Centric Steel Limited

Manufacturer of steel and allied products for various industries, with a facility in Maharashtra.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated:

Centric Steel Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.34 M
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 39.50 Cr
  • Revenue Growth 10.77%
  • Profit Growth 44.34%
  • Ebitda 1044.25%
  • Net Worth 4.08%
  • Total Assets 13.09%

About Centric Steel

Centric Steel Limited (CSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 February 1986 and has a history of 39 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Basudev Scarves Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.34 M.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹39.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Adhish Kochhar, Rishab Kochhar, and Niraj Kochhar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1986PLC038866

  • Company No.

    038866

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Centric Steel Limited offer?

Centric Steel Limited offers a wide range of products and services, including Steel Pipes and Tubes, ERW Pipes, PVC, FRP, HDPE & Other Plastic Pipes, Industrial Plastic Pipes, Steel Pipes, ERW Steel Tube, ERW Tube, Galvanized Pipe, Galvanized Steel Tubes, Cold Rolled Tube.

Company report

Centric Steel Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Adhish Kochhar Country flag representing In Director 14-May-2007Current
Rishab Kochhar Country flag representing In Director 01-Feb-2013Current
Niraj Kochhar Country flag representing In Director 14-May-2007Current

Financial Performance of Centric Steel.

Centric Steel Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 10.77% increase. The company also saw a substantial improvement in profitability, with a 44.34% increase in profit. The company's net worth moved up by a moderate rise of 4.08%.

Centric Steel revenue growth over time
Centric 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
10.77%
Revenue from Operations
12.00%
Total Assets
13.09%
Profit or Loss
44.34%
Net Worth
4.08%
EBITDA
1044.25%

What is the Ownership and Shareholding Structure of Centric Steel?

In 2021, Centric Steel 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

₹5.00 Cr

Satisfied Charges

₹39.50 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2022Tata Capital Financial Services Limited₹5.00 CrOpen
29 Nov 2014Kotak Mahindra Bank Limited₹15.00 CrSatisfied
29 Oct 2007Canara Bank₹24.50 CrSatisfied

How Many Employees Work at Centric Steel?

Centric Steel has a workforce of 2 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.

Employee growth trends for Centric Steel Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100580330 was registered on 08 Jun 2022.

  • Charges

    A charge registered on 29 Nov 2014 via Charge ID 10574617 with Kotak Mahindra Bank Limited was fully satisfied on 15 Oct 2019.

  • Charges

    A charge registered on 29 Oct 2007 via Charge ID 10075480 with Canara Bank was fully satisfied on 07 Jul 2015.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 15.00 Cr with Charge ID 10574617 was registered on 29 Nov 2014.

Frequently asked questions

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

    Centric Steel Limited was incorporated on 05 Feb 1986.

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

    The authorized share capital of Centric Steel Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.34 M.

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

    Currently 3 directors are associated with Centric Steel Limited.

    • Adhish Niraj Kochhar
    • Rishab Niraj Kochhar
    • Niraj Wishwanath Kochhar
  • What is the registered address of Centric Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Centric Steel Limited is 43 Sardar Pratap Singh Industrial Estate No. 3 Lbs Marg, Bhandup (West) India, Mumbai, Maharashtra, 400078.

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

    The corporate identification number (CIN) of Centric Steel Limited is U99999MH1986PLC038866 and the company number is 038866 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Centric Steel Limited?

    The Official website of Centric Steel Limited is https://www.centricsteel.com

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Centric Steel Limited has risen by 10.77%.

  • How many employees does Centric Steel Limited currently have?

    As Per 2021 financial reports, 2 employees are currently employed by Centric Steel Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Centric Steel Limited has experienced an upsurge of 4.08%.

  • What are the total open charges for Centric Steel Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Centric Steel Limited amount to ₹ 5.00 Cr.

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

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

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