Genext Steels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.87 Cr
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 229.38 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth -35.91%
- Profit Growth -168.60%
- Ebitda -116.51%
- Net Worth -572.77%
- Total Assets -9.19%
About Genext Steels
Genext Steels Limited (GSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 August 2008 and has a history of 16 years and five months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Genext Steels 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 5.00 Cr and a paid-up capital of Rs 2.87 Cr.
The company currently has active open charges totaling ₹229.38 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pankaj Jindal, Vinod Kedia, Rajesh Kumar, and Three other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U27106GJ2008PLC125339
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Company No.
060808
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 Aug 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Genext Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Kumar
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Managing Director | 29-Aug-2008 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Pankaj Jindal
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Director | 15-Nov-2021 | Current |
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Vinod Kedia
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Whole-Time Director | 29-Aug-2008 | Current |
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Kunj Mohan
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Director | 15-Nov-2021 | Current |
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Rahul Singh
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Director | 11-Jan-2024 | Current |
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Mahathevan Pillai
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Director | 11-Jan-2024 | Current |
Financial Performance of Genext Steels.
Genext Steels Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 35.91% decrease. The company also saw a substantial fall in profitability, with a 168.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 572.77%.
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What is the Ownership and Shareholding Structure of Genext Steels?
In 2024, Genext Steels had a promoter holding of 66.58% and a public holding of 33.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vinayak Steels LtdVinod Kedia is a mutual person
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Ravindra Tubes Private LimitedPankaj Jindal is a mutual person
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Yash Fans & Appliances LimitedRajesh Kumar is a mutual person
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Mono Steel (India) LimitedRahul Singh is a mutual person
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Hisar Metal Industries LimitedPankaj Jindal is a mutual person
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Jindal Prop Infra LlpPankaj Jindal is a mutual person
Charges (Loans)
₹229.38 Cr
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 227.92 Cr
- Axis Bank Limited : 1.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2023 | Hdfc Bank Limited | ₹3.76 M | Open |
| 20 Jan 2022 | Axis Bank Limited | ₹1.22 Cr | Open |
| 30 Sep 2021 | Axis Bank Limited | ₹2.50 M | Open |
| 09 Nov 2020 | Hdfc Bank Limited | ₹108.77 Cr | Open |
| 02 Nov 2020 | Hdfc Bank Limited | ₹118.77 Cr | Open |
How Many Employees Work at Genext Steels?
Genext Steels has a workforce of 13 employees as of Jan 09, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Genext 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 Genext 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.
