Steel Shoppe India Private Limited

Manufactures and sells iron, steel, and related products.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Steel Shoppe India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.46 Cr
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 160.87 Cr
  • Satisfied Charges ₹ 29.00 Cr
  • Revenue Growth 23.79%
  • Profit Growth -1113.78%
  • Ebitda 2.63%
  • Net Worth -30.16%
  • Total Assets 19.35%

About Steel Shoppe India

Steel Shoppe India Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 1990 and has a history of 34 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vandana Finance 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 3.00 Cr and a paid-up capital of Rs 2.46 Cr.

The company currently has active open charges totaling ₹160.87 Cr. The company has closed loans amounting to ₹29.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rameshwarlal Agarwal, Umesh Agarwal, Babita Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steelshoppe.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310TN1990PTC018936

  • Company No.

    018936

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1990

  • Date of AGM

    30 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 Steel Shoppe India?

Board Members (4)

NameDesignationAppointment DateStatus
Umesh Agarwal Country flag representing In Director 26-May-2006Current
Rameshwarlal Agarwal Country flag representing In Director 06-Mar-2006Current
Babita Agarwal Country flag representing In Director 04-Aug-2018Current
Pranav Agarwal Country flag representing In Director 17-Jul-2023Current

Financial Performance of Steel Shoppe India.

Steel Shoppe India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.79% increase. The company also saw a substantial fall in profitability, with a 1113.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.16%.

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
23.79%
Revenue from Operations
23.84%
Total Assets
19.35%
Profit or Loss
-1113.78%
Net Worth
-30.16%
EBITDA
2.63%

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

In 2023, Steel Shoppe India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹160.87 Cr

Satisfied Charges

₹29.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 94.62 Cr
  • Others : 51.25 Cr
  • Standard Chartered Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2024Others₹10.00 CrOpen
08 Nov 2023Others₹30.00 CrOpen
18 Oct 2023Standard Chartered Bank₹15.00 CrOpen
30 Jun 2022Others₹11.25 CrOpen
20 Mar 2021Hdfc Bank Limited₹42.20 CrOpen

How Many Employees Work at Steel Shoppe India?

Steel Shoppe India has a workforce of 57 employees as of Apr 09, 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 Shoppe 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 Shoppe 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 Shoppe India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100953450 was registered on 14 Jun 2024.

    14 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100810929 was registered on 08 Nov 2023.

    08 Nov 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 15.00 Cr with Charge ID 100803503 was registered on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

    Steel Shoppe India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Pranav Agarwal was appointed as a Director was appointed as a Director on 17 Jul 2023 & has been associated with this company since 1 year 7 months .

    17 Jul 2023

  • Balance Sheet

    Steel Shoppe India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Frequently asked questions

  • Steel Shoppe India Private Limited was incorporated on 26 Mar 1990.

  • The authorized share capital of Steel Shoppe India Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.46 Cr.

  • Currently 4 directors are associated with Steel Shoppe India Private Limited.

    • Rameshwarlal Agarwal
    • Umesh Kumar Agarwal
    • Babita Agarwal
    • Pranav Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steel Shoppe India Private Limited is No Ac 5, 2Nd Avenue Anna Nagar India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Steel Shoppe India Private Limited is U27310TN1990PTC018936 and the company number is 018936 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Steel Shoppe India Private Limited is https://www.steelshoppe.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Steel Shoppe India Private Limited has risen by 23.79%.

  • As Per 2023 financial reports, 57 employees are currently employed by Steel Shoppe India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Steel Shoppe India Private Limited has experienced an downturn of -30.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Steel Shoppe India Private Limited amount to ₹ 160.87 Cr.

  • The most recent Balance Sheet for Steel Shoppe India Private Limited was filed with the ROC on 31 Mar 2023.

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