Shyam Steel Industries Limited

Manufacturer of TMT bars, sponge iron, ferro alloys, and billets with captive power plant.

2002 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 14, 2024

Shyam Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 76.50 Cr
  • Paid Up Capital ₹ 57.50 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,102.60 Cr
  • Satisfied Charges ₹ 1,638.82 Cr
  • Revenue Growth 26.69%
  • Profit Growth -41.53%
  • Ebitda 18.25%
  • Net Worth 13.57%
  • Total Assets 33.88%

About Shyam Steel Industries

Shyam Steel Industries Limited (SSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 March 2002 and has a history of 22 years and 11 months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Shyam Shree Steel Limited. The Company is engaged in the Energy And Power 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 76.50 Cr and a paid-up capital of Rs 57.50 Cr.

The company currently has active open charges totaling ₹1,102.60 Cr. The company has closed loans amounting to ₹1,638.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shyam Steel Industries Limited India are Nikunj Beriwal as CFO and Samta Agarwal as Company Secretary. Govind Beriwal, Purushottam Beriwala, Ravi Beriwala, and Seven other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shyamsteel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100WB2002PLC094339

  • Company No.

    094339

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Energy and Power
Metals and Minerals

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

Executive Team (2)

NameDesignationAppointment DateStatus
Nikunj Beriwal Country flag representing In CFOCurrent
Samta Agarwal Country flag representing In Company SecretaryCurrent

Board Members (10)

NameDesignationAppointment DateStatus
Ravi Beriwala Country flag representing In Director 01-Apr-2009Current
Nikunj Beriwal Country flag representing In Whole-Time Director and Cfo 02-Sep-2014Current
Manish Beriwala Country flag representing In Whole-Time Director 20-Mar-2009Current
Govind Beriwal Country flag representing In Director 01-Apr-2005Current
Purushottam Beriwala Country flag representing In Whole-Time Director 08-Mar-2002Current
Uday Chatterjee Country flag representing In Director 11-Apr-2019Current

Financial Performance of Shyam Steel Industries.

Shyam Steel Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.69% increase. The company also saw a substantial fall in profitability, with a 41.53% decrease in profit. The company's net worth Soared by an impressive increase of 13.57%.

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
26.69%
Revenue from Operations
27.29%
Total Assets
33.88%
Profit or Loss
-41.53%
Net Worth
13.57%
EBITDA
18.25%

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

In 2023, Shyam Steel Industries had a promoter holding of 12.65% and a public holding of 87.34%. The company had 5 Subsidiaries and 3 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,102.60 Cr

Satisfied Charges

₹1,638.82 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 952.60 Cr
  • Others : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2024Others₹150.00 CrOpen
18 Mar 2024Sbicap Trustee Company Limited₹220.50 CrOpen
27 Feb 2023Sbicap Trustee Company Limited₹150.00 CrOpen
03 Sep 2020Sbicap Trustee Company Limited₹582.10 CrOpen
10 Aug 2023Sbicap Trustee Company Limited₹184.50 CrSatisfied

How Many Employees Work at Shyam Steel Industries?

Shyam Steel Industries has a workforce of 2383 employees as of Nov 14, 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 Shyam 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 Shyam 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 Shyam Steel Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100974876 was registered on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 582.10 Cr registered on 03 Sep 2020 with Charge ID 100369252 was modified on 02 Sep 2024.

    02 Sep 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 150.00 Cr registered on 27 Feb 2023 with Charge ID 100747047 was modified on 06 Aug 2024.

    06 Aug 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 220.50 Cr with Charge ID 100884760 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 18 Mar 2023 via Charge ID 100699601 with Others was fully satisfied on 16 Nov 2023.

    16 Nov 2023

  • Charges

    A charge registered on 10 Aug 2023 via Charge ID 100771884 with Sbicap Trustee Company Limited was fully satisfied on 06 Oct 2023.

    06 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Shyam Steel Industries Limited was incorporated on 08 Mar 2002.

  • The authorized share capital of Shyam Steel Industries Limited is ₹ 76.50 Cr and paid-up capital is ₹ 57.50 Cr.

  • Currently 12 directors are associated with Shyam Steel Industries Limited.

    • Govind Beriwal
    • Purushottam Beriwala
    • Ravi Beriwala
    • Manish Beriwala
    • Nikunj Beriwal
    • Uday Kumar Chatterjee
    • Suchi Choudhury
    • Deepak Chowdhary
    • Shounak Mitra
    • Bipul Panigrahi
    • Nikunj Beriwal
    • Samta Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shyam Steel Industries Limited is Shyam Tower 03-319 6/11 Street No. 319 Action Area - Id, India, New Town, West Bengal, 700156.

  • The corporate identification number (CIN) of Shyam Steel Industries Limited is U27100WB2002PLC094339 and the company number is 094339 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shyam Steel Industries Limited is https://www.shyamsteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shyam Steel Industries Limited has risen by 26.69%.

  • As Per 2023 financial reports, 2383 employees are currently employed by Shyam Steel Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shyam Steel Industries Limited has experienced an upsurge of 13.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shyam Steel Industries Limited amount to ₹ 1,102.60 Cr.

  • The most recent Balance Sheet for Shyam Steel Industries Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Steel Manufacturing & Processing