Sundaram Steels Private Limited

Manufacturer of sponge iron and MS Billet, supplying to blast furnace industry in UP and Jharkhand.

2008 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: June 17, 2024

Sundaram Steels Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.13 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 238.94 Cr
  • Satisfied Charges ₹ 47.46 Cr
  • Revenue Growth 21.26%
  • Profit Growth 160.30%
  • Ebitda 69.25%
  • Net Worth 46.58%
  • Total Assets 30.51%

About Sundaram Steels

Sundaram Steels Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 2008 and has a history of 16 years and four months. Its registered office is in Varanasi, Uttar Pradesh, India.

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 15.00 Cr and a paid-up capital of Rs 11.13 Cr.

The company currently has active open charges totaling ₹238.94 Cr. The company has closed loans amounting to ₹47.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sundaram Steels Private Limited India is Ajaykumar Pal as COMPANY SECRETARY. Nishant Banka, Anurag Singhania, Amit Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100UP2008PTC036092

  • Company No.

    036092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

Who are the key members and board of directors at Sundaram Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Ajaykumar Pal Company Secretary29-Jun-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Nishant Banka Country flag representing In Director 01-Aug-2023Current
Anurag Singhania Country flag representing In Director 29-Mar-2012Current
Amit Jain Country flag representing In Director 12-Mar-2012Current
Mohit Jain Country flag representing In Director 12-Mar-2012Current
Yogesh Manek Country flag representing In Director 29-Mar-2012Current
Manish Agarwal Country flag representing In Director 08-Apr-2022Current

Financial Performance of Sundaram Steels.

Sundaram Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.26% increase. The company also saw a substantial improvement in profitability, with a 160.3% increase in profit. The company's net worth Soared by an impressive increase of 46.58%.

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
21.26%
Revenue from Operations
21.26%
Total Assets
30.51%
Profit or Loss
160.30%
Net Worth
46.58%
EBITDA
69.25%

What is the Ownership and Shareholding Structure of Sundaram Steels?

In 2023, Sundaram Steels had a promoter holding of 15.59% and a public holding of 84.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹238.94 Cr

Satisfied Charges

₹47.46 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 238.14 Cr
  • Others : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2021Others₹3.37 MOpen
18 Mar 2021Hdfc Bank Limited₹238.14 CrOpen
30 Jan 2021Others₹4.64 MOpen
28 Sep 2020Others₹4.83 CrSatisfied
29 Apr 2019Others₹22.21 CrSatisfied

How Many Employees Work at Sundaram Steels?

Sundaram Steels has a workforce of 305 employees as of Apr 08, 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 Sundaram Steels, 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 Sundaram Steels'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 Sundaram Steels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 238.14 Cr registered on 18 Mar 2021 with Charge ID 100439156 was modified on 10 Dec 2023.

    10 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Nishant Banka was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Balance Sheet

    Sundaram Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge registered on 28 Sep 2020 via Charge ID 100378039 with Others was fully satisfied on 18 Jan 2022.

    18 Jan 2022

  • Charges

    A charge registered on 29 Apr 2019 via Charge ID 100261405 with Others was fully satisfied on 18 Jan 2022.

    18 Jan 2022

Frequently asked questions

  • Sundaram Steels Private Limited was incorporated on 29 Sep 2008.

  • The authorized share capital of Sundaram Steels Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.13 Cr.

  • Currently 7 directors are associated with Sundaram Steels Private Limited.

    • Nishant Banka
    • Ajaykumar Babulnath Pal
    • Anurag Singhania
    • Amit Jain
    • Mohit Jain
    • Yogesh Manek
    • Manish Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sundaram Steels Private Limited is Arazi No. 184 Village- Todarpur, Mohansarai Kaswar Sarkari Rajatalab Rajatalab, Varanasi, Uttar Pradesh, India, 221311.

  • The corporate identification number (CIN) of Sundaram Steels Private Limited is U27100UP2008PTC036092 and the company number is 036092 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sundaram Steels Private Limited has risen by 21.26%.

  • As Per 2023 financial reports, 305 employees are currently employed by Sundaram Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sundaram Steels Private Limited has experienced an upsurge of 46.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sundaram Steels Private Limited amount to ₹ 238.94 Cr.

  • The most recent Balance Sheet for Sundaram Steels Private Limited was filed with the ROC on 31 Mar 2023.

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