Kusum Steels Ltd

Steel trading and manufacturing of various metal products and by-products.

1979 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Kusum Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.70 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 46 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth %
  • Profit Growth 95.55%
  • Ebitda -24.27%
  • Net Worth -0.12%
  • Total Assets -3.55%

About Kusum Steels

Kusum Steels Ltd (KSL) is a Public Limited Indian Non-Government Company incorporated in India on 12 January 1979 and has a history of 46 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Kusum Steels Pvt Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.70 Cr and a paid-up capital of Rs 2.70 Cr.

The company currently has active open charges totaling ₹2.00 Cr.

Apnesh Modi, Piyush Modi, and Amit Kumar serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310WB1979PLC031845

  • Company No.

    031845

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 1979

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Board Members (3)

NameDesignationAppointment DateStatus
Apnesh Modi Country flag representing In Director 04-Nov-2020Current
Piyush Modi Country flag representing In Director 05-Jun-2020Current
Amit Kumar Country flag representing In Director 04-Nov-2020Current

Financial Performance of Kusum Steels.

Kusum Steels Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 95.55% increase in profit. The company's net worth dipped by a decrease of 0.12%.

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
Revenue from Operations
Total Assets
-3.55%
Profit or Loss
95.55%
Net Worth
-0.12%
EBITDA
-24.27%

What is the Ownership and Shareholding Structure of Kusum Steels?

In 2023, Kusum 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

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Reconstruction Bank Of India : 1.05 Cr
  • State Bank Of India : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jan 1990Industrial Reconstruction Bank Of India₹5.70 MOpen
24 Oct 1987State Bank Of India₹9.50 MOpen
09 Jul 1985Industrial Reconstruction Bank Of India₹4.80 MOpen

How Many Employees Work at Kusum Steels?

Unlock and access historical data on people associated with Kusum 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 Kusum 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 Kusum 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 Kusum Steels

Recent activity within the organization

  • Annual General Meeting

    Kusum Steels Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Kusum Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Apnesh Modi was appointed as a Director was appointed as a Director on 04 Nov 2020 & has been associated with this company since 4 years 2 months .

    04 Nov 2020

  • Director Appointment

    Amit Kumar was appointed as a Director was appointed as a Director on 04 Nov 2020 & has been associated with this company since 4 years 2 months .

    04 Nov 2020

  • Director Appointment

    Piyush Modi was appointed as a Director was appointed as a Director on 05 Jun 2020 & has been associated with this company since 4 years 7 months .

    05 Jun 2020

  • Charges

    A charge with Industrial Reconstruction Bank Of India amounted to Rs. 0.57 Cr with Charge ID 90245131 was registered on 19 Jan 1990.

    19 Jan 1990

Frequently asked questions

  • Kusum Steels Ltd was incorporated on 12 Jan 1979.

  • The authorized share capital of Kusum Steels Ltd is ₹ 2.70 Cr and paid-up capital is ₹ 2.70 Cr.

  • Currently 3 directors are associated with Kusum Steels Ltd.

    • Apnesh Modi
    • Piyush Modi
    • Amit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kusum Steels Ltd is Nam Complex 5Th Floor Phase-1 New Alipore, India, Kolkata, West Bengal, 700053.

  • The corporate identification number (CIN) of Kusum Steels Ltd is U27310WB1979PLC031845 and the company number is 031845 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kusum Steels Ltd has experienced an downturn of -0.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kusum Steels Ltd amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Kusum Steels Ltd was filed with the ROC on 31 Mar 2023.

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