Payal Steels Limited
About Payal Steels Limited
Data last updated:
Payal Steels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the iron and steel segment of the steel sector. It was incorporated on 11 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27108MH2000PLC123596.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rajesh Gunvatrai Mehta and Karsan Keshav Chitroda.
Its last annual general meeting (AGM) was held on 24 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 47 Tamrind Lane 2nd Flroffice 18 C Rajabhadur Mansion Fort, Mumbai, Maharashtra, India – 400023.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Payal Steels has one previous CIN (Corporate Identification Number): L27108MH2000PLC123596. The current CIN is U27108MH2000PLC123596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27108MH2000PLC123596 | Current |
| L27108MH2000PLC123596 | Previous |
Contact details
Payal Steels Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address47 Tamrind Lane 2nd Flroffice 18 C Rajabhadur Mansion Fort, Mumbai, Maharashtra, India – 400023
- IndustrySteel, Iron & Steel, Manufacturing
To see the full contact details of Payal Steels Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Payal Steels Limited
FY 2020 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Payal Steels Limited, buy the company report.
Board of directors of Payal Steels Limited
Payal Steels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Gunvatrai Mehta Also directs: Karma Industries Limited, Abhi-Man Steels Limited, Shivan Giri Steel Limited and 2 more | Director | 11 Jan 2000 | 26 Years 9 Months | Current |
| Karsan Keshav Chitroda | Director | 11 Jan 2000 | 26 Years 9 Months | Current |
| Chandrakant Bhailal Chitalia Also directs: Karma Industries Limited, Abhi-Man Steels Limited, Shivan Giri Steel Limited and 5 more | Director | 11 Jan 2000 | 26 Years 9 Months | Current |
Auditor
Payal Steels Limited is audited by Vipin L Thakur & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vipin L Thakur & Co | FY 2017 | 103815 |
Shareholding
The shareholding of Payal Steels Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Payal Steels Limited, buy the company report.
Legal cases
Payal Steels Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL CASE) | Filed against the company by Deputy Registrar of Companies, Office of Registrar of Companies, Ministry of Corporate Affairs. | Pending |
To see the full case history of Payal Steels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payal Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Payal Steels Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Payal Steels Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Karsan Keshav Chitroda ceased to be Director on 15 Jun 2020.
Frequently asked questions
Payal Steels is an active public limited company based in Mumbai, Maharashtra, India. The company works in iron and steel, within the steel industry. It was incorporated on 11 January 2000 (26+ years old) and is registered under CIN U27108MH2000PLC123596.
Payal Steels has 3 current directors:
- Rajesh Gunvatrai Mehta - Director
- Karsan Keshav Chitroda - Director
- Chandrakant Bhailal Chitalia - Director
The latest financial statements of Payal Steels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 24 July 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Payal Steels is U27108MH2000PLC123596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payal Steels has 1 court case on record: 1 filed against it. 1 is pending.
Payal Steels was incorporated on 11 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Karsan Keshav Chitroda ceased to be Director on 15 Jun 2020. Chandrakant Bhailal Chitalia was appointed as Director on 11 Jan 2000. Karsan Keshav Chitroda was appointed as Director on 11 Jan 2000. Payal Steels has 4 board changes on record in total.
The registered office of Payal Steels is at 47 Tamrind Lane 2nd Flroffice 18 C Rajabhadur Mansion Fort, Mumbai, Maharashtra, India – 400023.
Payal Steels operates in the steel industry, in the iron and steel segment.
The compliance status of Payal Steels is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.