Hira Steels Profile
Key Indicators
- Authorised Capital ₹ 36.15 Cr
- Paid Up Capital ₹ 18.74 Cr
- Company Age 30 Year, 5 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 five 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
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Location
Raipur, Chattisgarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27104CT1994PLC008555
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Company No.
008555
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Aug 1994
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Date of AGM
29 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
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)
Name | Designation | Appointment Date | Status |
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Rajesh Rajimwale | CFO | 20-Mar-2015 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
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Amit Agrawal | Whole-Time Director | 28-Jul-2004 | Current |
Niket Khandelwal | Director | 02-Sep-2016 | Current |
Rajesh Kumar | Director | 17-Aug-2019 | Current |
Pankaj Agrawal | Whole-Time Director | 30-Sep-2024 | Current |
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%.
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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.
Charges (Loans)
₹131.47 Cr
₹148.94 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 130.47 Cr
- Hdfc Bank Limited : 1.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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01 Feb 2023 | Idbi Bank Limited | ₹57.20 Cr | Open |
01 Feb 2023 | Idbi Bank Limited | ₹5.29 Cr | Open |
28 Apr 2022 | Hdfc Bank Limited | ₹10.00 M | Open |
10 Dec 2021 | Idbi Bank Limited | ₹37.98 Cr | Open |
23 Mar 2010 | Idbi Bank Limited | ₹30.00 Cr | Open |
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.
Deals i
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
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.