Sakthi Ferro Alloys (India) Private Limited

Trading iron and steel scrap, manufacturing TMT bars with 32,000 MT/month capacity.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Sakthi Ferro Alloys (India) Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.40 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 190.57 Cr
  • Satisfied Charges ₹ 101.00 Cr
  • Revenue Growth -11.28%
  • Profit Growth -58.92%
  • Ebitda -51.27%
  • Net Worth 4.09%
  • Total Assets 27.44%

About Sakthi Ferro Alloys (India)

Sakthi Ferro Alloys (India) Private Limited (SFAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2005 and has a history of 20 years and one month. 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 15.00 Cr and a paid-up capital of Rs 9.40 Cr.

The company currently has active open charges totaling ₹190.57 Cr. The company has closed loans amounting to ₹101.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kannai Anandh and Balaji Thenmozoli serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101TN2005PTC055788

  • Company No.

    055788

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

What products or services does Sakthi Ferro Alloys (India) Private Limited offer?

Sakthi Ferro Alloys (India) Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, TMT Bars.

Company report

Sakthi Ferro Alloys (India) Private Limited

Explore comprehensive data for Sakthi Ferro Alloys (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sakthi Ferro Alloys (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Kannai Anandh Country flag representing In Managing Director29-Mar-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Balaji Thenmozoli Country flag representing In Director 06-Dec-2021Current

Financial Performance of Sakthi Ferro Alloys (India).

Sakthi Ferro Alloys (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.28% decrease. The company also saw a substantial fall in profitability, with a 58.92% decrease in profit. The company's net worth moved up by a moderate rise of 4.09%.

Sakthi Ferro Alloys (India) revenue growth over time
Sakthi Ferro Alloys (India) 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
-11.28%
Revenue from Operations
-11.33%
Total Assets
27.44%
Profit or Loss
-58.92%
Net Worth
4.09%
EBITDA
-51.27%

What is the Ownership and Shareholding Structure of Sakthi Ferro Alloys (India)?

In 2023, Sakthi Ferro Alloys (India) had a promoter holding of 85.16% and a public holding of 14.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹190.57 Cr

Satisfied Charges

₹101.00 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 82.00 Cr
  • Others : 48.33 Cr
  • Tamilnad Mercantile Bank Limited : 45.00 Cr
  • Standard Chartered Bank : 13.00 Cr
  • Hdfc Bank Limited : 1.21 Cr
  • Others : 1.03 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2024Others₹28.00 CrOpen
16 Mar 2021Standard Chartered Bank₹13.00 CrOpen
17 Feb 2021Others₹20.00 CrOpen
03 Apr 2018Others₹3.30 MOpen
28 Dec 2016Hdfc Bank Limited₹7.14 MOpen

How Many Employees Work at Sakthi Ferro Alloys (India)?

Sakthi Ferro Alloys (India) has a workforce of 136 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.

Employee growth trends for Sakthi Ferro Alloys (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sakthi Ferro Alloys (India), 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 Sakthi Ferro Alloys (India)'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 Sakthi Ferro Alloys (India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 28.00 Cr with Charge ID 100861489 was registered on 22 Jan 2024.

  • Annual General Meeting

    Sakthi Ferro Alloys (India) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sakthi Ferro Alloys (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 45.00 Cr registered on 26 Jun 2015 with Charge ID 10581158 was modified on 24 Jan 2022.

  • Director Appointment

    Balaji Gunalan Thenmozoli was appointed as a Director was appointed as a Director on 06 Dec 2021 & has been associated with this company since 3 years 5 months .

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 13.00 Cr with Charge ID 100441550 was registered on 16 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Sakthi Ferro Alloys (India) Private Limited?

    Sakthi Ferro Alloys (India) Private Limited was incorporated on 29 Mar 2005.

  • What is authorized share capital and paid-up capital of Sakthi Ferro Alloys (India) Private Limited?

    The authorized share capital of Sakthi Ferro Alloys (India) Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.40 Cr.

  • Who are the current board members & directors of Sakthi Ferro Alloys (India) Private Limited?

    Currently 2 directors are associated with Sakthi Ferro Alloys (India) Private Limited.

    • Kannai Ahnaidu Anandh
    • Balaji Gunalan Thenmozoli
  • What is the registered address of Sakthi Ferro Alloys (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sakthi Ferro Alloys (India) Private Limited is 18/26 Loganathan Nagar, Second Street Choolaimedu India, Chennai, Tamil Nadu, 600094.

  • What is the corporate identification number (CIN) and company number of Sakthi Ferro Alloys (India) Private Limited?

    The corporate identification number (CIN) of Sakthi Ferro Alloys (India) Private Limited is U27101TN2005PTC055788 and the company number is 055788 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sakthi Ferro Alloys (India) Private Limited?

    The Official website of Sakthi Ferro Alloys (India) Private Limited is https://www.sakthigroup.co

  • What has been the recent revenue trend for Sakthi Ferro Alloys (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sakthi Ferro Alloys (India) Private Limited has fallen by -11.28%.

  • How many employees does Sakthi Ferro Alloys (India) Private Limited currently have?

    As Per 2023 financial reports, 136 employees are currently employed by Sakthi Ferro Alloys (India) Private Limited.

  • What change has been observed in the net worth of Sakthi Ferro Alloys (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sakthi Ferro Alloys (India) Private Limited has experienced an upsurge of 4.09%.

  • What are the total open charges for Sakthi Ferro Alloys (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sakthi Ferro Alloys (India) Private Limited amount to ₹ 190.57 Cr.

  • When was the last Balance Sheet of Sakthi Ferro Alloys (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Sakthi Ferro Alloys (India) Private Limited was filed with the ROC on 31 Mar 2023.

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