Panem Industries Private Limited

Manufactures MS ingots, HR strips, pipes, and scaffolding with facilities in Uttar Pradesh.

1990 | Fatehpur, Uttar Pradesh (India) | Active
Last Updated: July 04, 2024

Panem Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.77 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.33 Cr
  • Satisfied Charges ₹ 35.66 Cr
  • Revenue Growth 50.00%
  • Profit Growth 31.54%
  • Ebitda 2.36%
  • Net Worth 9.33%
  • Total Assets 33.74%

About Panem Industries

Panem Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 November 1990 and has a history of 34 years and two months. Its registered office is in Fatehpur, Uttar Pradesh, India.

The Corporate was formerly known as Panem Steels 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 2.25 Cr and a paid-up capital of Rs 1.77 Cr.

The company currently has active open charges totaling ₹49.33 Cr. The company has closed loans amounting to ₹35.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharda Nemani, Rishi Katyal, Manoj Nemani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Fatehpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109UP1990PTC012439

  • Company No.

    012439

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

What products or services does Panem Industries Private Limited offer?

Panem Industries Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel Profile, Steel Pipes and Tubes, ERW Pipes, Hollow Sections.

Who are the key members and board of directors at Panem Industries?

Board Members (6)

Name Designation Appointment Date Status
Sharda Nemani Country flag representing In Director 26-Mar-2014 Current
Rishi Katyal Country flag representing In Director 23-Jan-2010 Current
Manoj Nemani Country flag representing In Director 25-Jun-2012 Current
Praveen Nemani Country flag representing In Director 01-Jan-2005 Current
Vinay Dubey Country flag representing In Director 16-Apr-2018 Current
Ena Katyal Country flag representing In Director 28-Mar-2016 Current

Financial Performance of Panem Industries.

Panem Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50% increase. The company also saw a substantial improvement in profitability, with a 31.54% increase in profit. The company's net worth moved up by a moderate rise of 9.33%.

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
50.00%
Revenue from Operations
49.65%
Total Assets
33.74%
Profit or Loss
31.54%
Net Worth
9.33%
EBITDA
2.36%

What is the Ownership and Shareholding Structure of Panem Industries?

In 2023, Panem Industries 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

₹49.33 Cr

Satisfied Charges

₹35.66 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 46.57 Cr
  • Others : 1.40 Cr
  • The Pradeshiya Industrial & Investment Corporation Of Up Ltd : 1.36 Cr

Latest Charge Details

Date Lender Amount Status
30 Apr 2023 Others ₹9.00 M Open
23 Mar 2023 Others ₹5.00 M Open
30 Dec 2005 State Bank Of India ₹46.57 Cr Open
15 May 2001 The Pradeshiya Industrial & Investment Corporation Of Up Ltd ₹5.20 M Open
20 Jul 1996 The Pradeshiya Industrial & Investment Corporation Of Up Ltd ₹8.35 M Open

How Many Employees Work at Panem Industries?

Panem Industries has a workforce of 86 employees as of Mar 29, 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 Panem 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 Panem 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 Panem Industries

Recent activity within the organization

  • Annual General Meeting

    Panem Industries 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 Others amounted to Rs. 0.90 Cr with Charge ID 100719889 was registered on 30 Apr 2023.

    30 Apr 2023

  • Balance Sheet

    Panem Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100709879 was registered on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 46.57 Cr registered on 30 Dec 2005 with Charge ID 80020400 was modified on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge registered on 29 Dec 2006 via Charge ID 10031298 with State Bank Of India was fully satisfied on 06 Apr 2021.

    06 Apr 2021

Frequently asked questions

  • Panem Industries Private Limited was incorporated on 08 Nov 1990.

  • The authorized share capital of Panem Industries Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.77 Cr.

  • Currently 6 directors are associated with Panem Industries Private Limited.

    • Sharda Nemani
    • Rishi Katyal
    • Manoj Nemani
    • Praveen Nemani
    • Vinay Kumar Dubey
    • Ena Katyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panem Industries Private Limited is Plot No 795 GudhrauliChaudagra., Fatehpur, Uttar Pradesh, India, 212665.

  • The corporate identification number (CIN) of Panem Industries Private Limited is U27109UP1990PTC012439 and the company number is 012439 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panem Industries Private Limited has been consistent by 50.00%.

  • As Per 2023 financial reports, 86 employees are currently employed by Panem Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panem Industries Private Limited has experienced an upsurge of 9.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panem Industries Private Limited amount to ₹ 49.33 Cr.

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

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