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Genext Steels Limited - Company Profile

It is a metals and minerals public limited company based in Bavla, Gujarat, India, established in 2008.

2008 | Bavla, Gujarat, India | Active
Last Updated:

About Genext Steels Limited

Genext Steels Limited, a active public limited company, was established on 29 August 2008 in Bavla, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27106GJ2008PLC125339. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.87 Cr.

Formerly known as Genext Steels Private Limited. It upholds a compliant status. Employing 13 professional, Its leadership includes Vinod Kedia (Whole-Time Director), Mahathevan Sivasubramaniam Pillai (Director), Kunj Bansal Mohan (Director). Past directors included Vinod Kedia, Rahul Kumar Singh, Kunj Bansal Mohan. It holds ₹229.38 Cr open charges and ₹10.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Survey No. 661, 662, 664, 665, 1822/P, 1823/P, 1824/P,, Village- Bagodara, Ta. Bavla, Bavla, Gujarat, 382230.

Company Details

  • CIN/LLPIN

    U27106GJ2008PLC125339

  • Registration Number

    125339

  • Incorporation Date

    29 August 2008

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹2.87 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.87 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 229.38 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -35.91%
  • Profit Growth -168.60%
  • Ebitda -116.51%
  • Net Worth -572.77%
  • Total Assets -9.19%
Company report

Genext Steels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Genext Steels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Genext Steels Limited?

Current Directors

NameDesignationAppointment DateStatus
Vinod KediaWhole-Time Director29 Aug 2008Current
Mahathevan Sivasubramaniam PillaiDirector11 Jan 2024Current
Kunj Bansal MohanDirector15 Nov 2021Current
Rajesh Naredi KumarManaging Director29 Aug 2008Current
Pankaj JindalDirector15 Nov 2021Current
Mukesh Bachubhai SutharAdditional Director29 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Nov 2021Past
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector07 Oct 2022Past
Pramod AbcsddDirector15 Nov 2021Past
Pramod AbcsddAdditional Director30 Nov 2021Past

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Financial Performance of Genext Steels.

Genext Steels Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 35.91% decrease. The company also saw a substantial fall in profitability, with a 168.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 572.77%.

Genext Steels revenue growth over time
Genext Steels 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
-35.91%
Revenue from Operations
-35.93%
Total Assets
-9.19%
Profit or Loss
-168.60%
Net Worth
-572.77%
EBITDA
-116.51%

What is the Ownership and Shareholding Structure of Genext Steels?

In 2024, Genext Steels had a promoter holding of 66.58% and a public holding of 33.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹2,293,833,800.00

Satisfied Charges

₹100,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 227.92 Cr
  • Axis Bank Limited : 1.47 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2023Hdfc Bank Limited₹3.76 MOpen
20 Jan 2022Axis Bank Limited₹1.22 CrOpen
30 Sep 2021Axis Bank Limited₹2.50 MOpen
09 Nov 2020Hdfc Bank Limited₹108.77 CrOpen
02 Nov 2020Hdfc Bank Limited₹118.77 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Genext Steels?

Genext Steels has a workforce of 13 employees as of Jan 09, 2025. 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.

Employee growth trends for Genext Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Genext Steels, 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 Genext Steels'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 Genext Steels

Recent Activity within the Organization

  • Director Appointment

    The activity Nimesh Jethava was appointed as a Additional Director was appointed as a Additional Director on 07 Jul 2025 & has been associated with this company since 4 months 25 days . was completed.

  • Director Appointment

    Progress on Mukesh Bachubhai Suthar was appointed as a Additional Director was appointed as a Additional Director on 29 Mar 2025 & has been associated with this company since 8 months 2 days . was documented.

  • Annual General Meeting

    The activity Genext Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Genext Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on Mahathevan Sivasubramaniam Pillai was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100730954 was registered on 24 May 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Genext Steels Limited?

    The CIN of Genext Steels Limited is U27106GJ2008PLC125339.

  • Where is Genext Steels Limited headquartered?

    Genext Steels Limited is headquartered at Survey No. 661, 662, 664, 665, 1822/P, 1823/P, 1824/P,, Village- Bagodara, Ta. Bavla, Bavla, Gujarat, 382230.

  • When was Genext Steels Limited incorporated?

    Genext Steels Limited was incorporated on 29 August 2008.

  • Who are the current directors of Genext Steels Limited?

    The current directors of Genext Steels Limited are

  • What is the primary industry of Genext Steels Limited?

    The primary industry of Genext Steels Limited is Manufacturing.

  • Is Genext Steels Limited a listed company?

    Genext Steels Limited is unlisted.

  • What is the capital structure of Genext Steels Limited?

    The authorized capital of Genext Steels Limited is ₹5.00 Cr, and the paid-up capital is ₹2.87 Cr.

  • What is the compliance status of Genext Steels Limited?

    The compliance status of Genext Steels Limited is Compliant.

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