Sociedade De Fomento Industrial Private Limited

Iron ore mining company with five operational mines in Goa.

1967 | Margoa, Goa (India) | Active
Last Updated: June 25, 2024

Sociedade De Fomento Industrial Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 57 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 994.28 Cr
  • Satisfied Charges ₹ 2,424.95 Cr
  • Revenue Growth -68.90%
  • Profit Growth 2.17%
  • Ebitda -347.02%
  • Net Worth 1.24%
  • Total Assets -2.41%

About Sociedade De Fomento Industrial

Sociedade De Fomento Industrial Private Limited (SDFIPL) was founded in India on 23 August 1967 and has a glorious history of 57 years and five months. Its registered office is in Margoa, Goa, 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 1.00 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹994.28 Cr. The company has closed loans amounting to ₹2,424.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narayana Valavala, Partha Banerjee, Yeluri Reddy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Margoa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200GA1967PTC000075

  • Company No.

    000075

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 1967

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Metals and Minerals

Who are the key members and board of directors at Sociedade De Fomento Industrial?

Executive Team (1)

Name Designation Appointment Date Status
Auduth Timblo Country flag representing In Managing Director 01-Feb-1993 Current

Board Members (4)

Name Designation Appointment Date Status
Yeluri Reddy Country flag representing In Director 23-May-2005 Current
Narayana Valavala Country flag representing In Director Current
Partha Banerjee Country flag representing In Director 11-Apr-2016 Current
Francisco Pereira Country flag representing In Director 23-May-2005 Current

Financial Performance of Sociedade De Fomento Industrial.

Sociedade De Fomento Industrial Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.9% decrease. The company also saw a slight improvement in profitability, with a 2.17% increase in profit. The company's net worth moved up by a moderate rise of 1.24%.

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
-68.90%
Revenue from Operations
-87.34%
Total Assets
-2.41%
Profit or Loss
2.17%
Net Worth
1.24%
EBITDA
-347.02%

What is the Ownership and Shareholding Structure of Sociedade De Fomento Industrial?

In 2023, Sociedade De Fomento Industrial had a promoter holding of 100.00%. The company had 2 Joint Ventures and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹994.28 Cr

Satisfied Charges

₹2,424.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 901.51 Cr
  • State Bank Of India : 40.80 Cr
  • Syndicate Bank : 26.68 Cr
  • Tata Capital Financial Services Limited : 25.00 Cr
  • Sumitomo Corporation : 0.16 Cr
  • Others : 0.13 Cr

Latest Charge Details

Date Lender Amount Status
03 May 2023 Tata Capital Financial Services Limited ₹25.00 Cr Open
24 Mar 2023 Others ₹200.00 Cr Open
24 Mar 2023 Others ₹50.00 Cr Open
21 Nov 2022 Others ₹20.00 Cr Open
25 Mar 2021 Others ₹163.51 Cr Open

How Many Employees Work at Sociedade De Fomento Industrial?

Unlock and access historical data on people associated with Sociedade De Fomento Industrial, 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 Sociedade De Fomento Industrial, 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 Sociedade De Fomento Industrial'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 Sociedade De Fomento Industrial

Recent activity within the organization

  • Charges

    A charge registered on 30 Sep 2019 via Charge ID 100303059 with Others was fully satisfied on 27 Oct 2023.

    27 Oct 2023

  • Annual General Meeting

    Sociedade De Fomento Industrial Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 24 Jun 2019 via Charge ID 100270742 with Others was fully satisfied on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge with Others of Rs. 468.00 Cr registered on 29 Dec 2016 with Charge ID 100075017 was modified on 01 Jun 2023.

    01 Jun 2023

  • Charges

    A charge with Others of Rs. 16.00 Cr registered on 24 Jun 2019 with Charge ID 100270742 was modified on 04 May 2023.

    04 May 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 25.00 Cr with Charge ID 100721981 was registered on 03 May 2023.

    03 May 2023

Frequently asked questions

  • Sociedade De Fomento Industrial Private Limited was incorporated on 23 Aug 1967.

  • The authorized share capital of Sociedade De Fomento Industrial Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 5 directors are associated with Sociedade De Fomento Industrial Private Limited.

    • Narayana Prasad Valavala
    • Partha Sarathi Banerjee
    • Yeluri Srinivas Reddy
    • Francisco Lume Pereira
    • Auduth Modu Timblo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sociedade De Fomento Industrial Private Limited is Vila Flores Da Silva Erasmo Carvalho Street Post Box No. 31, Margoa, Goa, India, 403601.

  • The corporate identification number (CIN) of Sociedade De Fomento Industrial Private Limited is U31200GA1967PTC000075 and the company number is 000075 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sociedade De Fomento Industrial Private Limited is https://www.fomento.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sociedade De Fomento Industrial Private Limited has fallen by -68.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sociedade De Fomento Industrial Private Limited has experienced an upsurge of 1.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sociedade De Fomento Industrial Private Limited amount to ₹ 994.28 Cr.

  • The most recent Balance Sheet for Sociedade De Fomento Industrial Private Limited was filed with the ROC on 31 Mar 2023.

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