Kansal Sons Steels Limited

Steel trading company established in 2002 with office in Punjab.

2002 | Fatehgarh Sahib, Punjab (India) | Active
Last Updated: November 16, 2024

Kansal Sons Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.18 Cr
  • Satisfied Charges ₹ 9.40 Cr
  • Revenue Growth 5.54%
  • Profit Growth 13.58%
  • Ebitda 32.00%
  • Net Worth 9.19%
  • Total Assets -3.24%

About Kansal Sons Steels

Kansal Sons Steels Limited (KSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 September 2002 and has a history of 22 years and four months. Its registered office is in Fatehgarh Sahib, Punjab, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹2.18 Cr. The company has closed loans amounting to ₹9.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipan Kumar, Kimmi Kansal, and Harsh Kansal serve as directors at the Company.

Company Details

  • Location

    Fatehgarh Sahib, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106PB2002PLC025448

  • Company No.

    025448

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Vipan Kumar Country flag representing In Additional Director 17-Oct-2024 Current
Kimmi Kansal Country flag representing In Director 02-Nov-2012 Current
Harsh Kansal Country flag representing In Director 12-Oct-2016 Current

Financial Performance of Kansal Sons Steels.

Kansal Sons Steels Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.54% increase. The company also saw a substantial improvement in profitability, with a 13.58% increase in profit. The company's net worth moved up by a moderate rise of 9.19%.

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
5.54%
Revenue from Operations
5.52%
Total Assets
-3.24%
Profit or Loss
13.58%
Net Worth
9.19%
EBITDA
32.00%

What is the Ownership and Shareholding Structure of Kansal Sons Steels?

In 2022, Kansal Sons Steels had a promoter holding of 88.68% and a public holding of 11.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.18 Cr

Satisfied Charges

₹9.40 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.18 Cr

Latest Charge Details

Date Lender Amount Status
11 Oct 2022 Axis Bank Limited ₹1.50 Cr Open
15 Nov 2019 Axis Bank Limited ₹6.75 M Open
27 May 2021 Others ₹2.00 M Satisfied
31 Dec 2019 Others ₹1.50 Cr Satisfied
07 Jul 2014 Corporation Bank ₹2.50 Cr Satisfied

How Many Employees Work at Kansal Sons Steels?

Unlock and access historical data on people associated with Kansal Sons 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 Kansal Sons 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 Kansal Sons 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 Kansal Sons Steels

Recent activity within the organization

  • Director Appointment

    Vipan Kumar was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2024 & has been associated with this company since 3 months 15 days .

    17 Oct 2024

  • Annual General Meeting

    Kansal Sons Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Kansal Sons Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 27 May 2021 via Charge ID 100454446 with Others was fully satisfied on 27 Dec 2022.

    27 Dec 2022

  • Charges

    A charge registered on 31 Dec 2019 via Charge ID 100316032 with Others was fully satisfied on 27 Dec 2022.

    27 Dec 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100646030 was registered on 11 Oct 2022.

    11 Oct 2022

Frequently asked questions

  • Kansal Sons Steels Limited was incorporated on 23 Sep 2002.

  • The authorized share capital of Kansal Sons Steels Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Kansal Sons Steels Limited.

    • Vipan Kumar
    • Kimmi Kansal
    • Harsh Kansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kansal Sons Steels Limited is Motia Khanmandi Gobindgarh Distt Fatehgarh Sahib India, Punjab, 147301.

  • The corporate identification number (CIN) of Kansal Sons Steels Limited is U27106PB2002PLC025448 and the company number is 025448 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kansal Sons Steels Limited is https://www.kansalsons.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kansal Sons Steels Limited has risen by 5.54%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kansal Sons Steels Limited has experienced an upsurge of 9.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kansal Sons Steels Limited amount to ₹ 2.18 Cr.

  • The most recent Balance Sheet for Kansal Sons Steels Limited was filed with the ROC on 31 Mar 2024.

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