Fairdeal Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 7.11 M
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.40 Cr
- Satisfied Charges ₹ 10.19 Cr
- Revenue Growth -9.78%
- Profit Growth -0.08%
- Ebitda -6.42%
- Net Worth 6.24%
- Total Assets -5.43%
About Fairdeal Steels
Fairdeal Steels Private Limited (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 April 1995 and has a history of 29 years and nine months. Its registered office is in Jalandhar, Punjab, 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 3.00 Cr and a paid-up capital of Rs 7.11 M.
The company currently has active open charges totaling ₹23.40 Cr. The company has closed loans amounting to ₹10.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahavir Garg, Manish Garg, and Ashish Garg serve as directors at the Company.
Company Details
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Location
Jalandhar, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27310PB1995PTC016165
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Company No.
016165
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Apr 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Fairdeal Steels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahavir Garg
|
Whole-Time Director | 04-Apr-1995 | Current |
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Manish Garg
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Whole-Time Director | 29-Jul-2009 | Current |
|
Ashish Garg
|
Whole-Time Director | 30-Sep-2013 | Current |
Financial Performance of Fairdeal Steels.
Fairdeal Steels Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.78% decrease. The company also saw a slight decrease in profitability, with a 0.08% decrease in profit. The company's net worth moved up by a moderate rise of 6.24%.
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What is the Ownership and Shareholding Structure of Fairdeal Steels?
In 2023, Fairdeal Steels had a promoter holding of 72.62% and a public holding of 27.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹23.40 Cr
₹10.19 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 13.00 Cr
- Others : 10.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2019 | Standard Chartered Bank | ₹13.00 Cr | Open |
| 19 Nov 2018 | Others | ₹2.50 Cr | Open |
| 27 Sep 1996 | Others | ₹7.90 Cr | Open |
| 08 Aug 2019 | Standard Chartered Bank | ₹10.00 Cr | Satisfied |
| 22 Mar 2006 | Punjab National Bank | ₹0.89 M | Satisfied |
How Many Employees Work at Fairdeal Steels?
Unlock and access historical data on people associated with Fairdeal Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fairdeal Steels, 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 Fairdeal Steels's trajectory.
Rating
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
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.
