Shyam Steel Manufacturing Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
- Paid Up Capital ₹ 52.94 Cr
- Company Age 33 Year, 9 Months
- 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 33 years and nine months. 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
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
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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 LimitedBrijesh 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)
₹2,520.44 Cr
₹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.
