Lal Steels Private Limited

Steel manufacturing and supply company with various products and services.

1995 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Lal Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 30 Year, 21 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.03 Cr
  • Revenue Growth 31.23%
  • Profit Growth -1385.91%
  • Ebitda -89.01%
  • Net Worth -19.30%
  • Total Assets 13.00%

About Lal Steels

Lal Steels Private Limited (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1995 and has a history of 30 years. Its registered office is in Coimbatore, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.39 Cr.

The company currently has active open charges totaling ₹10.03 Cr.

Shyamlaltantia Shanthidevi, Manju Tantia, Renu Tantia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109TZ1995PTC005710

  • Company No.

    005710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals

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

Executive Team (2)

Name Designation Appointment Date Status
Rathanlal Tantia Country flag representing In Managing Director 20-Jan-1995 Current
Sachin Shyamlal Country flag representing In Managing Director 20-Jan-1995 Current

Board Members (4)

Name Designation Appointment Date Status
Manju Tantia Country flag representing In Director 02-Oct-2006 Current
Shyamlaltantia Shanthidevi Country flag representing In Director 02-Oct-2006 Current
Renu Tantia Country flag representing In Director 02-Oct-2006 Current
Sunny Tantia Country flag representing In Director 17-Jan-2017 Current

Financial Performance of Lal Steels.

Lal Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.23% increase. The company also saw a substantial fall in profitability, with a 1385.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.3%.

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
31.23%
Revenue from Operations
31.25%
Total Assets
13.00%
Profit or Loss
-1385.91%
Net Worth
-19.30%
EBITDA
-89.01%

What is the Ownership and Shareholding Structure of Lal Steels?

In 2023, Lal Steels had a promoter holding of 51.09% and a public holding of 48.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.03 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.98 Cr
  • The Federal Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2010 The Federal Bank Limited ₹0.50 M Open
22 Mar 1999 State Bank Of India ₹9.98 Cr Open

How Many Employees Work at Lal Steels?

Lal Steels has a workforce of 37 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Lal Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Lal Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 9.98 Cr registered on 22 Mar 1999 with Charge ID 90000930 was modified on 21 Jan 2023.

    21 Jan 2023

  • Director Appointment

    Sunny Tantia was appointed as a Director was appointed as a Director on 17 Jan 2017 & has been associated with this company since 8 years 23 days .

    17 Jan 2017

  • Charges

    A charge with The Federal Bank Limited amounted to Rs. 0.05 Cr with Charge ID 10240922 was registered on 31 Aug 2010.

    31 Aug 2010

  • Director Appointment

    Shyamlaltantia Shanthidevi was appointed as a Director was appointed as a Director on 02 Oct 2006 & has been associated with this company since 18 years 4 months .

    02 Oct 2006

Frequently asked questions

  • Lal Steels Private Limited was incorporated on 20 Jan 1995.

  • The authorized share capital of Lal Steels Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.39 Cr.

  • Currently 6 directors are associated with Lal Steels Private Limited.

    • Shyamlaltantia Shanthidevi
    • Manju Tantia
    • Renu Tantia
    • Rathanlal Tantia
    • Sachin Kumar Tantia Shyamlal
    • Sunny Tantia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lal Steels Private Limited is A- 6Cheran Nagar Mettupalayam Road India, Coimbatore, Tamil Nadu, 641029.

  • The corporate identification number (CIN) of Lal Steels Private Limited is U27109TZ1995PTC005710 and the company number is 005710 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lal Steels Private Limited has risen by 31.23%.

  • As Per 2023 financial reports, 37 employees are currently employed by Lal Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lal Steels Private Limited has experienced an downturn of -19.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lal Steels Private Limited amount to ₹ 10.03 Cr.

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

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