Dhruvdesh Metasteel Private Limited

Manufacturer of sponge iron with a 60,000 MTPA unit and 10MW captive power plant.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated:

Dhruvdesh Metasteel Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 47.58 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 84.36 Cr
  • Revenue Growth 5.36%
  • Profit Growth 34.06%
  • Ebitda -12.57%
  • Net Worth 19.23%
  • Total Assets -9.38%

About Dhruvdesh Metasteel

Dhruvdesh Metasteel Private Limited (DMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 2003 and has a history of 21 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Dhruvesh Metasteel 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 50.00 Cr and a paid-up capital of Rs 47.58 Cr.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹84.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Dhruvdesh Metasteel Private Limited India is Gurucharan Kalle as COMPANY SECRETARY. Prasad Deshpande, Raghavendra Onkar, and Thyamagondalu Ramachandrarao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02710KA2003PTC032456

  • Company No.

    032456

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Dhruvdesh Metasteel?

Executive Team (1)

NameDesignationAppointment DateStatus
Gurucharan Kalle Company Secretary03-Dec-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Prasad Deshpande Country flag representing In Director 27-Aug-2003Current
Raghavendra Onkar Country flag representing In Director 03-Aug-2020Current
Thyamagondalu Ramachandrarao Country flag representing In Director 30-Jul-2007Current

Financial Performance of Dhruvdesh Metasteel.

Dhruvdesh Metasteel Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.36% increase. The company also saw a substantial improvement in profitability, with a 34.06% increase in profit. The company's net worth Soared by an impressive increase of 19.23%.

Dhruvdesh Metasteel revenue growth over time
Dhruvdesh Metasteel 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
5.36%
Revenue from Operations
5.36%
Total Assets
-9.38%
Profit or Loss
34.06%
Net Worth
19.23%
EBITDA
-12.57%

What is the Ownership and Shareholding Structure of Dhruvdesh Metasteel?

In 2023, Dhruvdesh Metasteel had a promoter holding of 98.65% and a public holding of 1.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹84.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2022Others₹20.00 CrOpen
09 Mar 2010State Bank Of India₹69.50 CrSatisfied
13 Aug 2009The Sirsi Urban Sahakari Bank Limited₹0.65 MSatisfied
23 Sep 2005Andhra Bank₹3.00 CrSatisfied
04 Nov 2004Andhra Bank₹11.80 CrSatisfied

How Many Employees Work at Dhruvdesh Metasteel?

Dhruvdesh Metasteel has a workforce of 147 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 Dhruvdesh Metasteel Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dhruvdesh Metasteel, 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 Dhruvdesh Metasteel'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 Dhruvdesh Metasteel

Recent activity within the organization

  • Director Appointment

    Gurucharan Narendra Kalle was appointed as a Company Secretary was appointed as a Company Secretary on 03 Dec 2024 & has been associated with this company since 3 months 28 days .

  • Annual General Meeting

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

  • Balance Sheet

    Dhruvdesh Metasteel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 21 Dec 2022 with Charge ID 100657499 was modified on 11 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100657499 was registered on 21 Dec 2022.

  • Charges

    A charge registered on 09 Mar 2010 via Charge ID 10210899 with State Bank Of India was fully satisfied on 16 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Dhruvdesh Metasteel Private Limited?

    Dhruvdesh Metasteel Private Limited was incorporated on 27 Aug 2003.

  • What is authorized share capital and paid-up capital of Dhruvdesh Metasteel Private Limited?

    The authorized share capital of Dhruvdesh Metasteel Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 47.58 Cr.

  • Who are the current board members & directors of Dhruvdesh Metasteel Private Limited?

    Currently 4 directors are associated with Dhruvdesh Metasteel Private Limited.

    • Prasad Raghunath Deshpande
    • Gurucharan Narendra Kalle
    • Raghavendra Vithalarao Onkar
    • Thyamagondalu Ramakrishnaiah Ramachandrarao

  • What is the registered address of Dhruvdesh Metasteel Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Dhruvdesh Metasteel Private Limited is 1St Floor No.372 Nilaya Opp R T Nagar Police Station, Main Road India, Bangalore, Karnataka, 560032.

  • What is the corporate identification number (CIN) and company number of Dhruvdesh Metasteel Private Limited?

    The corporate identification number (CIN) of Dhruvdesh Metasteel Private Limited is U02710KA2003PTC032456 and the company number is 032456 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Dhruvdesh Metasteel Private Limited?

    The Official website of Dhruvdesh Metasteel Private Limited is https://www.dhruvdeshmetasteel.com

  • What has been the recent revenue trend for Dhruvdesh Metasteel Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Dhruvdesh Metasteel Private Limited has risen by 5.36%.

  • How many employees does Dhruvdesh Metasteel Private Limited currently have?

    As Per 2023 financial reports, 147 employees are currently employed by Dhruvdesh Metasteel Private Limited.

  • What change has been observed in the net worth of Dhruvdesh Metasteel Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Dhruvdesh Metasteel Private Limited has experienced an upsurge of 19.23%.

  • What are the total open charges for Dhruvdesh Metasteel Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Dhruvdesh Metasteel Private Limited amount to ₹ 20.00 Cr.

  • When was the last Balance Sheet of Dhruvdesh Metasteel Private Limited filed with the ROC?

    The most recent Balance Sheet for Dhruvdesh Metasteel Private Limited was filed with the ROC on 31 Mar 2024.

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