Advait Steel Rolling Mills Private Limited

Manufacturer of steel reinforcement bars with a capacity of 36,000 TPA, incorporated in 1996.

1996 | Villupuram, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Advait Steel Rolling Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.95 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.57 Cr
  • Satisfied Charges ₹ 6.65 Cr
  • Revenue Growth -94.80%
  • Profit Growth -124.36%
  • Ebitda 81.86%
  • Net Worth -0.26%
  • Total Assets 1.89%

About Advait Steel Rolling Mills

Advait Steel Rolling Mills Private Limited (ASRMPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 March 1996 and has a history of 28 years and 11 months. Its registered office is in Villupuram, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.95 M.

The company currently has active open charges totaling ₹13.57 Cr. The company has closed loans amounting to ₹6.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raffiq Khyoom and Bharat Garg serve as directors at the Company.

Company Details

  • Location

    Villupuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109PY1996PTC001738

  • Company No.

    001738

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pondicherry

Industry

Metals and Minerals

What products or services does Advait Steel Rolling Mills Private Limited offer?

Advait Steel Rolling Mills Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Bars, TMT Bars, Statues & Sculptures, Metal Statue, Metal Angles, Mild Steel Angle, Mild Steel Bars, Mild Steel Round Bar, Metal Channels.

Who are the key members and board of directors at Advait Steel Rolling Mills?

Board Members (2)

Name Designation Appointment Date Status
Bharat Garg Country flag representing In Director 06-Dec-2013 Current
Raffiq Khyoom Country flag representing In Whole-Time Director 22-Feb-2001 Current

Financial Performance of Advait Steel Rolling Mills.

Advait Steel Rolling Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 94.8% decrease. The company also saw a substantial fall in profitability, with a 124.36% decrease in profit. The company's net worth dipped by a decrease of 0.26%.

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
-94.80%
Revenue from Operations
Total Assets
1.89%
Profit or Loss
-124.36%
Net Worth
-0.26%
EBITDA
81.86%

What is the Ownership and Shareholding Structure of Advait Steel Rolling Mills?

In 2021, Advait Steel Rolling Mills had a promoter holding of 83.18% and a public holding of 16.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹135.70 M

Satisfied Charges

₹66.50 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 13.57 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2008 Oriental Bank Of Commerce ₹13.57 Cr Open
24 Jul 2002 Indian Overseas Bank ₹5.65 Cr Satisfied
24 Jul 2002 Indian Overseas Bank ₹1.00 Cr Satisfied

How Many Employees Work at Advait Steel Rolling Mills?

Advait Steel Rolling Mills has a workforce of 0 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 Advait Steel Rolling Mills, 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 Advait Steel Rolling Mills'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 Advait Steel Rolling Mills

Recent activity within the organization

  • Annual General Meeting

    Advait Steel Rolling Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Advait Steel Rolling Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pondicherry.

    31 Mar 2024

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 135.70 M registered on 31 Mar 2008 with Charge ID 10098615 was modified on 31 Mar 2015.

    31 Mar 2015

  • Director Appointment

    Bharat Garg was appointed as a Director was appointed as a Director on 06 Dec 2013 & has been associated with this company since 11 years 2 months .

    06 Dec 2013

  • Charges

    A charge registered on 24 Jul 2002 via Charge ID 90259985 with Indian Overseas Bank was fully satisfied on 25 Apr 2008.

    25 Apr 2008

  • Charges

    A charge registered on 24 Jul 2002 via Charge ID 90005749 with Indian Overseas Bank was fully satisfied on 25 Apr 2008.

    25 Apr 2008

Frequently asked questions

  • Advait Steel Rolling Mills Private Limited was incorporated on 08 Mar 1996.

  • The authorized share capital of Advait Steel Rolling Mills Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.95 M.

  • Currently 2 directors are associated with Advait Steel Rolling Mills Private Limited.

    • Raffiq Ahamed Khyoom
    • Bharat Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advait Steel Rolling Mills Private Limited is Rs No.62/6 Thethampakkam Suthukeni Post Mannadipet, India, Pondicherry, 605502.

  • The corporate identification number (CIN) of Advait Steel Rolling Mills Private Limited is U27109PY1996PTC001738 and the company number is 001738 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advait Steel Rolling Mills Private Limited is https://www.gargsteels.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Advait Steel Rolling Mills Private Limited has fallen by -94.80%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Advait Steel Rolling Mills Private Limited has experienced an downturn of -0.26%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Advait Steel Rolling Mills Private Limited amount to ₹ 13.57 Cr.

  • The most recent Balance Sheet for Advait Steel Rolling Mills Private Limited was filed with the ROC on 31 Mar 2024.

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