Ferro Scrap Nigam Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 32.00 Cr
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.65 Cr
- Satisfied Charges ₹ 11.00 Cr
- Revenue Growth 13.82%
- Profit Growth 77.43%
- Ebitda 66.51%
- Net Worth -6.46%
- Total Assets 0.21%
About Ferro Scrap Nigam
Ferro Scrap Nigam Limited (FSNL) is a leading Private Limited Union Government Company incorporated in India on 12 September 1989 and has a history of 35 years and six months. Its registered office is in Durg, Chattisgarh, 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 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 32.00 Cr.
The company currently has active open charges totaling ₹3.65 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ferro Scrap Nigam Limited India are Sumit Roy SERVING AS THE CHIEF FINANCIAL OFFICER (CFO) and Ashok Mishra as Company Secretary. Arun Kailoo, Bhanu Kumar, Surinder Gupta, and One other member serve as directors at the Company.
Company Details
- Location
Durg, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27102CT1989GOI005468
- Company No.
005468
- Company Classification
Private Limited Union Government Company
- Incorporation Date
12 Sep 1989
- Date of AGM
05 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc-Chhattisgarh
Industry
Metal & Minerals
Who are the key members and board of directors at Ferro Scrap Nigam?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surinder Gupta  | Managing Director | 31-Jan-2020 | Current |
| Sumit Roy | CFO(Kmp) | 18-May-2023 | Current |
| Ashok Mishra | Company Secretary | 24-Jan-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Kailoo | Director | 18-May-2016 | Current |
| Bhanu Kumar | Nominee Director | 01-Dec-2018 | Current |
| Adya Pandey | Director | 18-Apr-2022 | Current |
Financial Performance of Ferro Scrap Nigam.
Ferro Scrap Nigam Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.82% increase. The company also saw a substantial improvement in profitability, with a 77.43% increase in profit. The company's net worth dipped by a decrease of 6.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ferro Scrap Nigam?
In 2021, Ferro Scrap Nigam 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)
Rites LimitedAshok Mishra is a mutual person
Mstc LimitedBhanu Kumar is a mutual person
Charges (Loans)
Open Charges
₹3.65 Cr
Satisfied Charges
₹11.00 Cr
Charges Breakdown by Lending Institutions
- Steel Authority Of India Ltd. : 3.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 1990 | Steel Authority Of India Ltd. | ₹3.65 Cr | Open |
| 22 Apr 1999 | Bank Of Baroda | ₹4.00 Cr | Satisfied |
| 22 Apr 1999 | Bank Of Baroda | ₹1.00 Cr | Satisfied |
| 29 Sep 1995 | Bank Of India | ₹6.00 Cr | Satisfied |
How Many Employees Work at Ferro Scrap Nigam?
Ferro Scrap Nigam has a workforce of 459 employees as of Mar 23, 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 Ferro Scrap Nigam, 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 Ferro Scrap Nigam'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 Ferro Scrap Nigam
Recent activity within the organization
- Annual General Meeting
Ferro Scrap Nigam Limited last Annual general meeting of members was held on 05 Sep 2023 as per latest MCA records.
- Director Appointment
Sumit Kumar Roy was appointed as a Cfo(Kmp) was appointed as a Cfo(Kmp) on 18 May 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
Ferro Scrap Nigam Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Chhattisgarh.
- Director Appointment
Adya Prasad Pandey was appointed as a Director was appointed as a Director on 18 Apr 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Surinder Kumar Gupta was appointed as a Managing Director was appointed as a Managing Director on 31 Jan 2020 & has been associated with this company since 5 years 1 month .
- Charges
A charge registered on 22 Apr 1999 via Charge ID 80025305 with Bank Of Baroda was fully satisfied on 29 Nov 2019.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ferro Scrap Nigam Limited?
Ferro Scrap Nigam Limited was incorporated on 12 Sep 1989.
What is authorized share capital and paid-up capital of Ferro Scrap Nigam Limited?
The authorized share capital of Ferro Scrap Nigam Limited is ₹ 50.00 Cr and paid-up capital is ₹ 32.00 Cr.
Who are the current board members & directors of Ferro Scrap Nigam Limited?
Currently 6 directors are associated with Ferro Scrap Nigam Limited.
- Arun Kumar Kailoo
- Bhanu Kumar
- Surinder Kumar Gupta
- Adya Prasad Pandey
- Sumit Kumar Roy
- Ashok Mishra
What is the registered address of Ferro Scrap Nigam Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ferro Scrap Nigam Limited is Fsnl Bhawan Equipment Chowk, Central Avenue Bhilai, Dist.Durg, Chattisgarh, India, 490001.
What is the corporate identification number (CIN) and company number of Ferro Scrap Nigam Limited?
The corporate identification number (CIN) of Ferro Scrap Nigam Limited is U27102CT1989GOI005468 and the company number is 005468 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ferro Scrap Nigam Limited?
The Official website of Ferro Scrap Nigam Limited is https://www.fsnl.co.in
What has been the recent revenue trend for Ferro Scrap Nigam Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ferro Scrap Nigam Limited has risen by 13.82%.
How many employees does Ferro Scrap Nigam Limited currently have?
As Per 2022 financial reports, 459 employees are currently employed by Ferro Scrap Nigam Limited.
What change has been observed in the net worth of Ferro Scrap Nigam Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ferro Scrap Nigam Limited has experienced an downturn of -6.46%.
What are the total open charges for Ferro Scrap Nigam Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ferro Scrap Nigam Limited amount to ₹ 3.65 Cr.
When was the last Balance Sheet of Ferro Scrap Nigam Limited filed with the ROC?
The most recent Balance Sheet for Ferro Scrap Nigam Limited was filed with the ROC on 31 Mar 2023.
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