Ambica Steels Limited

Manufacturer of stainless steel products for various industries, including aerospace and oil and gas.

1970 | Delhi (India) | Active
Last Updated: December 22, 2024

Ambica Steels Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.44 Cr
  • Company Age 54 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 410.29 Cr
  • Satisfied Charges ₹ 2,617.28 Cr
  • Revenue Growth 1.39%
  • Profit Growth 33.15%
  • Ebitda 20.27%
  • Net Worth 21.87%
  • Total Assets 23.12%

About Ambica Steels

Ambica Steels Limited (ASL) was founded in India on 16 July 1970 and has a glorious history of 54 years and seven months. Its registered office is in Delhi, 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 12.00 Cr and a paid-up capital of Rs 9.44 Cr.

The company currently has active open charges totaling ₹410.29 Cr. The company has closed loans amounting to ₹2,617.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ambica Steels Limited India are Davesh Chander as CFO and Ashish Jain as Company Secretary. Mahesh Gupta, Chander Gupta, Lisha Gupta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ambicasteels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109DL1970PLC005345

  • Company No.

    005345

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 1970

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

What products or services does Ambica Steels Limited offer?

Ambica Steels Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Ingots, Steel Bars, Rods, Plates & Sheets, Stainless Steel Equal Angle Bar, Steel & Stainless Steel Products, Steel Products, Stainless Steel Alloys, Steel Round Bars, Steel Bars, Flat Bars.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Chander Gupta Country flag representing In Managing Director19-Oct-1999Current
Davesh Chander Country flag representing In CFO29-Jul-2014Current
Ashish Jain Country flag representing In Company Secretary12-May-2016Current

Board Members (6)

NameDesignationAppointment DateStatus
Mahesh Gupta Country flag representing In Whole-Time Director 02-May-1995Current
Lisha Gupta Country flag representing In Director 01-Aug-2022Current
Rakesh Gupta Country flag representing In Director 10-Aug-2022Current
Neeru Sharma Country flag representing In Director 28-Jul-2015Current
Satya Tyagi Country flag representing In Whole-Time Director 10-Jul-2003Current
Ajay Kumar Country flag representing In Whole-Time Director 15-May-2000Current

Financial Performance of Ambica Steels.

Ambica Steels Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 1.39% increase. The company also saw a substantial improvement in profitability, with a 33.15% increase in profit. The company's net worth Soared by an impressive increase of 21.87%.

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
1.39%
Revenue from Operations
1.48%
Total Assets
23.12%
Profit or Loss
33.15%
Net Worth
21.87%
EBITDA
20.27%

What is the Ownership and Shareholding Structure of Ambica Steels?

In 2021, Ambica Steels had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹410.29 Cr

Satisfied Charges

₹2,617.28 Cr

Charges Breakdown by Lending Institutions

  • Others : 359.25 Cr
  • Yes Bank Limited : 50.00 Cr
  • Hdfc Bank Limited : 1.04 Cr

Latest Charge Details

DateLenderAmountStatus
23 Oct 2024Yes Bank Limited₹50.00 CrOpen
16 Jun 2022Others₹359.25 CrOpen
16 Aug 2021Hdfc Bank Limited₹5.20 MOpen
11 Aug 2021Hdfc Bank Limited₹5.20 MOpen
04 Jul 2022Others₹49.25 CrSatisfied

How Many Employees Work at Ambica Steels?

Ambica Steels has a workforce of 1405 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100994793 was registered on 23 Oct 2024.

    23 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ambica Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 04 Jul 2022 via Charge ID 100608103 with Others was fully satisfied on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge registered on 27 Aug 2019 via Charge ID 100300449 with Axis Bank Limited was fully satisfied on 05 Mar 2023.

    05 Mar 2023

  • Charges

    A charge registered on 04 Jan 2019 via Charge ID 100227591 with Others was fully satisfied on 18 Jan 2023.

    18 Jan 2023

Frequently asked questions

  • Ambica Steels Limited was incorporated on 16 Jul 1970.

  • The authorized share capital of Ambica Steels Limited is ₹ 12.00 Cr and paid-up capital is ₹ 9.44 Cr.

  • Currently 9 directors are associated with Ambica Steels Limited.

    • Mahesh Gupta
    • Chander Parkash Gupta
    • Lisha Gupta
    • Davesh Chander
    • Ashish Jain
    • Rakesh Gupta
    • Neeru Sharma
    • Satya Prakash Tyagi
    • Ajay Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ambica Steels Limited is C-54/1 Mezzanie Floorwazirpur Indl Area India, Delhi, 110052.

  • The corporate identification number (CIN) of Ambica Steels Limited is U27109DL1970PLC005345 and the company number is 005345 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ambica Steels Limited is https://www.ambicasteels.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ambica Steels Limited has risen by 1.39%.

  • As Per 2021 financial reports, 1405 employees are currently employed by Ambica Steels Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ambica Steels Limited has experienced an upsurge of 21.87%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ambica Steels Limited amount to ₹ 410.29 Cr.

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

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