Fairdeal Steels Private Limited logo

Fairdeal Steels Private Limited

Trading hot rolled coils, sheets, and plates from Tata Steels Ltd for tube, automobile, and re-roller manufacturers.

1995 Jalandhar, Punjab (India) Active

About

Basic Data Updated:

10 days ago

The business of trading hot rolled coils, sheets and plates is carried out by Fairdeal Steels Private Limited. The company has been authorized by Tata Steels Ltd (TSL) and its renowned brand ‘Tata Astrum’, as stated in a credit rating report. FSPL caters to various industries such as tube manufacturers, automobile manufacturers and re-rollers. The Ludhiana steel market is home to 2 godowns owned by the company. Rakesh Garg and Mahavir Garg are the promoters of FSPL. The products sold to customers are directly sourced from TSL, ensuring high quality and authenticity. To ensure a steady supply, the company enters into an agreement with TSL at the beginning of each financial year. FSPL was incorporated in 1995 and its registered office is located in Jalandhar, Punjab.

Industry

Company Details

  • Location

    Jalandhar, Punjab, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU27310PB1995PTC016165
Company No.016165
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date04 Apr 1995
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Financials of Fairdeal Steels Private Limited

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Fairdeal Steels Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 8.22% decrease. The company also saw a substantial fall in profitability, with a 47.96% decrease in profit. The company's net worth moved up by a moderate rise of 6.58%.

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Corporate Structure

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People in Fairdeal Steels Private Limited

Board Members(3)

  • Ashish Garg In Whole-Time Director

    Appointment Date: 30-09-2013

    Status: Current

  • Manish Garg In Whole-Time Director

    Appointment Date: 29-07-2009

    Status: Current

  • Mahavir Garg In Whole-Time Director

    Appointment Date: 04-04-1995

    Status: Current

Charges (Loans)

Open Charges Satisfied Charges

₹28.40 cr

₹10.19 cr

LenderAmountStatus

Standard Chartered Bank

Creation Date: 08 Aug 2019
₹13.00 CrOpen

Tata Capital Financial Services Limited

Creation Date: 19 Nov 2018
₹7.50 CrOpen

Others

Creation Date: 27 Sep 1996
₹7.90 CrOpen

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

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

    30 Sep 2023
  • Activity

    Balance Sheet

    Fairdeal Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023
  • Activity

    Charges

    A charge with Tata Capital Financial Services Limited of Rs. 7.50 cr registered on 19 Nov 2018 with Charge ID 100218147 was modified on 15 Feb 2023.

    15 Feb 2023
  • Activity

    Charges

    A charge with Others of Rs. 7.90 cr registered on 27 Sep 1996 with Charge ID 90177726 was modified on 19 Jan 2023.

    19 Jan 2023
  • Activity

    Charges

    A charge registered on 08 Aug 2019 via Charge ID 100282534 with Standard Chartered Bank was fully satisfied on 21 Dec 2022.

    21 Dec 2022

Frequently asked questions

What is the Incorporation or founding date of Fairdeal Steels Private Limited?

Fairdeal Steels Private Limited was incorporated 29 years 29 days ago on 04 Apr 1995 with Registrar of Companies Roc Chandigarh.

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