Agastya Steel Private Limited
About Agastya Steel Private Limited
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Agastya Steel Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 13 September 2022.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U51909AP2022PTC122773.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Venkatteswara Rao Surisetty and Ganivada Peddi Naidu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 48 – 2 – 32/3 Srinagar Near Ramatalkies, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.57 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹21,460 (net margin -4.7%) and EBITDA of -₹5,000 (EBITDA margin -1.1%).
Company details
Contact details
Agastya Steel Private Limited's registered office is in Visakhapatnam, Andhra Pradesh.
- Registered Address48 – 2 – 32/3 Srinagar Near Ramatalkies, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
Business activity
The main business activity of Agastya Steel is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Agastya Steel Private Limited, buy the company report.
Financials of Agastya Steel Private Limited
FY 2025 filings availableAgastya Steel Private Limited reported revenue of ₹4.57 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA rose 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | -₹5,000 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹21,460 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.1% | |
| Net Profit Margin | -4.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
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| Net Profit Growth | ||
To see the full financial statements and ratios of Agastya Steel Private Limited, buy the company report.
Board of directors of Agastya Steel Private Limited
Agastya Steel has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatteswara Rao Surisetty | Director | 13 Sep 2022 | 4 Years 2 Months | Current |
| Ganivada Peddi Naidu | Director | 13 Sep 2022 | 4 Years 2 Months | Current |
Peer comparison
Agastya Steel Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parmanand Steel Private Limited | ₹4.58 Lakh (FY 2018) | 30.0% | New Delhi, Delhi, India | |||
| Agastya Steel Private Limitedthis company | ₹4.57 Lakh (FY 2024) | -₹21,460 | -4.7% | -44.0% | Visakhapatnam, Andhra Pradesh, India | |
| Armstrong Vincom Private Limited | ₹4.52 Lakh (FY 2024) | -19.0% | Rourkela, Odisha, India | |||
| Nam Steel Industries Private Limited | ₹4.5 Lakh (FY 2022) | Delhi, India |
To see the full peer comparison of Agastya Steel Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Agastya Steel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agastya Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Agastya Steel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Agastya Steel Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Malleswara Rao Jajimoggala ceased to be Managing Director on 12 Oct 2022.
Frequently asked questions
Agastya Steel is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 13 September 2022 (4+ years old) and is registered under CIN U51909AP2022PTC122773.
Agastya Steel has 2 current directors:
- Venkatteswara Rao Surisetty - Director
- Ganivada Peddi Naidu - Director
The latest financial statements of Agastya Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Agastya Steel is U51909AP2022PTC122773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agastya Steel was incorporated on 13 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Agastya Steel by revenue are Parmanand Steel Private Limited, Armstrong Vincom Private Limited, Nam Steel Industries Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading).
Malleswara Rao Jajimoggala ceased to be Managing Director on 12 Oct 2022. Ganivada Peddi Naidu was appointed as Director on 13 Sep 2022. Venkatteswara Rao Surisetty was appointed as Director on 13 Sep 2022.
The registered office of Agastya Steel is at 48 – 2 – 323 Srinagar Near Ramatalkies, Visakhapatnam, Andhra Pradesh, India – 530016.
Agastya Steel operates in the metals and minerals industry, in the metal retail and distribution segment.
Agastya Steel can be reached at its registered office: 48 – 2 – 323 Srinagar Near Ramatalkies, Visakhapatnam, Andhra Pradesh, India – 530016.
Agastya Steel is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.
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