Coromandel Steels Ltd
Manufacturer of metal and metal products, specializing in structural engineering and vehicle production.
1958 | Chennai, Tamil Nadu (India) | Active
Coromandel Steels Profile
Key Indicators
- Authorised Capital ₹ 2.45 Cr
- Paid Up Capital ₹ 1.91 Cr
- Company Age 66 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.17 Cr
- Satisfied Charges ₹ 9.41 Cr
- Revenue Growth -100.00%
- Profit Growth -100.03%
- Ebitda 99.99%
- Net Worth -99.93%
- Total Assets -99.92%
About Coromandel Steels
Coromandel Steels Ltd (CSL) was founded in India on 10 June 1958 and has a glorious history of 66 years and 11 months.Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Metal & 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 2.45 Cr and a paid-up capital of Rs 1.91 Cr.
The company currently has active open charges totaling ₹1.17 Cr. The company has closed loans amounting to ₹9.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mandakolathur Seshadri, Korukkai Visweswaran, and Rajagopal Sowmithri serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27209TN1958PLC003651
- Company No.
003651
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Jun 1958
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Metal & Minerals
Coromandel Steels Ltd
Explore comprehensive data for Coromandel Steels Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Coromandel Steels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mandakolathur Seshadri  | Director | 05-Nov-2018 | Current |
| Korukkai Visweswaran | Director | 06-May-1987 | Current |
| Rajagopal Sowmithri | Director | 01-Mar-2004 | Current |
Financial Performance of Coromandel Steels.
Coromandel Steels Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 99.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coromandel Steels?
In 2021, Coromandel Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Spheroidal Castings Limited
Mandakolathur Seshadri and Rajagopal Sowmithri are mutual person
- Vellore Electric Corporation Ltd
Mandakolathur Seshadri is a mutual person
- Wesco Engineers Ltd
Korukkai Visweswaran and Rajagopal Sowmithri are mutual person
- E L Forge Limited
Korukkai Visweswaran is a mutual person
Charges (Loans)
Open Charges
₹1.17 Cr
Satisfied Charges
₹9.41 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 1.15 Cr
- Bank Of Baroda : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 1989 | Bank Of India | ₹8.34 M | Open |
| 20 Nov 1980 | Bank Of India | ₹0.62 M | Open |
| 12 Dec 1977 | Bank Of India | ₹2.25 M | Open |
| 20 Aug 1974 | Bank Of India | ₹0.04 M | Open |
| 01 Jul 1974 | Bank Of India | ₹0.04 M | Open |
How Many Employees Work at Coromandel Steels?
Unlock and access historical data on people associated with Coromandel Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coromandel 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 Coromandel Steels'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.
Latest Updates, News, and FAQs on Coromandel Steels
Recent activity within the organization
- Annual General Meeting
Coromandel Steels Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Coromandel Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Mandakolathur Sivakaminathan Seshadri was appointed as a Director was appointed as a Director on 05 Nov 2018 & has been associated with this company since 6 years 6 months .
- Charges
A charge registered on 24 Dec 2007 via Charge ID 10084090 with Axis Bank Limited was fully satisfied on 12 May 2017.
- Charges
A charge registered on 06 Oct 2003 via Charge ID 90301202 with Canara Bank was fully satisfied on 28 Jan 2011.
- Charges
A charge with Axis Bank Limited of Rs. 5.91 Cr registered on 24 Dec 2007 with Charge ID 10084090 was modified on 23 Mar 2009.
Frequently asked questions
What is the Incorporation or founding date of Coromandel Steels Ltd?
Coromandel Steels Ltd was incorporated on 10 Jun 1958.
What is authorized share capital and paid-up capital of Coromandel Steels Ltd?
The authorized share capital of Coromandel Steels Ltd is ₹ 2.45 Cr and paid-up capital is ₹ 1.91 Cr.
Who are the current board members & directors of Coromandel Steels Ltd?
Currently 3 directors are associated with Coromandel Steels Ltd.
- Mandakolathur Sivakaminathan Seshadri
- Korukkai Ramachandran Visweswaran
- Rajagopal Sowmithri
What is the registered address of Coromandel Steels Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Coromandel Steels Ltd is 21C A R K Colony, Eldams Road Alwarpet India, Chennai, Tamil Nadu, 600018.
What is the corporate identification number (CIN) and company number of Coromandel Steels Ltd?
The corporate identification number (CIN) of Coromandel Steels Ltd is U27209TN1958PLC003651 and the company number is 003651 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Coromandel Steels Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Coromandel Steels Ltd has fallen by -100.00%.
What change has been observed in the net worth of Coromandel Steels Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Coromandel Steels Ltd has experienced an downturn of -99.93%.
What are the total open charges for Coromandel Steels Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Coromandel Steels Ltd amount to ₹ 1.17 Cr.
When was the last Balance Sheet of Coromandel Steels Ltd filed with the ROC?
The most recent Balance Sheet for Coromandel Steels Ltd was filed with the ROC on 31 Mar 2024.
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