Ferrite Structural Steels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 10 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 56.14 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 five 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 2024. 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 ₹56.14 Cr. The company has closed loans amounting to ₹19.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rasesh Parekh and Poonam 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
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
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.
Ferrite Structural Steels Private Limited
Explore comprehensive data for Ferrite Structural Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹56.14 Cr
Satisfied Charges
₹19.10 Cr
Charges Breakdown by Lending Institutions
- Others : 22.59 Cr
- Standard Chartered Bank : 18.04 Cr
- Yes Bank Limited : 15.51 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.
Latest Updates, News, and FAQs on Ferrite Structural Steels
Recent activity within the organization
- Annual General Meeting
Ferrite Structural Steels Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Charges
A charge with Yes Bank Limited of Rs. 15.51 Cr registered on 13 Sep 2017 with Charge ID 100131708 was modified on 08 May 2024.
- Balance Sheet
Ferrite Structural Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Standard Chartered Bank of Rs. 13.97 Cr registered on 17 Oct 2019 with Charge ID 100297747 was modified on 25 Oct 2023.
- Charges
A charge with Standard Chartered Bank of Rs. 1.10 Cr registered on 17 Oct 2019 with Charge ID 100297746 was modified on 25 Jul 2023.
- Charges
A charge registered on 29 Mar 2023 via Charge ID 100699998 with Others was fully satisfied on 14 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Ferrite Structural Steels Private Limited?
Ferrite Structural Steels Private Limited was incorporated on 11 Nov 2014.
What is authorized share capital and paid-up capital of Ferrite Structural Steels Private Limited?
The authorized share capital of Ferrite Structural Steels Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Ferrite Structural Steels Private Limited?
Currently 2 directors are associated with Ferrite Structural Steels Private Limited.
- Rasesh Sharad Parekh
- Poonam Rasesh Parekh
What is the registered address of Ferrite Structural Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ferrite Structural Steels Private Limited is Office No. 803 8Th Floor Excel Plaza Bldg 7 B Wing 90 Feet Road Ghatkopar East, India, Mumbai, Maharashtra, 400075.
What is the corporate identification number (CIN) and company number of Ferrite Structural Steels Private Limited?
The corporate identification number (CIN) of Ferrite Structural Steels Private Limited is U27200MH2014PTC259228 and the company number is 259228 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ferrite Structural Steels Private Limited?
The Official website of Ferrite Structural Steels Private Limited is https://www.ferritesteel.in
What has been the recent revenue trend for Ferrite Structural Steels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ferrite Structural Steels Private Limited has risen by 33.30%.
How many employees does Ferrite Structural Steels Private Limited currently have?
As Per 2023 financial reports, 18 employees are currently employed by Ferrite Structural Steels Private Limited.
What change has been observed in the net worth of Ferrite Structural Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ferrite Structural Steels Private Limited has experienced an upsurge of 31.56%.
What are the total open charges for Ferrite Structural Steels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ferrite Structural Steels Private Limited amount to ₹ 56.14 Cr.
When was the last Balance Sheet of Ferrite Structural Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Ferrite Structural Steels Private Limited was filed with the ROC on 31 Mar 2024.
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