8.00 CrSatisfied
06 Mar 2003Bank Of Baroda₹4.00 CrSatisfied
29 Feb 1992Punjab & Sind Bank₹1.52 CrSatisfied

How Many Employees Work at A K C Steel Industries?

A K C Steel Industries has a workforce of 27 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A K C Steel Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A K C Steel Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on A K C Steel Industries

Recent activity within the organization

  • Annual General Meeting

    A K C Steel Industries Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Shalini Jain was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2024 & has been associated with this company since 10 months 19 days .

    04 Apr 2024

  • Balance Sheet

    A K C Steel Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Bharat Kumar Nadhani was appointed as a Director was appointed as a Director on 12 Aug 2019 & has been associated with this company since 5 years 6 months .

    12 Aug 2019

  • Charges

    A charge registered on 04 Jul 2013 via Charge ID 10437905 with Yes Bank Limited was fully satisfied on 14 Dec 2018.

    14 Dec 2018

  • Director Appointment

    Shyanthi Dasgupta was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 10 months .

    31 Mar 2015

Frequently asked questions

  • A K C Steel Industries Ltd was incorporated on 20 Feb 1957.

  • The authorized share capital of A K C Steel Industries Ltd is ₹ 4.50 Cr and paid-up capital is ₹ 3.17 Cr.

  • Currently 8 directors are associated with A K C Steel Industries Ltd.

    • Manav Bansal
    • Mukesh Chand Bansal
    • Ashok Kumar Bansal
    • Bharat Kumar Nadhani
    • Shyanthi Dasgupta
    • Shalini Jain
    • Anupam Ghosh
    • Srinivasa Rao Golagana
  • As per Ministry of Corporate Affairs (Mca), the registered address of A K C Steel Industries Ltd is Lansdowne Towers 2/1A Sarat Bose Road, 4Th Floor India, Kolkata, West Bengal, 700020.

  • The corporate identification number (CIN) of A K C Steel Industries Ltd is L27109WB1957PLC023360 and the company number is 023360 as per Ministry of Corporate Affairs (MCA).

  • The Official website of A K C Steel Industries Ltd is https://www.akcsteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for A K C Steel Industries Ltd has fallen by -17.58%.

  • As Per 2023 financial reports, 27 employees are currently employed by A K C Steel Industries Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of A K C Steel Industries Ltd has experienced an downturn of -8.83%.

  • The most recent Balance Sheet for A K C Steel Industries Ltd was filed with the ROC on 31 Mar 2024.

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