Connect Steel Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.75 Cr
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 96.51 Cr
- Satisfied Charges ₹ 38.75 Cr
- Revenue Growth 34.32%
- Profit Growth 62.98%
- Ebitda 61.83%
- Net Worth 58.23%
- Total Assets 52.93%
About Connect Steel
Connect Steel Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2011 and has a history of 13 years and six months. Its registered office is in Mumbai, Maharashtra, India.
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 3.75 Cr.
The company currently has active open charges totaling ₹96.51 Cr. The company has closed loans amounting to ₹38.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashutosh Singh and Deo Kumar serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U28112MH2011PTC220877
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Company No.
220877
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 2011
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Date of AGM
30 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
Who are the key members and board of directors at Connect Steel?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashutosh Singh
|
Director | 11-Aug-2011 | Current |
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Deo Kumar
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Director | 11-Aug-2011 | Current |
Financial Performance of Connect Steel.
Connect Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.32% increase. The company also saw a substantial improvement in profitability, with a 62.98% increase in profit. The company's net worth Soared by an impressive increase of 58.23%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Connect Steel?
In 2023, Connect Steel had a promoter holding of 100.00%. The company had 1 Associate company. 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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Convergence Steel Private LimitedAshutosh Singh is a mutual person
Charges (Loans)
₹96.51 Cr
₹38.75 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 78.51 Cr
- Standard Chartered Bank : 15.00 Cr
- Tata Capital Financial Services Limited : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2024 | Standard Chartered Bank | ₹15.00 Cr | Open |
| 19 May 2023 | Hdfc Bank Limited | ₹21.85 Cr | Open |
| 28 Mar 2023 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 22 Jun 2022 | Hdfc Bank Limited | ₹2.00 M | Open |
| 29 Dec 2021 | Hdfc Bank Limited | ₹2.50 M | Open |
How Many Employees Work at Connect Steel?
Connect Steel has a workforce of 10 employees as of Apr 04, 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 Connect 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 Connect 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.