Gaurang Alloys & Iron Limited

Produces SiMn for steel industry, deals in alloy steels, ferroalloys, and other metals.

2003 | 24 Parganas, West Bengal (India) | Active
Last Updated: December 10, 2024

Gaurang Alloys & Iron Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.38 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.13 Cr
  • Satisfied Charges ₹ 25.35 Cr
  • Revenue Growth -99.63%
  • Profit Growth 65.10%
  • Ebitda -125.54%
  • Net Worth -4.10%
  • Total Assets -3.19%

About Gaurang Alloys & Iron

Gaurang Alloys & Iron Limited (GAIL) is a Public Limited Indian Non-Government Company incorporated in India on 26 May 2003 and has a history of 21 years and eight months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Gaurang Sponge And Iron 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 2.50 Cr and a paid-up capital of Rs 2.38 Cr.

The company currently has active open charges totaling ₹1.13 Cr. The company has closed loans amounting to ₹25.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Agarwal, Amar Agarwal, and Harshvardhan Agarwal serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991WB2003PLC096267

  • Company No.

    096267

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Gaurang Alloys & Iron?

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Agarwal Country flag representing In Director 15-Apr-2021Current
Amar Agarwal Country flag representing In Director 15-Apr-2021Current
Harshvardhan Agarwal Country flag representing In Director 15-Sep-2021Current

Financial Performance of Gaurang Alloys & Iron.

Gaurang Alloys & Iron Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.63% decrease. The company also saw a substantial improvement in profitability, with a 65.1% increase in profit. The company's net worth dipped by a decrease of 4.1%.

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
-99.63%
Revenue from Operations
-99.72%
Total Assets
-3.19%
Profit or Loss
65.10%
Net Worth
-4.10%
EBITDA
-125.54%

What is the Ownership and Shareholding Structure of Gaurang Alloys & Iron?

In 2021, Gaurang Alloys & Iron had a promoter holding of 83.51% and a public holding of 16.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.13 Cr

Satisfied Charges

₹25.35 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 0.96 Cr
  • Icici Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2011Kotak Mahindra Bank Limited₹6.12 MOpen
03 May 2011Kotak Mahindra Bank Limited₹3.50 MOpen
03 Jul 2008Icici Bank Limited₹1.67 MOpen
16 May 2011Punjab National Bank₹1.18 CrSatisfied
25 Feb 2011Punjab National Bank₹15.92 CrSatisfied

How Many Employees Work at Gaurang Alloys & Iron?

Unlock and access historical data on people associated with Gaurang Alloys & Iron, 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 Gaurang Alloys & Iron, 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 Gaurang Alloys & Iron'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 Gaurang Alloys & Iron

Recent activity within the organization

  • Annual General Meeting

    Gaurang Alloys & Iron Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Gaurang Alloys & Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Harshvardhan Agarwal was appointed as a Director was appointed as a Director on 15 Sep 2021 & has been associated with this company since 3 years 5 months .

    15 Sep 2021

  • Charges

    A charge registered on 16 May 2011 via Charge ID 10286418 with Punjab National Bank was fully satisfied on 02 Jun 2021.

    02 Jun 2021

  • Director Appointment

    Rajesh Agarwal was appointed as a Director was appointed as a Director on 15 Apr 2021 & has been associated with this company since 3 years 10 months .

    15 Apr 2021

  • Director Appointment

    Amar Kumar Agarwal was appointed as a Director was appointed as a Director on 15 Apr 2021 & has been associated with this company since 3 years 10 months .

    15 Apr 2021

Frequently asked questions

  • Gaurang Alloys & Iron Limited was incorporated on 26 May 2003.

  • The authorized share capital of Gaurang Alloys & Iron Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.38 Cr.

  • Currently 3 directors are associated with Gaurang Alloys & Iron Limited.

    • Rajesh Agarwal
    • Amar Kumar Agarwal
    • Harshvardhan Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gaurang Alloys & Iron Limited is F-3 Block Gp Sector V, Salt Lake City India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Gaurang Alloys & Iron Limited is U28991WB2003PLC096267 and the company number is 096267 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Gaurang Alloys & Iron Limited has fallen by -99.63%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Gaurang Alloys & Iron Limited has experienced an downturn of -4.10%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Gaurang Alloys & Iron Limited amount to ₹ 1.13 Cr.

  • The most recent Balance Sheet for Gaurang Alloys & Iron Limited was filed with the ROC on 31 Mar 2024.

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