Agni Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.41 Cr
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 389.72 Cr
- Satisfied Charges ₹ 11.75 Cr
- Revenue Growth 17.77%
- Profit Growth -5.74%
- Ebitda -7.81%
- Net Worth 19.35%
- Total Assets 49.70%
About Agni Steels
Agni Steels Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 1989 and has a history of 35 years and three months. Its registered office is in Erode, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.41 Cr.
The company currently has active open charges totaling ₹389.72 Cr. The company has closed loans amounting to ₹11.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muthusamy Chinnasami, Ramanathan Krishnamurthy, Kaliannan Thangavelu, and Three other members serve as directors at the Company.
Company Details
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Location
Erode, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27310TZ1989PTC003060
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Company No.
003060
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Oct 1989
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
What products or services does Agni Steels Private Limited offer?
Agni Steels Private Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Oils, Grease & Lubricants, Industrial Oils, Milling & Grinding Tools, Rolling Mill Equipment, Steel Products, Steel Billets, Metal Bars, Iron Billets.
Who are the key members and board of directors at Agni Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthusamy Chinnasami
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Managing Director | 19-Oct-1989 | Current |
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Ramanathan Krishnamurthy
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Managing Director | 19-Oct-1989 | Current |
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Kaliannan Thangavelu
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Managing Director | 19-Oct-1989 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Ramji Krishnamurthy
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Director | 10-Apr-2019 | Current |
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Kugalur Ilangovan
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Director | 10-Apr-2019 | Current |
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Sakthi Chinnasami
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Director | 10-Apr-2019 | Current |
Financial Performance of Agni Steels.
Agni Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.77% increase. The company also saw a slight decrease in profitability, with a 5.74% decrease in profit. The company's net worth Soared by an impressive increase of 19.35%.
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What is the Ownership and Shareholding Structure of Agni Steels?
In 2023, Agni Steels had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Zigma Global Environ Solutions Private LimitedKugalur Ilangovan is a mutual person
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Greenfield Housing India Private LimitedMuthusamy Chinnasami is a mutual person
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Pwds Extrusions Private LimitedKugalur Ilangovan is a mutual person
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Mc Green Power Private LimitedMuthusamy Chinnasami and Sakthi Chinnasami are mutual person
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Hillside Ventures Private Limited
Muthusamy Chinnasami and Sakthi Chinnasami are mutual person
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Aspl Ventures Private Limited
Muthusamy Chinnasami, Ramanathan Krishnamurthy and 1 more are mutual person
Charges (Loans)
₹389.72 Cr
₹11.75 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 141.72 Cr
- State Bank Of India : 100.00 Cr
- Axis Bank Limited : 93.77 Cr
- The South Indian Bank Limited : 54.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2023 | Axis Bank Limited | ₹68.77 Cr | Open |
| 20 Feb 2023 | State Bank Of India | ₹100.00 Cr | Open |
| 02 Feb 2023 | Axis Bank Limited | ₹25.00 Cr | Open |
| 01 Feb 2023 | Hdfc Bank Limited | ₹14.30 Cr | Open |
| 13 Mar 2019 | Hdfc Bank Limited | ₹127.42 Cr | Open |
How Many Employees Work at Agni Steels?
Agni Steels has a workforce of 720 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Agni 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 Agni Steels's trajectory.
Rating
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
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.