Chandan Steel Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 21.75 Cr
- Company Age 35 Year, 2 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 two 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U99999MH1989PLC054206
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Company No.
054206
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Nov 1989
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Date of AGM
04 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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.
Who are the key members and board of directors at Chandan Steel?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dilip Chandan
|
Managing Director | 08-Nov-1989 | Current |
| Vinod Sharma | CFO | 11-Jun-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Pravin Jain
|
Director | 15-Jul-2006 | Current |
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Chirag Chandan
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Additional Director | 04-Nov-2024 | Current |
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Mukul Tandon
|
Director | 01-Jun-2021 | Current |
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Smita Kumar
|
Additional Director | 17-Oct-2024 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Umargam Industries AssociationPravin Jain is a mutual person
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Chandan Minerals Private LimitedDilip Chandan is a mutual person
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Uniworld Graphite Industries Private LimitedDilip Chandan and Chirag Chandan are mutual person
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Trimet Alloys & Marketing Private Limited
Dilip Chandan and Chirag Chandan are mutual person
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Indic Geo Resources Private Limited
Dilip Chandan and Chirag Chandan are mutual person
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Shri Raj Sarak Foundation
Dilip Chandan is a mutual person
Charges (Loans)
₹610.90 Cr
₹1,777.00 Cr
Charges Breakdown by Lending Institutions
- Others : 573.40 Cr
- United Bank Of India : 37.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2022 | Others | ₹573.00 Cr | Open |
| 15 Dec 2020 | Others | ₹4.03 M | Open |
| 17 Nov 2016 | United Bank Of India | ₹37.50 Cr | Open |
| 30 Mar 2022 | Others | ₹526.30 Cr | Satisfied |
| 30 Jul 2021 | Others | ₹31.19 Cr | Satisfied |
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.
Deals i
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
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
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.
