Zarhak Steels Private Limited Company Logo

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:

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

  • 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 Indicators

  • Authorised Capital ₹ 2.45 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 37 Year, 7 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

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

NameDesignationAppointment DateStatus
Zoeb Husain ChitalwalaWhole-Time Director03 Jun 2022Current
Aslam Husain ChitalwalaWhole-Time Director11 Mar 2005Current
Ashraf Husain ChitalwalaWhole-Time Director05 Apr 1988Current
Hamza Husein ChitalwalaWhole-Time Director05 Apr 1988Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector14 Mar 2016Past
Pramod AbcsddWhole-Time Director19 Apr 2018Past
Pramod AbcsddDirector30 Sep 2015Past
Pramod AbcsddDirector30 Sep 2015Past
Pramod AbcsddManaging Director30 Sep 2015Past
Pramod AbcsddWhole-Time Director31 Aug 2016Past

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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
  • 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
-11.44%
Revenue from Operations
-11.52%
Total Assets
3.06%
Profit or Loss
-48.57%
Net Worth
14.13%
EBITDA
-39.97%

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 Indicator graph

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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

DateLenderAmountStatus
28 Sep 2018The Hongkong And Shanghai Banking Corporation Limited₹12.50 CrOpen
10 Mar 2015Others₹13.55 CrOpen
07 Aug 2014Hdfc Bank Limited₹0.71 MOpen
29 Jul 2010Others₹12.00 CrOpen
06 Oct 2009Icici Bank Limited₹12.40 CrOpen

Explore comprehensive loan charge details -

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 growth trends for Zarhak Steels Private Limited

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.

Latest Updates, News, and FAQs on Zarhak Steels

Recent Activity within the Organization

  • Annual General Meeting

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

  • Balance Sheet

    Zarhak Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • 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

    A charge registered on 05 Jun 2008 via Charge ID 10115200 with Hdfc Bank Limited was fully satisfied on 31 Aug 2023. was recorded as a recent event.

  • 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 5 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.

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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