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:

Sundaram Steels Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.13 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 316.71 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 five 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 2024. 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 ₹316.71 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 are Ajaykumar Pal as COMPANY SECRETARY and Pravin Kumar as Cfo. Nishant Banka, Manish Agarwal, Yogesh Manek, 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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 (2)

NameDesignationAppointment DateStatus
Ajaykumar Pal Company Secretary29-Jun-2022Current
Pravin Kumar CFO02-Aug-2024Current

Board Members (6)

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

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%.

Sundaram Steels revenue growth over time
Sundaram Steels 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

₹316.71 Cr

Satisfied Charges

₹47.46 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 240.11 Cr
  • Axis Bank Limited : 75.79 Cr
  • Others : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Hdfc Bank Limited₹1.20 CrOpen
15 Oct 2024Hdfc Bank Limited₹7.00 MOpen
27 Aug 2024Hdfc Bank Limited₹0.75 MOpen
19 Jun 2024Axis Bank Limited₹75.79 CrOpen
28 Mar 2021Others₹3.37 MOpen

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.

Employee growth trends for Sundaram Steels Private Limited

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 amounted to Rs. 1.20 Cr with Charge ID 100998918 was registered on 29 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.70 Cr with Charge ID 101006999 was registered on 15 Oct 2024.

  • Annual General Meeting

    Sundaram Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 75.79 Cr registered on 19 Jun 2024 with Charge ID 100950410 was modified on 27 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100996747 was registered on 27 Aug 2024.

  • Director Appointment

    Pravin Kumar was appointed as a Cfo was appointed as a Cfo on 02 Aug 2024 & has been associated with this company since 7 months 25 days .

Frequently asked questions

  • What is the Incorporation or founding date of Sundaram Steels Private Limited?

    Sundaram Steels Private Limited was incorporated on 29 Sep 2008.

  • What is authorized share capital and paid-up capital of Sundaram Steels Private Limited?

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

  • Who are the current board members & directors of Sundaram Steels Private Limited?

    Currently 8 directors are associated with Sundaram Steels Private Limited.

    • Nishant Banka
    • Manish Kumar Agarwal
    • Yogesh Manek
    • Mohit Jain
    • Amit Jain
    • Anurag Singhania
    • Ajaykumar Babulnath Pal
    • Pravin Kumar

  • What is the registered address of Sundaram Steels Private Limited?

    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 India, Varanasi, Uttar Pradesh, 221311.

  • What is the corporate identification number (CIN) and company number of Sundaram Steels Private Limited?

    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).

  • What has been the recent revenue trend for Sundaram Steels Private Limited?

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

  • How many employees does Sundaram Steels Private Limited currently have?

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

  • What change has been observed in the net worth of Sundaram Steels Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Sundaram Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sundaram Steels Private Limited amount to ₹ 316.71 Cr.

  • When was the last Balance Sheet of Sundaram Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Sundaram Steels Private Limited was filed with the ROC on 31 Mar 2024.

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