Poscho Steels Private Limited

Company trades and deals in various steel and agricultural products, both locally and internationally.

1999 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 25, 2024

Poscho Steels Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 129.75 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -99.98%
  • Profit Growth -291.21%
  • Ebitda 98.25%
  • Net Worth -262.85%
  • Total Assets -64.45%

About Poscho Steels

Poscho Steels Private Limited (PSPL) is Under Liquidation company established on 23 Aug 1999 with its office registered at Mumbai, Maharashtra, India and has been running since 25 Year, 5 Months with a paid up capital of 7.50 Cr. According to MCA records, 2 Directors are linked to this company as of 25 Apr 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100MH1999PTC121425

  • Company No.

    121425

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 1999

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Poscho Steels?

Board Members (2)

Name Designation Appointment Date Status
Chandrakant Lad Country flag representing In Director 16-Mar-2013 Current
Mangesh Gorivale Country flag representing In Director 15-Dec-2014 Current

Financial Performance of Poscho Steels.

Poscho Steels Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.98% decrease. The company also saw a substantial fall in profitability, with a 291.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 262.85%.

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
-99.98%
Revenue from Operations
Total Assets
-64.45%
Profit or Loss
-291.21%
Net Worth
-262.85%
EBITDA
98.25%

What is the Ownership and Shareholding Structure of Poscho Steels?

In 2019, Poscho Steels had a promoter holding of 98.94% and a public holding of 1.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹129.75 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 129.75 Cr

Latest Charge Details

Date Lender Amount Status
24 Aug 2009 Punjab National Bank ₹10.00 Cr Open
07 May 2009 Punjab National Bank ₹10.00 Cr Open
12 Mar 2008 Punjab National Bank ₹10.00 Cr Open
24 Dec 2007 Punjab National Bank ₹5.00 Cr Open
12 Sep 2007 Punjab National Bank ₹2.00 Cr Open

How Many Employees Work at Poscho Steels?

Unlock and access historical data on people associated with Poscho Steels, 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 Poscho Steels, 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 Poscho Steels'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 Poscho Steels

Recent activity within the organization

  • Annual General Meeting

    Poscho Steels Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Poscho Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Director Appointment

    Mangesh Heeraji Gorivale was appointed as a Director was appointed as a Director on 15 Dec 2014 & has been associated with this company since 10 years 1 month .

    15 Dec 2014

  • Director Appointment

    Chandrakant Shankar Lad was appointed as a Director was appointed as a Director on 16 Mar 2013 & has been associated with this company since 11 years 10 months .

    16 Mar 2013

  • Charges

    A charge with Punjab National Bank of Rs. 90.00 Cr registered on 17 Nov 2005 with Charge ID 80021326 was modified on 22 Jun 2011.

    22 Jun 2011

  • Charges

    A charge registered on 23 Mar 2010 via Charge ID 10210064 with Punjab National Bank was fully satisfied on 16 Jul 2010.

    16 Jul 2010

Recent News, Updates & Announcement

Frequently asked questions

  • Poscho Steels Private Limited was incorporated on 23 Aug 1999.

  • The authorized share capital of Poscho Steels Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 2 directors are associated with Poscho Steels Private Limited.

    • Chandrakant Shankar Lad
    • Mangesh Heeraji Gorivale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Poscho Steels Private Limited is 308 3Rd Floor Ceejay House, Dr. A. B. Road Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Poscho Steels Private Limited is U51100MH1999PTC121425 and the company number is 121425 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Poscho Steels Private Limited has fallen by -99.98%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Poscho Steels Private Limited has experienced an downturn of -262.85%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Poscho Steels Private Limited amount to ₹ 129.75 Cr.

  • The most recent Balance Sheet for Poscho Steels Private Limited was filed with the ROC on 31 Mar 2019.

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