MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0001997
Popuri Steels Limited - metals and minerals in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹112.82 Cr
▲ 12% YoY
Net profit · FY 2023
₹23.26 Lakh
Net margin 0.2%
EBITDA · FY 2023
₹1.27 Cr
EBITDA margin 1.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.62 Cr
Issued & subscribed
Satisfied charges
₹15.13 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
85
Provident fund records
About Popuri Steels Limited
Data last updated:
Popuri Steels Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27109TG2004PLC043646. Its GSTIN is 29AADCP3257E2ZE (Karnataka). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.62 Cr. It is led by directors including Ankineedu Popuri (Managing Director) and Krishnamohan Rao Vallabhaneni.
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 #12 – 2 – 460/2 Sai Sudha Nilayam New HUDA Layout Gudimalkapur Mehdipatnam, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2023, the company reported a revenue of ₹112.82 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹23.26 Lakh (net margin 0.2%) and EBITDA of ₹1.27 Cr (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
The company has about 85 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15.13 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 2 cases are pending. The company has 14 deals on record (10 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹7.47 Cr; the latest was in December 2019.
Popuri Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0001997). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website popurigroup.com.
Company details
CIN U27109TG2004PLC043646
Registration Number 043646
Incorporation Date 14 July 2004
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-05-0001997
CIN history
Popuri Steels has one previous CIN (Corporate Identification Number): U27109AP2004PLC043646. The current CIN is U27109TG2004PLC043646, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TG2004PLC043646 | Current |
| U27109AP2004PLC043646 | Previous |
Key People
Ankineedu Popuri Managing Director Krishnamohan Rao Vallabhaneni Director Aswani Srinivas Bojedla Director Recognitions & Rankings of Popuri Steels
Contact details
Popuri Steels Limited's registered office is in Hyderabad, Telangana. Its website is popurigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#12 – 2 – 460/2 Sai Sudha Nilayam New HUDA Layout Gudimalkapur Mehdipatnam, Hyderabad, Telangana, India – 500028
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Popuri Steels Limited, buy the company report.
Comprehensive company report
Popuri Steels 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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Financials of Popuri Steels Limited
FY 2025 filings availablePopuri Steels Limited reported revenue of ₹112.82 Cr (up 12% YoY) for FY 2023.
Revenue · FY 2023
₹112.82 Cr ▲ 12%
Net profit · FY 2023
₹23.26 Lakh margin 0.2%
EBITDA · FY 2023
₹1.27 Cr margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 23%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 17%
5 years · compounded
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 12% growth in the latest year. EBITDA fell 43% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹112.82 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.26 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Popuri Steels Limited, buy the company report.
Board of directors of Popuri Steels Limited
Popuri Steels has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamohan Rao Vallabhaneni Also directs: Popuri Plant-Tech LLP, Popuri Industries Limited | Director | 14 Jul 2004 | 22 Years 3 Months | Current |
| Ankineedu Popuri Also directs: Popuri Plant-Tech LLP, Popuri Industries Limited | Managing Director | 14 Jul 2004 | 22 Years 3 Months | Current |
| Aswani Srinivas Bojedla Also directs: Popuri Industries Limited | Director | 04 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Popuri Steels Limited is audited by VDNR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VDNR & ASSOCIATES | FY 2023 | 011251S |
Shareholding
The shareholding of Popuri Steels Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Popuri Steels Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹15.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2019 | 100313437 | Axis Bank Limited | ₹22.63 Lakh | Satisfied | |
| 20 Aug 2014 | 10520024 | State Bank of India | ₹10 Cr | Satisfied | |
| 27 Oct 2009 | 10182214 | Kotak Mahindra Bank Limited | ₹40.28 Lakh | Satisfied | |
| 09 Jun 2007 | 10060880 | State Bank of India | ₹4.5 Cr | Satisfied |
To see the full charge records of Popuri Steels Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Popuri Steels Limited has 14 deals on record (10 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹7.47 Cr; the latest was in December 2019.
Total deals
14
Secondary share transfers
10
Funding rounds
3
Rights issue
1
Disclosed funding
₹7.47 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2016 | Rights issue | ₹85 Lakh | Investors: Popuri Plant-Tech LLP |
| Mar 2014 | Funding round | ₹2.29 Cr | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹71 Lakh | Investors: Popuri Plant-Tech LLP , an individual |
| Mar 2009 | Funding round | ₹4.47 Cr | Investors: Popuri Plant-Tech LLP , Popuri Engineering Consultancy Services, 2 individuals |
To see the full deal history of Popuri Steels 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
Popuri Steels Limited has 11 court cases on record: 8 filed by Popuri Steels, 3 filed against it. 2 cases are pending and 9 are disposed.
Total cases
11
Filed by the company
8
Filed against the company
3
Pending
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 2 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Suvan Steels Private Limited | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed by the company against R Ravichandran, MD of Sri. Varahiamman Steels Pvt. Ltd., | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed by the company against R Ravichandran, MD of Sri. Varahiamman Steels Pvt. Ltd., | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Mysore Minerals Ltd and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Pending |
To see the full case history of Popuri Steels 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.
Credit ratings & regulatory alerts
Popuri Steels Limited was last rated by Icra on 23 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 Mar 2022 |
To see the full credit ratings and regulatory alerts of Popuri Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Popuri Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Popuri Steels Limited has a workforce of 85 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
85
Active EPFO establishments
1
Employee growth
3.66%
GST
Popuri Steels has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP3257E2ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Popuri Steels Limited, buy the company report.
Recent activity
Popuri Steels Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Lokendranath Reddy Chirra ceased to be Director on 26 Dec 2019.
AGM
Popuri Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Popuri Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge registered on 20 Aug 2014 via Charge ID 10520024 with State Bank Of India was fully satisfied on 11 May 2023.
Charges
A charge registered on 09 Jun 2007 via Charge ID 10060880 with State Bank Of India was fully satisfied on 11 May 2023.
Charges
A charge registered on 20 Dec 2019 via Charge ID 100313437 with Axis Bank Limited was fully satisfied on 09 May 2023.
Ceased
Lokendranath Reddy Chirra ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100313437 was registered on 20 Dec 2019.
Charges
A charge registered on 27 Oct 2009 via Charge ID 10182214 with Kotak Mahindra Bank Limited was fully satisfied on 19 Mar 2019.
Ceased
Krishna Neelisetty ceased to be Director.
Ceased
Aswani Srinivas Bojedla ceased to be Additional Director.
Appointed
Aswani Srinivas Bojedla was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 10520024 was registered on 20 Aug 2014.
7 earlier events are in the company report.
Frequently asked questions
Popuri Steels is an active public limited company based in Hyderabad, Telangana, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 July 2004 (22+ years old) and is registered under CIN U27109TG2004PLC043646.
Popuri Steels has 3 current directors:
- Ankineedu Popuri - Managing Director
- Krishnamohan Rao Vallabhaneni - Director
- Aswani Srinivas Bojedla - Director
The latest financial statements of Popuri 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 Popuri Steels is 29AADCP3257E2ZE, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Popuri Steels is U27109TG2004PLC043646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Popuri Steels has 11 court cases on record: 8 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Popuri Steels was incorporated on 14 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Popuri Steels has 14 deals on record (10 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹7.47 Cr; the latest was in December 2019.
Lokendranath Reddy Chirra ceased to be Director on 26 Dec 2019. Krishna Neelisetty ceased to be Director on 27 Mar 2018. Aswani Srinivas Bojedla ceased to be Additional Director on 30 Sep 2016. Popuri Steels has 7 board changes on record in total.
Yes, Popuri Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0001997).