About Conros Steels Private Limited
Data last updated:
Conros Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 January 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2005PTC150550. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹9.06 Cr. It is led by directors including Shehzad Shabbirali Hemani (Managing Director) and Sagar Moreshwar Bhikot.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 44A Dheeraj Heritagesecond Floor S V Road Santacruz (W), Mumbai, Maharashtra, India – 400054.
As per MCA filings, the company has open charges of ₹1,137.04 Cr and satisfied charges of ₹55 Cr on record. Court records list 49 cases involving the company, including 20 filed by the company and 29 filed against it; 15 cases are pending. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹88.46 Cr; the latest was in February 2012.
The last known website on record is conros-group.com.
Company details
Contact details
Conros Steels Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address44A Dheeraj Heritagesecond Floor S V Road Santacruz (W), Mumbai, Maharashtra, India – 400054
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
Financials of Conros Steels Private Limited
FY 2017 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Conros Steels Private Limited, buy the company report.
Board of directors of Conros Steels Private Limited
Conros Steels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Moreshwar Bhikot | Director | 12 Oct 2017 | 9 Years 0 Months | As last reported |
| Shehzad Shabbirali Hemani | Managing Director | 11 Jan 2005 | 21 Years 9 Months | As last reported |
| Taufique Hanif Patel Also directs: Mashreq Steel Industries Private Limited, Fidelity Steels Private Limited, Conros Pipes and Tubes Limited and 2 more | Director | 12 Oct 2017 | 9 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2014 | 10512420 | Idbi Trusteeship Services Limited | ₹392.56 Cr | Open | |
| 05 Dec 2011 | 10332940 | Edelweiss Asset Reconstruction Company Limited | ₹20 Cr | Open | |
| 23 Dec 2010 | 10256091 | State Bank of India | ₹85.23 Cr | Open | |
| 23 Dec 2010 | 10256093 | State Bank of India | ₹227.5 Cr | Open | |
| 03 Dec 2010 | 10256103 | Invent Assets Securitisation and Reconstruction Private Limited | ₹227.5 Cr | Open |
To see the full charge records of Conros Steels Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Conros Steels Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹88.46 Cr; the latest was in February 2012.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2010 | Funding round | ₹27.5 Cr | Investors: 2 individuals |
| Jul 2008 | Funding round | ₹13.1 Cr | Investors: 2 individuals |
| Mar 2007 | Funding round | ₹2.75 Cr | Investors: 2 individuals |
| Apr 2006 | Funding round | ₹1.82 Cr | Investors: 2 individuals |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Conros Steels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Conros Steels Private Limited has 49 court cases on record: 20 filed by Conros Steels, 29 filed against it. 15 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 12 | 8 |
| District courts | 23 | 17 | 7 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by The State Trading Corporation of India Ltd | Pending |
| Bombay High Court | Court case (SCN) | Filed against the company by MSTC Limited | Pending |
| District court, Raigad, Maharashtra | Execution petition | Filed against the company by MSTC Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against MSTC Limited | Disposed |
| Bombay High Court | Court case (APL) | Filed by the company against MSTC Limited and Anr | Disposed |
To see the full case history of Conros Steels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Conros Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Conros Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Conros Steels Private Limited, buy the company report.
Recent activity
Conros Steels Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Shehzad Shabbirali Hemani ceased to be Managing Director on 10 Feb 2021.
21 earlier events are in the company report.
Frequently asked questions
Conros Steels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Conros Steels is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 January 2005 and is registered under CIN U51420MH2005PTC150550. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Conros Steels has 3 current directors:
- Shehzad Shabbirali Hemani - Managing Director
- Sagar Moreshwar Bhikot - Director
- Taufique Hanif Patel - Director
The latest financial statements of Conros Steels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Conros Steels is U51420MH2005PTC150550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Conros Steels has open charges of ₹1,137.04 Cr and satisfied charges of ₹55 Cr as per latest MCA filings.
Conros Steels has 49 court cases on record: 20 filed by the company and 29 filed against it. 15 are pending. Most are in the high courts.
Conros Steels was incorporated on 11 January 2005. It is registered with the Registrar of Companies, Mumbai.
Conros Steels has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹88.46 Cr; the latest was in February 2012.
Shehzad Shabbirali Hemani ceased to be Managing Director on 10 Feb 2021. Fardeen Birbal Ismail ceased to be Director on 01 Dec 2017. Sagar Moreshwar Bhikot was appointed as Director on 12 Oct 2017. Conros Steels has 7 board changes on record in total.