Abhijeet Ferrotech Limited - financial services in Kolkata, West Bengal, India. FY 2026 financials and compliance.
CIN U52322WB1996PLC076509 Incorporated 10 January 1996 ROC Kolkata HQ Kolkata, West Bengal, India
Under Insolvency Public Limited Company financial services
Data last updated
Revenue · FY 2016
₹270.61 Cr
▼ 34.00% YoY
EBITDA · FY 2016
Locked
In full report
Net profit · FY 2016
Locked
In full report
Authorised capital
₹85 Cr
Registered with MCA
Paid-up capital
₹45.45 Cr
Issued & subscribed
Open charges
₹1,819.06 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
238
Latest available

About Abhijeet Ferrotech Limited

Data last updated: 17 July 2025

Abhijeet Ferrotech Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 10 January 1996, the company has been in operation for over 30 years.

Registered with ROC Kolkata under CIN U52322WB1996PLC076509.

Capital: an authorised share capital of ₹85 Cr and a paid-up capital of ₹45.45 Cr. Formerly known as Coastal Ferrotech Limited and Coastal Ferrotech Limited. It is led by directors including Rohit Ashok Jaiswal and Rajesh Jayaswal.

Last AGM: 28 September 2017. Financial statements filed for year ended 31 March 2017. Office: Fe – 83 Sector – Iii Salt Lake City Ground Floor, Kolkata, West Bengal, India – 700106.

As per the financials filed for FY 2016, the company reported a revenue of ₹270.61 Cr, a decline of 34% compared to the previous year.

The company has a workforce of approximately 238 employees as per the latest available data.

As per MCA filings, the company has open charges of ₹1,819.06 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is abhijeet.in.

Company Details of Abhijeet Ferrotech Limited
CIN U52322WB1996PLC076509
Registration Number 076509
Incorporation Date 10 January 1996
ROC Kolkata
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 28 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Fe – 83 Sector – Iii Salt Lake City Ground Floor, Kolkata, West Bengal, India – 700106
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC
Company report
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Financials, compliance, directors, charges, ownership and filings for Abhijeet Ferrotech Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited has undergone 6 name changes throughout its history. The current legal name is Abhijeet Ferrotech Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Abhijeet Ferrotech Limited Current
Coastal Ferrotech Limited Previous
Coastal Ferrotech Limited Previous
Coastal Ferrotech Private Limited Previous
Adveta Mj Ferrotech Limited Previous
Advait Ferrotech Limited Previous
Mangalmayee Garments Pvt Ltd Previous

CIN History of Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited has one previous CIN (Corporate Identification Number): U52322WB1996PTC076509. The current CIN is U52322WB1996PLC076509, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U52322WB1996PLC076509 Current
U52322WB1996PTC076509 Previous

Business Activity of Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products Locked
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Auditor Details of Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited is audited by M N C & Co. for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
M N C & Co. Locked Locked Locked
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Board of Directors of Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited is currently managed by 5 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Rohit Ashok Jaiswal Director 08 Mar 2018 8 Years 4 Months As last reported
Rajesh Jayaswal Additional Director 09 Oct 2014 11 Years 9 Months As last reported
Satish Kumar Gupta Irp/Rp/Liquidator 20 Jun 2025 1 Years 1 Months As last reported
Uttam Jaiswal Additional Director 09 Sep 2024 1 Years 10 Months As last reported
Manoj Kumar Jayaswal Additional Director 25 Nov 2014 11 Years 7 Months As last reported

Financials of Abhijeet Ferrotech Limited FY 2017 filings available

Abhijeet Ferrotech Limited reported revenue of ₹270.61 Cr (down 34.00% YoY) for FY 2016.

Revenue · FY 2016
₹270.61 Cr ▼ 34.00%
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Ten-year financial statements for Abhijeet Ferrotech Limited

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Ownership and Shareholding of Abhijeet Ferrotech Limited

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Group Structure of Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited has 2 associated companies. This group structure data is as of FY 2017. The corporate group structure reflects Abhijeet Ferrotech Limited's business expansion strategy and organizational complexity.

2
Associated companies

Charges & Borrowings of Abhijeet Ferrotech Limited

Open charges
₹1,819.06 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Axis Bank Limited₹1,706.82 Cr
United Bank of India₹75.50 Cr
State Bank of Travancore₹36.74 Cr
Latest charge details
DateLenderAmountStatus
30 Dec 2015 United Bank of India ₹75.5 Cr Open
23 Dec 2015 State Bank of Travancore ₹36.74 Cr Open
26 Jun 2015 Axis Bank Limited ₹102.12 Cr Open
31 Dec 2013 Axis Bank Limited ₹868.7 Cr Open
02 Nov 2011 Axis Bank Limited ₹366 Cr Open

Total charge records: 6 View all charges

Employees and EPFO Compliance at Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited has a workforce of 238 employees as of Apr 06, 2024.

Employee count
238
Active EPFO establishments
1
Employee growth
-20.67%
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Employee and EPFO history for Abhijeet Ferrotech Limited

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GST Compliance of Abhijeet Ferrotech Limited

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Credit Ratings, Litigation & Regulatory Alerts for Abhijeet Ferrotech Limited

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Credit ratings, litigation, and regulatory alerts for Abhijeet Ferrotech Limited

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MSME Payment Delays by Abhijeet Ferrotech Limited

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MSME payment history for Abhijeet Ferrotech Limited

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Subsidiaries & Group Companies of Abhijeet Ferrotech Limited

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Corporate group structure for Abhijeet Ferrotech Limited

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MCA Filings & Documents of Abhijeet Ferrotech Limited

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MCA filings and documents for Abhijeet Ferrotech Limited

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Recent Activity on Abhijeet Ferrotech Limited

Directors
20 Jun 2025
Satish Kumar Gupta was appointed as a IRP/RP/Liquidator on 20 Jun 2025 & has been associated with this company since 1 year 1 month.
Directors
09 Sep 2024
Uttam Jaiswal was appointed as a Additional Director on 09 Sep 2024 & has been associated with this company since 1 year 10 months.
Directors
08 Mar 2018
Rohit Ashok Jaiswal was appointed as a Director on 08 Mar 2018 & has been associated with this company since 8 years 4 months.
Activity
28 Sep 2017
Abhijeet Ferrotech Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.
Activity
31 Mar 2017
Abhijeet Ferrotech Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Kolkata.
Charges
15 Mar 2016
A charge with United Bank Of India of Rs. 75.50 Cr registered on 30 Dec 2015 with Charge ID 10621254 was modified on 15 Mar 2016.

Frequently Asked Questions about Abhijeet Ferrotech Limited

Abhijeet Ferrotech Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Abhijeet Ferrotech Limited is a company under insolvency, formerly operating as a public limited company in the financial services sector based in Kolkata, West Bengal, India. It was incorporated on 10 January 1996 and is registered under CIN U52322WB1996PLC076509. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Abhijeet Ferrotech Limited reported revenue of ₹270.61 Cr for FY 2016 (down 34.00% YoY).

The current directors of Abhijeet Ferrotech Limited are:

The CIN (Corporate Identification Number) of Abhijeet Ferrotech Limited is U52322WB1996PLC076509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Abhijeet Ferrotech Limited has open charges of ₹1,819.06 Cr and no satisfied charges on record as per latest MCA filings.

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