Safi Steel Traders Private Limited
Wholesale and retail trading of iron and steel products for construction.
2021 | Tuticorin, Tamil Nadu (India) | Active
Safi Steel Traders Profile
Key Indicators
- Authorised Capital ₹ 9.50 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 3 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 184.16 Cr
- Revenue Growth 235.96%
- Profit Growth 50.72%
- Ebitda 1.34%
- Net Worth 73.39%
- Total Assets 18.18%
About Safi Steel Traders
Safi Steel Traders Private Limited (SSTPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 November 2021 (Three years and six months 22 days old ). Its registered office is in Tuticorin, 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 9.50 Cr and a paid-up capital of Rs 9.50 Cr.
The company currently has active open charges totaling ₹184.16 Cr.
Mohamedfayaz and Safi Farooq serve as directors at the Company.
Company Details
- Location
Tuticorin, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909TN2021PTC147651
- Company No.
147651
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Nov 2021
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Metals and Minerals
What products or services does Safi Steel Traders Private Limited offer?
Safi Steel Traders Private Limited offers a wide range of products and services, including Wire Mesh & Gratings, Steel Mesh, Roofing Sheets, Colour Coated Roofing Sheet, Shutter & Rolling Door Parts, Shutter Parts, Solar Water Heater Tubes & Accessories, Solar Heat Pipe Tube, Steel Pipes and Tubes, MS Pipe.
Safi Steel Traders Private Limited
Explore comprehensive data for Safi Steel Traders Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Safi Steel Traders?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohamedfayaz  | Director | 02-Nov-2021 | Current |
| Safi Farooq | Director | 02-Nov-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Safi Steel Traders?
In 2023, Safi Steel Traders had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mercurysteels Private LimitedSafi Farooq is a mutual person
- Aiswaryam Steels Private Limited
Mohamedfayaz and Safi Farooq are mutual person
- Aiswaryam Pipes And Tubes Private Limited
Mohamedfayaz and Safi Farooq are mutual person
- Sfr Steels Private Limited
Mohamedfayaz and Safi Farooq are mutual person
- Safi Steels Private Limited
Mohamedfayaz and Safi Farooq are mutual person
- Mercury Steels And Pipes Private Limited
Safi Farooq is a mutual person
Charges (Loans)
Open Charges
₹184.16 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 92.11 Cr
- State Bank Of India : 69.19 Cr
- Others : 20.81 Cr
- Hdfc Bank Limited : 2.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2024 | State Bank Of India | ₹0.60 M | Open |
| 14 Mar 2024 | State Bank Of India | ₹0.99 M | Open |
| 12 Feb 2024 | Tamilnad Mercantile Bank Limited | ₹5.00 Cr | Open |
| 04 Jan 2024 | Hdfc Bank Limited | ₹2.10 M | Open |
| 28 Dec 2023 | Hdfc Bank Limited | ₹1.84 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Safi Steel Traders, 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 Safi Steel Traders'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 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.
- Charges
A charge with State Bank Of India amounted to Rs. 0.06 Cr with Charge ID 100907683 was registered on 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.
- Charges
A charge with State Bank Of India amounted to Rs. 0.10 Cr with Charge ID 100883725 was registered on 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100858836 was registered on 04 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Safi Steel Traders Private Limited?
Safi Steel Traders Private Limited was incorporated on 02 Nov 2021.
What is authorized share capital and paid-up capital of Safi Steel Traders Private Limited?
The authorized share capital of Safi Steel Traders Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 9.50 Cr.
Who are the current board members & directors of Safi Steel Traders Private Limited?
Currently 2 directors are associated with Safi Steel Traders Private Limited.
- Mohamedfayaz
- Safi Mohammed Mohammed Farooq
What is the registered address of Safi Steel Traders Private Limited?
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.
What is the corporate identification number (CIN) and company number of Safi Steel Traders Private Limited?
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).
What has been the recent revenue trend for Safi Steel Traders Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Safi Steel Traders Private Limited has risen by 235.96%.
How many employees does Safi Steel Traders Private Limited currently have?
As Per 2023 financial reports, 834 employees are currently employed by Safi Steel Traders Private Limited.
What change has been observed in the net worth of Safi Steel Traders Private Limited, and by what percentage?
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%.
What are the total open charges for Safi Steel Traders Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Safi Steel Traders Private Limited amount to ₹ 184.16 Cr.
When was the last Balance Sheet of Safi Steel Traders Private Limited filed with the ROC?
The most recent Balance Sheet for Safi Steel Traders Private Limited was filed with the ROC on 31 Mar 2023.
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