Drolia Electrosteels Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 122.64 Cr
- Satisfied Charges ₹ 3.94 Cr
- Revenue Growth 39.03%
- Profit Growth 84.41%
- Ebitda 22.76%
- Net Worth 4.28%
- Total Assets -10.81%
About Drolia Electrosteels
Drolia Electrosteels Private Limited (DEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 1995 and has a history of 29 years and ten 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 5.50 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹122.64 Cr. The company has closed loans amounting to ₹3.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
Din Drolia, Raj Drolia, Shital Agarwal, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100MH1995PTC146362
- Company No.
146362
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jun 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Drolia Electrosteels Private Limited
Explore comprehensive data for Drolia Electrosteels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Drolia Electrosteels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Drolia  | Managing Director | 22-Jun-1995 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Din Drolia | Director | 22-Jun-1995 | Current |
| Raj Drolia | Director | 26-Mar-2007 | Current |
| Shital Agarwal | Director | 01-Jul-2004 | Current |
| Anand Choudhary | Director | 01-Jul-2004 | Current |
Financial Performance of Drolia Electrosteels.
Drolia Electrosteels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.03% increase. The company also saw a substantial improvement in profitability, with a 84.41% increase in profit. The company's net worth moved up by a moderate rise of 4.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Drolia Electrosteels?
In 2023, Drolia Electrosteels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Drolia Mineral Industries Private Limited.
Din Drolia and Rajiv Drolia are mutual person
- C.G. Sponge Manufacturers Consortium Coa L Fields Llp
Rajiv Drolia is a mutual person
- Om Flour Mills Private Limited
Rajiv Drolia is a mutual person
- Divya Dyeing And Exports Private Limited
Rajiv Drolia is a mutual person
Charges (Loans)
Open Charges
₹122.64 Cr
Satisfied Charges
₹3.94 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 122.16 Cr
- Hdfc Bank Limited : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Hdfc Bank Limited | ₹3.50 M | Open |
| 16 Jul 2024 | Hdfc Bank Limited | ₹0.50 M | Open |
| 23 Jan 2024 | Hdfc Bank Limited | ₹0.81 M | Open |
| 07 Mar 2022 | State Bank Of India | ₹7.60 Cr | Open |
| 08 Feb 2021 | State Bank Of India | ₹13.67 Cr | Open |
How Many Employees Work at Drolia Electrosteels?
Unlock and access historical data on people associated with Drolia Electrosteels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Drolia Electrosteels, 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 Drolia Electrosteels'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.
Latest Updates, News, and FAQs on Drolia Electrosteels
Recent activity within the organization
- Annual General Meeting
Drolia Electrosteels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100962833 was registered on 29 Jul 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100956819 was registered on 16 Jul 2024.
- Charges
A charge with State Bank Of India of Rs. 100.89 Cr registered on 30 Dec 2003 with Charge ID 80004726 was modified on 13 May 2024.
- Balance Sheet
Drolia Electrosteels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100912295 was registered on 23 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Drolia Electrosteels Private Limited?
Drolia Electrosteels Private Limited was incorporated on 22 Jun 1995.
What is authorized share capital and paid-up capital of Drolia Electrosteels Private Limited?
The authorized share capital of Drolia Electrosteels Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Drolia Electrosteels Private Limited?
Currently 5 directors are associated with Drolia Electrosteels Private Limited.
- Din Dayal Drolia
- Raj Basudeo Drolia
- Shital Agarwal
- Rajiv Drolia
- Anand Choudhary
What is the registered address of Drolia Electrosteels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Drolia Electrosteels Private Limited is 620 Maker Chambersnariman Point India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of Drolia Electrosteels Private Limited?
The corporate identification number (CIN) of Drolia Electrosteels Private Limited is U27100MH1995PTC146362 and the company number is 146362 as per Ministry of Corporate Affairs (MCA).
What is the official website of Drolia Electrosteels Private Limited?
The Official website of Drolia Electrosteels Private Limited is https://www.drolia.com
What has been the recent revenue trend for Drolia Electrosteels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Drolia Electrosteels Private Limited has risen by 39.03%.
What change has been observed in the net worth of Drolia Electrosteels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Drolia Electrosteels Private Limited has experienced an upsurge of 4.28%.
What are the total open charges for Drolia Electrosteels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Drolia Electrosteels Private Limited amount to ₹ 122.64 Cr.
When was the last Balance Sheet of Drolia Electrosteels Private Limited filed with the ROC?
The most recent Balance Sheet for Drolia Electrosteels Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
PD
Pushpa DroliaDirector
Similar Companies Based on Steel Manufacturing & Processing
Rashtriya Ispat Nigam Ltd Visakhapatnam, Andhra Pradesh, India
Posco Maharashtra Steel Private Limited Raigarh, Maharashtra, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Jsw Steel Limited Mumbai, Maharashtra, India
Apl Apollo Tubes Limited Delhi, India
Jindal Stainless Limited Hisar, Haryana, India
Jsw Steel Coated Products Limited Mumbai, Maharashtra, India
Arcelormittal Nippon Steel India Limited Surat, Gujarat, India