Steeltech Resources Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.86 Cr
- Company Age 45 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 61.50 Cr
- Satisfied Charges ₹ 48.90 Cr
- Revenue Growth 145.13%
- Profit Growth 40.43%
- Ebitda -13.48%
- Net Worth -0.36%
- Total Assets -0.31%
About Steeltech Resources
Steeltech Resources Limited (SRL) is a Public Limited Indian Non-Government Company incorporated in India on 09 November 1979 and has a history of 45 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Ruchi Acroni Industries Limited. The Company is engaged in the Agriculture 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 10.00 Cr and a paid-up capital of Rs 4.86 Cr.
The company currently has active open charges totaling ₹61.50 Cr. The company has closed loans amounting to ₹48.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prakash Deshmukh, Rajesh Soni, and Shambunath Sadawarti serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74999MH1979PLC029075
- Company No.
029075
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Nov 1979
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Steeltech Resources?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Deshmukh  | Director | Current | |
| Rajesh Soni | Director | 07-Apr-2018 | Current |
| Shambunath Sadawarti | Director | 25-Mar-2002 | Current |
Financial Performance of Steeltech Resources.
Steeltech Resources Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 145.13% increase. The company also saw a substantial improvement in profitability, with a 40.43% increase in profit. The company's net worth dipped by a decrease of 0.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Steeltech Resources?
In 2023, Steeltech Resources had a public holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Agrotrade Enterprises LimitedPrakash Deshmukh, Rajesh Soni and 1 more are mutual person
Imec Services LimitedRajesh Soni is a mutual person
- Ruchi Corporation Private Limited
Shambunath Sadawarti is a mutual person
- Ensiaar Finvest Private Limited
Shambunath Sadawarti is a mutual person
- Ruchi Stock And Securities Private Limited
Shambunath Sadawarti is a mutual person
Charges (Loans)
₹61.50 Cr
₹48.90 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 61.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2001 | Uco Bank | ₹61.50 Cr | Open |
| 26 Jun 1996 | Industrial Finance Corporation Of India Ltd | ₹17.90 Cr | Satisfied |
| 05 Feb 1996 | Industrial Development Bank Of India | ₹30.00 Cr | Satisfied |
| 30 Aug 1988 | State Bank Of Indore | ₹1.00 Cr | Satisfied |
How Many Employees Work at Steeltech Resources?
Unlock and access historical data on people associated with Steeltech Resources, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Steeltech Resources, 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 Steeltech Resources'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.
