Corona Steel Industry Private Limited

Manufacturer of steel accessories for road and construction industries, exporting to North America and Europe.

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

Corona Steel Industry Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.15 Cr
  • Company Age 47 Year, 29 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.44 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -38.67%
  • Profit Growth -86.39%
  • Ebitda -61.17%
  • Net Worth 121.85%
  • Total Assets -31.55%

About Corona Steel Industry

Corona Steel Industry Private Limited (CSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 April 1978 and has a history of 47 years. Its registered office is in Kolkata, West Bengal, 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 3.00 Cr and a paid-up capital of Rs 2.15 Cr.

The company currently has active open charges totaling ₹12.44 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arun Garodia, Savita Garodia, and Aditya Garodia 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

    U67120WB1978PTC031440

  • Company No.

    031440

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Apr 1978

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Corona Steel Industry Private Limited offer?

Corona Steel Industry Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Stainless Steel Bars, Cables & Wiring Components, Power Insulator, Metal & Metal Made Products, Metal Products, Anchor Fasteners, Earth Anchor, Metal Stake, Alloy, Metal and Machine Washers.

Company report

Corona Steel Industry Private Limited

Explore comprehensive data for Corona Steel Industry Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Corona Steel Industry?

Executive Team (1)

NameDesignationAppointment DateStatus
Arun Garodia Country flag representing In Managing Director14-Apr-1978Current

Board Members (2)

NameDesignationAppointment DateStatus
Savita Garodia Country flag representing In Director 08-Sep-1989Current
Aditya Garodia Country flag representing In Director 19-Nov-2007Current

Financial Performance of Corona Steel Industry.

Corona Steel Industry Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.67% decrease. The company also saw a substantial fall in profitability, with a 86.39% decrease in profit. The company's net worth Soared by an impressive increase of 121.85%.

Corona Steel Industry revenue growth over time
Corona Steel Industry 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
-38.67%
Revenue from Operations
-29.92%
Total Assets
-31.55%
Profit or Loss
-86.39%
Net Worth
121.85%
EBITDA
-61.17%

What is the Ownership and Shareholding Structure of Corona Steel Industry?

In 2023, Corona Steel Industry had a promoter holding of 99.37% and a public holding of 0.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.44 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.44 Cr
  • Sidbi : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Dec 2024Sidbi₹1.00 CrOpen
06 Sep 2007State Bank Of India₹5.72 CrOpen
05 Sep 2007State Bank Of India₹5.72 CrOpen
01 Oct 1993Icici Bank Limited₹4.00 CrSatisfied

How Many Employees Work at Corona Steel Industry?

Corona Steel Industry has a workforce of 16 employees as of Apr 09, 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 Corona Steel Industry Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Corona Steel Industry, 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 Corona Steel Industry'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 Corona Steel Industry

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 101011249 was registered on 06 Dec 2024.

  • Annual General Meeting

    Corona Steel Industry Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Corona Steel Industry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with State Bank Of India of Rs. 5.72 Cr registered on 06 Sep 2007 with Charge ID 10072241 was modified on 07 Mar 2024.

  • Charges

    A charge with State Bank Of India of Rs. 5.72 Cr registered on 05 Sep 2007 with Charge ID 10072244 was modified on 07 Mar 2024.

  • Charges

    A charge registered on 01 Oct 1993 via Charge ID 90345514 with Icici Bank Limited was fully satisfied on 13 Jun 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Corona Steel Industry Private Limited?

    Corona Steel Industry Private Limited was incorporated on 14 Apr 1978.

  • What is authorized share capital and paid-up capital of Corona Steel Industry Private Limited?

    The authorized share capital of Corona Steel Industry Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.15 Cr.

  • Who are the current board members & directors of Corona Steel Industry Private Limited?

    Currently 3 directors are associated with Corona Steel Industry Private Limited.

    • Arun Kumar Garodia
    • Savita Garodia
    • Aditya Garodia
  • What is the registered address of Corona Steel Industry Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Corona Steel Industry Private Limited is P34 India Exchange Place, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Corona Steel Industry Private Limited?

    The corporate identification number (CIN) of Corona Steel Industry Private Limited is U67120WB1978PTC031440 and the company number is 031440 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Corona Steel Industry Private Limited?

    The Official website of Corona Steel Industry Private Limited is https://www.coronaind.com

  • What has been the recent revenue trend for Corona Steel Industry Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Corona Steel Industry Private Limited has fallen by -38.67%.

  • How many employees does Corona Steel Industry Private Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Corona Steel Industry Private Limited.

  • What change has been observed in the net worth of Corona Steel Industry Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Corona Steel Industry Private Limited has experienced an upsurge of 121.85%.

  • What are the total open charges for Corona Steel Industry Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Corona Steel Industry Private Limited amount to ₹ 12.44 Cr.

  • When was the last Balance Sheet of Corona Steel Industry Private Limited filed with the ROC?

    The most recent Balance Sheet for Corona Steel Industry Private Limited was filed with the ROC on 31 Mar 2024.

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