City Rolling Mills Private Limited
About City Rolling Mills Private Limited
Data last updated:
City Rolling Mills Private Limited is a private limited company based in Patna, Bihar, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 13 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U27100BR2010PTC015214. Its GSTIN is 10AADCC8371N1ZJ (Bihar).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.14 Cr. It is led by directors Nitin Jain and Nagendra Thakur.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 311 N.P.Centre New Dak Bungalow Road, Patna, Bihar, India – 800001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.82 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹24.56 Lakh (net margin 13.5%) and EBITDA of ₹1.64 Cr (EBITDA margin 89.8%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹12.6 Cr and satisfied charges of ₹4.23 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
City Rolling Mills Private Limited's registered office is in Patna, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address311 N.P.Centre New Dak Bungalow Road, Patna, Bihar, India – 800001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of City Rolling Mills Private 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
Business activity
The main business activity of City Rolling Mills is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of City Rolling Mills Private Limited, buy the company report.
Financials of City Rolling Mills Private Limited
FY 2022 filings availableCity Rolling Mills Private Limited reported revenue of ₹1.82 Cr (down 88% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 88% fall in the latest year. EBITDA rose 49% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.82 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.56 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.8% | ||||
| Net Profit Margin | 13.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of City Rolling Mills Private Limited, buy the company report.
Board of directors of City Rolling Mills Private Limited
City Rolling Mills has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Jain Also directs: Abka Pharmacare Private Limited | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Nagendra Thakur | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
Auditor
City Rolling Mills Private Limited is audited by SINGHANIA AGRAWAL & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHANIA AGRAWAL & Co | FY 2022 | 005527C |
Shareholding
The shareholding of City Rolling Mills Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of City Rolling Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Apr 2019 | 100267147 | Others | ₹31 Lakh | Open | |
| 10 May 2013 | 10427891 | Bank of Baroda | ₹29 Lakh | Open | |
| 11 Apr 2013 | 10418705 | Others | ₹12 Cr | Open | |
| 27 Mar 2012 | 10356183 | State Bank of India | ₹4.23 Cr | Satisfied |
To see the full charge records of City Rolling Mills Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
City Rolling Mills Private Limited has 4 court cases on record: 2 filed by City Rolling Mills, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Patna High Court | Court case (CWJC) | Filed by the company against The South Bihar Power Distribution Company Limited, and 5 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Shubham Corporation Through Mr. Jigneshkumar Navinchandra Gosaliya | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court | Court case (CWJC) | Filed by the company against Commissioner, Central G S T and Central Excise and Anr and 1 other | Disposed |
To see the full case history of City Rolling Mills Private 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.
Credit ratings & regulatory alerts
City Rolling Mills Private Limited was last rated by Care on 18 May 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 18 May 2023 |
To see the full credit ratings and regulatory alerts of City Rolling Mills Private Limited, buy the company report.
MSME payment delays
City Rolling Mills Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| J G Foundry Limited | |||
| Shiva Alloys | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of City Rolling Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
City Rolling Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AADCC8371N1ZJ | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of City Rolling Mills Private Limited, buy the company report.
Recent activity
City Rolling Mills Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Sanjay Kumar Jhunjhunwala ceased to be Additional Director on 17 Apr 2024.
5 earlier events are in the company report.
Frequently asked questions
City Rolling Mills is an active private limited company based in Patna, Bihar, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 13 January 2010 (16+ years old) and is registered under CIN U27100BR2010PTC015214.
City Rolling Mills has 2 current directors:
- Nitin Jain - Director
- Nagendra Thakur - Director
The latest financial statements of City Rolling Mills on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of City Rolling Mills is 10AADCC8371N1ZJ, registered in Bihar.
The CIN (Corporate Identification Number) of City Rolling Mills is U27100BR2010PTC015214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
City Rolling Mills has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
City Rolling Mills was incorporated on 13 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Patna.
Sanjay Kumar Jhunjhunwala ceased to be Additional Director on 17 Apr 2024. Tarun Kumar Gupta ceased to be Director on 17 Apr 2024. Nagendra Thakur was appointed as Director on 15 Apr 2024. City Rolling Mills has 7 board changes on record in total.
City Rolling Mills has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Oct 2020.
The registered office of City Rolling Mills is at 311 N.P.Centre New Dak Bungalow Road, Patna, Bihar, India – 800001.
City Rolling Mills operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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