

Amalgam Steel & Power Profile
Key Indicators
- Authorised Capital ₹ 1,165.00 Cr
- Paid Up Capital ₹ 750.50 Cr
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,229.28 Cr
- Satisfied Charges ₹ 2,724.77 Cr
- Revenue Growth 42.98%
- Profit Growth -667.18%
- Ebitda -96.19%
- Net Worth -10.93%
- Total Assets -2.38%
About Amalgam Steel & Power
Amalgam Steel & Power Limited (ASPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 July 2003 and has a history of 21 years and nine months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Adhunik Alloys & Power Private 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 1,165.00 Cr and a paid-up capital of Rs 750.50 Cr.
The company currently has active open charges totaling ₹1,229.28 Cr. The company has closed loans amounting to ₹2,724.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Amalgam Steel & Power Limited India is Binay Himmatsinghka as COMPANY SECRETARY. Gaurav Atha, Vishal Atha, Binod Misra, and Four other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27104WB2003PLC096616
- Company No.
096616
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Jul 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Amalgam Steel & Power Limited offer?
Amalgam Steel & Power Limited offers a wide range of products and services, including Metal and Alloy Wires, Stainless Steel Wire, Steel & Stainless Steel Products, Stainless Steel Products, Industrial Steel, Stainless Steel Ingots, Iron Ore, Sponge Iron, Steel Products.
Who are the key members and board of directors at Amalgam Steel & Power?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vishal Atha ![]() | Managing Director | 27-Mar-2019 | Current |
Binay Himmatsinghka | Company Secretary | 18-Sep-2023 | Current |
Sourav Misra ![]() | Managing Director | 27-Mar-2019 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Gaurav Atha ![]() | Director | 27-Mar-2019 | Current |
Binod Misra ![]() | Whole-Time Director | 01-Jul-2020 | Current |
Raj Kumar ![]() | Director | 27-Mar-2019 | Current |
Dyapayan Dutta ![]() | Director | 19-Apr-2019 | Current |
Bharat Atha ![]() | Director | 01-Oct-2019 | Current |
Financial Performance of Amalgam Steel & Power.
Amalgam Steel & Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.98% increase. The company also saw a substantial fall in profitability, with a 667.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.93%.


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What is the Ownership and Shareholding Structure of Amalgam Steel & Power?
In 2023, Amalgam Steel & Power had a promoter holding of 100.00%. The company had 5 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- United Laboratories India Pvt Ltd
Binod Misra is a mutual person
- Topworth Steels And Power Private Limited
Dyapayan Dutta, Bharat Atha and 1 more are mutual person
- Pasupati Commerce Private Limited
Sourav Misra is a mutual person
- Orissa Manganese & Minerals Ltd
Dyapayan Dutta is a mutual person
- One Auto Private Limited
Sourav Misra is a mutual person
- Misra Construction Private Limited
Binod Misra is a mutual person
Charges (Loans)
₹1,229.28 Cr
₹2,724.77 Cr
Charges Breakdown by Lending Institutions
- Others : 952.13 Cr
- Axis Bank Limited : 144.40 Cr
- Hdfc Bank Limited : 50.00 Cr
- Yes Bank Limited : 47.00 Cr
- Dena Bank : 30.00 Cr
- Others : 5.75 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
01 Jun 2024 | Others | ₹80.00 Cr | Open |
02 Feb 2024 | Others | ₹40.00 Cr | Open |
22 Sep 2023 | Others | ₹459.13 Cr | Open |
10 Jan 2023 | Axis Bank Limited | ₹54.40 Cr | Open |
12 Sep 2022 | Others | ₹40.00 Cr | Open |
How Many Employees Work at Amalgam Steel & Power?
Amalgam Steel & Power has a workforce of 383 employees as of Mar 27, 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 Amalgam Steel & Power, 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 Amalgam Steel & Power'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.
Latest Updates, News, and FAQs on Amalgam Steel & Power
Recent activity within the organization
- Annual General Meeting
Amalgam Steel & Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 80.00 Cr with Charge ID 100931788 was registered on 01 Jun 2024.
- Balance Sheet
Amalgam Steel & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100860703 was registered on 02 Feb 2024.
- Charges
A charge registered on 13 Jun 2023 via Charge ID 100768034 with Others was fully satisfied on 02 Feb 2024.
- Charges
A charge with Others of Rs. 40.00 Cr registered on 12 Sep 2022 with Charge ID 100613383 was modified on 19 Jan 2024.
Recent News, Updates & Announcement
- Lenders angry with Sanjeev Gupta for taking Liberty with top bids | Mint.
Liberty House has backed out after placing the winning bids for Amtek Auto, ABG Shipyard and Adhunik Metaliks.Angry lenders have since sued Liberty House and want the firm barred from bidding for distressed assets in India under the IBC.
- NCLT cancels LHG resolution plans on Adhunik Metaliks.
Sanjeev Gupta-led LHG failed to implement the resolution plan submitted by it for bankrupt AML under the corporate insolvency resolution process (CIRP). .
- Liberty House not losing hope for Adhunik Metaliks | Mint.
The options before the CoC is to invite a fresh bid or allow time hoping to get funds.The Liberty House Group has sought fresh extension of time, citing pending regulatory and statutory approvals.
- Liberty gets 30 days to pay for Adhunik Metalliks acquisition.
Two-member bench of the National Company Law Appellate Tribunal led by Justice SJ Mukhopadhyaya on Friday gave the order..
- Liberty falters, suitors line up for Adhunik Metaliks.
Kalyani Steel, Maharashtra Seamless and Shyam Sel & Power have shown interest in the company that owes Rs 5,371 crore to banks..
Frequently asked questions
What is the Incorporation or founding date of Amalgam Steel & Power Limited?
Amalgam Steel & Power Limited was incorporated on 22 Jul 2003.
What is authorized share capital and paid-up capital of Amalgam Steel & Power Limited?
The authorized share capital of Amalgam Steel & Power Limited is ₹ 1,165.00 Cr and paid-up capital is ₹ 750.50 Cr.
Who are the current board members & directors of Amalgam Steel & Power Limited?
Currently 8 directors are associated with Amalgam Steel & Power Limited.
- Gaurav Atha
- Vishal Atha
- Binod Kumar Misra
- Raj Kejriwal Kumar
- Dyapayan Dutta
- Binay Kumar Himmatsinghka
- Bharat Atha
- Sourav Misra
What is the registered address of Amalgam Steel & Power Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Amalgam Steel & Power Limited is Avani Signature 4Th Floor Unit 401A 91A/1, Park Street India, Kolkata, West Bengal, 700016.
What is the corporate identification number (CIN) and company number of Amalgam Steel & Power Limited?
The corporate identification number (CIN) of Amalgam Steel & Power Limited is U27104WB2003PLC096616 and the company number is 096616 as per Ministry of Corporate Affairs (MCA).
What is the official website of Amalgam Steel & Power Limited?
The Official website of Amalgam Steel & Power Limited is https://www.adhunikgroup.com
What has been the recent revenue trend for Amalgam Steel & Power Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Amalgam Steel & Power Limited has risen by 42.98%.
How many employees does Amalgam Steel & Power Limited currently have?
As Per 2023 financial reports, 383 employees are currently employed by Amalgam Steel & Power Limited.
What change has been observed in the net worth of Amalgam Steel & Power Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Amalgam Steel & Power Limited has experienced an downturn of -10.93%.
What are the total open charges for Amalgam Steel & Power Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Amalgam Steel & Power Limited amount to ₹ 1,229.28 Cr.
When was the last Balance Sheet of Amalgam Steel & Power Limited filed with the ROC?
The most recent Balance Sheet for Amalgam Steel & Power Limited was filed with the ROC on 31 Mar 2024.
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