Siderforgerossi India Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.81 Cr
- Company Age 18 Year, 5 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 five 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
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Location
Mysore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27310KA2006PTC040237
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Company No.
040237
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Aug 2006
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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 | |
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Umesh Tayal
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Additional Director | Current | |
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Prakash Nagarajan
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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%.
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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)
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Forge Tools (Mysore) Private LimitedSuresh Subramaniam and Prakash Nagarajan are mutual person
Charges (Loans)
₹36.53 Cr
₹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.
