Hira Steels Limited

Manufacturer of steel products for construction and infrastructure, including MS bars and TMT rebars.

1994 | Raipur, Chattisgarh (India) | Active
Last Updated:

Hira Steels Profile

Key Indicators

  • Authorised Capital ₹ 36.15 Cr
  • Paid Up Capital ₹ 18.74 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 131.47 Cr
  • Satisfied Charges ₹ 148.94 Cr
  • Revenue Growth -11.94%
  • Profit Growth 628.22%
  • Ebitda -39.39%
  • Net Worth 70.55%
  • Total Assets 58.97%

About Hira Steels

Hira Steels Limited (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 August 1994 and has a history of 30 years and six months. Its registered office is in Raipur, Chattisgarh, 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 36.15 Cr and a paid-up capital of Rs 18.74 Cr.

The company currently has active open charges totaling ₹131.47 Cr. The company has closed loans amounting to ₹148.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hira Steels Limited India is Rajesh Rajimwale as CFO. Amit Agrawal, Niket Khandelwal, Rajesh Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hiragroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104CT1994PLC008555

  • Company No.

    008555

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1994

  • Date of AGM

    29 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Hira Steels Limited offer?

Hira Steels Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Metal and Alloy Wires, Steel Wire.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Rajimwale Country flag representing In CFO20-Mar-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Amit Agrawal Country flag representing In Whole-Time Director 28-Jul-2004Current
Niket Khandelwal Country flag representing In Director 02-Sep-2016Current
Rajesh Kumar Country flag representing In Director 17-Aug-2019Current
Pankaj Agrawal Country flag representing In Whole-Time Director 30-Sep-2024Current

Financial Performance of Hira Steels.

Hira Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.94% decrease. The company also saw a substantial improvement in profitability, with a 628.22% increase in profit. The company's net worth Soared by an impressive increase of 70.55%.

Hira Steels revenue growth over time
Hira Steels 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
-11.94%
Revenue from Operations
-13.06%
Total Assets
58.97%
Profit or Loss
628.22%
Net Worth
70.55%
EBITDA
-39.39%

What is the Ownership and Shareholding Structure of Hira Steels?

In 2023, Hira Steels had a promoter holding of 5.34% and a public holding of 94.66%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹131.47 Cr

Satisfied Charges

₹148.94 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 130.47 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2023Idbi Bank Limited₹57.20 CrOpen
01 Feb 2023Idbi Bank Limited₹5.29 CrOpen
28 Apr 2022Hdfc Bank Limited₹10.00 MOpen
10 Dec 2021Idbi Bank Limited₹37.98 CrOpen
23 Mar 2010Idbi Bank Limited₹30.00 CrOpen

How Many Employees Work at Hira Steels?

Hira Steels has a workforce of 126 employees as of Nov 15, 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.

Employee growth trends for Hira Steels Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Pankaj Kumar Agrawal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2024 & has been associated with this company since 5 months 4 days .

  • Charges

    A charge registered on 16 Feb 1996 via Charge ID 90207770 with State Bank Of India was fully satisfied on 03 Jun 2024.

  • Annual General Meeting

    Hira Steels Limited last Annual general meeting of members was held on 29 Nov 2023 as per latest MCA records.

  • Charges

    A charge with Idbi Bank Limited of Rs. 57.20 Cr registered on 01 Feb 2023 with Charge ID 100680057 was modified on 08 Jun 2023.

  • Charges

    A charge with Idbi Bank Limited of Rs. 5.29 Cr registered on 01 Feb 2023 with Charge ID 100680060 was modified on 08 Jun 2023.

  • Charges

    A charge registered on 20 Jan 2021 via Charge ID 100408548 with State Bank Of India was fully satisfied on 27 Apr 2023.

Frequently asked questions

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

    Hira Steels Limited was incorporated on 16 Aug 1994.

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

    The authorized share capital of Hira Steels Limited is ₹ 36.15 Cr and paid-up capital is ₹ 18.74 Cr.

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

    Currently 5 directors are associated with Hira Steels Limited.

    • Amit Agrawal
    • Niket Khandelwal
    • Rajesh Kumar
    • Pankaj Kumar Agrawal
    • Rajesh Rajimwale

  • What is the registered address of Hira Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hira Steels Limited is 720/1 Rawabhata, Industrial Area Raipur India, C.G, Chattisgarh, 492001.

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

    The corporate identification number (CIN) of Hira Steels Limited is U27104CT1994PLC008555 and the company number is 008555 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hira Steels Limited?

    The Official website of Hira Steels Limited is https://www.hiragroup.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Hira Steels Limited has fallen by -11.94%.

  • How many employees does Hira Steels Limited currently have?

    As Per 2023 financial reports, 126 employees are currently employed by Hira Steels Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Hira Steels Limited has experienced an upsurge of 70.55%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Hira Steels Limited amount to ₹ 131.47 Cr.

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

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

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