About Ferromet Steels Private Limited
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Ferromet Steels Private Limited is a private limited company based in New Gummidipoondi, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U41001TN1995PTC030091. Its GSTIN is 33AAACF8124D1Z5 (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.15 Cr. It was formerly known as Srmc Exports Limited and Ferromet Steels and Recycling Private Limited. It is led by directors Rajmohan Mahalakshmi and Paseeth Mandal Sujeethkumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 80 Sathyavedu Road Kavarapettai Thandalacheri Village New Gummidipoondi, Tamil Nadu, India – 601201.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 109.6%) and EBITDA of ₹2.95 Cr (EBITDA margin 99.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹100.43 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹8.42 Cr; the latest was in April 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ferrometsteels.com.
Company details
Name history
Ferromet Steels has undergone 2 name changes throughout its history. The company was previously known as Srmc Exports Limited, and Ferromet Steels And Recycling Private Limited. The current legal name is Ferromet Steels Private Limited.
| Company Name | Status |
|---|---|
| Ferromet Steels Private Limited | Current |
| Srmc Exports Limited | Previous |
| Ferromet Steels And Recycling Private Limited | Previous |
CIN history
Ferromet Steels has one previous CIN (Corporate Identification Number): U52599TN1995PTC030091. The current CIN is U41001TN1995PTC030091, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41001TN1995PTC030091 | Current |
| U52599TN1995PTC030091 | Previous |
Contact details
Ferromet Steels Private Limited's registered office is in New Gummidipoondi, Tamil Nadu.
- Registered AddressNo 80 Sathyavedu Road Kavarapettai Thandalacheri Village New Gummidipoondi, Tamil Nadu, India – 601201
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Ferromet Steels Private Limited
FY 2025 filings availableFerromet Steels Private Limited reported revenue of ₹2.96 Cr (up 2672% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.95 Cr | ||||
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| Net Profit (PAT) | ₹3.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.7% | ||||
| Net Profit Margin | 109.6% | ||||
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To see the full financial statements and ratios of Ferromet Steels Private Limited, buy the company report.
Board of directors of Ferromet Steels Private Limited
Ferromet Steels has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajmohan Mahalakshmi Also directs: Aanya Builders LLP | Director | 02 May 2024 | 2 Years 6 Months | Current |
| Paseeth Mandal Sujeethkumar | Director | 20 Dec 2024 | 1 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2014 | 10529752 | Punjab National Bank | ₹33.8 Cr | Satisfied | |
| 23 May 2014 | 10502838 | Punjab National Bank | ₹3 Cr | Satisfied | |
| 13 Jun 2011 | 10291381 | Punjab National Bank | ₹21.72 Cr | Satisfied | |
| 17 Mar 2010 | 10211809 | Punjab National Bank | ₹40.44 Cr | Satisfied | |
| 28 Aug 2006 | 10018737 | The Jammu and Kashmir Bank Limitedq | ₹1.47 Cr | Satisfied |
To see the full charge records of Ferromet Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ferromet Steels Private Limited has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹8.42 Cr; the latest was in April 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: JJ Fincap Private Limited, Ashok Kumar Goel HUF, Earnest Achievers Private Limited Seller: Jhunjhunwala Marketing & Services Private Limited, Dixon Export & Finance Private Limited, an individual |
| Mar 2012 | Funding round | ₹3.5 Cr | Investors: Dixon Export & Finance Private Limited, JMJ Fintech Limited , Anurodh Merchandise Private Limited. |
| Jan 2012 | Funding round | ₹2 Cr | Investors: Nakodar Finance Private Limited , PG Commercials Pvt.Ltd. , Anirudh Motor & General Finance Private Limited |
| Dec 2008 | Funding round | ₹1 Cr | Investors: Siddharth Fininvest Leasing Private Limited , Kamayani Sales Promotion Pvt.Ltd. , D.R.Finance & Investments (India) Limited |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Ashok Kumar Goel HUF, 2 individuals Seller: Kamayani Sales Promotion Pvt.Ltd. , Sahuwan Motor Finance Private Limited, Siddharth Fininvest Leasing Private Limited |
To see the full deal history of Ferromet Steels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ferromet Steels Private Limited has 5 court cases on record: 5 filed by Ferromet Steels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Assistant Commissioner (CT) | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Assistant Commissioner (CT) | Disposed |
To see the full case history of Ferromet Steels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Ferromet Steels Private Limited was last rated by Icra on 22 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Jun 2022 |
To see the full credit ratings and regulatory alerts of Ferromet Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ferromet Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ferromet Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF8124D1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ferromet Steels Private Limited, buy the company report.
Recent activity
Ferromet Steels Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Paseeth Mandal Sujeethkumar ceased to be Additional Director on 29 Sep 2025.
13 earlier events are in the company report.
Frequently asked questions
Ferromet Steels is an active private limited company based in New Gummidipoondi, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 February 1995 (31+ years old) and is registered under CIN U41001TN1995PTC030091.
Ferromet Steels has 2 current directors:
- Rajmohan Mahalakshmi - Director
- Paseeth Mandal Sujeethkumar - Director
The latest financial statements of Ferromet Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ferromet Steels is 33AAACF8124D1Z5, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ferromet Steels is U41001TN1995PTC030091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ferromet Steels has 5 court cases on record: 5 filed by the company.
Ferromet Steels was incorporated on 07 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Ferromet Steels has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹8.42 Cr; the latest was in April 2023.
Paseeth Mandal Sujeethkumar ceased to be Additional Director on 29 Sep 2025. Krishna Kumar Jha ceased to be Director on 20 Dec 2024. Paseeth Mandal Sujeethkumar was appointed as Director on 20 Dec 2024. Ferromet Steels has 9 board changes on record in total.
Ferromet Steels can be reached through the website ferrometsteels.com. Its registered office is in New Gummidipoondi, Tamil Nadu, India.
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