Fortran Steel Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 107.33 Cr
- Satisfied Charges ₹ 84.15 Cr
- Revenue Growth 51.29%
- Profit Growth 247.29%
- Ebitda 62.54%
- Net Worth 12.89%
- Total Assets 41.90%
About Fortran Steel
Fortran Steel Pvt Ltd (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1991 and has a history of 33 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Metals and Minerals
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.
Fortran Steel Pvt Ltd
Explore comprehensive data for Fortran Steel Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹107.33 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Fortran Steel
Recent activity within the organization
- Charges
A charge registered on 27 Nov 2020 via Charge ID 100403561 with Others was fully satisfied on 10 Oct 2024.
- Annual General Meeting
Fortran Steel Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Fortran Steel Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100911187 was registered on 21 Mar 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 24.64 Cr registered on 25 Jul 2012 with Charge ID 10366993 was modified on 14 Dec 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 25.24 Cr registered on 01 Aug 2011 with Charge ID 10306745 was modified on 07 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Fortran Steel Pvt Ltd?
Fortran Steel Pvt Ltd was incorporated on 30 Sep 1991.
What is authorized share capital and paid-up capital of Fortran Steel Pvt Ltd?
The authorized share capital of Fortran Steel Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Fortran Steel Pvt Ltd?
Currently 4 directors are associated with Fortran Steel Pvt Ltd.
- Mulraj Kalyanji Chheda
- Sunil Purushothaman Nair
- Hemali Jatin Parekh
- Jatin Gopaldas Parekh
What is the registered address of Fortran Steel Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortran Steel Pvt Ltd is Flat No A- 111 1St Floor Satyam Shopping Center M G Road, Ghatkopar (E) India, Mumbai, Maharashtra, 400077.
What is the corporate identification number (CIN) and company number of Fortran Steel Pvt Ltd?
The corporate identification number (CIN) of Fortran Steel Pvt Ltd is U27106MH1991PTC063422 and the company number is 063422 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fortran Steel Pvt Ltd?
The Official website of Fortran Steel Pvt Ltd is https://www.fortran.in
What has been the recent revenue trend for Fortran Steel Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortran Steel Pvt Ltd has risen by 51.29%.
How many employees does Fortran Steel Pvt Ltd currently have?
As Per 2023 financial reports, 3 employees are currently employed by Fortran Steel Pvt Ltd.
What change has been observed in the net worth of Fortran Steel Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortran Steel Pvt Ltd has experienced an upsurge of 12.89%.
What are the total open charges for Fortran Steel Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Fortran Steel Pvt Ltd amount to ₹ 107.33 Cr.
When was the last Balance Sheet of Fortran Steel Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Fortran Steel Pvt Ltd was filed with the ROC on 31 Mar 2024.
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