Shilpa Steel & Power Limited

Manufacturer of steel products for construction, including transmission towers and fasteners.

1988 | Nagpur, Maharashtra (India) | Active
Last Updated: December 28, 2024

Shilpa Steel & Power Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 37 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 699.25 Cr
  • Satisfied Charges ₹ 301.00 Cr
  • Revenue Growth 34.83%
  • Profit Growth 108.65%
  • Ebitda 20.95%
  • Net Worth 0.54%
  • Total Assets 6.14%

About Shilpa Steel & Power

Shilpa Steel & Power Limited (SSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 January 1988 and has a history of 37 years. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Shilpa Steel & Power Private Limited. The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹699.25 Cr. The company has closed loans amounting to ₹301.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnakumar Bagaria, Saraswati Bagaria, Shilpa Poddar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1988PLC046038

  • Company No.

    046038

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Shilpa Steel & Power Limited offer?

Shilpa Steel & Power Limited offers a wide range of products and services, including Industrial Fabrication, Pipe Fabrication Service, Industrial & Metal Fabrication, Structural Fabrication, Coating Services, Galvanizing Services.

Who are the key members and board of directors at Shilpa Steel & Power?

Executive Team (1)

Name Designation Appointment Date Status
Krishnakumar Bagaria Country flag representing In Managing Director 28-Jan-1988 Current

Board Members (5)

Name Designation Appointment Date Status
Saraswati Bagaria Country flag representing In Whole-Time Director 28-Jan-1988 Current
Shilpa Poddar Country flag representing In Director 31-Mar-2012 Current
Amit Bhatiya Country flag representing In Director 31-Mar-2015 Current
Ashish Mundhada Country flag representing In Director 31-Mar-2015 Current
Karan Bagaria Country flag representing In Whole-Time Director 01-Apr-2005 Current

Financial Performance of Shilpa Steel & Power.

Shilpa Steel & Power Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.83% increase. The company also saw a substantial improvement in profitability, with a 108.65% increase in profit. The company's net worth moved up by a moderate rise of 0.54%.

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
34.83%
Revenue from Operations
35.12%
Total Assets
6.14%
Profit or Loss
108.65%
Net Worth
0.54%
EBITDA
20.95%

What is the Ownership and Shareholding Structure of Shilpa Steel & Power?

In 2021, Shilpa Steel & Power 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

₹699.25 Cr

Satisfied Charges

₹301.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 692.00 Cr
  • Others : 4.31 Cr
  • Idbi Bank Limited : 2.94 Cr

Latest Charge Details

Date Lender Amount Status
15 Jul 2022 Others ₹4.31 Cr Open
02 Mar 2022 State Bank Of India ₹10.00 Cr Open
31 Dec 2021 Idbi Bank Limited ₹2.94 Cr Open
24 Mar 2021 State Bank Of India ₹20.00 Cr Open
05 Aug 2015 State Bank Of India ₹331.00 Cr Open

How Many Employees Work at Shilpa Steel & Power?

Shilpa Steel & Power has a workforce of 466 employees as of Apr 07, 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 Shilpa Steel & Power, 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 Shilpa Steel & Power'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 Shilpa Steel & Power

Recent activity within the organization

  • Annual General Meeting

    Shilpa Steel & Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shilpa Steel & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.31 Cr registered on 15 Jul 2022 with Charge ID 100601335 was modified on 20 Sep 2022.

    20 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 4.31 Cr with Charge ID 100601335 was registered on 15 Jul 2022.

    15 Jul 2022

  • Charges

    A charge with Idbi Bank Limited of Rs. 2.94 Cr registered on 31 Dec 2021 with Charge ID 100526539 was modified on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with State Bank Of India of Rs. 10.00 Cr registered on 02 Mar 2022 with Charge ID 100543753 was modified on 04 Mar 2022.

    04 Mar 2022

Frequently asked questions

  • Shilpa Steel & Power Limited was incorporated on 28 Jan 1988.

  • The authorized share capital of Shilpa Steel & Power Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 6 directors are associated with Shilpa Steel & Power Limited.

    • Krishnakumar Ramkumar Bagaria
    • Saraswati Bagaria
    • Shilpa Poddar
    • Amit Gopalprasad Bhatiya
    • Ashish Madanmohan Mundhada
    • Karan Krishnakumar Bagaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shilpa Steel & Power Limited is 1 2 3 4 Wanjra Layout, Kamptee Road India, Nagpur, Maharashtra, 440026.

  • The corporate identification number (CIN) of Shilpa Steel & Power Limited is U27100MH1988PLC046038 and the company number is 046038 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shilpa Steel & Power Limited is https://www.shilpainfra.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shilpa Steel & Power Limited has risen by 34.83%.

  • As Per 2022 financial reports, 466 employees are currently employed by Shilpa Steel & Power Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shilpa Steel & Power Limited has experienced an upsurge of 0.54%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shilpa Steel & Power Limited amount to ₹ 699.25 Cr.

  • The most recent Balance Sheet for Shilpa Steel & Power Limited was filed with the ROC on 31 Mar 2023.