Turakhia Ferromet Private Limited

Manufacturer and trader of ferrous and non-ferrous metals, alloy steels, and pig iron.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

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

Metals and Minerals

Who are the key members and board of directors at Turakhia Ferromet?

Executive Team (1)

NameDesignationAppointment DateStatus
Garima Jain Company Secretary08-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Manoj Turakhia Country flag representing In Director 28-Oct-2020Current
Mansuklal Turakhia Country flag representing In Director 24-Nov-1994Current

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%.

Turakhia Ferromet revenue growth over time
Turakhia Ferromet 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
-83.16%
Revenue from Operations
-98.61%
Total Assets
0.80%
Profit or Loss
62.26%
Net Worth
1.85%
EBITDA
-36.44%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹450.25 Cr

Satisfied Charges

₹18.70 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 245.25 Cr
  • Sbicap Trustee Company Limited : 205.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2013Sbicap Trustee Company Limited₹205.00 CrOpen
11 Feb 2012Bank Of India₹15.00 CrOpen
02 May 2009Bank Of India₹115.00 CrOpen
13 Feb 1998Bank Of India₹115.00 CrOpen
10 Oct 1994Bank Of India₹2.50 MOpen

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.

Employee growth trends for Turakhia Ferromet Private Limited

Deals i

Graph showing company valuation over time

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

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 Turakhia Ferromet

Recent activity within the organization

  • Director Appointment

    Garima Jain was appointed as a Company Secretary was appointed as a Company Secretary on 08 Apr 2024 & has been associated with this company since 11 months 3 days .

  • Annual General Meeting

    Turakhia Ferromet Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Turakhia Ferromet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 29 Oct 2020 via Charge ID 100410526 with Hdfc Bank Limited was fully satisfied on 03 Dec 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.70 Cr with Charge ID 100410526 was registered on 29 Oct 2020.

  • Director Appointment

    Manoj Mansukhlal Turakhia was appointed as a Director was appointed as a Director on 28 Oct 2020 & has been associated with this company since 4 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Turakhia Ferromet Private Limited?

    Turakhia Ferromet Private Limited was incorporated on 24 May 1994.

  • What is authorized share capital and paid-up capital of Turakhia Ferromet Private Limited?

    The authorized share capital of Turakhia Ferromet Private Limited is ₹ 24.07 Cr and paid-up capital is ₹ 22.06 Cr.

  • Who are the current board members & directors of Turakhia Ferromet Private Limited?

    Currently 3 directors are associated with Turakhia Ferromet Private Limited.

    • Garima Jain
    • Manoj Mansukhlal Turakhia
    • Mansuklal Rugnath Turakhia

  • What is the registered address of Turakhia Ferromet Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Turakhia Ferromet Private Limited is 414 4Th Floor Vyapar Bhavan 49 P D Meelo Road Carnac Bunder, India, Mumbai, Maharashtra, 400009.

  • What is the corporate identification number (CIN) and company number of Turakhia Ferromet Private Limited?

    The corporate identification number (CIN) of Turakhia Ferromet Private Limited is U27200MH1994PTC078585 and the company number is 078585 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Turakhia Ferromet Private Limited?

    The Official website of Turakhia Ferromet Private Limited is https://www.turakhia.co.in

  • What has been the recent revenue trend for Turakhia Ferromet Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Turakhia Ferromet Private Limited has fallen by -83.16%.

  • What change has been observed in the net worth of Turakhia Ferromet Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Turakhia Ferromet Private Limited has experienced an upsurge of 1.85%.

  • What are the total open charges for Turakhia Ferromet Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Turakhia Ferromet Private Limited amount to ₹ 450.25 Cr.

  • When was the last Balance Sheet of Turakhia Ferromet Private Limited filed with the ROC?

    The most recent Balance Sheet for Turakhia Ferromet Private Limited was filed with the ROC on 31 Mar 2023.

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