Friends Concast Limited - Company Profile

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 2010.
2010 Ahmedabad, Gujarat, India Active
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About Friends Concast Limited

Friends Concast Limited, a active public limited company, was established on 16 February 2010 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27205GJ2010PLC108192. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.20 Cr and a paid-up capital of ₹1.16 Cr.

It upholds a compliant status. Employing 6 professional, Its leadership includes Misha Naveen Jain (Director), Binit Jagdishbhai Shah (Director), Salil Vishvas Riswadkar (Director). Past directors included Madhu Devendrakumar Goyal, Meenu Garg, Deepti Agarwal. It holds ₹5.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Survey No.-135, Behind Aashiana Rolling Mills Ltd Gidc Kerala, Taluka: Bavla, Ahmedabad, Gujarat, 382220.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U27205GJ2010PLC108192

  • Registration Number

    108192

  • Incorporation Date

    16 February 2010

  • Authorized Capital

    ₹1.20 Cr

  • Paid-Up Capital

    ₹1.16 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth **** 25.88%
  • Profit Growth **** -43.78%
  • Ebitda **** -77.19%
  • Net Worth 8.64%
  • Total Assets **** 24.70%
Company report

Friends Concast Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Friends Concast 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 Friends Concast Limited?
Current Directors
Name Designation Appointment Date Status
Misha Naveen Jain Director 25 Jan 2025 Current
Binit Jagdishbhai Shah Director 10 Aug 2015 Current
Salil Vishvas Riswadkar Director 16 Oct 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Oct 2012 Past
Pramod Abcsdd Director 22 Oct 2012 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Director 25 May 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2025 Past
Pramod Abcsdd Director 20 Nov 2015 Past

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Financial Performance of Friends Concast.

Friends Concast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.88% increase. The company also saw a substantial fall in profitability, with a 43.78% decrease in profit. The company's net worth moved up by a moderate rise of 8.64%.

Friends Concast revenue growth over time
Friends Concast profit and loss trends over time
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
  • 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
********
 25.88%
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Revenue from Operations
*******
 25.88%
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*******
*******
Total Assets
*******
 24.70%
*******
*******
*******
*******
Profit or Loss
*******
 -43.78%
*******
*******
*******
*******
Net Worth
*******
 8.64%
*******
*******
*******
*******
EBITDA
*******
 -77.19%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Friends Concast?

In 2023, Friends Concast 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)
shareholding
  • 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

₹50,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
27 Jun 2013 Canara Bank ₹5.00 Cr Open

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How Many Employees Work at Friends Concast?

Friends Concast has a workforce of 6 employees as of Apr 07, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friends Concast, 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 Friends Concast's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Friends Concast
Recent Activity within the Organization
  • Director Appointment

    Misha Naveen Jain was appointed as a Director was appointed as a Director on 25 Jan 2025 & has been associated with this company since 1 year 18 days . was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank of Rs. 5.00 Cr registered on 27 Jun 2013 with Charge ID 10438228 was modified on 24 Dec 2024. was completed.

  • Annual General Meeting

    Progress on Friends Concast Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Friends Concast Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Director Appointment

    Binit Jagdishbhai Shah was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 10 years 6 months . was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 5.00 Cr with Charge ID 10438228 was registered on 27 Jun 2013. was completed.

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Frequently Asked Questions
What is the CIN of Friends Concast Limited?

The CIN of Friends Concast Limited is U27205GJ2010PLC108192.

Where is Friends Concast Limited headquartered?

Friends Concast Limited is headquartered at Survey No.-135, Behind Aashiana Rolling Mills Ltd Gidc Kerala, Taluka: Bavla, Ahmedabad, Gujarat, 382220.

When was Friends Concast Limited incorporated?

Friends Concast Limited was incorporated on 16 February 2010.

Who are the current directors of Friends Concast Limited?

The current directors of Friends Concast Limited are

What is the primary industry of Friends Concast Limited?

The primary industry of Friends Concast Limited is Manufacturing.

Is Friends Concast Limited a listed company?

Friends Concast Limited is unlisted.

What is the capital structure of Friends Concast Limited?

The authorized capital of Friends Concast Limited is ₹1.20 Cr, and the paid-up capital is ₹1.16 Cr.

What is the compliance status of Friends Concast Limited?

The compliance status of Friends Concast Limited is Compliant.

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