Met Rolla Iron And Strips Company Limited

Produces mild steel ingots in Puducherry, managed by Mr. Paul Varghese.

1998 | Ernakulam, Kerala (India) | Active
Last Updated: July 17, 2024

Met Rolla Iron And Strips Company Profile

Key Indicators

  • Authorised Capital ₹ 9.90 M
  • Paid Up Capital ₹ 9.40 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.51 Cr
  • Satisfied Charges ₹ 1.33 Cr
  • Revenue Growth -48.33%
  • Profit Growth -267.25%
  • Ebitda -243.93%
  • Net Worth -18.87%
  • Total Assets -14.60%

About Met Rolla Iron And Strips Company

Met Rolla Iron And Strips Company Limited (MRIASCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 August 1998 and has a history of 26 years and six months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Met Rolla Iron And Strips Company 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 9.90 M and a paid-up capital of Rs 9.40 M.

The company currently has active open charges totaling ₹7.51 Cr. The company has closed loans amounting to ₹1.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paul Varghese, Varghese Kurian, Jismon Issac, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104KL1998PLC012417

  • Company No.

    012417

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Met Rolla Iron And Strips Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Paul Varghese Country flag representing In Managing Director21-Aug-1999Current

Board Members (4)

NameDesignationAppointment DateStatus
Jismon Issac Country flag representing In Director 16-Dec-2003Current
Varghese Kurian Country flag representing In Director 16-Dec-2003Current
Boany Paul Country flag representing In Director 21-Aug-1999Current
Minnie Paul Country flag representing In Director 27-Sep-2001Current

Financial Performance of Met Rolla Iron And Strips Company.

Met Rolla Iron And Strips Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.33% decrease. The company also saw a substantial fall in profitability, with a 267.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.87%.

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
-48.33%
Revenue from Operations
-48.42%
Total Assets
-14.60%
Profit or Loss
-267.25%
Net Worth
-18.87%
EBITDA
-243.93%

What is the Ownership and Shareholding Structure of Met Rolla Iron And Strips Company?

In 2023, Met Rolla Iron And Strips Company had a promoter holding of 34.73% and a public holding of 65.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.10 M

Satisfied Charges

₹13.30 M

Charges Breakdown by Lending Institutions

  • Others : 7.00 Cr
  • The Federal Bank Limited : 0.50 Cr
  • Pondichery Industrial Promotion Development & Inv. Co. Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2003Others₹7.00 CrOpen
28 Mar 2000The Federal Bank Limited₹5.00 MOpen
21 Mar 2000Pondichery Industrial Promotion Development & Inv. Co. Ltd.₹0.10 MOpen
18 Dec 2007Industrial Development Bank Of India₹1.33 CrSatisfied

How Many Employees Work at Met Rolla Iron And Strips Company?

Unlock and access historical data on people associated with Met Rolla Iron And Strips Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Met Rolla Iron And Strips Company, 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 Met Rolla Iron And Strips Company'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 Met Rolla Iron And Strips Company

Recent activity within the organization

  • Annual General Meeting

    Met Rolla Iron And Strips Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Met Rolla Iron And Strips Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 18 Dec 2007 via Charge ID 10087457 with Industrial Development Bank Of India was fully satisfied on 02 Mar 2019.

    02 Mar 2019

  • Charges

    A charge with Others of Rs. 70.00 M registered on 28 Mar 2003 with Charge ID 90019114 was modified on 27 Jun 2018.

    27 Jun 2018

  • Charges

    A charge with Industrial Development Bank Of India amounted to Rs. 13.30 M with Charge ID 10087457 was registered on 18 Dec 2007.

    18 Dec 2007

  • Charges

    A charge with The Federal Bank Limited of Rs. 5.00 M registered on 28 Mar 2000 with Charge ID 90017772 was modified on 10 Mar 2006.

    10 Mar 2006

Frequently asked questions

  • Met Rolla Iron And Strips Company Limited was incorporated on 03 Aug 1998.

  • The authorized share capital of Met Rolla Iron And Strips Company Limited is ₹ 9.90 M and paid-up capital is ₹ 9.40 M.

  • Currently 5 directors are associated with Met Rolla Iron And Strips Company Limited.

    • Paul Varghese
    • Varghese Kurian
    • Jismon Issac
    • Boany Paul
    • Minnie Paul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Met Rolla Iron And Strips Company Limited is No 1/685 Paipra Thrikkalathoor P O Muvattupuzha, Ernakulam, Kerala, India, 683557.

  • The corporate identification number (CIN) of Met Rolla Iron And Strips Company Limited is U27104KL1998PLC012417 and the company number is 012417 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Met Rolla Iron And Strips Company Limited has fallen by -48.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Met Rolla Iron And Strips Company Limited has experienced an downturn of -18.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Met Rolla Iron And Strips Company Limited amount to ₹ 7.51 Cr.

  • The most recent Balance Sheet for Met Rolla Iron And Strips Company Limited was filed with the ROC on 31 Mar 2023.