Charu Steels Limited

Produces and trades steel, alloy steel, and steel castings since 1985 in Kotdwara, Uttrakhand.

1985 | Pauri Garhwal, Uttarakhand (India) | Active
Last Updated:

Charu Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.79 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 18.34 Cr
  • Revenue Growth -36.61%
  • Profit Growth -1143.30%
  • Ebitda -409.02%
  • Net Worth -19.87%
  • Total Assets -39.73%

About Charu Steels

Charu Steels Limited (CSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 November 1985 and has a history of 39 years and five months. Its registered office is in Pauri Garhwal, Uttarakhand, India.

The Corporate was formerly known as Charu Steels 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 5.00 Cr and a paid-up capital of Rs 4.79 Cr.

The company has closed loans amounting to ₹18.34 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nishant Agarwal, Dinesh Kumar, and Sahil Singhal serve as directors at the Company.

Company Details

  • Location

    Pauri Garhwal, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101UR1985PLC007538

  • Company No.

    007538

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Metals and Minerals
Company report

Charu Steels Limited

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

Who are the key members and board of directors at Charu Steels?

Board Members (3)

NameDesignationAppointment DateStatus
Nishant Agarwal Country flag representing In Whole-Time Director 21-Jan-2004Current
Dinesh Kumar Country flag representing In Director 19-Aug-1994Current
Sahil Singhal Country flag representing In Whole-Time Director 15-May-2012Current

Financial Performance of Charu Steels.

Charu Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.61% decrease. The company also saw a substantial fall in profitability, with a 1143.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.87%.

Charu Steels revenue growth over time
Charu Steels 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
-36.61%
Revenue from Operations
-36.60%
Total Assets
-39.73%
Profit or Loss
-1143.30%
Net Worth
-19.87%
EBITDA
-409.02%

What is the Ownership and Shareholding Structure of Charu Steels?

In 2023, Charu Steels had a promoter holding of 14.02% and a public holding of 85.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹18.34 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 16.54 Cr
  • U.P. Financial Corporation : 0.90 Cr
  • Bank Of Baroda : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
04 Mar 2021Indian Overseas Bank₹2.40 MSatisfied
07 Mar 2020Indian Overseas Bank₹1.50 MSatisfied
14 Sep 2015Indian Overseas Bank₹0.60 MSatisfied
31 Jul 2015Indian Overseas Bank₹0.40 MSatisfied
30 Mar 2010Indian Overseas Bank₹1.00 CrSatisfied

How Many Employees Work at Charu Steels?

Charu Steels has a workforce of 6 employees as of Apr 06, 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 Charu Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Charu Steels, 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 Charu Steels'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 Charu Steels

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Charu Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.

  • Charges

    A charge registered on 04 Mar 2021 via Charge ID 100457329 with Indian Overseas Bank was fully satisfied on 09 Feb 2024.

  • Charges

    A charge registered on 07 Mar 2020 via Charge ID 100333454 with Indian Overseas Bank was fully satisfied on 09 Feb 2024.

  • Charges

    A charge registered on 22 Mar 2006 via Charge ID 80046529 with Indian Overseas Bank was fully satisfied on 09 Feb 2024.

  • Charges

    A charge registered on 06 May 2004 via Charge ID 90269646 with Indian Overseas Bank was fully satisfied on 09 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Charu Steels Limited?

    Charu Steels Limited was incorporated on 22 Nov 1985.

  • What is authorized share capital and paid-up capital of Charu Steels Limited?

    The authorized share capital of Charu Steels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.79 Cr.

  • Who are the current board members & directors of Charu Steels Limited?

    Currently 3 directors are associated with Charu Steels Limited.

    • Nishant Agarwal
    • Dinesh Kumar
    • Sahil Singhal
  • What is the registered address of Charu Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Charu Steels Limited is B-17 To B-22Industrial Area Balbhadrapur Kotdwara India, Uttrakhand, Uttarakhand, 246149.

  • What is the corporate identification number (CIN) and company number of Charu Steels Limited?

    The corporate identification number (CIN) of Charu Steels Limited is U27101UR1985PLC007538 and the company number is 007538 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Charu Steels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Charu Steels Limited has fallen by -36.61%.

  • How many employees does Charu Steels Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Charu Steels Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Charu Steels Limited has experienced an downturn of -19.87%.

  • When was the last Balance Sheet of Charu Steels Limited filed with the ROC?

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

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