Wear Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 3.00 Cr
as on 17-06-2024
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
as on 17-06-2024
- Satisfied Charges ₹ 5.00 Cr
as on 17-06-2024
- Revenue 37.55%
(FY 2023)
- Profit 138.62%
(FY 2023)
- Ebitda 94.40%
(FY 2023)
- Net Worth 30.87%
(FY 2023)
- Total Assets 37.24%
(FY 2023)
About Wear Steels
The Corporate was formerly known as Southern Ferro Steels Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vivek Rao and Shivananda Nayak serve as directors at the Company.
- CIN/LLPIN
U13209KA2008PTC045646
- Company No.
045646
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Wear Steels Private Limited offer?
Wear Steels Private Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Turbine Components, Milling & Grinding Tools, Milling Machine Accessories, Crusher Spare Parts, Cone Crusher Parts, Impellers, Industrial & Engineering Goods, Surface Plates, Gearbox, Axle, Sprocket & Gear Parts.
Who are the key members and board of directors at Wear Steels?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Rao  | Whole-Time Director | 01-Jun-2008 | Current |
| Shivananda Nayak | Whole-Time Director | 10-Apr-2008 | Current |
Financial Performance of Wear Steels.
Wear Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.55% increase. The company also saw a substantial improvement in profitability, with a 138.62% increase in profit. The company's net worth Soared by an impressive increase of 30.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Wear Steels?
In 2023, Wear Steels had a promoter holding of 100.00%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 05 Sep 2023 | ₹5.00 Cr | Open |
State Bank Of India Creation Date: 25 May 2010 | ₹5.00 Cr | Satisfied |
How Many Employees Work at Wear Steels?
Wear Steels has a workforce of 126 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Wear 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 Wear Steels's trajectory.
Rating
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
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.
