Amrit Steels Private Limited

A company that sells real estate and trades shares, specializing in metal pipes, tubes, and other steel products.

1972 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: July 30, 2024

Amrit Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.65 Cr
  • Company Age 52 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.79 Cr
  • Revenue Growth -85.33%
  • Profit Growth 16.15%
  • Ebitda 64.67%
  • Net Worth -4.72%
  • Total Assets -17.91%

About Amrit Steels

Amrit Steels Private Limited (ASPL) was founded in India on 10 November 1972 and has a glorious history of 52 years and three months.Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Corporate was formerly known as Amrit Steels Limited. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.65 Cr.

The company currently has active open charges totaling ₹9.79 Cr.

Pradip Kumar, Ravindra Garg, Vijay Aggarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310UP1972PTC003634

  • Company No.

    003634

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 1972

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services
Real Estate and Construction

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vijay Aggarwal Country flag representing In Managing Director01-Apr-1998Current

Board Members (4)

NameDesignationAppointment DateStatus
Pradip Kumar Country flag representing In Director 29-Apr-1985Current
Ravindra Garg Country flag representing In Whole-Time Director 01-May-2001Current
Ajay Aggarwal Country flag representing Io Director 30-Sep-1993Current
Priya Gofton Country flag representing Io Additional Director 21-Jun-2024Current

Financial Performance of Amrit Steels.

Amrit Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.33% decrease. The company also saw a substantial improvement in profitability, with a 16.15% increase in profit. The company's net worth dipped by a decrease of 4.72%.

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
-85.33%
Revenue from Operations
-100.03%
Total Assets
-17.91%
Profit or Loss
16.15%
Net Worth
-4.72%
EBITDA
64.67%

What is the Ownership and Shareholding Structure of Amrit Steels?

In 2023, Amrit Steels had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.79 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • State Bank Of Bikaner & Jaipur : 2.00 Cr
  • Grindlays Bank Plc : 1.50 Cr
  • Industrial Finance Corpn. Of India : 0.95 Cr
  • Anz Grindlays Bank Plc : 0.30 Cr
  • Others : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2022Others₹5.00 CrOpen
24 Feb 1988State Bank Of Bikaner & Jaipur₹2.50 MOpen
24 Feb 1988State Bank Of Bikaner & Jaipur₹1.75 CrOpen
11 Sep 1987Anz Grindlays Bank Plc₹3.00 MOpen
14 May 1986Industrial Finance Corpn. Of India₹9.50 MOpen

How Many Employees Work at Amrit Steels?

Unlock and access historical data on people associated with Amrit Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Priya Gofton was appointed as a Additional Director was appointed as a Additional Director on 21 Jun 2024 & has been associated with this company since 8 months 3 days .

    21 Jun 2024

  • Annual General Meeting

    Amrit Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Amrit Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100624083 was registered on 07 Oct 2022.

    07 Oct 2022

  • Director Appointment

    Ravindra Kumar Garg was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 May 2001 & has been associated with this company since 23 years 9 months .

    01 May 2001

  • Director Appointment

    Vijay Kumar Aggarwal was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 1998 & has been associated with this company since 26 years 10 months .

    01 Apr 1998

Frequently asked questions

  • Amrit Steels Private Limited was incorporated on 10 Nov 1972.

  • The authorized share capital of Amrit Steels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.65 Cr.

  • Currently 5 directors are associated with Amrit Steels Private Limited.

    • Pradip Kumar
    • Ravindra Kumar Garg
    • Vijay Kumar Aggarwal
    • Ajay Kumar Aggarwal
    • Priya Gofton
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amrit Steels Private Limited is 601 Disco Compound G.T. Road, Ghaziabad, Uttar Pradesh, India, 201001.

  • The corporate identification number (CIN) of Amrit Steels Private Limited is U27310UP1972PTC003634 and the company number is 003634 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Amrit Steels Private Limited has fallen by -85.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Amrit Steels Private Limited has experienced an downturn of -4.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Amrit Steels Private Limited amount to ₹ 9.79 Cr.

  • The most recent Balance Sheet for Amrit Steels Private Limited was filed with the ROC on 31 Mar 2023.

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