Multimelt Steels Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
as on 16-06-2024
- Paid Up Capital ₹ 2.39 M
as on 16-06-2024
- Company Age 44 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 39.90 M
as on 16-06-2024
- Satisfied Charges ₹ 537.20 M
as on 16-06-2024
- Revenue -9.22%
(FY 2023)
- Profit 379.92%
(FY 2023)
- Ebitda 24.28%
(FY 2023)
- Net Worth -12.08%
(FY 2023)
- Total Assets -5.74%
(FY 2023)
About Multimelt Steels
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 2.40 M and a paid-up capital of Rs 2.39 M.
The company currently has active open charges totaling ₹3.99 Cr. The company has closed loans amounting to ₹53.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Deepak Garg, Kamlesh Garg, and Navroj Garg serve as directors at the Company.
- CIN/LLPIN
U27109PB1979PTC004068
- Company No.
004068
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Oct 1979
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Punjab, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Multimelt Steels Private Limited offer?
Multimelt Steels Private Limited offers a wide range of products and services, including Industrial & Engineering Goods, Surface Plates.
Who are the key members and board of directors at Multimelt Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Garg  | Managing Director | 15-Aug-1990 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamlesh Garg | Director | 01-Apr-2001 | Current |
| Navroj Garg | Whole-Time Director | 11-Jan-2017 | Current |
Financial Performance and Corporate Structure Insights of Multimelt Steels.
Multimelt Steels Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.22% decrease. The company also saw a substantial improvement in profitability, with a 379.92% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Multimelt Steels?
In 2023, Multimelt 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.
Related Corporates (Common Directorship)
Saraf Electricals Private Limited
Active
36 years 5 months Deepak Garg and Kamlesh Garg are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 02 Dec 2021 | ₹4.90 M | Open |
Others Creation Date: 31 Mar 2017 | ₹3.50 Cr | Open |
Others Creation Date: 30 Mar 2016 | ₹1.50 Cr | Satisfied |
How Many Employees Work at Multimelt Steels?
Multimelt Steels has a workforce of 37 employees as of Apr 07, 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.
Deals i
As of Apr 14, 2009, Multimelt Steels has raised a total of ₹ 2.8 M, with the most recent deal valued at ₹ 1.4 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
Rating
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
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.
