Essar Steel Limited

Extracts and processes various minerals and metals, including iron ore and bauxite.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Essar Steel Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 154.78%
  • Profit Growth -6894.45%
  • Ebitda -2724.37%
  • Net Worth -28714.85%
  • Total Assets -6.12%

About Essar Steel

Essar Steel Limited (ESL) is a Public Limited Indian Non-Government Company incorporated in India on 07 August 2020 (Four years and six months 18 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Rajkumar Sukhdevsinhji, Ketan Kantibhai, and Mukesh Mohanlal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    essarservices.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320MH2020PLC343449

  • Company No.

    343449

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajkumar Sukhdevsinhji Country flag representing In Additional Director 21-Sep-2023Current
Ketan Kantibhai Country flag representing In Director 29-Jun-2023Current
Mukesh Mohanlal Country flag representing In Additional Director 21-Sep-2023Current

Financial Performance of Essar Steel.

Essar Steel Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 154.78% increase. The company also saw a substantial fall in profitability, with a 6894.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28714.85%.

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
154.78%
Revenue from Operations
Total Assets
-6.12%
Profit or Loss
-6894.45%
Net Worth
-28714.85%
EBITDA
-2724.37%

What is the Ownership and Shareholding Structure of Essar Steel?

In 2022, Essar Steel 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Essar Steel?

Essar Steel has a workforce of 17 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Essar 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 Essar Steel'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 Essar Steel

Recent activity within the organization

  • Annual General Meeting

    Essar Steel Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Rajkumar Sukhdevsinhji was appointed as a Additional Director was appointed as a Additional Director on 21 Sep 2023 & has been associated with this company since 1 year 5 months .

    21 Sep 2023

  • Director Appointment

    Mukesh Jain Mohanlal was appointed as a Additional Director was appointed as a Additional Director on 21 Sep 2023 & has been associated with this company since 1 year 5 months .

    21 Sep 2023

  • Director Appointment

    Ketan Shah Kantibhai was appointed as a Director was appointed as a Director on 29 Jun 2023 & has been associated with this company since 1 year 7 months .

    29 Jun 2023

  • Balance Sheet

    Essar Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Company Incorporation

    Essar Steel Limited was registered on 07 Aug 2020 with Roc Mumbai & aged 4 years 6 months as per MCA records.

    07 Aug 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Essar Steel Limited was incorporated on 07 Aug 2020.

  • The authorized share capital of Essar Steel Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Essar Steel Limited.

    • Rajkumar Sukhdevsinhji
    • Ketan Shah Kantibhai
    • Mukesh Jain Mohanlal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essar Steel Limited is Essar House 11 K.K. Marg, Mahalaxmi India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Essar Steel Limited is U27320MH2020PLC343449 and the company number is 343449 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essar Steel Limited is https://www.essarservices.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Essar Steel Limited has risen by 154.78%.

  • As Per 2022 financial reports, 17 employees are currently employed by Essar Steel Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Essar Steel Limited has experienced an downturn of -28714.85%.

  • The most recent Balance Sheet for Essar Steel Limited was filed with the ROC on 31 Mar 2023.

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