Shyam Steel Manufacturing Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
- Paid Up Capital ₹ 52.94 Cr
- Company Age 34 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,520.44 Cr
- Satisfied Charges ₹ 1,652.45 Cr
- Revenue Growth 21.66%
- Profit Growth -28.76%
- Ebitda -11.02%
- Net Worth 15.55%
- Total Assets 51.69%
About Shyam Steel Manufacturing
Shyam Steel Manufacturing Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 May 1991 and has a history of 34 years. Its registered office is in 24 Parganas, West Bengal, India.
The Corporate was formerly known as Sova Ispat 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 55.00 Cr and a paid-up capital of Rs 52.94 Cr.
The company currently has active open charges totaling ₹2,520.44 Cr. The company has closed loans amounting to ₹1,652.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shyam Steel Manufacturing Limited India are Prashant Damani as COMPANY SECRETARY and Nikunj Beriwal as Cfo. Brijesh Beriwala, Lalit 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
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28999WB1991PLC051823
- Company No.
051823
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 May 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
Shyam Steel Manufacturing Limited
Explore comprehensive data for Shyam Steel Manufacturing Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shyam Steel Manufacturing?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nikunj Beriwal  | CFO | Current | |
| Prashant Damani | Company Secretary | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Beriwala | Whole-Time Director | 01-Apr-2018 | Current |
| Nikunj Beriwal | Whole-Time Director and Cfo | 02-Sep-2014 | Current |
| Brijesh Beriwala | Whole-Time Director | 01-Apr-2018 | Current |
| Lalit Beriwala | Whole-Time Director | 10-Jan-2011 | Current |
| Suchi Choudhury | Director | 28-Apr-2021 | Current |
| Shounak Mitra | Director | 29-Jul-2021 | Current |
Financial Performance of Shyam Steel Manufacturing.
Shyam Steel Manufacturing Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.66% increase. The company also saw a substantial fall in profitability, with a 28.76% decrease in profit. The company's net worth Soared by an impressive increase of 15.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shyam Steel Manufacturing?
In 2023, Shyam Steel Manufacturing had a promoter holding of 100.00%. The company had 4 Subsidiaries and 3 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shyam Steel Udyog Private Limited
Brijesh Beriwala is a mutual person
- Shyam Mining Private Limited
Lalit Beriwala is a mutual person
- Shyam Mineral Resources Private Limited
Lalit Beriwala is a mutual person
- Shyam Steel Works Private Limited
Lalit Beriwala and Prashant Damani are mutual person
- Shyam Steel Industries Limited
Ravi Beriwala, Nikunj Beriwal and 5 more are mutual person
Merchants' Chamber Of Commerce & IndustryLalit Beriwala is a mutual person
Charges (Loans)
Open Charges
₹2,520.44 Cr
Satisfied Charges
₹1,652.45 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 2437.44 Cr
- Hdfc Bank Limited : 83.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2024 | Hdfc Bank Limited | ₹67.00 Cr | Open |
| 31 Aug 2024 | Hdfc Bank Limited | ₹16.00 Cr | Open |
| 23 Aug 2023 | Sbicap Trustee Company Limited | ₹965.00 Cr | Open |
| 16 Aug 2021 | Sbicap Trustee Company Limited | ₹482.19 Cr | Open |
| 11 Oct 2010 | Sbicap Trustee Company Limited | ₹990.25 Cr | Open |
How Many Employees Work at Shyam Steel Manufacturing?
Shyam Steel Manufacturing has a workforce of 2539 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shyam Steel Manufacturing, 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 Manufacturing's trajectory.
Rating
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
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 Manufacturing
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 67.00 Cr with Charge ID 100995970 was registered on 22 Oct 2024.
- Annual General Meeting
Shyam Steel Manufacturing Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Cr with Charge ID 100978935 was registered on 31 Aug 2024.
- Balance Sheet
Shyam Steel Manufacturing Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 482.19 Cr registered on 16 Aug 2021 with Charge ID 100474473 was modified on 18 Mar 2024.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 990.25 Cr registered on 11 Oct 2010 with Charge ID 10246675 was modified on 18 Mar 2024.
Recent News, Updates & Announcement
- Shyam Steel Industries files IPO papers with Sebi.
Market sources said the IPO size is estimated to be around Rs 500 crore. .
- Rediffusion bags creative mandate for Shyam Steel .
The account will be handled from the agency's Kolkata office. The tie-up will be followed with an elaborate plan to spread the brand message to a larger global audience.
Frequently asked questions
What is the Incorporation or founding date of Shyam Steel Manufacturing Limited?
Shyam Steel Manufacturing Limited was incorporated on 23 May 1991.
What is authorized share capital and paid-up capital of Shyam Steel Manufacturing Limited?
The authorized share capital of Shyam Steel Manufacturing Limited is ₹ 55.00 Cr and paid-up capital is ₹ 52.94 Cr.
Who are the current board members & directors of Shyam Steel Manufacturing Limited?
Currently 12 directors are associated with Shyam Steel Manufacturing Limited.
- Brijesh Beriwala
- Lalit Beriwala
- Ravi Beriwala
- Nikunj Beriwal
- Suchi Choudhury
- Shounak Mitra
- Sanjay Shahi
- Prashant Damani
- Manoj Daga
- Uday Kumar Chatterjee
- Govind Beriwal
- Nikunj Beriwal
What is the registered address of Shyam Steel Manufacturing Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shyam Steel Manufacturing Limited is Shyam Tower 03-319 6/11 Street No. 319 Action Area - Id, India, New Town, West Bengal, 700156.
What is the corporate identification number (CIN) and company number of Shyam Steel Manufacturing Limited?
The corporate identification number (CIN) of Shyam Steel Manufacturing Limited is U28999WB1991PLC051823 and the company number is 051823 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shyam Steel Manufacturing Limited?
The Official website of Shyam Steel Manufacturing Limited is https://www.shyamsteel.com
What has been the recent revenue trend for Shyam Steel Manufacturing Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shyam Steel Manufacturing Limited has risen by 21.66%.
How many employees does Shyam Steel Manufacturing Limited currently have?
As Per 2023 financial reports, 2539 employees are currently employed by Shyam Steel Manufacturing Limited.
What change has been observed in the net worth of Shyam Steel Manufacturing Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shyam Steel Manufacturing Limited has experienced an upsurge of 15.55%.
What are the total open charges for Shyam Steel Manufacturing Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shyam Steel Manufacturing Limited amount to ₹ 2,520.44 Cr.
When was the last Balance Sheet of Shyam Steel Manufacturing Limited filed with the ROC?
The most recent Balance Sheet for Shyam Steel Manufacturing Limited was filed with the ROC on 31 Mar 2024.
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