Canara Steel Limited

Produces various steel and metal products, including alloy, aluminum, brass, copper, carbon steel, titanium, and stainless steel.

1973 | Bangaluru, Karnataka (India) | Active
Last Updated:

Canara Steel Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.91 Cr
  • Company Age 52 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 25.11 Cr
  • Revenue Growth 30.58%
  • Profit Growth 46.97%
  • Ebitda 92.95%
  • Net Worth 38.25%
  • Total Assets 34.26%

About Canara Steel

Canara Steel Limited (CSL) was founded in India on 23 March 1973 and has a glorious history of 52 years and one month.Its registered office is in Bangaluru, Karnataka, 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 4.00 Cr and a paid-up capital of Rs 3.91 Cr.

The company has closed loans amounting to ₹25.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jagadish Kudva, Katpady Kini, Shashindra Bhat, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104KA1973PLC002316

  • Company No.

    002316

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals
Company report

Canara Steel Limited

Explore comprehensive data for Canara Steel Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Shashindra Bhat Country flag representing In Director 04-Aug-2022Current
Jagadish Kudva Country flag representing In Director 04-Aug-2022Current
Katpady Kini Country flag representing In Director 30-Jun-2022Current
Subbarame Gowda Country flag representing In Director 10-Oct-2002Current

Financial Performance of Canara Steel.

Canara Steel Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 30.58% increase. The company also saw a substantial improvement in profitability, with a 46.97% increase in profit. The company's net worth Soared by an impressive increase of 38.25%.

Canara Steel revenue growth over time
Canara Steel 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
30.58%
Revenue from Operations
29.46%
Total Assets
34.26%
Profit or Loss
46.97%
Net Worth
38.25%
EBITDA
92.95%

What is the Ownership and Shareholding Structure of Canara Steel?

In 2017, Canara Steel had a promoter holding of 60.36% and a public holding of 39.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹25.11 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.11 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 1993State Bank Of India₹3.70 CrSatisfied
12 Aug 1989State Bank Of India₹10.65 CrSatisfied
12 Aug 1989State Bank Of India₹0.50 MSatisfied
07 Jul 1988State Bank Of India₹10.65 CrSatisfied
07 May 1988State Bank Of India₹0.55 MSatisfied

How Many Employees Work at Canara Steel?

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

Employee growth trends for Canara Steel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Canara 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 Canara 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 Canara Steel

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Canara Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Jagadish Kudva was appointed as a Director was appointed as a Director on 04 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Shashindra Bhat was appointed as a Director was appointed as a Director on 04 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Katpady Madhava Kini was appointed as a Director was appointed as a Director on 30 Jun 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge registered on 27 Jan 1993 via Charge ID 80006407 with State Bank Of India was fully satisfied on 26 Jun 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Canara Steel Limited?

    Canara Steel Limited was incorporated on 23 Mar 1973.

  • What is authorized share capital and paid-up capital of Canara Steel Limited?

    The authorized share capital of Canara Steel Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.91 Cr.

  • Who are the current board members & directors of Canara Steel Limited?

    Currently 4 directors are associated with Canara Steel Limited.

    • Jagadish Kudva
    • Katpady Madhava Kini
    • Shashindra Bhat
    • Subbarame Gowda

  • What is the registered address of Canara Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Canara Steel Limited is N-301 3Rd Floor North Block Front Wing Manipal Centre 47 Dickenson Road, India, Bangalore, Karnataka, 560042.

  • What is the corporate identification number (CIN) and company number of Canara Steel Limited?

    The corporate identification number (CIN) of Canara Steel Limited is U27104KA1973PLC002316 and the company number is 002316 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Canara Steel Limited?

    The Official website of Canara Steel Limited is https://www.canarasteel.com

  • What has been the recent revenue trend for Canara Steel Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Canara Steel Limited has risen by 30.58%.

  • What change has been observed in the net worth of Canara Steel Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Canara Steel Limited has experienced an upsurge of 38.25%.

  • When was the last Balance Sheet of Canara Steel Limited filed with the ROC?

    The most recent Balance Sheet for Canara Steel Limited was filed with the ROC on 31 Mar 2024.

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