Indore Steel And Iron Mills Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 52 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 46.45 Cr
- Satisfied Charges ₹ 51.88 Cr
- Revenue Growth 28.66%
- Profit Growth 116.22%
- Ebitda 31.56%
- Net Worth 5.94%
- Total Assets 10.23%
About Indore Steel And Iron Mills
Indore Steel And Iron Mills Limited (ISAIML) was founded in India on 23 October 1972 and has a glorious history of 52 years and four months. Its registered office is in Raigarh, Maharashtra, 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 10.00 Cr and a paid-up capital of Rs 7.50 Cr.
The company currently has active open charges totaling ₹46.45 Cr. The company has closed loans amounting to ₹51.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indore Steel And Iron Mills Limited India is Bhushan Tambe as COMPANY SECRETARY. Ajinder Kaur, Gurcharan Singh, Sukhwant Babbar, and Three other members serve as directors at the Company.
Company Details
- Location
Raigarh, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U99999MH1972PLC016082
- Company No.
016082
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Oct 1972
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Indore Steel And Iron Mills Limited offer?
Indore Steel And Iron Mills Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Stainless Steel Alloys.
Who are the key members and board of directors at Indore Steel And Iron Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhushan Tambe  | Company Secretary | 10-Nov-2017 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajinder Kaur | Director | 01-Mar-2017 | Current |
| Gurcharan Singh | Whole-Time Director | 14-May-1975 | Current |
| Sukhwant Babbar | Whole-Time Director | 24-Feb-1985 | Current |
| Prabhsaran Babbar | Whole-Time Director | 25-Jun-2014 | Current |
| Jagat Bingley | Director | 14-Dec-2022 | Current |
| Praveen Mehta | Director | 14-Dec-2022 | Current |
Financial Performance of Indore Steel And Iron Mills.
Indore Steel And Iron Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.66% increase. The company also saw a substantial improvement in profitability, with a 116.22% increase in profit. The company's net worth moved up by a moderate rise of 5.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indore Steel And Iron Mills?
In 2023, Indore Steel And Iron Mills had a promoter holding of 32.54% and a public holding of 67.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Crisco Investments Pvt LtdAjinder Kaur is a mutual person
- Sanghi Brothers (Indore) Pvt Ltd
Gurcharan Singh is a mutual person
- Ggs Properties Private Limited
Gurcharan Singh and Prabhsaran Babbar are mutual person
- G.T.B.Offshare Investments Private Limited
Gurcharan Singh is a mutual person
- Gns Developers Private Limited
Prabhsaran Babbar is a mutual person
- Hardial Singh & Company Estates Private Limited
Prabhsaran Babbar is a mutual person
Charges (Loans)
₹46.45 Cr
₹51.88 Cr
Charges Breakdown by Lending Institutions
- Others : 36.83 Cr
- Tata Capital Financial Services Limited : 6.75 Cr
- Axis Bank Limited : 1.74 Cr
- Central Bank Of India : 1.00 Cr
- Hdfc Bank Limited : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Axis Bank Limited | ₹1.66 M | Open |
| 15 Mar 2024 | Axis Bank Limited | ₹1.46 M | Open |
| 13 Mar 2024 | Axis Bank Limited | ₹2.97 M | Open |
| 19 Jan 2024 | Others | ₹4.59 M | Open |
| 08 Nov 2023 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Indore Steel And Iron Mills?
Indore Steel And Iron Mills has a workforce of 302 employees as of Apr 11, 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 Indore Steel And Iron Mills, 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 Indore Steel And Iron Mills'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.
