Fortran Steel Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.25 Cr
as on 16-11-2024
- Company Age 33 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 107.33 Cr
as on 16-11-2024
- Satisfied Charges ₹ 84.15 Cr
as on 16-11-2024
- Revenue 51.29%
(FY 2023)
- Profit 247.29%
(FY 2023)
- Ebitda 62.54%
(FY 2023)
- Net Worth 12.89%
(FY 2023)
- Total Assets 41.90%
(FY 2023)
About Fortran Steel
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 3.00 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹107.33 Cr. The company has closed loans amounting to ₹84.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mulraj Chheda, Sunil Nair, Hemali Parekh, and One other member serve as directors at the Company.
- CIN/LLPIN
U27106MH1991PTC063422
- Company No.
063422
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Sep 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Fortran Steel Pvt Ltd offer?
Fortran Steel Pvt Ltd offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Plates, Beams, Purlins, Frames and Girders, Metal Beams, Metal and Alloy Wires, Welding Wires, Steel Bars, TMT Bars, Binding Wire, Roofing and False ceiling.
Who are the key members and board of directors at Fortran Steel?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatin Parekh  | Managing Director | 31-Mar-1994 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Nair | Director | 01-Nov-2013 | Current |
| Mulraj Chheda | Director | 01-Nov-2013 | Current |
| Hemali Parekh | Director | 18-Feb-2015 | Current |
Financial Performance of Fortran Steel.
Fortran Steel Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 51.29% increase. The company also saw a substantial improvement in profitability, with a 247.29% increase in profit. The company's net worth Soared by an impressive increase of 12.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortran Steel?
In 2023, Fortran Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹107.33 Cr
₹84.15 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 56.39 Cr
- Axis Bank Limited : 32.36 Cr
- State Bank Of India : 18.00 Cr
- Icici Bank Limited : 0.38 Cr
- Others : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Axis Bank Limited | ₹8.00 Cr | Open |
| 30 Dec 2022 | State Bank Of India | ₹18.00 Cr | Open |
| 26 Aug 2022 | Axis Bank Limited | ₹1.00 Cr | Open |
| 15 Nov 2021 | Icici Bank Limited | ₹3.80 M | Open |
| 24 Feb 2021 | Axis Bank Limited | ₹23.36 Cr | Open |
How Many Employees Work at Fortran Steel?
Fortran Steel has a workforce of 3 employees as of Apr 19, 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 Fortran Steel, 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 Fortran Steel'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.
