Shah Steel Impex Private Limited

Trading and distributing steel coils for manufacturing and processing purposes.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: January 15, 2025

Shah Steel Impex Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.49 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 230.00 Cr
  • Satisfied Charges ₹ 123.50 Cr
  • Revenue Growth -94.88%
  • Profit Growth 62.65%
  • Ebitda -141.13%
  • Net Worth -387.77%
  • Total Assets -7.83%

About Shah Steel Impex

Shah Steel Impex Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 2006 and has a history of 19 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Asarco Steel Private 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 2019. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.49 Cr.

The company currently has active open charges totaling ₹230.00 Cr. The company has closed loans amounting to ₹123.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mita Shah and Ambrish Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shahsteelgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27105MH2006PTC158627

  • Company No.

    158627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 2006

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Mita Shah Country flag representing In Director 04-Jan-2006 Current
Ambrish Shah Country flag representing In Director 04-Jan-2006 Current

Financial Performance of Shah Steel Impex.

Shah Steel Impex Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 94.88% decrease. The company also saw a substantial improvement in profitability, with a 62.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 387.77%.

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
-94.88%
Revenue from Operations
-94.97%
Total Assets
-7.83%
Profit or Loss
62.65%
Net Worth
-387.77%
EBITDA
-141.13%

What is the Ownership and Shareholding Structure of Shah Steel Impex?

In 2019, Shah Steel Impex had a promoter holding of 90.55% and a public holding of 9.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹230.00 Cr

Satisfied Charges

₹123.50 Cr

Charges Breakdown by Lending Institutions

  • Punjab And Maharashtra Co-Operative Bank Limited : 180.00 Cr
  • State Bank Of India : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
25 May 2017 Punjab And Maharashtra Co-Operative Bank Limited ₹85.00 Cr Open
21 Dec 2012 State Bank Of India ₹50.00 Cr Open
08 Jan 2008 Punjab And Maharashtra Co-Operative Bank Limited ₹95.00 Cr Open
11 Apr 2014 Punjab And Maharashtra Co-Operative Bank Limited ₹60.00 Cr Satisfied
16 Dec 2010 Punjab & Maharashtra Co-Operative Bank ₹63.50 Cr Satisfied

How Many Employees Work at Shah Steel Impex?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shah Steel Impex, 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 Shah Steel Impex'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 Shah Steel Impex

Recent activity within the organization

  • Annual General Meeting

    Shah Steel Impex Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Shah Steel Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge with Punjab And Maharashtra Co-Operative Bank Limited of Rs. 95.00 Cr registered on 08 Jan 2008 with Charge ID 10085753 was modified on 29 Sep 2017.

    29 Sep 2017

  • Charges

    A charge registered on 11 Apr 2014 via Charge ID 10489562 with Punjab And Maharashtra Co-Operative Bank Limited was fully satisfied on 31 May 2017.

    31 May 2017

  • Charges

    A charge with Punjab And Maharashtra Co-Operative Bank Limited amounted to Rs. 85.00 Cr with Charge ID 100103546 was registered on 25 May 2017.

    25 May 2017

  • Charges

    A charge with Punjab And Maharashtra Co-Operative Bank Limited of Rs. 60.00 Cr registered on 11 Apr 2014 with Charge ID 10489562 was modified on 24 Jun 2016.

    24 Jun 2016

Frequently asked questions

  • Shah Steel Impex Private Limited was incorporated on 04 Jan 2006.

  • The authorized share capital of Shah Steel Impex Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.49 Cr.

  • Currently 2 directors are associated with Shah Steel Impex Private Limited.

    • Mita Ambrish Shah
    • Ambrish Lalubhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shah Steel Impex Private Limited is 101 Joshi Chamber Ahmedabad Street Carnac Bunder Masjid (East), India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Shah Steel Impex Private Limited is U27105MH2006PTC158627 and the company number is 158627 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shah Steel Impex Private Limited is https://www.shahsteelgroup.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Shah Steel Impex Private Limited has fallen by -94.88%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Shah Steel Impex Private Limited has experienced an downturn of -387.77%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Shah Steel Impex Private Limited amount to ₹ 230.00 Cr.

  • The most recent Balance Sheet for Shah Steel Impex Private Limited was filed with the ROC on 31 Mar 2019.

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