Sivanandha Steels Profile
Key Indicators
- Authorised Capital ₹ 3.80 Cr
- Paid Up Capital ₹ 3.67 Cr
- Company Age 61 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- 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 three months.Its registered office is in Tiruvallur, 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 2024. 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.
Ponnuswamy Venkatesan, Venkatesan Ramganeshan, Gurunamasivayan Rajavel, and Four other members serve as directors at the Company.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ponnuswamy Venkatesan  | Managing Director | 01-Feb-1970 | Current |
| Ramaswamy Krishnamurthi | Managing Director | 13-Jul-2012 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karthikesan Venkatesan | Director | 01-Dec-2007 | Current |
| Venkatesan Ramganeshan | Additional Director | 13-Jul-2016 | Current |
| Gurunamasivayan Rajavel | Director | 29-Dec-2005 | Current |
| Gopalakrishnan Natarajan | Director | 13-Jul-2012 | Current |
| Ramanathan Marudachalam | Director | 01-Dec-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sivanandha Consultants Private LimitedPonnuswamy Venkatesan is a mutual person
Karmen International Private LimitedVenkatesan Ramganeshan is a mutual person
Karmen Finvest And Holdings Private LimitedVenkatesan Ramganeshan is a mutual person
Rambal Private LimitedVenkatesan Ramganeshan is a mutual person
Sp Pipe Private LimitedPonnuswamy Venkatesan and Karthikesan Venkatesan are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2022 | Hdfc Bank Limited | ₹1.13 M | Open |
| 30 Dec 2020 | Hdfc Bank Limited | ₹1.50 M | Open |
| 25 Feb 1998 | Aruna Centre & Finance Limited | ₹4.17 M | Satisfied |
| 20 Jan 1997 | Bank Of Baroda | ₹0.00 | Satisfied |
| 29 Dec 1995 | Industrial Development Bank Of India | ₹1.30 Cr | Satisfied |
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.
Deals i
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
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.
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 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Sivanandha Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100585626 was registered on 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.
- 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 8 months .
- 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 8 months .
Frequently asked questions
What is the Incorporation or founding date of Sivanandha Steels Limited?
Sivanandha Steels Limited was incorporated on 04 Dec 1963.
What is authorized share capital and paid-up capital of Sivanandha Steels Limited?
The authorized share capital of Sivanandha Steels Limited is ₹ 3.80 Cr and paid-up capital is ₹ 3.67 Cr.
Who are the current board members & directors of Sivanandha Steels Limited?
Currently 7 directors are associated with Sivanandha Steels Limited.
- Ponnuswamy Venkatesan
- Venkatesan Ramganeshan
- Gurunamasivayan Rajavel
- Gopalakrishnan Natarajan
- Ramaswamy Ponnuswamy Krishnamurthi
- Ramanathan Marudachalam
- Karthikesan Venkatesan
What is the registered address of Sivanandha Steels Limited?
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.
What is the corporate identification number (CIN) and company number of Sivanandha Steels Limited?
The corporate identification number (CIN) of Sivanandha Steels Limited is U27109TN1963PLC111217 and the company number is 111217 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sivanandha Steels Limited?
The Official website of Sivanandha Steels Limited is https://www.sivanandhasteels.com
What has been the recent revenue trend for Sivanandha Steels Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sivanandha Steels Limited has risen by 11.42%.
What change has been observed in the net worth of Sivanandha Steels Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sivanandha Steels Limited has experienced an upsurge of 1.24%.
What are the total open charges for Sivanandha Steels Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sivanandha Steels Limited amount to ₹ 2.63 M.
When was the last Balance Sheet of Sivanandha Steels Limited filed with the ROC?
The most recent Balance Sheet for Sivanandha Steels Limited was filed with the ROC on 31 Mar 2024.