Steel Mart India Private Limited

Distributes wear-resistant and high-strength steel plates for various industries.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: June 16, 2024

Steel Mart India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 135.00 Cr
  • Revenue Growth 22.45%
  • Profit Growth 8.22%
  • Ebitda -2.78%
  • Net Worth 23.55%
  • Total Assets 1.77%

About Steel Mart India

Steel Mart India Private Limited (SMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 September 2009 and has a history of 15 years and four months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹135.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manoj Turakhia and Dhruv Moondhra serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2009PTC195588

  • Company No.

    195588

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Steel Mart India Private Limited offer?

Steel Mart India Private Limited offers a wide range of products and services, including Mild Steel Bars.

Who are the key members and board of directors at Steel Mart India?

Board Members (2)

NameDesignationAppointment DateStatus
Dhruv Moondhra Country flag representing In Director 08-Sep-2009Current
Manoj Turakhia Country flag representing In Director 23-Dec-2009Current

Financial Performance of Steel Mart India.

Steel Mart India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.45% increase. The company also saw a slight improvement in profitability, with a 8.22% increase in profit. The company's net worth Soared by an impressive increase of 23.55%.

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
22.45%
Revenue from Operations
22.32%
Total Assets
1.77%
Profit or Loss
8.22%
Net Worth
23.55%
EBITDA
-2.78%

What is the Ownership and Shareholding Structure of Steel Mart India?

In 2023, Steel Mart India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹350.00 M

Satisfied Charges

₹1,350.00 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2010Indian Overseas Bank₹35.00 CrOpen
25 Nov 2011Icici Bank Limited₹20.00 CrSatisfied
08 Jul 2010Axis Bank Limited₹115.00 CrSatisfied

How Many Employees Work at Steel Mart India?

Steel Mart India has a workforce of 8 employees as of Apr 08, 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 Steel Mart India, 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 Mart India'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 Mart India

Recent activity within the organization

  • Annual General Meeting

    Steel Mart India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Steel Mart India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Nov 2011 via Charge ID 10319567 with Icici Bank Limited was fully satisfied on 14 Jan 2015.

    14 Jan 2015

  • Charges

    A charge registered on 08 Jul 2010 via Charge ID 10230180 with Axis Bank Limited was fully satisfied on 09 Dec 2014.

    09 Dec 2014

  • Charges

    A charge with Indian Overseas Bank of Rs. 350.00 M registered on 03 Aug 2010 with Charge ID 10240633 was modified on 14 Jun 2012.

    14 Jun 2012

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 200.00 M with Charge ID 10319567 was registered on 25 Nov 2011.

    25 Nov 2011

Frequently asked questions

  • Steel Mart India Private Limited was incorporated on 08 Sep 2009.

  • The authorized share capital of Steel Mart India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Steel Mart India Private Limited.

    • Manoj Mansukhlal Turakhia
    • Dhruv Sriratan Moondhra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steel Mart India Private Limited is 78 Onlooker Building Sir Pherozeshah Mehta Road, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Steel Mart India Private Limited is U74990MH2009PTC195588 and the company number is 195588 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Steel Mart India Private Limited is https://www.steelmartindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Steel Mart India Private Limited has risen by 22.45%.

  • As Per 2023 financial reports, 8 employees are currently employed by Steel Mart India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Steel Mart India Private Limited has experienced an upsurge of 23.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Steel Mart India Private Limited amount to ₹ 35.00 Cr.

  • The most recent Balance Sheet for Steel Mart India Private Limited was filed with the ROC on 31 Mar 2023.

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