Classic Steels Pvt Ltd

Specializing in manufacturing high-quality cold heading wires and bars for bearing and engineering industries.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: December 22, 2024

Classic Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.39 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.12 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -97.05%
  • Profit Growth -125.41%
  • Ebitda -190.25%
  • Net Worth -16.10%
  • Total Assets -12.33%

About Classic Steels

Classic Steels Pvt Ltd (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 September 1995 and has a history of 29 years and five months. Its registered office is in Kolkata, West Bengal, India.

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 2.50 M and a paid-up capital of Rs 1.39 M.

The company currently has active open charges totaling ₹13.12 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhishake Rungta and Aarti Aggarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    classicsteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB1995PTC074331

  • Company No.

    074331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 1995

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Classic Steels Pvt Ltd offer?

Classic Steels Pvt Ltd offers a wide range of products and services, including Nails, Fasteners, Rivets & Shackles, Threaded Fastener, Metal and Alloy Wires, Welding Wires, Ball Bearing Assemblies & Components, Bearing Parts, Steel Wire, Carding Machine Spare Parts, Spring Steel Wire, Wires.

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

Board Members (2)

NameDesignationAppointment DateStatus
Abhishake Rungta Country flag representing In Director 06-Jun-1996Current
Aarti Aggarwal Country flag representing In Director 20-Dec-2003Current

Financial Performance of Classic Steels.

Classic Steels Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.05% decrease. The company also saw a substantial fall in profitability, with a 125.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.1%.

Graph illustrating revenue growth over time
Graph showing 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
-97.05%
Revenue from Operations
-100.00%
Total Assets
-12.33%
Profit or Loss
-125.41%
Net Worth
-16.10%
EBITDA
-190.25%

What is the Ownership and Shareholding Structure of Classic Steels?

Unlock access to Classic Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹131.20 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Citibank N.A : 8.65 Cr
  • Citi Bank N.A. : 4.47 Cr

Latest Charge Details

DateLenderAmountStatus
11 May 2018Citi Bank N.A.₹6.50 MOpen
10 May 2005Citibank N.A₹8.65 CrOpen
12 Jul 2004Citi Bank N.A.₹3.82 CrOpen
28 Dec 2020Hdfc Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Classic Steels?

Classic Steels has a workforce of 2 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Classic 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 Classic 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 Classic Steels

Recent activity within the organization

  • Annual General Meeting

    Classic Steels Pvt Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Classic Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 28 Dec 2020 via Charge ID 100408213 with Hdfc Bank Limited was fully satisfied on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100408213 was registered on 28 Dec 2020.

    28 Dec 2020

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 6.50 M with Charge ID 100179367 was registered on 11 May 2018.

    11 May 2018

  • Charges

    A charge with Citibank N.A of Rs. 86.50 M registered on 10 May 2005 with Charge ID 90247537 was modified on 27 Mar 2007.

    27 Mar 2007

Frequently asked questions

  • Classic Steels Pvt Ltd was incorporated on 18 Sep 1995.

  • The authorized share capital of Classic Steels Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.39 M.

  • Currently 2 directors are associated with Classic Steels Pvt Ltd.

    • Abhishake Rungta
    • Aarti B Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Classic Steels Pvt Ltd is Haute Street 86A Topsia Road South Unit No. 407 4Th Floor, India, Kolkata, West Bengal, 700046.

  • The corporate identification number (CIN) of Classic Steels Pvt Ltd is U27109WB1995PTC074331 and the company number is 074331 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Classic Steels Pvt Ltd is https://www.classicsteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Classic Steels Pvt Ltd has fallen by -97.05%.

  • As Per 2023 financial reports, 2 employees are currently employed by Classic Steels Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Classic Steels Pvt Ltd has experienced an downturn of -16.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Classic Steels Pvt Ltd amount to ₹ 13.12 Cr.

  • The most recent Balance Sheet for Classic Steels Pvt Ltd was filed with the ROC on 31 Mar 2024.

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