Steelfur System Private Limited

Manufacturer of storage solutions for various industries, including racks, cabinets, and display products.

2007 | Vadodara, Gujarat (India) | Active
Last Updated: October 23, 2024

Steelfur System Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.68 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.70 Cr
  • Satisfied Charges ₹ 41.45 Cr
  • Revenue Growth 59.36%
  • Profit Growth -11.04%
  • Ebitda 53.63%
  • Net Worth 9.12%
  • Total Assets 7.21%

About Steelfur System

Steelfur System Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2007 and has a history of 17 years and ten months. Its registered office is in Vadodara, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.70 Cr and a paid-up capital of Rs 1.68 Cr.

The company currently has active open charges totaling ₹25.70 Cr. The company has closed loans amounting to ₹41.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rameshbhai Kayastha and Jignesh Kayasth serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steelfur.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106GJ2007PTC050507

  • Company No.

    050507

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2007

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Steelfur System Private Limited offer?

Steelfur System Private Limited offers a wide range of products and services, including Industrial Racks & Storage System, Industrial Storage Rack, Retail Display Stands and Fixtures, Display Rack, Warehouse Racks, Automated Storage & Retrieval System, Crates, Trays and Pallets, Industrial Pallet, Spill Containment Pallets, Mesh Boxes.

Who are the key members and board of directors at Steelfur System?

Executive Team (1)

NameDesignationAppointment DateStatus
Jignesh Kayasth Country flag representing In Managing Director12-Apr-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Rameshbhai Kayastha Country flag representing In Director 01-Mar-2009Current

Financial Performance of Steelfur System.

Steelfur System Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.36% increase. The company also saw a substantial fall in profitability, with a 11.04% decrease in profit. The company's net worth moved up by a moderate rise of 9.12%.

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
59.36%
Revenue from Operations
65.15%
Total Assets
7.21%
Profit or Loss
-11.04%
Net Worth
9.12%
EBITDA
53.63%

What is the Ownership and Shareholding Structure of Steelfur System?

In 2023, Steelfur System 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

₹25.70 Cr

Satisfied Charges

₹41.45 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 25.70 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2022Yes Bank Limited₹13.60 CrOpen
27 Jan 2022Yes Bank Limited₹12.10 CrOpen
31 Aug 2019Others₹1.50 CrSatisfied
22 Feb 2018Others₹12.26 CrSatisfied
26 Sep 2017Others₹11.35 CrSatisfied

How Many Employees Work at Steelfur System?

Steelfur System has a workforce of 98 employees as of Apr 06, 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 Steelfur System, 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 Steelfur System'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 Steelfur System

Recent activity within the organization

  • Annual General Meeting

    Steelfur System Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 13.60 Cr registered on 25 Apr 2022 with Charge ID 100568774 was modified on 23 Apr 2024.

    23 Apr 2024

  • Balance Sheet

    Steelfur System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 12.10 Cr registered on 27 Jan 2022 with Charge ID 100535856 was modified on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge registered on 31 Aug 2019 via Charge ID 100301990 with Others was fully satisfied on 27 Apr 2022.

    27 Apr 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 13.60 Cr with Charge ID 100568774 was registered on 25 Apr 2022.

    25 Apr 2022

Frequently asked questions

  • Steelfur System Private Limited was incorporated on 12 Apr 2007.

  • The authorized share capital of Steelfur System Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.68 Cr.

  • Currently 2 directors are associated with Steelfur System Private Limited.

    • Rameshbhai Shantilal Kayastha
    • Jignesh Rameshbhai Kayasth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Steelfur System Private Limited is 877/1 G.I.D.C. Makarpura India, Vadodara, Gujarat, 390010.

  • The corporate identification number (CIN) of Steelfur System Private Limited is U27106GJ2007PTC050507 and the company number is 050507 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Steelfur System Private Limited is https://www.steelfur.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Steelfur System Private Limited has risen by 59.36%.

  • As Per 2023 financial reports, 98 employees are currently employed by Steelfur System Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Steelfur System Private Limited has experienced an upsurge of 9.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Steelfur System Private Limited amount to ₹ 25.70 Cr.

  • The most recent Balance Sheet for Steelfur System Private Limited was filed with the ROC on 31 Mar 2024.

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