Ferrite Metal Solutions Private Limited

Designs and manufactures ARC welding electrodes for various industries under the brand 'Felix'.

2008 | Delhi (India) | Active
Last Updated: November 16, 2024

Ferrite Metal Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.54 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.87 Cr
  • Revenue Growth 24.43%
  • Profit Growth 56.67%
  • Ebitda 42.40%
  • Net Worth 30.02%
  • Total Assets 15.92%

About Ferrite Metal Solutions

Ferrite Metal Solutions Private Limited (FMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 2008 and has a history of 16 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 3.54 M.

The company currently has active open charges totaling ₹3.87 Cr.

Vinay Khurana, Taniya Khurana, and Sharnagat Ghai serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ferrsol.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100DL2008PTC175865

  • Company No.

    175865

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Ferrite Metal Solutions Private Limited offer?

Ferrite Metal Solutions Private Limited offers a wide range of products and services, including Welding, Rods, Electrodes & Wires, Welding Electrodes, Metal & Metal Made Products, Metal Rods.

Who are the key members and board of directors at Ferrite Metal Solutions?

Board Members (3)

Name Designation Appointment Date Status
Vinay Khurana Country flag representing In Director 25-Mar-2008 Current
Taniya Khurana Country flag representing In Director 25-Mar-2008 Current
Sharnagat Ghai Country flag representing In Director 30-May-2023 Current

Financial Performance of Ferrite Metal Solutions.

Ferrite Metal Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.43% increase. The company also saw a substantial improvement in profitability, with a 56.67% increase in profit. The company's net worth Soared by an impressive increase of 30.02%.

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
24.43%
Revenue from Operations
24.45%
Total Assets
15.92%
Profit or Loss
56.67%
Net Worth
30.02%
EBITDA
42.40%

What is the Ownership and Shareholding Structure of Ferrite Metal Solutions?

In 2023, Ferrite Metal Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.69 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.45 Cr
  • Hdfc Bank Limited : 0.42 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2023 Hdfc Bank Limited ₹0.60 M Open
28 Jul 2023 Others ₹2.80 Cr Open
19 Jul 2023 Hdfc Bank Limited ₹1.21 M Open
19 Oct 2022 Others ₹0.70 M Open
18 Oct 2022 Hdfc Bank Limited ₹0.50 M Open

How Many Employees Work at Ferrite Metal Solutions?

Ferrite Metal Solutions has a workforce of 55 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ferrite Metal Solutions, 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 Ferrite Metal Solutions'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 Ferrite Metal Solutions

Recent activity within the organization

  • Annual General Meeting

    Ferrite Metal Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 M with Charge ID 100762376 was registered on 29 Jul 2023.

    29 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 28.00 M with Charge ID 100754344 was registered on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.21 M with Charge ID 100780422 was registered on 19 Jul 2023.

    19 Jul 2023

  • Director Appointment

    Sharnagat Ghai was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 1 year 8 months .

    30 May 2023

  • Balance Sheet

    Ferrite Metal Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Ferrite Metal Solutions Private Limited was incorporated on 25 Mar 2008.

  • The authorized share capital of Ferrite Metal Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.54 M.

  • Currently 3 directors are associated with Ferrite Metal Solutions Private Limited.

    • Vinay Khurana
    • Taniya Khurana
    • Sharnagat Ghai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ferrite Metal Solutions Private Limited is H-33C, West Patel Nagar India, New Delhi, 110008.

  • The corporate identification number (CIN) of Ferrite Metal Solutions Private Limited is U27100DL2008PTC175865 and the company number is 175865 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ferrite Metal Solutions Private Limited is https://www.ferrsol.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ferrite Metal Solutions Private Limited has risen by 24.43%.

  • As Per 2023 financial reports, 55 employees are currently employed by Ferrite Metal Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ferrite Metal Solutions Private Limited has experienced an upsurge of 30.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ferrite Metal Solutions Private Limited amount to ₹ 3.87 Cr.

  • The most recent Balance Sheet for Ferrite Metal Solutions Private Limited was filed with the ROC on 31 Mar 2023.