Yates Steels Private Limited

Manufactures and supplies steel cans, tins, containers, and dished ends in various capacities.

2010 | Himmatnagar, Gujarat (India) | Active
Last Updated:

Yates Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.13 Cr
  • Satisfied Charges ₹ 2.40 Cr
  • Revenue Growth 61.05%
  • Profit Growth 147.82%
  • Ebitda 210.96%
  • Net Worth 35.06%
  • Total Assets 246.08%

About Yates Steels

Yates Steels Private Limited (YSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 September 2010 and has a history of 14 years and five months. Its registered office is in Himmatnagar, Gujarat, India.

The Company is engaged in the Packaging 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 1.00 Cr and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹2.13 Cr. The company has closed loans amounting to ₹2.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nenaram Chaudhary, Manubhai Patel, Ronakkumar Patel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Himmatnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    yatessteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2010PTC062438

  • Company No.

    062438

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2010

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Yates Steels Private Limited offer?

Yates Steels Private Limited offers a wide range of products and services, including Electronic Safes & Security Systems, Storage Lockers, Storage Tanks, Drums & Containers, Fuel Container, Packaging Caps & Seals, Cap Closures.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mahendrakumar Patel Country flag representing In Managing Director25-Nov-2010Current

Board Members (7)

NameDesignationAppointment DateStatus
Ronakkumar Patel Country flag representing In Director 01-May-2015Current
Rajesh Shah Country flag representing In Director 01-Dec-2012Current
Hiteshkumar Patel Country flag representing In Director 01-May-2015Current
Nenaram Chaudhary Country flag representing In Director 02-Sep-2015Current
Manubhai Patel Country flag representing In Director 01-May-2015Current
Christopher Yates Country flag representing Io Director 25-Nov-2010Current

Financial Performance of Yates Steels.

Yates Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.05% increase. The company also saw a substantial improvement in profitability, with a 147.82% increase in profit. The company's net worth Soared by an impressive increase of 35.06%.

Yates Steels revenue growth over time
Yates Steels 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
61.05%
Revenue from Operations
60.73%
Total Assets
246.08%
Profit or Loss
147.82%
Net Worth
35.06%
EBITDA
210.96%

What is the Ownership and Shareholding Structure of Yates Steels?

In 2023, Yates 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

₹2.13 Cr

Satisfied Charges

₹2.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr
  • Sidbi : 0.63 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2023Sidbi₹6.30 MOpen
11 Jun 2021Others₹1.50 CrOpen
09 Oct 2020Hdfc Bank Limited₹1.00 CrSatisfied
01 Dec 2017Others₹1.40 CrSatisfied

How Many Employees Work at Yates Steels?

Yates Steels has a workforce of 108 employees as of Apr 09, 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 Yates Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Yates 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 Yates 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 Yates Steels

Recent activity within the organization

  • Annual General Meeting

    Yates Steels Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Yates Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Sidbi amounted to Rs. 0.63 Cr with Charge ID 100672691 was registered on 06 Feb 2023.

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100453473 was registered on 11 Jun 2021.

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100377356 with Hdfc Bank Limited was fully satisfied on 02 Jun 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100377356 was registered on 09 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Yates Steels Private Limited?

    Yates Steels Private Limited was incorporated on 27 Sep 2010.

  • What is authorized share capital and paid-up capital of Yates Steels Private Limited?

    The authorized share capital of Yates Steels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.00 M.

  • Who are the current board members & directors of Yates Steels Private Limited?

    Currently 8 directors are associated with Yates Steels Private Limited.

    • Nenaram Chamanji Chaudhary
    • Manubhai Bhaichandbhai Patel
    • Ronakkumar Ramabhai Patel
    • Hiteshkumar Vishnubhai Patel
    • Rajesh Bipinchandra Shah
    • Christopher Michael Yates
    • Mahendrakumar Hiralal Patel
    • Pashabhai Revabhai Patel

  • What is the registered address of Yates Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Yates Steels Private Limited is Survey No. 843 Vaktapur, Himmatnagar, Gujarat, India, 383010.

  • What is the corporate identification number (CIN) and company number of Yates Steels Private Limited?

    The corporate identification number (CIN) of Yates Steels Private Limited is U27109GJ2010PTC062438 and the company number is 062438 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Yates Steels Private Limited?

    The Official website of Yates Steels Private Limited is https://www.yatessteels.com

  • What has been the recent revenue trend for Yates Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Yates Steels Private Limited has risen by 61.05%.

  • How many employees does Yates Steels Private Limited currently have?

    As Per 2023 financial reports, 108 employees are currently employed by Yates Steels Private Limited.

  • What change has been observed in the net worth of Yates Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Yates Steels Private Limited has experienced an upsurge of 35.06%.

  • What are the total open charges for Yates Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Yates Steels Private Limited amount to ₹ 2.13 Cr.

  • When was the last Balance Sheet of Yates Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Yates Steels Private Limited was filed with the ROC on 31 Mar 2023.

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