Ethics Steel Private Limited

Trading company specializing in alloy steel materials, established in 1990 in Gujarat.

1990 | Pipodara, Gujarat (India) | Active
Last Updated: June 24, 2024

Ethics Steel Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.82 M
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.81 Cr
  • Satisfied Charges ₹ 6.90 M
  • Revenue Growth %
  • Profit Growth -21.66%
  • Ebitda -83.94%
  • Net Worth -5.79%
  • Total Assets 18.13%

About Ethics Steel

Ethics Steel Private Limited (ESPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 1990 and has a history of 34 years and 11 months. Its registered office is in Pipodara, Gujarat, India.

The Corporate was formerly known as Jai Hanuman Texturising 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.82 M.

The company currently has active open charges totaling ₹2.81 Cr. The company has closed loans amounting to ₹6.90 M, as per Ministry of Corporate Affairs (MCA) records.

Ghanshyambhai Kevadiya and Rajendrakumar Asodaria serve as directors at the Company.

Company Details

  • Location

    Pipodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29219GJ1990PTC013404

  • Company No.

    013404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Executive Team (2)

Name Designation Appointment Date Status
Ghanshyambhai Kevadiya Country flag representing In Managing Director 10-Dec-2012 Current
Rajendrakumar Asodaria Country flag representing In Managing Director 22-May-2013 Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Ethics Steel.

Ethics Steel Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 21.66% decrease in profit. The company's net worth dipped by a decrease of 5.79%.

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
Revenue from Operations
Total Assets
18.13%
Profit or Loss
-21.66%
Net Worth
-5.79%
EBITDA
-83.94%

What is the Ownership and Shareholding Structure of Ethics Steel?

In 2023, Ethics 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)

Open Charges

₹28.05 M

Satisfied Charges

₹6.90 M

Charges Breakdown by Lending Institutions

  • Others : 2.81 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2011 Others ₹2.81 Cr Open
05 Mar 2014 Dena Bank ₹5.50 M Satisfied
28 Jan 1998 Union Bank Of India ₹0.40 M Satisfied
15 Aug 1993 Union Bank Of India ₹0.60 M Satisfied
06 Apr 1992 Union Bank Of India ₹0.40 M Satisfied

How Many Employees Work at Ethics Steel?

Unlock and access historical data on people associated with Ethics Steel, 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 Ethics 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 Ethics 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 Ethics Steel

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ethics Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 28.05 M registered on 29 Jul 2011 with Charge ID 10299737 was modified on 31 Dec 2021.

    31 Dec 2021

  • Charges

    A charge registered on 05 Mar 2014 via Charge ID 10481984 with Dena Bank was fully satisfied on 17 Jun 2019.

    17 Jun 2019

  • Charges

    A charge with Dena Bank amounted to Rs. 5.50 M with Charge ID 10481984 was registered on 05 Mar 2014.

    05 Mar 2014

  • Director Appointment

    Rajendrakumar Vallabhbhai Asodaria was appointed as a Managing Director was appointed as a Managing Director on 22 May 2013 & has been associated with this company since 11 years 8 months .

    22 May 2013

Frequently asked questions

  • Ethics Steel Private Limited was incorporated on 22 Feb 1990.

  • The authorized share capital of Ethics Steel Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.82 M.

  • Currently 2 directors are associated with Ethics Steel Private Limited.

    • Ghanshyambhai Ishvarbhai Kevadiya
    • Rajendrakumar Vallabhbhai Asodaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ethics Steel Private Limited is Block No. 48 Plot No. K1-K2 Tempogali Pipodara - Gidc, Gujarat, India, 394110.

  • The corporate identification number (CIN) of Ethics Steel Private Limited is U29219GJ1990PTC013404 and the company number is 013404 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ethics Steel Private Limited is https://www.ethicsgroups.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ethics Steel Private Limited has experienced an downturn of -5.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ethics Steel Private Limited amount to ₹ 2.81 Cr.

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

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