Harisons Steel Limited

Produces stainless steel billets with a capacity of 36,000 MTPA in Thane, Maharashtra since 1999.

1999 | Thane, Maharashtra (India) | Active
Last Updated: July 30, 2024

Harisons Steel Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 9.97 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 97.73 Cr
  • Revenue Growth 33.27%
  • Profit Growth 56.47%
  • Ebitda 85.09%
  • Net Worth 38.69%
  • Total Assets 44.32%

About Harisons Steel

Harisons Steel Limited (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 November 1999 and has a history of 25 years and two months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Harisons Steel 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 20.00 Cr and a paid-up capital of Rs 9.97 Cr.

The company has closed loans amounting to ₹97.73 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Daulat Fulwadhya, Ankush Fulwadhya, Vinay Sharma, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1999PLC122789

  • Company No.

    122789

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1999

  • 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 Harisons Steel Limited offer?

Harisons Steel Limited offers a wide range of products and services, including Stainless Steel Bars, Stainless Steel Bright Bar, Stainless Steel Hexagon Bar, Stainless Steel Products, Stainless Steel Billets, Steel Rods, Stainless Steel Wire Rod, Stainless Steel Rods.

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

Executive Team (1)

Name Designation Appointment Date Status
Daulat Fulwadhya Country flag representing In Managing Director 26-Nov-1999 Current

Board Members (5)

Name Designation Appointment Date Status
Ankush Fulwadhya Country flag representing In Director 17-Apr-2023 Current
Vinay Sharma Country flag representing In Director 18-Jan-2018 Current
Harikrishna Yadav Country flag representing In Director 12-Aug-2021 Current
Pravin Vishwakarma Additional Director 25-Jan-2024 Current
Aliullah Khan Additional Director 17-Jan-2024 Current

Financial Performance of Harisons Steel.

Harisons Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.27% increase. The company also saw a substantial improvement in profitability, with a 56.47% increase in profit. The company's net worth Soared by an impressive increase of 38.69%.

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
33.27%
Revenue from Operations
33.17%
Total Assets
44.32%
Profit or Loss
56.47%
Net Worth
38.69%
EBITDA
85.09%

What is the Ownership and Shareholding Structure of Harisons Steel?

In 2023, Harisons Steel had a promoter holding of 94.61% and a public holding of 5.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹97.73 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30.03 Cr
  • Abhyudaya Co-Op. Bank Ltd. : 28.00 Cr
  • Oriental Bank Of Commerce : 20.70 Cr
  • Abhyudaya Co-Op. Bank Limited : 10.25 Cr
  • Abhyudaua Co.Op. Bank Ltd : 4.25 Cr
  • Others : 4.50 Cr

Latest Charge Details

Date Lender Amount Status
11 Mar 2010 State Bank Of India ₹30.03 Cr Satisfied
19 Sep 2009 Abhyudaya Co-Op. Bank Ltd. ₹2.00 Cr Satisfied
01 Oct 2007 Abhyudaya Co-Op. Bank Ltd. ₹7.50 M Satisfied
18 May 2007 Abhyudaya Co-Op. Bank Limited ₹2.50 M Satisfied
03 Jan 2007 Abhyudaya Co-Op. Bank Ltd. ₹17.25 Cr Satisfied

How Many Employees Work at Harisons Steel?

Harisons Steel has a workforce of 15 employees as of Apr 08, 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 Harisons Steel, 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 Harisons Steel'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 Harisons Steel

Recent activity within the organization

  • Director Appointment

    Pravin Kumar Vishwakarma was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2024 & has been associated with this company since 1 year 6 days .

    25 Jan 2024

  • Director Appointment

    Aliullah Khan was appointed as a Additional Director was appointed as a Additional Director on 17 Jan 2024 & has been associated with this company since 1 year 14 days .

    17 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Ankush Ashok Fulwadhya was appointed as a Director was appointed as a Director on 17 Apr 2023 & has been associated with this company since 1 year 9 months .

    17 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 11 Mar 2010 via Charge ID 10214320 with State Bank Of India was fully satisfied on 26 Aug 2019.

    26 Aug 2019

Frequently asked questions

  • Harisons Steel Limited was incorporated on 26 Nov 1999.

  • The authorized share capital of Harisons Steel Limited is ₹ 20.00 Cr and paid-up capital is ₹ 9.97 Cr.

  • Currently 6 directors are associated with Harisons Steel Limited.

    • Daulat Hariram Fulwadhya
    • Ankush Ashok Fulwadhya
    • Vinay Kumar Devendra Sharma
    • Harikrishna Babulal Yadav
    • Pravin Kumar Vishwakarma
    • Aliullah Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Harisons Steel Limited is Plot No.1 Gut No.194 (Part) Of Village Nehroli Taluka Wada Dist. Thane, Maharashtra, India, 421312.

  • The corporate identification number (CIN) of Harisons Steel Limited is U27100MH1999PLC122789 and the company number is 122789 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Harisons Steel Limited is https://www.harisonssteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Harisons Steel Limited has risen by 33.27%.

  • As Per 2023 financial reports, 15 employees are currently employed by Harisons Steel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Harisons Steel Limited has experienced an upsurge of 38.69%.

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

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