Alco Steels Private Limited

Manufacturer and trader of iron and steel products.

1993 | Raigarh, Maharashtra (India) | Active
Last Updated:

Alco Steels Profile

Key Indicators

  • Authorised Capital ₹ 8.60 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.72 Cr
  • Satisfied Charges ₹ 11.82 Cr
  • Revenue Growth 17.90%
  • Profit Growth 37.39%
  • Ebitda 88.62%
  • Net Worth 22.78%
  • Total Assets 0.93%

About Alco Steels

Alco Steels Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 1993 and has a history of 31 years and seven months. Its registered office is in Raigarh, Maharashtra, India.

The Corporate was formerly known as Alco Steels 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 8.60 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹30.72 Cr. The company has closed loans amounting to ₹11.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Minhaz Lokhandwala, Rafia Lokhandwala, Zaheer Lokhandwala, and One other member serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106MH1993PTC074435

  • Company No.

    074435

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Company report

Alco Steels Private Limited

Explore comprehensive data for Alco Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Zaheer Lokhandwala Country flag representing In Managing Director01-Oct-2004Current

Board Members (3)

NameDesignationAppointment DateStatus
Minhaz Lokhandwala Country flag representing In Director 01-Jan-2015Current
Rafia Lokhandwala Country flag representing In Whole-Time Director 12-Oct-1993Current
Khozem Lokhandwala Country flag representing In Whole-Time Director 12-Oct-1993Current

Financial Performance of Alco Steels.

Alco Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.9% increase. The company also saw a substantial improvement in profitability, with a 37.39% increase in profit. The company's net worth Soared by an impressive increase of 22.78%.

Alco Steels revenue growth over time
Alco 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
17.90%
Revenue from Operations
39.52%
Total Assets
0.93%
Profit or Loss
37.39%
Net Worth
22.78%
EBITDA
88.62%

What is the Ownership and Shareholding Structure of Alco Steels?

In 2023, Alco Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹307.23 M

Satisfied Charges

₹118.20 M

Charges Breakdown by Lending Institutions

  • Others : 16.08 Cr
  • Axis Bank Limited : 14.00 Cr
  • Sidbi : 0.64 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2023Axis Bank Limited₹14.00 CrOpen
19 Sep 2022Sidbi₹6.41 MOpen
11 Aug 2020Others₹1.63 CrOpen
05 Nov 2019Others₹0.92 MOpen
20 Jun 2015Others₹14.36 CrOpen

How Many Employees Work at Alco Steels?

Alco Steels has a workforce of 36 employees as of Apr 08, 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.

Employee growth trends for Alco Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Alco 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 Alco 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 Alco Steels

Recent activity within the organization

  • Annual General Meeting

    Alco Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Alco Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 140.00 M with Charge ID 100862230 was registered on 20 Nov 2023.

  • Charges

    A charge with Sidbi amounted to Rs. 6.41 M with Charge ID 100607785 was registered on 19 Sep 2022.

  • Charges

    A charge with Others of Rs. 143.60 M registered on 20 Jun 2015 with Charge ID 10585293 was modified on 06 Jun 2022.

  • Charges

    A charge with Others amounted to Rs. 16.30 M with Charge ID 100419744 was registered on 11 Aug 2020.

Frequently asked questions

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

    Alco Steels Private Limited was incorporated on 12 Oct 1993.

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

    The authorized share capital of Alco Steels Private Limited is ₹ 8.60 M and paid-up capital is ₹ 7.50 M.

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

    Currently 4 directors are associated with Alco Steels Private Limited.

    • Minhaz Khozem Lokhandwala
    • Rafia Khozem Lokhandwala
    • Zaheer Khozem Lokhandwala
    • Khozem Salehbhai Lokhandwala

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Alco Steels Private Limited is Plot No A- 57 Midc, Industrial Area India, Taloja, Maharashtra, 410208.

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

    The corporate identification number (CIN) of Alco Steels Private Limited is U27106MH1993PTC074435 and the company number is 074435 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Alco Steels Private Limited has risen by 17.90%.

  • How many employees does Alco Steels Private Limited currently have?

    As Per 2023 financial reports, 36 employees are currently employed by Alco Steels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Alco Steels Private Limited has experienced an upsurge of 22.78%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Alco Steels Private Limited amount to ₹ 30.72 Cr.

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

    The most recent Balance Sheet for Alco Steels Private Limited was filed with the ROC on 31 Mar 2024.

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