Panchmahal Steel Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 19.08 Cr
- Company Age 52 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 222.00 Cr
- Satisfied Charges ₹ 183.50 Cr
- Revenue Growth -15.16%
- Profit Growth -97.65%
- Ebitda -79.57%
- Net Worth -3.83%
- Total Assets -1.14%
About Panchmahal Steel
Panchmahal Steel Ltd (PSL) was founded in India on 12 September 1972 and has a glorious history of 52 years and five months. Its registered office is in Na, Gujarat.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513511.
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 40.00 Cr and a paid-up capital of Rs 19.08 Cr.
The company currently has active open charges totaling ₹222.00 Cr. The company has closed loans amounting to ₹183.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Panchmahal Steel Ltd India are Nilesh Shah as CFO and Deepak Nagar as Company Secretary. Milan Shah, Ashok Malhotra, Amal Dhru, and Three other members serve as directors at the Company.
Company Details
- Location Na, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27104GJ1972PLC002153
- Company No.
002153
- Stock Symbol
BSE : 513511
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Sep 1972
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Panchmahal Steel Ltd offer?
Panchmahal Steel Ltd offers a wide range of products and services, including Welding Equipments & Machinery, Tig Welding Spares, Electrical Cables & Wires, House Wire, Metal and Alloy Wires, Metal Wire, Welding Wires, Stainless Steel Wire, Engineering and Shipping Ropes, Wire Ropes.
Who are the key members and board of directors at Panchmahal Steel?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Malhotra  | Managing Director | 14-Nov-2014 | Current |
| Nilesh Shah | CFO | 30-Jun-2020 | Current |
| Deepak Nagar | Company Secretary | 08-Dec-2003 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Samir Parikh | Director | 04-Feb-2019 | Current |
| Amal Dhru | Director | 30-Jan-2004 | Current |
| Milan Shah | Director | 01-Sep-2006 | Current |
| Kalpesh Parmar | Director | 14-Feb-2020 | Current |
| Suchita Shah | Director | 31-Mar-2015 | Current |
Financial Performance of Panchmahal Steel.
Panchmahal Steel Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.16% decrease. The company also saw a substantial fall in profitability, with a 97.65% decrease in profit. The company's net worth dipped by a decrease of 3.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Panchmahal Steel?
In 2023, Panchmahal Steel had a promoter holding of 74.90% and a public holding of 25.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mafatlal Services LimitedMilan Shah is a mutual person
Naman Integrated Management Services Private LimitedSamir Parikh is a mutual person
Vrata Tech Solutions Private LimitedMilan Shah is a mutual person
- Honeyvick Enterprises Private Limited
Ashok Malhotra, Kalpesh Parmar and 1 more are mutual person
- Amal Datt & Associates Llp
Amal Dhru is a mutual person
- Dsp Fund Managers Ifsc Private Limited
Amal Dhru is a mutual person
Charges (Loans)
₹222.00 Cr
₹183.50 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 222.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 1985 | Sbicap Trustee Company Limited | ₹222.00 Cr | Open |
| 27 Jan 2011 | Axis Trustee Services Limited | ₹2.40 M | Satisfied |
| 25 Aug 2010 | Axis Trustee Services Limited | ₹1.84 Cr | Satisfied |
| 02 Feb 2010 | Axis Trustee Services Limited | ₹94.22 Cr | Satisfied |
| 29 Jan 2008 | State Bank Of Saurashtra | ₹16.30 Cr | Satisfied |
How Many Employees Work at Panchmahal Steel?
Panchmahal Steel has a workforce of 526 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Panchmahal 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 Panchmahal Steel's trajectory.
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.
