About Sical Iron Ore Terminals Limited
Data last updated:
Sical Iron Ore Terminals Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Sical Logistics Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 05 September 2006.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U13100TN2006PLC061022. Its GSTIN is 33AAKCS5773M1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹130 Cr. It is led by directors including Neelaveni and Seshadri Rajappan.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at South India House 73 Armenian Street, Chennai, Tamil Nadu, India – 600001.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹600 Cr and satisfied charges of ₹340 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 1 case is pending. The company has 9 deals on record (4 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹78.99 Cr; the latest was in October 2017.
The last known website on record is sical.in.
Company details
Contact details
Sical Iron Ore Terminals Limited's registered office is in Chennai, Tamil Nadu. Its website is sical.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSouth India House 73 Armenian Street, Chennai, Tamil Nadu, India – 600001
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Sical Iron Ore Terminals 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 Sical Iron Ore Terminals is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Sical Iron Ore Terminals Limited, buy the company report.
Financials of Sical Iron Ore Terminals Limited
FY 2020 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Sical Iron Ore Terminals Limited, buy the company report.
Board of directors and KMP of Sical Iron Ore Terminals Limited
Sical Iron Ore Terminals Limited currently reports 4 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelaveni Also directs: Sical Saumya Mining Limited, Sical Logistics Limited., Sical Infra Assets Limited and 3 more | Director | 12 Feb 2021 | 5 Years 8 Months | As last reported |
| Ellappan Malarvannan | Nominee Director | 07 Aug 2020 | 6 Years 3 Months | As last reported |
| Suraj Modi | Nominee Director | 07 Aug 2020 | 6 Years 3 Months | As last reported |
| Subramanian Thiagarajan Also directs: Sical Logixpress Private Limited, Sical Saumya Mining Limited | Cfo | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Seshadri Rajappan Also directs: Sical Logistics Limited., Sical Mining Limited, Pristine Value Logistics Private Limited and 5 more | Director | 12 Feb 2021 | 5 Years 8 Months | As last reported |
Auditor
Sical Iron Ore Terminals Limited is audited by C N G S N & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N G S N & ASSOCIATES LLP | FY 2020 | 004915S |
Shareholding
The shareholding of Sical Iron Ore Terminals Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Sical Iron Ore Terminals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2018 | 100217351 | Idbi Trusteeship Services Limited | ₹600 Cr | Open | |
| 16 Mar 2009 | 10147504 | Unit Trust of India Investment Advisory Services Limited | ₹340 Cr | Satisfied |
To see the full charge records of Sical Iron Ore Terminals Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Sical Iron Ore Terminals Limited has 9 deals on record (4 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹78.99 Cr; the latest was in October 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Sical Logistics Limited. Seller: MMTC Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Sical Logistics Limited & R.Sivagurunathan, Sical Logistics Limited & S.Rajappan, Sicagen India Limited Seller: 4 individuals |
| Jul 2010 | Funding round | ₹15 Cr | Investors: Sicagen India Limited , MMTC Limited , L&t Transportation Infrastructure Limited |
| Dec 2009 | Funding round | ₹26 Cr | Investors: Sicagen India Limited , MMTC Limited , L&t Transportation Infrastructure Limited |
| Sep 2009 | Funding round | ₹19 Cr | Investors: Sicagen India Limited , MMTC Limited , L&t Transportation Infrastructure Limited |
To see the full deal history of Sical Iron Ore Terminals 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
Sical Iron Ore Terminals Limited has 9 court cases on record: 2 filed by Sical Iron Ore Terminals, 7 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 5 | 3 | 0 |
| High courts | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Kamarajar Port Limited | Pending |
| NCLT, Chennai | Insolvency matter | Filed against the company by Aec Electro-Mech Projects Private Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Portman India Private Limited | Disposed |
| High Court, TAMIL NADU | Company petition | Filed against the company by Siemens Ltd., | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Sical Iron Ore Terminals 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
Sical Iron Ore Terminals Limited was last rated by Icra on 30 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Dec 2020 |
To see the full credit ratings and regulatory alerts of Sical Iron Ore Terminals Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sical Iron Ore Terminals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sical Iron Ore Terminals Limited has a workforce of 30 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Sical Iron Ore Terminals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS5773M1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sical Iron Ore Terminals Limited, buy the company report.
Recent activity
Sical Iron Ore Terminals Limited has 30 board changes on record since 2007: 5 appointments and 25 cessations. The latest: Neelaveni ceased to be Additional Director on 31 Dec 2021.
26 earlier events are in the company report.
News
Frequently asked questions
Sical Iron Ore Terminals is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sical Iron Ore Terminals is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 05 September 2006 and is registered under CIN U13100TN2006PLC061022. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sical Iron Ore Terminals has 5 current directors and KMP:
- Neelaveni - Director
- Ellappan Malarvannan - Nominee Director
- Suraj Modi - Nominee Director
- Seshadri Rajappan - Director
- Subramanian Thiagarajan - Cfo
The latest financial statements of Sical Iron Ore Terminals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sical Iron Ore Terminals is U13100TN2006PLC061022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sical Iron Ore Terminals has open charges of ₹600 Cr and satisfied charges of ₹340 Cr as per latest MCA filings.
Sical Iron Ore Terminals has 9 court cases on record: 2 filed by the company and 7 filed against it. 1 is pending. Most are in the nclt.
Sical Iron Ore Terminals was incorporated on 05 September 2006. It is registered with the Registrar of Companies, Chennai.
Sical Iron Ore Terminals has 9 deals on record (4 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹78.99 Cr; the latest was in October 2017.
Neelaveni ceased to be Additional Director on 31 Dec 2021. Seshadri Rajappan ceased to be Additional Director on 31 Dec 2021. Swaminathan ceased to be Additional Director on 02 Jun 2021. Sical Iron Ore Terminals has 30 board changes on record in total.
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