Zenith Steel Pipes & Industries Limited - Company Profile

It is a metal & minerals public limited company based in Mumbai, Maharashtra, India, established in 1960.

1960 Mumbai, Maharashtra, India Active

Last Updated: January 09, 2026

About Zenith Steel Pipes & Industries Limited

Zenith Steel Pipes & Industries Limited, a active public limited company, was established on 05 August 1960 in Mumbai, Maharashtra, India. Engaging in metalworking within the manufacturing sector, it holds CIN: L29220MH1960PLC011773. Registered under ROC Roc Mumbai. it is listed on BSE: 531845 and NSE: ZENITHSTL. It has an authorized capital of ₹155.50 Cr and a paid-up capital of ₹142.28 Cr.

Formerly known as Zenith Limited, Zenith Steel Pipes & Industries Limited. It upholds a compliant status. Employing 20 professional, Its leadership includes Ganesh Ramesh Mahendrakar (Director), Bhavika Sharma (Director), Pramod Shivaji Bhosale (Director). Past directors included Suresh Gangaram Mitbaokar, Anirudha Chandracant Waghmare, Pushkar Madhav Natu. It holds ₹9,924.13 Cr open charges and ₹175.89 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 5Th Floor, Industry House,159 Churchgate Reclamation,, Mumbai, Maharashtra, 400020.

Company Details

CIN/LLPIN
L29220MH1960PLC011773
Registration Number
011773
Incorporation Date
05 August 1960
Authorized Capital
₹155.50 Cr
Paid-Up Capital
₹142.28 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 531845, NSE: ZENITHSTL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 155.50 Cr as on 09-01-2026
Paid Up Capital ₹ 142.28 Cr as on 09-01-2026
Company Age 65 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 9,924.13 Cr as on 09-01-2026
Satisfied Charges ₹ 175.89 Cr as on 09-01-2026
Revenue Growth **** 16.20% (FY 2023)
Profit Growth **** 450.16% (FY 2023)
Ebitda **** -28.44% (FY 2023)
Net Worth 0.14% (FY 2023)
Total Assets **** 4.35% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Zenith Steel Pipes & Industries 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 Zenith Steel Pipes & Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ganesh Ramesh Mahendrakar	Director	15 Jul 2023	Current
Bhavika Sharma	Director	24 Aug 2020	Current
Pramod Shivaji Bhosale	Director	13 Mar 2020	Current
Sadhana Avinash Patil	Director	20 Mar 2019	Current
Minal Umesh Pote	Whole-Time Director	14 Aug 2019	Current
Purushottam Digambar Sonavane	Director	29 Mar 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	12 Jan 2018	Past
Pramod Abcsdd	Additional Director	26 Sep 2015	Past
Pramod Abcsdd	Whole-Time Director	14 Aug 2014	Past
Pramod Abcsdd	Company Secretary	07 Jan 2009	Past
Pramod Abcsdd	Additional Director	24 Sep 2013	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past

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Financial Performance of Zenith Steel Pipes & Industries.

Zenith Steel Pipes & Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.2% increase. The company also saw a substantial improvement in profitability, with a 450.16% increase in profit. The company's net worth moved up by a moderate rise of 0.14%.

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

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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

********

16.20%

*******

Revenue from Operations

*******

12.24%

*******

Total Assets

*******

4.35%

*******

Profit or Loss

*******

450.16%

*******

Net Worth

*******

0.14%

*******

EBITDA

*******

-28.44%

*******

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What is the Ownership and Shareholding Structure of Zenith Steel Pipes & Industries?

In 2022, Zenith Steel Pipes & Industries had a promoter holding of 15.64% and a public holding of 84.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹99,241,340,000.00

Satisfied Charges

₹1,758,898,356.00

Charges Breakdown by Lending Institutions

Others : 9735.45 Cr
Punjab And Maharashtra Co-Operative Bank Limited : 55.00 Cr
Nederlanse Financierings Maatscappij Voor Ontwikkelingsladen N. V. : 50.95 Cr
Sbi Global Factors Limited : 30.00 Cr
The Uti Bank Ltd. : 13.00 Cr
Others : 39.74 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 May 2015	Punjab And Maharashtra Co-Operative Bank Limited	₹55.00 Cr	Open
27 Oct 2012	Hdfc Bank Limited	₹2.65 M	Open
16 Jul 2012	Hdfc Bank Limited	₹2.08 M	Open
30 Mar 2012	Others	₹17.30 Cr	Open
22 Dec 2011	Sbi Global Factors Limited	₹30.00 Cr	Open

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How Many Employees Work at Zenith Steel Pipes & Industries?

Zenith Steel Pipes & Industries has a workforce of 20 employees as of Apr 09, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Zenith Steel Pipes & Industries, 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 Zenith Steel Pipes & Industries's trajectory.

Rating

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

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 Zenith Steel Pipes & Industries

Recent Activity within the Organization

Annual General Meeting

Progress on Zenith Steel Pipes & Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Director Appointment

Progress on Prakhar Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jun 2024 & has been associated with this company since 1 year 8 months . was documented.
27 Jun 2024
Balance Sheet

The activity Zenith Steel Pipes & Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
31 Mar 2024
Director Appointment

Ganesh Ramesh Mahendrakar was appointed as a Director was appointed as a Director on 15 Jul 2023 & has been associated with this company since 2 years 7 months . was recorded as a recent event.
15 Jul 2023
Charges

The activity A charge registered on 19 Jul 2013 via Charge ID 10482642 with Punjab National Bank was fully satisfied on 15 Jul 2021. was completed.
15 Jul 2021
Charges

The activity A charge registered on 24 Dec 1993 via Charge ID 90243168 with Punjab National Bank was fully satisfied on 15 Jul 2021. was completed.
15 Jul 2021

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