Steel Exchange India Limited

Private sector steel producer with integrated plant for manufacturing TMT rebars and captive power generation.

1999 | Andhra Pradesh, Andhra Pradesh (India) | Active
Last Updated: January 26, 2020

Steel Exchange India Profile

Key Indicators

  • Authorised Capital ₹ 332.00 Cr
  • Paid Up Capital ₹ 94.59 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 2,897.30 Cr
  • Satisfied Charges ₹ 899.13 Cr
  • Revenue Growth 9.55%
  • Profit Growth 78.44%
  • Ebitda 255.95%
  • Net Worth -28.72%
  • Total Assets -6.91%

About Steel Exchange India

Steel Exchange India Limited (SEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 1999 and has a history of 25 years and 11 months. Its registered office is in Andhra Pradesh, Andhra Pradesh.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 534748 and on the National Stock Exchange(NSE) under STEELXIND.

The Corporate was formerly known as Pyxis Technology Solutions 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 2019. It's a company limited by shares with an authorized capital of Rs 332.00 Cr and a paid-up capital of Rs 94.59 Cr.

The company currently has active open charges totaling ₹2,897.30 Cr. The company has closed loans amounting to ₹899.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steel Exchange India Limited India are Bandi Kumar as CHIEF FINANCIAL OFFICER and Mannem Babu as Company Secretary. Satish Bandi, Suresh Bavineni, Bandi Kumar, and Seven other members serve as directors at the Company.

Company Details

  • Location Andhra Pradesh, Andhra Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    seil.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74100AP1999PLC031191

  • Company No.

    031191

  • Stock Symbol

    BSE : 534748 NSE : STEELXIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1999

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc-Vijayawada

Industry

Metals and Minerals

What products or services does Steel Exchange India Limited offer?

Steel Exchange India Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore.

Who are the key members and board of directors at Steel Exchange India?

Executive Team (3)

NameDesignationAppointment DateStatus
Satish Bandi Country flag representing In Managing Director01-Oct-2007Current
Mannem Babu Country flag representing In Company Secretary31-Dec-2017Current
Bandi Kumar Country flag representing In Chief Financial Officer14-Dec-2017Current

Board Members (9)

NameDesignationAppointment DateStatus
Sujata Chattopadhyay Country flag representing In Director 27-Mar-2015Current
Ramineni Rao Country flag representing In Director 30-Jan-2006Current
Suresh Bavineni Country flag representing In Director 28-Feb-2000Current
Bandi Kumar Country flag representing In Wholetime Director and Chief Financial Officer 09-Feb-2015Current
Veeramachaneni Rao Country flag representing In Director 24-Jan-2000Current
Venkata Godi Country flag representing In Director 30-Jul-2012Current

Financial Performance of Steel Exchange India.

Steel Exchange India Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 9.55% increase. The company also saw a substantial improvement in profitability, with a 78.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.72%.

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
9.55%
Revenue from Operations
9.97%
Total Assets
-6.91%
Profit or Loss
78.44%
Net Worth
-28.72%
EBITDA
255.95%

What is the Ownership and Shareholding Structure of Steel Exchange India?

In 2020, Steel Exchange India had a promoter holding of 47.58% and a public holding of 52.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,897.30 Cr

Satisfied Charges

₹899.13 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1327.40 Cr
  • Sbicap Trustee Company Limited : 1200.40 Cr
  • State Bank Of India (Lead Bank) : 230.00 Cr
  • State Bank Of India - Lead Bank : 80.00 Cr
  • The Lakshmi Vilas Bank Limited : 25.90 Cr
  • Others : 33.60 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2016Canara Bank₹10.00 CrOpen
24 Mar 2016Lakshmi Vilas Bank Limited₹10.00 CrOpen
09 Dec 2014State Bank Of India₹100.00 CrOpen
26 May 2014Sbicap Trustee Company Limited₹1,200.40 CrOpen
29 Oct 2011State Bank Of India₹451.00 CrOpen

How Many Employees Work at Steel Exchange India?

Steel Exchange India has a workforce of 526 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 Steel Exchange India, 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 Steel Exchange India'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 Steel Exchange India

Recent activity within the organization

  • Annual General Meeting

    Steel Exchange India Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Steel Exchange India Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with RoC-Vijayawada.

    31 Mar 2019

  • Charges

    A charge registered on 29 Jan 2015 via Charge ID 10545580 with Ifci Venture Capital Funds Limited was fully satisfied on 19 Jul 2018.

    19 Jul 2018

  • Charges

    A charge registered on 04 Jul 2014 via Charge ID 10514254 with Venus India Asset-Finance Private Limited was fully satisfied on 24 Apr 2018.

    24 Apr 2018

  • Charges

    A charge registered on 23 Sep 2015 via Charge ID 10597402 with State Bank Of India was fully satisfied on 19 Dec 2016.

    19 Dec 2016

  • Charges

    A charge registered on 25 Oct 2012 via Charge ID 10387337 with State Bank Of India (Lead Bank) was fully satisfied on 19 Dec 2016.

    19 Dec 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Steel Exchange India Limited was incorporated on 24 Feb 1999.

  • The authorized share capital of Steel Exchange India Limited is ₹ 332.00 Cr and paid-up capital is ₹ 94.59 Cr.

  • Currently 12 directors are associated with Steel Exchange India Limited.

    • Satish Kumar Bandi
    • Suresh Bavineni
    • Bandi Ramesh Kumar
    • Veeramachaneni Venkata Krishna Rao
    • Ramineni Ramachandra Rao
    • Sujata Chattopadhyay
    • Venkata Narayana Reddy Godi
    • Bandi Ramesh Kumar
    • Mannem Raveendra Babu
    • Suresh Kumar Bandi
    • Sivaprasad Chivukula
    • Kodali Krishnarao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steel Exchange India Limited is 303 Laxmi Nivas Apts Hotel Green Park, Greenlands Hyderabad 500073, Andhra Pradesh, India.

  • The corporate identification number (CIN) of Steel Exchange India Limited is L74100AP1999PLC031191 and the company number is 031191 as per Ministry of Corporate Affairs (MCA).

  • Yes, Steel Exchange India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): STEELXIND.

  • The Official website of Steel Exchange India Limited is https://www.seil.co.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Steel Exchange India Limited has risen by 9.55%.

  • As Per 2019 financial reports, 526 employees are currently employed by Steel Exchange India Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Steel Exchange India Limited has experienced an downturn of -28.72%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Steel Exchange India Limited amount to ₹ 2,897.30 Cr.

  • The most recent Balance Sheet for Steel Exchange India Limited was filed with the ROC on 31 Mar 2019.

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