Turakhia Ferromet Profile
Key Indicators
- Authorised Capital ₹ 24.07 Cr
- Paid Up Capital ₹ 22.06 Cr
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.25 Cr
- Satisfied Charges ₹ 18.70 Cr
- Revenue Growth -83.16%
- Profit Growth 62.26%
- Ebitda -36.44%
- Net Worth 1.85%
- Total Assets 0.80%
About Turakhia Ferromet
Turakhia Ferromet Private Limited (TFPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 May 1994 and has a history of 30 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- 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
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 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
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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.
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- Asstur International Llp
Manoj Turakhia is a mutual person
- Turakhia Iron And Steel Llp
Manoj Turakhia is a mutual person
- Turakhia Engineering Company (Pithampur) Private Limited
Manoj Turakhia is a mutual person
- Turakhia Engineering Company Private Limited
Manoj Turakhia is a mutual person
Charges (Loans)
₹450.25 Cr
₹18.70 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 245.25 Cr
- Sbicap Trustee Company Limited : 205.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2013 | Sbicap Trustee Company Limited | ₹205.00 Cr | Open |
| 11 Feb 2012 | Bank Of India | ₹15.00 Cr | Open |
| 02 May 2009 | Bank Of India | ₹115.00 Cr | Open |
| 13 Feb 1998 | Bank Of India | ₹115.00 Cr | Open |
| 10 Oct 1994 | Bank Of India | ₹2.50 M | 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.
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