Ferro Scrap Nigam Limited

Indian company recovers scrap for steel plants through manual and mechanized processes, serving top customers.

1989 | Durg, Chattisgarh (India) | Active
Last Updated: November 28, 2023

Ferro Scrap Nigam Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 32.00 Cr
  • Company Age 35 Year, 5 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 five 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

    fsnl.co.in

  • 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)

NameDesignationAppointment DateStatus
Surinder Gupta Country flag representing In Managing Director31-Jan-2020Current
Sumit Roy CFO(Kmp)18-May-2023Current
Ashok Mishra Country flag representing In Company Secretary24-Jan-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Arun Kailoo Country flag representing In Director 18-May-2016Current
Bhanu Kumar Country flag representing In Nominee Director 01-Dec-2018Current
Adya Pandey Country flag representing In Director 18-Apr-2022Current

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%.

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
13.82%
Revenue from Operations
14.97%
Total Assets
0.21%
Profit or Loss
77.43%
Net Worth
-6.46%
EBITDA
66.51%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
13 Mar 1990Steel Authority Of India Ltd.₹3.65 CrOpen
22 Apr 1999Bank Of Baroda₹4.00 CrSatisfied
22 Apr 1999Bank Of Baroda₹1.00 CrSatisfied
29 Sep 1995Bank Of India₹6.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    05 Sep 2023

  • 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 9 months .

    18 May 2023

  • Balance Sheet

    Ferro Scrap Nigam Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Chhattisgarh.

    31 Mar 2023

  • 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 10 months .

    18 Apr 2022

  • 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 22 days .

    31 Jan 2020

  • Charges

    A charge registered on 22 Apr 1999 via Charge ID 80025305 with Bank Of Baroda was fully satisfied on 29 Nov 2019.

    29 Nov 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Ferro Scrap Nigam Limited was incorporated on 12 Sep 1989.

  • The authorized share capital of Ferro Scrap Nigam Limited is ₹ 50.00 Cr and paid-up capital is ₹ 32.00 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Ferro Scrap Nigam Limited is https://www.fsnl.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ferro Scrap Nigam Limited has risen by 13.82%.

  • As Per 2022 financial reports, 459 employees are currently employed by Ferro Scrap Nigam Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ferro Scrap Nigam Limited amount to ₹ 3.65 Cr.

  • The most recent Balance Sheet for Ferro Scrap Nigam Limited was filed with the ROC on 31 Mar 2023.

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