Romax Steels Private Limited

Manufactures non-alloy steel ingots with 2500 tonne per month capacity in Ludhiana.

2014 | Ludhiana, Punjab (India) | Active
Last Updated: December 28, 2024

Romax Steels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 7.80 M
  • Company Age 11 Year, 17 Days
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 7.81 Cr
  • Revenue Growth -32.25%
  • Profit Growth -34.46%
  • Ebitda -2.14%
  • Net Worth 17.29%
  • Total Assets 21.46%

About Romax Steels

Romax Steels Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 2014 and has a history of 11 years. Its registered office is in Ludhiana, 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 3.00 Cr and a paid-up capital of Rs 7.80 M.

The company currently has active open charges totaling ₹7.81 Cr.

Raj Kumar and Manjeet Kaur serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2014PTC038323

  • Company No.

    038323

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2014

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Raj Kumar Country flag representing In Director 27-Jan-2014 Current
Manjeet Kaur Country flag representing In Director 13-Oct-2016 Current

Financial Performance of Romax Steels.

Romax Steels Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 32.25% decrease. The company also saw a substantial fall in profitability, with a 34.46% decrease in profit. The company's net worth Soared by an impressive increase of 17.29%.

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
-32.25%
Revenue from Operations
-32.24%
Total Assets
21.46%
Profit or Loss
-34.46%
Net Worth
17.29%
EBITDA
-2.14%

What is the Ownership and Shareholding Structure of Romax Steels?

In 2020, Romax Steels 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

₹7.81 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.31 Cr
  • Bank Of Maharashtra : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2020 Others ₹1.00 Cr Open
22 Sep 2017 Others ₹2.60 M Open
16 Jan 2015 Bank Of Maharashtra ₹5.00 M Open
16 Jan 2015 Others ₹6.05 Cr Open

How Many Employees Work at Romax Steels?

Romax Steels has a workforce of 4 employees as of Mar 21, 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 Romax 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 Romax 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 Romax Steels

Recent activity within the organization

  • Annual General Meeting

    Romax Steels Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Romax Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100345457 was registered on 22 Jun 2020.

    22 Jun 2020

  • Charges

    A charge with Others of Rs. 6.05 Cr registered on 16 Jan 2015 with Charge ID 10543212 was modified on 30 Mar 2020.

    30 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100128448 was registered on 22 Sep 2017.

    22 Sep 2017

  • Director Appointment

    Manjeet Kaur was appointed as a Director was appointed as a Director on 13 Oct 2016 & has been associated with this company since 8 years 4 months .

    13 Oct 2016

Frequently asked questions

  • Romax Steels Private Limited was incorporated on 27 Jan 2014.

  • The authorized share capital of Romax Steels Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 7.80 M.

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

    • Raj Kumar
    • Manjeet Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Romax Steels Private Limited is Lakhowal Road Kohara India, Ludhiana, Punjab, 141112.

  • The corporate identification number (CIN) of Romax Steels Private Limited is U27100PB2014PTC038323 and the company number is 038323 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Romax Steels Private Limited has fallen by -32.25%.

  • As Per 2020 financial reports, 4 employees are currently employed by Romax Steels Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Romax Steels Private Limited has experienced an upsurge of 17.29%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Romax Steels Private Limited amount to ₹ 7.81 Cr.

  • The most recent Balance Sheet for Romax Steels Private Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing