Tensile Steel Limited

Steel trading and manufacturing of ferro-alloys and alloys, incorporated in 1960.

1960 | Active
Last Updated:

Tensile Steel Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 64 Year, 3 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 280.00 Cr
  • Satisfied Charges ₹ 119.91 Cr
  • Revenue Growth -41.71%
  • Profit Growth 97.24%
  • Ebitda 94.16%
  • Net Worth -0.87%
  • Total Assets 11.89%

About Tensile Steel

Tensile Steel Limited (TSL) was founded in India on 28 November 1960 and has a glorious history of 64 years and three months. Its registered office is in Na, Gujarat.

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 2020. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.10 Cr.

The company currently has active open charges totaling ₹280.00 Cr. The company has closed loans amounting to ₹119.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Shah, Sureshbhai Rajput, and Kishorbhai Suratwala serve as directors at the Company.

Company Details

  • Location Na, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nil

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999GJ1960PLC001006

  • Company No.

    001006

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1960

  • Date of AGM

    30 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Board Members (3)

NameDesignationAppointment DateStatus
Amit Shah Country flag representing In Director 17-Oct-2016Current
Sureshbhai Rajput Country flag representing In Additional Director 01-Nov-2019Current
Kishorbhai Suratwala Country flag representing In Additional Director 24-Nov-2018Current

Financial Performance of Tensile Steel.

Tensile Steel Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 41.71% decrease. The company also saw a substantial improvement in profitability, with a 97.24% increase in profit. The company's net worth dipped by a decrease of 0.87%.

Tensile Steel revenue growth over time
Tensile Steel 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
-41.71%
Revenue from Operations
-41.47%
Total Assets
11.89%
Profit or Loss
97.24%
Net Worth
-0.87%
EBITDA
94.16%

What is the Ownership and Shareholding Structure of Tensile Steel?

In 2020, Tensile Steel had a promoter holding of 87.50% and a public holding of 12.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹280.00 Cr

Satisfied Charges

₹119.91 Cr

Charges Breakdown by Lending Institutions

  • Ifci Limited : 200.00 Cr
  • Punjab And Maharashtra Co-Operative Bank Limited : 80.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2014Punjab And Maharashtra Co-Operative Bank Limited₹80.00 CrOpen
15 Sep 2014Ifci Limited₹200.00 CrOpen
27 May 2013The Ratnakar Bank Limited₹50.00 CrSatisfied
26 Nov 2012Punjab And Maharashtra Co-Op. Bank Ltd.₹41.87 CrSatisfied
11 May 1999Mahindra Realty And Infrastructure Development Limited₹16.00 CrSatisfied

How Many Employees Work at Tensile Steel?

Unlock and access historical data on people associated with Tensile Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Tensile Steel Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Tensile Steel Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.

  • Balance Sheet

    Tensile Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

  • Director Appointment

    Sureshbhai Ganpatbhai Rajput was appointed as a Additional Director was appointed as a Additional Director on 01 Nov 2019 & has been associated with this company since 5 years 4 months .

  • Director Appointment

    Kishorbhai Jagjivandas Suratwala was appointed as a Additional Director was appointed as a Additional Director on 24 Nov 2018 & has been associated with this company since 6 years 3 months .

  • Director Appointment

    Amit Mukesh Shah was appointed as a Director was appointed as a Director on 17 Oct 2016 & has been associated with this company since 8 years 4 months .

  • Charges

    A charge with Punjab And Maharashtra Co-Operative Bank Limited of Rs. 80.00 Cr registered on 23 Dec 2014 with Charge ID 10543729 was modified on 10 Aug 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Tensile Steel Limited?

    Tensile Steel Limited was incorporated on 28 Nov 1960.

  • What is authorized share capital and paid-up capital of Tensile Steel Limited?

    The authorized share capital of Tensile Steel Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.10 Cr.

  • Who are the current board members & directors of Tensile Steel Limited?

    Currently 3 directors are associated with Tensile Steel Limited.

    • Amit Mukesh Shah
    • Sureshbhai Ganpatbhai Rajput
    • Kishorbhai Jagjivandas Suratwala

  • What is the registered address of Tensile Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tensile Steel Limited is Hirabag Vishwamitri Rd., Baroda. India, Na, Gujarat.

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

    The corporate identification number (CIN) of Tensile Steel Limited is U99999GJ1960PLC001006 and the company number is 001006 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tensile Steel Limited?

    The Official website of Tensile Steel Limited is https://www.nil

  • What has been the recent revenue trend for Tensile Steel Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Tensile Steel Limited has fallen by -41.71%.

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

    The financial reports for the fiscal year 2018 indicates that The net worth of Tensile Steel Limited has experienced an downturn of -0.87%.

  • What are the total open charges for Tensile Steel Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Tensile Steel Limited amount to ₹ 280.00 Cr.

  • When was the last Balance Sheet of Tensile Steel Limited filed with the ROC?

    The most recent Balance Sheet for Tensile Steel Limited was filed with the ROC on 31 Mar 2020.

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