Siddhi Steels Private Limited

Manufactures steel articles, specializing in investment castings using lost wax process.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Siddhi Steels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.95 Cr
  • Satisfied Charges ₹ 6.22 Cr
  • Revenue Growth -14.39%
  • Profit Growth -1.86%
  • Ebitda 125.28%
  • Net Worth -11.84%
  • Total Assets -7.50%

About Siddhi Steels

Siddhi Steels Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 July 2003 and has a history of 21 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹4.95 Cr. The company has closed loans amounting to ₹6.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Purushottam Sharma, Minaxiben Parikh, and Markand Parikh serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ2003PTC073760

  • Company No.

    073760

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Siddhi Steels Private Limited offer?

Siddhi Steels Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Gate & Sluice Valves, Industrial Valves, Globe Valves, Die Casting & Investment Castings, Pump Casting, Investment Castings, Valve Accessories, Industrial Engineering Components.

Who are the key members and board of directors at Siddhi Steels?

Board Members (3)

NameDesignationAppointment DateStatus
Purushottam Sharma Country flag representing In Director 15-Nov-2021Current
Minaxiben Parikh Country flag representing In Director 01-Jul-2004Current
Markand Parikh Country flag representing In Director 24-Jul-2003Current

Financial Performance of Siddhi Steels.

Siddhi Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.39% decrease. The company also saw a slight decrease in profitability, with a 1.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.84%.

Siddhi Steels revenue growth over time
Siddhi Steels 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
-14.39%
Revenue from Operations
-14.42%
Total Assets
-7.50%
Profit or Loss
-1.86%
Net Worth
-11.84%
EBITDA
125.28%

What is the Ownership and Shareholding Structure of Siddhi Steels?

In 2023, Siddhi Steels had a promoter holding of 41.63% and a public holding of 58.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.50 M

Satisfied Charges

₹62.20 M

Charges Breakdown by Lending Institutions

  • Others : 4.95 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Others₹4.95 CrOpen
28 Jul 2022Others₹3.30 CrSatisfied
22 Sep 2011Central Bank Of India₹8.60 MSatisfied
22 Sep 2011Central Bank Of India₹1.46 CrSatisfied
17 Feb 2005Central Bank Of India₹6.00 MSatisfied

How Many Employees Work at Siddhi Steels?

Unlock and access historical data on people associated with Siddhi Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Siddhi Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Siddhi Steels, 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 Siddhi Steels'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 Siddhi Steels

Recent activity within the organization

  • Annual General Meeting

    Siddhi Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 49.50 M with Charge ID 100937486 was registered on 26 Jun 2024.

  • Charges

    A charge registered on 28 Jul 2022 via Charge ID 100633113 with Others was fully satisfied on 12 Jun 2024.

  • Balance Sheet

    Siddhi Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 33.00 M with Charge ID 100633113 was registered on 28 Jul 2022.

  • Charges

    A charge registered on 22 Sep 2011 via Charge ID 10310831 with Central Bank Of India was fully satisfied on 15 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Siddhi Steels Private Limited?

    Siddhi Steels Private Limited was incorporated on 24 Jul 2003.

  • What is authorized share capital and paid-up capital of Siddhi Steels Private Limited?

    The authorized share capital of Siddhi Steels Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Siddhi Steels Private Limited?

    Currently 3 directors are associated with Siddhi Steels Private Limited.

    • Purushottam Sharma
    • Minaxiben Markandbhai Parikh
    • Markand Virendrabhai Parikh

  • What is the registered address of Siddhi Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Steels Private Limited is Survey No. 240 B/H. Bhagyoday Hotel Ta. Sanand, Dist. Ahmedabad India, Changodar, Gujarat, 382210.

  • What is the corporate identification number (CIN) and company number of Siddhi Steels Private Limited?

    The corporate identification number (CIN) of Siddhi Steels Private Limited is U27100GJ2003PTC073760 and the company number is 073760 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Siddhi Steels Private Limited?

    The Official website of Siddhi Steels Private Limited is https://www.siddhisteels.in

  • What has been the recent revenue trend for Siddhi Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Siddhi Steels Private Limited has fallen by -14.39%.

  • What change has been observed in the net worth of Siddhi Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Siddhi Steels Private Limited has experienced an downturn of -11.84%.

  • What are the total open charges for Siddhi Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Siddhi Steels Private Limited amount to ₹ 4.95 Cr.

  • When was the last Balance Sheet of Siddhi Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Siddhi Steels Private Limited was filed with the ROC on 31 Mar 2024.