Sharoff Forgings Private Limited

Trading and supplying iron and steel products, including MS plates, TMT bars, and seamless pipes.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Sharoff Forgings Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.99 M
  • Company Age 35 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.00 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -99.68%
  • Profit Growth -82.30%
  • Ebitda 92.63%
  • Net Worth -2.54%
  • Total Assets -19.61%

About Sharoff Forgings

Sharoff Forgings Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 1990 and has a history of 35 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 4.00 M and a paid-up capital of Rs 3.99 M.

The company currently has active open charges totaling ₹11.00 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunil Kumar, Poonam Sharoff, Sushil Sharoff, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24117TN1990PTC018607

  • Company No.

    018607

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1990

  • 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 Sharoff Forgings?

Board Members (4)

Name Designation Appointment Date Status
Sushil Sharoff Country flag representing In Director 25-Jun-1993 Current
Sunil Kumar Country flag representing In Director 18-Jan-1990 Current
Poonam Sharoff Country flag representing In Director 20-Mar-1997 Current
Sandhya Sunil Country flag representing In Director 25-Jun-1993 Current

Financial Performance of Sharoff Forgings.

Sharoff Forgings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.68% decrease. The company also saw a substantial fall in profitability, with a 82.3% decrease in profit. The company's net worth dipped by a decrease of 2.54%.

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
-99.68%
Revenue from Operations
Total Assets
-19.61%
Profit or Loss
-82.30%
Net Worth
-2.54%
EBITDA
92.63%

What is the Ownership and Shareholding Structure of Sharoff Forgings?

In 2023, Sharoff Forgings 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

₹110.00 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 11.00 Cr

Latest Charge Details

Date Lender Amount Status
12 Apr 2016 Standard Chartered Bank ₹1.00 Cr Open
12 Mar 2005 Standard Chartered Bank ₹10.00 Cr Open
12 Mar 2005 Ing Vysya Bank Ltd ₹1.00 Cr Satisfied

How Many Employees Work at Sharoff Forgings?

Unlock and access historical data on people associated with Sharoff Forgings, 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 Sharoff Forgings, 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 Sharoff Forgings'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 Sharoff Forgings

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sharoff Forgings 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 Standard Chartered Bank amounted to Rs. 10.00 M with Charge ID 100028329 was registered on 12 Apr 2016.

    12 Apr 2016

  • Charges

    A charge with Standard Chartered Bank of Rs. 100.00 M registered on 12 Mar 2005 with Charge ID 90282548 was modified on 13 Aug 2015.

    13 Aug 2015

  • Charges

    A charge registered on 12 Mar 2005 via Charge ID 80063699 with Ing Vysya Bank Ltd was fully satisfied on 05 Sep 2011.

    05 Sep 2011

  • Charges

    A charge with Ing Vysya Bank Ltd amounted to Rs. 10.00 M with Charge ID 80063699 was registered on 12 Mar 2005.

    12 Mar 2005

Frequently asked questions

  • Sharoff Forgings Private Limited was incorporated on 18 Jan 1990.

  • The authorized share capital of Sharoff Forgings Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.99 M.

  • Currently 4 directors are associated with Sharoff Forgings Private Limited.

    • Sunil Kumar
    • Poonam Kumari Sharoff
    • Sushil Kumar Sharoff
    • Sandhya Sunil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharoff Forgings Private Limited is F1-8 Alsa Mall No.4 Montieth Road, Egmore India, Chennai, Tamil Nadu, 600008.

  • The corporate identification number (CIN) of Sharoff Forgings Private Limited is U24117TN1990PTC018607 and the company number is 018607 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharoff Forgings Private Limited is https://www.steelonline.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharoff Forgings Private Limited has fallen by -99.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharoff Forgings Private Limited has experienced an downturn of -2.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharoff Forgings Private Limited amount to ₹ 11.00 Cr.

  • The most recent Balance Sheet for Sharoff Forgings Private Limited was filed with the ROC on 31 Mar 2023.

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