Skm Steels Limited

Leading steel distributor and processor with multiple locations and partnerships.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

Skm Steels Profile

Key Indicators

  • Authorised Capital ₹ 16.50 Cr
  • Paid Up Capital ₹ 6.86 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 904.32 Cr
  • Satisfied Charges ₹ 895.09 Cr
  • Revenue Growth 19.40%
  • Profit Growth -20.89%
  • Ebitda -9.71%
  • Net Worth 18.30%
  • Total Assets 17.94%

About Skm Steels

Skm Steels Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1994 and has a history of 30 years and four months. Its registered office is in Mumbai, Maharashtra, 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 16.50 Cr and a paid-up capital of Rs 6.86 Cr.

The company currently has active open charges totaling ₹904.32 Cr. The company has closed loans amounting to ₹895.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Skm Steels Limited India is Deepika Andurlekar as COMPANY SECRETARY. Chirag Shah, Kalpesh Chowdhary, Amit Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1994PLC083403

  • Company No.

    083403

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Skm Steels Limited offer?

Skm Steels Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Sheets, Aluminum Sheets, Steel & Stainless Steel Products, Stainless Steel Alloys, Air Springs & Compression Springs, Wire Springs, Metal Ingots, Steel and Stainless Steel Coils, Aluminium Plate 5052.

Company report

Skm Steels Limited

Explore comprehensive data for Skm Steels Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Deepika Andurlekar Company Secretary10-Sep-2016Current

Board Members (6)

NameDesignationAppointment DateStatus
Gautam Saraf Country flag representing In Director 01-Mar-2017Current
Chirag Shah Country flag representing In Whole-Time Director 01-Jul-2000Current
Kalpesh Chowdhary Country flag representing In Whole-Time Director 31-Mar-2004Current
Amit Shah Country flag representing In Whole-Time Director 11-Jun-2001Current
Ram Singh Country flag representing In Director 24-Jun-2015Current
Neha Saraf Country flag representing In Director 26-Aug-2015Current

Financial Performance of Skm Steels.

Skm Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.4% increase. The company also saw a substantial fall in profitability, with a 20.89% decrease in profit. The company's net worth Soared by an impressive increase of 18.3%.

Skm Steels revenue growth over time
Skm 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
19.40%
Revenue from Operations
19.66%
Total Assets
17.94%
Profit or Loss
-20.89%
Net Worth
18.30%
EBITDA
-9.71%

What is the Ownership and Shareholding Structure of Skm Steels?

In 2023, Skm Steels had a promoter holding of 96.52% and a public holding of 3.48%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹904.32 Cr

Satisfied Charges

₹895.09 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 689.32 Cr
  • Others : 80.00 Cr
  • Standard Chartered Bank : 65.00 Cr
  • Citi Bank N.A. : 45.00 Cr
  • Axis Bank Limited : 15.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2024Yes Bank Limited₹10.00 CrOpen
04 Sep 2024Standard Chartered Bank₹5.00 CrOpen
29 Aug 2024Others₹25.00 CrOpen
01 Mar 2024Bank Of India₹8.00 CrOpen
22 Jan 2024Citi Bank N.A.₹45.00 CrOpen

How Many Employees Work at Skm Steels?

Skm Steels has a workforce of 202 employees as of Apr 05, 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.

Employee growth trends for Skm Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Skm 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 Skm 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 Skm Steels

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100980280 was registered on 25 Sep 2024.

  • Charges

    A charge registered on 10 Mar 2023 via Charge ID 100695433 with Others was fully satisfied on 25 Sep 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 5.00 Cr with Charge ID 100971152 was registered on 04 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100978704 was registered on 29 Aug 2024.

  • Charges

    A charge registered on 30 Aug 2008 via Charge ID 10125667 with Union Bank Of India was fully satisfied on 28 Aug 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 8.00 Cr with Charge ID 100889215 was registered on 01 Mar 2024.

Frequently asked questions

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

    Skm Steels Limited was incorporated on 01 Dec 1994.

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

    The authorized share capital of Skm Steels Limited is ₹ 16.50 Cr and paid-up capital is ₹ 6.86 Cr.

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

    Currently 7 directors are associated with Skm Steels Limited.

    • Chirag Shantilal Shah
    • Kalpesh Harilal Chowdhary
    • Amit Kirtilal Shah
    • Ram Anugrah Singh
    • Gautam Vinodkumar Saraf
    • Neha Saraf
    • Deepika Mahadev Andurlekar

  • What is the registered address of Skm Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Skm Steels Limited is Skm House Floor 2 12 Khetwadi 6Th Lane, Girgaon India, Mumbai, Maharashtra, 400004.

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

    The corporate identification number (CIN) of Skm Steels Limited is U27100MH1994PLC083403 and the company number is 083403 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Skm Steels Limited?

    The Official website of Skm Steels Limited is https://www.skmsteels.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Skm Steels Limited has risen by 19.40%.

  • How many employees does Skm Steels Limited currently have?

    As Per 2023 financial reports, 202 employees are currently employed by Skm Steels Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Skm Steels Limited has experienced an upsurge of 18.30%.

  • What are the total open charges for Skm Steels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Skm Steels Limited amount to ₹ 904.32 Cr.

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

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

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