Sivanandha Steels Limited

Trading iron and steel products since 1963, based in Chennai, Tamil Nadu.

1963 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: June 15, 2024

Sivanandha Steels Profile

Key Indicators

  • Authorised Capital ₹ 3.80 Cr
  • Paid Up Capital ₹ 3.67 Cr
  • Company Age 61 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.63 M
  • Satisfied Charges ₹ 10.83 Cr
  • Revenue Growth 11.42%
  • Profit Growth 1253.49%
  • Ebitda 99.06%
  • Net Worth 1.24%
  • Total Assets -1.35%

About Sivanandha Steels

Sivanandha Steels Limited (SSL) was founded in India on 04 December 1963 and has a glorious history of 61 years and two months.Its registered office is in Kanchipuram, Tamil Nadu, 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 3.80 Cr and a paid-up capital of Rs 3.67 Cr.

The company currently has active open charges totaling ₹2.63 M. The company has closed loans amounting to ₹10.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gopalakrishnan Natarajan, Gurunamasivayan Rajavel, Ramaswamy Krishnamurthi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sivanandhasteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109TN1963PLC111217

  • Company No.

    111217

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1963

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ramaswamy Krishnamurthi Country flag representing In Managing Director13-Jul-2012Current
Ponnuswamy Venkatesan Country flag representing In Managing Director01-Feb-1970Current

Board Members (5)

NameDesignationAppointment DateStatus
Karthikesan Venkatesan Country flag representing In Director 01-Dec-2007Current
Gopalakrishnan Natarajan Country flag representing In Director 13-Jul-2012Current
Gurunamasivayan Rajavel Country flag representing In Director 29-Dec-2005Current
Ramanathan Marudachalam Country flag representing In Director 01-Dec-2007Current
Venkatesan Ramganeshan Country flag representing In Additional Director 13-Jul-2016Current

Financial Performance of Sivanandha Steels.

Sivanandha Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.42% increase. The company also saw a substantial improvement in profitability, with a 1253.49% increase in profit. The company's net worth moved up by a moderate rise of 1.24%.

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
11.42%
Revenue from Operations
24.20%
Total Assets
-1.35%
Profit or Loss
1253.49%
Net Worth
1.24%
EBITDA
99.06%

What is the Ownership and Shareholding Structure of Sivanandha Steels?

In 2023, Sivanandha Steels had a promoter holding of 77.48% and a public holding of 22.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.26 Cr

Satisfied Charges

₹10.83 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2022Hdfc Bank Limited₹1.13 MOpen
30 Dec 2020Hdfc Bank Limited₹1.50 MOpen
25 Feb 1998Aruna Centre & Finance Limited₹4.17 MSatisfied
20 Jan 1997Bank Of Baroda₹0.00Satisfied
29 Dec 1995Industrial Development Bank Of India₹1.30 CrSatisfied

How Many Employees Work at Sivanandha Steels?

Sivanandha Steels has a workforce of 0 employees as of Apr 03, 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 Sivanandha 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 Sivanandha 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 Sivanandha Steels

Recent activity within the organization

  • Annual General Meeting

    Sivanandha Steels Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Sivanandha Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100585626 was registered on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100424155 was registered on 30 Dec 2020.

    30 Dec 2020

  • Director Appointment

    Venkatesan Ramganeshan was appointed as a Additional Director was appointed as a Additional Director on 13 Jul 2016 & has been associated with this company since 8 years 7 months .

    13 Jul 2016

  • Director Appointment

    Gopalakrishnan Natarajan was appointed as a Director was appointed as a Director on 13 Jul 2012 & has been associated with this company since 12 years 7 months .

    13 Jul 2012

Frequently asked questions

  • Sivanandha Steels Limited was incorporated on 04 Dec 1963.

  • The authorized share capital of Sivanandha Steels Limited is ₹ 3.80 Cr and paid-up capital is ₹ 3.67 Cr.

  • Currently 7 directors are associated with Sivanandha Steels Limited.

    • Gopalakrishnan Natarajan
    • Gurunamasivayan Rajavel
    • Ramaswamy Ponnuswamy Krishnamurthi
    • Ramanathan Marudachalam
    • Karthikesan Venkatesan
    • Venkatesan Ramganeshan
    • Ponnuswamy Venkatesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sivanandha Steels Limited is 18, 19 20 Ambit Park Road Ambattur Industrial Estate India, Chennai, Tamil Nadu, 600058.

  • The corporate identification number (CIN) of Sivanandha Steels Limited is U27109TN1963PLC111217 and the company number is 111217 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sivanandha Steels Limited is https://www.sivanandhasteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sivanandha Steels Limited has risen by 11.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sivanandha Steels Limited has experienced an upsurge of 1.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sivanandha Steels Limited amount to ₹ 2.63 M.

  • The most recent Balance Sheet for Sivanandha Steels Limited was filed with the ROC on 31 Mar 2023.