Chandi Steel Industries Ltd

Manufacturer of heavy rounds and flats in various steel types, serving clients in multiple industries.

1978 | Kolkata, West Bengal (India) | Active
Last Updated:

Chandi Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 31.61 Cr
  • Company Age 46 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.54 Cr
  • Satisfied Charges ₹ 729.23 Cr
  • Revenue Growth 14.87%
  • Profit Growth 100.90%
  • Ebitda 68.10%
  • Net Worth 71.46%
  • Total Assets -7.48%

About Chandi Steel Industries

Chandi Steel Industries Ltd (CSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 1978 and has a history of 46 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Chandi Steel Industries Private Ltd. 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 37.00 Cr and a paid-up capital of Rs 31.61 Cr.

The company currently has active open charges totaling ₹4.54 Cr. The company has closed loans amounting to ₹729.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chandi Steel Industries Ltd India are Seema Sureka as COMPANY SECRETARY and Tushar Sarkar as Cfo. Devendra Jajodia, Susanta Sarkar, Harsh Jajodia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L13100WB1978PLC031670

  • Company No.

    031670

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1978

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Chandi Steel Industries Ltd offer?

Chandi Steel Industries Ltd offers a wide range of products and services, including Silico Manganese, Minerals and Ores, Iron Ore, Ferro Alloys, Ferro Manganese, Ferro Chrome, Ferro Silicon, Iron Metal, Pig Iron, Steel & Stainless Steel Products.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Devendra Jajodia Country flag representing In Managing Director22-Dec-2007Current
Seema Sureka Country flag representing In Company Secretary17-Dec-2014Current
Tushar Sarkar Country flag representing In CFO24-May-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Susanta Sarkar Country flag representing In Director 19-Nov-2012Current
Harsh Jajodia Country flag representing In Whole-Time Director 01-Jul-2022Current
Swati Agarwal Country flag representing In Director 01-Aug-2024Current
Sudeb Saha Director 03-Sep-2024Current
Sumit Rakshit Country flag representing In Director 01-Sep-2016Current

Financial Performance of Chandi Steel Industries.

Chandi Steel Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 14.87% increase. The company also saw a substantial improvement in profitability, with a 100.9% increase in profit. The company's net worth Soared by an impressive increase of 71.46%.

Chandi Steel Industries revenue growth over time
Chandi Steel Industries 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
14.87%
Revenue from Operations
14.46%
Total Assets
-7.48%
Profit or Loss
100.90%
Net Worth
71.46%
EBITDA
68.10%

What is the Ownership and Shareholding Structure of Chandi Steel Industries?

In 2022, Chandi Steel Industries had a promoter holding of 39.62% and a public holding of 60.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.54 Cr

Satisfied Charges

₹729.23 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.62 Cr
  • Others : 0.92 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2025Others₹3.45 MOpen
20 Sep 2024Others₹5.74 MOpen
12 Jul 2021Axis Bank Limited₹1.28 CrOpen
21 Jun 2021Axis Bank Limited₹1.80 CrOpen
12 Apr 2021Axis Bank Limited₹2.18 MOpen

How Many Employees Work at Chandi Steel Industries?

Chandi Steel Industries has a workforce of 315 employees as of Apr 01, 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 Chandi Steel Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chandi Steel 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 Chandi Steel 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 Chandi Steel Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 101049506 was registered on 14 Feb 2025.

  • Charges

    A charge registered on 20 Jul 2019 via Charge ID 100278312 with Axis Bank Limited was fully satisfied on 22 Oct 2024.

  • Annual General Meeting

    Chandi Steel Industries Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100979702 was registered on 20 Sep 2024.

  • Director Appointment

    Sudeb Saha was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 6 months 25 days .

  • Director Appointment

    Swati Agarwal was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 7 months 27 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Chandi Steel Industries Ltd?

    Chandi Steel Industries Ltd was incorporated on 09 Sep 1978.

  • What is authorized share capital and paid-up capital of Chandi Steel Industries Ltd?

    The authorized share capital of Chandi Steel Industries Ltd is ₹ 37.00 Cr and paid-up capital is ₹ 31.61 Cr.

  • Who are the current board members & directors of Chandi Steel Industries Ltd?

    Currently 8 directors are associated with Chandi Steel Industries Ltd.

    • Devendra Prasad Jajodia
    • Susanta Sarkar
    • Harsh Jajodia
    • Swati Agarwal
    • Sudeb Saha
    • Seema Sureka
    • Tushar Kanti Sarkar
    • Sumit Kumar Rakshit

  • What is the registered address of Chandi Steel Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chandi Steel Industries Ltd is 3 Bentinck Street, Ps Hare Street India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Chandi Steel Industries Ltd?

    The corporate identification number (CIN) of Chandi Steel Industries Ltd is L13100WB1978PLC031670 and the company number is 031670 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chandi Steel Industries Ltd?

    The Official website of Chandi Steel Industries Ltd is https://www.chandisteel.com

  • What has been the recent revenue trend for Chandi Steel Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chandi Steel Industries Ltd has risen by 14.87%.

  • How many employees does Chandi Steel Industries Ltd currently have?

    As Per 2023 financial reports, 315 employees are currently employed by Chandi Steel Industries Ltd.

  • What change has been observed in the net worth of Chandi Steel Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chandi Steel Industries Ltd has experienced an upsurge of 71.46%.

  • What are the total open charges for Chandi Steel Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Chandi Steel Industries Ltd amount to ₹ 4.54 Cr.

  • When was the last Balance Sheet of Chandi Steel Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Chandi Steel Industries Ltd was filed with the ROC on 31 Mar 2024.

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