Insteel Engineers Private Limited

This company provides structural steel design, detailing, and fabrication services, as well as BIM and MEP services.

2009 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Insteel Engineers Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.17 Cr
  • Satisfied Charges ₹ 36.83 Cr
  • Revenue Growth 61.58%
  • Profit Growth 92.12%
  • Ebitda 111.53%
  • Net Worth 33.09%
  • Total Assets 43.55%

About Insteel Engineers

Insteel Engineers Private Limited (IEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 2009 and has a history of 15 years and eight months. Its registered office is in Thane, Maharashtra, India.

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.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    insteelengg.com

  • Social Media

Corporate Identity Details

  • 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

Engineering

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)

NameDesignationAppointment DateStatus
Raju Jagtap Country flag representing In Managing Director08-Jun-2009Current
Bijal Saini Company Secretary30-Jul-2024Current
Rakesh Varma CFO12-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Chetan Raikar Country flag representing In Director 22-Aug-2024Current
Shashank Jadhav Director 09-Aug-2024Current
Sudhir Rele Director 27-Aug-2024Current
Swapnil Kangankar Additional Director 15-Nov-2024Current
Rupali Jagtap Country flag representing In Director 08-Jun-2009Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
61.58%
Revenue from Operations
61.36%
Total Assets
43.55%
Profit or Loss
92.12%
Net Worth
33.09%
EBITDA
111.53%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.17 Cr

Satisfied Charges

₹36.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.17 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2024Others₹1.17 CrOpen
28 Sep 2022Others₹30.00 CrOpen
28 Sep 2021Others₹10.12 CrSatisfied
28 Sep 2021Others₹3.40 MSatisfied
07 Jul 2020Axis Bank Limited₹3.60 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Insteel Engineers

Recent activity within the organization

  • Director Appointment

    Swapnil Rohidas Kangankar was appointed as a Additional Director was appointed as a Additional Director on 15 Nov 2024 & has been associated with this company since 3 months 11 days .

    15 Nov 2024

  • Annual General Meeting

    Insteel Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100984476 was registered on 12 Sep 2024.

    12 Sep 2024

  • Director Appointment

    Sudhir Ramnath Rele was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 6 months .

    27 Aug 2024

  • Director Appointment

    Chetan Rameshchandra Raikar was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 6 months 5 days .

    22 Aug 2024

  • Director Appointment

    Rakesh Ramdayal Varma was appointed as a Cfo was appointed as a Cfo on 12 Aug 2024 & has been associated with this company since 6 months 15 days .

    12 Aug 2024

Frequently asked questions

  • Insteel Engineers Private Limited was incorporated on 08 Jun 2009.

  • The authorized share capital of Insteel Engineers Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 1.04 Cr.

  • Currently 8 directors are associated with Insteel Engineers Private Limited.

    • Chetan Rameshchandra Raikar
    • Shashank Jadhav
    • Sudhir Ramnath Rele
    • Swapnil Rohidas Kangankar
    • Bijal Jagjit Singh Saini
    • Rakesh Ramdayal Varma
    • Rupali Jagtap
    • Raju Pandurang Jagtap
  • As per Ministry of Corporate Affairs (Mca), the registered address of Insteel Engineers Private Limited is 804/805/806 The Ambience Court Opp Rto Office Sector 19D Vashi, India, Navi Mumbai, Maharashtra, 400703.

  • The corporate identification number (CIN) of Insteel Engineers Private Limited is U28113MH2009PTC193093 and the company number is 193093 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Insteel Engineers Private Limited is https://www.insteelengg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Insteel Engineers Private Limited has risen by 61.58%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Insteel Engineers Private Limited has experienced an upsurge of 33.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Insteel Engineers Private Limited amount to ₹ 31.17 Cr.

  • The most recent Balance Sheet for Insteel Engineers Private Limited was filed with the ROC on 31 Mar 2024.

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