What does it mean when Gilco Steels Limited has charges?

It means Gilco Steels Limited has borrowed money and pledged assets as security. Each charge is a loan or credit facility filed with MCA against the company (CIN U27107CH2008PLC031407), naming the lender and what's been pledged.

What's the difference between an open and a closed charge?

An open charge is still active - the lender can still enforce against the secured assets. A closed charge has been paid off and the lender has released its claim.

How should I read the open and closed totals?

They sum the registered amounts on each side, so you can see at a glance how much is still active versus how much has been settled. The list below shows each individual charge with its lender, amount and key dates if you want to verify.

Where can I cross-check this against financials or ownership?

Open the Financial tab to see how the borrowings show up in the filed accounts of Gilco Steels Limited, and the Ownership tab for shareholding and KMP context that often matters when reading the charge register.

Gilco Steels Limited - Charges

Q: Who are the top lenders?

They're the banks and institutions ranked by how much they've lent to Gilco Steels Limited - so you can see which lenders matter most to this company at a glance.

Every charge - open or closed - that lenders have registered against Gilco Steels Limited, with the most recent activity at the top.

2008-10-29 Chandigarh, Chandigarh Active Unlisted Active Non-Compliant

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GS Gilco Steels Limited

Open charges

41.17 cr

Closed charges

0.00

Total

41.17 cr

Open vs closed

Top charge holders (by amount)

Top lenders

#	Lender	Charges	Amount
1	Uco Bank	1	36.24 cr
2	Punjab National Bank	3	4.93 cr

All charges (4) - latest first

Charge ID	Charge holder	Created	Modified	Satisfied	Amount	Status
10340067	Punjab National Bank	10 Feb 2012	-	-	68.75 Lakh	Open
10331485	Punjab National Bank	06 Jan 2012	30 Jan 2013	-	4.00 cr	Open
10309864	Punjab National Bank	13 Sep 2011	-	-	24.69 Lakh	Open
10187441	Uco Bank	23 Nov 2009	15 Mar 2013	-	36.24 cr	Open

Frequently Asked Questions - Charges & borrowings

What do "charges" mean for Gilco Steels Limited?

Charges are registrable security interests-typically loans or credit facilities-filed with MCA against Gilco Steels Limited (CIN: U27107CH2008PLC031407). They indicate assets or undertakings pledged to lenders or charge holders.

What is the difference between open and closed charges?

Open charges are active or not yet fully discharged; closed (or satisfied) charges are recorded as settled or released. Counts and amounts on this page follow the statuses shown in the charge list.

How should I read the open vs closed amounts?

Open and closed amounts summarise registrable amounts by status for quick comparison; individual rows may show charge-specific amounts, holders, and dates for verification.

Who are the "top lenders" or charge holders?

Top lenders group charge holders by bank or institution name and approximate exposure so you can see which lenders appear most prominently for Gilco Steels Limited.

Where can I cross-check financial or ownership context?

Pair this Charges view with the Financial and Ownership sections on this company's V1 profile for loans in financial statements and cap table context alongside MCA charge filings.

Gilco Steels Limited - Charges

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