Texcon Steels Limited

Steel manufacturing and trading company with plans for induction and arc furnaces.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: October 24, 2024

Texcon Steels Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 31.35 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.40 Cr
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth %
  • Net Worth 2501.39%
  • Total Assets 4197.46%

About Texcon Steels

Texcon Steels Limited (TSL) is a Public Limited Indian Non-Government Company incorporated in India on 18 December 2007 and has a history of 17 years and two months. Its registered office is in Hyderabad, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 31.35 Cr.

The company currently has active open charges totaling ₹66.40 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ashish Agarwal, Anand Agarwal, Naresh Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100TG2007PLC056740

  • Company No.

    056740

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals
Energy and Power

Who are the key members and board of directors at Texcon Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashish Agarwal Country flag representing In Managing Director16-Aug-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Anand Agarwal Country flag representing In Additional Director 03-Apr-2024Current
Naresh Agarwal Country flag representing In Director 06-Dec-2022Current
Pankaj Agarwal Country flag representing In Director 20-Oct-2022Current
Sharad Agarwal Country flag representing In Additional Director 03-Apr-2024Current

Financial Performance of Texcon Steels.

Texcon Steels Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth Soared by an impressive increase of 2501.39%.

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
Revenue from Operations
Total Assets
4197.46%
Profit or Loss
Net Worth
2501.39%
EBITDA

What is the Ownership and Shareholding Structure of Texcon Steels?

In 2023, Texcon Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.40 Cr

Satisfied Charges

₹0.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 65.00 Cr
  • Others : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2023Others₹3.22 MOpen
12 Jul 2023Others₹1.82 MOpen
24 Mar 2023Hdfc Bank Limited₹65.00 CrOpen
08 Mar 2023Others₹4.00 MOpen
07 Mar 2023Others₹3.27 MOpen

How Many Employees Work at Texcon Steels?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Texcon Steels, 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 Texcon Steels'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 Texcon Steels

Recent activity within the organization

  • Director Appointment

    Anand Kumar Agarwal was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2024 & has been associated with this company since 10 months 18 days .

    03 Apr 2024

  • Director Appointment

    Sharad Agarwal was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2024 & has been associated with this company since 10 months 18 days .

    03 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100765038 was registered on 12 Jul 2023.

    12 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100765435 was registered on 12 Jul 2023.

    12 Jul 2023

  • Balance Sheet

    Texcon Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

Frequently asked questions

  • Texcon Steels Limited was incorporated on 18 Dec 2007.

  • The authorized share capital of Texcon Steels Limited is ₹ 35.00 Cr and paid-up capital is ₹ 31.35 Cr.

  • Currently 5 directors are associated with Texcon Steels Limited.

    • Ashish Kumar Agarwal
    • Anand Kumar Agarwal
    • Naresh Kumar Agarwal
    • Pankaj Kumar Agarwal
    • Sharad Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Texcon Steels Limited is 5-8-363 To 365A B 3Rd Floor Chirag Ali Lane, Abids India, Hyderbad, Telangana, 500001.

  • The corporate identification number (CIN) of Texcon Steels Limited is U27100TG2007PLC056740 and the company number is 056740 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Texcon Steels Limited has experienced an upsurge of 2501.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Texcon Steels Limited amount to ₹ 66.40 Cr.

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

People also Viewed

Similar Companies Based on Power Equipment Manufacturers