Zarhak Steels Profile
Key Indicators
- Authorised Capital ₹ 2.45 M
- Paid Up Capital ₹ 0.60 M
- Company Age 36 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.77 Cr
- Satisfied Charges ₹ 22.00 Cr
- Revenue Growth -11.44%
- Profit Growth -48.58%
- Ebitda -39.46%
- Net Worth 14.13%
- Total Assets 3.06%
About Zarhak Steels
Zarhak Steels Private Limited (ZSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1988 and has a history of 36 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Zarhak Steels Limited. 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 2.45 M and a paid-up capital of Rs 0.60 M.
The company currently has active open charges totaling ₹63.77 Cr. The company has closed loans amounting to ₹22.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Zoeb Chitalwala, Aslam Chitalwala, Ashraf Chitalwala, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27110MH1988PTC046875
- Company No.
046875
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
What products or services does Zarhak Steels Private Limited offer?
Zarhak Steels Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Metal & Metal Made Products, Metal Sheets.
Zarhak Steels Private Limited
Explore comprehensive data for Zarhak Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Zarhak Steels?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Zoeb Chitalwala  | Whole-Time Director | 03-Jun-2022 | Current |
| Aslam Chitalwala | Whole-Time Director | 11-Mar-2005 | Current |
| Ashraf Chitalwala | Whole-Time Director | 05-Apr-1988 | Current |
| Hamza Chitalwala | Whole-Time Director | 05-Apr-1988 | Current |
Financial Performance of Zarhak Steels.
Zarhak Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.44% decrease. The company also saw a substantial fall in profitability, with a 48.58% decrease in profit. The company's net worth Soared by an impressive increase of 14.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Zarhak Steels?
In 2023, Zarhak 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.
Related Corporates (Common Directorship)
Gmi Zarhak Moulders Private LimitedAshraf Chitalwala is a mutual person
Indo-Malgache Chamber Of Commerce And Industry In IndiaZoeb Chitalwala is a mutual person
Charges (Loans)
Open Charges
₹637.71 M
Satisfied Charges
₹220.00 M
Charges Breakdown by Lending Institutions
- Others : 25.55 Cr
- Icici Bank Limited : 24.40 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 12.50 Cr
- The British Bank Of The Middle East : 1.25 Cr
- Hdfc Bank Limited : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹12.50 Cr | Open |
| 10 Mar 2015 | Others | ₹13.55 Cr | Open |
| 07 Aug 2014 | Hdfc Bank Limited | ₹0.71 M | Open |
| 29 Jul 2010 | Others | ₹12.00 Cr | Open |
| 06 Oct 2009 | Icici Bank Limited | ₹12.40 Cr | Open |
How Many Employees Work at Zarhak Steels?
Unlock and access historical data on people associated with Zarhak Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Zarhak 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 Zarhak 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.
Latest Updates, News, and FAQs on Zarhak Steels
Recent activity within the organization
- Annual General Meeting
Zarhak Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Zarhak Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited of Rs. 0.71 M registered on 07 Aug 2014 with Charge ID 10522482 was modified on 01 Sep 2023.
- Charges
A charge registered on 05 Jun 2008 via Charge ID 10115200 with Hdfc Bank Limited was fully satisfied on 31 Aug 2023.
- Director Appointment
Zoeb Husain Chitalwala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jun 2022 & has been associated with this company since 2 years 9 months .
- Charges
A charge with Others of Rs. 135.50 M registered on 10 Mar 2015 with Charge ID 10575255 was modified on 28 Aug 2019.
Frequently asked questions
What is the Incorporation or founding date of Zarhak Steels Private Limited?
Zarhak Steels Private Limited was incorporated on 05 Apr 1988.
What is authorized share capital and paid-up capital of Zarhak Steels Private Limited?
The authorized share capital of Zarhak Steels Private Limited is ₹ 2.45 M and paid-up capital is ₹ 0.60 M.
Who are the current board members & directors of Zarhak Steels Private Limited?
Currently 4 directors are associated with Zarhak Steels Private Limited.
- Zoeb Husain Chitalwala
- Aslam Husain Chitalwala
- Ashraf Husain Chitalwala
- Hamza Husein Chitalwala
What is the registered address of Zarhak Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Zarhak Steels Private Limited is 22 Nariman Bhvan 227 Point, India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Zarhak Steels Private Limited?
The corporate identification number (CIN) of Zarhak Steels Private Limited is U27110MH1988PTC046875 and the company number is 046875 as per Ministry of Corporate Affairs (MCA).
What is the official website of Zarhak Steels Private Limited?
The Official website of Zarhak Steels Private Limited is https://www.zarhak.com
What has been the recent revenue trend for Zarhak Steels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Zarhak Steels Private Limited has fallen by -11.44%.
What change has been observed in the net worth of Zarhak Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Zarhak Steels Private Limited has experienced an upsurge of 14.13%.
What are the total open charges for Zarhak Steels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Zarhak Steels Private Limited amount to ₹ 63.77 Cr.
When was the last Balance Sheet of Zarhak Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Zarhak Steels Private Limited was filed with the ROC on 31 Mar 2024.
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