Insteel Engineers Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.04 Cr
as on 16-11-2024
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 31.17 Cr
as on 16-11-2024
- Satisfied Charges ₹ 36.83 Cr
as on 16-11-2024
- Revenue 61.58%
(FY 2023)
- Profit 92.12%
(FY 2023)
- Ebitda 111.53%
(FY 2023)
- Net Worth 33.09%
(FY 2023)
- Total Assets 43.55%
(FY 2023)
About Insteel Engineers
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 1.04 Cr.
The company currently has active open charges totaling ₹31.17 Cr. The company has closed loans amounting to ₹36.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Insteel Engineers Private Limited India are Bijal Saini as COMPANY SECRETARY and Rakesh Varma as Cfo. Chetan Raikar, Shashank Jadhav, Sudhir Rele, and Three other members serve as directors at the Company.
- CIN/LLPIN
U28113MH2009PTC193093
- Company No.
193093
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jun 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Insteel Engineers Private Limited offer?
Insteel Engineers Private Limited offers a wide range of products and services, including Architectural & Civil Engineering, Architectural Services, Engineering Consultant Service, Civil Engineering Service, Structural Engineering Service, Steel Structure Designing.
Who are the key members and board of directors at Insteel Engineers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raju Jagtap  | Managing Director | 08-Jun-2009 | Current |
| Bijal Saini | Company Secretary | 30-Jul-2024 | Current |
| Rakesh Varma | CFO | 12-Aug-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chetan Raikar | Director | 22-Aug-2024 | Current |
| Shashank Jadhav | Director | 09-Aug-2024 | Current |
| Sudhir Rele | Director | 27-Aug-2024 | Current |
| Swapnil Kangankar | Additional Director | 15-Nov-2024 | Current |
| Rupali Jagtap | Director | 08-Jun-2009 | Current |
Financial Performance of Insteel Engineers.
Insteel Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.58% increase. The company also saw a substantial improvement in profitability, with a 92.12% increase in profit. The company's net worth Soared by an impressive increase of 33.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Insteel Engineers?
In 2023, Insteel Engineers had a promoter holding of 99.31% and a public holding of 0.69%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Structwel Designers And Consultants Private LimitedActive 46 years 8 monthsChetan Raikar is a mutual person
Charges (Loans)
₹31.17 Cr
₹36.83 Cr
Charges Breakdown by Lending Institutions
- Others : 31.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2024 | Others | ₹1.17 Cr | Open |
| 28 Sep 2022 | Others | ₹30.00 Cr | Open |
| 28 Sep 2021 | Others | ₹10.12 Cr | Satisfied |
| 28 Sep 2021 | Others | ₹3.40 M | Satisfied |
| 07 Jul 2020 | Axis Bank Limited | ₹3.60 M | Satisfied |
How Many Employees Work at Insteel Engineers?
Unlock and access historical data on people associated with Insteel Engineers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Insteel Engineers, 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 Insteel Engineers'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
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