Steelmax Alloys Limited

Produces steel ingots with 21,000 TPA capacity at manufacturing facility in Kerala since 1994.

1994 | Palakkad, Kerala (India) | Active
Last Updated: July 17, 2024

Steelmax Alloys Profile

Key Indicators

  • Authorised Capital ₹ 5.30 Cr
  • Paid Up Capital ₹ 4.24 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.75 Cr
  • Satisfied Charges ₹ 8.34 Cr
  • Revenue Growth -27.08%
  • Profit Growth -3791.36%
  • Ebitda -2020.34%
  • Net Worth -596.35%
  • Total Assets -37.13%

About Steelmax Alloys

Steelmax Alloys Limited (SAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1994 and has a history of 30 years and nine months. Its registered office is in Palakkad, Kerala, India.

The Corporate was formerly known as K.R. Alloys 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 2023. It's a company limited by shares with an authorized capital of Rs 5.30 Cr and a paid-up capital of Rs 4.24 Cr.

The company currently has active open charges totaling ₹5.75 Cr. The company has closed loans amounting to ₹8.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kodalil Nazar, Parayil Asharaf, Koodathil Shabir, and Two other members serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310KL1994PLC021033

  • Company No.

    021033

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Steelmax Alloys?

Executive Team (1)

Name Designation Appointment Date Status
Parayil Asharaf Country flag representing In Managing Director 12-Dec-2011 Current

Board Members (4)

Name Designation Appointment Date Status
Koodathil Shabir Country flag representing In Director 21-Jan-2008 Current
Mohamed Safeer Country flag representing In Director 01-Jun-2014 Current
Kodalil Nazar Country flag representing In Director 04-Mar-2008 Current
Abdullah Athiyanathil Country flag representing In Director 07-Mar-2019 Current

Financial Performance of Steelmax Alloys.

Steelmax Alloys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.08% decrease. The company also saw a substantial fall in profitability, with a 3791.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 596.35%.

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
-27.08%
Revenue from Operations
-26.48%
Total Assets
-37.13%
Profit or Loss
-3791.36%
Net Worth
-596.35%
EBITDA
-2020.34%

What is the Ownership and Shareholding Structure of Steelmax Alloys?

In 2023, Steelmax Alloys had a promoter holding of 11.71% and a public holding of 88.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.75 Cr

Satisfied Charges

₹8.34 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.75 Cr
  • Indl Reconstruction Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2004 State Bank Of India ₹3.75 Cr Open
13 Jun 1996 Indl Reconstruction Bank Of India ₹2.00 Cr Open
30 Jul 2013 Daimler Financial Services India Private Limited ₹1.91 M Satisfied
19 Dec 2003 Kerala Financial Corp. ₹9.00 M Satisfied
19 Dec 2002 Kerala Financial Corporation ₹9.00 M Satisfied

How Many Employees Work at Steelmax Alloys?

Steelmax Alloys has a workforce of 29 employees as of Apr 07, 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 Steelmax Alloys, 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 Steelmax Alloys'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 Steelmax Alloys

Recent activity within the organization

  • Annual General Meeting

    Steelmax Alloys Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Steelmax Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 3.75 Cr registered on 29 Mar 2004 with Charge ID 90133183 was modified on 28 Dec 2022.

    28 Dec 2022

  • Director Appointment

    Abdullah Athiyanathil was appointed as a Director was appointed as a Director on 07 Mar 2019 & has been associated with this company since 5 years 10 months .

    07 Mar 2019

  • Charges

    A charge registered on 14 Mar 2001 via Charge ID 90132900 with State Bank Of Mysore was fully satisfied on 06 Feb 2019.

    06 Feb 2019

  • Charges

    A charge registered on 17 Aug 1999 via Charge ID 90134251 with State Bank Of Mysore was fully satisfied on 06 Feb 2019.

    06 Feb 2019

Frequently asked questions

  • Steelmax Alloys Limited was incorporated on 05 Apr 1994.

  • The authorized share capital of Steelmax Alloys Limited is ₹ 5.30 Cr and paid-up capital is ₹ 4.24 Cr.

  • Currently 5 directors are associated with Steelmax Alloys Limited.

    • Kodalil Abdul Nazar
    • Parayil Asharaf
    • Koodathil Shabir
    • Mohamed Safeer
    • Abdullah Athiyanathil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steelmax Alloys Limited is 9/823 Thillangad Junction Opp.Kannampully Sub-Station Manjalur Po, Palakkad, Kerala, India, 678502.

  • The corporate identification number (CIN) of Steelmax Alloys Limited is U27310KL1994PLC021033 and the company number is 021033 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Steelmax Alloys Limited is https://www.steelmaxindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Steelmax Alloys Limited has fallen by -27.08%.

  • As Per 2023 financial reports, 29 employees are currently employed by Steelmax Alloys Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Steelmax Alloys Limited has experienced an downturn of -596.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Steelmax Alloys Limited amount to ₹ 5.75 Cr.

  • The most recent Balance Sheet for Steelmax Alloys Limited was filed with the ROC on 31 Mar 2023.

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