Orient Steel & Industries Ltd

Manufacturer of steel products for rail wagons, irrigation projects, and construction projects.

1956 | Kolkata, West Bengal (India) | Active
Last Updated: June 21, 2024

Orient Steel & Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.37 Cr
  • Paid Up Capital ₹ 2.94 Cr
  • Company Age 68 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 44.00 Cr
  • Revenue Growth 71.81%
  • Profit Growth 203.84%
  • Ebitda 99.75%
  • Net Worth 27.81%
  • Total Assets 10.87%

About Orient Steel & Industries

Orient Steel & Industries Ltd (OSIL) was founded in India on 08 June 1956 and has a glorious history of 68 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Orient Steel & Wire Industries Private Limited. 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 3.37 Cr and a paid-up capital of Rs 2.94 Cr.

The company currently has active open charges totaling ₹44.00 Cr.

The Key Managerial Personnel (KMP) at Orient Steel & Industries Ltd India are Priti Agarwal as COMPANY SECRETARY and Nilesh Rajgarhia as Cfo. Satyam Agarwal, Nirmala Bajoria, Shuchi Rajgarhia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109WB1956PLC023119

  • Company No.

    023119

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1956

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Orient Steel & Industries Ltd offer?

Orient Steel & Industries Ltd offers a wide range of products and services, including Pollution Control Devices & Machines, Air Pollution Control Equipment, Metal & Metal Made Products, Steel Sheets, Steel & Stainless Steel Products, Steel Strips, Steel Sheet Piles, Prefabricated Structures, Prefabricated Buildings, Purlin.

Who are the key members and board of directors at Orient Steel & Industries?

Executive Team (3)

Name Designation Appointment Date Status
Priti Agarwal Country flag representing In Company Secretary 01-Jun-2019 Current
Nilesh Rajgarhia Country flag representing In CFO 14-Feb-2019 Current
Nawal Rajgarhia Country flag representing In Managing Director 10-Jul-1972 Current

Board Members (4)

Name Designation Appointment Date Status
Satyam Agarwal Country flag representing In Director 13-Nov-2021 Current
Nirmala Bajoria Country flag representing In Director 14-Nov-2019 Current
Shuchi Rajgarhia Country flag representing In Whole-Time Director 30-Sep-2014 Current
Mukesh Banka Country flag representing In Director 15-Feb-2018 Current

Financial Performance of Orient Steel & Industries.

Orient Steel & Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 71.81% increase. The company also saw a substantial improvement in profitability, with a 203.84% increase in profit. The company's net worth Soared by an impressive increase of 27.81%.

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
71.81%
Revenue from Operations
75.55%
Total Assets
10.87%
Profit or Loss
203.84%
Net Worth
27.81%
EBITDA
99.75%

What is the Ownership and Shareholding Structure of Orient Steel & Industries?

In 2023, Orient Steel & Industries had a promoter holding of 63.15% and a public holding of 36.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 24.00 Cr
  • Others : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Aug 2021 Others ₹20.00 Cr Open
12 Jul 2004 Uco Bank ₹2.00 Cr Open
11 Mar 2000 Uco Bank ₹22.00 Cr Open

How Many Employees Work at Orient Steel & Industries?

Orient Steel & Industries has a workforce of 33 employees as of Apr 05, 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 Orient Steel & Industries, 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 Orient Steel & Industries'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 Orient Steel & Industries

Recent activity within the organization

  • Annual General Meeting

    Orient Steel & Industries Ltd last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Orient Steel & Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 03 Aug 2021 with Charge ID 100472418 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100472418 was registered on 03 Aug 2021.

    03 Aug 2021

  • Director Appointment

    Nirmala Bajoria was appointed as a Director was appointed as a Director on 14 Nov 2019 & has been associated with this company since 5 years 2 months .

    14 Nov 2019

  • Charges

    A charge with Uco Bank of Rs. 22.00 Cr registered on 11 Mar 2000 with Charge ID 90255967 was modified on 15 Jun 2019.

    15 Jun 2019

Frequently asked questions

  • Orient Steel & Industries Ltd was incorporated on 08 Jun 1956.

  • The authorized share capital of Orient Steel & Industries Ltd is ₹ 3.37 Cr and paid-up capital is ₹ 2.94 Cr.

  • Currently 8 directors are associated with Orient Steel & Industries Ltd.

    • Priti Agarwal
    • Satyam Agarwal
    • Nilesh Rajgarhia
    • Nirmala Bajoria
    • Shuchi Rajgarhia
    • Nilesh Rajgarhia
    • Nawal Kishore Rajgarhia
    • Mukesh Banka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Orient Steel & Industries Ltd is 2 Brabourne Road5Th Floor, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Orient Steel & Industries Ltd is L27109WB1956PLC023119 and the company number is 023119 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Orient Steel & Industries Ltd is https://www.orientsteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Orient Steel & Industries Ltd has risen by 71.81%.

  • As Per 2023 financial reports, 33 employees are currently employed by Orient Steel & Industries Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Orient Steel & Industries Ltd has experienced an upsurge of 27.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Orient Steel & Industries Ltd amount to ₹ 44.00 Cr.

  • The most recent Balance Sheet for Orient Steel & Industries Ltd was filed with the ROC on 31 Mar 2023.

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