Shyam Steel Works Private Limited

Manufactures and processes ferrous and non-ferrous materials for industrial and non-industrial use.

2020 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 16, 2024

Shyam Steel Works Profile

Key Indicators

  • Authorised Capital ₹ 625.00 Cr
  • Paid Up Capital ₹ 245.00 Cr
  • Company Age 4 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 965.00 Cr
  • Satisfied Charges ₹ 565.00 Cr
  • Revenue Growth 445.83%
  • Profit Growth 631.53%
  • Ebitda -966.15%
  • Net Worth 875.81%
  • Total Assets 116.41%

About Shyam Steel Works

Shyam Steel Works Private Limited (SSWPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 November 2020 (Four years and two months 28 days old ). Its registered office is in 24 Parganas, West Bengal, 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 625.00 Cr and a paid-up capital of Rs 245.00 Cr.

The company currently has active open charges totaling ₹965.00 Cr. The company has closed loans amounting to ₹565.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shyam Steel Works Private Limited India are Prashant Damani as COMPANY SECRETARY and Brij Soni as Cfo. Lalit Beriwala, Purushottam Beriwala, and Deepak Chowdhary serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28999WB2020PTC241046

  • Company No.

    241046

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Executive Team (2)

NameDesignationAppointment DateStatus
Prashant Damani Company Secretary01-Aug-2024Current
Brij Soni Country flag representing In CFO04-May-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Lalit Beriwala Country flag representing In Director 04-Nov-2020Current
Purushottam Beriwala Country flag representing In Director 19-Mar-2022Current
Deepak Chowdhary Country flag representing In Whole-Time Director 14-Jun-2023Current

Financial Performance of Shyam Steel Works.

Shyam Steel Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 445.83% increase. The company also saw a substantial improvement in profitability, with a 631.53% increase in profit. The company's net worth Soared by an impressive increase of 875.81%.

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
445.83%
Revenue from Operations
Total Assets
116.41%
Profit or Loss
631.53%
Net Worth
875.81%
EBITDA
-966.15%

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

In 2023, Shyam Steel Works had a promoter holding of 94.78% and a public holding of 5.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹965.00 Cr

Satisfied Charges

₹565.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 965.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2023Sbicap Trustee Company Limited₹965.00 CrOpen
20 Jul 2023Axis Bank Limited₹115.00 CrSatisfied
19 Jul 2023Others₹250.00 CrSatisfied
04 May 2023Indian Bank₹200.00 CrSatisfied

How Many Employees Work at Shyam Steel Works?

Shyam Steel Works has a workforce of 203 employees as of Apr 04, 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 Works, 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 Works'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 Works

Recent activity within the organization

  • Director Appointment

    Prashant Damani was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2024 & has been associated with this company since 6 months 1 day .

    01 Aug 2024

  • Director Appointment

    Brij Mohan Soni was appointed as a Cfo was appointed as a Cfo on 04 May 2024 & has been associated with this company since 8 months 28 days .

    04 May 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 965.00 Cr registered on 23 Aug 2023 with Charge ID 100771707 was modified on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 19 Jul 2023 via Charge ID 100754019 with Others was fully satisfied on 28 Nov 2023.

    28 Nov 2023

  • Annual General Meeting

    Shyam Steel Works 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 registered on 04 May 2023 via Charge ID 100711480 with Indian Bank was fully satisfied on 25 Sep 2023.

    25 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Shyam Steel Works Private Limited was incorporated on 04 Nov 2020.

  • The authorized share capital of Shyam Steel Works Private Limited is ₹ 625.00 Cr and paid-up capital is ₹ 245.00 Cr.

  • Currently 5 directors are associated with Shyam Steel Works Private Limited.

    • Lalit Beriwala
    • Purushottam Beriwala
    • Deepak Chowdhary
    • Prashant Damani
    • Brij Mohan Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shyam Steel Works Private Limited is Shyam Tower 03-319 Dh6/11 Street No. 319, Action Area - Id India, New Town, West Bengal, 700156.

  • The corporate identification number (CIN) of Shyam Steel Works Private Limited is U28999WB2020PTC241046 and the company number is 241046 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shyam Steel Works Private Limited has risen by 445.83%.

  • As Per 2023 financial reports, 203 employees are currently employed by Shyam Steel Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shyam Steel Works Private Limited has experienced an upsurge of 875.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shyam Steel Works Private Limited amount to ₹ 965.00 Cr.

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

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