West India Steel Co Ltd

Steel manufacturing company established in 1961, based in Kerala.

1961 | Kozhikode, Kerala (India) | Active
Last Updated: December 25, 2024

West India Steel Co Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.08 M
  • Company Age 63 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.65 M
  • Revenue Growth 1.33%
  • Profit Growth 10.30%
  • Ebitda -35.35%
  • Net Worth 16.52%
  • Total Assets 14.90%

About West India Steel Co

West India Steel Co Ltd (WISCL) was founded in India on 21 September 1961 and has a glorious history of 63 years and five months.Its registered office is in Kozhikode, Kerala, 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 5.00 M and a paid-up capital of Rs 3.08 M.

The company currently has active open charges totaling ₹5.65 M.

Pulikkal Veettile, Jaber Wahab, Pulikkal Muneer, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27105KL1961PLC001951

  • Company No.

    001951

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1961

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at West India Steel Co?

Board Members (7)

NameDesignationAppointment DateStatus
Ajmal Wahab Country flag representing In Director 25-Jun-2024Current
Pulikkal Veettile Country flag representing In Director 01-Dec-2003Current
Jaber Wahab Country flag representing In Director 25-Jun-2024Current
Pulikkal Muneer Country flag representing In Director 30-May-2023Current
Javed Wahab Country flag representing In Director 25-Jun-2024Current
Afdhel Wahab Country flag representing In Director 25-Jun-2024Current

Financial Performance of West India Steel Co.

West India Steel Co Ltd, for the financial year ended 2021, experienced modest growth in revenue, with a 1.33% increase. The company also saw a substantial improvement in profitability, with a 10.3% increase in profit. The company's net worth Soared by an impressive increase of 16.52%.

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
1.33%
Revenue from Operations
Total Assets
14.90%
Profit or Loss
10.30%
Net Worth
16.52%
EBITDA
-35.35%

What is the Ownership and Shareholding Structure of West India Steel Co?

In 2021, West India Steel Co 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

₹5.65 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank Ltd. : 0.31 Cr
  • Canara Bank Ltd. : 0.24 Cr
  • The Kerala Financial Corporation : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 1975Canara Bank Ltd.₹0.80 MOpen
03 Apr 1975Canara Bank Ltd.₹0.70 MOpen
12 Jul 1969The Kerala Financial Corporation₹0.20 MOpen
12 Mar 1965Canara Bank Ltd.₹0.30 MOpen
28 Dec 1964Canara Bank Ltd.₹1.50 MOpen

How Many Employees Work at West India Steel Co?

Unlock and access historical data on people associated with West India Steel Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of West India Steel Co, 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 West India Steel Co'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 West India Steel Co

Recent activity within the organization

  • Annual General Meeting

    West India Steel Co Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Jaber Abdul Wahab was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 8 months .

    25 Jun 2024

  • Director Appointment

    Javed Abdul Wahab was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 8 months .

    25 Jun 2024

  • Director Appointment

    Ajmal Abdul Wahab was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 8 months .

    25 Jun 2024

  • Director Appointment

    Afdhel Abdul Wahab was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 8 months .

    25 Jun 2024

  • Balance Sheet

    West India Steel Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

Frequently asked questions

  • West India Steel Co Ltd was incorporated on 21 Sep 1961.

  • The authorized share capital of West India Steel Co Ltd is ₹ 5.00 M and paid-up capital is ₹ 3.08 M.

  • Currently 7 directors are associated with West India Steel Co Ltd.

    • Pulikkal Ali Mubarak Veettile
    • Jaber Abdul Wahab
    • Pulikkal Veettile Muneer
    • Javed Abdul Wahab
    • Ajmal Abdul Wahab
    • Afdhel Abdul Wahab
    • Puthan Veettil Hameed
  • As per Ministry of Corporate Affairs (Mca), the registered address of West India Steel Co Ltd is 1/970-E F, Kannur Road West Hill India, Kozhikode, Kerala, 673005.

  • The corporate identification number (CIN) of West India Steel Co Ltd is U27105KL1961PLC001951 and the company number is 001951 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for West India Steel Co Ltd has risen by 1.33%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of West India Steel Co Ltd has experienced an upsurge of 16.52%.

  • As per the financial statements for fiscal Year 2021, The total open charges for West India Steel Co Ltd amount to ₹ 5.65 M.

  • The most recent Balance Sheet for West India Steel Co Ltd was filed with the ROC on 31 Mar 2024.

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