Zenith Steel Pipes & Industries Limited

Founded in 1960 and headquartered in Maharashtra, India.

1960 | Mumbai, Maharashtra (India) | Active
Last Updated: May 17, 2024

Zenith Steel Pipes & Industries Profile

Key Indicators

  • Authorised Capital ₹ 155.50 Cr
  • Paid Up Capital ₹ 142.28 Cr
  • Company Age 64 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 five 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 Steel Pipes & Industries 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 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 Sonal Solanki as COMPANY SECRETARY and Girvanesh Balasubramanan as Cfo. 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
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29220MH1960PLC011773

  • Company No.

    011773

  • Stock Symbol

    BSE : 531845 NSE : ZENITHSTL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 1960

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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)

NameDesignationAppointment DateStatus
Sonal Solanki Country flag representing In Company Secretary01-Sep-2022Current
Girvanesh Balasubramanan Country flag representing In CFO14-Feb-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Sadhana Patil Country flag representing In Director 20-Mar-2019Current
Minal Pote Country flag representing In Whole-Time Director 21-Apr-2015Current
Purushottam Sonavane Country flag representing In Director 29-Mar-2019Current
Pramod Bhosale Country flag representing In Director 13-Mar-2020Current
Bhavika Sharma Country flag representing In Director 24-Aug-2020Current
Ganesh Mahendrakar Country flag representing In Director 15-Jul-2023Current

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%.

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
16.20%
Revenue from Operations
12.24%
Total Assets
4.35%
Profit or Loss
450.16%
Net Worth
0.14%
EBITDA
-28.44%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
19 May 2015Punjab And Maharashtra Co-Operative Bank Limited₹55.00 CrOpen
27 Oct 2012Hdfc Bank Limited₹2.65 MOpen
16 Jul 2012Hdfc Bank Limited₹2.08 MOpen
30 Mar 2012Others₹17.30 CrOpen
22 Dec 2011Sbi Global Factors Limited₹30.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Zenith Steel Pipes & Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 19 Jul 2013 via Charge ID 10482642 with Punjab National Bank was fully satisfied on 15 Jul 2021.

    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.

    15 Jul 2021

  • Charges

    A charge registered on 08 Dec 1993 via Charge ID 90243166 with Oriental Bank Of Commerce was fully satisfied on 15 Jul 2021.

    15 Jul 2021

  • Charges

    A charge registered on 11 Jun 1987 via Charge ID 90239215 with Oriental Bank Of Commerce was fully satisfied on 15 Jul 2021.

    15 Jul 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Zenith Steel Pipes & Industries Limited was incorporated on 05 Aug 1960.

  • The authorized share capital of Zenith Steel Pipes & Industries Limited is ₹ 155.50 Cr and paid-up capital is ₹ 142.28 Cr.

  • 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
    • Sonal Solanki
    • Girvanesh Balasubramanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Zenith Steel Pipes & Industries Limited is 5Th Floor Industry House159, Churchgate Reclamation, Mumbai, Maharashtra, India, 400020.

  • 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).

  • Yes, Zenith Steel Pipes & Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ZENITHSTL.

  • The Official website of Zenith Steel Pipes & Industries Limited is https://www.zenithsteelpipes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Zenith Steel Pipes & Industries Limited has risen by 16.20%.

  • As Per 2023 financial reports, 20 employees are currently employed by Zenith Steel Pipes & Industries Limited.

  • 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%.

  • 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.

  • The most recent Balance Sheet for Zenith Steel Pipes & Industries Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Piping Products