Steel Innovations Profile
Key Indicators
- Authorised Capital ₹ 1.61 Cr
- Paid Up Capital ₹ 1.59 Cr
- Company Age 19 Year, 19 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.98 Cr
- Satisfied Charges ₹ 5.47 Cr
- Revenue Growth -12.57%
- Profit Growth -29.74%
- Ebitda 12.00%
- Net Worth 4.64%
- Total Assets 8.91%
About Steel Innovations
Steel Innovations Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2006 and has a history of 19 years. Its registered office is in Bhopal, Madhya Pradesh, India.
The Company is engaged in the Engineering 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 1.61 Cr and a paid-up capital of Rs 1.59 Cr.
The company currently has active open charges totaling ₹13.98 Cr. The company has closed loans amounting to ₹5.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Agrawal, Prashant Agrawal, and Nidhi Agrawal serve as directors at the Company.
Company Details
-
Location
Bhopal, Madhya Pradesh, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U02899MP2006PTC018315
-
Company No.
018315
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
20 Jan 2006
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Steel Innovations?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nidhi Agrawal
|
Director | 20-Jan-2006 | Current |
|
Dinesh Agrawal
|
Director | 20-Jan-2006 | Current |
|
Prashant Agrawal
|
Director | 20-Jan-2006 | Current |
Financial Performance of Steel Innovations.
Steel Innovations Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 12.57% decrease. The company also saw a substantial fall in profitability, with a 29.74% decrease in profit. The company's net worth moved up by a moderate rise of 4.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Steel Innovations?
In 2024, Steel Innovations had a public holding of 54.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹13.98 Cr
₹5.47 Cr
Charges Breakdown by Lending Institutions
- Others : 9.02 Cr
- Sidbi : 4.01 Cr
- The Bharat Co- Op. Bank Ltd. : 0.38 Cr
- Societe Generale : 0.30 Cr
- State Bank Of India : 0.25 Cr
- Others : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2023 | Sidbi | ₹3.67 Cr | Open |
| 11 Aug 2023 | Others | ₹2.50 M | Open |
| 21 Apr 2023 | Others | ₹2.00 Cr | Open |
| 12 Sep 2019 | Sidbi | ₹3.36 M | Open |
| 22 Feb 2014 | Others | ₹6.77 Cr | Open |
How Many Employees Work at Steel Innovations?
Steel Innovations has a workforce of 20 employees as of Nov 25, 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 Steel Innovations, 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 Innovations'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.