Padmavati Steels Limited

Manufactures MS bars, ERW pipes, and related products in Punjab since 1999.

1999 | Punjab, Punjab (India) | Active
Last Updated: July 06, 2024

Padmavati Steels Profile

Key Indicators

  • Authorised Capital ₹ 4.80 Cr
  • Paid Up Capital ₹ 4.25 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.91 M
  • Satisfied Charges ₹ 20.75 Cr
  • Revenue Growth -55.85%
  • Profit Growth 222.89%
  • Ebitda 96.55%
  • Net Worth 2.41%
  • Total Assets 5.00%

About Padmavati Steels

Padmavati Steels Limited (PSL) is a Public Limited Indian Non-Government Company incorporated in India on 22 June 1999 and has a history of 25 years and seven months. Its registered office is in Punjab, Punjab, 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 4.80 Cr and a paid-up capital of Rs 4.25 Cr.

The company currently has active open charges totaling ₹5.91 M. The company has closed loans amounting to ₹20.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunita Garg, Kailash Chand, Sanjay Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310PB1999PLC022708

  • Company No.

    022708

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Board Members (5)

Name Designation Appointment Date Status
Sunita Garg Country flag representing In Director 31-Dec-2013 Current
Kailash Chand Country flag representing In Whole-Time Director 01-Dec-2004 Current
Sanjay Jain Country flag representing In Director 01-Aug-2014 Current
Jagdish Chander Country flag representing In Director 25-Aug-2019 Current
Bijender Jain Country flag representing In Director 01-Sep-2014 Current

Financial Performance of Padmavati Steels.

Padmavati Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.85% decrease. The company also saw a substantial improvement in profitability, with a 222.89% increase in profit. The company's net worth moved up by a moderate rise of 2.41%.

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
-55.85%
Revenue from Operations
Total Assets
5.00%
Profit or Loss
222.89%
Net Worth
2.41%
EBITDA
96.55%

What is the Ownership and Shareholding Structure of Padmavati Steels?

In 2022, Padmavati Steels had a promoter holding of 52.15% and a public holding of 47.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.59 Cr

Satisfied Charges

₹20.75 Cr

Charges Breakdown by Lending Institutions

  • District Industries Centre : 0.30 Cr
  • Hdfc Bank Limited : 0.29 Cr

Latest Charge Details

Date Lender Amount Status
28 Dec 2018 Hdfc Bank Limited ₹1.46 M Open
28 Dec 2018 Hdfc Bank Limited ₹1.46 M Open
06 Feb 2009 District Industries Centre ₹3.00 M Open
21 Aug 2020 Others ₹1.63 Cr Satisfied
26 Sep 2018 Others ₹8.65 Cr Satisfied

How Many Employees Work at Padmavati Steels?

Padmavati Steels has a workforce of 2 employees as of Mar 24, 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 Padmavati 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 Padmavati 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 Padmavati Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Padmavati Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 26 Sep 2018 via Charge ID 100223008 with Others was fully satisfied on 10 Aug 2021.

    10 Aug 2021

  • Charges

    A charge registered on 21 Aug 2020 via Charge ID 100370864 with Others was fully satisfied on 03 Aug 2021.

    03 Aug 2021

  • Charges

    A charge with Others amounted to Rs. 1.63 Cr with Charge ID 100370864 was registered on 21 Aug 2020.

    21 Aug 2020

  • Director Appointment

    Jagdish Chander was appointed as a Director was appointed as a Director on 25 Aug 2019 & has been associated with this company since 5 years 5 months .

    25 Aug 2019

Frequently asked questions

  • Padmavati Steels Limited was incorporated on 22 Jun 1999.

  • The authorized share capital of Padmavati Steels Limited is ₹ 4.80 Cr and paid-up capital is ₹ 4.25 Cr.

  • Currently 5 directors are associated with Padmavati Steels Limited.

    • Sunita Rani Garg
    • Kailash Chand
    • Sanjay Jain
    • Jagdish Chander
    • Bijender Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Padmavati Steels Limited is Sangrur Road Dirbadistt Sangrur, Punjab, India.

  • The corporate identification number (CIN) of Padmavati Steels Limited is U27310PB1999PLC022708 and the company number is 022708 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Padmavati Steels Limited is https://www.padmavatisteel.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Padmavati Steels Limited has fallen by -55.85%.

  • As Per 2023 financial reports, 2 employees are currently employed by Padmavati Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Padmavati Steels Limited has experienced an upsurge of 2.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Padmavati Steels Limited amount to ₹ 5.91 M.

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

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing