Surani Steel Tubes Limited

Manufacturer and exporter of ERW steel tubes, pipes, and coils, established in 2012 in Gujarat.

2012 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: November 17, 2024

Surani Steel Tubes Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.52 Cr
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.35 Cr
  • Satisfied Charges ₹ 36.90 Cr
  • Revenue Growth -9.50%
  • Profit Growth -196.73%
  • Ebitda -92.51%
  • Net Worth -7.30%
  • Total Assets -19.30%

About Surani Steel Tubes

Surani Steel Tubes Limited (SSTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 July 2012 and has a history of 12 years and six months. Its registered office is in Gandhi Nagar, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol SURANI.

The Corporate was formerly known as Surani Steel Tubes Private Limited. The Company is engaged in the Manufacturing 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 25.00 Cr and a paid-up capital of Rs 12.52 Cr.

The company currently has active open charges totaling ₹15.35 Cr. The company has closed loans amounting to ₹36.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Surani Steel Tubes Limited India are Pavni Singla as CFO and Mohinder Singh as Company Secretary. Pavni Singla, Gurpreet Bhatia, Sangeeta Mehtani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    suranisteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109GJ2012PLC071373

  • Company No.

    071373

  • Stock Symbol

    NSE : SURANI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2012

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Surani Steel Tubes Limited offer?

Surani Steel Tubes Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Steel Pipes and Tubes, Hollow Sections, Steel Pipes, Aluminum, Brass, Bronze Pipes, Rounded Pipe, Industrial Steel.

Who are the key members and board of directors at Surani Steel Tubes?

Executive Team (4)

NameDesignationAppointment DateStatus
Pavni Singla Country flag representing In CFO24-Aug-2023Current
Mohinder Singh Country flag representing In Company Secretary03-May-2023Current
Chetan Singla Country flag representing In Managing Director03-May-2023Current
Vijay Singla Country flag representing In Managing Director03-May-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Pavni Singla Country flag representing In Whole-Time Director and Cfo 30-Sep-2023Current
Gurpreet Bhatia Country flag representing In Director 03-May-2023Current
Sangeeta Mehtani Country flag representing In Director 03-May-2023Current
Kailash Garg Country flag representing In Director 03-May-2023Current

Financial Performance of Surani Steel Tubes.

Surani Steel Tubes Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.5% decrease. The company also saw a substantial fall in profitability, with a 196.73% decrease in profit. The company's net worth dipped by a decrease of 7.3%.

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
-9.50%
Revenue from Operations
-9.62%
Total Assets
-19.30%
Profit or Loss
-196.73%
Net Worth
-7.30%
EBITDA
-92.51%

What is the Ownership and Shareholding Structure of Surani Steel Tubes?

In 2023, Surani Steel Tubes had a promoter holding of 33.97% and a public holding of 66.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.35 Cr

Satisfied Charges

₹36.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.35 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2022Hdfc Bank Limited₹15.35 CrOpen
01 Mar 2021Others₹1.00 CrSatisfied
27 Jan 2020Others₹1.00 CrSatisfied
04 Sep 2017Others₹1.00 CrSatisfied
19 Apr 2017Others₹1.00 CrSatisfied

How Many Employees Work at Surani Steel Tubes?

Unlock and access historical data on people associated with Surani Steel Tubes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Surani Steel Tubes, 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 Surani Steel Tubes'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 Surani Steel Tubes

Recent activity within the organization

  • Annual General Meeting

    Surani Steel Tubes Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Surani Steel Tubes Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Pavni Singla was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Director Appointment

    Pavni Singla was appointed as a Cfo was appointed as a Cfo on 24 Aug 2023 & has been associated with this company since 1 year 6 months .

    24 Aug 2023

  • Director Appointment

    Gurpreet Singh Bhatia was appointed as a Director was appointed as a Director on 03 May 2023 & has been associated with this company since 1 year 9 months .

    03 May 2023

  • Director Appointment

    Sangeeta Mehtani was appointed as a Director was appointed as a Director on 03 May 2023 & has been associated with this company since 1 year 9 months .

    03 May 2023

Frequently asked questions

  • Surani Steel Tubes Limited was incorporated on 31 Jul 2012.

  • The authorized share capital of Surani Steel Tubes Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.52 Cr.

  • Currently 8 directors are associated with Surani Steel Tubes Limited.

    • Pavni Singla
    • Gurpreet Singh Bhatia
    • Sangeeta Mehtani
    • Kailash Garg
    • Pavni Singla
    • Mohinder Singh
    • Chetan Singla
    • Vijay Singla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Surani Steel Tubes Limited is S. No.110 115 Opp. Vinayak Tmt Bayad Road Tal. Dahegam, India, Sampa, Gujarat, 382315.

  • The corporate identification number (CIN) of Surani Steel Tubes Limited is L27109GJ2012PLC071373 and the company number is 071373 as per Ministry of Corporate Affairs (MCA).

  • Yes, Surani Steel Tubes Limited is registered on National Stock Exchange (NSE).

  • The Official website of Surani Steel Tubes Limited is https://www.suranisteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Surani Steel Tubes Limited has fallen by -9.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Surani Steel Tubes Limited has experienced an downturn of -7.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Surani Steel Tubes Limited amount to ₹ 15.35 Cr.

  • The most recent Balance Sheet for Surani Steel Tubes Limited was filed with the ROC on 31 Mar 2024.

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