Steel Products Ltd.

Manufacturer of steel tower parts and structural components for transmission and telecom towers, also offers EPC services.

1917 | Kolkata, West Bengal (India) | Active
Last Updated: December 14, 2024

Steel Products Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.10 M
  • Company Age 107 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.69 Cr
  • Satisfied Charges ₹ 73.25 Cr
  • Revenue Growth 32.81%
  • Profit Growth 34.36%
  • Ebitda 458.07%
  • Net Worth 11.29%
  • Total Assets -0.50%

About Steel Products

Steel Products Ltd. (SPL) was founded in India on 09 October 1917 and has a glorious history of 107 years and four months. Its registered office is in Kolkata, West Bengal, 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 2.00 Cr and a paid-up capital of Rs 9.10 M.

The company currently has active open charges totaling ₹13.69 Cr. The company has closed loans amounting to ₹73.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steel Products Ltd. India are Manas Puntia as CFO and Prerna Rathi as Company Secretary. Hemant Khaitan, Madhulika Khaitan, Bijoy Saha, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steelpro.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109WB1917PLC002880

  • Company No.

    002880

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1917

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Engineering
Metals and Minerals
Telecom

What products or services does Steel Products Ltd. offer?

Steel Products Ltd. offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Installation, Antennas, Wifi & Communication Tower, Communication Towers.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Hemant Khaitan Country flag representing In Managing Director05-Sep-1997Current
Manas Puntia CFO08-Jun-2023Current
Prerna Rathi Company Secretary14-Nov-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Madhulika Khaitan Country flag representing In Director 10-Sep-2014Current
Bijoy Saha Country flag representing In Director 04-Jan-2023Current
Manoj Khaitan Country flag representing In Director 30-Jun-2021Current

Financial Performance of Steel Products.

Steel Products Ltd., for the financial year ended 2022, experienced significant growth in revenue, with a 32.81% increase. The company also saw a substantial improvement in profitability, with a 34.36% increase in profit. The company's net worth Soared by an impressive increase of 11.29%.

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
32.81%
Revenue from Operations
42.52%
Total Assets
-0.50%
Profit or Loss
34.36%
Net Worth
11.29%
EBITDA
458.07%

What is the Ownership and Shareholding Structure of Steel Products?

In 2022, Steel Products had a promoter holding of 75.74% and a public holding of 24.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.69 Cr

Satisfied Charges

₹73.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.69 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2024Others₹2.85 MOpen
22 Sep 2023Others₹1.00 CrOpen
10 May 2023Others₹4.00 MOpen
25 Feb 2023Others₹12.00 CrOpen
06 May 2008Icici Bank Limited₹0.90 MSatisfied

How Many Employees Work at Steel Products?

Steel Products has a workforce of 278 employees as of Apr 05, 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 Products, 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 Products'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 Products

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 25 Feb 2023 with Charge ID 100685118 was modified on 22 Nov 2024.

    22 Nov 2024

  • Annual General Meeting

    Steel Products Ltd. last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100934563 was registered on 27 May 2024.

    27 May 2024

  • Balance Sheet

    Steel Products Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100820401 was registered on 22 Sep 2023.

    22 Sep 2023

  • Director Appointment

    Manas Ranjan Puntia was appointed as a Cfo was appointed as a Cfo on 08 Jun 2023 & has been associated with this company since 1 year 8 months .

    08 Jun 2023

Frequently asked questions

  • Steel Products Ltd. was incorporated on 09 Oct 1917.

  • The authorized share capital of Steel Products Ltd. is ₹ 2.00 Cr and paid-up capital is ₹ 9.10 M.

  • Currently 6 directors are associated with Steel Products Ltd..

    • Hemant Kumar Khaitan
    • Madhulika Khaitan
    • Bijoy Shankar Saha
    • Manoj Khaitan
    • Manas Ranjan Puntia
    • Prerna Rathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steel Products Ltd. is 96 Garden Reach Road India, Kolkata, West Bengal, 700023.

  • The corporate identification number (CIN) of Steel Products Ltd. is L27109WB1917PLC002880 and the company number is 002880 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Steel Products Ltd. is https://www.steelpro.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Steel Products Ltd. has risen by 32.81%.

  • As Per 2022 financial reports, 278 employees are currently employed by Steel Products Ltd..

  • The financial reports for the fiscal year 2022 indicates that The net worth of Steel Products Ltd. has experienced an upsurge of 11.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Steel Products Ltd. amount to ₹ 13.69 Cr.

  • The most recent Balance Sheet for Steel Products Ltd. was filed with the ROC on 31 Mar 2024.

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