
About Ferrosco Industries Private Limited
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Ferrosco Industries Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U37100TZ2017PTC028360. Its GSTIN is 33AADCF0362Q2ZI (Tamil Nadu). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors Vibin Subramani Balamurugan (Managing Director) and Shanmugam Gopu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹63.05 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹86.3 Lakh (net margin 1.4%) and EBITDA of ₹3 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 33% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹1 Cr on record. Court records list 30 cases involving the company, including 19 filed by the company and 11 filed against it; 10 cases are pending.
Ferrosco Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0013553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ferrosco.com.
Company details
Recognitions & Rankings of Ferrosco Industries
- Category
- Small (2020-21)
- Udyam number
- UDYAM-TN-03-0013553
Contact details
Ferrosco Industries Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is ferrosco.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo 6 Nethaji Nagar, II Floor Arunchala Towers, Coimbatore, Tamil Nadu, India – 641036
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ferrosco Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ferrosco Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ferrosco Industries Private Limited, buy the company report.
Financials of Ferrosco Industries Private Limited
FY 2023 filings availableFerrosco Industries Private Limited reported revenue of ₹63.05 Cr (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA rose 9% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹63.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Ferrosco Industries Private Limited, buy the company report.
Board of directors of Ferrosco Industries Private Limited
Ferrosco Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibin Subramani Balamurugan Also directs: Srivari Alloys India Private Limited | Managing Director | 16 Nov 2023 | 2 Years 11 Months | Current |
| Shanmugam Gopu Also directs: Srivari Alloys India Private Limited | Director | 11 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Ferrosco Industries Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhandari Precision Forgings Private Limited | ₹63.97 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| Crish Metal Works Private Limited | ₹63.52 Cr (FY 2025) | -2.0% | Navi Mumbai, Maharashtra, India | |||
| Koyas Fasteners Private Limited | ₹63.28 Cr (FY 2025) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Ferrosco Industries Private Limitedthis company | ₹63.05 Cr (FY 2023) | ₹86.3 Lakh | 1.4% | -8.0% | Coimbatore, Tamil Nadu, India | |
| Rajhans Pressings Private Limited | ₹62.89 Cr (FY 2025) | 6.0% | Faridabad, Haryana, India | |||
| R.P. Alloys and Steel Forgings Private Limited | ₹62.77 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ferrosco Industries Private Limited, buy the company report.
Auditor
Ferrosco Industries Private Limited is audited by M JAYAPRAKASH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M JAYAPRAKASH | FY 2023 | 242011 |
Shareholding
The shareholding of Ferrosco Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ferrosco Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2025 | 101122343 | Others | ₹1.35 Cr | Open | |
| 28 Mar 2025 | 101099775 | Others | ₹15 Cr | Open | |
| 26 Feb 2022 | 100562738 | Hdfc Bank Limited | ₹40.84 Lakh | Open | |
| 28 Jan 2022 | 100542885 | Hdfc Bank Limited | ₹1.07 Cr | Open | |
| 23 Nov 2021 | 100504453 | Sidbi | ₹90 Lakh | Open |
To see the full charge records of Ferrosco Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Ferrosco Industries Private Limited has 30 court cases on record: 19 filed by Ferrosco Industries, 11 filed against it. 10 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 0 | 5 |
| District courts | 7 | 7 | 4 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed against the company by Opg Power Generation Private Limited | Disposed |
| District court, Dindigul, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Dindigul, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Tirunelveli, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Pending |
To see the full case history of Ferrosco Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ferrosco Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ferrosco Industries has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCF0362Q2ZI | Tamil Nadu | Active | 01 Jul 2017 |
| 33AADCF0362Q3ZH | Tamil Nadu | Active | 11 Jan 2019 |
| 33AADCF0362Q1DS | Tamil Nadu | Active | 11 Feb 2025 |
To see the full GST registrations and return filing status of Ferrosco Industries Private Limited, buy the company report.
Recent activity
Ferrosco Industries Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Muthuswamy Ganapathy Ravi ceased to be Director on 01 Dec 2023.
4 earlier events are in the company report.
Frequently asked questions
Ferrosco Industries is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U37100TZ2017PTC028360.
Ferrosco Industries has 2 current directors:
- Vibin Subramani Balamurugan - Managing Director
- Shanmugam Gopu - Director
The latest financial statements of Ferrosco Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ferrosco Industries is 33AADCF0362Q2ZI, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 33AADCF0362Q3ZH (Tamil Nadu), 33AADCF0362Q1DS (Tamil Nadu).
The CIN (Corporate Identification Number) of Ferrosco Industries is U37100TZ2017PTC028360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ferrosco Industries has 30 court cases on record: 19 filed by the company and 11 filed against it. 10 are pending. Most are in the high courts.
Ferrosco Industries was incorporated on 11 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ferrosco Industries by revenue are Bhandari Precision Forgings Private Limited, Crish Metal Works Private Limited, Koyas Fasteners Private Limited, Rajhans Pressings Private Limited, R.P. Alloys and Steel Forgings Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Muthuswamy Ganapathy Ravi ceased to be Director on 01 Dec 2023. Vibin Subramani Balamurugan was appointed as Managing Director on 16 Nov 2023. Lekshmanan Muthukrishnan ceased to be Director on 22 May 2020. Ferrosco Industries has 4 board changes on record in total.
Yes, Ferrosco Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ferrosco Industries is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0013553).