Globe Steels Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.50 Cr
as on 24-10-2024
- Company Age 38 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 122.24 Cr
as on 24-10-2024
- Satisfied Charges ₹ 42.72 Cr
as on 24-10-2024
- Revenue 22.30%
(FY 2023)
- Profit 14.78%
(FY 2023)
- Ebitda 11.72%
(FY 2023)
- Net Worth 16.94%
(FY 2023)
- Total Assets 24.98%
(FY 2023)
About Globe Steels
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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹122.24 Cr. The company has closed loans amounting to ₹42.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sridhar Raghavan, Padam Modi, Gajanand Modi, and Three other members serve as directors at the Company.
- CIN/LLPIN
U27104TN1986PTC013424
- Company No.
013424
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Globe Steels Private Limited offer?
Globe Steels Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Bars, Industrial Steel, Steel Squares.
Who are the key members and board of directors at Globe Steels?
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Raghavan  | Whole-Time Director | 16-Sep-1986 | Current |
| Padam Modi | Whole-Time Director | 16-Sep-1986 | Current |
| Gajanand Modi | Whole-Time Director | 16-Sep-1986 | Current |
| Rajkumarimodi | Whole-Time Director | 03-May-1996 | Current |
| Karpagavalli Sridhar | Whole-Time Director | 03-May-1996 | Current |
| Kusum Modi | Whole-Time Director | 03-May-1996 | Current |
Financial Performance of Globe Steels.
Globe Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.3% increase. The company also saw a substantial improvement in profitability, with a 14.78% increase in profit. The company's net worth Soared by an impressive increase of 16.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Globe Steels?
In 2023, Globe Steels had a promoter holding of 22.20% and a public holding of 77.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Globe Components Private LimitedActive 28 years 4 monthsSridhar Raghavan, Padam Modi and 2 more are mutual person
Globe Special Steels Private LimitedActive 2 years 2 monthsSridhar Raghavan, Padam Modi and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 07 Aug 2024 | ₹2.07 Cr | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 30 Apr 2024 | ₹36.00 Cr | Open |
Sidbi Creation Date: 10 Oct 2023 | ₹1.77 Cr | Open |
How Many Employees Work at Globe Steels?
Globe Steels has a workforce of 44 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Globe 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 Globe 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.
