Agarwal Induction Furnace Profile
Key Indicators
- Authorised Capital ₹ 175.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 3.98 Cr
as on 23-10-2024
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,960.50 Cr
as on 23-10-2024
- Satisfied Charges ₹ 50.69 Cr
as on 23-10-2024
- Revenue 13.78%
(FY 2023)
- Profit -5.87%
(FY 2023)
- Ebitda 38.14%
(FY 2023)
- Net Worth 13.50%
(FY 2023)
- Total Assets 0.53%
(FY 2023)
About Agarwal Induction Furnace
The Corporate was formerly known as Surbhi Steel Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 175.00 Cr and a paid-up capital of Rs 3.98 Cr.
The company currently has active open charges totaling ₹2,960.50 Cr. The company has closed loans amounting to ₹50.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Agarwal and Kushal Agarwal serve as directors at the Company.
- CIN/LLPIN
U27100KA2008PTC047347
- Company No.
047347
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jul 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Agarwal Induction Furnace?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Agarwal  | Managing Director | 31-Jul-2008 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kushal Agarwal | Director | 31-Jul-2008 | Current |
Financial Performance of Agarwal Induction Furnace.
Agarwal Induction Furnace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.78% increase. The company also saw a slight decrease in profitability, with a 5.87% decrease in profit. The company's net worth Soared by an impressive increase of 13.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Agarwal Induction Furnace?
In 2023, Agarwal Induction Furnace had a promoter holding of 86.50% and a public holding of 13.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vrkp Rerolling Mill Private LimitedActive 17 years 8 monthsVinod Agarwal and Kushal Agarwal are mutual person
- Vrkp Steel Industries Private LimitedActive 23 years 11 days
Vinod Agarwal and Kushal Agarwal are mutual person
- Vrkp Integrated Steel Industries Private LimitedActive 2 years 9 months
Kushal Agarwal is a mutual person
Vrkp Sponge & Power Plant LlpActive 9 years 8 monthsVinod Agarwal and Kushal Agarwal are mutual person
- Shilpa Ispat Private LimitedActive 15 years 2 months
Vinod Agarwal and Kushal Agarwal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 May 2023 | ₹6.60 Cr | Open |
Others Creation Date: 29 Sep 2015 | ₹268.54 Cr | Open |
Others Creation Date: 29 Apr 2015 | ₹268.54 Cr | Open |
How Many Employees Work at Agarwal Induction Furnace?
Agarwal Induction Furnace has a workforce of 2 employees as of Mar 28, 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 Agarwal Induction Furnace, 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 Agarwal Induction Furnace'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.
