About Siddhi Steels
Siddhi Steels is an Industrial Goods & Manufacturing company founded in 2006. Manufacturing of investment castings using the lost wax process in India. Its Indian entity Siddhi Steels Private Limited reported revenue of ₹5.24 Cr. Siddhi Steels offers products and services including Investment Castings and Pump Castings. Its focus areas include Manufacturing, Industrial Supplies, Engineering Components and Cast Products.
Company details
Siddhi Steels is recognized as a manufacturer of investment castings through the lost wax process, established in 2006 in Changodar, Ahmedabad, Gujarat. A focus is placed on meeting customer requirements, achieving short lead times, and ensuring wide material capabilities, along with thin wall castings and smooth surface finishes. Quality assurance systems are maintained for close tolerances and on-time delivery, supported by human capital expertise and continuous process improvements. The Siddhi Group encompasses manufacturing in investment casting, edible oils, decorative laminates, packaged drinking water, table spread, and cotton yarn, with operations guided by CMD Mr. Markandbhai V Parikh and contributions from Mr. Jay M Parikh in related divisions.
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Social Facebook
- Legal Name Siddhi Steels Pvt. Ltd.
- Date of Incorporation 24 Jul, 2003
- Jurisdiction Changodar, Gujarat, India
- Indian entity revenue₹5.24 Cr
FY 2025 · +37% YoY
- Indian entity net loss-₹1.37 Cr
FY 2025 · -26% margin
- Indian entity EBITDA-₹11.7 Lakh
FY 2025 · -2% margin
Associated legal entities of Siddhi Steels
Siddhi Steels operates through Siddhi Steels Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Siddhi Steels Private Limited CIN U27100GJ2003PTC073760 | Active | 24 Jul 2003 | Changodar, Gujarat | ₹5.2 Cr | 27 | 3 | View details |
Products & Services of Siddhi Steels
Siddhi Steels offers a comprehensive portfolio of products and services, including Investment Castings and Pump Castings.
Investment castings are produced for various industrial applications, including pumps and valves, to meet engineering standards.
Pump castings are created through specialized processes that emphasize quality and precision in manufacturing.
Board of directors of Siddhi Steels Private Limited (Siddhi Steels)
Siddhi Steels Private Limited is the primary company behind Siddhi Steels. The board of Siddhi Steels Private Limited currently have 3 directors; the longest-serving is Markand Virendrabhai Parikh, appointed in 2003.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Markand Virendrabhai Parikh DIN 00140954 | Director | 24 Jul 2003 | 23 yrs 3 mo | Siddhi Steels Private Limited |
| Minaxiben Markandbhai Parikh DIN 00146091 | Director | 01 Jul 2004 | 22 yrs 3 mo | Siddhi Steels Private Limited |
| Purushottam Sharma DIN 00141182 | Director | 15 Nov 2021 | 4 yrs 11 mo | Siddhi Steels Private Limited |
Financials of Siddhi Steels
Figures of Siddhi Steels Private Limited, the primary company behind Siddhi Steels, for FY 2025. Revenue was ₹5.24 Cr (+37% year on year). Net loss was -₹1.37 Cr (-26% margin). EBITDA was -₹11.7 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +11% over three years and +21% over five years.
- ₹5.24 CrRevenue · FY 2025 · +37% YoY
- -₹1.37 CrNet loss · -26% margin
- -₹11.7 LakhEBITDA · -2% margin
- ₹30 LakhPaid-up capital
- 27Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Siddhi Steels Private Limited are on its company page.
Detailed financial statements for Siddhi Steels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Siddhi Steels
Siddhi Steels was founded in 2006.
The primary company behind Siddhi Steels, Siddhi Steels Private Limited, reported revenue of ₹5.24 Cr for FY 2025, up 37% year on year.
Siddhi Steels is recognized as a manufacturer of investment castings through the lost wax process, established in 2006 in Changodar, Ahmedabad, Gujarat. A focus is placed on meeting customer requirements, achieving short lead times, and ensuring wide material capabilities, along with thin wall castings and smooth surface finishes. Quality assurance systems are maintained for close tolerances and on-time delivery, supported by human capital expertise and continuous process improvements. The Siddhi Group encompasses manufacturing in investment casting, edible oils, decorative laminates, packaged drinking water, table spread, and cotton yarn, with operations guided by CMD Mr. Markandbhai V Parikh and contributions from Mr. Jay M Parikh in related divisions.
Siddhi Steels offers Investment Castings and Pump Castings.
Siddhi Steels operates through Siddhi Steels Private Limited.
The legal entities of Siddhi Steels currently have 3 directors, including Markand Virendrabhai Parikh, Purushottam Sharma, Minaxiben Markandbhai Parikh.