Shardashree Ispat Limited

Produces TMT bars with 2,50,000 MT capacity, serving Tata Steel, Monnet Steel, and others.

2005 | Nagpur, Maharashtra (India) | Active
Last Updated:

Shardashree Ispat Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 71.15 Cr
  • Satisfied Charges ₹ 23.41 Cr
  • Revenue Growth -18.28%
  • Profit Growth 6.61%
  • Ebitda 6.17%
  • Net Worth 16.22%
  • Total Assets 26.73%

About Shardashree Ispat

Shardashree Ispat Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 June 2005 and has a history of 19 years and eight months. Its registered office is in Nagpur, Maharashtra, 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 21.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company currently has active open charges totaling ₹71.15 Cr. The company has closed loans amounting to ₹23.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shardashree Ispat Limited India are Anand Kathwate as CFO and Kamlesh Goyal as Company Secretary. Ram Daga, Pavan Tapadiya, Nandkishore Sarda, and Four other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2005PLC154167

  • Company No.

    154167

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Shardashree Ispat?

Executive Team (3)

NameDesignationAppointment DateStatus
Nandkishore Sarda Country flag representing In Managing Director26-Sep-2011Current
Anand Kathwate Country flag representing In CFO01-Apr-2014Current
Kamlesh Goyal Country flag representing In Company Secretary04-Mar-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Pravin Tapadia Country flag representing In Director 28-May-2022Current
Ram Daga Country flag representing In Director 22-Jun-2005Current
Pavan Tapadiya Country flag representing In Director 28-May-2022Current
Ashadevi Sarda Country flag representing In Director 27-Mar-2023Current
Anand Motghare Country flag representing In Director 26-Jun-2023Current
Vijay Sharda Country flag representing In Director 15-Nov-2010Current

Financial Performance of Shardashree Ispat.

Shardashree Ispat Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.28% decrease. The company also saw a slight improvement in profitability, with a 6.61% increase in profit. The company's net worth Soared by an impressive increase of 16.22%.

Shardashree Ispat revenue growth over time
Shardashree Ispat 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
-18.28%
Revenue from Operations
-18.15%
Total Assets
26.73%
Profit or Loss
6.61%
Net Worth
16.22%
EBITDA
6.17%

What is the Ownership and Shareholding Structure of Shardashree Ispat?

In 2023, Shardashree Ispat had a promoter holding of 53.86% and a public holding of 46.14%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.15 Cr

Satisfied Charges

₹23.41 Cr

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Operative Bank Limited : 38.55 Cr
  • Others : 32.60 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2014The Saraswat Co-Operative Bank Limited₹12.00 CrOpen
30 Mar 2013The Saraswat Co-Operative Bank Limited₹4.20 CrOpen
09 Jul 2011Others₹32.60 CrOpen
13 Jun 2007The Saraswat Co-Operative Bank Limited₹22.35 CrOpen
22 Jul 2011The Shamrao Vithal Co-Operative Bank Limited₹13.50 CrSatisfied

How Many Employees Work at Shardashree Ispat?

Shardashree Ispat has a workforce of 85 employees as of Mar 27, 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 growth trends for Shardashree Ispat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shardashree Ispat, 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 Shardashree Ispat'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 Shardashree Ispat

Recent activity within the organization

  • Annual General Meeting

    Shardashree Ispat Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Shardashree Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 32.60 Cr registered on 09 Jul 2011 with Charge ID 10304433 was modified on 28 Mar 2023.

  • Director Appointment

    Ashadevi Nandkishore Sarda was appointed as a Director was appointed as a Director on 27 Mar 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Pavan Vithaldas Tapadiya was appointed as a Director was appointed as a Director on 28 May 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge registered on 18 May 2007 via Charge ID 10058429 with Dombivali Nagari Sahakari Bank Limited. was fully satisfied on 02 Dec 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Shardashree Ispat Limited?

    Shardashree Ispat Limited was incorporated on 22 Jun 2005.

  • What is authorized share capital and paid-up capital of Shardashree Ispat Limited?

    The authorized share capital of Shardashree Ispat Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Who are the current board members & directors of Shardashree Ispat Limited?

    Currently 9 directors are associated with Shardashree Ispat Limited.

    • Ram Niwas Daga
    • Pavan Vithaldas Tapadiya
    • Nandkishore Ramniwas Sarda
    • Ashadevi Nandkishore Sarda
    • Anand Rambhauji Motghare
    • Vijay Sharda
    • Pravin Shankarrao Tapadia
    • Anand Madhukar Kathwate
    • Kamlesh Kumar Goyal

  • What is the registered address of Shardashree Ispat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shardashree Ispat Limited is E-12 Midc Industrial Area Butibori, Nagpur, Maharashtra, India, 441108.

  • What is the corporate identification number (CIN) and company number of Shardashree Ispat Limited?

    The corporate identification number (CIN) of Shardashree Ispat Limited is U27100MH2005PLC154167 and the company number is 154167 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shardashree Ispat Limited?

    The Official website of Shardashree Ispat Limited is https://www.shardashreeispat.com

  • What has been the recent revenue trend for Shardashree Ispat Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shardashree Ispat Limited has fallen by -18.28%.

  • How many employees does Shardashree Ispat Limited currently have?

    As Per 2023 financial reports, 85 employees are currently employed by Shardashree Ispat Limited.

  • What change has been observed in the net worth of Shardashree Ispat Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shardashree Ispat Limited has experienced an upsurge of 16.22%.

  • What are the total open charges for Shardashree Ispat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shardashree Ispat Limited amount to ₹ 71.15 Cr.

  • When was the last Balance Sheet of Shardashree Ispat Limited filed with the ROC?

    The most recent Balance Sheet for Shardashree Ispat Limited was filed with the ROC on 31 Mar 2023.

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