Ethics Steel Private Limited

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

1990 | Surat, Gujarat (India) | Active
Last Updated:

Ethics Steel Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.82 M
  • Company Age 35 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • 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 35 years. Its registered office is in Surat, 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 2024. 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.

Rajendrakumar Asodaria, Bipinbhai Kevadiya, Chiragbhai Lakhani, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Board Members (4)

NameDesignationAppointment DateStatus
Rajendrakumar Asodaria Country flag representing In Director 22-May-2013Current
Bipinbhai Kevadiya Country flag representing In Director 19-Apr-2024Current
Chiragbhai Lakhani Country flag representing In Director 19-Apr-2024Current
Rohit Pansara Country flag representing In Director 19-Apr-2024Current

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%.

Ethics Steel revenue growth over time
Ethics Steel 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

DateLenderAmountStatus
29 Jul 2011Others₹2.81 CrOpen
05 Mar 2014Dena Bank₹5.50 MSatisfied
28 Jan 1998Union Bank Of India₹0.40 MSatisfied
15 Aug 1993Union Bank Of India₹0.60 MSatisfied
06 Apr 1992Union Bank Of India₹0.40 MSatisfied

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.

Employee growth trends for Ethics Steel Private Limited

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 2024 as per latest MCA records.

  • Director Appointment

    Bipinbhai Ishwarbhai Kevadiya was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 20 days .

  • Director Appointment

    Chiragbhai Trikambhai Lakhani was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 20 days .

  • Director Appointment

    Rohit V Pansara was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 20 days .

  • Balance Sheet

    Ethics Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • 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.

Frequently asked questions

  • What is the Incorporation or founding date of Ethics Steel Private Limited?

    Ethics Steel Private Limited was incorporated on 22 Feb 1990.

  • What is authorized share capital and paid-up capital of Ethics Steel Private Limited?

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

  • Who are the current board members & directors of Ethics Steel Private Limited?

    Currently 4 directors are associated with Ethics Steel Private Limited.

    • Rajendrakumar Vallabhbhai Asodaria
    • Bipinbhai Ishwarbhai Kevadiya
    • Chiragbhai Trikambhai Lakhani
    • Rohit V Pansara
  • What is the registered address of Ethics Steel Private Limited?

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

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

    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).

  • What is the official website of Ethics Steel Private Limited?

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

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

    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%.

  • What are the total open charges for Ethics Steel Private Limited?

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

  • When was the last Balance Sheet of Ethics Steel Private Limited filed with the ROC?

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

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