Ferromax Foundries India Private Limited

Iron and steel foundry and engineering works company based in Coimbatore, Tamil Nadu.

2010 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Ferromax Foundries India Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.06 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.45 Cr
  • Satisfied Charges ₹ 6.60 Cr
  • Revenue Growth 14.45%
  • Profit Growth -16.68%
  • Ebitda 18.33%
  • Net Worth 9.67%
  • Total Assets -2.24%

About Ferromax Foundries India

Ferromax Foundries India Private Limited (FFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2010 and has a history of 14 years and five months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Calmet Industries Private Limited. The Company is engaged in the Manufacturing 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 11.00 Cr and a paid-up capital of Rs 10.06 Cr.

The company currently has active open charges totaling ₹18.45 Cr. The company has closed loans amounting to ₹6.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satheeshkumar and Kousalya Kumar serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ferromax.net.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300TZ2010PTC016319

  • Company No.

    016319

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Satheeshkumar Country flag representing In Director 01-Dec-2014 Current
Kousalya Kumar Country flag representing In Director 29-Jun-2015 Current

Financial Performance of Ferromax Foundries India.

Ferromax Foundries India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.45% increase. The company also saw a substantial fall in profitability, with a 16.68% decrease in profit. The company's net worth moved up by a moderate rise of 9.67%.

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
14.45%
Revenue from Operations
14.44%
Total Assets
-2.24%
Profit or Loss
-16.68%
Net Worth
9.67%
EBITDA
18.33%

What is the Ownership and Shareholding Structure of Ferromax Foundries India?

In 2023, Ferromax Foundries India 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

₹18.45 Cr

Satisfied Charges

₹6.60 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 18.37 Cr
  • Others : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2024 Axis Bank Limited ₹7.00 M Open
02 May 2024 Axis Bank Limited ₹3.95 Cr Open
27 Sep 2017 Axis Bank Limited ₹13.72 Cr Open
25 Apr 2016 Others ₹0.82 M Open
31 Mar 2017 City Union Bank Limited ₹2.50 Cr Satisfied

How Many Employees Work at Ferromax Foundries India?

Ferromax Foundries India has a workforce of 12 employees as of Mar 29, 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 Ferromax Foundries India, 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 Foundries India'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 Foundries India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100934798 was registered on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.95 Cr with Charge ID 100938490 was registered on 02 May 2024.

    02 May 2024

  • Annual General Meeting

    Ferromax Foundries India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ferromax Foundries India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 13.72 Cr registered on 27 Sep 2017 with Charge ID 100136114 was modified on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge registered on 09 Mar 2011 via Charge ID 10285701 with Indian Bank was fully satisfied on 14 Nov 2017.

    14 Nov 2017

Frequently asked questions

  • Ferromax Foundries India Private Limited was incorporated on 25 Aug 2010.

  • The authorized share capital of Ferromax Foundries India Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.06 Cr.

  • Currently 2 directors are associated with Ferromax Foundries India Private Limited.

    • Satheeshkumar
    • Kousalya Sathish Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ferromax Foundries India Private Limited is 95/A1 Cosmofan Foundry Cluster Park Arasur, India, Coimbatore, Tamil Nadu, 641407.

  • The corporate identification number (CIN) of Ferromax Foundries India Private Limited is U34300TZ2010PTC016319 and the company number is 016319 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ferromax Foundries India Private Limited is https://www.ferromax.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ferromax Foundries India Private Limited has risen by 14.45%.

  • As Per 2023 financial reports, 12 employees are currently employed by Ferromax Foundries India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ferromax Foundries India Private Limited has experienced an upsurge of 9.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ferromax Foundries India Private Limited amount to ₹ 18.45 Cr.

  • The most recent Balance Sheet for Ferromax Foundries India Private Limited was filed with the ROC on 31 Mar 2023.

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