Upper India Steel Manufacturing & Engineering Company Limited

Steel manufacturing for automotive, railways, and engineering industries in Punjab.

1961 | Ludhiana, Punjab (India) | Active
Last Updated:

Upper India Steel Manufacturing & Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.52 Cr
  • Company Age 63 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 65.50 Cr
  • Satisfied Charges ₹ 31.11 Cr
  • Revenue Growth -75.45%
  • Profit Growth -13.09%
  • Ebitda -49.18%
  • Net Worth -33.46%
  • Total Assets -3.05%

About Upper India Steel Manufacturing & Engineering Company

Upper India Steel Manufacturing & Engineering Company Limited (UISMECL) was founded in India on 21 August 1961 and has a glorious history of 63 years and six months.Its registered office is in Ludhiana, Punjab, 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 12.00 Cr and a paid-up capital of Rs 11.52 Cr.

The company currently has active open charges totaling ₹65.50 Cr. The company has closed loans amounting to ₹31.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Upper India Steel Manufacturing & Engineering Company Limited India are Anil Kaushal as CFO and Vishakha Malhotra as Company Secretary. Gurlal Grewal, Pritpal Grewal, Sant Grewal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    upperindiasteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104PB1961PLC002397

  • Company No.

    002397

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1961

  • Date of AGM

    28 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at Upper India Steel Manufacturing & Engineering Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Gursimran Grewal Country flag representing In Managing Director11-Jan-2007Current
Anil Kaushal CFO27-Mar-2019Current
Vishakha Malhotra Company Secretary12-Apr-2018Current

Board Members (7)

NameDesignationAppointment DateStatus
Gurlal Grewal Country flag representing In Director 29-Sep-1973Current
Pritpal Grewal Country flag representing In Director 21-Aug-1961Current
Sant Grewal Country flag representing Ca Director 29-Sep-2001Current
Saminder Grewal Country flag representing In Whole-Time Director 04-Oct-2006Current
Kushal Dhillon Country flag representing Us Whole-Time Director 11-Jan-2007Current
Rajindar Grewal Country flag representing Us Director 06-Mar-2007Current

Financial Performance of Upper India Steel Manufacturing & Engineering Company.

Upper India Steel Manufacturing & Engineering Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 75.45% decrease. The company also saw a substantial fall in profitability, with a 13.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.46%.

Upper India Steel Manufacturing & Engineering Company revenue growth over time
Upper India Steel Manufacturing & Engineering Company 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
-75.45%
Revenue from Operations
-74.76%
Total Assets
-3.05%
Profit or Loss
-13.09%
Net Worth
-33.46%
EBITDA
-49.18%

What is the Ownership and Shareholding Structure of Upper India Steel Manufacturing & Engineering Company?

In 2023, Upper India Steel Manufacturing & Engineering Company had a promoter holding of 41.49% and a public holding of 58.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.50 Cr

Satisfied Charges

₹31.11 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 65.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 1988Canara Bank₹65.50 CrOpen
30 Dec 2009Kotak Mahindra Bank Limited₹2.05 MSatisfied
09 Sep 2008Sbi Factors Commercial Services Pvt Ltd₹11.75 CrSatisfied
16 Aug 2007Canara Bank₹8.00 CrSatisfied
04 Feb 1991Canara Bank₹2.75 CrSatisfied

How Many Employees Work at Upper India Steel Manufacturing & Engineering Company?

Upper India Steel Manufacturing & Engineering Company has a workforce of 3 employees as of Jul 14, 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 Upper India Steel Manufacturing & Engineering Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Upper India Steel Manufacturing & Engineering Company, 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 Upper India Steel Manufacturing & Engineering Company'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 Upper India Steel Manufacturing & Engineering Company

Recent activity within the organization

  • Annual General Meeting

    Upper India Steel Manufacturing & Engineering Company Limited last Annual general meeting of members was held on 28 Nov 2023 as per latest MCA records.

  • Balance Sheet

    Upper India Steel Manufacturing & Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Badshah Malik was appointed as a Director was appointed as a Director on 14 Jan 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge registered on 30 Dec 2009 via Charge ID 10199511 with Kotak Mahindra Bank Limited was fully satisfied on 30 Jul 2014.

  • Charges

    A charge with Canara Bank of Rs. 65.50 Cr registered on 15 Jun 1988 with Charge ID 80044214 was modified on 28 Jun 2014.

  • Charges

    A charge registered on 09 Sep 2008 via Charge ID 10120921 with Sbi Factors Commercial Services Pvt Ltd was fully satisfied on 21 Feb 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Upper India Steel Manufacturing & Engineering Company Limited?

    Upper India Steel Manufacturing & Engineering Company Limited was incorporated on 21 Aug 1961.

  • What is authorized share capital and paid-up capital of Upper India Steel Manufacturing & Engineering Company Limited?

    The authorized share capital of Upper India Steel Manufacturing & Engineering Company Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.52 Cr.

  • Who are the current board members & directors of Upper India Steel Manufacturing & Engineering Company Limited?

    Currently 10 directors are associated with Upper India Steel Manufacturing & Engineering Company Limited.

    • Gurlal Singh Grewal
    • Pritpal Singh Grewal
    • Sant Prasad Singh Grewal
    • Saminder Singh Grewal
    • Gursimran Singh Grewal
    • Kushal Dhillon
    • Rajindar S Grewal
    • Badshah Malik
    • Anil Kaushal
    • Vishakha Malhotra

  • What is the registered address of Upper India Steel Manufacturing & Engineering Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Upper India Steel Manufacturing & Engineering Company Limited is Dhandari Industrial Focalpoint Sherpur Kalan, Ludhiana, Punjab, India, 141010.

  • What is the corporate identification number (CIN) and company number of Upper India Steel Manufacturing & Engineering Company Limited?

    The corporate identification number (CIN) of Upper India Steel Manufacturing & Engineering Company Limited is U27104PB1961PLC002397 and the company number is 002397 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Upper India Steel Manufacturing & Engineering Company Limited?

    The Official website of Upper India Steel Manufacturing & Engineering Company Limited is https://www.upperindiasteel.com

  • What has been the recent revenue trend for Upper India Steel Manufacturing & Engineering Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Upper India Steel Manufacturing & Engineering Company Limited has fallen by -75.45%.

  • How many employees does Upper India Steel Manufacturing & Engineering Company Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Upper India Steel Manufacturing & Engineering Company Limited.

  • What change has been observed in the net worth of Upper India Steel Manufacturing & Engineering Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Upper India Steel Manufacturing & Engineering Company Limited has experienced an downturn of -33.46%.

  • What are the total open charges for Upper India Steel Manufacturing & Engineering Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Upper India Steel Manufacturing & Engineering Company Limited amount to ₹ 65.50 Cr.

  • When was the last Balance Sheet of Upper India Steel Manufacturing & Engineering Company Limited filed with the ROC?

    The most recent Balance Sheet for Upper India Steel Manufacturing & Engineering Company Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing