MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0093698
Steermate India Private Limited - machinery and equipment in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹1.82 Cr
▲ 41% YoY
Net loss · FY 2019
₹2.41 Lakh
Net margin -1.3%
EBITDA · FY 2019
₹9.44 Lakh
EBITDA margin 5.2%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹3.75 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
3
GST registered
About Steermate India Private Limited
Data last updated:
Steermate India Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35113KA2016PTC087028. Its GSTIN is 29AAWCS9377H1Z6 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹3.75 Lakh. It is led by directors Pranesh Jayabalan and Samundeeswari Balraj.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Survey No. 9/4 Kannamangala Main Road Goravigere Kannamangala Post, Bengaluru, Karnataka, India – 560067.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.82 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Lakh (net margin -1.3%) and EBITDA of ₹9.44 Lakh (EBITDA margin 5.2%).
Court records list 2 cases involving the company, including 2 filed against it.
Steermate India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0093698). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steermate.com.
Company details
CIN U35113KA2016PTC087028
Registration Number 087028
Incorporation Date 17 March 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0093698
Recognitions & Rankings of Steermate India
Contact details
Steermate India Private Limited's registered office is in Bengaluru, Karnataka. Its website is steermate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 9/4 Kannamangala Main Road Goravigere Kannamangala Post, Bengaluru, Karnataka, India – 560067
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Steermate India Private Limited, buy the company report.
Comprehensive company report
Steermate India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Steermate India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Steermate India Private Limited, buy the company report.
Financials of Steermate India Private Limited
FY 2019 filings availableSteermate India Private Limited reported revenue of ₹1.82 Cr (up 41% YoY) for FY 2019.
Revenue · FY 2019
₹1.82 Cr ▲ 41%
Net loss · FY 2019
₹2.41 Lakh margin -1.3%
EBITDA · FY 2019
₹9.44 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
EBITDA CAGR growth
1 year
▲ 3%
Revenue rose 41% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9.44 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.41 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.2% | |||
| Net Profit Margin | -1.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Steermate India Private Limited, buy the company report.
Board of directors of Steermate India Private Limited
Steermate India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranesh Jayabalan | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
| Samundeeswari Balraj | Director | 23 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Steermate India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KHN Industrial Equipments India Private Limited | ₹1.82 Cr (FY 2016) | 104.0% | Noida, Uttar Pradesh, India | |||
| Steermate India Private Limitedthis company | ₹1.82 Cr (FY 2019) | -₹2.41 Lakh | -1.3% | 41.0% | Bengaluru, Karnataka, India | |
| Amicoms Spare Parts (OPC) Private Limited | ₹1.82 Cr (FY 2025) | -51.0% | Joda, Odisha, India | |||
| Bay Island Trading and Marine Services Private Limited | ₹1.82 Cr (FY 2024) | 11.0% | Port Blair, Andaman and Nicobar Islands, India |
To see the full peer comparison of Steermate India Private Limited, buy the company report.
Auditor
Steermate India Private Limited is audited by H L S AND CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H L S AND CO | FY 2018 | 017477S |
Shareholding
The shareholding of Steermate India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Steermate India Private Limited, buy the company report.
Legal cases
Steermate India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Disposed |
To see the full case history of Steermate India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Steermate India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Steermate India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS9377H1Z6 | Karnataka | Active | 01 Jul 2017 |
| 33AAWCS9377H1ZH | Tamil Nadu | Active | 17 Aug 2017 |
| 07AAWCS9377H1ZC | Delhi | Active | 27 Nov 2019 |
To see the full GST registrations and return filing status of Steermate India Private Limited, buy the company report.
Recent activity
Steermate India Private Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Sheebagandhi Arumugam ceased to be Director on 22 Feb 2021.
Ceased
Sheebagandhi Arumugam ceased to be Director.
Ceased
Nanjundappa Kunikena Halli Veerabhadraswamy ceased to be Director.
AGM
Steermate India Private Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records.
Filing
Steermate India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Appointed
Nanjundappa Kunikena Halli Veerabhadraswamy was appointed as Director.
Ceased
Mamatha Basavaraju ceased to be Director.
Appointed
Mamatha Basavaraju was appointed as Director.
Appointed
Samundeeswari Balraj was appointed as Director.
Appointed
Pranesh Jayabalan was appointed as Director.
Appointed
Sheebagandhi Arumugam was appointed as Director.
Incorporation
17 Mar 2016
Steermate India Private Limited was registered on 17 Mar 2016 with Roc Bangalore & aged 10 years 7 months as per MCA records.
Frequently asked questions
Steermate India is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 17 March 2016 (10+ years old) and is registered under CIN U35113KA2016PTC087028.
Steermate India has 2 current directors:
- Pranesh Jayabalan - Director
- Samundeeswari Balraj - Director
The latest financial statements of Steermate India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Steermate India is 29AAWCS9377H1Z6, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAWCS9377H1ZH (Tamil Nadu), 07AAWCS9377H1ZC (Delhi).
The CIN (Corporate Identification Number) of Steermate India is U35113KA2016PTC087028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steermate India has 2 court cases on record: 2 filed against it.
Steermate India was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Steermate India by revenue are KHN Industrial Equipments India Private Limited, Amicoms Spare Parts (OPC) Private Limited, Bay Island Trading and Marine Services Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (retail trading).
Sheebagandhi Arumugam ceased to be Director on 22 Feb 2021. Nanjundappa Kunikena Halli Veerabhadraswamy ceased to be Director on 13 Jan 2020. Nanjundappa Kunikena Halli Veerabhadraswamy was appointed as Director on 24 Nov 2017. Steermate India has 8 board changes on record in total.
Yes, Steermate India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0093698).
Steermate India can be reached through the website steermate.com. Its registered office is in Bengaluru, Karnataka, India.
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