Hari Steel Industries Limited

ISO-certified metal ore trading company under Hari Group.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Hari Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.89 Cr
  • Satisfied Charges ₹ 13.75 Cr
  • Revenue Growth 65.05%
  • Profit Growth 33.33%
  • Ebitda 42.55%
  • Net Worth -3.08%
  • Total Assets -7.06%

About Hari Steel Industries

Hari Steel Industries Limited (HSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 2001 and has a history of 23 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Hari Steel Trading 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹4.89 Cr. The company has closed loans amounting to ₹13.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harish Chandarana, Sonal Chandarana, and Heet Chandarana serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    haristeel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109MH2001PLC131356

  • Company No.

    131356

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Hari Steel Industries Limited offer?

Hari Steel Industries Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Mild Steel Bars, TMT Bars, Aluminum, Brass, Bronze Pipes, Rounded Pipe, Steel Wire, Mild Steel Wires, Brackets, Holder & Hardware Fittings, Metal Channels, Roofing Sheets.

Who are the key members and board of directors at Hari Steel Industries?

Executive Team (1)

Name Designation Appointment Date Status
Harish Chandarana Country flag representing In Managing Director 23-Mar-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Heet Chandarana Country flag representing In Additional Director 01-Dec-2021 Current
Sonal Chandarana Country flag representing In Director 23-Mar-2001 Current

Financial Performance of Hari Steel Industries.

Hari Steel Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.05% increase. The company also saw a substantial improvement in profitability, with a 33.33% increase in profit. The company's net worth dipped by a decrease of 3.08%.

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
65.05%
Revenue from Operations
65.04%
Total Assets
-7.06%
Profit or Loss
33.33%
Net Worth
-3.08%
EBITDA
42.55%

What is the Ownership and Shareholding Structure of Hari Steel Industries?

In 2022, Hari Steel Industries had a promoter holding of 91.75% and a public holding of 8.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.89 Cr

Satisfied Charges

₹13.75 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 4.89 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2018 Bank Of India ₹4.89 Cr Open
05 Nov 2009 Bank Of India ₹9.00 Cr Satisfied
05 Nov 2009 Bank Of India ₹7.50 M Satisfied
19 Mar 2003 Bank Of India ₹4.00 Cr Satisfied

How Many Employees Work at Hari Steel Industries?

Unlock and access historical data on people associated with Hari Steel Industries, 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 Hari Steel Industries, 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 Hari Steel Industries'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 Hari Steel Industries

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 4.89 Cr registered on 15 Sep 2018 with Charge ID 100206749 was modified on 25 Jul 2024.

    25 Jul 2024

  • Annual General Meeting

    Hari Steel Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hari Steel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Heet Harish Chandarana was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 4.89 Cr with Charge ID 100206749 was registered on 15 Sep 2018.

    15 Sep 2018

  • Charges

    A charge registered on 05 Nov 2009 via Charge ID 10187472 with Bank Of India was fully satisfied on 13 May 2016.

    13 May 2016

Frequently asked questions

  • Hari Steel Industries Limited was incorporated on 23 Mar 2001.

  • The authorized share capital of Hari Steel Industries Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Hari Steel Industries Limited.

    • Harish Dharmshibhai Chandarana
    • Sonal Harish Chandarana
    • Heet Harish Chandarana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hari Steel Industries Limited is Shop No.5 Survey No.2970 Cts No.2956/7 Ketki Pada West Expr High, Dahisar East India, Mumbai, Maharashtra, 400068.

  • The corporate identification number (CIN) of Hari Steel Industries Limited is U27109MH2001PLC131356 and the company number is 131356 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hari Steel Industries Limited is https://www.haristeel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hari Steel Industries Limited has risen by 65.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hari Steel Industries Limited has experienced an downturn of -3.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hari Steel Industries Limited amount to ₹ 4.89 Cr.

  • The most recent Balance Sheet for Hari Steel Industries Limited was filed with the ROC on 31 Mar 2023.

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