Alco Steels Profile
Key Indicators
- Authorised Capital ₹ 8.60 M
- Paid Up Capital ₹ 7.50 M
- Company Age 31 Year, 4 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 four 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
Who are the key members and board of directors at Alco Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Zaheer Lokhandwala  | Managing Director | 01-Oct-2004 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Minhaz Lokhandwala | Director | 01-Jan-2015 | Current |
| Rafia Lokhandwala | Whole-Time Director | 12-Oct-1993 | Current |
| Khozem Lokhandwala | Whole-Time Director | 12-Oct-1993 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Charges (Loans)
₹307.23 M
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2023 | Axis Bank Limited | ₹14.00 Cr | Open |
| 19 Sep 2022 | Sidbi | ₹6.41 M | Open |
| 11 Aug 2020 | Others | ₹1.63 Cr | Open |
| 05 Nov 2019 | Others | ₹0.92 M | Open |
| 20 Jun 2015 | Others | ₹14.36 Cr | Open |
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.
Deals i
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
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.
