Panesar Steel And Power Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.09 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 67.13 Cr
- Revenue Growth 12.53%
- Profit Growth -1157.71%
- Ebitda -38.02%
- Net Worth -41.02%
- Total Assets 4.54%
About Panesar Steel And Power
Panesar Steel And Power Limited (PSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 2005 and has a history of 19 years and 11 months. Its registered office is in Orissa Sundargarh, Orissa, India.
The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 3.09 Cr.
The company currently has active open charges totaling ₹67.13 Cr.
Manjit Panesar, Sarabjit Panesar, Paramjit Panesar, and Six other members serve as directors at the Company.
Company Details
- Location
Orissa Sundargarh, Orissa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27104OR2005PLC008079
- Company No.
008079
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Mar 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Panesar Steel And Power?
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manjit Panesar  | Director | 21-Mar-2005 | Current |
| Sarabjit Panesar | Director | 21-Mar-2005 | Current |
| Paramjit Panesar | Director | 11-Nov-2019 | Current |
| Dilraj Panesar | Director | 11-Nov-2019 | Current |
| Prabhjot Singh | Director | 11-Nov-2019 | Current |
| Sanjay Kumar | Director | 31-Mar-2023 | Current |
Financial Performance of Panesar Steel And Power.
Panesar Steel And Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.53% increase. The company also saw a substantial fall in profitability, with a 1157.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.02%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Panesar Steel And Power?
In 2023, Panesar Steel And Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sahej Developer Private LimitedSarabjit Panesar is a mutual person
Bamdeb Agro Private LimitedManjit Panesar, Paramjit Panesar and 1 more are mutual person
- Utkal Metallics Limited
Manjit Panesar and Sarabjit Panesar are mutual person
- Guru Ram Das Steels And Minerals Private Limited
Sarabjit Panesar and Dilraj Panesar are mutual person
- Sahej Infraprojects Private Limited
Sarabjit Panesar is a mutual person
- Indersons Academy Private Limited
Paramjit Panesar and Dilraj Panesar are mutual person
Charges (Loans)
₹67.13 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 42.72 Cr
- Hdfc Bank Limited : 24.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2022 | Hdfc Bank Limited | ₹24.00 Cr | Open |
| 22 Nov 2021 | Hdfc Bank Limited | ₹1.75 M | Open |
| 09 Jun 2020 | Canara Bank | ₹42.72 Cr | Open |
| 25 Apr 2018 | Hdfc Bank Limited | ₹2.38 M | Open |
How Many Employees Work at Panesar Steel And Power?
Panesar Steel And Power has a workforce of 22 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 Panesar Steel And Power, 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 Panesar Steel And Power'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.
