Purva Steel Private Limited

Manufactures iron and steel products, including steel billets and TMT rebar.

2002 | Bangalore, Karnataka (India) | Active
Last Updated: June 26, 2024

Purva Steel Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 26.15 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 84.01 Cr
  • Revenue Growth 70.73%
  • Profit Growth 35.37%
  • Ebitda 62.81%
  • Net Worth -62.05%
  • Total Assets 3.43%

About Purva Steel

Purva Steel Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2002 and has a history of 22 years and four months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Kalptaru Steel Rolling Mills Limited. 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 30.00 Cr and a paid-up capital of Rs 26.15 Cr.

The company currently has active open charges totaling ₹84.01 Cr.

The Key Managerial Personnel (KMP) at Purva Steel Private Limited India is Lalit Purva as CFO. Dhanesh Purva, Lalit Purva, Surya Purva, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    purvasteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27108KA2002PTC163186

  • Company No.

    223458

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Lalit Purva CFO01-Oct-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Dhanesh Purva Country flag representing In Director 26-Feb-2020Current
Lalit Purva Country flag representing In Director 26-Feb-2020Current
Surya Purva Country flag representing In Whole-Time Director 26-Feb-2020Current
Sudhir Hasija Country flag representing In Additional Director Current
Shiva Purva Country flag representing In Director 26-Feb-2020Current

Financial Performance of Purva Steel.

Purva Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.73% increase. The company also saw a substantial improvement in profitability, with a 35.37% increase in profit. The company's net worth observed a substantial decline by a decrease of 62.05%.

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
70.73%
Revenue from Operations
70.69%
Total Assets
3.43%
Profit or Loss
35.37%
Net Worth
-62.05%
EBITDA
62.81%

What is the Ownership and Shareholding Structure of Purva Steel?

In 2023, Purva 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹84.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Andhra Bank : 37.55 Cr
  • Others : 25.00 Cr
  • Andhra Pradesh State Financial Corporation : 20.00 Cr
  • Sundaram Finance Limited : 0.89 Cr
  • Tata Motors Finance Limited : 0.25 Cr
  • Others : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2022Others₹25.00 CrOpen
15 Jul 2010Sundaram Finance Limited₹0.94 MOpen
30 Jun 2010Sundaram Finance Limited₹1.17 MOpen
30 Jun 2010Sundaram Finance Limited₹1.17 MOpen
09 Jun 2010Reliance Capital Limited₹2.25 MOpen

How Many Employees Work at Purva Steel?

Purva Steel has a workforce of 341 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 24 Nov 2022 with Charge ID 100652977 was modified on 29 Aug 2023.

    29 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100652977 was registered on 24 Nov 2022.

    24 Nov 2022

  • Director Appointment

    Dhanesh Kumar Purva was appointed as a Director was appointed as a Director on 26 Feb 2020 & has been associated with this company since 4 years 11 months .

    26 Feb 2020

  • Director Appointment

    Lalit Kumar Purva was appointed as a Director was appointed as a Director on 26 Feb 2020 & has been associated with this company since 4 years 11 months .

    26 Feb 2020

Frequently asked questions

  • Purva Steel Private Limited was incorporated on 22 Oct 2002.

  • The authorized share capital of Purva Steel Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.15 Cr.

  • Currently 6 directors are associated with Purva Steel Private Limited.

    • Dhanesh Kumar Purva
    • Lalit Kumar Purva
    • Surya Prakash Purva
    • Sudhir Kumar Hasija
    • Lalit Kumar Purva
    • Shiva Kumar Purva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purva Steel Private Limited is No.193ShivsadanopptonccapartmentsouterringroadB-Narayanapura, Bangalore, Karnataka, India, 560016.

  • The corporate identification number (CIN) of Purva Steel Private Limited is U27108KA2002PTC163186 and the company number is 223458 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Purva Steel Private Limited is https://www.purvasteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Purva Steel Private Limited has risen by 70.73%.

  • As Per 2023 financial reports, 341 employees are currently employed by Purva Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Purva Steel Private Limited has experienced an downturn of -62.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Purva Steel Private Limited amount to ₹ 84.01 Cr.

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

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