Ferrite Structural Steels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 10 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.47 Cr
- Satisfied Charges ₹ 19.10 Cr
- Revenue Growth 33.30%
- Profit Growth 50.55%
- Ebitda 27.29%
- Net Worth 31.56%
- Total Assets 47.63%
About Ferrite Structural Steels
Ferrite Structural Steels Private Limited (FSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 2014 and has a history of Ten years and three months. Its registered office is in Mumbai, Maharashtra, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹50.47 Cr. The company has closed loans amounting to ₹19.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Poonam Parekh and Rasesh Parekh serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27200MH2014PTC259228
- Company No.
259228
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Nov 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Ferrite Structural Steels Private Limited offer?
Ferrite Structural Steels Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Steel Pipes and Tubes, Hollow Sections, Metal & Metal Made Products, Metal Sheets, Steel Bars, Rods, Plates & Sheets, Steel Bars, Steel Sheets, Mild Steel Bars.
Who are the key members and board of directors at Ferrite Structural Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rasesh Parekh  | Managing Director | 11-Nov-2014 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Poonam Parekh | Director | 11-Nov-2014 | Current |
Financial Performance of Ferrite Structural Steels.
Ferrite Structural Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.3% increase. The company also saw a substantial improvement in profitability, with a 50.55% increase in profit. The company's net worth Soared by an impressive increase of 31.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ferrite Structural Steels?
In 2023, Ferrite Structural Steels had a promoter holding of 80.37% and a public holding of 19.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹50.47 Cr
₹19.10 Cr
Charges Breakdown by Lending Institutions
- Others : 22.59 Cr
- Standard Chartered Bank : 18.04 Cr
- Yes Bank Limited : 9.84 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2022 | Others | ₹1.99 Cr | Open |
| 28 Oct 2020 | Standard Chartered Bank | ₹2.97 Cr | Open |
| 17 Oct 2019 | Standard Chartered Bank | ₹1.10 Cr | Open |
| 17 Oct 2019 | Standard Chartered Bank | ₹13.97 Cr | Open |
| 16 Oct 2018 | Others | ₹14.00 Cr | Open |
How Many Employees Work at Ferrite Structural Steels?
Ferrite Structural Steels has a workforce of 18 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ferrite Structural 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 Ferrite Structural 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.
