Quality Steel Shoppe Private Limited
About Quality Steel Shoppe Private Limited
Data last updated:
Quality Steel Shoppe 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 23 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U51420AP2004PTC042931. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹98 Lakh. It is led by directors Chittibabu Yerrababugari and Siva Rama Rao Bodduluri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Door No.38 – 30 – 94/1 Beside Shivalayam NH – 5 Road Hussain Nagar Marripalem, Visakhapatnam, Andhra Pradesh, India – 530018.
As per the financials filed for FY 2022, the company reported a revenue of ₹54.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39.76 Cr (net margin 73.3%) and EBITDA of -₹14.49 Cr (EBITDA margin -26.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 51% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹14.38 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in April 2021.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Quality Steel Shoppe Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.38 – 30 – 94/1 Beside Shivalayam NH – 5 Road Hussain Nagar Marripalem, Visakhapatnam, Andhra Pradesh, India – 530018
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Quality Steel Shoppe 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
Financials of Quality Steel Shoppe Private Limited
FY 2023 filings availableQuality Steel Shoppe Private Limited reported revenue of ₹54.25 Cr (up 8053% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.76 Cr | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.7% | ||||
| Net Profit Margin | 73.3% | ||||
| 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 Quality Steel Shoppe Private Limited, buy the company report.
Board of directors of Quality Steel Shoppe Private Limited
Quality Steel Shoppe has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chittibabu Yerrababugari | Director | 24 Jul 2018 | 8 Years 3 Months | Current |
| Siva Rama Rao Bodduluri | Director | 28 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Quality Steel Shoppe Private Limited is audited by K P & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P & ASSOCIATES | FY 2022 | 012191S |
Shareholding
The shareholding of Quality Steel Shoppe Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quality Steel Shoppe Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2008 | 10091532 | State Bank of India | ₹10 Cr | Satisfied | |
| 31 Jan 2006 | 90259309 | Axis Bank Limited | ₹4.38 Cr | Satisfied |
To see the full charge records of Quality Steel Shoppe Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Quality Steel Shoppe Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in April 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2009 | Funding round | ₹60 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quality Steel Shoppe Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (ITTA) | Filed against the company by The Principal Commissioner of Income Tax-1 Visakhapatnam | Pending |
| High Court of Andhra Pradesh | Court case (ITTA) | Filed against the company by PR. Commissioner of Income Tax | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Quality Steel Shoppe 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 Quality Steel Shoppe Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quality Steel Shoppe Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Quality Steel Shoppe has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Quality Steel Shoppe Private Limited, buy the company report.
Recent activity
Quality Steel Shoppe Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Hari Krishna Nayanala ceased to be Director on 16 Oct 2020.
6 earlier events are in the company report.
Frequently asked questions
Quality Steel Shoppe 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 23 March 2004 (22+ years old) and is registered under CIN U51420AP2004PTC042931.
Quality Steel Shoppe has 2 current directors:
- Chittibabu Yerrababugari - Director
- Siva Rama Rao Bodduluri - Director
The latest financial statements of Quality Steel Shoppe on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Quality Steel Shoppe has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Quality Steel Shoppe is U51420AP2004PTC042931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Steel Shoppe has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the high courts.
Quality Steel Shoppe was incorporated on 23 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Vijayawada.
Quality Steel Shoppe has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in April 2021.
Hari Krishna Nayanala ceased to be Director on 16 Oct 2020. Chittibabu Yerrababugari ceased to be Additional Director on 27 Aug 2018. Siva Rama Rao Bodduluri ceased to be Additional Director on 27 Aug 2018. Quality Steel Shoppe has 10 board changes on record in total.
The registered office of Quality Steel Shoppe is at Door No.38 – 30 – 941 Beside Shivalayam NH – 5 Road Hussain Nagar Marripalem, Visakhapatnam, Andhra Pradesh, India – 530018.
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