Globe Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Chennai-58, Tamil Nadu, India, established in 1986.
1986 Chennai-58, Tamil Nadu, India Active
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About Globe Steels Private Limited

Globe Steels Private Limited, a active private limited company, was established on 16 September 1986 in Chennai-58, Tamil Nadu, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27104TN1986PTC013424. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.50 Cr.

It upholds a compliant status. Employing 44 professional, Its leadership includes Rajkumarimodi (Whole-Time Director), Kusum Modi (Whole-Time Director), Padam Modi (Whole-Time Director). Past directors included Kalyani Raghavan. It holds ₹139.25 Cr open charges and ₹42.72 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C5,Indl.Estate,Ambattur,Chennai-58 Chennai-58, Chennai-58, Tamil Nadu, 600058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27104TN1986PTC013424

  • Registration Number

    013424

  • Incorporation Date

    16 September 1986

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 39 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 139.25 Cr
  • Satisfied Charges ₹ 42.72 Cr
  • Revenue Growth **** 22.30%
  • Profit Growth **** 14.78%
  • Ebitda **** 11.72%
  • Net Worth 16.94%
  • Total Assets **** 24.98%
Company report

Globe Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Globe Steels Private 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 Globe Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajkumarimodi Whole-Time Director 03 May 1996 Current
Kusum Modi Whole-Time Director 03 May 1996 Current
Padam Modi Whole-Time Director 16 Sep 1986 Current
Gajanand Modi Whole-Time Director 16 Sep 1986 Current
Karpagavalli Sridhar Whole-Time Director 03 May 1996 Current
Sridhar Raghavan Whole-Time Director 16 Sep 1986 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Jan 2017 Past

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Financial Performance of Globe Steels.

Globe Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.3% increase. The company also saw a substantial improvement in profitability, with a 14.78% increase in profit. The company's net worth Soared by an impressive increase of 16.94%.

Globe Steels revenue growth over time
Globe Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 22.30%
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Revenue from Operations
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 22.24%
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*******
*******
Total Assets
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 24.98%
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*******
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*******
Profit or Loss
*******
 14.78%
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*******
Net Worth
*******
 16.94%
*******
*******
*******
*******
EBITDA
*******
 11.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Globe Steels?

In 2023, Globe Steels had a promoter holding of 22.20% and a public holding of 77.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,392,535,372.00

Satisfied Charges

₹427,218,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 76.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 41.00 Cr
  • Others : 11.00 Cr
  • Axis Bank Limited : 6.88 Cr
  • Sidbi : 3.84 Cr
  • Others : 0.53 Cr
Latest Charge Details
Date Lender Amount Status
07 Aug 2024 Sidbi ₹2.07 Cr Open
19 Jun 2024 Axis Bank Limited ₹5.00 Cr Open
30 Apr 2024 The Hongkong And Shanghai Banking Corporation Limited ₹36.00 Cr Open
10 Oct 2023 Sidbi ₹1.77 Cr Open
21 Jun 2023 The Hongkong And Shanghai Banking Corporation Limited ₹5.00 Cr Open

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How Many Employees Work at Globe Steels?

Globe Steels has a workforce of 44 employees as of Apr 10, 2024. 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Globe 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 Globe 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.

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Latest Updates, News, and FAQs on Globe Steels
Recent Activity within the Organization
  • Charges

    A charge with Hdfc Bank Limited of Rs. 76.00 Cr registered on 20 Dec 2020 with Charge ID 100433333 was modified on 19 Dec 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Globe Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Globe Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Charges

    A charge with Sidbi amounted to Rs. 2.07 Cr with Charge ID 100961833 was registered on 07 Aug 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100993460 was registered on 19 Jun 2024. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 36.00 Cr with Charge ID 100917848 was registered on 30 Apr 2024. was documented.

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Frequently Asked Questions
What is the CIN of Globe Steels Private Limited?

The CIN of Globe Steels Private Limited is U27104TN1986PTC013424.

Where is Globe Steels Private Limited headquartered?

Globe Steels Private Limited is headquartered at C5,Indl.Estate,Ambattur,Chennai-58 Chennai-58, Chennai-58, Tamil Nadu, 600058.

When was Globe Steels Private Limited incorporated?

Globe Steels Private Limited was incorporated on 16 September 1986.

Who are the current directors of Globe Steels Private Limited?

The current directors of Globe Steels Private Limited are

What is the primary industry of Globe Steels Private Limited?

The primary industry of Globe Steels Private Limited is Manufacturing.

Is Globe Steels Private Limited a listed company?

Globe Steels Private Limited is unlisted.

What is the capital structure of Globe Steels Private Limited?

The authorized capital of Globe Steels Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.50 Cr.

What is the compliance status of Globe Steels Private Limited?

The compliance status of Globe Steels Private Limited is Compliant.

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