Itfaq Steels Pvt Ltd

Founded in 1987 and headquartered in Punjab, India.

1987 | Amritsar, Punjab (India) | Active
Last Updated: December 22, 2024

Itfaq Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.26 Cr
  • Revenue Growth 33.30%
  • Profit Growth 328.11%
  • Ebitda 107.36%
  • Net Worth 5.07%
  • Total Assets 4.44%

About Itfaq Steels

Itfaq Steels Pvt Ltd (ISPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 July 1987 and has a history of 37 years and six months. Its registered office is in Amritsar, Punjab, India.

The Company is engaged in the Manufacturing 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 2.40 M and a paid-up capital of Rs 2.40 M.

The company has closed loans amounting to ₹1.26 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28939PB1987PTC007579

  • Company No.

    007579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Surinder Singh Country flag representing In Director 29-Jul-1987 Current
Navdeep Singh Country flag representing In Director 02-Aug-2000 Current
Harpreet Singh Country flag representing In Director 02-Aug-2000 Current
Jagdish Kaur Country flag representing In Director 29-Jul-1987 Current

Financial Performance of Itfaq Steels.

Itfaq Steels Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 33.3% increase. The company also saw a substantial improvement in profitability, with a 328.11% increase in profit. The company's net worth moved up by a moderate rise of 5.07%.

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
33.30%
Revenue from Operations
34.08%
Total Assets
4.44%
Profit or Loss
328.11%
Net Worth
5.07%
EBITDA
107.36%

What is the Ownership and Shareholding Structure of Itfaq Steels?

Unlock access to Itfaq Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹12.60 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.26 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2008 Punjab National Bank ₹8.50 M Satisfied
18 Aug 2008 Punjab National Bank ₹4.10 M Satisfied

How Many Employees Work at Itfaq Steels?

Unlock and access historical data on people associated with Itfaq Steels, 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 Itfaq 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 Itfaq 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 Itfaq Steels

Recent activity within the organization

  • Annual General Meeting

    Itfaq Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Itfaq Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 18 Aug 2008 via Charge ID 10117746 with Punjab National Bank was fully satisfied on 06 Feb 2019.

    06 Feb 2019

  • Charges

    A charge registered on 18 Aug 2008 via Charge ID 10117748 with Punjab National Bank was fully satisfied on 06 Feb 2019.

    06 Feb 2019

  • Charges

    A charge with Punjab National Bank amounted to Rs. 8.50 M with Charge ID 10117746 was registered on 18 Aug 2008.

    18 Aug 2008

  • Charges

    A charge with Punjab National Bank amounted to Rs. 4.10 M with Charge ID 10117748 was registered on 18 Aug 2008.

    18 Aug 2008

Frequently asked questions

  • Itfaq Steels Pvt Ltd was incorporated on 29 Jul 1987.

  • The authorized share capital of Itfaq Steels Pvt Ltd is ₹ 2.40 M and paid-up capital is ₹ 2.40 M.

  • Currently 4 directors are associated with Itfaq Steels Pvt Ltd.

    • Surinder Singh
    • Navdeep Singh
    • Harpreet Singh
    • Jagdish Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Itfaq Steels Pvt Ltd is 20, Industrial Focal Point Mehta Road India, Amritsar, Punjab, 143001.

  • The corporate identification number (CIN) of Itfaq Steels Pvt Ltd is U28939PB1987PTC007579 and the company number is 007579 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Itfaq Steels Pvt Ltd has risen by 33.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Itfaq Steels Pvt Ltd has experienced an upsurge of 5.07%.

  • The most recent Balance Sheet for Itfaq Steels Pvt Ltd was filed with the ROC on 31 Mar 2024.