Chandan Steel Limited

Manufacturer of stainless steel products for global markets, with focus on exports and diverse industries.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Chandan Steel Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 21.75 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 610.90 Cr
  • Satisfied Charges ₹ 1,777.00 Cr
  • Revenue Growth 27.54%
  • Profit Growth 95.37%
  • Ebitda 77.79%
  • Net Worth 55.63%
  • Total Assets 8.40%

About Chandan Steel

Chandan Steel Limited (CSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 November 1989 and has a history of 35 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Umargam Metal Rolling Mills Private 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 21.75 Cr.

The company currently has active open charges totaling ₹610.90 Cr. The company has closed loans amounting to ₹1,777.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chandan Steel Limited India is Vinod Sharma as CFO. Dilip Chandan, Pravin Jain, Chirag Chandan, and Two other members 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

    U99999MH1989PLC054206

  • Company No.

    054206

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1989

  • Date of AGM

    04 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Environment

What products or services does Chandan Steel Limited offer?

Chandan Steel Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel Profile, Steel Pipes and Tubes, Stainless Steel Pipes, Steel Bars, Rods, Plates & Sheets, Steel Bars, Brackets, Holder & Hardware Fittings, Metal Angles, Stainless Steel Products, Forgings.

Company report

Chandan Steel Limited

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

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

Executive Team (2)

NameDesignationAppointment DateStatus
Dilip Chandan Country flag representing In Managing Director08-Nov-1989Current
Vinod Sharma CFO11-Jun-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Pravin Jain Country flag representing In Director 15-Jul-2006Current
Chirag Chandan Country flag representing In Additional Director 04-Nov-2024Current
Mukul Tandon Country flag representing In Director 01-Jun-2021Current
Smita Kumar Country flag representing In Additional Director 17-Oct-2024Current

Financial Performance of Chandan Steel.

Chandan Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.54% increase. The company also saw a substantial improvement in profitability, with a 95.37% increase in profit. The company's net worth Soared by an impressive increase of 55.63%.

Chandan Steel revenue growth over time
Chandan 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
27.54%
Revenue from Operations
27.53%
Total Assets
8.40%
Profit or Loss
95.37%
Net Worth
55.63%
EBITDA
77.79%

What is the Ownership and Shareholding Structure of Chandan Steel?

In 2023, Chandan Steel had a promoter holding of 46.61% and a public holding of 53.39%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹610.90 Cr

Satisfied Charges

₹1,777.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 573.40 Cr
  • United Bank Of India : 37.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2022Others₹573.00 CrOpen
15 Dec 2020Others₹4.03 MOpen
17 Nov 2016United Bank Of India₹37.50 CrOpen
30 Mar 2022Others₹526.30 CrSatisfied
30 Jul 2021Others₹31.19 CrSatisfied

How Many Employees Work at Chandan Steel?

Chandan Steel has a workforce of 1286 employees as of Apr 25, 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 Chandan Steel Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Chirag Dilip Chandan was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 5 months 7 days .

  • Director Appointment

    Smita Chandramani Kumar was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2024 & has been associated with this company since 5 months 25 days .

  • Annual General Meeting

    Chandan Steel Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 573.00 Cr registered on 28 Mar 2022 with Charge ID 100564363 was modified on 02 Feb 2024.

  • Charges

    A charge registered on 24 Aug 2020 via Charge ID 100380045 with Others was fully satisfied on 03 May 2023.

Frequently asked questions

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

    Chandan Steel Limited was incorporated on 08 Nov 1989.

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

    The authorized share capital of Chandan Steel Limited is ₹ 50.00 Cr and paid-up capital is ₹ 21.75 Cr.

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

    Currently 6 directors are associated with Chandan Steel Limited.

    • Dilip Chunilal Chandan
    • Pravin Chaganlal Jain
    • Chirag Dilip Chandan
    • Mukul Tandon
    • Smita Chandramani Kumar
    • Vinod Chiranjilal Sharma

  • What is the registered address of Chandan Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chandan Steel Limited is 504, Sukh Sagar N. S. Patkar Marg India, Mumbai, Maharashtra, 400007.

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

    The corporate identification number (CIN) of Chandan Steel Limited is U99999MH1989PLC054206 and the company number is 054206 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chandan Steel Limited?

    The Official website of Chandan Steel Limited is https://www.chandansteel.net

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Chandan Steel Limited has risen by 27.54%.

  • How many employees does Chandan Steel Limited currently have?

    As Per 2023 financial reports, 1286 employees are currently employed by Chandan Steel Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Chandan Steel Limited has experienced an upsurge of 55.63%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Chandan Steel Limited amount to ₹ 610.90 Cr.

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

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

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