Inducto Steels Limited

Trading company specializing in metal scrap, coals, and industrial inputs since 1988.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

Inducto Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.02 Cr
  • Company Age 36 Year, 5 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 five 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

Metals and Minerals
Transport and Logistics
Company report

Inducto Steels Limited

Explore comprehensive data for Inducto Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Rajeev Reniwal Country flag representing In Managing Director01-Apr-1993Current
Dilip Kaushik Country flag representing In CFO26-Oct-2018Current
Fulvanti Jain Company Secretary23-Mar-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Sweety Reniwal Country flag representing In Director 09-Mar-2002Current
Manohar Wagh Country flag representing In Director 30-May-2024Current
Tejasbhai Thakker Country flag representing In Director 30-May-2024Current

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%.

Inducto Steels revenue growth over time
Inducto 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
57.02%
Revenue from Operations
56.67%
Total Assets
-28.01%
Profit or Loss
-74.48%
Net Worth
1.37%
EBITDA
-43.95%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 Cr

Satisfied Charges

₹196.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2023Others₹100.00 CrOpen
18 Jan 2021Axis Bank Limited₹45.50 CrSatisfied
15 May 2002Indian Overseas Bank₹150.00 CrSatisfied
10 Oct 1995Punjab National Bank₹5.50 MSatisfied
17 Jan 1994Corporation Balnk₹6.00 MSatisfied

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.

Employee growth trends for Inducto Steels Limited

Deals i

Graph showing company valuation over time

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

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 Inducto Steels

Recent activity within the organization

  • Director Appointment

    Manohar Hanumants Wagh was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 11 months 22 days .

  • Director Appointment

    Tejasbhai Himmatbhai Thakker was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 11 months 22 days .

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 17 Jun 2023 with Charge ID 100740642 was modified on 03 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100740642 was registered on 17 Jun 2023.

  • Charges

    A charge registered on 18 Jan 2021 via Charge ID 100423869 with Axis Bank Limited was fully satisfied on 31 Mar 2023.

Frequently asked questions

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

    Inducto Steels Limited was incorporated on 29 Nov 1988.

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

    The authorized share capital of Inducto Steels Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.02 Cr.

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

    Currently 6 directors are associated with Inducto Steels Limited.

    • Rajeev Shantisarup Reniwal
    • Sweety Rajeev Reniwal
    • Manohar Hanumants Wagh
    • Tejasbhai Himmatbhai Thakker
    • Dilip Vimal Kaushik
    • Fulvanti Arvindkumar Jain

  • What is the registered address of Inducto Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Inducto Steels Limited is 156 Maker Chambers Vi 220 Jamnalal Bajaj Marg, Nariman Point India, Mumbai, Maharashtra, 400021.

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

    The corporate identification number (CIN) of Inducto Steels Limited is L27100MH1988PLC194523 and the company number is 194523 as per Ministry of Corporate Affairs (MCA).

  • Is Inducto Steels Limited registered with any stock exchange in India?

    Yes, Inducto Steels Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Inducto Steels Limited?

    The Official website of Inducto Steels Limited is https://www.hariyanagroup.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Inducto Steels Limited has risen by 57.02%.

  • How many employees does Inducto Steels Limited currently have?

    As Per 2023 financial reports, 114 employees are currently employed by Inducto Steels Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Inducto Steels Limited has experienced an upsurge of 1.37%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Inducto Steels Limited amount to ₹ 100.00 Cr.

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

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

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