Inducto Steels Limited logo

Inducto Steels Limited

Trading company specializing in metal scrap, coals, and industrial inputs since 1988.

1988 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

14 days ago

Inducto Steels Limited is a company that is involved in the trading of metal scrap, coals, aluminium foil, and other industrial inputs. It is a proud member of the Hariyana Group. The company was established in 1988 and its registered office is situated in Mumbai, Maharashtra. The business activities of Inducto Steels Limited revolve around the buying and selling of various industrial materials, with a focus on metal scrap, coals, and aluminium foil. The company has been successfully operating for over three decades, providing high-quality products and services to its clients. Its strategic location in Mumbai, Maharashtra allows for efficient distribution and delivery of goods to customers across the country. Inducto Steels Limited is committed to ensuring customer satisfaction and mainta... Read More

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNL27100MH1988PLC194523
Company No.194523
Stock Symbol BSE : 532001
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date29 Nov 1988
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Inducto Steels Limited

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Inducto Steels Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 93.48% decrease. The company also saw a substantial fall in profitability, with a 899.42% decrease in profit. The company's net worth dipped by a decrease of 3.35%.

Enhance accessibility to Inducto Steels's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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Unlock access to Inducto Steels'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 Inducto Steels Limited

Executive Team (3)

  • RR

    Rajeev Reniwal In Managing Director

    Appointment Date: 01-Apr-1993

    Status: Current

  • DK

    Dilip Kaushik In CFO

    Appointment Date: 26-Oct-2018

    Status: Current

  • FJ

    Fulvanti Jain Company Secretary

    Appointment Date: 23-Mar-2023

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹100.00 cr

₹196.65 cr

LenderAmountStatus

Others

Creation Date: 17 Jun 2023
₹100.00 CrOpen

Axis Bank Limited

Creation Date: 18 Jan 2021
₹45.50 CrSatisfied

Indian Overseas Bank

Creation Date: 15 May 2002
₹150.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Inducto 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 Inducto Steels's trajectory.

Rating

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Alert

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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)

  • I&Pcl Vacuum Cast Limited

    I&Pcl Vacuum Cast Limited

    Active build-icon 13 years 8 months

    Rajeev Reniwal is a mutual person

  • Bapa Real Estate Private Limited

    Bapa Real Estate Private Limited

    Active build-icon 29 years 4 months

    Rajeev Reniwal is a mutual person

  • Aplomb Enterprises Private Limited

    Aplomb Enterprises Private Limited

    Active build-icon 17 years 4 months

    Rajeev Reniwal and Sweety Reniwal are mutual person

  • Hariyana International Private Limited

    Hariyana International Private Limited

    Active build-icon 30 years 4 months

    Rajeev Reniwal is a mutual person

  • Reniwal Business Properties Private Limited

    Reniwal Business Properties Private Limited

    Active build-icon 13 years 7 months

    Rajeev Reniwal and Sweety Reniwal are mutual person

  • Valentine Properties Private Limited

    Valentine Properties Private Limited

    Active build-icon 29 years 7 months

    Sweety Reniwal is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Inducto Steels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Charges

    A charge with Others of Rs. 100.00 cr registered on 17 Jun 2023 with Charge ID 100740642 was modified on 03 Jul 2023.

    03 Jul 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 100.00 cr with Charge ID 100740642 was registered on 17 Jun 2023.

    17 Jun 2023
  • Activity

    Charges

    A charge registered on 18 Jan 2021 via Charge ID 100423869 with Axis Bank Limited was fully satisfied on 31 Mar 2023.

    31 Mar 2023
  • Activity

    Balance Sheet

    Inducto Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Inducto Steels Limited?

Inducto Steels Limited was incorporated 35 years 5 months ago on 29 Nov 1988 with Registrar of Companies Roc Mumbai.

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