Coromandel Steels Ltd Company Logo

Coromandel Steels Ltd - Company Profile

It is a metal & minerals public limited company based in Chennai, Tamil Nadu, India, established in 1958.

1958 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Coromandel Steels Ltd

Coromandel Steels Ltd, a active public limited company, was established on 10 June 1958 in Chennai, Tamil Nadu, India. Engaging in metalworking within the manufacturing sector, it holds CIN: U27209TN1958PLC003651. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.45 Cr and a paid-up capital of ₹1.91 Cr.

It upholds a compliant status. Its leadership includes Mandakolathur Sivakaminathan Seshadri (Director), Rajagopal Sowmithri (Director), Korukkai Ramachandran Visweswaran (Director). Past directors included Thanjavur Muthusamy Srinivasan. It holds ₹1.17 Cr open charges and ₹9.41 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 21C A R K Colony, Eldams Road Alwarpet, Chennai, Tamil Nadu, 600018.

Company Details

  • CIN/LLPIN

    U27209TN1958PLC003651

  • Registration Number

    003651

  • Incorporation Date

    10 June 1958

  • Authorized Capital

    ₹2.45 Cr

  • Paid-Up Capital

    ₹1.91 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.45 Cr
  • Paid Up Capital ₹ 1.91 Cr
  • Company Age 67 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.17 Cr
  • Satisfied Charges ₹ 9.41 Cr
  • Revenue Growth -100.00%
  • Profit Growth -100.03%
  • Ebitda 99.99%
  • Net Worth -99.93%
  • Total Assets -99.92%
Company report

Coromandel Steels Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Coromandel Steels Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Coromandel Steels Ltd?

Current Directors

NameDesignationAppointment DateStatus
Mandakolathur Sivakaminathan SeshadriDirector05 Nov 2018Current
Rajagopal SowmithriDirector01 Mar 2004Current
Korukkai Ramachandran VisweswaranDirector06 May 1987Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Apr 2019Past

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Financial Performance of Coromandel Steels.

Coromandel Steels Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 99.93%.

Coromandel Steels revenue growth over time
Coromandel Steels 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
-100.00%
Revenue from Operations
Total Assets
-99.92%
Profit or Loss
-100.03%
Net Worth
-99.93%
EBITDA
99.99%

What is the Ownership and Shareholding Structure of Coromandel Steels?

In 2021, Coromandel Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹11,723,100.00

Satisfied Charges

₹94,140,000.00

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.15 Cr
  • Bank Of Baroda : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 1989Bank Of India₹8.34 MOpen
20 Nov 1980Bank Of India₹0.62 MOpen
12 Dec 1977Bank Of India₹2.25 MOpen
20 Aug 1974Bank Of India₹0.04 MOpen
01 Jul 1974Bank Of India₹0.04 MOpen

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How Many Employees Work at Coromandel Steels?

Unlock and access historical data on people associated with Coromandel Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Coromandel Steels Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coromandel Steels, 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 Coromandel Steels's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Coromandel Steels

Recent Activity within the Organization

  • Annual General Meeting

    The activity Coromandel Steels Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Coromandel Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    The activity Mandakolathur Sivakaminathan Seshadri was appointed as a Director was appointed as a Director on 05 Nov 2018 & has been associated with this company since 7 years 23 days . was completed.

  • Charges

    A charge registered on 24 Dec 2007 via Charge ID 10084090 with Axis Bank Limited was fully satisfied on 12 May 2017. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 06 Oct 2003 via Charge ID 90301202 with Canara Bank was fully satisfied on 28 Jan 2011. was documented.

  • Charges

    A charge with Axis Bank Limited of Rs. 5.91 Cr registered on 24 Dec 2007 with Charge ID 10084090 was modified on 23 Mar 2009. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Coromandel Steels Ltd?

    The CIN of Coromandel Steels Ltd is U27209TN1958PLC003651.

  • Where is Coromandel Steels Ltd headquartered?

    Coromandel Steels Ltd is headquartered at 21C A R K Colony, Eldams Road Alwarpet, Chennai, Tamil Nadu, 600018.

  • When was Coromandel Steels Ltd incorporated?

    Coromandel Steels Ltd was incorporated on 10 June 1958.

  • Who are the current directors of Coromandel Steels Ltd?

    The current directors of Coromandel Steels Ltd are

  • What is the primary industry of Coromandel Steels Ltd?

    The primary industry of Coromandel Steels Ltd is Manufacturing.

  • Is Coromandel Steels Ltd a listed company?

    Coromandel Steels Ltd is unlisted.

  • What is the capital structure of Coromandel Steels Ltd?

    The authorized capital of Coromandel Steels Ltd is ₹2.45 Cr, and the paid-up capital is ₹1.91 Cr.

  • What is the compliance status of Coromandel Steels Ltd?

    The compliance status of Coromandel Steels Ltd is Compliant.

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