Ardent Steel Private Limited

Leading pellet manufacturer with 0.6 MTPA plant in Odisha, supplying domestic and international markets.

2007 | Raipur, Chattisgarh (India) | Active
Last Updated: June 17, 2024

Ardent Steel Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.57 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.09 Cr
  • Satisfied Charges ₹ 738.52 Cr
  • Revenue Growth -41.44%
  • Profit Growth -84.33%
  • Ebitda -86.91%
  • Net Worth 4.33%
  • Total Assets 1.00%

About Ardent Steel

Ardent Steel Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2007 and has a history of 17 years and nine months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Ardent Steel 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 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.57 Cr.

The company currently has active open charges totaling ₹22.09 Cr. The company has closed loans amounting to ₹738.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ardent Steel Private Limited India are Rishi Dave as COMPANY SECRETARY and Bibhu Jena as Cfo. Shyam Poddar, Sanjay Bothra, Sanjay Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ardentsteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310CT2007PTC007671

  • Company No.

    007671

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2007

  • Date of AGM

    30 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Ardent Steel Private Limited offer?

Ardent Steel Private Limited offers a wide range of products and services, including Environment Protection & Auditing, Environment Protection Services, Environmental Management Services, Minerals and Ores, Iron Ore, Charity & Non Profit Organizations, Welfare Organization Services.

Who are the key members and board of directors at Ardent Steel?

Executive Team (2)

NameDesignationAppointment DateStatus
Rishi Dave Country flag representing In Company Secretary01-May-2015Current
Bibhu Jena Country flag representing In CFO23-May-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Shyam Poddar Country flag representing In Director 12-Jan-2021Current
Sanjay Bothra Country flag representing In Director 21-May-2012Current
Sanjay Gupta Country flag representing In Whole-Time Director 30-Apr-2007Current
Anand Poddar Country flag representing In Whole-Time Director 12-Jan-2021Current
Subhasish Das Country flag representing In Whole-Time Director 23-Jan-2016Current
Kumar Agrawal Country flag representing In Whole-Time Director 01-May-2019Current

Financial Performance of Ardent Steel.

Ardent Steel Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.44% decrease. The company also saw a substantial fall in profitability, with a 84.33% decrease in profit. The company's net worth moved up by a moderate rise of 4.33%.

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
-41.44%
Revenue from Operations
-43.14%
Total Assets
1.00%
Profit or Loss
-84.33%
Net Worth
4.33%
EBITDA
-86.91%

What is the Ownership and Shareholding Structure of Ardent Steel?

In 2023, Ardent Steel had a promoter holding of 50.00% and a public holding of 50.00%. 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

₹22.09 Cr

Satisfied Charges

₹738.52 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.22 Cr
  • State Bank Of India : 1.87 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Hdfc Bank Limited₹20.00 CrOpen
06 Feb 2023State Bank Of India₹1.87 CrOpen
08 May 2013Hdfc Bank Limited₹2.15 MOpen
23 Mar 2021Axis Bank Limited₹20.00 CrSatisfied
31 Aug 2019Others₹8.30 MSatisfied

How Many Employees Work at Ardent Steel?

Ardent Steel has a workforce of 364 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ardent Steel, 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 Ardent Steel'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 Ardent Steel

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 30 Dec 2023 with Charge ID 100844117 was modified on 20 May 2024.

    20 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100844117 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge registered on 23 Mar 2021 via Charge ID 100437684 with Axis Bank Limited was fully satisfied on 21 Oct 2023.

    21 Oct 2023

  • Annual General Meeting

    Ardent Steel Private Limited last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.

    30 Aug 2023

  • Balance Sheet

    Ardent Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.87 Cr with Charge ID 100696496 was registered on 06 Feb 2023.

    06 Feb 2023

Frequently asked questions

  • Ardent Steel Private Limited was incorporated on 30 Apr 2007.

  • The authorized share capital of Ardent Steel Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.57 Cr.

  • Currently 8 directors are associated with Ardent Steel Private Limited.

    • Shyam Sundar Poddar
    • Sanjay Bothra
    • Sanjay Gupta
    • Anand Poddar
    • Rishi Dave
    • Bibhu Prasanna Jena
    • Subhasish Das
    • Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ardent Steel Private Limited is F-9 Hira Arcade, Near New Bus Stand Pandri India, Raipur, Chattisgarh, 492004.

  • The corporate identification number (CIN) of Ardent Steel Private Limited is U27310CT2007PTC007671 and the company number is 007671 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ardent Steel Private Limited is https://www.ardentsteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ardent Steel Private Limited has fallen by -41.44%.

  • As Per 2023 financial reports, 364 employees are currently employed by Ardent Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ardent Steel Private Limited has experienced an upsurge of 4.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ardent Steel Private Limited amount to ₹ 22.09 Cr.

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

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