Gagan Ferrotech Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 26.75 Cr
- Company Age 31 Year, 11 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 11 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
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51109WB1993PLC058238
- Company No.
058238
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Mar 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
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.
Gagan Ferrotech Limited
Explore comprehensive data for Gagan Ferrotech Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Kailash Megotia | Director | 23-Mar-2015 | Current |
| Suman Agarwal | Director | 27-Oct-2008 | Current |
| Maloy Chandra | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Charges (Loans)
Open Charges
₹858.75 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Gagan Ferrotech
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100877522 was registered on 13 Feb 2024.
- Annual General Meeting
Gagan Ferrotech Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 11 Jan 2019 via Charge ID 100235570 with Others was fully satisfied on 20 Jun 2023.
- Charges
A charge with Others of Rs. 343.75 Cr registered on 24 Sep 2012 with Charge ID 10381656 was modified on 26 May 2023.
- Balance Sheet
Gagan Ferrotech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Others of Rs. 455.00 Cr registered on 07 Jul 2022 with Charge ID 100598600 was modified on 18 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Gagan Ferrotech Limited?
Gagan Ferrotech Limited was incorporated on 24 Mar 1993.
What is authorized share capital and paid-up capital of Gagan Ferrotech Limited?
The authorized share capital of Gagan Ferrotech Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.75 Cr.
Who are the current board members & directors of Gagan Ferrotech Limited?
Currently 7 directors are associated with Gagan Ferrotech Limited.
- Vinay Kumar Agarwal
- Nawal Kumar Sanghai
- Kailash Kumar Megotia
- Suman Agarwal
- Maloy Kumar Chandra
- Prashant Kumar Verma
- Sagar Bag
What is the registered address of Gagan Ferrotech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gagan Ferrotech Limited is 113/1B C.R.Avenue 7C, 7Th Floor India, Kolkata, West Bengal, 700073.
What is the corporate identification number (CIN) and company number of Gagan Ferrotech Limited?
The corporate identification number (CIN) of Gagan Ferrotech Limited is U51109WB1993PLC058238 and the company number is 058238 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gagan Ferrotech Limited?
The Official website of Gagan Ferrotech Limited is https://www.gagangroup.com
What has been the recent revenue trend for Gagan Ferrotech Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gagan Ferrotech Limited has risen by 7.01%.
How many employees does Gagan Ferrotech Limited currently have?
As Per 2023 financial reports, 765 employees are currently employed by Gagan Ferrotech Limited.
What change has been observed in the net worth of Gagan Ferrotech Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gagan Ferrotech Limited has experienced an upsurge of 7.36%.
What are the total open charges for Gagan Ferrotech Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gagan Ferrotech Limited amount to ₹ 858.75 Cr.
When was the last Balance Sheet of Gagan Ferrotech Limited filed with the ROC?
The most recent Balance Sheet for Gagan Ferrotech Limited was filed with the ROC on 31 Mar 2023.
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