

Panesar Steel And Power Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.09 Cr
- Company Age 20 Year, 6 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 103.93 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 20 years. Its registered office is in Sundergarh, Odisha, 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 ₹103.93 Cr.
Paramjit Panesar, Gagandeep Panesar, Prabhjit Panesar, and Six other members serve as directors at the Company.
Company Details
- Location
Sundergarh, Odisha, 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 |
---|---|---|---|
Paramjit Panesar ![]() | Director | 11-Nov-2019 | Current |
Gagandeep Panesar ![]() | Director | 11-Nov-2019 | Current |
Prabhjit Panesar ![]() | Director | 11-Nov-2019 | Current |
Laxmikanta Sharma ![]() | Director | 31-Mar-2023 | Current |
Sanjay Kumar ![]() | Director | 31-Mar-2023 | Current |
Prabhjot Singh ![]() | Director | 11-Nov-2019 | 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%.


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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 Limited
Sarabjit Panesar is a mutual person
- Bamdeb Agro Private Limited
Paramjit Panesar, Prabhjot Singh and 1 more are mutual person
- Indersons Academy Private Limited
Paramjit Panesar and Dilraj Panesar are mutual person
- Daya Engineering Works (Sleeper) Limited
Laxmikanta Sharma and Sanjay Kumar are mutual person
- Vsa Integral Advisors Llp
Laxmikanta Sharma is a mutual person
- Span Ispat Profiles Private Limited
Sanjay Kumar is a mutual person
Charges (Loans)
₹103.93 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 61.21 Cr
- Canara Bank : 42.72 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
08 May 2024 | Hdfc Bank Limited | ₹36.80 Cr | Open |
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.
Latest Updates, News, and FAQs on Panesar Steel And Power
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.80 Cr with Charge ID 100954213 was registered on 08 May 2024.
- Annual General Meeting
Panesar Steel And Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Canara Bank of Rs. 42.72 Cr registered on 09 Jun 2020 with Charge ID 100363738 was modified on 26 Jun 2023.
- Balance Sheet
Panesar Steel And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
- Director Appointment
Laxmikanta Sharma was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Sanjay Sharma Kumar was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 11 months .
Frequently asked questions
What is the Incorporation or founding date of Panesar Steel And Power Limited?
Panesar Steel And Power Limited was incorporated on 21 Mar 2005.
What is authorized share capital and paid-up capital of Panesar Steel And Power Limited?
The authorized share capital of Panesar Steel And Power Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.09 Cr.
Who are the current board members & directors of Panesar Steel And Power Limited?
Currently 9 directors are associated with Panesar Steel And Power Limited.
- Paramjit Kaur Panesar
- Gagandeep Singh Panesar
- Prabhjit Singh Panesar
- Laxmikanta Sharma
- Sanjay Sharma Kumar
- Prabhjot Singh
- Dilraj Kaur Panesar
- Sarabjit Singh Panesar
- Manjit Singh Panesar
What is the registered address of Panesar Steel And Power Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Panesar Steel And Power Limited is 75A, Kalunga Industrial Estatep O Kalunga India, Orissa Sundargarh, 770031.
What is the corporate identification number (CIN) and company number of Panesar Steel And Power Limited?
The corporate identification number (CIN) of Panesar Steel And Power Limited is U27104OR2005PLC008079 and the company number is 008079 as per Ministry of Corporate Affairs (MCA).
What is the official website of Panesar Steel And Power Limited?
The Official website of Panesar Steel And Power Limited is https://www.panesarsteel.com
What has been the recent revenue trend for Panesar Steel And Power Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Panesar Steel And Power Limited has risen by 12.53%.
How many employees does Panesar Steel And Power Limited currently have?
As Per 2023 financial reports, 22 employees are currently employed by Panesar Steel And Power Limited.
What change has been observed in the net worth of Panesar Steel And Power Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Panesar Steel And Power Limited has experienced an downturn of -41.02%.
What are the total open charges for Panesar Steel And Power Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Panesar Steel And Power Limited amount to ₹ 103.93 Cr.
When was the last Balance Sheet of Panesar Steel And Power Limited filed with the ROC?
The most recent Balance Sheet for Panesar Steel And Power Limited was filed with the ROC on 31 Mar 2023.
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