The Kolhapur Steel Limited

Manufacturer of mild steel and stainless steel castings for various industries, with a production capacity of 6000 MTPA.

1965 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

The Kolhapur Steel Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 34.20 Cr
  • Company Age 59 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.55 Cr
  • Satisfied Charges ₹ 27.92 Cr
  • Revenue Growth 46.43%
  • Profit Growth -48.28%
  • Ebitda -17.28%
  • Net Worth -65.08%
  • Total Assets 49.69%

About The Kolhapur Steel

The Kolhapur Steel Limited (TKSL) was founded in India on 26 May 1965 and has a glorious history of 59 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Manufacturing 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 55.00 Cr and a paid-up capital of Rs 34.20 Cr.

The company currently has active open charges totaling ₹18.55 Cr. The company has closed loans amounting to ₹27.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Kolhapur Steel Limited India are Avinash Yadav as CFO and Gaurav Deshmukh as Company Secretary. Taranath Kondebettu, Suresh Deshpande, Ravindra Samant, and Four other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kolhapursteel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106MH1965PLC013212

  • Company No.

    013212

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 May 1965

  • Date of AGM

    17 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does The Kolhapur Steel Limited offer?

The Kolhapur Steel Limited offers a wide range of products and services, including Submersible Pump Parts, Submersible Pump Bowls, Metal Castings, CI Castings.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Avinash Yadav CFO15-Feb-2024Current
Rajkumar Assudani Country flag representing In Managing Director01-Aug-2023Current
Gaurav Deshmukh Company Secretary19-May-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Taranath Kondebettu Country flag representing In Director 30-Mar-2015Current
Suresh Deshpande Country flag representing In Director 21-Apr-2022Current
Ravindra Samant Country flag representing In Director 30-Aug-2016Current
Achyut Dhadphale Country flag representing In Director 19-Oct-2018Current
Ravish Mittal Country flag representing In Additional Director 15-Feb-2024Current
Rudrappa Mahajan Country flag representing In Director 19-May-2022Current

Financial Performance of The Kolhapur Steel.

The Kolhapur Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.43% increase. The company also saw a substantial fall in profitability, with a 48.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 65.08%.

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
46.43%
Revenue from Operations
45.12%
Total Assets
49.69%
Profit or Loss
-48.28%
Net Worth
-65.08%
EBITDA
-17.28%

What is the Ownership and Shareholding Structure of The Kolhapur Steel?

In 2023, The Kolhapur Steel had a promoter holding of 99.74% and a public holding of 0.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.55 Cr

Satisfied Charges

₹27.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 18.55 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Others₹5.00 CrOpen
05 Mar 2021Others₹8.55 CrOpen
28 Apr 2016Others₹5.00 CrOpen
27 Jun 2017Others₹5.00 CrSatisfied
14 Oct 2011Idbi Bank Limited₹4.50 CrSatisfied

How Many Employees Work at The Kolhapur Steel?

The Kolhapur Steel has a workforce of 174 employees as of Apr 05, 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 The Kolhapur 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 The Kolhapur 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 The Kolhapur Steel

Recent activity within the organization

  • Charges

    A charge registered on 01 Dec 2001 via Charge ID 90091719 with Standard Chartered Bank was fully satisfied on 30 Oct 2024.

    30 Oct 2024

  • Charges

    A charge registered on 29 Mar 1978 via Charge ID 90089143 with The Maharashtra State Financial Corporation was fully satisfied on 11 Oct 2024.

    11 Oct 2024

  • Charges

    A charge with Others of Rs. 8.55 Cr registered on 05 Mar 2021 with Charge ID 100431104 was modified on 13 Aug 2024.

    13 Aug 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 28 Apr 2016 with Charge ID 100024698 was modified on 13 Aug 2024.

    13 Aug 2024

  • Annual General Meeting

    The Kolhapur Steel Limited last Annual general meeting of members was held on 17 Jul 2024 as per latest MCA records.

    17 Jul 2024

  • Balance Sheet

    The Kolhapur Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • The Kolhapur Steel Limited was incorporated on 26 May 1965.

  • The authorized share capital of The Kolhapur Steel Limited is ₹ 55.00 Cr and paid-up capital is ₹ 34.20 Cr.

  • Currently 9 directors are associated with The Kolhapur Steel Limited.

    • Avinash Sarjerao Yadav
    • Taranath Kondebettu
    • Suresh Bhikaji Deshpande
    • Ravindra Ramkrishna Samant
    • Achyut Madhusudhan Dhadphale
    • Ravish Mittal
    • Rudrappa Channappa Mahajan
    • Rajkumar Pradhanlal Assudani
    • Gaurav Rajiv Deshmukh
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Kolhapur Steel Limited is Yamuna Survey No. 98/(3-7) Plot 3 Baner, India, Haveli, Maharashtra, 411045.

  • The corporate identification number (CIN) of The Kolhapur Steel Limited is U27106MH1965PLC013212 and the company number is 013212 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Kolhapur Steel Limited is https://www.kolhapursteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Kolhapur Steel Limited has risen by 46.43%.

  • As Per 2023 financial reports, 174 employees are currently employed by The Kolhapur Steel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Kolhapur Steel Limited has experienced an downturn of -65.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Kolhapur Steel Limited amount to ₹ 18.55 Cr.

  • The most recent Balance Sheet for The Kolhapur Steel Limited was filed with the ROC on 31 Mar 2024.

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