Ferro Scrap Nigam Limited - Company Profile

It is a metal & minerals private limited union government company based in Durg, Chattisgarh, India, established in 1989.

1989 Durg, Chattisgarh, India Active

Last Updated: November 28, 2023

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About Ferro Scrap Nigam Limited

Ferro Scrap Nigam Limited, a active private limited union government company, was established on 12 September 1989 in Durg, Chattisgarh, India. Engaging in iron & steel within the manufacturing sector, it holds CIN: U27102CT1989GOI005468. Registered under ROC Roc-Chhattisgarh. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹32.00 Cr.

It upholds a compliant status. Employing 537 professional, Its leadership includes Surinder Kumar Gupta (Managing Director), Arun Kumar Kailoo (Director). Past directors included Samarendra Nath Srinivasan Khandulan, Ashok Kumar Upneja, Satadal Mitra. It holds ₹3.65 Cr open charges and ₹11.00 Cr settled loans. Its latest AGM occurred on 05 September 2023, with the balance sheet filed on 31 March 2023. It is based at Fsnl Bhawan, Equipment Chowk, Central Avenue, Bhilai, Dist.Durg, Chattisgarh, 490001.

Company Details

CIN/LLPIN
U27102CT1989GOI005468
Registration Number
005468
Incorporation Date
12 September 1989
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹32.00 Cr
ROC Code
Roc-Chhattisgarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 28-11-2023
Paid Up Capital ₹ 32.00 Cr as on 28-11-2023
Company Age 36 Year, 5 Months
Last Filing with ROC 31 Mar 2023
Open Charges ₹ 3.65 Cr as on 28-11-2023
Satisfied Charges ₹ 11.00 Cr as on 28-11-2023
Revenue Growth **** 13.82% (FY 2022)
Profit Growth **** 77.43% (FY 2022)
Ebitda **** 66.51% (FY 2022)
Net Worth -6.46% (FY 2022)
Total Assets **** 0.21% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Ferro Scrap Nigam Limited — 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 Ferro Scrap Nigam Limited?

Current Directors

Name	Designation	Appointment Date	Status
Surinder Kumar Gupta	Managing Director	31 Jan 2020	Current
Arun Kumar Kailoo	Director	02 Jul 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Dec 2014	Past
Pramod Abcsdd	Director	03 Sep 2010	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Managing Director	-	Past
Pramod Abcsdd	Director	02 Jul 2020	Past
Pramod Abcsdd	Managing Director	01 Jul 2008	Past

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Financial Performance of Ferro Scrap Nigam.

Ferro Scrap Nigam Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.82% increase. The company also saw a substantial improvement in profitability, with a 77.43% increase in profit. The company's net worth dipped by a decrease of 6.46%.

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

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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

********

13.82%

*******

Revenue from Operations

*******

14.97%

*******

Total Assets

*******

0.21%

*******

Profit or Loss

*******

77.43%

*******

Net Worth

*******

-6.46%

*******

EBITDA

*******

66.51%

*******

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What is the Ownership and Shareholding Structure of Ferro Scrap Nigam?

In 2021, Ferro Scrap Nigam 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)

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

₹36,523,141.00

Satisfied Charges

₹110,000,000.00

Charges Breakdown by Lending Institutions

Steel Authority Of India Ltd. : 3.65 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Mar 1990	Steel Authority Of India Ltd.	₹3.65 Cr	Open
22 Apr 1999	Bank Of Baroda	₹4.00 Cr	Satisfied
22 Apr 1999	Bank Of Baroda	₹1.00 Cr	Satisfied
29 Sep 1995	Bank Of India	₹6.00 Cr	Satisfied

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How Many Employees Work at Ferro Scrap Nigam?

Ferro Scrap Nigam has a workforce of 459 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ferro Scrap Nigam, 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 Ferro Scrap Nigam's trajectory.

Rating

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Alerts

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 Ferro Scrap Nigam

Recent Activity within the Organization

Annual General Meeting

Progress on Ferro Scrap Nigam Limited last Annual general meeting of members was held on 05 Sep 2023 as per latest MCA records. was documented.
05 Sep 2023
Director Appointment

Sumit Kumar Roy was appointed as a CFO(KMP) was appointed as a CFO(KMP) on 18 May 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.
18 May 2023
Balance Sheet

Progress on Ferro Scrap Nigam Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Chhattisgarh. was documented.
31 Mar 2023
Director Appointment

The activity Arun Kumar Kailoo was appointed as a Director was appointed as a Director on 02 Jul 2020 & has been associated with this company since 5 years 8 months . was completed.
02 Jul 2020
Director Appointment

Surinder Kumar Gupta was appointed as a Managing Director was appointed as a Managing Director on 31 Jan 2020 & has been associated with this company since 6 years 1 month . was recorded as a recent event.
31 Jan 2020
Charges

Progress on A charge registered on 22 Apr 1999 via Charge ID 80025305 with Bank Of Baroda was fully satisfied on 29 Nov 2019. was documented.
29 Nov 2019

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