Gilco Steels Limited

Fabricates and processes ferrous and non-ferrous metals for industrial and non-industrial purposes.

2008 | Chandigarh (India) | Active
Last Updated:

Gilco Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 41.17 Cr
  • Revenue Growth 22.90%
  • Profit Growth 20.47%
  • Ebitda 65.52%
  • Net Worth -7.53%
  • Total Assets -7.98%

About Gilco Steels

Gilco Steels Limited (GSL) is a Public Limited Indian Non-Government Company incorporated in India on 29 October 2008 and has a history of 16 years and four months. Its registered office is in Chandigarh, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 5.25 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹41.17 Cr.

Saral Gill, Surinder Gill, and Ramesh Walia serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gilcosteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107CH2008PLC031407

  • Company No.

    031407

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2008

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Engineering

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

Financial Performance of Gilco Steels.

Gilco Steels Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 22.9% increase. The company also saw a substantial improvement in profitability, with a 20.47% increase in profit. The company's net worth dipped by a decrease of 7.53%.

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
22.90%
Revenue from Operations
Total Assets
-7.98%
Profit or Loss
20.47%
Net Worth
-7.53%
EBITDA
65.52%

What is the Ownership and Shareholding Structure of Gilco Steels?

In 2017, Gilco Steels had a promoter holding of 94.87% and a public holding of 5.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.17 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 36.24 Cr
  • Punjab National Bank : 4.93 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2012Punjab National Bank₹6.88 MOpen
06 Jan 2012Punjab National Bank₹4.00 CrOpen
13 Sep 2011Punjab National Bank₹2.47 MOpen
23 Nov 2009Uco Bank₹36.24 CrOpen

How Many Employees Work at Gilco Steels?

Unlock and access historical data on people associated with Gilco Steels, 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 Gilco 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 Gilco 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 Gilco Steels

Recent activity within the organization

  • Annual General Meeting

    Gilco Steels Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Gilco Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chandigarh.

    31 Mar 2017

  • Charges

    A charge with Uco Bank of Rs. 36.24 Cr registered on 23 Nov 2009 with Charge ID 10187441 was modified on 15 Mar 2013.

    15 Mar 2013

  • Charges

    A charge with Punjab National Bank of Rs. 4.00 Cr registered on 06 Jan 2012 with Charge ID 10331485 was modified on 30 Jan 2013.

    30 Jan 2013

  • Charges

    A charge with Punjab National Bank amounted to Rs. 0.69 Cr with Charge ID 10340067 was registered on 10 Feb 2012.

    10 Feb 2012

  • Charges

    A charge with Punjab National Bank amounted to Rs. 4.00 Cr with Charge ID 10331485 was registered on 06 Jan 2012.

    06 Jan 2012

Frequently asked questions

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

    Gilco Steels Limited was incorporated on 29 Oct 2008.

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

    The authorized share capital of Gilco Steels Limited is ₹ 5.25 Cr and paid-up capital is ₹ 5.00 Cr.

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

    Currently 3 directors are associated with Gilco Steels Limited.

    • Saral Gill
    • Surinder Gill
    • Ramesh Walia

  • What is the registered address of Gilco Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gilco Steels Limited is Semi Industrial Shop No S1-91 Area Phase Ii India, Chandigarh, 160102.

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

    The corporate identification number (CIN) of Gilco Steels Limited is U27107CH2008PLC031407 and the company number is 031407 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gilco Steels Limited?

    The Official website of Gilco Steels Limited is https://www.gilcosteel.com

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

    According to the financial reports for the fiscal year 2017, the revenue trend for Gilco Steels Limited has risen by 22.90%.

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

    The financial reports for the fiscal year 2017 indicates that The net worth of Gilco Steels Limited has experienced an downturn of -7.53%.

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

    As per the financial statements for fiscal Year 2017, The total open charges for Gilco Steels Limited amount to ₹ 41.17 Cr.

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

    The most recent Balance Sheet for Gilco Steels Limited was filed with the ROC on 31 Mar 2017.

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