Steer Engineering Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 5.59 M
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 83.47 Cr
- Satisfied Charges ₹ 269.09 Cr
- Revenue Growth 35.93%
- Profit Growth 143.29%
- Ebitda 77.61%
- Net Worth 8.03%
- Total Assets 17.35%
About Steer Engineering
Steer Engineering Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1993 and has a history of 31 years and ten months. Its registered office is in Bangaluru, Karnataka, 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 9.50 M and a paid-up capital of Rs 5.59 M.
The company currently has active open charges totaling ₹83.47 Cr. The company has closed loans amounting to ₹269.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shiva Subramanian, Babu Padmanabhan, Satish Padmanabhan, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U05190KA1993PTC015303
- Company No.
015303
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1993
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Steer Engineering Private Limited offer?
Steer Engineering Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Shafts, Extruder Machine, Twin Screw Extruder, Plastic Polymers, Polymer Granules, Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Conveyor Systems & Components, Conveyor Feeders.
Who are the key members and board of directors at Steer Engineering?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Padmanabhan  | Managing Director | 29-Sep-2001 | Current |
| Babu Padmanabhan | Managing Director | 23-Apr-1993 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shiva Subramanian | Additional Director | 03-Apr-2024 | Current |
| Padmanabhan Ramaswamy | Whole-Time Director | 11-Nov-1997 | Current |
| Thokalahalli Hari | Director | 01-Mar-2023 | Current |
Financial Performance of Steer Engineering.
Steer Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.93% increase. The company also saw a substantial improvement in profitability, with a 143.29% increase in profit. The company's net worth moved up by a moderate rise of 8.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Steer Engineering?
In 2022, Steer Engineering had a promoter holding of 84.17% and a public holding of 15.83%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Steer Information Technologies Private LimitedBabu Padmanabhan and Satish Padmanabhan are mutual person
Phitons Bioengineering Private LimitedShiva Subramanian, Babu Padmanabhan and 1 more are mutual person
Iimcalcutta Innovation ParkThokalahalli Hari is a mutual person
Carbon Continuum Private LimitedShiva Subramanian is a mutual person
Connect Infra Research Private LimitedShiva Subramanian is a mutual person
Gene Express Genkit Distributors LlpShiva Subramanian is a mutual person
Charges (Loans)
₹834.70 M
₹2,690.92 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 53.40 Cr
- Others : 30.00 Cr
- Canara Bank : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2023 | Others | ₹20.00 Cr | Open |
| 21 Dec 2018 | Others | ₹10.00 Cr | Open |
| 20 Dec 2018 | Axis Bank Limited | ₹53.40 Cr | Open |
| 11 Jan 1993 | Canara Bank | ₹0.62 M | Open |
| 19 Jul 1985 | Canara Bank | ₹0.04 M | Open |
How Many Employees Work at Steer Engineering?
Steer Engineering has a workforce of 296 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Steer Engineering, 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 Steer Engineering's trajectory.
Rating
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
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.
