Parikh Steel Pvt Ltd

Imports and exports steel products such as plates, coils, pipes, and bars.

1971 | Kolkata, West Bengal (India) | Active
Last Updated:

Parikh Steel Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 53 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.97 Cr
  • Satisfied Charges ₹ 14.22 Cr
  • Revenue Growth 7.91%
  • Profit Growth 101.92%
  • Ebitda 196.47%
  • Net Worth 0.13%
  • Total Assets -12.45%

About Parikh Steel

Parikh Steel Pvt Ltd (PSPL) was founded in India on 03 December 1971 and has a glorious history of 53 years and three months.Its registered office is in Kolkata, West Bengal, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹6.97 Cr. The company has closed loans amounting to ₹14.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karuna Parikh, Nayantara Parikh, and Pushpendra Tyagi serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parikhsteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28999WB1971PTC043848

  • Company No.

    043848

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Parikh Steel Pvt Ltd offer?

Parikh Steel Pvt Ltd offers a wide range of products and services, including Application Software Packages, Steel Cutting Services, MS Plate Cutting, Galvanized Pipe, Welded Galvanized Pipe, Steel and Stainless Steel Coils, Galvanized Coils, Cutting Services, CNC Machines, CNC Cutting Machine.

Who are the key members and board of directors at Parikh Steel?

Board Members (3)

NameDesignationAppointment DateStatus
Karuna Parikh Country flag representing In Director 15-Dec-2008Current
Nayantara Parikh Country flag representing In Director 29-Oct-2019Current
Pushpendra Tyagi Country flag representing In Director 12-Jun-2023Current

Financial Performance of Parikh Steel.

Parikh Steel Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 7.91% increase. The company also saw a substantial improvement in profitability, with a 101.92% increase in profit. The company's net worth moved up by a moderate rise of 0.13%.

Parikh Steel revenue growth over time
Parikh Steel 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
7.91%
Revenue from Operations
7.81%
Total Assets
-12.45%
Profit or Loss
101.92%
Net Worth
0.13%
EBITDA
196.47%

What is the Ownership and Shareholding Structure of Parikh Steel?

In 2023, Parikh Steel had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.97 Cr

Satisfied Charges

₹14.22 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 5.00 Cr
  • Punjab National Bank : 1.80 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2022Hdfc Bank Limited₹0.69 MOpen
28 Jul 2022Hdfc Bank Limited₹1.00 MOpen
20 Mar 2009Punjab National Bank₹1.80 CrOpen
01 Jan 2007Standard Chartered Bank₹5.00 CrOpen
24 Oct 2016Others₹1.34 CrSatisfied

How Many Employees Work at Parikh Steel?

Parikh Steel has a workforce of 11 employees as of Mar 30, 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.

Employee growth trends for Parikh Steel Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parikh 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 Parikh Steel'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 Parikh Steel

Recent activity within the organization

  • Annual General Meeting

    Parikh Steel Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Pushpendra Tyagi was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Parikh Steel Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100607188 was registered on 29 Jul 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100602288 was registered on 28 Jul 2022.

  • Charges

    A charge registered on 08 Dec 2007 via Charge ID 10100763 with Reliance Capital Ltd was fully satisfied on 05 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Parikh Steel Pvt Ltd?

    Parikh Steel Pvt Ltd was incorporated on 03 Dec 1971.

  • What is authorized share capital and paid-up capital of Parikh Steel Pvt Ltd?

    The authorized share capital of Parikh Steel Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Parikh Steel Pvt Ltd?

    Currently 3 directors are associated with Parikh Steel Pvt Ltd.

    • Karuna Parikh
    • Nayantara Parikh
    • Pushpendra Tyagi

  • What is the registered address of Parikh Steel Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parikh Steel Pvt Ltd is 216/3A A.J.C Bose Road India, Kolkata, West Bengal, 700017.

  • What is the corporate identification number (CIN) and company number of Parikh Steel Pvt Ltd?

    The corporate identification number (CIN) of Parikh Steel Pvt Ltd is U28999WB1971PTC043848 and the company number is 043848 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parikh Steel Pvt Ltd?

    The Official website of Parikh Steel Pvt Ltd is https://www.parikhsteel.com

  • What has been the recent revenue trend for Parikh Steel Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parikh Steel Pvt Ltd has risen by 7.91%.

  • How many employees does Parikh Steel Pvt Ltd currently have?

    As Per 2023 financial reports, 11 employees are currently employed by Parikh Steel Pvt Ltd.

  • What change has been observed in the net worth of Parikh Steel Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parikh Steel Pvt Ltd has experienced an upsurge of 0.13%.

  • What are the total open charges for Parikh Steel Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Parikh Steel Pvt Ltd amount to ₹ 6.97 Cr.

  • When was the last Balance Sheet of Parikh Steel Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Parikh Steel Pvt Ltd was filed with the ROC on 31 Mar 2023.

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