Abhishek Steel Industries Limited

Produces secondary steel products for various industries under the brand 'Mahamaya'.

2002 | Raipur, Chattisgarh (India) | Active
Last Updated: June 15, 2024

Abhishek Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 9.80 Cr
  • Paid Up Capital ₹ 8.78 Cr
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 101.52 Cr
  • Satisfied Charges ₹ 110.97 Cr
  • Revenue Growth 127.48%
  • Profit Growth -27.28%
  • Ebitda 27.65%
  • Net Worth 20.79%
  • Total Assets 44.18%

About Abhishek Steel Industries

Abhishek Steel Industries Limited (ASIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 April 2002 and has a history of 22 years and nine months. Its registered office is in Raipur, Chattisgarh, India.

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 9.80 Cr and a paid-up capital of Rs 8.78 Cr.

The company currently has active open charges totaling ₹101.52 Cr. The company has closed loans amounting to ₹110.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abhishek Steel Industries Limited India is Preeti Gupta as COMPANY SECRETARY. Rajesh Agrawal, Rekha Agrawal, and Ramanand Agrawal serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106CT2002PLC015056

  • Company No.

    015056

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 2002

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

Who are the key members and board of directors at Abhishek Steel Industries?

Executive Team (1)

Name Designation Appointment Date Status
Preeti Gupta Company Secretary 10-Sep-2013 Current

Board Members (3)

Name Designation Appointment Date Status
Rajesh Agrawal Country flag representing In Director 22-Feb-2010 Current
Rekha Agrawal Country flag representing In Director 25-Oct-2005 Current
Ramanand Agrawal Country flag representing In Director 19-Sep-2008 Current

Financial Performance of Abhishek Steel Industries.

Abhishek Steel Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 127.48% increase. The company also saw a substantial fall in profitability, with a 27.28% decrease in profit. The company's net worth Soared by an impressive increase of 20.79%.

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
127.48%
Revenue from Operations
124.81%
Total Assets
44.18%
Profit or Loss
-27.28%
Net Worth
20.79%
EBITDA
27.65%

What is the Ownership and Shareholding Structure of Abhishek Steel Industries?

In 2023, Abhishek Steel Industries had a promoter holding of 91.44% and a public holding of 8.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹101.52 Cr

Satisfied Charges

₹110.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.99 Cr
  • State Bank Of India : 0.46 Cr
  • M. P. Financial Corpn. : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
07 Sep 2018 Others ₹100.99 Cr Open
13 Feb 1988 State Bank Of India ₹2.40 M Open
18 Nov 1987 M. P. Financial Corpn. ₹0.74 M Open
19 Dec 1986 State Bank Of India ₹1.00 M Open
19 Dec 1986 State Bank Of India ₹1.15 M Open

How Many Employees Work at Abhishek Steel Industries?

Abhishek Steel Industries has a workforce of 18 employees as of Mar 31, 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 Abhishek 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 Abhishek 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 Abhishek Steel Industries

Recent activity within the organization

  • Charges

    A charge registered on 13 Jun 2016 via Charge ID 100039231 with Hdfc Bank Limited was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge registered on 28 Aug 2015 via Charge ID 10594322 with Hdfc Bank Limited was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Abhishek Steel Industries Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge registered on 26 Jul 2019 via Charge ID 100281699 with Karnataka Bank Ltd. was fully satisfied on 31 May 2023.

    31 May 2023

  • Charges

    A charge with Others of Rs. 100.99 Cr registered on 07 Sep 2018 with Charge ID 100211132 was modified on 04 May 2023.

    04 May 2023

  • Balance Sheet

    Abhishek Steel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Abhishek Steel Industries Limited was incorporated on 09 Apr 2002.

  • The authorized share capital of Abhishek Steel Industries Limited is ₹ 9.80 Cr and paid-up capital is ₹ 8.78 Cr.

  • Currently 4 directors are associated with Abhishek Steel Industries Limited.

    • Preeti Gupta
    • Rajesh Agrawal
    • Rekha Agrawal
    • Ramanand Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abhishek Steel Industries Limited is Chamber No. 4 B/8-9 Sector-C Sarora Industrial Area Sarora, Raipur, Chattisgarh, India, 493221.

  • The corporate identification number (CIN) of Abhishek Steel Industries Limited is U27106CT2002PLC015056 and the company number is 015056 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abhishek Steel Industries Limited is https://www.mahamayagroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abhishek Steel Industries Limited has risen by 127.48%.

  • As Per 2023 financial reports, 18 employees are currently employed by Abhishek Steel Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abhishek Steel Industries Limited has experienced an upsurge of 20.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abhishek Steel Industries Limited amount to ₹ 101.52 Cr.

  • The most recent Balance Sheet for Abhishek Steel Industries Limited was filed with the ROC on 31 Mar 2023.

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