Palakkad Steels Pvt Ltd

Manufacturer and distributor of various iron and steel products since 1992.

1992 | Palakkad, Kerala (India) | Active
Last Updated: January 13, 2025

Palakkad Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.44 M
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.81 Cr
  • Revenue Growth -33.15%
  • Profit Growth -242.18%
  • Ebitda -154.23%
  • Net Worth -26.96%
  • Total Assets -1.28%

About Palakkad Steels

Palakkad Steels Pvt Ltd (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 1992 and has a history of 32 years and seven months. Its registered office is in Palakkad, Kerala, 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 1.00 Cr and a paid-up capital of Rs 6.44 M.

The company currently has active open charges totaling ₹3.81 Cr.

Richa Tantia and Shyamlaltantia Shanthidevi serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106KL1992PTC006550

  • Company No.

    006550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

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

Executive Team (1)

Name Designation Appointment Date Status
Richa Tantia Country flag representing In Managing Director 02-Oct-2006 Current

Board Members (1)

Name Designation Appointment Date Status
Shyamlaltantia Shanthidevi Country flag representing In Director 02-Oct-2006 Current

Financial Performance of Palakkad Steels.

Palakkad Steels Pvt Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 33.15% decrease. The company also saw a substantial fall in profitability, with a 242.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 26.96%.

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
-33.15%
Revenue from Operations
-33.17%
Total Assets
-1.28%
Profit or Loss
-242.18%
Net Worth
-26.96%
EBITDA
-154.23%

What is the Ownership and Shareholding Structure of Palakkad Steels?

In 2020, Palakkad 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.81 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.13 Cr
  • The State Bank Of India : 0.68 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2021 State Bank Of India ₹1.48 Cr Open
05 Feb 2016 State Bank Of India ₹1.20 Cr Open
24 Nov 2004 The State Bank Of India ₹6.00 M Open
18 Feb 2000 State Bank Of India ₹4.50 M Open
03 Feb 1994 The State Bank Of India ₹0.75 M Open

How Many Employees Work at Palakkad Steels?

Palakkad Steels has a workforce of 26 employees as of Apr 08, 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 Palakkad 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 Palakkad 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 Palakkad Steels

Recent activity within the organization

  • Annual General Meeting

    Palakkad Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Palakkad Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.48 Cr with Charge ID 100521248 was registered on 07 Dec 2021.

    07 Dec 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.20 Cr with Charge ID 100054455 was registered on 05 Feb 2016.

    05 Feb 2016

  • Director Appointment

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

    02 Oct 2006

  • 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

  • Palakkad Steels Pvt Ltd was incorporated on 15 Jun 1992.

  • The authorized share capital of Palakkad Steels Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 6.44 M.

  • Currently 2 directors are associated with Palakkad Steels Pvt Ltd.

    • Richa Tantia
    • Shyamlaltantia Shanthidevi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palakkad Steels Pvt Ltd is Vii- 929/930, Industrial Development Area India, Kanjikode, Kerala, 678623.

  • The corporate identification number (CIN) of Palakkad Steels Pvt Ltd is U27106KL1992PTC006550 and the company number is 006550 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Palakkad Steels Pvt Ltd has fallen by -33.15%.

  • As Per 2020 financial reports, 26 employees are currently employed by Palakkad Steels Pvt Ltd.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Palakkad Steels Pvt Ltd has experienced an downturn of -26.96%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Palakkad Steels Pvt Ltd amount to ₹ 3.81 Cr.

  • The most recent Balance Sheet for Palakkad Steels Pvt Ltd was filed with the ROC on 31 Mar 2023.

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