Steel Exchange Chennai Limited

Steel trading company based in Chennai, India since 2001.

2001 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Steel Exchange Chennai Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.95 Cr
  • Revenue Growth 196.29%
  • Profit Growth 79.64%
  • Ebitda -134.74%
  • Net Worth -0.24%
  • Total Assets 0.22%

About Steel Exchange Chennai

Steel Exchange Chennai Limited (SECL) is a Public Limited Indian Non-Government Company incorporated in India on 30 March 2001 and has a history of 23 years and 11 months. Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹8.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hariprasad Duvvuru, Jyothi Duvvuru, and Srikireddy Reddy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51420TN2001PLC046891

  • Company No.

    046891

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Steel Exchange Chennai?

Board Members (3)

NameDesignationAppointment DateStatus
Hariprasad Duvvuru Country flag representing In Director 05-Jan-2017Current
Jyothi Duvvuru Country flag representing In Director 05-Jan-2017Current
Srikireddy Reddy Country flag representing In Additional Director 25-Oct-2016Current

Financial Performance of Steel Exchange Chennai.

Steel Exchange Chennai Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 196.29% increase. The company also saw a substantial improvement in profitability, with a 79.64% increase in profit. The company's net worth dipped by a decrease of 0.24%.

Steel Exchange Chennai revenue growth over time
Steel Exchange Chennai 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
196.29%
Revenue from Operations
Total Assets
0.22%
Profit or Loss
79.64%
Net Worth
-0.24%
EBITDA
-134.74%

What is the Ownership and Shareholding Structure of Steel Exchange Chennai?

In 2021, Steel Exchange Chennai had a promoter holding of 54.85% and a public holding of 45.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.95 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 6.50 Cr
  • Vijaya Bank : 2.00 Cr
  • U.T.I. Bank Ltd. : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2011The Karur Vysya Bank Limited₹6.50 CrSatisfied
24 Jan 2009Vijaya Bank₹2.00 CrSatisfied
23 Jan 2004U.T.I. Bank Ltd.₹4.50 MSatisfied

How Many Employees Work at Steel Exchange Chennai?

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

Employee growth trends for Steel Exchange Chennai Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Steel Exchange Chennai, 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 Steel Exchange Chennai'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 Steel Exchange Chennai

Recent activity within the organization

  • Annual General Meeting

    Steel Exchange Chennai Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Steel Exchange Chennai Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 30 Aug 2011 via Charge ID 10312310 with The Karur Vysya Bank Limited was fully satisfied on 07 Nov 2017.

  • Director Appointment

    Hariprasad Reddy Duvvuru was appointed as a Director was appointed as a Director on 05 Jan 2017 & has been associated with this company since 8 years 2 months .

  • Director Appointment

    Jyothi Duvvuru was appointed as a Director was appointed as a Director on 05 Jan 2017 & has been associated with this company since 8 years 2 months .

  • Director Appointment

    Srikireddy Dayakar Reddy was appointed as a Additional Director was appointed as a Additional Director on 25 Oct 2016 & has been associated with this company since 8 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Steel Exchange Chennai Limited?

    Steel Exchange Chennai Limited was incorporated on 30 Mar 2001.

  • What is authorized share capital and paid-up capital of Steel Exchange Chennai Limited?

    The authorized share capital of Steel Exchange Chennai Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Steel Exchange Chennai Limited?

    Currently 3 directors are associated with Steel Exchange Chennai Limited.

    • Hariprasad Reddy Duvvuru
    • Jyothi Duvvuru
    • Srikireddy Dayakar Reddy

  • What is the registered address of Steel Exchange Chennai Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Steel Exchange Chennai Limited is No:98 3Rd Floor Halls Road India, Kilpauk, Tamil Nadu, 600010.

  • What is the corporate identification number (CIN) and company number of Steel Exchange Chennai Limited?

    The corporate identification number (CIN) of Steel Exchange Chennai Limited is U51420TN2001PLC046891 and the company number is 046891 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Steel Exchange Chennai Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Steel Exchange Chennai Limited has risen by 196.29%.

  • What change has been observed in the net worth of Steel Exchange Chennai Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Steel Exchange Chennai Limited has experienced an downturn of -0.24%.

  • When was the last Balance Sheet of Steel Exchange Chennai Limited filed with the ROC?

    The most recent Balance Sheet for Steel Exchange Chennai Limited was filed with the ROC on 31 Mar 2024.

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