Coromandel Steels Ltd
About Coromandel Steels Ltd
Data last updated: 05 January 2026
Coromandel Steels Ltd is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Wesco Engineers Ltd. It specialises in metalworking, a part of the broader metals and mining sector. Incorporated on 10 June 1958, the company has been in operation for over 68 years.
Registered with ROC Chennai under CIN U27209TN1958PLC003651.
Capital: an authorised share capital of ₹2.45 Cr and a paid-up capital of ₹1.91 Cr. It is led by directors including Mandakolathur Sivakaminathan Seshadri and Rajagopal Sowmithri.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 21C A R K Colony Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.48 Lakh, reflecting significant growth compared to the previous year.
It operates as a subsidiary of Wesco Engineers Ltd.
As per MCA filings, the company has open charges of ₹1.17 Cr and satisfied charges of ₹9.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered Address21C A R K Colony Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018
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IndustryMetal & Minerals, Metalworking
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
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Business Activity of Coromandel Steels Ltd
Coromandel Steels Ltd 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 |
Business activity turnover details for Coromandel Steels Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Coromandel Steels Ltd
Coromandel Steels Ltd is audited by P RAJAGOPALAN AND CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P RAJAGOPALAN AND CO | Locked | Locked | Locked |
Complete auditor history for Coromandel Steels Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Coromandel Steels Ltd
Coromandel Steels Ltd is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mandakolathur Sivakaminathan Seshadri
Also directs:
Spheroidal Castings Limited, Vellore Electric Corporation Ltd
|
Director | 05 Nov 2018 | 7 Years 9 Months | Current |
|
Rajagopal Sowmithri
Also directs:
Spheroidal Castings Limited, Wesco Engineers Ltd
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Director | 01 Mar 2004 | 22 Years 5 Months | Current |
| Korukkai Ramachandran Visweswaran | Director | 06 May 1987 | 39 Years 3 Months | Current |
Financials of Coromandel Steels Ltd FY 2025 filings available
Coromandel Steels Ltd reported revenue of ₹51.48 Lakh (up 1142.00% YoY) for FY 2025.
Ten-year financial statements for Coromandel Steels Ltd
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Coromandel Steels Ltd
Shareholding and ownership data for Coromandel Steels Ltd
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Charges & Borrowings of Coromandel Steels Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 1989 | Bank of India | ₹83.39 Lakh | Open |
| 20 Nov 1980 | Bank of India | ₹6.2 Lakh | Open |
| 12 Dec 1977 | Bank of India | ₹22.51 Lakh | Open |
| 20 Aug 1974 | Bank of India | ₹44,000 | Open |
| 01 Jul 1974 | Bank of India | ₹44,000 | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Coromandel Steels Ltd
View historical data on people associated with Coromandel Steels Ltd, including employment history and EPFO contributions.
Employee and EPFO history for Coromandel Steels Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Coromandel Steels Ltd
GST registrations and filing compliance for Coromandel Steels Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Coromandel Steels Ltd
Credit ratings, litigation, and regulatory alerts for Coromandel Steels Ltd
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MSME Payment Delays by Coromandel Steels Ltd
MSME payment history for Coromandel Steels Ltd
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Subsidiaries & Group Companies of Coromandel Steels Ltd
Corporate group structure for Coromandel Steels Ltd
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- Parent company
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MCA Filings & Documents of Coromandel Steels Ltd
MCA filings and documents for Coromandel Steels Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Coromandel Steels Ltd
Frequently Asked Questions about Coromandel Steels Ltd
Coromandel Steels Ltd is an active public limited company in the metal and minerals sector based in Chennai, Tamil Nadu, India. It was incorporated on 10 June 1958 (68+ years old) and is registered under CIN U27209TN1958PLC003651.
Coromandel Steels Ltd reported revenue of ₹51.48 Lakh for FY 2025 (up 1142.00% YoY).
The current directors of Coromandel Steels Ltd are:
- Mandakolathur Sivakaminathan Seshadri - Director
- Rajagopal Sowmithri - Director
- Korukkai Ramachandran Visweswaran - Director
The primary industry of Coromandel Steels Ltd is metal and minerals. The company specifically operates in metalworking. The company is currently active in this sector.
Coromandel Steels Ltd can be reached at the registered office: 21C A R K Colony Eldams Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
The authorised capital is ₹2.45 Cr, and the paid-up capital is ₹1.91 Cr.