About Sunvik Steels Private Limited
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Sunvik Steels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27310KA2003PTC032546. Its GSTIN is 29AAHCS6286N1ZE (Karnataka).
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹21.52 Cr. It is led by directors including Vivek Kumar Kejriwal (Managing Director) and Samir Gurudas Korgaonkar (Whole-Time Director).
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 No.23 3rd Floor Mes Road Jalahalli Village Bahubali Nagar, Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2025, the company reported a revenue of ₹852.73 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹20.63 Cr (net margin 2.4%) and EBITDA of ₹90.59 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sunvik Steels. As per MCA filings, the company has open charges of ₹474.41 Cr and satisfied charges of ₹163.89 Cr on record. Court records list 397 cases involving the company, including 313 filed by the company and 84 filed against it; 122 cases are pending. The company has 26 deals on record (20 secondary share transfers, 6 funding rounds), with disclosed funding of ₹48.06 Cr; the latest was in July 2021. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Zamil Steel Buildings India Private Limited with revenue of ₹869.18 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunviksteels.com.
Company details
Contact details
Sunvik Steels Private Limited's registered office is in Bangalore, Karnataka. Its website is sunviksteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.23 3rd Floor Mes Road Jalahalli Village Bahubali Nagar, Bangalore, Karnataka, India – 560013
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sunvik Steels Private Limited, buy the company report.
- 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
Brands
Sunvik Steels operates one associated brand: Sunvik Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing, including TMT bars and wires, with a focus on construction and industrial supplies in India. | sunviksteels.com |
Business activity
The main business activities of Sunvik Steels are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products, electric power generation, transmission and distribution and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sunvik Steels Private Limited, buy the company report.
Financials of Sunvik Steels Private Limited
FY 2025 filings availableSunvik Steels Private Limited reported revenue of ₹852.73 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 3% growth in the latest year. EBITDA rose 39% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹90.59 Cr | ||||
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| Net Profit (PAT) | ₹20.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Sunvik Steels Private Limited, buy the company report.
Board of directors of Sunvik Steels Private Limited
Sunvik Steels has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Gurudas Korgaonkar | Whole-Time Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Harish Chottekorianda Ramakrishna | Whole-Time Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Ravi Murarka | Whole-Time Director | 26 Jun 2015 | 11 Years 3 Months | Current |
| Vivek Kumar Kejriwal | Managing Director | 11 Sep 2003 | 23 Years 1 Months | Current |
Peer comparison
Sunvik Steels Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zamil Steel Buildings India Private Limited | ₹869.18 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Wada Ingots Private Limited | ₹862.13 Cr (FY 2025) | 48.0% | Thane, Maharashtra, India | |||
| Renny Strips Limited | ₹860.88 Cr (FY 2025) | -3.0% | Ludhiana, Punjab, India | |||
| Sunvik Steels Private Limitedthis company | ₹852.73 Cr (FY 2025) | ₹20.63 Cr | 2.4% | 3.0% | 29 | Bangalore, Karnataka, India |
| Scan Energy & Power Limited | ₹848.99 Cr (FY 2025) | 1.0% | Bhubaneswar, Odisha, India | |||
| GM Iron & Steel Company Limited | ₹847.67 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Vinayak TMT Bars Private Limited | ₹836.76 Cr (FY 2025) | -14.0% | Dehgam, Gujarat, India | |||
| Shree Nakoda Ispat Limited | ₹834.68 Cr (FY 2025) | 4.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Sunvik Steels Private Limited, buy the company report.
Auditor
Sunvik Steels Private Limited is audited by P K RUNGTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K RUNGTA & CO | FY 2023 | 003498S |
Shareholding
The shareholding of Sunvik Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunvik Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2025 | 101104373 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 20 Dec 2024 | 101033818 | Others | ₹10 Cr | Open | |
| 30 Oct 2024 | 101030373 | Hdfc Bank Limited | ₹7.8 Lakh | Open | |
| 22 Mar 2024 | 100893820 | Hdfc Bank Limited | ₹30.5 Cr | Open | |
| 03 Jan 2024 | 100853729 | Others | ₹10 Cr | Open |
To see the full charge records of Sunvik Steels Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Sunvik Steels Private Limited has 26 deals on record (20 secondary share transfers, 6 funding rounds), with disclosed funding of ₹48.06 Cr; the latest was in July 2021.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Seller: Dyna Trade Links Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sunland Recycling Industries Limited , 3 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sherawali Commotrade Private Limited , Rohit Vyapaar Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Sunland Recycling Industries Limited , 3 individuals Seller: 4 individuals |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Topaim Properties Private Limited , an individual |
To see the full deal history of Sunvik Steels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunvik Steels Private Limited has 397 court cases on record: 313 filed by Sunvik Steels, 84 filed against it. 122 cases are pending and 275 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 356 | 57 | 118 |
| High courts | 39 | 26 | 3 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 397)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by M/S Ars Steels and Alloy International Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against GR Build Solutions Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Gail (India) Ltd | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by M/S Ars Steels and Alloy International Pvt Ltd., and 1 other | Disposed |
| High Court, KARNATAKA | Court case (CRL.RP) | Filed against the company by M/S Ashok Magnetics Ltd and 1 other | Disposed |
To see the full case history of Sunvik Steels 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 Sunvik Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sunvik Steels has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Sunvik Steels Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Sunvik Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS6286N1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunvik Steels Private Limited, buy the company report.
Recent activity
Sunvik Steels Private Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Rahul Rungta ceased to be Company Secretary on 09 Mar 2022.
50 earlier events are in the company report.
Frequently asked questions
Sunvik Steels is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 September 2003 (23+ years old) and is registered under CIN U27310KA2003PTC032546.
Sunvik Steels has 4 current directors:
- Vivek Kumar Kejriwal - Managing Director
- Samir Gurudas Korgaonkar - Whole-Time Director
- Harish Chottekorianda Ramakrishna - Whole-Time Director
- Ravi Murarka - Whole-Time Director
The latest financial statements of Sunvik Steels 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 2015 are in the company report.
The GSTIN of Sunvik Steels is 29AAHCS6286N1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Sunvik Steels is U27310KA2003PTC032546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunvik Steels has 397 court cases on record: 313 filed by the company and 84 filed against it. 122 are pending. Most are in the district courts.
Sunvik Steels was incorporated on 11 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Sunvik Steels has 26 deals on record (20 secondary share transfers, 6 funding rounds), with disclosed funding of ₹48.06 Cr; the latest was in July 2021.
The peers of Sunvik Steels by revenue are Zamil Steel Buildings India Private Limited, Wada Ingots Private Limited, Renny Strips Limited, Scan Energy & Power Limited, GM Iron & Steel Company Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Rahul Rungta ceased to be Company Secretary on 09 Mar 2022. Harish Chottekorianda Ramakrishna was appointed as Whole-Time Director on 12 Apr 2021. Samir Gurudas Korgaonkar was appointed as Whole-Time Director on 12 Apr 2021. Sunvik Steels has 9 board changes on record in total.
Sunvik Steels can be reached through the website sunviksteels.com. Its registered office is in Bangalore, Karnataka, India.