Gagan Ferrotech Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 26.75 Cr
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 858.75 Cr
- Satisfied Charges ₹ 764.83 Cr
- Revenue Growth 7.01%
- Profit Growth -20.53%
- Ebitda -19.48%
- Net Worth 7.36%
- Total Assets -7.93%
About Gagan Ferrotech
Gagan Ferrotech Limited (GFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 March 1993 and has a history of 31 years and ten months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Gagan Ferrotech 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 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 26.75 Cr.
The company currently has active open charges totaling ₹858.75 Cr. The company has closed loans amounting to ₹764.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gagan Ferrotech Limited India are Prashant Verma as COMPANY SECRETARY and Sagar Bag as Cfo. Vinay Agarwal, Nawal Sanghai, Kailash Megotia, and Two other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51109WB1993PLC058238
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Company No.
058238
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 Mar 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Gagan Ferrotech Limited offer?
Gagan Ferrotech Limited offers a wide range of products and services, including TMT Bars, SS TMT Bar, Mild Steel Products, MS Billets, Metal Alloys, Manganese Alloys.
Who are the key members and board of directors at Gagan Ferrotech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Agarwal
|
Managing Director | 23-Mar-2007 | Current |
| Prashant Verma | Company Secretary | 11-Apr-2016 | Current |
| Sagar Bag | CFO | 30-Mar-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Nawal Sanghai
|
Director | 31-Mar-2010 | Current |
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Kailash Megotia
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Director | 23-Mar-2015 | Current |
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Suman Agarwal
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Director | 27-Oct-2008 | Current |
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Maloy Chandra
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Director | 30-Mar-2019 | Current |
Financial Performance of Gagan Ferrotech.
Gagan Ferrotech Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.01% increase. The company also saw a substantial fall in profitability, with a 20.53% decrease in profit. The company's net worth moved up by a moderate rise of 7.36%.
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What is the Ownership and Shareholding Structure of Gagan Ferrotech?
In 2023, Gagan Ferrotech had a promoter holding of 51.66% and a public holding of 48.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Gurukripa Barter LlpVinay Agarwal and Suman Agarwal are mutual person
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Gajanan Securities Services Ltd
Vinay Agarwal, Suman Agarwal and 1 more are mutual person
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Navshakti Fuels (India) Private Limited
Vinay Agarwal is a mutual person
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Saharsh Agro Private Limited
Vinay Agarwal is a mutual person
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Ownstyle Agro Private Limited
Vinay Agarwal is a mutual person
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Dreamvalley Agrotech Private Limited
Vinay Agarwal and Suman Agarwal are mutual person
Charges (Loans)
₹858.75 Cr
₹764.83 Cr
Charges Breakdown by Lending Institutions
- Others : 858.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | Others | ₹60.00 Cr | Open |
| 07 Jul 2022 | Others | ₹455.00 Cr | Open |
| 24 Sep 2012 | Others | ₹343.75 Cr | Open |
| 07 Jun 2021 | Yes Bank Limited | ₹40.00 Cr | Satisfied |
| 29 Nov 2019 | Others | ₹47.25 Cr | Satisfied |
How Many Employees Work at Gagan Ferrotech?
Gagan Ferrotech has a workforce of 765 employees as of Mar 27, 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 Gagan Ferrotech, 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 Gagan Ferrotech'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.
