Cheran Steels Private Limited

Cheran Steels Private Limited - metals and minerals in Pollachi, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U27107TZ2008PTC014496 Incorporated 26 May 2008 ROC Coimbatore HQ Pollachi, Tamil Nadu, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2018
₹20.96 Cr
▲ 49% YoY
Net loss · FY 2018
₹61.68 Lakh
Net margin -2.9%
EBITDA · FY 2018
-₹14.43 Lakh
EBITDA margin -0.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹11.05 Cr
Satisfied ₹3.9 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Cheran Steels Private Limited

Data last updated:

Cheran Steels Private Limited is a private limited company based in Pollachi, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27107TZ2008PTC014496. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Sanex Steels Private Limited. It is led by directors Karunanidhi and Mohan Dhantapani.

Its last annual general meeting (AGM) was held on 23 May 2024, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Sf. No. 42/2 Mullappadi Road Sulakkal, Pollachi, Tamil Nadu, India – 642110.

As per the financials filed for FY 2018, the company reported a revenue of ₹20.96 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹61.68 Lakh (net margin -2.9%) and EBITDA of -₹14.43 Lakh (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.

As per MCA filings, the company has open charges of ₹11.05 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 4 cases are pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U27107TZ2008PTC014496
Registration Number 014496
Incorporation Date 26 May 2008
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 May 2024
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Contact details

Cheran Steels Private Limited's registered office is in Pollachi, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sf. No. 42/2 Mullappadi Road Sulakkal, Pollachi, Tamil Nadu, India – 642110
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Cheran Steels Private Limited, buy the company report.

Comprehensive company report
Cheran Steels Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Cheran Steels is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Cheran Steels Private Limited, buy the company report.

Financials of Cheran Steels Private Limited

FY 2018 filings available

Cheran Steels Private Limited reported revenue of ₹20.96 Cr (up 49% YoY) for FY 2018.

Revenue · FY 2018
₹20.96 Cr ▲ 49%
Net loss · FY 2018
₹61.68 Lakh margin -2.9%
EBITDA · FY 2018
-₹14.43 Lakh margin -0.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▼ 4%

Revenue rose 49% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 85% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹14.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹61.68 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-0.7%
Net Profit Margin-2.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Cheran Steels Private Limited, buy the company report.

Board of directors of Cheran Steels Private Limited

Cheran Steels has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
KarunanidhiDirector10 Aug 201214 Years 2 MonthsCurrent
Mohan DhantapaniDirector10 Aug 201214 Years 2 MonthsCurrent

Shareholding

The shareholding of Cheran Steels Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cheran Steels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.05 Cr
Satisfied charges
₹3.9 Cr
Breakdown by lending institutions
Others₹11.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Aug 201210433643Others₹11.05 CrOpen
25 Apr 200910157576Canara Bank₹3.9 CrSatisfied

To see the full charge records of Cheran Steels Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cheran Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Cheran Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Cheran Steels Private Limited, buy the company report.

Recent activity

Cheran Steels Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Mohan Vivek ceased to be Director on 22 Sep 2016.

AGM
Cheran Steels Private Limited last Annual general meeting of members was held on 23 May 2024 as per latest MCA records.
Filing
Cheran Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore.
Ceased
Mohan Vivek ceased to be Director.
Charges
A charge with Others of Rs. 11.05 Cr registered on 27 Aug 2012 with Charge ID 10433643 was modified on 29 Jan 2016.
Ceased
Karunanidhi ceased to be Additional Director.
Ceased
Mohan Dhantapani ceased to be Additional Director.
Ceased
Assainar Pothiyil ceased to be Director.
Ceased
Nellikkavattayil Basheer ceased to be Additional Director.
Ceased
Pothiyil Hamza ceased to be Additional Director.
Ceased
Pothiyil Kassim ceased to be Director.
Ceased
Salim Pothiyil ceased to be Director.
Charges
A charge registered on 25 Apr 2009 via Charge ID 10157576 with Canara Bank was fully satisfied on 12 Sep 2012.

6 earlier events are in the company report.

Frequently asked questions

Cheran Steels is an active private limited company based in Pollachi, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 May 2008 (18+ years old) and is registered under CIN U27107TZ2008PTC014496.

Cheran Steels has 2 current directors:

The latest financial statements of Cheran Steels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 23 May 2024. Year-wise statements from 2015 are in the company report.

No. Cheran Steels has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Cheran Steels is U27107TZ2008PTC014496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cheran Steels has 10 court cases on record: 7 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.

Cheran Steels was incorporated on 26 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Coimbatore.

Mohan Vivek ceased to be Director on 22 Sep 2016. Karunanidhi ceased to be Additional Director on 30 Sep 2014. Mohan Dhantapani ceased to be Additional Director on 30 Sep 2014. Cheran Steels has 10 board changes on record in total.

The registered office of Cheran Steels is at Sf. No. 422 Mullappadi Road Sulakkal, Pollachi, Tamil Nadu, India – 642110.

Cheran Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.