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Facor Steels Limited

Manufacturer of steel products for automobile components, forgers, and bright bar exporters.
2004 | Nagpur, Maharashtra (India) | Under Liquidation

Last Updated:

April 20, 2024
HomeCompanyFacor Steels Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vinodkumar Saraf InManaging Director01-Aug-2004Current

Board Members(7)

NameDesignationAppointment DateStatus
Anurag Saraf In Director 10-Jun-2006Current
Mahendra Thaker In Director 20-Jul-2004Current
Narayan Saraf In Director 28-Apr-2006Current
Keshaorao Pardhi In Director 18-Apr-2014Current
Anand Kapre In Director 20-Jul-2004Current
Mohandas Shenoy In Director 07-Nov-2011Current

Financial Performance and Corporate Structure Insights of Facor Steels.

Facor Steels Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 93.79% decrease. The company also saw a substantial fall in profitability, with a 13.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.99%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-93.79%
Revenue from Operations
-94.93%
Total Assets
-14.57%
Profit or Loss
-13.99%
Net Worth
-43.99%
EBITDA
66.98%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹154.25 Cr

₹67.13 Cr

LenderAmountStatus

Bank Of India As Lead Consortium Bank

Creation Date: 28 Apr 2009
₹142.40 CrOpen

Indian Overseas Bank

Creation Date: 24 Jun 2008
₹11.85 CrOpen

State Bank Of Bikaner & Jaipur

Creation Date: 28 Jul 2006
₹2.63 CrSatisfied

How Many Employees Work at Facor Steels?

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

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Rating

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Latest Updates, News, and FAQs on Facor Steels

Recent activity within the organization

  • Annual General Meeting

    Facor Steels Limited last Annual general meeting of members was held on 28 Sep 2015 as per latest MCA records.

    28 Sep 2015

  • Balance Sheet

    Facor Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai.

    31 Mar 2015

  • Director Appointment

    Champaka Rangachari was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 9 years 8 months .

    30 Mar 2015

  • Director Appointment

    Keshaorao Atmaram Pardhi was appointed as a Director was appointed as a Director on 18 Apr 2014 & has been associated with this company since 10 years 8 months .

    18 Apr 2014

  • Charges

    A charge with Bank Of India As Lead Consortium Bank of Rs. 142.40 Cr registered on 28 Apr 2009 with Charge ID 10160495 was modified on 22 Aug 2013.

    22 Aug 2013

  • Director Appointment

    Mohandas Adige Shenoy was appointed as a Director was appointed as a Director on 07 Nov 2011 & has been associated with this company since 13 years 1 month .

    07 Nov 2011

Frequently asked questions

  • Facor Steels Limited was incorporated on 13 May 2004.

  • The authorized share capital of Facor Steels Limited is ₹ 60.00 Cr and paid-up capital is ₹ 53.43 Cr.

  • Currently 8 directors are associated with Facor Steels Limited.

    • Mahendra Bhawanji Thaker
    • Narayan Das Saraf
    • Anurag Murlidharji Saraf
    • Keshaorao Atmaram Pardhi
    • Vinodkumar Vithaldasji Saraf
    • Anand Sadashiv Kapre
    • Mohandas Adige Shenoy
    • Champaka Rangachari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Facor Steels Limited is 46- A & B Midc Ind. Estate Hingna Road, Hingana Road, Nagpur, Maharashtra, India, 440028.

  • The corporate identification number (CIN) of Facor Steels Limited is L27100MH2004PLC146283 and the company number is 146283 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Facor Steels Limited is https://www.facorsteel.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Facor Steels Limited has fallen by -93.79%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Facor Steels Limited has experienced an downturn of -43.99%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Facor Steels Limited amount to ₹ 154.25 Cr.

  • The most recent Balance Sheet for Facor Steels Limited was filed with the ROC on 31 Mar 2015.

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