Gilco Steels Limited Company Logo

Gilco Steels Limited - Company Profile

It is a engineering public limited company based in Chandigarh, Chandigarh, India, established in 2008.

2008 | Chandigarh, Chandigarh, India | Active
Last Updated:

About Gilco Steels Limited

Gilco Steels Limited, a active public limited company, was established on 29 October 2008 in Chandigarh, Chandigarh, India. Engaging in metal foundry & fabrication services within the manufacturing sector, it holds CIN: U27107CH2008PLC031407. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹5.25 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a active non-compliant status. Its leadership includes Saral Gill (Director), Ramesh Walia (Director), Surinder Gill (Director). Past directors included Ramesh Walia, Sahir Gill. It holds ₹41.17 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at Semi Industrial Shop No S1-91 Industrial Area Phase Ii, Chandigarh, Chandigarh, 160102.

Company Details

  • CIN/LLPIN

    U27107CH2008PLC031407

  • Registration Number

    031407

  • Incorporation Date

    29 October 2008

  • Authorized Capital

    ₹5.25 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 41.17 Cr
  • Revenue Growth 22.90%
  • Profit Growth 20.47%
  • Ebitda 65.52%
  • Net Worth -7.53%
  • Total Assets -7.98%
Company report

Gilco Steels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Gilco 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 Gilco Steels Limited?

Current Directors

NameDesignationAppointment DateStatus
Saral GillDirector29 Oct 2008Current
Ramesh WaliaDirector20 Dec 2010Current
Surinder GillDirector29 Oct 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2011Past
Pramod AbcsddDirector20 Dec 2010Past

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Financial Performance of Gilco Steels.

Gilco Steels Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 22.9% increase. The company also saw a substantial improvement in profitability, with a 20.47% increase in profit. The company's net worth dipped by a decrease of 7.53%.

Gilco Steels revenue growth over time
Gilco 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
22.90%
Revenue from Operations
Total Assets
-7.98%
Profit or Loss
20.47%
Net Worth
-7.53%
EBITDA
65.52%

What is the Ownership and Shareholding Structure of Gilco Steels?

In 2017, Gilco Steels had a promoter holding of 94.87% and a public holding of 5.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹411,743,600.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 36.24 Cr
  • Punjab National Bank : 4.93 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2012Punjab National Bank₹6.88 MOpen
06 Jan 2012Punjab National Bank₹4.00 CrOpen
13 Sep 2011Punjab National Bank₹2.47 MOpen
23 Nov 2009Uco Bank₹36.24 CrOpen

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How Many Employees Work at Gilco Steels?

Unlock and access historical data on people associated with Gilco Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Gilco Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gilco 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 Gilco 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 Gilco Steels

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Gilco Steels Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was documented.

  • Balance Sheet

    Gilco Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    A charge with Uco Bank of Rs. 36.24 Cr registered on 23 Nov 2009 with Charge ID 10187441 was modified on 15 Mar 2013. was recorded as a recent event.

  • Charges

    A charge with Punjab National Bank of Rs. 4.00 Cr registered on 06 Jan 2012 with Charge ID 10331485 was modified on 30 Jan 2013. was recorded as a recent event.

  • Charges

    The activity A charge with Punjab National Bank amounted to Rs. 0.69 Cr with Charge ID 10340067 was registered on 10 Feb 2012. was completed.

  • Charges

    The activity A charge with Punjab National Bank amounted to Rs. 4.00 Cr with Charge ID 10331485 was registered on 06 Jan 2012. was completed.

Frequently Asked Questions

  • What is the CIN of Gilco Steels Limited?

    The CIN of Gilco Steels Limited is U27107CH2008PLC031407.

  • Where is Gilco Steels Limited headquartered?

    Gilco Steels Limited is headquartered at Semi Industrial Shop No S1-91 Industrial Area Phase Ii, Chandigarh, Chandigarh, 160102.

  • When was Gilco Steels Limited incorporated?

    Gilco Steels Limited was incorporated on 29 October 2008.

  • Who are the current directors of Gilco Steels Limited?

    The current directors of Gilco Steels Limited are

  • What is the primary industry of Gilco Steels Limited?

    The primary industry of Gilco Steels Limited is Manufacturing.

  • Is Gilco Steels Limited a listed company?

    Gilco Steels Limited is unlisted.

  • What is the capital structure of Gilco Steels Limited?

    The authorized capital of Gilco Steels Limited is ₹5.25 Cr, and the paid-up capital is ₹5.00 Cr.

  • What is the compliance status of Gilco Steels Limited?

    The compliance status of Gilco Steels Limited is Active Non-Compliant.

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