Abhijeet Ferrotech Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
as on 05-01-2025
- Paid Up Capital ₹ 45.45 Cr
as on 05-01-2025
- Company Age 29 Year, 14 Days
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 1,819.06 Cr
as on 05-01-2025
- Revenue -34.00%
(FY 2016)
- Profit -300.30%
(FY 2016)
- Ebitda -172.98%
(FY 2016)
- Net Worth -134.91%
(FY 2016)
- Total Assets 5.39%
(FY 2016)
About Abhijeet Ferrotech
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.
- 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
Company Details
- Location
24 Parganas, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Abhijeet Ferrotech?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Jayaswal  | Additional Director | 25-Nov-2014 | Current |
| Rajesh Jayaswal | Additional Director | 09-Oct-2014 | Current |
| Rohit Jaiswal | Director | 08-Mar-2018 | Current |
| Uttam Jaiswal | Additional Director | 09-Sep-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
The Indian Ferro Alloy Producers AssociationActive 63 years 6 monthsManoj Jayaswal is a mutual person
Charges (Loans)
₹1,819.06 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2015 | United Bank Of India | ₹75.50 Cr | Open |
| 23 Dec 2015 | State Bank Of Travancore | ₹36.74 Cr | Open |
| 26 Jun 2015 | Axis Bank Limited | ₹102.12 Cr | Open |
| 31 Dec 2013 | Axis Bank Limited | ₹868.70 Cr | Open |
| 02 Nov 2011 | Axis Bank Limited | ₹366.00 Cr | Open |
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.
Deals i
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
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.
