Ginni Steels Private Limited

Metal trading company with a diverse product portfolio and partnerships with well-known brands.

2005 | Hyderabad, Telangana (India) | Active
Last Updated: July 18, 2024

Ginni Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.70 Cr
  • Paid Up Capital ₹ 1.34 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 62.01 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 99.24%
  • Profit Growth -40.40%
  • Ebitda 33.95%
  • Net Worth 3.42%
  • Total Assets 36.03%

About Ginni Steels

Ginni Steels Private Limited (GSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 2005 and has a history of 19 years and ten months. Its registered office is in Hyderabad, Telangana, 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 2.70 Cr and a paid-up capital of Rs 1.34 Cr.

The company currently has active open charges totaling ₹62.01 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarun Gupta, Satya Gupta, and Joyjeet Gupta serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ginnisteels.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109TG2005PTC045660

  • Company No.

    045660

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

What products or services does Ginni Steels Private Limited offer?

Ginni Steels Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, TMT Bars, Brackets, Holder & Hardware Fittings, Metal Angles, Metal & Metal Made Products, Steel Sheets, Steel Plates, Mild Steel Bars, Beams, Purlins, Frames and Girders, Building Beams & Girders.

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

Executive Team (1)

Name Designation Appointment Date Status
Tarun Gupta Country flag representing In Managing Director 18-Mar-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Satya Gupta Country flag representing In Director 18-Mar-2005 Current
Joyjeet Gupta Country flag representing In Whole-Time Director 25-Apr-2020 Current

Financial Performance of Ginni Steels.

Ginni Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 99.24% increase. The company also saw a substantial fall in profitability, with a 40.4% decrease in profit. The company's net worth moved up by a moderate rise of 3.42%.

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
99.24%
Revenue from Operations
99.23%
Total Assets
36.03%
Profit or Loss
-40.40%
Net Worth
3.42%
EBITDA
33.95%

What is the Ownership and Shareholding Structure of Ginni Steels?

In 2023, Ginni Steels had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.01 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 55.96 Cr
  • Ing Vysya Bank Ltd : 5.00 Cr
  • Hdfc Bank Limited : 1.05 Cr

Latest Charge Details

Date Lender Amount Status
02 Mar 2022 Hdfc Bank Limited ₹0.88 M Open
17 Feb 2022 Hdfc Bank Limited ₹7.71 M Open
31 Oct 2020 Hdfc Bank Limited ₹1.95 M Open
10 Jul 2020 Others ₹1.96 Cr Open
08 Feb 2006 Others ₹54.00 Cr Open

How Many Employees Work at Ginni Steels?

Ginni Steels has a workforce of 20 employees as of Apr 10, 2024. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ginni 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 Ginni 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 Ginni Steels

Recent activity within the organization

  • Annual General Meeting

    Ginni Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 54.00 Cr registered on 08 Feb 2006 with Charge ID 80023724 was modified on 06 Jun 2023.

    06 Jun 2023

  • Balance Sheet

    Ginni Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100571190 was registered on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.77 Cr with Charge ID 100546318 was registered on 17 Feb 2022.

    17 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100416842 was registered on 31 Oct 2020.

    31 Oct 2020

Frequently asked questions

  • Ginni Steels Private Limited was incorporated on 18 Mar 2005.

  • The authorized share capital of Ginni Steels Private Limited is ₹ 2.70 Cr and paid-up capital is ₹ 1.34 Cr.

  • Currently 3 directors are associated with Ginni Steels Private Limited.

    • Tarun Gupta
    • Satya Pal Gupta
    • Joyjeet Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ginni Steels Private Limited is Survey No.262 Plot No.3 Phase-1 Ida Jeedimetla Quthbullapur Mandal Medchal Malkajgiri, District, Hyderabad, Telangana, India, 500055.

  • The corporate identification number (CIN) of Ginni Steels Private Limited is U27109TG2005PTC045660 and the company number is 045660 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ginni Steels Private Limited is https://www.ginnisteels.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ginni Steels Private Limited has risen by 99.24%.

  • As Per 2023 financial reports, 20 employees are currently employed by Ginni Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ginni Steels Private Limited has experienced an upsurge of 3.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ginni Steels Private Limited amount to ₹ 62.01 Cr.

  • The most recent Balance Sheet for Ginni Steels Private Limited was filed with the ROC on 31 Mar 2023.

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