Ferromin Sales Private Limited

Ferromin Sales Private Limited - metals and minerals in Sandur, Karnataka, India. FY 2026 financials & compliance.
CIN U13209KA2008PTC047598 Incorporated 27 August 2008 ROC Bangalore HQ Sandur, Karnataka, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹2.15 Cr
▲ 22% YoY
Net loss · FY 2025
₹20.87 Cr
Latest filing
EBITDA · FY 2025
-₹20.37 Cr
Latest filing
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
6
As per MCA filings
Active GSTINs
1
of 2 registered

About Ferromin Sales Private Limited

Data last updated:

Ferromin Sales Private Limited is a private limited company based in Sandur, Karnataka, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 27 August 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U13209KA2008PTC047598. Its GSTIN is 29AABCF2790E2ZM (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Lakh. It is led by directors including Kurugod Shettar Vikas and Kurugod Setra Mayurnath.

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.2/138 Vesco House Bellary Road, Sandur, Karnataka, India – 583119.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.15 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹20.87 Cr and EBITDA of -₹20.37 Cr. Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 9% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U13209KA2008PTC047598
Registration Number 047598
Incorporation Date 27 August 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Ferromin Sales Private Limited's registered office is in Sandur, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.2/138 Vesco House Bellary Road, Sandur, Karnataka, India – 583119
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Ferromin Sales Private Limited, buy the company report.

Comprehensive company report
Ferromin Sales Private Limited - one report that includes everything
  • 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
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Financials of Ferromin Sales Private Limited

FY 2025 filings available

Ferromin Sales Private Limited reported revenue of ₹2.15 Cr (up 22% YoY) for FY 2025.

Revenue · FY 2025
₹2.15 Cr ▲ 22%
Net loss · FY 2025
₹20.87 Cr
EBITDA · FY 2025
-₹20.37 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 19%
5 years · compounded
▲ 9%
EBITDA CAGR growth
3 years · compounded
▼ 173%
5 years · compounded
▼ 76%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 22% growth in the latest year. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹20.37 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.87 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ferromin Sales Private Limited, buy the company report.

Board of directors of Ferromin Sales Private Limited

Ferromin Sales has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kurugod Shettar VikasDirector14 Jul 20224 Years 3 MonthsCurrent
Kurugod Setra MayurnathDirector27 Aug 200818 Years 2 MonthsCurrent
Vinayak Kurugod ShettarDirector27 Aug 200818 Years 2 MonthsCurrent
Kurugod Shettar ShivakumarDirector27 Aug 200818 Years 2 MonthsCurrent
Kurugod Shettar RaviDirector27 Aug 200818 Years 2 MonthsCurrent
Kurugod Shettar NikhilDirector14 Jul 20224 Years 3 MonthsCurrent

Auditor

Ferromin Sales Private Limited is audited by K RAJA SEKHAR & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
K RAJA SEKHAR & COFY 2022011729S

Shareholding

The shareholding of Ferromin Sales Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ferromin Sales Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ferromin Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ferromin Sales has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AABCF2790E2ZMKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Ferromin Sales Private Limited, buy the company report.

Recent activity

Ferromin Sales Private Limited has 10 board changes on record since 2008: 6 appointments and 4 cessations. The latest: Kurugod Shettar Nikhil ceased to be Additional Director on 29 Sep 2024.

AGM
Ferromin Sales Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ferromin Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kurugod Shettar Nikhil ceased to be Additional Director.
Ceased
Kurugod Shettar Vikas ceased to be Additional Director.
Appointed
Kurugod Shettar Nikhil was appointed as Director.
Appointed
Kurugod Shettar Vikas was appointed as Director.
Ceased
Kurugodu Shettar Nagaraj ceased to be Managing Director.
Ceased
Kurugodu Shetter Sangamanath ceased to be Director.
Appointed
Kurugod Setra Mayurnath was appointed as Director.
Appointed
Kurugod Shettar Ravi was appointed as Director.
Appointed
Kurugod Shettar Shivakumar was appointed as Director.
Appointed
Vinayak Kurugod Shettar was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Ferromin Sales is an active private limited company based in Sandur, Karnataka, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 27 August 2008 (18+ years old) and is registered under CIN U13209KA2008PTC047598.

Ferromin Sales has 6 current directors:

The latest financial statements of Ferromin Sales 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 Ferromin Sales is 29AABCF2790E2ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Ferromin Sales is U13209KA2008PTC047598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ferromin Sales was incorporated on 27 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Kurugod Shettar Nikhil ceased to be Additional Director on 29 Sep 2024. Kurugod Shettar Vikas ceased to be Additional Director on 29 Sep 2024. Kurugod Shettar Nikhil was appointed as Director on 14 Jul 2022. Ferromin Sales has 10 board changes on record in total.

The registered office of Ferromin Sales is at No.2138 Vesco House Bellary Road, Sandur, Karnataka, India – 583119.

Ferromin Sales operates in the metals and minerals industry, in the materials retail and distribution segment.

The compliance status of Ferromin Sales is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.