Utkal Metallics Limited

Utkal Metallics Limited

Produces sponge iron with two kilns and annual capacity of 24,000 tonnes.

2003 Sundergarh, Odisha (India) Active

About

Basic Data Updated:

19 days ago

Utkal Metallics Limited, located in the bustling city of Rourkela in Odisha, is a renowned name in the manufacturing industry. Its credit rating report speaks volumes about the company's success and growth. The company is primarily engaged in the production of sponge iron, a vital component in the steel-making process. This is done at its state-of-the-art unit in Kalunga, which is equipped with two kilns, each with a capacity of 50 tonnes per day. With an annual production capacity of 24,000 tonnes, Utkal Metallics Limited has established itself as a major player in the market. This success can be attributed to the hard work and dedication of its promoters - Mr. Manjit Singh Panesar, Mr. Sarabjit Singh Panesar, Mr. Bipin Kumar Gupta, Mr. Ram Kumar Agarwal, and Mr. Hardeep Singh. Their vision and leadership have propelled the company towards new heights, making it a force to be reckoned with in the industry. The company's commitment to quality and innovation has earned it a loyal customer base and a strong reputation in the market.

Industry

Company Details

  • Location

    Sundergarh, Odisha, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU27101OR2003PLC007023
Company No.007023
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date08 Jan 2003
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Cuttack

Financials of Utkal Metallics Limited

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Utkal Metallics Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 21.15% increase. The company also saw a substantial improvement in profitability, with a 144.38% increase in profit. The company's net worth moved up by a moderate rise of 8.9%.

Corporate Structure

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People in Utkal Metallics Limited

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹23.61 cr

₹15.04 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 09 May 2022
₹13.00 CrOpen

Hdfc Bank Limited

Creation Date: 09 Jun 2021
₹10.00 CrOpen

Others

Creation Date: 19 Dec 2020
₹3.56 MOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Sahej Developer Private Limited

    Sahej Developer Private Limited

    Active build-icon 16 years 11 months

    Sarabjit Panesar is a mutual person

  • Indersons Services Private Limited

    Indersons Services Private Limited

    Active build-icon 6 years 2 months

    Jasdeep Singh and Hardeep Singh are mutual person

  • Beml Limited

    Beml Limited

    Active build-icon 60 years 10 days

    Bipin Gupta is a mutual person

  • Cogent Steel And Pipes Private Limited

    Cogent Steel And Pipes Private Limited

    Active build-icon 8 years 8 months

    Bipin Gupta is a mutual person

  • Bamdeb Agro Private Limited

    Bamdeb Agro Private Limited

    Active build-icon 19 years 9 months

    Manjit Panesar is a mutual person

  • Panesar Steel And Power Limited

    Panesar Steel And Power Limited

    Active build-icon 19 years 2 months

    Manjit Panesar and Sarabjit Panesar are mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

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

    30 Sep 2023
  • Activity

    Balance Sheet

    Utkal Metallics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 30 Dec 2011 via Charge ID 10334545 with Canara Bank was fully satisfied on 04 Jun 2022.

    04 Jun 2022
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 cr with Charge ID 100574587 was registered on 09 May 2022.

    09 May 2022
  • Activity

    Charges

    A charge with Hdfc Bank Limited of Rs. 13.00 cr registered on 09 May 2022 with Charge ID 100574587 was modified on 09 May 2022.

    09 May 2022

Frequently asked questions

What is the Incorporation or founding date of Utkal Metallics Limited?

Utkal Metallics Limited was incorporated 21 years 4 months ago on 08 Jan 2003 with Registrar of Companies Roc Cuttack.

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