Posco-Poggenamp Electrical Steel Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 27.00 Cr
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.00 Cr
- Satisfied Charges ₹ 81.90 Cr
- Revenue Growth -54.91%
- Profit Growth 66.88%
- Ebitda -37.45%
- Net Worth -2.09%
- Total Assets 0.83%
About Posco-Poggenamp Electrical Steel
Posco-Poggenamp Electrical Steel Private Limited (PESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2010 and has a history of 14 years and two months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Metal & 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 30.00 Cr and a paid-up capital of Rs 27.00 Cr.
The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹81.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Posco-Poggenamp Electrical Steel Private Limited India is Dhwani Solanki as COMPANY SECRETARY. Gauttam Nagarsheth, Gaurangbhai Nagarsheth, and Minho Jo serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31100GJ2010PTC063371
- Company No.
063371
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Dec 2010
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Posco-Poggenamp Electrical Steel?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurangbhai Nagarsheth  | Managing Director | 23-Dec-2010 | Current |
| Dhwani Solanki | Company Secretary | 16-Aug-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gauttam Nagarsheth | Director | 23-Dec-2010 | Current |
| Minho Jo | Director | 01-Oct-2020 | Current |
Financial Performance of Posco-Poggenamp Electrical Steel.
Posco-Poggenamp Electrical Steel Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.91% decrease. The company also saw a substantial improvement in profitability, with a 66.88% increase in profit. The company's net worth dipped by a decrease of 2.09%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Posco-Poggenamp Electrical Steel?
In 2023, Posco-Poggenamp Electrical Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sigma Solve LimitedDhwani Solanki is a mutual person
Poggenamp Nagarsheth Powertronics Private LimitedGauttam Nagarsheth and Gaurangbhai Nagarsheth are mutual person
Nkp Infrastructure Private LimitedGauttam Nagarsheth and Gaurangbhai Nagarsheth are mutual person
- Pan Finetech Private Limited
Gauttam Nagarsheth and Gaurangbhai Nagarsheth are mutual person
Charges (Loans)
₹25.00 Cr
₹81.90 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2014 | Uco Bank | ₹25.00 Cr | Open |
| 14 Jun 2018 | Hdfc Bank Limited | ₹20.00 Cr | Satisfied |
| 23 Mar 2017 | Uco Bank | ₹3.00 Cr | Satisfied |
| 15 Sep 2016 | Uco Bank | ₹7.00 Cr | Satisfied |
| 30 Oct 2013 | Axis Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Posco-Poggenamp Electrical Steel?
Posco-Poggenamp Electrical Steel has a workforce of 36 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Posco-Poggenamp Electrical 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 Posco-Poggenamp Electrical Steel's trajectory.
Rating
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
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.
