Alok Ferro Alloys Limited

Manufacturer of Ferro Alloy products and electricity generation with 8 MW captive power plants.

1987 | Raipur, Chattisgarh (India) | Active
Last Updated:

Alok Ferro Alloys Profile

Key Indicators

  • Authorised Capital ₹ 28.72 Cr
  • Paid Up Capital ₹ 22.68 Cr
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 39.30 Cr
  • Satisfied Charges ₹ 1,622.91 Cr
  • Revenue Growth -47.52%
  • Profit Growth -96.53%
  • Ebitda -101.00%
  • Net Worth -0.25%
  • Total Assets -1.65%

About Alok Ferro Alloys

Alok Ferro Alloys Limited (AFAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 February 1987 and has a history of 38 years and one month. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Hira Ferro Alloys 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 2024. It's a company limited by shares with an authorized capital of Rs 28.72 Cr and a paid-up capital of Rs 22.68 Cr.

The company currently has active open charges totaling ₹39.30 Cr. The company has closed loans amounting to ₹1,622.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Alok Ferro Alloys Limited India are Baban Tamrakar as COMPANY SECRETARY and Firoz Khan as Cfo. Yarra Rao, Bhrigu Ojha, Missbhavna Desai, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28112CT1987PLC003847

  • Company No.

    003847

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1987

  • Date of AGM

    27 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

Who are the key members and board of directors at Alok Ferro Alloys?

Executive Team (2)

NameDesignationAppointment DateStatus
Baban Tamrakar Company Secretary14-Aug-2024Current
Firoz Khan CFO14-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vinay Agrawal Country flag representing In Whole-Time Director 29-Sep-2018Current
Yarra Rao Country flag representing In Director 08-Nov-2022Current
Bhrigu Ojha Country flag representing In Director 27-Jul-2022Current
Missbhavna Desai Country flag representing In Director 27-Jul-2022Current
Ajay Dubey Country flag representing In Whole-Time Director 05-May-2005Current

Financial Performance of Alok Ferro Alloys.

Alok Ferro Alloys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.52% decrease. The company also saw a substantial fall in profitability, with a 96.53% decrease in profit. The company's net worth dipped by a decrease of 0.25%.

Alok Ferro Alloys revenue growth over time
Alok Ferro Alloys 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
-47.52%
Revenue from Operations
-48.67%
Total Assets
-1.65%
Profit or Loss
-96.53%
Net Worth
-0.25%
EBITDA
-101.00%

What is the Ownership and Shareholding Structure of Alok Ferro Alloys?

In 2023, Alok Ferro Alloys had a promoter holding of 78.96% and a public holding of 21.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.30 Cr

Satisfied Charges

₹1,622.91 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 37.50 Cr
  • State Bank Of India : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2024State Bank Of India₹1.80 CrOpen
23 Nov 2021Axis Bank Limited₹37.50 CrOpen
04 Dec 2020Others₹8.00 CrSatisfied
03 Jun 2017Others₹1,579.88 CrSatisfied
28 Jul 2016Others₹5.00 CrSatisfied

How Many Employees Work at Alok Ferro Alloys?

Alok Ferro Alloys has a workforce of 148 employees as of Apr 03, 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 Alok Ferro Alloys Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Alok Ferro Alloys, 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 Alok Ferro Alloys'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 Alok Ferro Alloys

Recent activity within the organization

  • Annual General Meeting

    Alok Ferro Alloys Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.

  • Director Appointment

    Baban Tamrakar was appointed as a Company Secretary was appointed as a Company Secretary on 14 Aug 2024 & has been associated with this company since 7 months 15 days .

  • Director Appointment

    Firoz Khan was appointed as a Cfo was appointed as a Cfo on 14 Aug 2024 & has been associated with this company since 7 months 15 days .

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.80 Cr with Charge ID 100958029 was registered on 06 Aug 2024.

  • Balance Sheet

    Alok Ferro Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge with Axis Bank Limited of Rs. 37.50 Cr registered on 23 Nov 2021 with Charge ID 100511431 was modified on 02 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Alok Ferro Alloys Limited?

    Alok Ferro Alloys Limited was incorporated on 26 Feb 1987.

  • What is authorized share capital and paid-up capital of Alok Ferro Alloys Limited?

    The authorized share capital of Alok Ferro Alloys Limited is ₹ 28.72 Cr and paid-up capital is ₹ 22.68 Cr.

  • Who are the current board members & directors of Alok Ferro Alloys Limited?

    Currently 7 directors are associated with Alok Ferro Alloys Limited.

    • Yarra Chandra Rao
    • Bhrigu Nath Ojha
    • Missbhavna Govindbhai Desai
    • Baban Tamrakar
    • Firoz Khan
    • Vinay Kumar Agrawal
    • Ajay Dubey

  • What is the registered address of Alok Ferro Alloys Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Alok Ferro Alloys Limited is 458/1 Industrial Area Urla, India, Raipur, Chattisgarh, 493221.

  • What is the corporate identification number (CIN) and company number of Alok Ferro Alloys Limited?

    The corporate identification number (CIN) of Alok Ferro Alloys Limited is U28112CT1987PLC003847 and the company number is 003847 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Alok Ferro Alloys Limited?

    The Official website of Alok Ferro Alloys Limited is https://www.hpslindia.com

  • What has been the recent revenue trend for Alok Ferro Alloys Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Alok Ferro Alloys Limited has fallen by -47.52%.

  • How many employees does Alok Ferro Alloys Limited currently have?

    As Per 2023 financial reports, 148 employees are currently employed by Alok Ferro Alloys Limited.

  • What change has been observed in the net worth of Alok Ferro Alloys Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Alok Ferro Alloys Limited has experienced an downturn of -0.25%.

  • What are the total open charges for Alok Ferro Alloys Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Alok Ferro Alloys Limited amount to ₹ 39.30 Cr.

  • When was the last Balance Sheet of Alok Ferro Alloys Limited filed with the ROC?

    The most recent Balance Sheet for Alok Ferro Alloys Limited was filed with the ROC on 31 Mar 2024.

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