Swetal Steel Industries Private Limited

Specializing in steel product trading.

1982 | Nagpur, Maharashtra (India) | Active
Last Updated:

Swetal Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.01 M
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.05 Cr
  • Satisfied Charges ₹ 5.10 Cr
  • Revenue Growth 56.53%
  • Profit Growth 47.84%
  • Ebitda -26.27%
  • Net Worth 12.28%
  • Total Assets 7.23%

About Swetal Steel Industries

Swetal Steel Industries Private Limited (SSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 1982 and has a history of 42 years and 11 months. Its registered office is in Nagpur, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.01 M.

The company currently has active open charges totaling ₹2.05 Cr. The company has closed loans amounting to ₹5.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nathuram Palandurkar and Nilesh Palandurkar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106MH1982PTC027260

  • Company No.

    027260

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Company report

Swetal Steel Industries Private Limited

Explore comprehensive data for Swetal Steel Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nathuram Palandurkar Country flag representing In Director 29-May-1982Current
Nilesh Palandurkar Country flag representing In Director 04-Sep-2003Current

Financial Performance of Swetal Steel Industries.

Swetal Steel Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.53% increase. The company also saw a substantial improvement in profitability, with a 47.84% increase in profit. The company's net worth Soared by an impressive increase of 12.28%.

Swetal Steel Industries revenue growth over time
Swetal Steel Industries 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
56.53%
Revenue from Operations
Total Assets
7.23%
Profit or Loss
47.84%
Net Worth
12.28%
EBITDA
-26.27%

What is the Ownership and Shareholding Structure of Swetal Steel Industries?

Unlock access to Swetal Steel Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.05 Cr

Satisfied Charges

₹5.10 Cr

Charges Breakdown by Lending Institutions

  • The Lakshmi Vilas Bank Limited : 1.85 Cr
  • Allahabad Bank : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2011The Lakshmi Vilas Bank Limited₹1.85 CrOpen
21 Jun 1999Allahabad Bank₹2.00 MOpen
20 Nov 2003Central Bank Of India₹2.40 CrSatisfied
24 Aug 1993Central Bank Of India₹1.90 CrSatisfied
03 Sep 1987Central Bank Of India₹8.00 MSatisfied

How Many Employees Work at Swetal Steel Industries?

Swetal Steel Industries has a workforce of 0 employees as of Apr 10, 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.

Employee growth trends for Swetal Steel Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swetal Steel Industries, 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 Swetal Steel Industries'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 Swetal Steel Industries

Recent activity within the organization

  • Annual General Meeting

    Swetal Steel Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Swetal Steel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 20 Nov 2003 via Charge ID 90188927 with Central Bank Of India was fully satisfied on 05 Feb 2011.

  • Charges

    A charge registered on 24 Aug 1993 via Charge ID 90188493 with Central Bank Of India was fully satisfied on 05 Feb 2011.

  • Charges

    A charge registered on 03 Sep 1987 via Charge ID 90185245 with Central Bank Of India was fully satisfied on 05 Feb 2011.

  • Charges

    A charge with The Lakshmi Vilas Bank Limited amounted to Rs. 1.85 Cr with Charge ID 10265336 was registered on 07 Jan 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Swetal Steel Industries Private Limited?

    Swetal Steel Industries Private Limited was incorporated on 29 May 1982.

  • What is authorized share capital and paid-up capital of Swetal Steel Industries Private Limited?

    The authorized share capital of Swetal Steel Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.01 M.

  • Who are the current board members & directors of Swetal Steel Industries Private Limited?

    Currently 2 directors are associated with Swetal Steel Industries Private Limited.

    • Nathuram Ramchand Palandurkar
    • Nilesh Natthuji Palandurkar
  • What is the registered address of Swetal Steel Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swetal Steel Industries Private Limited is 51 Small Factory Area, Bagadganj India, Nagpur, Maharashtra, 440008.

  • What is the corporate identification number (CIN) and company number of Swetal Steel Industries Private Limited?

    The corporate identification number (CIN) of Swetal Steel Industries Private Limited is U27106MH1982PTC027260 and the company number is 027260 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Swetal Steel Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swetal Steel Industries Private Limited has risen by 56.53%.

  • What change has been observed in the net worth of Swetal Steel Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swetal Steel Industries Private Limited has experienced an upsurge of 12.28%.

  • What are the total open charges for Swetal Steel Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swetal Steel Industries Private Limited amount to ₹ 2.05 Cr.

  • When was the last Balance Sheet of Swetal Steel Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Swetal Steel Industries Private Limited was filed with the ROC on 31 Mar 2024.

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