Shashank Steel Industries Pvt Ltd

Provides clearing and forwarding services and manufactures nuts, bolts, screws, and other steel products.

1973 | Delhi (India) | Active
Last Updated: December 26, 2024

Shashank Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.70 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 52 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.91 M
  • Satisfied Charges ₹ 2.30 M
  • Revenue Growth 42.13%
  • Profit Growth 105.34%
  • Ebitda 70.56%
  • Net Worth 22.55%
  • Total Assets 24.78%

About Shashank Steel Industries

Shashank Steel Industries Pvt Ltd (SSIPL) was founded in India on 06 February 1973 and has a glorious history of 52 years . Its registered office is in Delhi, India.

The Company is engaged in the Transport And Logistics 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 0.70 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹1.91 M. The company has closed loans amounting to ₹2.30 M, as per Ministry of Corporate Affairs (MCA) records.

Shashank Raizada, Piyush Raizada, Amita Raizada, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1973PTC006469

  • Company No.

    006469

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics
Financial Services

Who are the key members and board of directors at Shashank Steel Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Shashank Raizada Country flag representing In Managing Director06-Feb-1973Current
Piyush Raizada Country flag representing In Managing Director03-May-1983Current

Board Members (5)

NameDesignationAppointment DateStatus
Amita Raizada Country flag representing In Director 01-Aug-1992Current
Shashwat Raizada Country flag representing In Director 01-Nov-1993Current
Shantanu Raizada Country flag representing In Director 07-Mar-2005Current
Aparna Raizada Country flag representing In Director 01-Aug-1992Current
Gaurang Raizada Country flag representing In Director 01-Apr-2022Current

Financial Performance of Shashank Steel Industries.

Shashank Steel Industries Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 42.13% increase. The company also saw a substantial improvement in profitability, with a 105.34% increase in profit. The company's net worth Soared by an impressive increase of 22.55%.

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
42.13%
Revenue from Operations
25.83%
Total Assets
24.78%
Profit or Loss
105.34%
Net Worth
22.55%
EBITDA
70.56%

What is the Ownership and Shareholding Structure of Shashank Steel Industries?

Unlock access to Shashank Steel Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.91 M

Satisfied Charges

₹2.30 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2023Hdfc Bank Limited₹1.91 MOpen
11 Sep 2013Bank Of India₹0.80 MSatisfied
27 Jan 2000Bank Of India₹1.50 MSatisfied

How Many Employees Work at Shashank Steel Industries?

Shashank Steel Industries has a workforce of 142 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 Shashank Steel Industries, 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 Shashank Steel Industries'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 Shashank Steel Industries

Recent activity within the organization

  • Annual General Meeting

    Shashank Steel Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shashank Steel Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.91 M with Charge ID 100820578 was registered on 01 Nov 2023.

    01 Nov 2023

  • Director Appointment

    Gaurang Raizada was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge registered on 27 Jan 2000 via Charge ID 80052663 with Bank Of India was fully satisfied on 18 Nov 2021.

    18 Nov 2021

  • Charges

    A charge registered on 11 Sep 2013 via Charge ID 10450484 with Bank Of India was fully satisfied on 15 Nov 2019.

    15 Nov 2019

Frequently asked questions

  • Shashank Steel Industries Pvt Ltd was incorporated on 06 Feb 1973.

  • The authorized share capital of Shashank Steel Industries Pvt Ltd is ₹ 0.70 M and paid-up capital is ₹ 0.30 M.

  • Currently 7 directors are associated with Shashank Steel Industries Pvt Ltd.

    • Shashank Raizada
    • Piyush Raizada
    • Amita Raizada
    • Shashwat Raizada
    • Shantanu Raizada
    • Aparna Raizada
    • Gaurang Raizada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shashank Steel Industries Pvt Ltd is Delite Theatre Buildingasafali Road India, New Delhi, 110002.

  • The corporate identification number (CIN) of Shashank Steel Industries Pvt Ltd is U74899DL1973PTC006469 and the company number is 006469 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shashank Steel Industries Pvt Ltd has risen by 42.13%.

  • As Per 2022 financial reports, 142 employees are currently employed by Shashank Steel Industries Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shashank Steel Industries Pvt Ltd has experienced an upsurge of 22.55%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shashank Steel Industries Pvt Ltd amount to ₹ 1.91 M.

  • The most recent Balance Sheet for Shashank Steel Industries Pvt Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Real Estate Financing