Abhey Steels Private Limited

Manufacturer of steel wires and other metal products, established in 1996 in Ludhiana, Punjab.

1996 | Ludhiana, Punjab (India) | Active
Last Updated:

Abhey Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.49 M
  • Company Age 29 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 54.51 Cr
  • Revenue Growth 51.39%
  • Profit Growth 8.33%
  • Ebitda 10.21%
  • Net Worth 17.73%
  • Total Assets -24.15%

About Abhey Steels

Abhey Steels Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1996 and has a history of 29 years. Its registered office is in Ludhiana, Punjab.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.49 M.

The company currently has active open charges totaling ₹54.51 Cr.

Brij Mohan and Ashwani Kumar serve as directors at the Company.

Company Details

  • Location Ludhiana, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109PB1996PTC017700

  • Company No.

    017700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Abhey Steels Private Limited offer?

Abhey Steels Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Minerals and Ores, Iron Ore, HB Wires, Mild Steel Wires.

Who are the key members and board of directors at Abhey Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Brij Mohan Country flag representing In Director 07-Feb-1996Current
Ashwani Kumar Country flag representing In Whole-Time Director 07-Feb-1996Current

Financial Performance of Abhey Steels.

Abhey Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.39% increase. The company also saw a slight improvement in profitability, with a 8.33% increase in profit. The company's net worth Soared by an impressive increase of 17.73%.

Abhey Steels revenue growth over time
Abhey Steels 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
51.39%
Revenue from Operations
51.42%
Total Assets
-24.15%
Profit or Loss
8.33%
Net Worth
17.73%
EBITDA
10.21%

What is the Ownership and Shareholding Structure of Abhey Steels?

In 2022, Abhey Steels had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹545.09 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 54.36 Cr
  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2021Others₹1.50 MOpen
26 Aug 2021Hdfc Bank Limited₹23.37 CrOpen
19 Nov 2010Hdfc Bank Limited₹8.04 CrOpen
24 Sep 2010Hdfc Bank Limited₹22.95 CrOpen

How Many Employees Work at Abhey Steels?

Unlock and access historical data on people associated with Abhey Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Abhey Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abhey Steels, 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 Abhey Steels'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 Abhey Steels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 233.70 M registered on 26 Aug 2021 with Charge ID 100487059 was modified on 22 Apr 2024.

  • Annual General Meeting

    Abhey Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Abhey Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.36 M registered on 19 Nov 2010 with Charge ID 10253897 was modified on 25 Mar 2022.

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100503021 was registered on 20 Nov 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 233.70 M with Charge ID 100487059 was registered on 26 Aug 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Abhey Steels Private Limited?

    Abhey Steels Private Limited was incorporated on 07 Feb 1996.

  • What is authorized share capital and paid-up capital of Abhey Steels Private Limited?

    The authorized share capital of Abhey Steels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.49 M.

  • Who are the current board members & directors of Abhey Steels Private Limited?

    Currently 2 directors are associated with Abhey Steels Private Limited.

    • Brij Mohan
    • Ashwani Kumar

  • What is the registered address of Abhey Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abhey Steels Private Limited is Opp Ramgarhia Gurdwarag T Road Miller Ganj India, Ludhiana, Punjab.

  • What is the corporate identification number (CIN) and company number of Abhey Steels Private Limited?

    The corporate identification number (CIN) of Abhey Steels Private Limited is U51109PB1996PTC017700 and the company number is 017700 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Abhey Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Abhey Steels Private Limited has risen by 51.39%.

  • What change has been observed in the net worth of Abhey Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Abhey Steels Private Limited has experienced an upsurge of 17.73%.

  • What are the total open charges for Abhey Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Abhey Steels Private Limited amount to ₹ 54.51 Cr.

  • When was the last Balance Sheet of Abhey Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Abhey Steels Private Limited was filed with the ROC on 31 Mar 2023.

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