Pnn Steel Private Limited

Wholesale trading of metal and metal ores, specializing in steel and alloy steel products.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 30, 2024

Pnn Steel Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.68 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.19 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 21.41%
  • Profit Growth 22.26%
  • Ebitda 57.07%
  • Net Worth 7.10%
  • Total Assets -31.09%

About Pnn Steel

Pnn Steel Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 2009 and has a history of 15 years and nine months. Its registered office is in Chennai, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 3.68 M.

The company currently has active open charges totaling ₹7.19 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nithin Bansal and Meenaa Bansal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51103TN2009PTC071358

  • Company No.

    071358

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

What products or services does Pnn Steel Private Limited offer?

Pnn Steel Private Limited offers a wide range of products and services, including Industrial & Metal Fabrication, Structural Fabrication, Solar & Renewable Energy Products, Solar Pumps, Steel Plates, MS Plates, Metal Sheets, Hot Rolled Sheets, Metal Angles, Mild Steel Angle.

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

Board Members (2)

Name Designation Appointment Date Status
Nithin Bansal Country flag representing In Director 20-Apr-2009 Current
Meenaa Bansal Country flag representing In Director 05-May-2016 Current

Financial Performance of Pnn Steel.

Pnn Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.41% increase. The company also saw a substantial improvement in profitability, with a 22.26% increase in profit. The company's net worth moved up by a moderate rise of 7.1%.

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
21.41%
Revenue from Operations
21.40%
Total Assets
-31.09%
Profit or Loss
22.26%
Net Worth
7.10%
EBITDA
57.07%

What is the Ownership and Shareholding Structure of Pnn Steel?

In 2023, Pnn Steel had a promoter holding of 56.52% and a public holding of 43.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.19 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 7.19 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2020 Standard Chartered Bank ₹5.90 M Open
27 May 2019 Standard Chartered Bank ₹6.00 M Open
27 May 2019 Standard Chartered Bank ₹6.00 Cr Open
07 Mar 2013 Indusind Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Pnn Steel?

Unlock and access historical data on people associated with Pnn 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 Pnn 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 Pnn 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 Pnn Steel

Recent activity within the organization

  • Annual General Meeting

    Pnn Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pnn Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 0.60 Cr registered on 27 May 2019 with Charge ID 100264129 was modified on 18 Aug 2022.

    18 Aug 2022

  • Charges

    A charge with Standard Chartered Bank of Rs. 6.00 Cr registered on 27 May 2019 with Charge ID 100264130 was modified on 18 Aug 2022.

    18 Aug 2022

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.59 Cr with Charge ID 100375904 was registered on 18 Sep 2020.

    18 Sep 2020

  • Charges

    A charge registered on 07 Mar 2013 via Charge ID 10423161 with Indusind Bank Limited was fully satisfied on 21 Feb 2020.

    21 Feb 2020

Frequently asked questions

  • Pnn Steel Private Limited was incorporated on 20 Apr 2009.

  • The authorized share capital of Pnn Steel Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.68 M.

  • Currently 2 directors are associated with Pnn Steel Private Limited.

    • Nithin Kumar Bansal
    • Meenaa Nithin Kumar Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pnn Steel Private Limited is 265/266 Sundaram Pillai Nagar Korukupet, Chennai, Tamil Nadu, India, 600081.

  • The corporate identification number (CIN) of Pnn Steel Private Limited is U51103TN2009PTC071358 and the company number is 071358 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pnn Steel Private Limited has risen by 21.41%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pnn Steel Private Limited has experienced an upsurge of 7.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pnn Steel Private Limited amount to ₹ 7.19 Cr.

  • The most recent Balance Sheet for Pnn Steel Private Limited was filed with the ROC on 31 Mar 2023.

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