Panchratan Steels Private Limited

Manufacturer and supplier of stainless steel products, certified for quality and variety.

2010 | Mahesana, Gujarat (India) | Active
Last Updated: October 24, 2024

Panchratan Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 15 Year, 1 Day
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.12 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 9.69%
  • Profit Growth 50.79%
  • Ebitda 18.80%
  • Net Worth 25.60%
  • Total Assets 5.94%

About Panchratan Steels

Panchratan Steels Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 2010 and has a history of 15 years. Its registered office is in Mahesana, Gujarat, 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 7.50 M.

The company currently has active open charges totaling ₹6.12 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rameshkumar Shah, Jagdish Shah, and Jayesh Shah serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ2010PTC059556

  • Company No.

    059556

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Panchratan Steels Private Limited offer?

Panchratan Steels Private Limited offers a wide range of products and services, including Stainless Steel Bars, Stainless Steel Hexagon Bar, Stainless Steel Flat Bars, Metal Angles, Stainless Steel Angle, Stainless Steel Round Bar, Stainless Steel Square Bar.

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

Board Members (3)

Name Designation Appointment Date Status
Rameshkumar Shah Country flag representing In Director 12-Feb-2010 Current
Jagdish Shah Country flag representing In Director 19-Feb-2020 Current
Jayesh Shah Country flag representing In Director 19-Feb-2020 Current

Financial Performance of Panchratan Steels.

Panchratan Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.69% increase. The company also saw a substantial improvement in profitability, with a 50.79% increase in profit. The company's net worth Soared by an impressive increase of 25.6%.

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
9.69%
Revenue from Operations
9.15%
Total Assets
5.94%
Profit or Loss
50.79%
Net Worth
25.60%
EBITDA
18.80%

What is the Ownership and Shareholding Structure of Panchratan Steels?

In 2023, Panchratan Steels had a promoter holding of 86.80% and a public holding of 13.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.12 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr
  • Sidbi : 2.62 Cr

Latest Charge Details

Date Lender Amount Status
14 Sep 2023 Sidbi ₹2.62 Cr Open
02 Sep 2021 Others ₹3.50 Cr Open
06 Oct 2010 Others ₹2.50 Cr Satisfied
01 Oct 2010 Others ₹2.50 Cr Satisfied

How Many Employees Work at Panchratan Steels?

Panchratan Steels has a workforce of 28 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 Panchratan 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 Panchratan 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 Panchratan Steels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3.50 Cr registered on 02 Sep 2021 with Charge ID 100476756 was modified on 22 Dec 2023.

    22 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.62 Cr with Charge ID 100778646 was registered on 14 Sep 2023.

    14 Sep 2023

  • Balance Sheet

    Panchratan Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100476756 was registered on 02 Sep 2021.

    02 Sep 2021

  • Director Appointment

    Jagdish Amrutlal Shah was appointed as a Director was appointed as a Director on 19 Feb 2020 & has been associated with this company since 4 years 11 months .

    19 Feb 2020

Frequently asked questions

  • Panchratan Steels Private Limited was incorporated on 12 Feb 2010.

  • The authorized share capital of Panchratan Steels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Panchratan Steels Private Limited.

    • Rameshkumar Shah
    • Jagdish Amrutlal Shah
    • Jayesh Babulal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panchratan Steels Private Limited is Plot No. 40/41/42 Ranasan Gidc Ashram Chokdi Mahudi Road Ranasan, India, Vijapur, Gujarat, 382870.

  • The corporate identification number (CIN) of Panchratan Steels Private Limited is U27100GJ2010PTC059556 and the company number is 059556 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Panchratan Steels Private Limited is https://www.panchratansteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panchratan Steels Private Limited has risen by 9.69%.

  • As Per 2023 financial reports, 28 employees are currently employed by Panchratan Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panchratan Steels Private Limited has experienced an upsurge of 25.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panchratan Steels Private Limited amount to ₹ 6.12 Cr.

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

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