Patnaik Steels And Alloys Limited

Manufactures sponge iron, billets, and generates power in Orissa.

2003 | Khorda, Odisha (India) | Merged
Last Updated: January 18, 2025

Patnaik Steels And Alloys Profile

Key Indicators

  • Authorised Capital ₹ 85.00 Cr
  • Paid Up Capital ₹ 83.44 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 434.53 Cr
  • Revenue Growth 16.08%
  • Profit Growth -535.33%
  • Ebitda 77.63%
  • Net Worth -9.22%
  • Total Assets -22.69%

About Patnaik Steels And Alloys

Patnaik Steels And Alloys Limited (PSAAL) is Amalgamated company established on 06 Nov 2003 with its office registered at Khorda, Odisha, India and has been running since 21 Year, 2 Months with a paid up capital of 83.44 Cr. According to MCA records, 8 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2003PLC007368

  • Company No.

    007368

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2003

  • Date of AGM

    16 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Energy and Power
Metals and Minerals

What products or services does Patnaik Steels And Alloys Limited offer?

Patnaik Steels And Alloys Limited offers a wide range of products and services, including Commercial Construction Service, Institutional Construction Projects, Commercial Construction Projects, Residential Construction Projects, Residential Property Development, Minerals and Ores, Iron Ore, Sponge Iron.

Who are the key members and board of directors at Patnaik Steels And Alloys?

Executive Team (2)

NameDesignationAppointment DateStatus
Pankaj Mohanty Country flag representing In Managing Director16-Jun-2023Current
Sikan Dash Company Secretary28-Dec-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Nihar Mohanty Country flag representing In Director 28-Dec-2022Current
Saroj Ray Country flag representing In Director 22-Nov-2022Current
Padma Mohanty Country flag representing In Director 22-Nov-2022Current
Samarendra Mitra Country flag representing In Director 28-Dec-2022Current
Prasanna Parida Country flag representing In Director 22-Nov-2022Current
Sabita Mohanty Country flag representing In Director 22-Nov-2022Current

Financial Performance of Patnaik Steels And Alloys.

Patnaik Steels And Alloys Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.08% increase. The company also saw a substantial fall in profitability, with a 535.33% decrease in profit. The company's net worth dipped by a decrease of 9.22%.

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
16.08%
Revenue from Operations
16.16%
Total Assets
-22.69%
Profit or Loss
-535.33%
Net Worth
-9.22%
EBITDA
77.63%

What is the Ownership and Shareholding Structure of Patnaik Steels And Alloys?

In 2023, Patnaik Steels And Alloys 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

₹0

Satisfied Charges

₹434.53 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 259.98 Cr
  • Hdfc Bank Limited : 60.58 Cr
  • State Bank Travancore : 36.00 Cr
  • Karnataka Bank Ltd. : 27.66 Cr
  • State Bank Of Travancore : 26.00 Cr
  • Others : 24.30 Cr

Latest Charge Details

DateLenderAmountStatus
20 Aug 2022Hdfc Bank Limited₹7.83 CrSatisfied
27 Jun 2022Hdfc Bank Limited₹52.75 CrSatisfied
24 Feb 2021State Bank Of India₹7.83 CrSatisfied
17 Jun 2020State Bank Of India₹53.71 CrSatisfied
26 Jul 2019Karnataka Bank Ltd.₹12.00 CrSatisfied

How Many Employees Work at Patnaik Steels And Alloys?

Patnaik Steels And Alloys has a workforce of 297 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patnaik Steels And Alloys, 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 Patnaik Steels And Alloys'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 Patnaik Steels And Alloys

Recent activity within the organization

  • Annual General Meeting

    Patnaik Steels And Alloys Limited last Annual general meeting of members was held on 16 Jun 2023 as per latest MCA records.

    16 Jun 2023

  • Director Appointment

    Pankaj Lochan Mohanty was appointed as a Managing Director was appointed as a Managing Director on 16 Jun 2023 & has been associated with this company since 1 year 7 months .

    16 Jun 2023

  • Balance Sheet

    Patnaik Steels And Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge registered on 20 Aug 2022 via Charge ID 100655338 with Hdfc Bank Limited was fully satisfied on 07 Feb 2023.

    07 Feb 2023

  • Charges

    A charge registered on 27 Jun 2022 via Charge ID 100591232 with Hdfc Bank Limited was fully satisfied on 07 Feb 2023.

    07 Feb 2023

  • Director Appointment

    Samarendra Mitra was appointed as a Director was appointed as a Director on 28 Dec 2022 & has been associated with this company since 2 years 1 month .

    28 Dec 2022

Frequently asked questions

  • Patnaik Steels And Alloys Limited was incorporated on 06 Nov 2003.

  • The authorized share capital of Patnaik Steels And Alloys Limited is ₹ 85.00 Cr and paid-up capital is ₹ 83.44 Cr.

  • Currently 9 directors are associated with Patnaik Steels And Alloys Limited.

    • Saroj Kumar Ray
    • Pankaj Lochan Mohanty
    • Padma Lochan Mohanty
    • Samarendra Mitra
    • Nihar Ranjan Mohanty
    • Prasanna Kumar Parida
    • Sabita Mohanty
    • Srikanta Behera
    • Sikan Kumar Dash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patnaik Steels And Alloys Limited is Plot No 65, Forest Park India, Bhubaneswar, Orissa, 751009.

  • The corporate identification number (CIN) of Patnaik Steels And Alloys Limited is U27102OR2003PLC007368 and the company number is 007368 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patnaik Steels And Alloys Limited is https://www.patnaiksteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patnaik Steels And Alloys Limited has risen by 16.08%.

  • As Per 2023 financial reports, 297 employees are currently employed by Patnaik Steels And Alloys Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patnaik Steels And Alloys Limited has experienced an downturn of -9.22%.

  • The most recent Balance Sheet for Patnaik Steels And Alloys Limited was filed with the ROC on 31 Mar 2023.

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