Steelstrong Valves (India) Private Limited

Manufacturer of industrial valves for various industries with 1,530 clients.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 06, 2024

Steelstrong Valves (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.33 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.66 Cr
  • Satisfied Charges ₹ 73.39 Cr
  • Revenue Growth 49.50%
  • Profit Growth 158.55%
  • Ebitda 35.49%
  • Net Worth 9.07%
  • Total Assets 28.12%

About Steelstrong Valves (India)

Steelstrong Valves (India) Private Limited (SVIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 1993 and has a history of 31 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Steel Strong Valves (India) Private Limited. The Company is engaged in the Machinery And Equipment 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 1.33 Cr.

The company currently has active open charges totaling ₹60.66 Cr. The company has closed loans amounting to ₹73.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Shetty, Smita Shetty, Sagar Shetty, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910GJ1993PTC099066

  • Company No.

    099066

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1993

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Steelstrong Valves (India) Private Limited offer?

Steelstrong Valves (India) Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Gate & Sluice Valves.

Who are the key members and board of directors at Steelstrong Valves (India)?

Executive Team (1)

Name Designation Appointment Date Status
Ramesh Shetty Country flag representing In Managing Director 09-Dec-1993 Current

Board Members (4)

Name Designation Appointment Date Status
Sagar Shetty Country flag representing In Director 15-Mar-2011 Current
Smita Shetty Country flag representing In Director 09-Dec-1993 Current
Deepa Shetty Country flag representing In Director 01-Oct-2018 Current
Thomas George Country flag representing In Director 08-Jun-2010 Current

Financial Performance of Steelstrong Valves (India).

Steelstrong Valves (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.5% increase. The company also saw a substantial improvement in profitability, with a 158.55% increase in profit. The company's net worth moved up by a moderate rise of 9.07%.

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
49.50%
Revenue from Operations
48.71%
Total Assets
28.12%
Profit or Loss
158.55%
Net Worth
9.07%
EBITDA
35.49%

What is the Ownership and Shareholding Structure of Steelstrong Valves (India)?

In 2023, Steelstrong Valves (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

₹60.66 Cr

Satisfied Charges

₹73.39 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 60.66 Cr

Latest Charge Details

Date Lender Amount Status
07 Nov 2022 Hdfc Bank Limited ₹2.16 M Open
05 Sep 2017 Hdfc Bank Limited ₹1.00 Cr Open
08 Jul 2015 Hdfc Bank Limited ₹59.44 Cr Open
01 Jul 2015 Hdfc Bank Limited ₹19.00 Cr Satisfied
06 Sep 2014 Vijaya Bank ₹2.50 M Satisfied

How Many Employees Work at Steelstrong Valves (India)?

Steelstrong Valves (India) has a workforce of 245 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 Steelstrong Valves (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 Steelstrong Valves (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 Steelstrong Valves (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 59.44 Cr registered on 08 Jul 2015 with Charge ID 10582596 was modified on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

    Steelstrong Valves (India) Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Steelstrong Valves (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100647922 was registered on 07 Nov 2022.

    07 Nov 2022

  • Charges

    A charge registered on 06 Sep 2014 via Charge ID 10525214 with Vijaya Bank was fully satisfied on 06 Jan 2020.

    06 Jan 2020

  • Charges

    A charge registered on 01 Jul 2015 via Charge ID 10582595 with Hdfc Bank Limited was fully satisfied on 09 Apr 2019.

    09 Apr 2019

Frequently asked questions

  • Steelstrong Valves (India) Private Limited was incorporated on 09 Dec 1993.

  • The authorized share capital of Steelstrong Valves (India) Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.33 Cr.

  • Currently 5 directors are associated with Steelstrong Valves (India) Private Limited.

    • Ramesh Subaiya Shetty
    • Smita Ramesh Shetty
    • Sagar Ramesh Shetty
    • Deepa Vachan Shetty
    • Thomas George
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steelstrong Valves (India) Private Limited is A/102 Rivera Eligance B/H. Campus Corner-2, Opp. Auda Garden Prahladnagar, Ahmadabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Steelstrong Valves (India) Private Limited is U28910GJ1993PTC099066 and the company number is 099066 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Steelstrong Valves (India) Private Limited is https://www.steelstrong.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Steelstrong Valves (India) Private Limited has risen by 49.50%.

  • As Per 2023 financial reports, 245 employees are currently employed by Steelstrong Valves (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Steelstrong Valves (India) Private Limited has experienced an upsurge of 9.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Steelstrong Valves (India) Private Limited amount to ₹ 60.66 Cr.

  • The most recent Balance Sheet for Steelstrong Valves (India) Private Limited was filed with the ROC on 31 Mar 2023.