Piombino Steel Limited

Holding company manufacturing steel with 3.5MTPA facility in Odisha.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Piombino Steel Profile

Key Indicators

  • Authorised Capital ₹ 17,000.00 Cr
  • Paid Up Capital ₹ 6,092.92 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,000.00 Cr
  • Satisfied Charges ₹ 14,800.00 Cr
  • Revenue Growth -45.34%
  • Profit Growth 96.81%
  • Ebitda -9.48%
  • Net Worth 2.72%
  • Total Assets 0.90%

About Piombino Steel

Piombino Steel Limited (PSL) is a Public Limited Indian Non-Government Company incorporated in India on 21 September 2018 (Six years and five months 4 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 17,000.00 Cr and a paid-up capital of Rs 6,092.92 Cr.

The company currently has active open charges totaling ₹4,000.00 Cr. The company has closed loans amounting to ₹14,800.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Piombino Steel Limited India are Kaustubh Kulkarni as Ceo, Mohit Goyal as Cfo, and Ruchika Shah as Company Secretary. Anunay Kumar, Rakhi Jain, Divyakumar Bhair, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jsw.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320MH2018PLC374653

  • Company No.

    339250

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2018

  • Date of AGM

    19 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Metals and Minerals

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

Executive Team (3)

NameDesignationAppointment DateStatus
Kaustubh Kulkarni CEO19-Jan-2022Current
Mohit Goyal CFO19-Jan-2022Current
Ruchika Shah Company Secretary05-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Divyakumar Bhair Country flag representing In Director 01-Dec-2021Current
Anunay Kumar Country flag representing In Director 01-Dec-2021Current
Rakhi Jain Country flag representing In Director 01-Dec-2021Current
Manoj Mohta Country flag representing In Director 01-Dec-2021Current
Anil Singh Country flag representing In Director 01-Dec-2021Current

Financial Performance of Piombino Steel.

Piombino Steel Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.34% decrease. The company also saw a substantial improvement in profitability, with a 96.81% increase in profit. The company's net worth moved up by a moderate rise of 2.72%.

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
-45.34%
Revenue from Operations
-91.89%
Total Assets
0.90%
Profit or Loss
96.81%
Net Worth
2.72%
EBITDA
-9.48%

What is the Ownership and Shareholding Structure of Piombino Steel?

In 2023, Piombino Steel had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,000.00 Cr

Satisfied Charges

₹14,800.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 4000.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2024Sbicap Trustee Company Limited₹4,000.00 CrOpen
04 May 2021Sbicap Trustee Company Limited₹7,300.00 CrSatisfied
22 Mar 2021Others₹2,500.00 CrSatisfied
22 Mar 2021Others₹2,500.00 CrSatisfied
22 Mar 2021Others₹2,500.00 CrSatisfied

How Many Employees Work at Piombino Steel?

Unlock and access historical data on people associated with Piombino Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Piombino 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 Piombino 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 Piombino Steel

Recent activity within the organization

  • Director Appointment

    Ruchika Rushik Shah was appointed as a Company Secretary was appointed as a Company Secretary on 05 Nov 2024 & has been associated with this company since 3 months 19 days .

    05 Nov 2024

  • Charges

    A charge registered on 04 May 2021 via Charge ID 100444565 with Sbicap Trustee Company Limited was fully satisfied on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 4,000.00 Cr with Charge ID 100966627 was registered on 23 Aug 2024.

    23 Aug 2024

  • Annual General Meeting

    Piombino Steel Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

    19 Jul 2024

  • Charges

    A charge registered on 22 Mar 2021 via Charge ID 100440305 with Others was fully satisfied on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge registered on 22 Mar 2021 via Charge ID 100428104 with Others was fully satisfied on 18 Jun 2024.

    18 Jun 2024

Frequently asked questions

  • Piombino Steel Limited was incorporated on 21 Sep 2018.

  • The authorized share capital of Piombino Steel Limited is ₹ 17,000.00 Cr and paid-up capital is ₹ 6,092.92 Cr.

  • Currently 8 directors are associated with Piombino Steel Limited.

    • Anunay Kumar
    • Rakhi Jain
    • Kaustubh Sudhakar Kulkarni
    • Mohit Goyal
    • Ruchika Rushik Shah
    • Divyakumar Vimalkumar Bhair
    • Manoj Kumar Mohta
    • Anil Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piombino Steel Limited is 6Th Floor Grande Palladium 175 Cst Road Kolivery Village Mmrda Area Kalina, Sant Acruz East India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Piombino Steel Limited is U27320MH2018PLC374653 and the company number is 339250 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piombino Steel Limited is https://www.jsw.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Piombino Steel Limited has fallen by -45.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Piombino Steel Limited has experienced an upsurge of 2.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Piombino Steel Limited amount to ₹ 4,000.00 Cr.

  • The most recent Balance Sheet for Piombino Steel Limited was filed with the ROC on 31 Mar 2024.

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