Ferromax Alloys Private Limited

Founded in 2018 and headquartered in Gujarat, India.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Ferromax Alloys Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.01 M
  • Revenue Growth -87.20%
  • Profit Growth -20.73%
  • Ebitda 86.35%
  • Net Worth 63.12%
  • Total Assets -17.62%

About Ferromax Alloys

Ferromax Alloys Private Limited (FAPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 2018 (Six years and ten months 29 days old ). Its registered office is in Ahmedabad, Gujarat, 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 0.40 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹2.01 M.

Manjula Patel, Mahendra Patel, Sonal Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ2018PTC101257

  • Company No.

    101257

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Ferromax Alloys?

Board Members (4)

Name Designation Appointment Date Status
Manjula Patel Country flag representing In Director 01-Jul-2023 Current
Mahendra Patel Country flag representing In Director 01-Jul-2023 Current
Sonal Shah Country flag representing In Director 01-Jul-2023 Current
Harshadbhai Patel Country flag representing In Director 14-Mar-2018 Current

Financial Performance of Ferromax Alloys.

Ferromax Alloys Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 87.2% decrease. The company also saw a substantial fall in profitability, with a 20.73% decrease in profit. The company's net worth Soared by an impressive increase of 63.12%.

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
-87.20%
Revenue from Operations
-87.02%
Total Assets
-17.62%
Profit or Loss
-20.73%
Net Worth
63.12%
EBITDA
86.35%

What is the Ownership and Shareholding Structure of Ferromax Alloys?

In 2023, Ferromax Alloys 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

₹2.01 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
11 Aug 2023 Hdfc Bank Limited ₹2.01 M Open

How Many Employees Work at Ferromax Alloys?

Unlock and access historical data on people associated with Ferromax Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ferromax Alloys, 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 Ferromax Alloys'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 Ferromax Alloys

Recent activity within the organization

  • Annual General Meeting

    Ferromax Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ferromax Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.01 M with Charge ID 100765423 was registered on 11 Aug 2023.

    11 Aug 2023

  • Director Appointment

    Manjula Mahendra Patel was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

  • Director Appointment

    Mahendra Ambalal Patel was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

  • Director Appointment

    Sonal Jayprakash Shah was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

Frequently asked questions

  • Ferromax Alloys Private Limited was incorporated on 14 Mar 2018.

  • The authorized share capital of Ferromax Alloys Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.40 M.

  • Currently 4 directors are associated with Ferromax Alloys Private Limited.

    • Manjula Mahendra Patel
    • Mahendra Ambalal Patel
    • Sonal Jayprakash Shah
    • Harshadbhai Dalpatram Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ferromax Alloys Private Limited is B/24 Akshardham Ind. Estate Nr Panchratna Ramol O/B Gidc India, Pahse-4 Vatva Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Ferromax Alloys Private Limited is U51909GJ2018PTC101257 and the company number is 101257 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ferromax Alloys Private Limited is https://www.ferromaxalloys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ferromax Alloys Private Limited has fallen by -87.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ferromax Alloys Private Limited has experienced an upsurge of 63.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ferromax Alloys Private Limited amount to ₹ 2.01 M.

  • The most recent Balance Sheet for Ferromax Alloys Private Limited was filed with the ROC on 31 Mar 2024.

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