Athi Sivan Steels Private Limited

Manufactures steel ingots and semi-finished steel products, part of PPS Group, established in 2008.

2008 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 15, 2024

Athi Sivan Steels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.90 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.47 Cr
  • Satisfied Charges ₹ 3.75 Cr
  • Revenue Growth 33.29%
  • Profit Growth 158.01%
  • Ebitda 2919.40%
  • Net Worth 10.00%
  • Total Assets 1.47%

About Athi Sivan Steels

Athi Sivan Steels Private Limited (ASSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 June 2008 and has a history of 16 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.90 Cr.

The company currently has active open charges totaling ₹1.47 Cr. The company has closed loans amounting to ₹3.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shahul Hakkim, Shahul Nizamudeen, Bakkir Kasim, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ppsmetals.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106TZ2008PTC014602

  • Company No.

    014602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals

Who are the key members and board of directors at Athi Sivan Steels?

Executive Team (1)

Name Designation Appointment Date Status
Bakkir Hameed Country flag representing In Managing Director 22-Nov-2010 Current

Board Members (4)

Name Designation Appointment Date Status
Afzal Shahulhameed Country flag representing In Director 01-Dec-2017 Current
Shahul Hakkim Country flag representing In Director 20-Dec-2010 Current
Shahul Nizamudeen Country flag representing In Director 20-Dec-2010 Current
Bakkir Kasim Country flag representing In Director 18-Jul-2011 Current

Financial Performance of Athi Sivan Steels.

Athi Sivan Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.29% increase. The company also saw a substantial improvement in profitability, with a 158.01% increase in profit. The company's net worth by .

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
33.29%
Revenue from Operations
33.31%
Total Assets
1.47%
Profit or Loss
158.01%
Net Worth
10.00%
EBITDA
2919.40%

What is the Ownership and Shareholding Structure of Athi Sivan Steels?

In 2021, Athi Sivan Steels had a promoter holding of 31.22% and a public holding of 68.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.47 Cr

Satisfied Charges

₹3.75 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 1.47 Cr

Latest Charge Details

Date Lender Amount Status
21 Feb 2012 Tamilnad Mercantile Bank Limited ₹1.47 Cr Open
14 Oct 2009 The Federal Bank Limited ₹3.75 Cr Satisfied

How Many Employees Work at Athi Sivan Steels?

Athi Sivan Steels has a workforce of 7 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Athi Sivan Steels, 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 Athi Sivan Steels'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.

Latest Updates, News, and FAQs on Athi Sivan Steels

Recent activity within the organization

  • Annual General Meeting

    Athi Sivan Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Athi Sivan Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 1.47 Cr registered on 21 Feb 2012 with Charge ID 10342530 was modified on 10 Jun 2020.

    10 Jun 2020

  • Director Appointment

    Afzal Raja Shahulhameed was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 7 years 2 months .

    01 Dec 2017

  • Charges

    A charge registered on 14 Oct 2009 via Charge ID 10183840 with The Federal Bank Limited was fully satisfied on 22 Feb 2012.

    22 Feb 2012

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 1.47 Cr with Charge ID 10342530 was registered on 21 Feb 2012.

    21 Feb 2012

Frequently asked questions

  • Athi Sivan Steels Private Limited was incorporated on 28 Jun 2008.

  • The authorized share capital of Athi Sivan Steels Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.90 Cr.

  • Currently 5 directors are associated with Athi Sivan Steels Private Limited.

    • Shahul Hammed Hakkim
    • Shahul Hameed Nizamudeen
    • Bakkir Mohideen Syed Kasim
    • Afzal Raja Shahulhameed
    • Bakkir Mohideen Shahul Hameed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Athi Sivan Steels Private Limited is S.F.No:622/1 Varapatty Village Velappa Naicken Palayam (Po), Sulur Tk India, Coimbatore, Tamil Nadu, 641402.

  • The corporate identification number (CIN) of Athi Sivan Steels Private Limited is U27106TZ2008PTC014602 and the company number is 014602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Athi Sivan Steels Private Limited is https://www.ppsmetals.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Athi Sivan Steels Private Limited has risen by 33.29%.

  • As Per 2022 financial reports, 7 employees are currently employed by Athi Sivan Steels Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Athi Sivan Steels Private Limited has experienced an upsurge of 10.00%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Athi Sivan Steels Private Limited amount to ₹ 1.47 Cr.

  • The most recent Balance Sheet for Athi Sivan Steels Private Limited was filed with the ROC on 31 Mar 2023.

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