Castwel Industries Private Limited

Manufactures refractories and castables for furnaces and industrial facilities.

2011 | Nagpur, Maharashtra (India) | Active
Last Updated: July 03, 2024

Castwel Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.48 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.03 Cr
  • Revenue Growth 106.52%
  • Profit Growth -92.52%
  • Ebitda -19.26%
  • Net Worth 0.76%
  • Total Assets 0.73%

About Castwel Industries

Castwel Industries Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 May 2011 and has a history of 13 years and eight months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Castwel Industrial Services Private Limited. The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 14.48 Cr.

The company currently has active open charges totaling ₹25.03 Cr.

The Key Managerial Personnel (KMP) at Castwel Industries Private Limited India is Shruti Purohit as COMPANY SECRETARY. Padma Mushnoori and Mushnoori Kumar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    castwelindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2011PTC217667

  • Company No.

    217667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Castwel Industries?

Executive Team (1)

Name Designation Appointment Date Status
Shruti Purohit Company Secretary 01-Feb-2022 Current

Board Members (2)

Name Designation Appointment Date Status
Padma Mushnoori Country flag representing In Director 19-May-2011 Current
Mushnoori Kumar Country flag representing In Director 19-May-2011 Current

Financial Performance of Castwel Industries.

Castwel Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 106.52% increase. The company also saw a substantial fall in profitability, with a 92.52% decrease in profit. The company's net worth moved up by a moderate rise of 0.76%.

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
106.52%
Revenue from Operations
107.03%
Total Assets
0.73%
Profit or Loss
-92.52%
Net Worth
0.76%
EBITDA
-19.26%

What is the Ownership and Shareholding Structure of Castwel Industries?

In 2023, Castwel Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.03 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.03 Cr

Latest Charge Details

Date Lender Amount Status
18 Dec 2021 State Bank Of India ₹25.03 Cr Open

How Many Employees Work at Castwel Industries?

Castwel Industries has a workforce of 305 employees as of Mar 28, 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 Castwel Industries, 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 Castwel Industries'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 Castwel Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Castwel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 25.03 Cr registered on 18 Dec 2021 with Charge ID 100522683 was modified on 19 Jan 2023.

    19 Jan 2023

  • Director Appointment

    Shruti Hemant Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 01 Feb 2022 & has been associated with this company since 3 years 14 days .

    01 Feb 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 25.03 Cr with Charge ID 100522683 was registered on 18 Dec 2021.

    18 Dec 2021

  • Director Appointment

    Padma Mushnoori was appointed as a Director was appointed as a Director on 19 May 2011 & has been associated with this company since 13 years 8 months .

    19 May 2011

Frequently asked questions

  • Castwel Industries Private Limited was incorporated on 19 May 2011.

  • The authorized share capital of Castwel Industries Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.48 Cr.

  • Currently 3 directors are associated with Castwel Industries Private Limited.

    • Shruti Hemant Purohit
    • Padma Mushnoori
    • Mushnoori Shiv Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Castwel Industries Private Limited is C-18/6MidcHingna Industrial Area, Nagpur, Maharashtra, India, 440028.

  • The corporate identification number (CIN) of Castwel Industries Private Limited is U74900MH2011PTC217667 and the company number is 217667 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Castwel Industries Private Limited is https://www.castwelindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Castwel Industries Private Limited has risen by 106.52%.

  • As Per 2023 financial reports, 305 employees are currently employed by Castwel Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Castwel Industries Private Limited has experienced an upsurge of 0.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Castwel Industries Private Limited amount to ₹ 25.03 Cr.

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

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