Inducto Steels Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 4.02 Cr
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 100.00 Cr
- Satisfied Charges ₹ 196.65 Cr
- Revenue Growth 57.02%
- Profit Growth -74.48%
- Ebitda -43.95%
- Net Worth 1.37%
- Total Assets -28.01%
About Inducto Steels
Inducto Steels Limited (ISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 November 1988 and has a history of 36 years and two months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532001.
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 5.50 Cr and a paid-up capital of Rs 4.02 Cr.
The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹196.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Inducto Steels Limited India are Dilip Kaushik as CFO and Fulvanti Jain as Company Secretary. Rajeev Reniwal, Sweety Reniwal, Manohar Wagh, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27100MH1988PLC194523
- Company No.
194523
- Stock Symbol
BSE : 532001
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Inducto Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Reniwal  | Managing Director | 01-Apr-1993 | Current |
| Dilip Kaushik | CFO | 26-Oct-2018 | Current |
| Fulvanti Jain | Company Secretary | 23-Mar-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sweety Reniwal | Director | 09-Mar-2002 | Current |
| Manohar Wagh | Director | 30-May-2024 | Current |
| Tejasbhai Thakker | Director | 30-May-2024 | Current |
Financial Performance of Inducto Steels.
Inducto Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.02% increase. The company also saw a substantial fall in profitability, with a 74.48% decrease in profit. The company's net worth moved up by a moderate rise of 1.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Inducto Steels?
In 2023, Inducto Steels had a promoter holding of 69.32% and a public holding of 30.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Rajeev Reniwal is a mutual person
- Aplomb Enterprises Private Limited
Rajeev Reniwal and Sweety Reniwal are mutual person
- Hariyana International Private Limited
Rajeev Reniwal is a mutual person
- Reniwal Business Properties Private Limited
Rajeev Reniwal and Sweety Reniwal are mutual person
Charges (Loans)
₹100.00 Cr
₹196.65 Cr
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2023 | Others | ₹100.00 Cr | Open |
| 18 Jan 2021 | Axis Bank Limited | ₹45.50 Cr | Satisfied |
| 15 May 2002 | Indian Overseas Bank | ₹150.00 Cr | Satisfied |
| 10 Oct 1995 | Punjab National Bank | ₹5.50 M | Satisfied |
| 17 Jan 1994 | Corporation Balnk | ₹6.00 M | Satisfied |
How Many Employees Work at Inducto Steels?
Inducto Steels has a workforce of 114 employees as of Mar 23, 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 Inducto 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 Inducto 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.
