Seven Star Steels Limited

Manufacturer of sponge iron, billet, and power plant with 60,000 TPA capacity and Kolkata-based management.

2004 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Seven Star Steels Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 27.65 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 21.20 Cr
  • Revenue Growth -10.75%
  • Profit Growth -25.37%
  • Ebitda -16.66%
  • Net Worth 38.56%
  • Total Assets -3.47%

About Seven Star Steels

Seven Star Steels Limited (SSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 November 2004 and has a history of 20 years and two months. Its registered office is in Kolkata, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 27.65 Cr.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹21.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Seven Star Steels Limited India are Kattamuri Rao as CFO and Rahul Jain as Company Secretary. Soham Bathwal, Sweta Agarwal, Vikash Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102WB2004PLC140645

  • Company No.

    140645

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Seven Star Steels Limited offer?

Seven Star Steels Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Industrial Steel, Coal, Carbon & Charcoal, Coal, Minerals and Ores, Iron Ore.

Who are the key members and board of directors at Seven Star Steels?

Executive Team (2)

Name Designation Appointment Date Status
Kattamuri Rao Country flag representing In CFO 10-Apr-2019 Current
Rahul Jain Country flag representing In Company Secretary 18-Sep-2019 Current

Board Members (5)

Name Designation Appointment Date Status
Soham Bathwal Country flag representing In Director 15-Jul-2018 Current
Sweta Agarwal Country flag representing In Director 10-Apr-2019 Current
Vikash Agarwal Country flag representing In Director 10-Apr-2019 Current
Poonam Bathwal Country flag representing In Director 18-Sep-2007 Current
Nirmal Bathwal Country flag representing In Director 18-Sep-2007 Current

Financial Performance of Seven Star Steels.

Seven Star Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.75% decrease. The company also saw a substantial fall in profitability, with a 25.37% decrease in profit. The company's net worth Soared by an impressive increase of 38.56%.

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
-10.75%
Revenue from Operations
-10.93%
Total Assets
-3.47%
Profit or Loss
-25.37%
Net Worth
38.56%
EBITDA
-16.66%

What is the Ownership and Shareholding Structure of Seven Star Steels?

In 2023, Seven Star Steels 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 Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹21.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2023 Others ₹30.00 Cr Open
25 Jul 2019 Hdfc Bank Limited ₹2.71 M Satisfied
15 Apr 2018 Others ₹5.23 M Satisfied
09 May 2017 State Bank Of India ₹20.41 Cr Satisfied

How Many Employees Work at Seven Star Steels?

Seven Star Steels has a workforce of 271 employees as of Apr 06, 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 Seven Star 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 Seven Star 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 Seven Star Steels

Recent activity within the organization

  • Annual General Meeting

    Seven Star Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 22 Jun 2023 with Charge ID 100736086 was modified on 07 May 2024.

    07 May 2024

  • Balance Sheet

    Seven Star Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 25 Jul 2019 via Charge ID 100288823 with Hdfc Bank Limited was fully satisfied on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge registered on 09 May 2017 via Charge ID 100102007 with State Bank Of India was fully satisfied on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100736086 was registered on 22 Jun 2023.

    22 Jun 2023

Frequently asked questions

  • Seven Star Steels Limited was incorporated on 03 Nov 2004.

  • The authorized share capital of Seven Star Steels Limited is ₹ 35.00 Cr and paid-up capital is ₹ 27.65 Cr.

  • Currently 8 directors are associated with Seven Star Steels Limited.

    • Soham Bathwal
    • Kattamuri Annapurneswara Rao
    • Rahul Jain
    • Sweta Agarwal
    • Vikash Kumar Agarwal
    • Kattamuri Annapurneswara Rao
    • Poonam Bathwal
    • Nirmal Kumar Bathwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seven Star Steels Limited is Surabhi, 5Th Floor 8/1/2/ Dr. U N Brahmachari Street India, Kolkata, West Bengal, 700017.

  • The corporate identification number (CIN) of Seven Star Steels Limited is U27102WB2004PLC140645 and the company number is 140645 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seven Star Steels Limited is https://www.bathwalcorp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Seven Star Steels Limited has fallen by -10.75%.

  • As Per 2023 financial reports, 271 employees are currently employed by Seven Star Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Seven Star Steels Limited has experienced an upsurge of 38.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Seven Star Steels Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Seven Star Steels Limited was filed with the ROC on 31 Mar 2024.

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