Hitesh Steel Syndicate (India) Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2012.

2012 Mumbai, Maharashtra, India Active

Last Updated: February 16, 2026

About Hitesh Steel Syndicate (India) Private Limited

Hitesh Steel Syndicate (India) Private Limited, a active private limited company, was established on 12 November 2012 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the trade sector, it holds CIN: U28910MH2012PTC237841. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.50 M.

It upholds a compliant status. Its leadership includes Sanjay Hasmukhrai Shah (Director), Hitesh Hasmukhrai Shah (Director), Hasmukhrai Rajpal Shah (Director). It holds ₹10.00 Cr open charges and ₹2.47 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at B - 101, Shankar Dhan Plaza,Near Mehul Cinema, Jawaharlal Nehru Road,Mulund (West),, Mumbai, Maharashtra, 400080.

Company Details

CIN/LLPIN
U28910MH2012PTC237841
Registration Number
237841
Incorporation Date
12 November 2012
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹3.50 M
ROC Code
Roc Mumbai I
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 16-02-2026
Paid Up Capital ₹ 3.50 M as on 16-02-2026
Company Age 13 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 10.00 Cr as on 16-02-2026
Satisfied Charges ₹ 2.47 Cr as on 16-02-2026
Revenue Growth **** 35.08% (FY 2023)
Profit Growth **** -62.44% (FY 2023)
Ebitda **** -42.40% (FY 2023)
Net Worth 11.63% (FY 2023)
Total Assets **** 22.73% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hitesh Steel Syndicate (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hitesh Steel Syndicate (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sanjay Hasmukhrai Shah	Director	12 Nov 2012	Current
Hitesh Hasmukhrai Shah	Director	12 Nov 2012	Current
Hasmukhrai Rajpal Shah	Director	12 Nov 2012	Current
Jenil Sanjay Shah	Additional Director	07 Oct 2025	Current

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Financial Performance of Hitesh Steel Syndicate (India).

Hitesh Steel Syndicate (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.08% increase. The company also saw a substantial fall in profitability, with a 62.44% decrease in profit. The company's net worth Soared by an impressive increase of 11.63%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

35.08%

*******

Revenue from Operations

*******

35.08%

*******

Total Assets

*******

22.73%

*******

Profit or Loss

*******

-62.44%

*******

Net Worth

*******

11.63%

*******

EBITDA

*******

-42.40%

*******

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What is the Ownership and Shareholding Structure of Hitesh Steel Syndicate (India)?

In 2023, Hitesh Steel Syndicate (India) had a promoter holding of 99.87% and a public holding of 0.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹100,000,000.00

Satisfied Charges

₹24,700,000.00

Charges Breakdown by Lending Institutions

Others : 10.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Jul 2022	Others	₹10.00 Cr	Open
18 Apr 2013	Others	₹2.47 Cr	Satisfied

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How Many Employees Work at Hitesh Steel Syndicate (India)?

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

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hitesh Steel Syndicate (India), 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 Hitesh Steel Syndicate (India)'s trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Hitesh Steel Syndicate (India)

Recent Activity within the Organization

Director Appointment

The activity Jenil Sanjay Shah was appointed as a Additional Director was appointed as a Additional Director on 07 Oct 2025 & has been associated with this company since 4 months 21 days . was completed.
07 Oct 2025
Annual General Meeting

Progress on Hitesh Steel Syndicate (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

A charge registered on 18 Apr 2013 via Charge ID 10424462 with Others was fully satisfied on 23 Jul 2025. was recorded as a recent event.
23 Jul 2025
Balance Sheet

The activity Hitesh Steel Syndicate (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.
31 Mar 2025
Charges

The activity A charge with Others of Rs. 10.00 Cr registered on 13 Jul 2022 with Charge ID 100610055 was modified on 30 Jan 2025. was completed.
30 Jan 2025
Charges

The activity A charge with Others of Rs. 2.47 Cr registered on 18 Apr 2013 with Charge ID 10424462 was modified on 13 Oct 2023. was completed.
13 Oct 2023

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Frequently Asked Questions

What is the CIN of Hitesh Steel Syndicate (India) Private Limited?

The CIN of Hitesh Steel Syndicate (India) Private Limited is U28910MH2012PTC237841.

Where is Hitesh Steel Syndicate (India) Private Limited headquartered?

Hitesh Steel Syndicate (India) Private Limited is headquartered at B - 101, Shankar Dhan Plaza,Near Mehul Cinema, Jawaharlal Nehru Road,Mulund (West),, Mumbai, Maharashtra, 400080.

When was Hitesh Steel Syndicate (India) Private Limited incorporated?

Hitesh Steel Syndicate (India) Private Limited was incorporated on 12 November 2012.

Who are the current directors of Hitesh Steel Syndicate (India) Private Limited?

The current directors of Hitesh Steel Syndicate (India) Private Limited are

What is the primary industry of Hitesh Steel Syndicate (India) Private Limited?

The primary industry of Hitesh Steel Syndicate (India) Private Limited is Trade.

Is Hitesh Steel Syndicate (India) Private Limited a listed company?

Hitesh Steel Syndicate (India) Private Limited is unlisted.

What is the capital structure of Hitesh Steel Syndicate (India) Private Limited?

The authorized capital of Hitesh Steel Syndicate (India) Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.50 M.

What is the compliance status of Hitesh Steel Syndicate (India) Private Limited?

The compliance status of Hitesh Steel Syndicate (India) Private Limited is Compliant.

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