Globe Steels Private Limited Company Logo

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
Last Updated:

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 ₹134.25 Cr open charges and ₹42.72 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C5,Indl.Estate,Ambattur,Chennai-58 Chennai-58, Chennai-58, Tamil Nadu, 600058.

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 Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 134.25 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

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

NameDesignationAppointment DateStatus
RajkumarimodiWhole-Time Director03 May 1996Current
Kusum ModiWhole-Time Director03 May 1996Current
Padam ModiWhole-Time Director16 Sep 1986Current
Gajanand ModiWhole-Time Director16 Sep 1986Current
Karpagavalli SridharWhole-Time Director03 May 1996Current
Sridhar RaghavanWhole-Time Director16 Sep 1986Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector06 Jan 2017Past

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

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 Indicator graph

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Charges (Loans)

Open Charges

₹1,342,535,372.00

Satisfied Charges

₹427,218,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 71.00 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

DateLenderAmountStatus
07 Aug 2024Sidbi₹2.07 CrOpen
19 Jun 2024Axis Bank Limited₹5.00 CrOpen
30 Apr 2024The Hongkong And Shanghai Banking Corporation Limited₹36.00 CrOpen
10 Oct 2023Sidbi₹1.77 CrOpen
21 Jun 2023The Hongkong And Shanghai Banking Corporation Limited₹5.00 CrOpen

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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 growth trends for Globe Steels Private Limited

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.

Latest Updates, News, and FAQs on Globe Steels

Recent Activity within the Organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 71.00 Cr registered on 20 Dec 2020 with Charge ID 100433333 was modified on 06 Nov 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Globe Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. 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

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

  • 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.

  • Charges

    The activity A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 5.00 Cr registered on 21 Jun 2023 with Charge ID 100741693 was modified on 30 Apr 2024. was completed.

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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