Ugac Steels Private Limited

Manufactures and distributes various steel products, including mild steel and re-rolled steel.

2005 | Nagpur, Maharashtra (India) | Active
Last Updated: January 11, 2025

Ugac Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.60 Cr
  • Revenue Growth 26.43%
  • Profit Growth 177.55%
  • Ebitda -516.36%
  • Net Worth 413.08%
  • Total Assets 12.15%

About Ugac Steels

Ugac Steels Private Limited (USPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 2005 and has a history of 19 years and two 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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.60 Cr.

Ravikant Sharma and Lata Sharma 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

    U27100MH2005PTC157536

  • Company No.

    157536

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Ravikant Sharma Country flag representing In Director 24-Nov-2005 Current
Lata Sharma Country flag representing In Director 24-Nov-2005 Current

Financial Performance of Ugac Steels.

Ugac Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.43% increase. The company also saw a substantial improvement in profitability, with a 177.55% increase in profit. The company's net worth Soared by an impressive increase of 413.08%.

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
26.43%
Revenue from Operations
26.46%
Total Assets
12.15%
Profit or Loss
177.55%
Net Worth
413.08%
EBITDA
-516.36%

What is the Ownership and Shareholding Structure of Ugac Steels?

In 2019, Ugac 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

₹16.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
07 May 2019 Yes Bank Limited ₹1.60 Cr Open

How Many Employees Work at Ugac Steels?

Ugac Steels has a workforce of 16 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 Ugac 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 Ugac 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 Ugac Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ugac Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 16.00 M registered on 07 May 2019 with Charge ID 100262374 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 16.00 M with Charge ID 100262374 was registered on 07 May 2019.

    07 May 2019

  • Director Appointment

    Ravikant Harishankar Sharma was appointed as a Director was appointed as a Director on 24 Nov 2005 & has been associated with this company since 19 years 2 months .

    24 Nov 2005

  • Director Appointment

    Lata Ravikant Sharma was appointed as a Director was appointed as a Director on 24 Nov 2005 & has been associated with this company since 19 years 2 months .

    24 Nov 2005

Frequently asked questions

  • Ugac Steels Private Limited was incorporated on 24 Nov 2005.

  • The authorized share capital of Ugac Steels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Ugac Steels Private Limited.

    • Ravikant Harishankar Sharma
    • Lata Ravikant Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ugac Steels Private Limited is Plot No 10/A Midc, Butibori India, Nagpur, Maharashtra, 441122.

  • The corporate identification number (CIN) of Ugac Steels Private Limited is U27100MH2005PTC157536 and the company number is 157536 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ugac Steels Private Limited has risen by 26.43%.

  • As Per 2022 financial reports, 16 employees are currently employed by Ugac Steels Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ugac Steels Private Limited has experienced an upsurge of 413.08%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ugac Steels Private Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Ugac Steels Private Limited was filed with the ROC on 31 Mar 2024.

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