Gangotri Iron & Steel Company Limited

Manufacturer of TMT bars with two units in Patna and ISO certification.

1992 | Patna, Bihar (India) | Active
Last Updated: November 16, 2024

Gangotri Iron & Steel Company Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.41 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 130.55 Cr
  • Satisfied Charges ₹ 3.76 Cr
  • Revenue Growth -47.21%
  • Profit Growth 83.24%
  • Ebitda 66.92%
  • Net Worth -0.56%
  • Total Assets -3.93%

About Gangotri Iron & Steel Company

Gangotri Iron & Steel Company Limited (GISCL) is a Public Limited Indian Non-Government Company incorporated in India on 07 December 1992 and has a history of 32 years and one month. Its registered office is in Patna, Bihar, 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 20.00 Cr and a paid-up capital of Rs 13.41 Cr.

The company currently has active open charges totaling ₹130.55 Cr. The company has closed loans amounting to ₹3.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjiv Choudhary, Ankit Choudhary, and Manju Choudhary serve as directors at the Company.

Company Details

  • Location

    Patna, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27101BR1992PLC005129

  • Company No.

    005129

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Patna

Industry

Metals and Minerals

What products or services does Gangotri Iron & Steel Company Limited offer?

Gangotri Iron & Steel Company Limited offers a wide range of products and services, including TMT Bars, TMT Steel Bars.

Who are the key members and board of directors at Gangotri Iron & Steel Company?

Executive Team (1)

Name Designation Appointment Date Status
Sanjiv Choudhary Country flag representing In Managing Director 04-Feb-1993 Current

Board Members (2)

Name Designation Appointment Date Status
Ankit Choudhary Country flag representing In Director 22-May-2012 Current
Manju Choudhary Country flag representing In Additional Director 12-Aug-2015 Current

Financial Performance of Gangotri Iron & Steel Company.

Gangotri Iron & Steel Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.21% decrease. The company also saw a substantial improvement in profitability, with a 83.24% increase in profit. The company's net worth dipped by a decrease of 0.56%.

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
-47.21%
Revenue from Operations
-71.69%
Total Assets
-3.93%
Profit or Loss
83.24%
Net Worth
-0.56%
EBITDA
66.92%

What is the Ownership and Shareholding Structure of Gangotri Iron & Steel Company?

In 2023, Gangotri Iron & Steel Company had a promoter holding of 54.66% and a public holding of 45.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹130.55 Cr

Satisfied Charges

₹3.76 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 123.72 Cr
  • Uco Bank : 6.83 Cr

Latest Charge Details

Date Lender Amount Status
20 Oct 2022 Uco Bank ₹6.83 Cr Open
22 Feb 1994 State Bank Of India ₹123.72 Cr Open
31 Aug 2013 Axis Bank Limited ₹3.76 Cr Satisfied

How Many Employees Work at Gangotri Iron & Steel Company?

Unlock and access historical data on people associated with Gangotri Iron & Steel Company, 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 Gangotri Iron & Steel Company, 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 Gangotri Iron & Steel Company'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 Gangotri Iron & Steel Company

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Gangotri Iron & Steel Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Charges

    A charge registered on 31 Aug 2013 via Charge ID 10451772 with Axis Bank Limited was fully satisfied on 06 Dec 2022.

    06 Dec 2022

  • Charges

    A charge with Uco Bank amounted to Rs. 6.83 Cr with Charge ID 100621804 was registered on 20 Oct 2022.

    20 Oct 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 3.76 Cr registered on 31 Aug 2013 with Charge ID 10451772 was modified on 22 Dec 2021.

    22 Dec 2021

  • Director Appointment

    Manju Choudhary was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2015 & has been associated with this company since 9 years 5 months .

    12 Aug 2015

Frequently asked questions

  • Gangotri Iron & Steel Company Limited was incorporated on 07 Dec 1992.

  • The authorized share capital of Gangotri Iron & Steel Company Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.41 Cr.

  • Currently 3 directors are associated with Gangotri Iron & Steel Company Limited.

    • Sanjiv Kumar Choudhary
    • Ankit Choudhary
    • Manju Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gangotri Iron & Steel Company Limited is 307 Ashiana Towersexhibition Road India, Patna, Bihar, 800001.

  • The corporate identification number (CIN) of Gangotri Iron & Steel Company Limited is L27101BR1992PLC005129 and the company number is 005129 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gangotri Iron & Steel Company Limited is https://www.giscotmt.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gangotri Iron & Steel Company Limited has fallen by -47.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gangotri Iron & Steel Company Limited has experienced an downturn of -0.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gangotri Iron & Steel Company Limited amount to ₹ 130.55 Cr.

  • The most recent Balance Sheet for Gangotri Iron & Steel Company Limited was filed with the ROC on 31 Mar 2023.

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