Alok Ferro Alloys Profile
Key Indicators
- Authorised Capital ₹ 28.72 Cr
- Paid Up Capital ₹ 25.67 Cr
- Company Age 37 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.50 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 37 years and 11 months. 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 2023. It's a company limited by shares with an authorized capital of Rs 28.72 Cr and a paid-up capital of Rs 25.67 Cr.
The company currently has active open charges totaling ₹37.50 Cr. The company has closed loans amounting to ₹1,622.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yarra Rao, Ajay Dubey, Bhrigu Ojha, 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
28 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
Who are the key members and board of directors at Alok Ferro Alloys?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Agrawal  | Whole-Time Director | 16-Jun-2017 | Current |
| Yarra Rao | Director | 08-Nov-2022 | Current |
| Ajay Dubey | Whole-Time Director | 05-May-2005 | Current |
| Bhrigu Ojha | Director | 27-Jul-2022 | Current |
| Missbhavna Desai | Director | 27-Jul-2022 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Pragati Power Corporation LimitedBhrigu Ojha is a mutual person
Indraprastha Power Generation Company LimitedBhrigu Ojha is a mutual person
Hira Infra-Tek LimitedAjay Dubey is a mutual person
Hira FoundationYarra Rao is a mutual person
Hira Energy LimitedVinay Agrawal is a mutual person
Him Sagar Minerals Private LimitedVinay Agrawal is a mutual person
Charges (Loans)
₹37.50 Cr
₹1,622.91 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 37.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2021 | Axis Bank Limited | ₹37.50 Cr | Open |
| 04 Dec 2020 | Others | ₹8.00 Cr | Satisfied |
| 03 Jun 2017 | Others | ₹1,579.88 Cr | Satisfied |
| 28 Jul 2016 | Others | ₹5.00 Cr | Satisfied |
| 20 Oct 2012 | Bajaj Finance Limited | ₹2.35 M | Satisfied |
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.
Deals i
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
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.
