Sheetal Steels Private Limited

Founded in 1994 and headquartered in Maharashtra, India.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Sheetal Steels Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.05 M
  • Revenue Growth 52.66%
  • Profit Growth 48.94%
  • Ebitda -45.69%
  • Net Worth 19.49%
  • Total Assets 66.97%

About Sheetal Steels

Sheetal Steels Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 1994 and has a history of 30 years and 11 months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.05 M.

Kamla Bafna, Shashank Bafna, and Ashok Bafna serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51420MH1994PTC076799

  • Company No.

    076799

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Sheetal Steels Private Limited offer?

Sheetal Steels Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Steel Pipes, Stainless Steel Pipes, Stainless Steel ERW Pipe, Seamless Stainless Steel Pipe, Alloy Pipe, Inconel Pipe, Steel Rods, Stainless Steel Rods, Stainless Steel Sheet.

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

Board Members (3)

NameDesignationAppointment DateStatus
Kamla Bafna Country flag representing In Additional Director 01-Oct-2014Current
Shashank Bafna Country flag representing In Director 03-Jun-2019Current
Ashok Bafna Country flag representing In Director 25-Feb-1994Current

Financial Performance of Sheetal Steels.

Sheetal Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.66% increase. The company also saw a substantial improvement in profitability, with a 48.94% increase in profit. The company's net worth Soared by an impressive increase of 19.49%.

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
52.66%
Revenue from Operations
53.15%
Total Assets
66.97%
Profit or Loss
48.94%
Net Worth
19.49%
EBITDA
-45.69%

What is the Ownership and Shareholding Structure of Sheetal Steels?

In 2020, Sheetal Steels had a promoter holding of 12.50% and a public holding of 87.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
22 Oct 2021Canara Bank₹1.05 MOpen

How Many Employees Work at Sheetal Steels?

Unlock and access historical data on people associated with Sheetal 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 Sheetal 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 Sheetal 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 Sheetal Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 1.05 M with Charge ID 100534235 was registered on 22 Oct 2021.

    22 Oct 2021

  • Director Appointment

    Shashank Ashok Bafna was appointed as a Director was appointed as a Director on 03 Jun 2019 & has been associated with this company since 5 years 8 months .

    03 Jun 2019

  • Director Appointment

    Kamla Ashok Bafna was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2014 & has been associated with this company since 10 years 4 months .

    01 Oct 2014

  • Director Appointment

    Ashok Mulchand Bafna was appointed as a Director was appointed as a Director on 25 Feb 1994 & has been associated with this company since 30 years 11 months .

    25 Feb 1994

Frequently asked questions

  • Sheetal Steels Private Limited was incorporated on 25 Feb 1994.

  • The authorized share capital of Sheetal Steels Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Sheetal Steels Private Limited.

    • Kamla Ashok Bafna
    • Shashank Ashok Bafna
    • Ashok Mulchand Bafna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sheetal Steels Private Limited is Room No. 4 1St Flr Plot 129 Kika Street Gulalwadi, India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Sheetal Steels Private Limited is U51420MH1994PTC076799 and the company number is 076799 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sheetal Steels Private Limited has risen by 52.66%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sheetal Steels Private Limited has experienced an upsurge of 19.49%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sheetal Steels Private Limited amount to ₹ 1.05 M.

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

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