Turakhia Ferromet Profile
Key Indicators
- Authorised Capital ₹ 24.07 Cr
as on 16-11-2024
- Paid Up Capital ₹ 22.06 Cr
as on 16-11-2024
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.25 Cr
as on 16-11-2024
- Satisfied Charges ₹ 18.70 Cr
as on 16-11-2024
- Revenue -83.16%
(FY 2023)
- Profit 62.26%
(FY 2023)
- Ebitda -36.44%
(FY 2023)
- Net Worth 1.85%
(FY 2023)
- Total Assets 0.80%
(FY 2023)
About Turakhia Ferromet
The Corporate was formerly known as Turakhia Ferromet Limited. 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 24.07 Cr and a paid-up capital of Rs 22.06 Cr.
The company currently has active open charges totaling ₹450.25 Cr. The company has closed loans amounting to ₹18.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Turakhia Ferromet Private Limited India is Garima Jain as COMPANY SECRETARY. Manoj Turakhia and Mansuklal Turakhia serve as directors at the Company.
- CIN/LLPIN
U27200MH1994PTC078585
- Company No.
078585
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 May 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Turakhia Ferromet?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Garima Jain | Company Secretary | 08-Apr-2024 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Turakhia  | Director | 28-Oct-2020 | Current |
| Mansuklal Turakhia | Director | 24-Nov-1994 | Current |
Financial Performance and Corporate Structure Insights of Turakhia Ferromet.
Turakhia Ferromet Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 83.16% decrease. The company also saw a substantial improvement in profitability, with a 62.26% increase in profit. The company's net worth moved up by a moderate rise of 1.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Turakhia Ferromet?
In 2023, Turakhia Ferromet had a promoter holding of 85.00% and a public holding of 15.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Turakhia Engineering Company (Pithampur) Private LimitedActive 15 years 5 months
Manoj Turakhia is a mutual person
- Turakhia Engineering Company Private LimitedActive 19 years 8 months
Manoj Turakhia is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 03 Aug 2013 | ₹205.00 Cr | Open |
Bank Of India Creation Date: 11 Feb 2012 | ₹15.00 Cr | Open |
Bank Of India Creation Date: 02 May 2009 | ₹115.00 Cr | Open |
How Many Employees Work at Turakhia Ferromet?
Unlock and access historical data on people associated with Turakhia Ferromet, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Turakhia Ferromet, 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 Turakhia Ferromet'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.
.webp){kind=small}
