I Fab Steel Private Limited

Steel trading and construction material supplier with registered office in Chennai.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 18, 2025

I Fab Steel Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 46.64 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 380.05%
  • Profit Growth 336.41%
  • Ebitda 594.01%
  • Net Worth 273.47%
  • Total Assets 35.51%

About I Fab Steel

I Fab Steel Private Limited (IFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 2008 and has a history of 17 years. Its registered office is in Chennai, Tamil Nadu, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹46.64 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkataswaroop Reddy, Vinay Siddhareddy, and Jayabalan Balamurugan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    isteel.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100TN2008PTC066339

  • Company No.

    066339

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at I Fab Steel?

Board Members (3)

NameDesignationAppointment DateStatus
Venkataswaroop Reddy Country flag representing In Director 24-Sep-2018Current
Vinay Siddhareddy Country flag representing In Director 29-Aug-2022Current
Jayabalan Balamurugan Country flag representing In Director 05-Sep-2022Current

Financial Performance of I Fab Steel.

I Fab Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 380.05% increase. The company also saw a substantial improvement in profitability, with a 336.41% increase in profit. The company's net worth Soared by an impressive increase of 273.47%.

Graph illustrating revenue growth over time
Graph showing 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
380.05%
Revenue from Operations
445.30%
Total Assets
35.51%
Profit or Loss
336.41%
Net Worth
273.47%
EBITDA
594.01%

What is the Ownership and Shareholding Structure of I Fab Steel?

In 2023, I Fab 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹466.35 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Others : 46.64 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2023Others₹1.64 CrOpen
06 Jan 2023Others₹45.00 CrOpen
22 Mar 2019Others₹1.00 CrSatisfied

How Many Employees Work at I Fab Steel?

I Fab Steel has a workforce of 9 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of I Fab 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 I Fab Steel'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 I Fab Steel

Recent activity within the organization

  • Annual General Meeting

    I Fab Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 450.00 M registered on 06 Jan 2023 with Charge ID 100672129 was modified on 24 May 2023.

    24 May 2023

  • Balance Sheet

    I Fab Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 16.35 M with Charge ID 100672126 was registered on 06 Jan 2023.

    06 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 450.00 M with Charge ID 100672129 was registered on 06 Jan 2023.

    06 Jan 2023

  • Director Appointment

    Jayabalan Balamurugan was appointed as a Director was appointed as a Director on 05 Sep 2022 & has been associated with this company since 2 years 5 months .

    05 Sep 2022

Frequently asked questions

  • I Fab Steel Private Limited was incorporated on 06 Feb 2008.

  • The authorized share capital of I Fab Steel Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with I Fab Steel Private Limited.

    • Venkataswaroop Siddavarapu Reddy
    • Vinay Karthik Siddhareddy
    • Jayabalan Balamurugan
  • As per Ministry of Corporate Affairs (Mca), the registered address of I Fab Steel Private Limited is 13/02/6 Second Floor Mamatha Complex Old No: 13, New 25 Whites Road India, Chennai, Tamil Nadu, 600014.

  • The corporate identification number (CIN) of I Fab Steel Private Limited is U51100TN2008PTC066339 and the company number is 066339 as per Ministry of Corporate Affairs (MCA).

  • The Official website of I Fab Steel Private Limited is https://www.isteel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for I Fab Steel Private Limited has risen by 380.05%.

  • As Per 2023 financial reports, 9 employees are currently employed by I Fab Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of I Fab Steel Private Limited has experienced an upsurge of 273.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for I Fab Steel Private Limited amount to ₹ 46.64 Cr.

  • The most recent Balance Sheet for I Fab Steel Private Limited was filed with the ROC on 31 Mar 2023.

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