Coromandel Steels Profile
Key Indicators
- Authorised Capital ₹ 2.45 Cr
- Paid Up Capital ₹ 1.91 Cr
- Company Age 66 Year, 8 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 eight 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
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
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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 LimitedMandakolathur 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)
₹1.17 Cr
₹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
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