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:
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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 2025, with the balance sheet filed on 31 March 2025. It is based at 21C A R K Colony, Eldams Road Alwarpet, Chennai, Tamil Nadu, 600018.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 2.45 Cr
  • Paid Up Capital ₹ 1.91 Cr
  • Company Age 68 Year, 18 Days
  • Last Filing with ROC 31 Mar 2025
  • 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Mandakolathur Sivakaminathan Seshadri Director 05 Nov 2018 Current
Rajagopal Sowmithri Director 01 Mar 2004 Current
Korukkai Ramachandran Visweswaran Director 06 May 1987 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Apr 2019 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -100.00%
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*******
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -99.92%
*******
*******
*******
*******
Profit or Loss
*******
 -100.03%
*******
*******
*******
*******
Net Worth
*******
 -99.93%
*******
*******
*******
*******
EBITDA
*******
 99.99%
*******
*******
*******
*******

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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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
22 Feb 1989 Bank Of India ₹8.34 M Open
20 Nov 1980 Bank Of India ₹0.62 M Open
12 Dec 1977 Bank Of India ₹2.25 M Open
20 Aug 1974 Bank Of India ₹0.04 M Open
01 Jul 1974 Bank Of India ₹0.04 M Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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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 2025 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 2025 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 7 months . was completed.

  • Charges

    The activity A charge registered on 24 Dec 2007 via Charge ID 10084090 with Axis Bank Limited was fully satisfied on 12 May 2017. was completed.

  • 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

    Progress on 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 documented.

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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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