Friends Concast Limited logo

Friends Concast Limited

Manufactures mild steel ingots from scrap, incorporated in 2010 with registered office in Ahmedabad.
2010 | Ahmedabad, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanyFriends Concast Limited

Who are the key members and board of directors at Friends Concast?

Board Members(3)

NameDesignationAppointment DateStatus
Deepti Agarwal In Director 20-May-2017Current
Salil Riswadkar In Director 16-Oct-2012Current
Binit Shah In Director 10-Aug-2015Current

Financial Performance and Corporate Structure Insights of Friends Concast.

Friends Concast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.88% increase. The company also saw a substantial fall in profitability, with a 43.78% decrease in profit. The company's net worth moved up by a moderate rise of 8.64%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.88%
Revenue from Operations
25.88%
Total Assets
24.70%
Profit or Loss
-43.78%
Net Worth
8.64%
EBITDA
-36.54%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹4.40 Cr

LenderAmountStatus

Canara Bank

Creation Date: 27 Jun 2013
₹4.40 CrOpen

How Many Employees Work at Friends Concast?

Friends Concast has a workforce of 6 employees as of Apr 07, 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.

Employee Graph

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Latest Updates, News, and FAQs on Friends Concast

Recent activity within the organization

  • Annual General Meeting

    Friends Concast Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Friends Concast Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 4.40 Cr registered on 27 Jun 2013 with Charge ID 10438228 was modified on 22 Nov 2019.

    22 Nov 2019

  • Director Appointment

    Deepti Agarwal was appointed as a Director was appointed as a Director on 20 May 2017 & has been associated with this company since 7 years 7 months .

    20 May 2017

  • Director Appointment

    Binit Jagdishbhai Shah was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 4 months .

    10 Aug 2015

  • Charges

    A charge with Canara Bank amounted to Rs. 4.40 Cr with Charge ID 10438228 was registered on 27 Jun 2013.

    27 Jun 2013

Frequently asked questions

  • Friends Concast Limited was incorporated on 16 Feb 2010.

  • The authorized share capital of Friends Concast Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.16 Cr.

  • Currently 3 directors are associated with Friends Concast Limited.

    • Deepti Agarwal
    • Salil Vishvas Riswadkar
    • Binit Jagdishbhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Friends Concast Limited is Survey No.-135 Behind Aashiana Rolling Mills Ltd Gidc Kerala, Taluka: Bavla India, Ahmedabad, Gujarat, 382220.

  • The corporate identification number (CIN) of Friends Concast Limited is U27205GJ2010PLC108192 and the company number is 108192 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Friends Concast Limited is https://www.friends-concast-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Friends Concast Limited has risen by 25.88%.

  • As Per 2023 financial reports, 6 employees are currently employed by Friends Concast Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Friends Concast Limited has experienced an upsurge of 8.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Friends Concast Limited amount to ₹ 4.40 Cr.

  • The most recent Balance Sheet for Friends Concast Limited was filed with the ROC on 31 Mar 2023.

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