Quality Stainless Private Limited

Manufactures precision stainless steel strips, tubes, and pipes for various industries.

1999 | Hisar, Haryana (India) | Active
Last Updated:

Quality Stainless Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.82 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.40 Cr
  • Satisfied Charges ₹ 31.08 Cr
  • Revenue Growth -28.72%
  • Profit Growth -98.29%
  • Ebitda -6.94%
  • Net Worth 0.81%
  • Total Assets 2.73%

About Quality Stainless

Quality Stainless Private Limited (QSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 December 1999 and has a history of 25 years and three months. Its registered office is in Hisar, Haryana, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.82 Cr.

The company currently has active open charges totaling ₹71.40 Cr. The company has closed loans amounting to ₹31.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kuldip Bhargava, Tejasvi Bhargava, Tapasvi Bhargava, and One other member serve as directors at the Company.

Company Details

  • Location

    Hisar, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    qualitygroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27108HR1999PTC034387

  • Company No.

    034387

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Quality Stainless Private Limited offer?

Quality Stainless Private Limited offers a wide range of products and services, including Seamless Pipe, Seamless Stainless Steel Tube, Steel Pipes and Tubes, Stainless Steel Pipes, Steel & Stainless Steel Products, Steel Strips, Welded Pipes, Rounded Pipe, Stainless Steel Round Pipe, Stainless Steel Welded Tube.

Who are the key members and board of directors at Quality Stainless?

Executive Team (1)

NameDesignationAppointment DateStatus
Tejasvi Bhargava Country flag representing In Managing Director01-Apr-2003Current

Board Members (3)

NameDesignationAppointment DateStatus
Kuldip Bhargava Country flag representing In Director 01-Dec-1999Current
Tapasvi Bhargava Country flag representing In Director 09-Jan-2006Current
Mohan Lal Country flag representing In Additional Director 26-Sep-2023Current

Financial Performance of Quality Stainless.

Quality Stainless Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.72% decrease. The company also saw a substantial fall in profitability, with a 98.29% decrease in profit. The company's net worth moved up by a moderate rise of 0.81%.

Quality Stainless revenue growth over time
Quality Stainless 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
-28.72%
Revenue from Operations
-19.10%
Total Assets
2.73%
Profit or Loss
-98.29%
Net Worth
0.81%
EBITDA
-6.94%

What is the Ownership and Shareholding Structure of Quality Stainless?

In 2023, Quality Stainless had a promoter holding of 73.98% and a public holding of 26.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.40 Cr

Satisfied Charges

₹31.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.90 Cr
  • Axis Bank Limited : 34.50 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2024Others₹2.00 CrOpen
23 Jul 2024Others₹6.35 CrOpen
31 May 2024Others₹15.00 CrOpen
07 Feb 2024Axis Bank Limited₹34.50 CrOpen
11 Aug 2023Others₹4.50 CrOpen

How Many Employees Work at Quality Stainless?

Quality Stainless has a workforce of 35 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.

Employee growth trends for Quality Stainless Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Quality Stainless, 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 Quality Stainless'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 Quality Stainless

Recent activity within the organization

  • Annual General Meeting

    Quality Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100965046 was registered on 03 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 6.35 Cr with Charge ID 100961745 was registered on 23 Jul 2024.

  • Charges

    A charge registered on 05 Aug 2023 via Charge ID 100774560 with Others was fully satisfied on 12 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100927877 was registered on 31 May 2024.

  • Balance Sheet

    Quality Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

Frequently asked questions

  • What is the Incorporation or founding date of Quality Stainless Private Limited?

    Quality Stainless Private Limited was incorporated on 01 Dec 1999.

  • What is authorized share capital and paid-up capital of Quality Stainless Private Limited?

    The authorized share capital of Quality Stainless Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.82 Cr.

  • Who are the current board members & directors of Quality Stainless Private Limited?

    Currently 4 directors are associated with Quality Stainless Private Limited.

    • Kuldip Bhargava
    • Tejasvi Bhargava
    • Tapasvi Bhargava
    • Mohan Lal

  • What is the registered address of Quality Stainless Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Quality Stainless Private Limited is Near 7 I D Chisar India, Haryana, 125001.

  • What is the corporate identification number (CIN) and company number of Quality Stainless Private Limited?

    The corporate identification number (CIN) of Quality Stainless Private Limited is U27108HR1999PTC034387 and the company number is 034387 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Quality Stainless Private Limited?

    The Official website of Quality Stainless Private Limited is https://www.qualitygroup.in

  • What has been the recent revenue trend for Quality Stainless Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Quality Stainless Private Limited has fallen by -28.72%.

  • How many employees does Quality Stainless Private Limited currently have?

    As Per 2023 financial reports, 35 employees are currently employed by Quality Stainless Private Limited.

  • What change has been observed in the net worth of Quality Stainless Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Quality Stainless Private Limited has experienced an upsurge of 0.81%.

  • What are the total open charges for Quality Stainless Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Quality Stainless Private Limited amount to ₹ 71.40 Cr.

  • When was the last Balance Sheet of Quality Stainless Private Limited filed with the ROC?

    The most recent Balance Sheet for Quality Stainless Private Limited was filed with the ROC on 31 Mar 2024.

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