Zenith Steel Pipes & Industries Profile
Key Indicators
- Authorised Capital ₹ 155.50 Cr
- Paid Up Capital ₹ 142.28 Cr
- Company Age 64 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9,924.13 Cr
- Satisfied Charges ₹ 175.89 Cr
- Revenue Growth 16.20%
- Profit Growth 450.16%
- Ebitda -28.44%
- Net Worth 0.14%
- Total Assets 4.35%
About Zenith Steel Pipes & Industries
Zenith Steel Pipes & Industries Limited (ZSPIL) was founded in India on 05 August 1960 and has a glorious history of 64 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531845 and on the National Stock Exchange(NSE) under ZENITHSTL.
The Corporate was formerly known as Zenith Limited. The Company is engaged in the Metal & 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 155.50 Cr and a paid-up capital of Rs 142.28 Cr.
The company currently has active open charges totaling ₹9,924.13 Cr. The company has closed loans amounting to ₹175.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Zenith Steel Pipes & Industries Limited India are Girvanesh Balasubramanan as CFO and Prakhar Agarwal as Company Secretary. Sadhana Patil, Minal Pote, Purushottam Sonavane, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Metal & Minerals
What products or services does Zenith Steel Pipes & Industries Limited offer?
Zenith Steel Pipes & Industries Limited offers a wide range of products and services, including Irrigation and Harvesting Machines, Sprinkler Irrigation System, Steel Pipes, ASTM Pipe, ERW Pipes, GI ERW Pipes, Steel Pipes and Tubes, ERW Black Steel Pipes, Galvanized Pipe, Pre Galvanized Steel Tube.
Who are the key members and board of directors at Zenith Steel Pipes & Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Girvanesh Balasubramanan  | CFO | 14-Feb-2014 | Current |
| Prakhar Agarwal | Company Secretary | 27-Jun-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sadhana Patil | Director | 20-Mar-2019 | Current |
| Minal Pote | Whole-Time Director | 14-Aug-2019 | Current |
| Purushottam Sonavane | Director | 29-Mar-2019 | Current |
| Pramod Bhosale | Director | 13-Mar-2020 | Current |
| Bhavika Sharma | Director | 24-Aug-2020 | Current |
| Ganesh Mahendrakar | Director | 15-Jul-2023 | Current |
Financial Performance of Zenith Steel Pipes & Industries.
Zenith Steel Pipes & Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.2% increase. The company also saw a substantial improvement in profitability, with a 450.16% increase in profit. The company's net worth moved up by a moderate rise of 0.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Zenith Steel Pipes & Industries?
In 2022, Zenith Steel Pipes & Industries had a promoter holding of 15.64% and a public holding of 84.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Melstar Information Technologies LimitedPramod Bhosale is a mutual person
Birla Capital And Financial Services LimitedMinal Pote is a mutual person
Secur Staffing Services Private LimitedPramod Bhosale is a mutual person
Birla Shloka Edutech LimitedMinal Pote is a mutual person
Erene Microorganic Chemicals Private LimitedSadhana Patil is a mutual person
- Birla Electricals Limited
Sadhana Patil is a mutual person
Charges (Loans)
Open Charges
₹9,924.13 Cr
Satisfied Charges
₹175.89 Cr
Charges Breakdown by Lending Institutions
- Others : 9735.45 Cr
- Punjab And Maharashtra Co-Operative Bank Limited : 55.00 Cr
- Nederlanse Financierings Maatscappij Voor Ontwikkelingsladen N. V. : 50.95 Cr
- Sbi Global Factors Limited : 30.00 Cr
- The Uti Bank Ltd. : 13.00 Cr
- Others : 39.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2015 | Punjab And Maharashtra Co-Operative Bank Limited | ₹55.00 Cr | Open |
| 27 Oct 2012 | Hdfc Bank Limited | ₹2.65 M | Open |
| 16 Jul 2012 | Hdfc Bank Limited | ₹2.08 M | Open |
| 30 Mar 2012 | Others | ₹17.30 Cr | Open |
| 22 Dec 2011 | Sbi Global Factors Limited | ₹30.00 Cr | Open |
How Many Employees Work at Zenith Steel Pipes & Industries?
Zenith Steel Pipes & Industries has a workforce of 20 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Zenith Steel Pipes & Industries, 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 Zenith Steel Pipes & Industries'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 Zenith Steel Pipes & Industries
Recent activity within the organization
- Annual General Meeting
Zenith Steel Pipes & Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Prakhar Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jun 2024 & has been associated with this company since 9 months .
- Balance Sheet
Zenith Steel Pipes & Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ganesh Ramesh Mahendrakar was appointed as a Director was appointed as a Director on 15 Jul 2023 & has been associated with this company since 1 year 8 months .
- Charges
A charge registered on 19 Jul 2013 via Charge ID 10482642 with Punjab National Bank was fully satisfied on 15 Jul 2021.
- Charges
A charge registered on 24 Dec 1993 via Charge ID 90243168 with Punjab National Bank was fully satisfied on 15 Jul 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Zenith Steel Pipes & Industries Limited?
Zenith Steel Pipes & Industries Limited was incorporated on 05 Aug 1960.
What is authorized share capital and paid-up capital of Zenith Steel Pipes & Industries Limited?
The authorized share capital of Zenith Steel Pipes & Industries Limited is ₹ 155.50 Cr and paid-up capital is ₹ 142.28 Cr.
Who are the current board members & directors of Zenith Steel Pipes & Industries Limited?
Currently 8 directors are associated with Zenith Steel Pipes & Industries Limited.
- Sadhana Avinash Patil
- Minal Umesh Pote
- Purushottam Digambar Sonavane
- Pramod Shivaji Bhosale
- Bhavika Sharma
- Ganesh Ramesh Mahendrakar
- Girvanesh Balasubramanan
- Prakhar Agarwal
What is the registered address of Zenith Steel Pipes & Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Zenith Steel Pipes & Industries Limited is 5Th Floor Industry House 159 Churchgate Reclamation, India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of Zenith Steel Pipes & Industries Limited?
The corporate identification number (CIN) of Zenith Steel Pipes & Industries Limited is L29220MH1960PLC011773 and the company number is 011773 as per Ministry of Corporate Affairs (MCA).
Is Zenith Steel Pipes & Industries Limited registered with any stock exchange in India?
Yes, Zenith Steel Pipes & Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ZENITHSTL.
What is the official website of Zenith Steel Pipes & Industries Limited?
The Official website of Zenith Steel Pipes & Industries Limited is https://www.zenithsteelpipes.com
What has been the recent revenue trend for Zenith Steel Pipes & Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Zenith Steel Pipes & Industries Limited has risen by 16.20%.
How many employees does Zenith Steel Pipes & Industries Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Zenith Steel Pipes & Industries Limited.
What change has been observed in the net worth of Zenith Steel Pipes & Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Zenith Steel Pipes & Industries Limited has experienced an upsurge of 0.14%.
What are the total open charges for Zenith Steel Pipes & Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Zenith Steel Pipes & Industries Limited amount to ₹ 9,924.13 Cr.
When was the last Balance Sheet of Zenith Steel Pipes & Industries Limited filed with the ROC?
The most recent Balance Sheet for Zenith Steel Pipes & Industries Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Rubin TolaramAdditional Director
Pritam DhanawadeDirector
Milind PrabhudesaiDirector
Mahender AroraManaging Director
Dharam KapurDirectorYB
Yashovardhan BirlaDirectorAJ
Arun JainWholetime DirectorSB
Sanjay BudhiaDirector