S.I.V. Steels Private Limited

Steel trading company offering various steel products since 2003.

2003 | Hyderabad, Telangana (India) | Active
Last Updated: July 07, 2024

S.I.V. Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.82 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.50 Cr
  • Satisfied Charges ₹ 9.40 Cr
  • Revenue Growth 23.30%
  • Profit Growth -12.81%
  • Ebitda -9.72%
  • Net Worth 24.13%
  • Total Assets 20.44%

About S.I.V. Steels

S.I.V. Steels Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 2003 and has a history of 21 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Somani Ispat (Vizag) Private 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.82 M.

The company currently has active open charges totaling ₹33.50 Cr. The company has closed loans amounting to ₹9.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Bahety, Madhusudan Jalan, and Sanjay Somani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27106TG2003PTC040985

  • Company No.

    040985

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at S.I.V. Steels?

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Bahety Country flag representing In Whole-Time Director 12-May-2003Current
Madhusudan Jalan Country flag representing In Whole-Time Director 01-Apr-2013Current
Sanjay Somani Country flag representing In Director 12-May-2003Current

Financial Performance of S.I.V. Steels.

S.I.V. Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.3% increase. The company also saw a substantial fall in profitability, with a 12.81% decrease in profit. The company's net worth Soared by an impressive increase of 24.13%.

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
23.30%
Revenue from Operations
23.11%
Total Assets
20.44%
Profit or Loss
-12.81%
Net Worth
24.13%
EBITDA
-9.72%

What is the Ownership and Shareholding Structure of S.I.V. Steels?

In 2023, S.I.V. Steels had a promoter holding of 25.22% and a public holding of 74.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹335.00 M

Satisfied Charges

₹94.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 33.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 May 2019Hdfc Bank Limited₹33.50 CrOpen
24 Oct 2009Others₹8.00 CrSatisfied
28 Mar 2006The A. P. Mahesh Co-Operative Urban Bank Limited₹1.40 CrSatisfied

How Many Employees Work at S.I.V. Steels?

S.I.V. Steels has a workforce of 49 employees as of Apr 06, 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 S.I.V. 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 S.I.V. 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 S.I.V. Steels

Recent activity within the organization

  • Annual General Meeting

    S.I.V. Steels 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 with Hdfc Bank Limited of Rs. 335.00 M registered on 23 May 2019 with Charge ID 100267383 was modified on 28 Jul 2023.

    28 Jul 2023

  • Balance Sheet

    S.I.V. Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 24 Oct 2009 via Charge ID 10185982 with Others was fully satisfied on 04 Jun 2019.

    04 Jun 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 335.00 M with Charge ID 100267383 was registered on 23 May 2019.

    23 May 2019

  • Charges

    A charge with Others of Rs. 80.00 M registered on 24 Oct 2009 with Charge ID 10185982 was modified on 31 Mar 2018.

    31 Mar 2018

Frequently asked questions

  • S.I.V. Steels Private Limited was incorporated on 12 May 2003.

  • The authorized share capital of S.I.V. Steels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.82 M.

  • Currently 3 directors are associated with S.I.V. Steels Private Limited.

    • Rajesh Bahety
    • Madhusudan Jalan
    • Sanjay Kumar Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of S.I.V. Steels Private Limited is 11-6-27/36 Sun Sip Compound Opp: Idpl Balanagar, Hyderabad, Telangana, India, 500037.

  • The corporate identification number (CIN) of S.I.V. Steels Private Limited is U27106TG2003PTC040985 and the company number is 040985 as per Ministry of Corporate Affairs (MCA).

  • The Official website of S.I.V. Steels Private Limited is https://www.s-i-v-steels-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for S.I.V. Steels Private Limited has risen by 23.30%.

  • As Per 2023 financial reports, 49 employees are currently employed by S.I.V. Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of S.I.V. Steels Private Limited has experienced an upsurge of 24.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for S.I.V. Steels Private Limited amount to ₹ 33.50 Cr.

  • The most recent Balance Sheet for S.I.V. Steels Private Limited was filed with the ROC on 31 Mar 2023.

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