Drolia Electrosteels Private Limited

Drolia Electrosteels Private Limited

Manufacturer of sponge iron and MS billets with capacity of 60,000 TPA and 105,600 TPA respectively.

1995 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

27 days ago

The manufacturing of sponge iron and mild steel billets is the main focus of Drolia Electrosteels Private Limited, a company that has been in operation since 1995. With an installed capacity of 60,000 TPA for sponge iron and 105,600 TPA for mild steel billets, DEPL has established itself as a leading player in the industry. The manufacturing plant, situated in Siltara village near Raipur (Chhattisgarh), is where all the production takes place. DEPL was founded by Din Dayal Drolia and Rajiv Drolia, who have been the driving force behind the company's success. Their vision and dedication have led to the company's growth and expansion. The company's sponge iron production capacity of 60,000 TPA is a testament to their commitment to providing high-quality products to their customers. In addition to sponge iron and mild steel billets, DEPL has also ventured into the production of TMT bars and wires. With an installed capacity of 1,50,000 TPA, the company's rolling mills are capable of producing top-quality TMT bars and wires. This expansion has allowed DEPL to cater to a wider range of customers and meet their diverse needs.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU27100MH1995PTC146362
Company No.146362
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date22 Jun 1995
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Drolia Electrosteels Private Limited

financial-graph
Content-lock

Drolia Electrosteels Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 31.51% increase. The company also saw a substantial improvement in profitability, with a 188.46% increase in profit. The company's net worth moved up by a moderate rise of 5.75%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Drolia Electrosteels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Drolia Electrosteels Private Limited

Executive Team (1)

  • RD

    Rajiv Drolia In Managing Director

    Appointment Date: 22-Jun-1995

    Status: Current

Board Members(4)

Charges (Loans)

Open Charges Satisfied Charges

₹121.89 cr

₹3.94 cr

LenderAmountStatus

State Bank Of India

Creation Date: 07 Mar 2022
₹7.60 CrOpen

State Bank Of India

Creation Date: 08 Feb 2021
₹13.67 CrOpen

State Bank Of India

Creation Date: 30 Dec 2003
₹100.62 CrOpen

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Drolia Electrosteels, 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 Drolia Electrosteels's trajectory.

Rating

Rating-Graph
Content-lock

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.

Alert

Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

  • C.G. Sponge Manufacturers Consortium Coa L Fields Llp

    C.G. Sponge Manufacturers Consortium Coa L Fields Llp

    Active build-icon 7 years 5 months

    Rajiv Drolia is a mutual person

  • Om Flour Mills Private Limited

    Om Flour Mills Private Limited

    Active build-icon 37 years 4 months

    Rajiv Drolia and Raj Drolia are mutual person

  • Divya Dyeing And Exports Private Limited

    Divya Dyeing And Exports Private Limited

    Active build-icon 30 years 1 month

    Rajiv Drolia is a mutual person

  • Drolia Mineral Industries Private Limited.

    Drolia Mineral Industries Private Limited.

    Active build-icon 33 years 1 month

    Rajiv Drolia and Din Drolia are mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 28 Mar 2018 via Charge ID 100187558 with Others was fully satisfied on 12 Dec 2023.

    12 Dec 2023
  • Activity

    Annual General Meeting

    Drolia Electrosteels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Drolia Electrosteels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 15 Jul 2020 via Charge ID 100356208 with State Bank Of India was fully satisfied on 10 May 2022.

    10 May 2022
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 7.60 cr with Charge ID 100543435 was registered on 07 Mar 2022.

    07 Mar 2022

Frequently asked questions

What is the Incorporation or founding date of Drolia Electrosteels Private Limited?

Drolia Electrosteels Private Limited was incorporated 28 years 11 months ago on 22 Jun 1995 with Registrar of Companies Roc Mumbai.

People also Viewed

Similar Companies Based on Steel

  • Rashtriya Ispat Nigam Ltd

    Visakhapatnam, Andhra Pradesh, India

  • Posco Maharashtra Steel Private Limited

    Raigarh, Maharashtra, India

  • Orissa Metaliks Private Limited

    Kolkata, West Bengal, India

  • Jsw Steel Limited

    Mumbai, Maharashtra, India

  • Apl Apollo Tubes Limited

    East Delhi, Delhi, India

  • Jindal Stainless Limited

    Hisar, Haryana, India

  • Jsw Steel Coated Products Limited

    Mumbai, Maharashtra, India

  • Arcelormittal Nippon Steel India Limited

    Surat, Gujarat, India

  • Steel Authority Of India Limited

    Central Delhi, Delhi, India

  • Bhushan Power & Steel Limited

    South West Delhi, Delhi, India

  • Tata Steel Limited

    Mumbai, Maharashtra, India

  • Jindal Steel & Power Limited

    Hisar, Haryana, India