Newmalayalam Steel Limited

Founded in 2017 and headquartered in Kerala, India.

2017 | Thrissur, Kerala (India) | Active
Last Updated: November 16, 2024

Newmalayalam Steel Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 12.65 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 92.19 Cr
  • Satisfied Charges ₹ 34.00 Cr
  • Revenue Growth 11.23%
  • Profit Growth -10.78%
  • Ebitda -3.46%
  • Net Worth 19.89%
  • Total Assets -2.96%

About Newmalayalam Steel

Newmalayalam Steel Limited (NSL) is a Public Limited Indian Non-Government Company incorporated in India on 31 March 2017 (Seven years and ten months 3 days old ). Its registered office is in Thrissur, Kerala, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 12.65 Cr.

The company currently has active open charges totaling ₹92.19 Cr. The company has closed loans amounting to ₹34.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Newmalayalam Steel Limited India are Shravan Dev as COMPANY SECRETARY and Rahul Jain as Cfo. Suman Jain, Divya Jain, Rahul Abraham, and Six other members serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27209KL2017PLC048762

  • Company No.

    048762

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

Who are the key members and board of directors at Newmalayalam Steel?

Executive Team (3)

Name Designation Appointment Date Status
Varghese Davis Country flag representing In Managing Director 31-Mar-2017 Current
Shravan Dev Country flag representing In Company Secretary 05-Dec-2020 Current
Rahul Jain CFO 18-Apr-2024 Current

Board Members (8)

Name Designation Appointment Date Status
Suman Jain Country flag representing In Director 01-Nov-2018 Current
Divya Jain Country flag representing In Director 08-Aug-2017 Current
Rahul Abraham Country flag representing In Director 26-Dec-2023 Current
Cyriac Varghese Country flag representing In Whole-Time Director 31-Mar-2017 Current
Molly Varghese Country flag representing In Whole-Time Director 14-Nov-2018 Current
Veliyath Davies Country flag representing In Director 26-Dec-2023 Current

Financial Performance of Newmalayalam Steel.

Newmalayalam Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.23% increase. The company also saw a substantial fall in profitability, with a 10.78% decrease in profit. The company's net worth Soared by an impressive increase of 19.89%.

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
11.23%
Revenue from Operations
11.60%
Total Assets
-2.96%
Profit or Loss
-10.78%
Net Worth
19.89%
EBITDA
-3.46%

What is the Ownership and Shareholding Structure of Newmalayalam Steel?

In 2023, Newmalayalam Steel had a promoter holding of 83.16% and a public holding of 16.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.19 Cr

Satisfied Charges

₹34.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 61.69 Cr
  • Hdfc Bank Limited : 30.50 Cr

Latest Charge Details

Date Lender Amount Status
08 Dec 2023 Hdfc Bank Limited ₹30.00 Cr Open
21 Feb 2022 Hdfc Bank Limited ₹5.00 M Open
01 Aug 2017 State Bank Of India ₹61.69 Cr Open
16 Jan 2023 Axis Bank Limited ₹14.00 Cr Satisfied
19 Nov 2018 Others ₹6.00 Cr Satisfied

How Many Employees Work at Newmalayalam Steel?

Newmalayalam Steel has a workforce of 96 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 Newmalayalam Steel, 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 Newmalayalam Steel'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 Newmalayalam Steel

Recent activity within the organization

  • Annual General Meeting

    Newmalayalam Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 16 Jan 2023 via Charge ID 100676159 with Axis Bank Limited was fully satisfied on 22 May 2024.

    22 May 2024

  • Director Appointment

    Rahul Jain was appointed as a Cfo was appointed as a Cfo on 18 Apr 2024 & has been associated with this company since 9 months 16 days .

    18 Apr 2024

  • Balance Sheet

    Newmalayalam Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Jijo Maliyakkal was appointed as a Director was appointed as a Director on 15 Jan 2024 & has been associated with this company since 1 year 18 days .

    15 Jan 2024

  • Director Appointment

    Rahul Mamman Abraham was appointed as a Director was appointed as a Director on 26 Dec 2023 & has been associated with this company since 1 year 1 month .

    26 Dec 2023

Frequently asked questions

  • Newmalayalam Steel Limited was incorporated on 31 Mar 2017.

  • The authorized share capital of Newmalayalam Steel Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.65 Cr.

  • Currently 11 directors are associated with Newmalayalam Steel Limited.

    • Suman Jain
    • Divya Kumar Jain
    • Rahul Mamman Abraham
    • Varghese Vazhappily Davis
    • Cyriac Vazhappilly Varghese
    • Molly Varghese
    • Veliyath Antony Davies
    • Shravan Kannan Dev
    • Jijo Maliyakkal
    • Mahendra Kumar Jain
    • Rahul Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Newmalayalam Steel Limited is Door No: 2/546/A 2/546/B Mala Pallipuram P O, Mala India, Thrissur, Kerala, 680732.

  • The corporate identification number (CIN) of Newmalayalam Steel Limited is U27209KL2017PLC048762 and the company number is 048762 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Newmalayalam Steel Limited is https://www.demacsteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Newmalayalam Steel Limited has risen by 11.23%.

  • As Per 2023 financial reports, 96 employees are currently employed by Newmalayalam Steel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Newmalayalam Steel Limited has experienced an upsurge of 19.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Newmalayalam Steel Limited amount to ₹ 92.19 Cr.

  • The most recent Balance Sheet for Newmalayalam Steel Limited was filed with the ROC on 31 Mar 2024.