Abhijeet Ferrotech Limited

Produces manganese alloys for various industries in India such as power, roads, mining, steel, and cement.

1996 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Abhijeet Ferrotech Profile

Key Indicators

  • Authorised Capital ₹ 85.00 Cr
  • Paid Up Capital ₹ 45.45 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 1,819.06 Cr
  • Revenue Growth -34.00%
  • Profit Growth -300.30%
  • Ebitda -172.98%
  • Net Worth -134.91%
  • Total Assets 5.39%

About Abhijeet Ferrotech

Abhijeet Ferrotech Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1996 and has a history of 29 years and two months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Coastal Ferrotech Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 85.00 Cr and a paid-up capital of Rs 45.45 Cr.

The company currently has active open charges totaling ₹1,819.06 Cr.

Manoj Jayaswal, Rajesh Jayaswal, Rohit Jaiswal, and One other member serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52322WB1996PLC076509

  • Company No.

    076509

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1996

  • Date of AGM

    28 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Metals and Minerals

Who are the key members and board of directors at Abhijeet Ferrotech?

Board Members (4)

NameDesignationAppointment DateStatus
Manoj Jayaswal Country flag representing In Additional Director 25-Nov-2014Current
Rajesh Jayaswal Country flag representing In Additional Director 09-Oct-2014Current
Rohit Jaiswal Country flag representing In Director 08-Mar-2018Current
Uttam Jaiswal Additional Director 09-Sep-2024Current

Financial Performance of Abhijeet Ferrotech.

Abhijeet Ferrotech Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 34% decrease. The company also saw a substantial fall in profitability, with a 300.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 134.91%.

Abhijeet Ferrotech revenue growth over time
Abhijeet Ferrotech 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
-34.00%
Revenue from Operations
-35.25%
Total Assets
5.39%
Profit or Loss
-300.30%
Net Worth
-134.91%
EBITDA
-172.98%

What is the Ownership and Shareholding Structure of Abhijeet Ferrotech?

In 2017, Abhijeet Ferrotech had a promoter holding of 73.40% and a public holding of 26.60%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,819.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1706.82 Cr
  • United Bank Of India : 75.50 Cr
  • State Bank Of Travancore : 36.74 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2015United Bank Of India₹75.50 CrOpen
23 Dec 2015State Bank Of Travancore₹36.74 CrOpen
26 Jun 2015Axis Bank Limited₹102.12 CrOpen
31 Dec 2013Axis Bank Limited₹868.70 CrOpen
02 Nov 2011Axis Bank Limited₹366.00 CrOpen

How Many Employees Work at Abhijeet Ferrotech?

Abhijeet Ferrotech has a workforce of 238 employees as of Apr 06, 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 growth trends for Abhijeet Ferrotech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abhijeet Ferrotech, 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 Abhijeet Ferrotech'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 Abhijeet Ferrotech

Recent activity within the organization

  • Director Appointment

    Uttam Jaiswal was appointed as a Additional Director was appointed as a Additional Director on 09 Sep 2024 & has been associated with this company since 6 months 20 days .

  • Director Appointment

    Rohit Ashok Jaiswal was appointed as a Director was appointed as a Director on 08 Mar 2018 & has been associated with this company since 7 years 22 days .

  • Annual General Meeting

    Abhijeet Ferrotech Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.

  • Balance Sheet

    Abhijeet Ferrotech Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Kolkata.

  • Charges

    A charge with United Bank Of India of Rs. 75.50 Cr registered on 30 Dec 2015 with Charge ID 10621254 was modified on 15 Mar 2016.

  • Charges

    A charge with State Bank Of Travancore of Rs. 36.74 Cr registered on 23 Dec 2015 with Charge ID 10622650 was modified on 15 Mar 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Abhijeet Ferrotech Limited?

    Abhijeet Ferrotech Limited was incorporated on 10 Jan 1996.

  • What is authorized share capital and paid-up capital of Abhijeet Ferrotech Limited?

    The authorized share capital of Abhijeet Ferrotech Limited is ₹ 85.00 Cr and paid-up capital is ₹ 45.45 Cr.

  • Who are the current board members & directors of Abhijeet Ferrotech Limited?

    Currently 4 directors are associated with Abhijeet Ferrotech Limited.

    • Manoj Kumar Jayaswal
    • Rajesh Jayaswal
    • Rohit Ashok Jaiswal
    • Uttam Jaiswal

  • What is the registered address of Abhijeet Ferrotech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abhijeet Ferrotech Limited is Fe-83 Sector - Iii Salt Lake City, Ground Floor India, Kolkata, West Bengal, 700106.

  • What is the corporate identification number (CIN) and company number of Abhijeet Ferrotech Limited?

    The corporate identification number (CIN) of Abhijeet Ferrotech Limited is U52322WB1996PLC076509 and the company number is 076509 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Abhijeet Ferrotech Limited?

    The Official website of Abhijeet Ferrotech Limited is https://www.abhijeet.in

  • What has been the recent revenue trend for Abhijeet Ferrotech Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Abhijeet Ferrotech Limited has fallen by -34.00%.

  • How many employees does Abhijeet Ferrotech Limited currently have?

    As Per 2016 financial reports, 238 employees are currently employed by Abhijeet Ferrotech Limited.

  • What change has been observed in the net worth of Abhijeet Ferrotech Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Abhijeet Ferrotech Limited has experienced an downturn of -134.91%.

  • What are the total open charges for Abhijeet Ferrotech Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Abhijeet Ferrotech Limited amount to ₹ 1,819.06 Cr.

  • When was the last Balance Sheet of Abhijeet Ferrotech Limited filed with the ROC?

    The most recent Balance Sheet for Abhijeet Ferrotech Limited was filed with the ROC on 31 Mar 2017.

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