Sunvik Steels Private Limited

Manufacturer of sponge iron, billets, TMT bars, and power plant for domestic market.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated:

Sunvik Steels Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 21.52 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 474.23 Cr
  • Satisfied Charges ₹ 133.89 Cr
  • Revenue Growth 18.51%
  • Profit Growth 9.19%
  • Ebitda 41.52%
  • Net Worth 28.81%
  • Total Assets 19.99%

About Sunvik Steels

Sunvik Steels Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 2003 and has a history of 21 years and seven months. Its registered office is in Bangaluru, Karnataka, 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 55.00 Cr and a paid-up capital of Rs 21.52 Cr.

The company currently has active open charges totaling ₹474.23 Cr. The company has closed loans amounting to ₹133.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sunvik Steels Private Limited India is Raj Ghiria as COMPANY SECRETARY. Samir Korgaonkar, Harish Ramakrishna, Ravi Murarka, and One other member 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

    U27310KA2003PTC032546

  • Company No.

    032546

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 2003

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does Sunvik Steels Private Limited offer?

Sunvik Steels Private Limited offers a wide range of products and services, including TMT Bars, Iron TMT Bar, Metal Bars, Iron Billets, Bricks, Fly Ash Bricks, Minerals and Ores, Iron Ore, Fertilizers and Soil Additives, Organic Fertilizers and Manure.

Company report

Sunvik Steels Private Limited

Explore comprehensive data for Sunvik Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Raj Ghiria Country flag representing In Company Secretary09-Mar-2022Current
Vivek Kejriwal Country flag representing In Managing Director11-Sep-2003Current

Board Members (3)

NameDesignationAppointment DateStatus
Harish Ramakrishna Country flag representing In Whole-Time Director 12-Apr-2021Current
Samir Korgaonkar Country flag representing In Whole-Time Director 12-Apr-2021Current
Ravi Murarka Country flag representing In Whole-Time Director 26-Jun-2015Current

Financial Performance of Sunvik Steels.

Sunvik Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.51% increase. The company also saw a slight improvement in profitability, with a 9.19% increase in profit. The company's net worth Soared by an impressive increase of 28.81%.

Sunvik Steels revenue growth over time
Sunvik 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
18.51%
Revenue from Operations
18.57%
Total Assets
19.99%
Profit or Loss
9.19%
Net Worth
28.81%
EBITDA
41.52%

What is the Ownership and Shareholding Structure of Sunvik Steels?

In 2023, Sunvik Steels had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹474.23 Cr

Satisfied Charges

₹133.89 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 176.23 Cr
  • Axis Bank Limited : 113.00 Cr
  • Yes Bank Limited : 69.00 Cr
  • Others : 56.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 53.00 Cr
  • Others : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2024Others₹10.00 CrOpen
30 Oct 2024Hdfc Bank Limited₹0.78 MOpen
22 Mar 2024Hdfc Bank Limited₹30.50 CrOpen
03 Jan 2024Others₹10.00 CrOpen
31 Oct 2023Others₹10.00 CrOpen

How Many Employees Work at Sunvik Steels?

Sunvik Steels has a workforce of 29 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.

Employee growth trends for Sunvik Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunvik 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 Sunvik 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 Sunvik Steels

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101033818 was registered on 20 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101030373 was registered on 30 Oct 2024.

  • Annual General Meeting

    Sunvik Steels Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 26.00 Cr registered on 31 Oct 2023 with Charge ID 100812677 was modified on 01 Jul 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 28.00 Cr registered on 19 Oct 2023 with Charge ID 100805461 was modified on 01 Jul 2024.

  • Charges

    A charge with Yes Bank Limited of Rs. 50.00 Cr registered on 16 Oct 2023 with Charge ID 100805176 was modified on 01 Jul 2024.

Frequently asked questions

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

    Sunvik Steels Private Limited was incorporated on 11 Sep 2003.

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

    The authorized share capital of Sunvik Steels Private Limited is ₹ 55.00 Cr and paid-up capital is ₹ 21.52 Cr.

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

    Currently 5 directors are associated with Sunvik Steels Private Limited.

    • Raj Ghiria
    • Samir Gurudas Korgaonkar
    • Harish Chottekorianda Ramakrishna
    • Ravi Murarka
    • Vivek Kumar Kejriwal

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunvik Steels Private Limited is No.23 3Rd Floor Mes Road, Jalahalli Village Bahubali Nagar India, Bangalore, Karnataka, 560013.

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

    The corporate identification number (CIN) of Sunvik Steels Private Limited is U27310KA2003PTC032546 and the company number is 032546 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sunvik Steels Private Limited?

    The Official website of Sunvik Steels Private Limited is https://www.sunviksteels.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Sunvik Steels Private Limited has risen by 18.51%.

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

    As Per 2023 financial reports, 29 employees are currently employed by Sunvik Steels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sunvik Steels Private Limited has experienced an upsurge of 28.81%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Sunvik Steels Private Limited amount to ₹ 474.23 Cr.

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

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

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