Scan Steels Limited

Manufacturer of TMT rods and sponge iron with captive power plant, part of Scan Group.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Scan Steels Profile

Key Indicators

  • Authorised Capital ₹ 86.50 Cr
  • Paid Up Capital ₹ 61.43 Cr
  • Company Age 31 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 124.00 Cr
  • Satisfied Charges ₹ 724.30 Cr
  • Revenue Growth 9.42%
  • Profit Growth -69.83%
  • Ebitda -43.12%
  • Net Worth 4.31%
  • Total Assets 5.00%

About Scan Steels

Scan Steels Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 January 1994 and has a history of 31 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511672.

The Corporate was formerly known as Mittal Securities Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 86.50 Cr and a paid-up capital of Rs 61.43 Cr.

The company currently has active open charges totaling ₹124.00 Cr. The company has closed loans amounting to ₹724.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Scan Steels Limited India are Prabir Das as COMPANY SECRETARY and Kalyan Mishra as Cfo. Rajesh Gadodia, Praveen Patro, Ankur Madaan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27209MH1994PLC076015

  • Company No.

    076015

  • Stock Symbol

    BSE : 511672

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1994

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Executive Team (2)

NameDesignationAppointment DateStatus
Prabir Das Country flag representing In Company Secretary14-Mar-2014Current
Kalyan Mishra CFO16-Nov-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajesh Gadodia Country flag representing In Director 14-Mar-2014Current
Praveen Patro Country flag representing In Whole-Time Director 30-May-2018Current
Ankur Madaan Country flag representing In Whole-Time Director 24-Oct-2014Current
Punit Kedia Country flag representing In Director 24-May-2016Current
Gagan Jalan Country flag representing In Director 16-Sep-2024Current
Konika Poddar Country flag representing In Director 20-Feb-2024Current

Financial Performance of Scan Steels.

Scan Steels Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.42% increase. The company also saw a substantial fall in profitability, with a 69.83% decrease in profit. The company's net worth moved up by a moderate rise of 4.31%.

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
9.42%
Revenue from Operations
9.06%
Total Assets
5.00%
Profit or Loss
-69.83%
Net Worth
4.31%
EBITDA
-43.12%

What is the Ownership and Shareholding Structure of Scan Steels?

In 2023, Scan Steels had a promoter holding of 48.11% and a public holding of 51.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.00 Cr

Satisfied Charges

₹724.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 124.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2014State Bank Of India₹124.00 CrOpen
29 Apr 2017Others₹1.96 MSatisfied
31 Aug 2016Others₹3.86 MSatisfied
07 Jun 2016Others₹1.93 MSatisfied
07 Jun 2016Others₹2.50 MSatisfied

How Many Employees Work at Scan Steels?

Scan Steels has a workforce of 1959 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 Scan 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 Scan 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 Scan Steels

Recent activity within the organization

  • Director Appointment

    Kalyan Kiran Mishra was appointed as a Cfo was appointed as a Cfo on 16 Nov 2024 & has been associated with this company since 2 months 16 days .

    16 Nov 2024

  • Annual General Meeting

    Scan Steels Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Gagan Jalan was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 4 months 16 days .

    16 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 124.00 Cr registered on 08 Dec 2014 with Charge ID 10553631 was modified on 02 Sep 2024.

    02 Sep 2024

  • Balance Sheet

    Scan Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Konika Poddar was appointed as a Director was appointed as a Director on 20 Feb 2024 & has been associated with this company since 11 months 11 days .

    20 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Scan Steels Limited was incorporated on 18 Jan 1994.

  • The authorized share capital of Scan Steels Limited is ₹ 86.50 Cr and paid-up capital is ₹ 61.43 Cr.

  • Currently 8 directors are associated with Scan Steels Limited.

    • Rajesh Gadodia
    • Praveen Kumar Patro
    • Ankur Madaan
    • Punit Kedia
    • Gagan Jalan
    • Konika Poddar
    • Prabir Kumar Das
    • Kalyan Kiran Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Scan Steels Limited is Offcie No. 104/105 E-Square Subhash Road Opp. Havmore Ice Cream, Vi Le Parle India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of Scan Steels Limited is L27209MH1994PLC076015 and the company number is 076015 as per Ministry of Corporate Affairs (MCA).

  • Yes, Scan Steels Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Scan Steels Limited is https://www.scansteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Scan Steels Limited has risen by 9.42%.

  • As Per 2023 financial reports, 1959 employees are currently employed by Scan Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Scan Steels Limited has experienced an upsurge of 4.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Scan Steels Limited amount to ₹ 124.00 Cr.

  • The most recent Balance Sheet for Scan Steels Limited was filed with the ROC on 31 Mar 2024.

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