Shikhara Steels Private Limited

Steel manufacturing company in Telangana producing ingots, billets, and TMT bars since 2018.

2018 | Hyderabad, Telangana (India) | Active
Last Updated: July 02, 2024

Shikhara Steels Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.90 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.25 Cr
  • Revenue Growth 36.71%
  • Profit Growth -1.57%
  • Ebitda 6.12%
  • Net Worth 32.77%
  • Total Assets 52.74%

About Shikhara Steels

Shikhara Steels Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and five months 7 days old ). Its registered office is in Hyderabad, Telangana, 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 10.00 Cr and a paid-up capital of Rs 9.90 Cr.

The company currently has active open charges totaling ₹75.25 Cr.

Rakesh Veloor, Manideep Bhupathi, Vattam Mahesh, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909TG2018PTC127004

  • Company No.

    127004

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vattam Mahesh Country flag representing In Managing Director20-Sep-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Rakesh Veloor Country flag representing In Director 05-Jun-2021Current
Manideep Bhupathi Country flag representing In Director 28-Jun-2019Current
Pradeep Agarwal Country flag representing In Director 11-Nov-2020Current

Financial Performance of Shikhara Steels.

Shikhara Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.71% increase. The company also saw a slight decrease in profitability, with a 1.57% decrease in profit. The company's net worth Soared by an impressive increase of 32.77%.

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
36.71%
Revenue from Operations
36.63%
Total Assets
52.74%
Profit or Loss
-1.57%
Net Worth
32.77%
EBITDA
6.12%

What is the Ownership and Shareholding Structure of Shikhara Steels?

In 2023, Shikhara 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

₹75.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 50.25 Cr
  • Hdfc Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Oct 2023Others₹25.00 CrOpen
19 Nov 2022Hdfc Bank Limited₹25.00 CrOpen
25 Apr 2022Others₹2.48 MOpen
28 Sep 2021Others₹25.00 CrOpen

How Many Employees Work at Shikhara Steels?

Shikhara Steels has a workforce of 17 employees as of Apr 10, 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 Shikhara 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 Shikhara 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 Shikhara Steels

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100801056 was registered on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Shikhara Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 19 Nov 2022 with Charge ID 100642347 was modified on 29 May 2023.

    29 May 2023

  • Balance Sheet

    Shikhara Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100642347 was registered on 19 Nov 2022.

    19 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100578746 was registered on 25 Apr 2022.

    25 Apr 2022

Frequently asked questions

  • Shikhara Steels Private Limited was incorporated on 20 Sep 2018.

  • The authorized share capital of Shikhara Steels Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.90 Cr.

  • Currently 4 directors are associated with Shikhara Steels Private Limited.

    • Rakesh Gupta Veloor
    • Manideep Bhupathi
    • Vattam Kumar Mahesh
    • Pradeep Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shikhara Steels Private Limited is 3Rd Floor Of H.No:16-2-705/1/12 Professor'S Colony Malakpet, Hyderabad, Telangana, India, 500036.

  • The corporate identification number (CIN) of Shikhara Steels Private Limited is U51909TG2018PTC127004 and the company number is 127004 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shikhara Steels Private Limited has risen by 36.71%.

  • As Per 2023 financial reports, 17 employees are currently employed by Shikhara Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shikhara Steels Private Limited has experienced an upsurge of 32.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shikhara Steels Private Limited amount to ₹ 75.25 Cr.

  • The most recent Balance Sheet for Shikhara Steels Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing