Sikkim Ferro Alloys Limited

Importer, supplier, and trader of various metals and metal products for industrial and non-industrial use.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Sikkim Ferro Alloys Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 729.50 Cr
  • Satisfied Charges ₹ 76.00 Cr
  • Revenue Growth -72.64%
  • Profit Growth -101.48%
  • Ebitda 32.21%
  • Net Worth -1.96%
  • Total Assets -0.40%

About Sikkim Ferro Alloys

Sikkim Ferro Alloys Limited (SFAL) is a Public Limited Indian Non-Government Company incorporated in India on 04 March 1998 and has a history of 26 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.85 Cr.

The company currently has active open charges totaling ₹729.50 Cr. The company has closed loans amounting to ₹76.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamlesh Kanungo, Anil Lalwani, and Dhiraj Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sikkimferroalloys.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1998PLC113802

  • Company No.

    113802

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Sikkim Ferro Alloys Limited offer?

Sikkim Ferro Alloys Limited offers a wide range of products and services, including Metal Scrap & Waste Materials, Steel Scrap, Metal Scrap, Adhesives, Glue and Sealants, Silicone Sealant, Steel Pipes and Tubes, Steel Pipes, Non Ferrous Metal Scraps, Aluminum, Brass, Bronze Pipes, Rounded Pipe.

Who are the key members and board of directors at Sikkim Ferro Alloys?

Board Members (3)

NameDesignationAppointment DateStatus
Kamlesh Kanungo Country flag representing In Director 04-Mar-1998Current
Anil Lalwani Country flag representing In Director 20-Aug-2024Current
Dhiraj Shah Country flag representing In Director 12-Jul-2024Current

Financial Performance of Sikkim Ferro Alloys.

Sikkim Ferro Alloys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 72.64% decrease. The company also saw a substantial fall in profitability, with a 101.48% decrease in profit. The company's net worth dipped by a decrease of 1.96%.

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
-72.64%
Revenue from Operations
-100.00%
Total Assets
-0.40%
Profit or Loss
-101.48%
Net Worth
-1.96%
EBITDA
32.21%

What is the Ownership and Shareholding Structure of Sikkim Ferro Alloys?

In 2023, Sikkim Ferro Alloys had a promoter holding of 90.73% and a public holding of 9.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹729.50 Cr

Satisfied Charges

₹76.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 450.00 Cr
  • Union Bank Of India : 128.00 Cr
  • Others : 96.50 Cr
  • State Bank Of India : 30.00 Cr
  • Vijaya Bank : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2016Others₹30.00 CrOpen
19 Mar 2016Others₹66.50 CrOpen
25 Jan 2016Union Bank Of India₹50.00 CrOpen
21 Mar 2014Idbi Trusteeship Services Limited₹450.00 CrOpen
26 Nov 2013Vijaya Bank₹25.00 CrOpen

How Many Employees Work at Sikkim Ferro Alloys?

Sikkim Ferro Alloys has a workforce of 43 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sikkim Ferro Alloys, 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 Sikkim Ferro Alloys'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 Sikkim Ferro Alloys

Recent activity within the organization

  • Annual General Meeting

    Sikkim Ferro Alloys Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Anil Babulal Lalwani was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 6 months 5 days .

    20 Aug 2024

  • Director Appointment

    Dhiraj Babulal Shah was appointed as a Director was appointed as a Director on 12 Jul 2024 & has been associated with this company since 7 months 13 days .

    12 Jul 2024

  • Balance Sheet

    Sikkim Ferro Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100110057 was registered on 29 Sep 2016.

    29 Sep 2016

  • Charges

    A charge with Others amounted to Rs. 66.50 Cr with Charge ID 100018675 was registered on 19 Mar 2016.

    19 Mar 2016

Frequently asked questions

  • Sikkim Ferro Alloys Limited was incorporated on 04 Mar 1998.

  • The authorized share capital of Sikkim Ferro Alloys Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.85 Cr.

  • Currently 3 directors are associated with Sikkim Ferro Alloys Limited.

    • Kamlesh Manohar Kanungo
    • Anil Babulal Lalwani
    • Dhiraj Babulal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sikkim Ferro Alloys Limited is 2Nd Floor Apsara Cinema Building Dr Db Marg Grant Road India, Mumbai, Maharashtra, 400007.

  • The corporate identification number (CIN) of Sikkim Ferro Alloys Limited is U28910MH1998PLC113802 and the company number is 113802 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sikkim Ferro Alloys Limited is https://www.sikkimferroalloys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sikkim Ferro Alloys Limited has fallen by -72.64%.

  • As Per 2023 financial reports, 43 employees are currently employed by Sikkim Ferro Alloys Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sikkim Ferro Alloys Limited has experienced an downturn of -1.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sikkim Ferro Alloys Limited amount to ₹ 729.50 Cr.

  • The most recent Balance Sheet for Sikkim Ferro Alloys Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Metal Retail & Distribution