Erasteel India Private Limited

Steel trading company offering cutting tools, work materials, and technical services since 2004.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: January 12, 2025

Erasteel India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.00 M
  • Company Age 21 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.60 M
  • Revenue Growth 78.47%
  • Profit Growth 616.16%
  • Ebitda 442.14%
  • Net Worth 19.03%
  • Total Assets 52.98%

About Erasteel India

Erasteel India Private Limited (EIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 2004 and has a history of 21 years. 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 1.00 Cr and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹0.60 M.

Mala Krishnan, Seshadri Subramanian, and Cenac Frederic 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

    U51420MH2004PTC143838

  • Company No.

    143838

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Erasteel India?

Executive Team (1)

Name Designation Appointment Date Status
Seshadri Subramanian Country flag representing In Managing Director 12-Mar-2004 Current

Board Members (2)

Name Designation Appointment Date Status
Mala Krishnan Country flag representing In Director 12-Sep-2016 Current
Cenac Frederic Country flag representing Fr Additional Director 01-Apr-2022 Current

Financial Performance of Erasteel India.

Erasteel India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 78.47% increase. The company also saw a substantial improvement in profitability, with a 616.16% increase in profit. The company's net worth Soared by an impressive increase of 19.03%.

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
78.47%
Revenue from Operations
72.82%
Total Assets
52.98%
Profit or Loss
616.16%
Net Worth
19.03%
EBITDA
442.14%

What is the Ownership and Shareholding Structure of Erasteel India?

In 2022, Erasteel India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karur Vysya Bank : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2010 Karur Vysya Bank ₹0.60 M Open

How Many Employees Work at Erasteel India?

Unlock and access historical data on people associated with Erasteel India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Erasteel India, 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 Erasteel India'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 Erasteel India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Erasteel India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Cenac Francois Frederic was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Director Appointment

    Mala Krishnan was appointed as a Director was appointed as a Director on 12 Sep 2016 & has been associated with this company since 8 years 4 months .

    12 Sep 2016

  • Charges

    A charge with Karur Vysya Bank amounted to Rs. 0.06 Cr with Charge ID 10245201 was registered on 25 Sep 2010.

    25 Sep 2010

  • Director Appointment

    Seshadri Ramanan Subramanian was appointed as a Managing Director was appointed as a Managing Director on 12 Mar 2004 & has been associated with this company since 20 years 10 months .

    12 Mar 2004

Frequently asked questions

  • Erasteel India Private Limited was incorporated on 05 Jan 2004.

  • The authorized share capital of Erasteel India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Erasteel India Private Limited.

    • Mala Krishnan
    • Seshadri Ramanan Subramanian
    • Cenac Francois Frederic
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erasteel India Private Limited is 710 Swastic Chembers, Off Sion Trombay Road Chembur East India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Erasteel India Private Limited is U51420MH2004PTC143838 and the company number is 143838 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Erasteel India Private Limited is https://www.erasteel.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Erasteel India Private Limited has risen by 78.47%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Erasteel India Private Limited has experienced an upsurge of 19.03%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Erasteel India Private Limited amount to ₹ 0.60 M.

  • The most recent Balance Sheet for Erasteel India Private Limited was filed with the ROC on 31 Mar 2024.

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