Ferromet Steels Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
as on 03-01-2025
- Paid Up Capital ₹ 3.15 Cr
as on 03-01-2025
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 100.43 Cr
as on 03-01-2025
- Revenue %
(FY 2022)
- Profit 48.05%
(FY 2022)
- Ebitda 62.84%
(FY 2022)
- Net Worth -1.70%
(FY 2022)
- Total Assets 13.12%
(FY 2022)
About Ferromet Steels
The Corporate was formerly known as Ferromet Steels And Recycling Private Limited. 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 3.25 Cr and a paid-up capital of Rs 3.15 Cr.
The company has closed loans amounting to ₹100.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rajmohan Mahalakshmi and Krishna Jha serve as directors at the Company.
- CIN/LLPIN
U52599TN1995PTC030091
- Company No.
030091
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Feb 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ferromet Steels?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajmohan Mahalakshmi  | Director | 02-May-2024 | Current |
| Krishna Jha | Director | 10-Dec-2020 | Current |
Financial Performance of Ferromet Steels.
Ferromet Steels Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 48.05% increase in profit. The company's net worth dipped by a decrease of 1.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ferromet Steels?
In 2022, Ferromet Steels had a promoter holding of 76.21% and a public holding of 23.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Punjab National Bank Creation Date: 30 Sep 2014 | ₹33.80 Cr | Satisfied |
Punjab National Bank Creation Date: 23 May 2014 | ₹3.00 Cr | Satisfied |
Punjab National Bank Creation Date: 13 Jun 2011 | ₹21.72 Cr | Satisfied |
How Many Employees Work at Ferromet Steels?
Ferromet Steels has a workforce of 1 employees as of Apr 09, 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 Ferromet 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 Ferromet 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.
