Shalco Industries Private Limited

Manufactures stainless steel pipes and tubes for various industries with specialized services.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Shalco Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.67 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 123.85 Cr
  • Satisfied Charges ₹ 28.00 Cr
  • Revenue Growth 27.41%
  • Profit Growth 47.24%
  • Ebitda 7.21%
  • Net Worth 38.08%
  • Total Assets 23.59%

About Shalco Industries

Shalco Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2000 and has a history of 24 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Steelinfoline.Com (India) Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.67 Cr.

The company currently has active open charges totaling ₹123.85 Cr. The company has closed loans amounting to ₹28.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Bothra, Dinesh Bothra, Vikas Bothra, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2000PTC126940

  • Company No.

    126940

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Shalco Industries Private Limited offer?

Shalco Industries Private Limited offers a wide range of products and services, including Steel Pipes, Cold Drawn Tubes.

Who are the key members and board of directors at Shalco Industries?

Board Members (4)

Name Designation Appointment Date Status
Dinesh Bothra Country flag representing In Director 02-Jun-2000 Current
Ramesh Bothra Country flag representing In Director 21-Feb-2012 Current
Vikas Bothra Country flag representing In Director 21-Feb-2012 Current
Raju Bothra Country flag representing In Director 21-Feb-2012 Current

Financial Performance of Shalco Industries.

Shalco Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.41% increase. The company also saw a substantial improvement in profitability, with a 47.24% increase in profit. The company's net worth Soared by an impressive increase of 38.08%.

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
27.41%
Revenue from Operations
26.80%
Total Assets
23.59%
Profit or Loss
47.24%
Net Worth
38.08%
EBITDA
7.21%

What is the Ownership and Shareholding Structure of Shalco Industries?

In 2023, Shalco Industries had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹123.85 Cr

Satisfied Charges

₹28.00 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 65.00 Cr
  • Yes Bank Limited : 39.83 Cr
  • Standard Chartered Bank : 18.45 Cr
  • Others : 0.35 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2023 Citi Bank N.A. ₹15.00 Cr Open
20 Oct 2023 Citi Bank N.A. ₹50.00 Cr Open
25 Aug 2023 Others ₹2.00 M Open
16 Nov 2022 Hdfc Bank Limited ₹2.21 M Open
11 Aug 2021 Standard Chartered Bank ₹1.25 Cr Open

How Many Employees Work at Shalco Industries?

Shalco Industries has a workforce of 60 employees as of Apr 04, 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 Shalco Industries, 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 Shalco Industries'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 Shalco Industries

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. of Rs. 50.00 Cr registered on 20 Oct 2023 with Charge ID 100821952 was modified on 06 May 2024.

    06 May 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100824416 was registered on 07 Dec 2023.

    07 Dec 2023

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 50.00 Cr with Charge ID 100821952 was registered on 20 Oct 2023.

    20 Oct 2023

  • Annual General Meeting

    Shalco Industries 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 amounted to Rs. 0.20 Cr with Charge ID 100783432 was registered on 25 Aug 2023.

    25 Aug 2023

  • Balance Sheet

    Shalco Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Shalco Industries Private Limited was incorporated on 02 Jun 2000.

  • The authorized share capital of Shalco Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.67 Cr.

  • Currently 4 directors are associated with Shalco Industries Private Limited.

    • Ramesh Vachhraj Bothra
    • Dinesh Vachhraj Bothra
    • Vikas Dinesh Bothra
    • Raju Laxmichand Bothra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shalco Industries Private Limited is 202 2Nd Floor Plot C.S. No. 2982 2983 Amity Carpenter 1St Street, C. P. Tank India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Shalco Industries Private Limited is U72200MH2000PTC126940 and the company number is 126940 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shalco Industries Private Limited is https://www.shalco.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shalco Industries Private Limited has risen by 27.41%.

  • As Per 2023 financial reports, 60 employees are currently employed by Shalco Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shalco Industries Private Limited has experienced an upsurge of 38.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shalco Industries Private Limited amount to ₹ 123.85 Cr.

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

People also Viewed

Similar Companies Based on Pipe & Tubes