Ub Stainless Limited

Manufactures stainless steel welded tubes for various industries, with large production capacity.

1993 | Nashik, Maharashtra (India) | Active
Last Updated:

Ub Stainless Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.25 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.60 Cr
  • Satisfied Charges ₹ 9.25 Cr
  • Revenue Growth 78.50%
  • Profit Growth 58.63%
  • Ebitda 20.47%
  • Net Worth 16.16%
  • Total Assets 26.46%

About Ub Stainless

Ub Stainless Limited (USL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 1993 and has a history of 31 years and seven months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as West Coast Saw Pipes Ltd. 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 4.25 Cr and a paid-up capital of Rs 4.25 Cr.

The company currently has active open charges totaling ₹51.60 Cr. The company has closed loans amounting to ₹9.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aiyush Bhuwalka, Sushil Bhuwalka, and Vandana Uberoi serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120MH1993PLC074220

  • Company No.

    074220

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Ub Stainless Limited offer?

Ub Stainless Limited offers a wide range of products and services, including Automobile Silencers.

Company report

Ub Stainless Limited

Explore comprehensive data for Ub Stainless Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ub Stainless?

Executive Team (1)

NameDesignationAppointment DateStatus
Sushil Bhuwalka Country flag representing In Managing Director28-Sep-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Aiyush Bhuwalka Country flag representing In Director 30-Sep-2005Current
Vandana Uberoi Country flag representing In Additional Director 10-Mar-2016Current

Financial Performance of Ub Stainless.

Ub Stainless Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 78.5% increase. The company also saw a substantial improvement in profitability, with a 58.63% increase in profit. The company's net worth Soared by an impressive increase of 16.16%.

Ub Stainless revenue growth over time
Ub Stainless 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
78.50%
Revenue from Operations
77.68%
Total Assets
26.46%
Profit or Loss
58.63%
Net Worth
16.16%
EBITDA
20.47%

What is the Ownership and Shareholding Structure of Ub Stainless?

In 2022, Ub Stainless had a promoter holding of 70.76% and a public holding of 29.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.60 Cr

Satisfied Charges

₹9.25 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 38.10 Cr
  • Others : 13.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Apr 2023Others₹10.00 CrOpen
14 Sep 2021Others₹3.50 CrOpen
29 Mar 2011Axis Bank Limited₹38.10 CrOpen
03 Sep 2019Others₹1.25 CrSatisfied
18 Mar 2000State Bank Of India₹1.20 CrSatisfied

How Many Employees Work at Ub Stainless?

Ub Stainless has a workforce of 104 employees as of Mar 29, 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 Ub Stainless Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ub Stainless, 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 Ub Stainless'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 Ub Stainless

Recent activity within the organization

  • Annual General Meeting

    Ub Stainless Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ub Stainless Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 21 Apr 2023 with Charge ID 100717648 was modified on 27 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100717648 was registered on 21 Apr 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 38.10 Cr registered on 29 Mar 2011 with Charge ID 10277043 was modified on 02 Jul 2022.

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100486336 was registered on 14 Sep 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Ub Stainless Limited?

    Ub Stainless Limited was incorporated on 28 Sep 1993.

  • What is authorized share capital and paid-up capital of Ub Stainless Limited?

    The authorized share capital of Ub Stainless Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.25 Cr.

  • Who are the current board members & directors of Ub Stainless Limited?

    Currently 3 directors are associated with Ub Stainless Limited.

    • Aiyush Bhuwalka
    • Sushil Bhuwalka
    • Vandana Uberoi
  • What is the registered address of Ub Stainless Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ub Stainless Limited is Plot No. A 63 64 Midc Industrial Estate Near Malegaon Sinnar, India, Nasik, Maharashtra, 422103.

  • What is the corporate identification number (CIN) and company number of Ub Stainless Limited?

    The corporate identification number (CIN) of Ub Stainless Limited is U29120MH1993PLC074220 and the company number is 074220 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ub Stainless Limited?

    The Official website of Ub Stainless Limited is https://www.ubstainless.in

  • What has been the recent revenue trend for Ub Stainless Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ub Stainless Limited has risen by 78.50%.

  • How many employees does Ub Stainless Limited currently have?

    As Per 2022 financial reports, 104 employees are currently employed by Ub Stainless Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Ub Stainless Limited has experienced an upsurge of 16.16%.

  • What are the total open charges for Ub Stainless Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Ub Stainless Limited amount to ₹ 51.60 Cr.

  • When was the last Balance Sheet of Ub Stainless Limited filed with the ROC?

    The most recent Balance Sheet for Ub Stainless Limited was filed with the ROC on 31 Mar 2024.

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