About Facor Steels Limited
Data last updated: 24 June 2025
Facor Steels Limited is a public limited company based in Nagpur, 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 specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 13 May 2004, the company has been in operation for over 22 years.
Registered with ROC Mumbai under CIN L27100MH2004PLC146283. Listed.
Capital: an authorised share capital of ₹60 Cr and a paid-up capital of ₹53.43 Cr. It is led by directors including Vinodkumar Vithaldasji Saraf and Champaka Rangachari.
Last AGM: 28 September 2015. Financial statements filed for year ended 31 March 2015. Office: 46 – A & B Midc Ind. Estate Hingna Road Hingana Road, Nagpur, Maharashtra, India – 440028.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.89 Cr, a decline of 94% compared to the previous year.
The company has a workforce of approximately 11 employees as per the latest available data.
The company is associated with 1 brand - Facor Steel. As per MCA filings, the company has open charges of ₹154.25 Cr and satisfied charges of ₹67.13 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is facorsteel.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social MediaLocked
-
Registered Address46 – A & B Midc Ind. Estate Hingna Road Hingana Road, Nagpur, Maharashtra, India – 440028
-
IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Facor Steels Limited
Facor Steels Limited operates one associated brand: Facor Steel. These brands represent Facor Steels Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Steel and steel products are manufactured by Facor Steel. | facorsteel.com |
Auditor Details of Facor Steels Limited
Facor Steels Limited is audited by SALVE & Co. for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SALVE & Co. | Locked | Locked | Locked |
Complete auditor history for Facor Steels Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Facor Steels Limited
Facor Steels Limited is currently managed by 8 directors, with 14 former directors 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 |
|---|---|---|---|---|
|
Vinodkumar Vithaldasji Saraf
Also directs:
Sequential Advisors Llp, Fal Power Ventures Private Limited, Shree Ram Durga Prasad Ores Private Limited and 4 more
|
Managing Director | 01 Aug 2004 | 22 Years 0 Months | As last reported |
| Champaka Rangachari | Director | 30 Mar 2015 | 11 Years 4 Months | As last reported |
| Narayan Das Saraf | Director | 28 Apr 2006 | 20 Years 3 Months | As last reported |
| Keshaorao Atmaram Pardhi | Director | 18 Apr 2014 | 12 Years 3 Months | As last reported |
|
Anand Sadashiv Kapre
Also directs:
Sunflag Iron And Steel Co Ltd
|
Director | 20 Jul 2004 | 22 Years 0 Months | As last reported |
| Mohandas Adige Shenoy | Director | 07 Nov 2011 | 14 Years 9 Months | As last reported |
Financials of Facor Steels Limited FY 2015 filings available
Facor Steels Limited reported revenue of ₹1.89 Cr (down 94.00% YoY) for FY 2016.
Ten-year financial statements for Facor Steels Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Facor Steels Limited
Shareholding and ownership data for Facor Steels Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Facor Steels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2009 | Bank of India as Lead Consortium Bank | ₹142.4 Cr | Open |
| 24 Jun 2008 | Indian Overseas Bank | ₹11.85 Cr | Open |
| 28 Jul 2006 | State Bank of Bikaner & Jaipur | ₹2.63 Cr | Satisfied |
| 26 Dec 2005 | Syndicate Bank | ₹8.55 Cr | Satisfied |
| 29 Oct 2005 | State Bank of India | ₹15 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Facor Steels Limited
View historical data on people associated with Facor Steels Limited, including employment history and EPFO contributions.
Employee and EPFO history for Facor Steels Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Facor Steels Limited
GST registrations and filing compliance for Facor Steels Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Facor Steels Limited
Credit ratings, litigation, and regulatory alerts for Facor Steels Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Facor Steels Limited
MSME payment history for Facor Steels Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Facor Steels Limited
Corporate group structure for Facor Steels Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Facor Steels Limited
MCA filings and documents for Facor Steels Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Facor Steels Limited
Frequently Asked Questions about Facor Steels Limited
Facor Steels Limited 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.
Facor Steels Limited is a company under liquidation, formerly operating as a public limited company in the metals and minerals sector based in Nagpur, Maharashtra, India. It was incorporated on 13 May 2004 and is registered under CIN L27100MH2004PLC146283. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Facor Steels Limited reported revenue of ₹1.89 Cr for FY 2016 (down 94.00% YoY).
The current directors of Facor Steels Limited are:
- Vinodkumar Vithaldasji Saraf - Managing Director
- Champaka Rangachari - Director
- Narayan Das Saraf - Director
- Keshaorao Atmaram Pardhi - Director
- Anand Sadashiv Kapre - Director
- Mohandas Adige Shenoy - Director
- Mahendra Bhawanji Thaker - Director
- Anurag Murlidharji Saraf - Director
The CIN (Corporate Identification Number) of Facor Steels Limited is L27100MH2004PLC146283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Facor Steels Limited is a listed company.