Punjab Iron And Steel Company Limited

Manufactures iron and steel, incorporated in 1963, based in Punjab.

1963 | Jalandhar, Punjab (India) | Active
Last Updated:

Punjab Iron And Steel Company Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.60 Cr
  • Company Age 61 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 72.06 Cr
  • Satisfied Charges ₹ 26.77 Cr
  • Revenue Growth %
  • Profit Growth 6.44%
  • Ebitda 6.44%
  • Net Worth -0.03%
  • Total Assets %

About Punjab Iron And Steel Company

Punjab Iron And Steel Company Limited (PIASCL) was founded in India on 15 June 1963 and has a glorious history of 61 years and nine months.Its registered office is in Jalandhar, Punjab, 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 2021. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 6.60 Cr.

The company currently has active open charges totaling ₹72.06 Cr. The company has closed loans amounting to ₹26.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Singh, Gurinder Grewal, Kulwinder Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27109PB1963PLC002482

  • Company No.

    002482

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 1963

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals
Company report

Punjab Iron And Steel Company Limited

Explore comprehensive data for Punjab Iron And Steel Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Punjab Iron And Steel Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Kulwinder Kumar Country flag representing In Managing Director19-Mar-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Gurinder Grewal Country flag representing In Director 07-May-1998Current
Ramesh Singh Country flag representing In Director 18-May-1984Current
Gokul Kumar Country flag representing In Director 03-Jun-2019Current

Financial Performance of Punjab Iron And Steel Company.

Punjab Iron And Steel Company Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 6.44% increase in profit. The company's net worth dipped by a decrease of 0.03%.

Punjab Iron And Steel Company revenue growth over time
Punjab Iron And Steel Company 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
Revenue from Operations
Total Assets
Profit or Loss
6.44%
Net Worth
-0.03%
EBITDA
6.44%

What is the Ownership and Shareholding Structure of Punjab Iron And Steel Company?

In 2021, Punjab Iron And Steel Company had a promoter holding of 16.44% and a public holding of 83.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹72.06 Cr

Satisfied Charges

₹26.77 Cr

Charges Breakdown by Lending Institutions

  • Industrial Finance Corporation Of India Limited : 62.51 Cr
  • Industrial Development Bank Of India : 4.20 Cr
  • Industrial Development Bank Of India Limited : 4.20 Cr
  • Punjab Sind Bank : 1.15 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 1993Industrial Development Bank Of India Limited₹4.20 CrOpen
27 May 1992Industrial Development Bank Of India₹4.20 CrOpen
27 May 1992Industrial Finance Corporation Of India Limited₹62.51 CrOpen
20 Jan 1989Punjab Sind Bank₹1.15 CrOpen
15 Mar 1995Central Bank Of India₹5.40 CrSatisfied

How Many Employees Work at Punjab Iron And Steel Company?

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

Employee growth trends for Punjab Iron And Steel Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Iron And Steel Company, 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 Punjab Iron And Steel Company'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 Punjab Iron And Steel Company

Recent activity within the organization

  • Annual General Meeting

    Punjab Iron And Steel Company Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Punjab Iron And Steel Company Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

  • Director Appointment

    Gokul Kumar was appointed as a Director was appointed as a Director on 03 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Director Appointment

    Kulwinder Kumar was appointed as a Managing Director was appointed as a Managing Director on 19 Mar 2019 & has been associated with this company since 6 years 22 days .

  • Charges

    A charge registered on 27 Sep 1994 via Charge ID 80030209 with State Bank Of Patiala was fully satisfied on 25 Mar 2009.

  • Charges

    A charge registered on 27 Sep 1994 via Charge ID 80030210 with State Bank Of Patiala was fully satisfied on 25 Mar 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Punjab Iron And Steel Company Limited?

    Punjab Iron And Steel Company Limited was incorporated on 15 Jun 1963.

  • What is authorized share capital and paid-up capital of Punjab Iron And Steel Company Limited?

    The authorized share capital of Punjab Iron And Steel Company Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.60 Cr.

  • Who are the current board members & directors of Punjab Iron And Steel Company Limited?

    Currently 4 directors are associated with Punjab Iron And Steel Company Limited.

    • Ramesh Inder Singh
    • Gurinder Singh Grewal
    • Kulwinder Kumar
    • Gokul Kumar

  • What is the registered address of Punjab Iron And Steel Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Iron And Steel Company Limited is 3-G.T Road India, Jalandhar, Punjab, 144010.

  • What is the corporate identification number (CIN) and company number of Punjab Iron And Steel Company Limited?

    The corporate identification number (CIN) of Punjab Iron And Steel Company Limited is L27109PB1963PLC002482 and the company number is 002482 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Punjab Iron And Steel Company Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Punjab Iron And Steel Company Limited has experienced an downturn of -0.03%.

  • What are the total open charges for Punjab Iron And Steel Company Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Punjab Iron And Steel Company Limited amount to ₹ 72.06 Cr.

  • When was the last Balance Sheet of Punjab Iron And Steel Company Limited filed with the ROC?

    The most recent Balance Sheet for Punjab Iron And Steel Company Limited was filed with the ROC on 31 Mar 2021.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing