Genext Steels Limited

Founded in 2008 and headquartered in Gujarat, India.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Genext Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.87 Cr
  • Company Age 16 Year, 6 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 six 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106GJ2008PLC125339

  • Company No.

    060808

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Company report

Genext Steels Limited

Explore comprehensive data for Genext Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Genext Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Kumar Country flag representing In Managing Director29-Aug-2008Current

Board Members (5)

NameDesignationAppointment DateStatus
Pankaj Jindal Country flag representing In Director 15-Nov-2021Current
Vinod Kedia Country flag representing In Whole-Time Director 29-Aug-2008Current
Kunj Mohan Country flag representing In Director 15-Nov-2021Current
Rahul Singh Country flag representing In Director 11-Jan-2024Current
Mahathevan Pillai Country flag representing In Director 11-Jan-2024Current

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%.

Genext Steels revenue growth over time
Genext Steels 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
-35.91%
Revenue from Operations
-35.93%
Total Assets
-9.19%
Profit or Loss
-168.60%
Net Worth
-572.77%
EBITDA
-116.51%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹229.38 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 227.92 Cr
  • Axis Bank Limited : 1.47 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2023Hdfc Bank Limited₹3.76 MOpen
20 Jan 2022Axis Bank Limited₹1.22 CrOpen
30 Sep 2021Axis Bank Limited₹2.50 MOpen
09 Nov 2020Hdfc Bank Limited₹108.77 CrOpen
02 Nov 2020Hdfc Bank Limited₹118.77 CrOpen

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.

Employee growth trends for Genext Steels Limited

Deals i

Graph showing company valuation over time

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

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 Genext Steels

Recent activity within the organization

  • Annual General Meeting

    Genext Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Genext Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Rahul Kumar Singh was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Mahathevan Sivasubramaniam Pillai was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100730954 was registered on 24 May 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 118.77 Cr registered on 02 Nov 2020 with Charge ID 100394826 was modified on 29 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Genext Steels Limited?

    Genext Steels Limited was incorporated on 29 Aug 2008.

  • What is authorized share capital and paid-up capital of Genext Steels Limited?

    The authorized share capital of Genext Steels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.87 Cr.

  • Who are the current board members & directors of Genext Steels Limited?

    Currently 6 directors are associated with Genext Steels Limited.

    • Pankaj Jindal
    • Vinod Kedia
    • Rajesh Naredi Kumar
    • Kunj Bansal Mohan
    • Rahul Kumar Singh
    • Mahathevan Sivasubramaniam Pillai

  • What is the registered address of Genext Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Genext Steels Limited is Survey No. 661 662 664 665 1822/P 1823/P 1824/P Village- Bagodara, Ta. India, Bavla, Gujarat, 382230.

  • What is the corporate identification number (CIN) and company number of Genext Steels Limited?

    The corporate identification number (CIN) of Genext Steels Limited is U27106GJ2008PLC125339 and the company number is 060808 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Genext Steels Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Genext Steels Limited has fallen by -35.91%.

  • How many employees does Genext Steels Limited currently have?

    As Per 2024 financial reports, 13 employees are currently employed by Genext Steels Limited.

  • What change has been observed in the net worth of Genext Steels Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Genext Steels Limited has experienced an downturn of -572.77%.

  • What are the total open charges for Genext Steels Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Genext Steels Limited amount to ₹ 229.38 Cr.

  • When was the last Balance Sheet of Genext Steels Limited filed with the ROC?

    The most recent Balance Sheet for Genext Steels Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed