Kartik Steels Limited

Produces steel products such as valves, ball valves, beams, and coils from resistant castings.

1980 | Vellore, Tamil Nadu (India) | Active
Last Updated:

Kartik Steels Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.87 Cr
  • Company Age 44 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 3.52 Cr
  • Revenue Growth 43.17%
  • Profit Growth 50.17%
  • Ebitda 61.88%
  • Net Worth 288.02%
  • Total Assets 80.72%

About Kartik Steels

Kartik Steels Limited (KSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 May 1980 and has a history of 44 years and 11 months. Its registered office is in Vellore, Tamil Nadu, India.

The Corporate was formerly known as Kartik Steels P Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.87 Cr.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹3.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Christian Marin, Karthik Sundaram, and Pierre Munch serve as directors at the Company.

Company Details

  • Location

    Vellore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101TN1980PLC008277

  • Company No.

    008277

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 May 1980

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Company report

Kartik Steels Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Christian Marin Country flag representing Fr Director 13-Nov-2017Current
Karthik Sundaram Country flag representing In Director 22-Feb-2019Current
Pierre Munch Country flag representing Fr Director 31-Mar-2022Current

Financial Performance of Kartik Steels.

Kartik Steels Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 43.17% increase. The company also saw a substantial improvement in profitability, with a 50.17% increase in profit. The company's net worth Soared by an impressive increase of 288.02%.

Kartik Steels revenue growth over time
Kartik 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
43.17%
Revenue from Operations
53.32%
Total Assets
80.72%
Profit or Loss
50.17%
Net Worth
288.02%
EBITDA
61.88%

What is the Ownership and Shareholding Structure of Kartik Steels?

In 2020, Kartik Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹3.52 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2021Axis Bank Limited₹1.00 CrOpen
29 Dec 2008Axis Bank Limited₹2.00 CrOpen
29 Aug 2007The Hongkong And Shanghai Banking Corporation₹2.00 CrSatisfied
10 May 1995M/S. Indian Bank₹8.00 MSatisfied
05 Jan 1983State Industries Promotion Corporation Of Tamil Nadu Ltd₹2.89 MSatisfied

How Many Employees Work at Kartik Steels?

Kartik Steels has a workforce of 14 employees as of Apr 02, 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 Kartik Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kartik 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 Kartik 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 Kartik Steels

Recent activity within the organization

  • Annual General Meeting

    Kartik Steels Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Kartik Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Pierre Michel Gilbert Munch was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100423351 was registered on 03 Feb 2021.

  • Charges

    A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 29 Dec 2008 with Charge ID 10142753 was modified on 07 May 2020.

  • Director Appointment

    Karthik Kumar Sundaram was appointed as a Director was appointed as a Director on 22 Feb 2019 & has been associated with this company since 6 years 3 months .

Frequently asked questions

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

    Kartik Steels Limited was incorporated on 26 May 1980.

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

    The authorized share capital of Kartik Steels Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.87 Cr.

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

    Currently 3 directors are associated with Kartik Steels Limited.

    • Christian Marin
    • Karthik Kumar Sundaram
    • Pierre Michel Gilbert Munch

  • What is the registered address of Kartik Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kartik Steels Limited is Plot No.52 53 Sipcot Industrial Complex India, Ranipet, Tamil Nadu, 632403.

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

    The corporate identification number (CIN) of Kartik Steels Limited is U27101TN1980PLC008277 and the company number is 008277 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Kartik Steels Limited has risen by 43.17%.

  • How many employees does Kartik Steels Limited currently have?

    As Per 2020 financial reports, 14 employees are currently employed by Kartik Steels Limited.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Kartik Steels Limited has experienced an upsurge of 288.02%.

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

    As per the financial statements for fiscal Year 2020, The total open charges for Kartik Steels Limited amount to ₹ 3.00 Cr.

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

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

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