Friends Concast Limited

Manufactures mild steel ingots from scrap, incorporated in 2010 with registered office in Ahmedabad.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Friends Concast Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.40 Cr
  • Revenue Growth 25.88%
  • Profit Growth -43.78%
  • Ebitda -36.54%
  • Net Worth 8.64%
  • Total Assets 24.70%

About Friends Concast

Friends Concast Limited (FCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 2010 and has a history of 15 years and three months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹4.40 Cr.

Deepti Agarwal, Salil Riswadkar, and Binit Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27205GJ2010PLC108192

  • Company No.

    108192

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Friends Concast Limited offer?

Friends Concast Limited offers a wide range of products and services, including Metal and Alloy Wires, Metal Wire.

Company report

Friends Concast Limited

Explore comprehensive data for Friends Concast Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

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

Financial Performance 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%.

Friends Concast revenue growth over time
Friends Concast 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
25.88%
Revenue from Operations
25.88%
Total Assets
24.70%
Profit or Loss
-43.78%
Net Worth
8.64%
EBITDA
-36.54%

What is the Ownership and Shareholding Structure of Friends Concast?

In 2023, Friends Concast 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

₹4.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.40 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2013Canara Bank₹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 growth trends for Friends Concast Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friends Concast, 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 Friends Concast'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 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.

  • Balance Sheet

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

  • 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.

  • 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 11 months .

  • 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 9 months .

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Friends Concast Limited?

    Friends Concast Limited was incorporated on 16 Feb 2010.

  • What is authorized share capital and paid-up capital of Friends Concast Limited?

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

  • Who are the current board members & directors of Friends Concast Limited?

    Currently 3 directors are associated with Friends Concast Limited.

    • Deepti Agarwal
    • Salil Vishvas Riswadkar
    • Binit Jagdishbhai Shah

  • What is the registered address of Friends Concast Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Friends Concast Limited?

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

  • What is the official website of Friends Concast Limited?

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

  • What has been the recent revenue trend for Friends Concast Limited?

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

  • How many employees does Friends Concast Limited currently have?

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

  • What change has been observed in the net worth of Friends Concast Limited, and by what percentage?

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

  • What are the total open charges for Friends Concast Limited?

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

  • When was the last Balance Sheet of Friends Concast Limited filed with the ROC?

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

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