Shaifali Steels Limited

Manufacturer of alloy steel and SG iron castings for various industries, with large production capacity.

1994 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: December 21, 2024

Shaifali Steels Profile

Key Indicators

  • Authorised Capital ₹ 10.80 Cr
  • Paid Up Capital ₹ 8.55 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 171.72 Cr
  • Revenue Growth 14.56%
  • Profit Growth 113.89%
  • Ebitda 263.31%
  • Net Worth 13.31%
  • Total Assets -4.68%

About Shaifali Steels

Shaifali Steels Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 December 1994 and has a history of 30 years and two months. Its registered office is in Gandhi Nagar, Gujarat, India.

The Company is engaged in the Manufacturing 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 10.80 Cr and a paid-up capital of Rs 8.55 Cr.

The company has closed loans amounting to ₹171.72 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kuldipsinh Rathod, Rajesh Shah, and Siyaram Prajapati serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shaifalisteelsltd.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1994PLC023962

  • Company No.

    023962

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Shaifali Steels Limited offer?

Shaifali Steels Limited offers a wide range of products and services, including Die Casting & Investment Castings, Metal Castings, Industrial Casting, Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Steel & Stainless Steel Products, Industrial Steel, Clamps and Clamping Equipment, Clamps, Piston & Crankshaft Assemblies.

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

Board Members (3)

NameDesignationAppointment DateStatus
Kuldipsinh Rathod Country flag representing In Additional Director 08-Oct-2024Current
Rajesh Shah Country flag representing In Director 28-Dec-2021Current
Siyaram Prajapati Country flag representing In Director 27-May-2024Current

Financial Performance of Shaifali Steels.

Shaifali Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.56% increase. The company also saw a substantial improvement in profitability, with a 113.89% increase in profit. The company's net worth Soared by an impressive increase of 13.31%.

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
14.56%
Revenue from Operations
17.00%
Total Assets
-4.68%
Profit or Loss
113.89%
Net Worth
13.31%
EBITDA
263.31%

What is the Ownership and Shareholding Structure of Shaifali Steels?

In 2023, Shaifali 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

₹0

Satisfied Charges

₹171.72 Cr

Charges Breakdown by Lending Institutions

  • Others : 86.86 Cr
  • Union Bank Of India : 51.96 Cr
  • Statebankofindia : 20.90 Cr
  • Dena Bank : 10.00 Cr
  • Development Credit Bank Ltd : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2009Others₹35.00 CrSatisfied
30 Nov 2009Union Bank Of India₹13.50 CrSatisfied
31 Jul 2008Dena Bank₹10.00 CrSatisfied
20 Nov 2007Others₹25.93 CrSatisfied
24 Apr 2007Others₹25.93 CrSatisfied

How Many Employees Work at Shaifali Steels?

Unlock and access historical data on people associated with Shaifali Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shaifali 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 Shaifali 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 Shaifali Steels

Recent activity within the organization

  • Charges

    A charge registered on 30 Nov 2009 via Charge ID 10193700 with Union Bank Of India was fully satisfied on 17 Oct 2024.

    17 Oct 2024

  • Director Appointment

    Kuldipsinh Bhavarsinh Rathod was appointed as a Additional Director was appointed as a Additional Director on 08 Oct 2024 & has been associated with this company since 4 months 19 days .

    08 Oct 2024

  • Charges

    A charge registered on 24 Dec 2009 via Charge ID 10196120 with Others was fully satisfied on 04 Oct 2024.

    04 Oct 2024

  • Charges

    A charge registered on 20 Nov 2007 via Charge ID 10078148 with Others was fully satisfied on 04 Oct 2024.

    04 Oct 2024

  • Charges

    A charge registered on 24 Apr 2007 via Charge ID 10055628 with Others was fully satisfied on 04 Oct 2024.

    04 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

Frequently asked questions

  • Shaifali Steels Limited was incorporated on 23 Dec 1994.

  • The authorized share capital of Shaifali Steels Limited is ₹ 10.80 Cr and paid-up capital is ₹ 8.55 Cr.

  • Currently 3 directors are associated with Shaifali Steels Limited.

    • Kuldipsinh Bhavarsinh Rathod
    • Rajesh Anopchand Shah
    • Siyaram Prajapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shaifali Steels Limited is Block No 1563/Pvill Santej Kalol India, Gandhinagar, Gujarat, 382721.

  • The corporate identification number (CIN) of Shaifali Steels Limited is U27109GJ1994PLC023962 and the company number is 023962 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shaifali Steels Limited is https://www.shaifalisteelsltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shaifali Steels Limited has risen by 14.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shaifali Steels Limited has experienced an upsurge of 13.31%.

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

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