Safi Steel Traders Private Limited

Safi Steel Traders Private Limited

Wholesale and retail trading of iron and steel products for construction.
2021 | Tuticorin, Tamil Nadu (India) | Active

Last Updated:

November 01, 2024
HomeCompanySafi Steel Traders Private Limited

Who are the key members and board of directors at Safi Steel Traders?

Board Members(2)

NameDesignationAppointment DateStatus
Mohamedfayaz In Director 02-Nov-2021Current
Safi Farooq In Director 02-Nov-2021Current

Financial Performance of Safi Steel Traders.

Safi Steel Traders Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 235.96% increase. The company also saw a substantial improvement in profitability, with a 50.72% increase in profit. The company's net worth Soared by an impressive increase of 73.39%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
235.96%
Revenue from Operations
233.96%
Total Assets
18.18%
Profit or Loss
50.72%
Net Worth
73.39%
EBITDA
1.34%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹184.16 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 04 Apr 2024
₹0.60 MOpen

State Bank Of India

Creation Date: 14 Mar 2024
₹0.99 MOpen

Tamilnad Mercantile Bank Limited

Creation Date: 12 Feb 2024
₹5.00 CrOpen

How Many Employees Work at Safi Steel Traders?

Safi Steel Traders has a workforce of 834 employees as of Apr 01, 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.

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Rating

Alerts

Latest Updates, News, and FAQs on Safi Steel Traders

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 60.68 Cr registered on 15 Nov 2021 with Charge ID 100500582 was modified on 06 May 2024.

    06 May 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.06 Cr with Charge ID 100907683 was registered on 04 Apr 2024.

    04 Apr 2024

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 69.94 Cr registered on 20 Jan 2022 with Charge ID 100546278 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.10 Cr with Charge ID 100883725 was registered on 14 Mar 2024.

    14 Mar 2024

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100875725 was registered on 12 Feb 2024.

    12 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100858836 was registered on 04 Jan 2024.

    04 Jan 2024

Frequently asked questions

  • Safi Steel Traders Private Limited was incorporated on 02 Nov 2021.

  • The authorized share capital of Safi Steel Traders Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 9.50 Cr.

  • Currently 2 directors are associated with Safi Steel Traders Private Limited.

    • Mohamedfayaz
    • Safi Mohammed Mohammed Farooq
  • As per Ministry of Corporate Affairs (Mca), the registered address of Safi Steel Traders Private Limited is 1/514-47 Ettayapuram Road Mappilaiyurani, India, Tuticorin, Tamil Nadu, 628002.

  • The corporate identification number (CIN) of Safi Steel Traders Private Limited is U51909TN2021PTC147651 and the company number is 147651 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Safi Steel Traders Private Limited has risen by 235.96%.

  • As Per 2023 financial reports, 834 employees are currently employed by Safi Steel Traders Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Safi Steel Traders Private Limited has experienced an upsurge of 73.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Safi Steel Traders Private Limited amount to ₹ 184.16 Cr.

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

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