Zarhak Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 1988.
1988 Mumbai, Maharashtra, India Active
Last Updated:
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About Zarhak Steels Private Limited

Zarhak Steels Private Limited, a active private limited company, was established on 05 April 1988 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the manufacturing sector, it holds CIN: U27110MH1988PTC046875. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.45 M and a paid-up capital of ₹0.60 M.

Formerly known as Zarhak Steels Limited. It upholds a compliant status. Its leadership includes Zoeb Husain Chitalwala (Whole-Time Director), Aslam Husain Chitalwala (Whole-Time Director), Ashraf Husain Chitalwala (Whole-Time Director). Past directors included Anand Jayantilal Mehta, Zoeb Husain Chitalwala, Aslam Husain Chitalwala. It holds ₹63.77 Cr open charges and ₹22.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 22 Nariman Bhvan, 227 Nariman Point,, Mumbai, Maharashtra, 400021.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U27110MH1988PTC046875

  • Registration Number

    046875

  • Incorporation Date

    05 April 1988

  • Authorized Capital

    ₹2.45 M

  • Paid-Up Capital

    ₹0.60 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.45 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 63.77 Cr
  • Satisfied Charges ₹ 22.00 Cr
  • Revenue Growth **** -11.44%
  • Profit Growth **** -48.57%
  • Ebitda **** -39.97%
  • Net Worth 14.13%
  • Total Assets **** 3.06%
Company report

Zarhak Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Zarhak 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 Zarhak Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Zoeb Husain Chitalwala Whole-Time Director 03 Jun 2022 Current
Aslam Husain Chitalwala Whole-Time Director 11 Mar 2005 Current
Ashraf Husain Chitalwala Whole-Time Director 05 Apr 1988 Current
Hamza Husein Chitalwala Whole-Time Director 05 Apr 1988 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Mar 2016 Past
Pramod Abcsdd Whole-Time Director 19 Apr 2018 Past
Pramod Abcsdd Director 30 Sep 2015 Past
Pramod Abcsdd Director 30 Sep 2015 Past
Pramod Abcsdd Managing Director 30 Sep 2015 Past
Pramod Abcsdd Whole-Time Director 31 Aug 2016 Past

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Financial Performance of Zarhak Steels.

Zarhak Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.44% decrease. The company also saw a substantial fall in profitability, with a 48.57% decrease in profit. The company's net worth Soared by an impressive increase of 14.13%.

Zarhak Steels revenue growth over time
Zarhak 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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 -11.44%
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Revenue from Operations
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 -11.52%
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*******
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Total Assets
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 3.06%
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Profit or Loss
*******
 -48.57%
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*******
*******
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Net Worth
*******
 14.13%
*******
*******
*******
*******
EBITDA
*******
 -39.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Zarhak Steels?

In 2023, Zarhak Steels had a promoter holding of 100.00%. 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

₹637,714,000.00

Satisfied Charges

₹220,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 25.55 Cr
  • Icici Bank Limited : 24.40 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 12.50 Cr
  • The British Bank Of The Middle East : 1.25 Cr
  • Hdfc Bank Limited : 0.07 Cr
Latest Charge Details
Date Lender Amount Status
28 Sep 2018 The Hongkong And Shanghai Banking Corporation Limited ₹12.50 Cr Open
10 Mar 2015 Others ₹13.55 Cr Open
07 Aug 2014 Hdfc Bank Limited ₹0.71 M Open
29 Jul 2010 Others ₹12.00 Cr Open
06 Oct 2009 Icici Bank Limited ₹12.40 Cr Open

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How Many Employees Work at Zarhak Steels?

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

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 Zarhak 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 Zarhak 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 Zarhak Steels
Recent Activity within the Organization
  • Annual General Meeting

    Zarhak Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Zarhak Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 0.71 M registered on 07 Aug 2014 with Charge ID 10522482 was modified on 01 Sep 2023. was documented.

  • Charges

    Progress on A charge registered on 05 Jun 2008 via Charge ID 10115200 with Hdfc Bank Limited was fully satisfied on 31 Aug 2023. was documented.

  • Director Appointment

    Progress on Zoeb Husain Chitalwala was appointed as a Whole-time director was appointed as a Whole-time director on 03 Jun 2022 & has been associated with this company since 3 years 8 months . was documented.

  • Charges

    A charge with Others of Rs. 135.50 M registered on 10 Mar 2015 with Charge ID 10575255 was modified on 28 Aug 2019. was recorded as a recent event.

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

The CIN of Zarhak Steels Private Limited is U27110MH1988PTC046875.

Where is Zarhak Steels Private Limited headquartered?

Zarhak Steels Private Limited is headquartered at 22 Nariman Bhvan, 227 Nariman Point,, Mumbai, Maharashtra, 400021.

When was Zarhak Steels Private Limited incorporated?

Zarhak Steels Private Limited was incorporated on 05 April 1988.

Who are the current directors of Zarhak Steels Private Limited?

The current directors of Zarhak Steels Private Limited are

What is the primary industry of Zarhak Steels Private Limited?

The primary industry of Zarhak Steels Private Limited is Manufacturing.

Is Zarhak Steels Private Limited a listed company?

Zarhak Steels Private Limited is unlisted.

What is the capital structure of Zarhak Steels Private Limited?

The authorized capital of Zarhak Steels Private Limited is ₹2.45 M, and the paid-up capital is ₹0.60 M.

What is the compliance status of Zarhak Steels Private Limited?

The compliance status of Zarhak Steels Private Limited is Compliant.

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