Cheran Steels Private Limited

Manufactures TMT bars under brand Cheenu, established in 2008 in Pollachi, Tamil Nadu.

2008 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Cheran Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 11.05 Cr
  • Satisfied Charges ₹ 3.90 Cr
  • Revenue Growth -59.61%
  • Profit Growth 9.79%
  • Ebitda 26.65%
  • Net Worth -34.41%
  • Total Assets 33.77%

About Cheran Steels

Cheran Steels Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 2008 and has a history of 16 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sanex Steels 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 2018. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹11.05 Cr. The company has closed loans amounting to ₹3.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohan Dhantapani and Karunanidhi serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107TZ2008PTC014496

  • Company No.

    014496

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2008

  • Date of AGM

    23 May 2024

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals

Who are the key members and board of directors at Cheran Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Mohan Dhantapani Country flag representing In Director 10-Aug-2012Current
Karunanidhi Country flag representing In Director 10-Aug-2012Current

Financial Performance of Cheran Steels.

Cheran Steels Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 59.61% decrease. The company also saw a slight improvement in profitability, with a 9.79% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.41%.

Graph illustrating revenue growth over time
Graph showing 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
-59.61%
Revenue from Operations
-60.00%
Total Assets
33.77%
Profit or Loss
9.79%
Net Worth
-34.41%
EBITDA
26.65%

What is the Ownership and Shareholding Structure of Cheran Steels?

In 2017, Cheran Steels had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.05 Cr

Satisfied Charges

₹3.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.05 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2012Others₹11.05 CrOpen
25 Apr 2009Canara Bank₹3.90 CrSatisfied

How Many Employees Work at Cheran Steels?

Unlock and access historical data on people associated with Cheran Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cheran Steels, 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 Cheran Steels'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 Cheran Steels

Recent activity within the organization

  • Annual General Meeting

    Cheran Steels Private Limited last Annual general meeting of members was held on 23 May 2024 as per latest MCA records.

    23 May 2024

  • Balance Sheet

    Cheran Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore.

    31 Mar 2018

  • Charges

    A charge with Others of Rs. 11.05 Cr registered on 27 Aug 2012 with Charge ID 10433643 was modified on 29 Jan 2016.

    29 Jan 2016

  • Charges

    A charge registered on 25 Apr 2009 via Charge ID 10157576 with Canara Bank was fully satisfied on 12 Sep 2012.

    12 Sep 2012

  • Charges

    A charge with Others amounted to Rs. 11.05 Cr with Charge ID 10433643 was registered on 27 Aug 2012.

    27 Aug 2012

  • Director Appointment

    Mohan Dhantapani was appointed as a Director was appointed as a Director on 10 Aug 2012 & has been associated with this company since 12 years 6 months .

    10 Aug 2012

Frequently asked questions

  • Cheran Steels Private Limited was incorporated on 26 May 2008.

  • The authorized share capital of Cheran Steels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Cheran Steels Private Limited.

    • Mohan Dhantapani
    • Karunanidhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cheran Steels Private Limited is Sf. No. 42/2 Mullappadi Road, Sulakkal India, Pollachi, Tamil Nadu, 642110.

  • The corporate identification number (CIN) of Cheran Steels Private Limited is U27107TZ2008PTC014496 and the company number is 014496 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Cheran Steels Private Limited has fallen by -59.61%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Cheran Steels Private Limited has experienced an downturn of -34.41%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Cheran Steels Private Limited amount to ₹ 11.05 Cr.

  • The most recent Balance Sheet for Cheran Steels Private Limited was filed with the ROC on 31 Mar 2018.

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