Shasthaa Steels Private Limited

Produces steel ingots and semi-finished steel products since 2003 in Kerala.

2003 | Palakkad, Kerala (India) | Active
Last Updated:

Shasthaa Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.59 Cr
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.70 Cr
  • Revenue Growth 40.37%
  • Profit Growth -1392.60%
  • Ebitda -190.22%
  • Net Worth -11.33%
  • Total Assets -11.16%

About Shasthaa Steels

Shasthaa Steels Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 2003 and has a history of 21 years and four months. Its registered office is in Palakkad, Kerala, India.

The Corporate was formerly known as Shastha Steels Private Limited. 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 2.00 Cr and a paid-up capital of Rs 1.59 Cr.

The company currently has active open charges totaling ₹22.70 Cr.

Rangasamy Elangovan and Elangovan Kamalaveni serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104KL2003PTC016578

  • Company No.

    016578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals
Company report

Shasthaa Steels Private Limited

Explore comprehensive data for Shasthaa Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Rangasamy Elangovan Country flag representing In Director 30-Oct-2003Current
Elangovan Kamalaveni Country flag representing In Director 30-Oct-2003Current

Financial Performance of Shasthaa Steels.

Shasthaa Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.37% increase. The company also saw a substantial fall in profitability, with a 1392.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.33%.

Shasthaa Steels revenue growth over time
Shasthaa Steels 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
40.37%
Revenue from Operations
37.91%
Total Assets
-11.16%
Profit or Loss
-1392.60%
Net Worth
-11.33%
EBITDA
-190.22%

What is the Ownership and Shareholding Structure of Shasthaa Steels?

In 2023, Shasthaa Steels had a promoter holding of 8.76% and a public holding of 91.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Federal Bank Limited : 22.59 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
04 Dec 2012Hdfc Bank Limited₹1.08 MOpen
27 Mar 2004The Federal Bank Limited₹20.34 CrOpen
27 Mar 2004The Federal Bank Limited₹2.25 CrOpen

How Many Employees Work at Shasthaa Steels?

Shasthaa Steels has a workforce of 3 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.

Employee growth trends for Shasthaa Steels Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Shasthaa Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge with The Federal Bank Limited of Rs. 20.34 Cr registered on 27 Mar 2004 with Charge ID 80013783 was modified on 30 Sep 2015.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 10400354 was registered on 04 Dec 2012.

  • Charges

    A charge with The Federal Bank Limited of Rs. 2.25 Cr registered on 27 Mar 2004 with Charge ID 90019750 was modified on 19 Oct 2005.

  • Charges

    A charge with The Federal Bank Limited amounted to Rs. 2.25 Cr with Charge ID 90019750 was registered on 27 Mar 2004.

Frequently asked questions

  • What is the Incorporation or founding date of Shasthaa Steels Private Limited?

    Shasthaa Steels Private Limited was incorporated on 30 Oct 2003.

  • What is authorized share capital and paid-up capital of Shasthaa Steels Private Limited?

    The authorized share capital of Shasthaa Steels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.59 Cr.

  • Who are the current board members & directors of Shasthaa Steels Private Limited?

    Currently 2 directors are associated with Shasthaa Steels Private Limited.

    • Rangasamy Elangovan
    • Elangovan Kamalaveni
  • What is the registered address of Shasthaa Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shasthaa Steels Private Limited is Nidanew Industrial Development Area374/Pt Kanjikode P O India, Palakkad, Kerala, 678621.

  • What is the corporate identification number (CIN) and company number of Shasthaa Steels Private Limited?

    The corporate identification number (CIN) of Shasthaa Steels Private Limited is U27104KL2003PTC016578 and the company number is 016578 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Shasthaa Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shasthaa Steels Private Limited has risen by 40.37%.

  • How many employees does Shasthaa Steels Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Shasthaa Steels Private Limited.

  • What change has been observed in the net worth of Shasthaa Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shasthaa Steels Private Limited has experienced an downturn of -11.33%.

  • What are the total open charges for Shasthaa Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shasthaa Steels Private Limited amount to ₹ 22.70 Cr.

  • When was the last Balance Sheet of Shasthaa Steels Private Limited filed with the ROC?

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

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