Siderforgerossi India Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.81 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.53 Cr
- Satisfied Charges ₹ 185.03 Cr
- Revenue Growth 8.84%
- Profit Growth -96.18%
- Ebitda -98.83%
- Net Worth -18.28%
- Total Assets -13.94%
About Siderforgerossi India
Siderforgerossi India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2006 and has a history of 18 years and six months. Its registered office is in Mysore, Karnataka, India.
The Corporate was formerly known as Amw - Mgm Forgings Private Limited. The Company is engaged in the Engineering 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 8.00 Cr and a paid-up capital of Rs 7.81 Cr.
The company currently has active open charges totaling ₹36.53 Cr. The company has closed loans amounting to ₹185.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Daniele Crose, Suresh Subramaniam, Umesh Tayal, and One other member serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27310KA2006PTC040237
- Company No.
040237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Aug 2006
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Engineering
Who are the key members and board of directors at Siderforgerossi India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Subramaniam  | Managing Director | 15-May-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Daniele Crose  | Additional Director | Current | |
| Umesh Tayal | Additional Director | Current | |
| Prakash Nagarajan | Whole-Time Director | 05-Sep-2019 | Current |
Financial Performance of Siderforgerossi India.
Siderforgerossi India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.84% increase. The company also saw a substantial fall in profitability, with a 96.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Siderforgerossi India?
In 2023, Siderforgerossi India had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Forge Tools (Mysore) Private Limited
Suresh Subramaniam and Prakash Nagarajan are mutual person
Charges (Loans)
Open Charges
₹36.53 Cr
Satisfied Charges
₹185.03 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 18.75 Cr
- Axis Bank Limited : 17.78 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2019 | Axis Bank Limited | ₹17.78 Cr | Open |
| 15 Apr 2017 | State Bank Of India | ₹18.75 Cr | Open |
| 14 Apr 2017 | Indian Overseas Bank | ₹2.68 Cr | Satisfied |
| 01 Dec 2015 | Bnp Paribas | ₹1.35 Cr | Satisfied |
| 02 Sep 2013 | Deutsche Bank Ag | ₹12.00 Cr | Satisfied |
How Many Employees Work at Siderforgerossi India?
Siderforgerossi India has a workforce of 221 employees as of Apr 06, 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 Siderforgerossi 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 Siderforgerossi India'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 Siderforgerossi India
Recent activity within the organization
- Annual General Meeting
Siderforgerossi India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 14 Apr 2017 via Charge ID 100100775 with Indian Overseas Bank was fully satisfied on 03 Jul 2023.
- Balance Sheet
Siderforgerossi India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with State Bank Of India of Rs. 18.75 Cr registered on 15 Apr 2017 with Charge ID 100108464 was modified on 14 Dec 2021.
- Charges
A charge with Axis Bank Limited of Rs. 17.78 Cr registered on 04 Dec 2019 with Charge ID 100310226 was modified on 13 Dec 2021.
- Director Appointment
Suresh Subramaniam was appointed as a Managing Director was appointed as a Managing Director on 15 May 2020 & has been associated with this company since 4 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Siderforgerossi India Private Limited?
Siderforgerossi India Private Limited was incorporated on 18 Aug 2006.
What is authorized share capital and paid-up capital of Siderforgerossi India Private Limited?
The authorized share capital of Siderforgerossi India Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.81 Cr.
Who are the current board members & directors of Siderforgerossi India Private Limited?
Currently 4 directors are associated with Siderforgerossi India Private Limited.
- Daniele Crose
- Suresh Subramaniam
- Umesh Tayal
- Prakash Nagarajan
What is the registered address of Siderforgerossi India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Siderforgerossi India Private Limited is No.82-84 Krs Road Metagalli Post, Mysore, Karnataka, India, 570016.
What is the corporate identification number (CIN) and company number of Siderforgerossi India Private Limited?
The corporate identification number (CIN) of Siderforgerossi India Private Limited is U27310KA2006PTC040237 and the company number is 040237 as per Ministry of Corporate Affairs (MCA).
What is the official website of Siderforgerossi India Private Limited?
The Official website of Siderforgerossi India Private Limited is https://www.siderforgerossiindia.com
What has been the recent revenue trend for Siderforgerossi India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Siderforgerossi India Private Limited has risen by 8.84%.
How many employees does Siderforgerossi India Private Limited currently have?
As Per 2023 financial reports, 221 employees are currently employed by Siderforgerossi India Private Limited.
What change has been observed in the net worth of Siderforgerossi India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Siderforgerossi India Private Limited has experienced an downturn of -18.28%.
What are the total open charges for Siderforgerossi India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Siderforgerossi India Private Limited amount to ₹ 36.53 Cr.
When was the last Balance Sheet of Siderforgerossi India Private Limited filed with the ROC?
The most recent Balance Sheet for Siderforgerossi India Private Limited was filed with the ROC on 31 Mar 2023.
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