Sharu Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.50 Cr
as on 16-11-2024
- Company Age 37 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 54.81 Cr
as on 16-11-2024
- Satisfied Charges ₹ 20.79 Cr
as on 16-11-2024
- Revenue 13.65%
(FY 2023)
- Profit 28.45%
(FY 2023)
- Ebitda 24.51%
(FY 2023)
- Net Worth 17.20%
(FY 2023)
- Total Assets 7.08%
(FY 2023)
About Sharu Steels
The Corporate was formerly known as Amita Spinners 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹54.81 Cr. The company has closed loans amounting to ₹20.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saroop Singh, Gurleen Singh, Kawaljeet Singh, and One other member serve as directors at the Company.
- CIN/LLPIN
U18201PB1987PTC007370
- Company No.
007370
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 1987
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Sharu Steels Private Limited offer?
Sharu Steels Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Rods, Steel & Stainless Steel Products, Industrial Steel, Forged Components, Die Blocks, Steel Squares, Round Bars, Wire Rods.
Who are the key members and board of directors at Sharu Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kewal Garg  | Managing Director | 10-Jul-1994 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saroop Singh | Director | 14-Feb-1990 | Current |
| Gurleen Singh | Director | 27-Aug-2008 | Current |
| Kawaljeet Singh | Director | 27-Aug-2008 | Current |
Financial Performance of Sharu Steels.
Sharu Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.65% increase. The company also saw a substantial improvement in profitability, with a 28.45% increase in profit. The company's net worth Soared by an impressive increase of 17.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sharu Steels?
In 2023, Sharu 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.
Related Corporates (Common Directorship)
Sharu Steel Rolling Mills Private LimitedActive 15 years 10 monthsSaroop Singh, Kawaljeet Singh and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Aug 2024 | ₹1.50 M | Open |
Hdfc Bank Limited Creation Date: 28 Aug 2024 | ₹1.90 M | Open |
Others Creation Date: 14 Jun 2024 | ₹0.80 M | Open |
How Many Employees Work at Sharu Steels?
Sharu Steels has a workforce of 34 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sharu 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 Sharu Steels's trajectory.
Rating
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
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.
