S A L Steel Limited - Company Profile

It is a metals and minerals public limited company based in Ahmedabad0, Gujarat, India, established in 2003.
2003 Ahmedabad0, Gujarat, India Active
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About S A L Steel Limited

S A L Steel Limited, a active public limited company, was established on 06 November 2003 in Ahmedabad0, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L29199GJ2003PLC043148. Registered under ROC Roc Ahmedabad. it is listed on BSE: 532604 and NSE: BE : SALSTEEL. It has an authorized capital of ₹145.00 Cr and a paid-up capital of ₹104.22 Cr.

Formerly known as S A L Steel Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹510.13 Cr and a net worth of ₹41.53 Cr. Employing 343 professional, Its leadership includes Mahesh Kumar Agarwal (Additional Director), Babulal Madanlal Singhal (Whole-Time Director), Mitesh Vasantbhai Jariwala (Director). Past directors included Piyush Ramnikbhai Chandarana, Rajinder Kumar Arora, Anilkumar Satishchandra Pandya. It holds ₹175.90 Cr open charges and ₹450.98 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 5/1 Shreeji House 5Th Floorb/H M J Library Ashram Road, Ahmedabad0, Gujarat, 380006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L29199GJ2003PLC043148

  • Registration Number

    043148

  • Incorporation Date

    06 November 2003

  • Authorized Capital

    ₹145.00 Cr

  • Paid-Up Capital

    ₹104.22 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 532604, NSE: BE : SALSTEEL)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 145.00 Cr
  • Paid Up Capital ₹ 104.22 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 175.90 Cr
  • Satisfied Charges ₹ 450.98 Cr
  • Revenue Growth **** -4.57%
  • Profit Growth **** -69.28%
  • Ebitda **** 331.28%
  • Net Worth 9.76%
  • Total Assets -4.82%
Company report

S A L Steel Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into S A L Steel 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 S A L Steel Limited?
Current Directors
Name Designation Appointment Date Status
Mahesh Kumar Agarwal Additional Director 23 Dec 2025 Current
Babulal Madanlal Singhal Whole-Time Director 16 May 2006 Current
Mitesh Vasantbhai Jariwala Director 24 Feb 2024 Current
Bipinbhai Amulakhbhai Gosalia Director 24 Feb 2024 Current
Nipa Jairaj Shah Director 12 Nov 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 May 2014 Past
Pramod Abcsdd Managing Director 06 Dec 2008 Past
Pramod Abcsdd Whole-Time Director 31 Aug 2020 Past
Pramod Abcsdd Managing Director 30 Apr 2013 Past
Pramod Abcsdd Director 04 Aug 2008 Past
Pramod Abcsdd Director 27 Sep 2024 Past

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Financial Performance of S A L Steel.

S A L Steel Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.57% decrease. The company also saw a substantial fall in profitability, with a 69.28% decrease in profit. The company's net worth moved up by a moderate rise of 9.76%.

S A L Steel revenue growth over time
S A L Steel profit and loss trends over time
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
  • 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
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 -4.57%
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Revenue from Operations
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 -1.89%
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Total Assets
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 -4.82%
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Profit or Loss
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 -69.28%
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Net Worth
*******
 9.76%
*******
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EBITDA
*******
 331.28%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of S A L Steel?

In 2023, S A L Steel had a promoter holding of 50.56% and a public holding of 49.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹1,759,035,000.00

Satisfied Charges

₹4,509,803,393.00

Charges Breakdown by Lending Institutions
  • Others : 175.00 Cr
  • Srei Equipment Finance Private Limited : 0.45 Cr
  • Hdfc Bank Limited : 0.33 Cr
  • Union Bank Of India : 0.12 Cr
Latest Charge Details
Date Lender Amount Status
05 Sep 2024 Others ₹50.00 Cr Open
16 Sep 2022 Others ₹125.00 Cr Open
20 Jan 2012 Hdfc Bank Limited ₹3.30 M Open
15 Sep 2011 Srei Equipment Finance Private Limited ₹4.50 M Open
31 Mar 2009 Union Bank Of India ₹1.24 M Open

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How Many Employees Work at S A L Steel?

S A L Steel has a workforce of 343 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of S A L Steel, 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 S A L Steel's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 S A L Steel
Recent Activity within the Organization
  • Director Appointment

    Mahesh Kumar Agarwal was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2025 & has been associated with this company since 1 month 24 days . was recorded as a recent event.

  • Annual General Meeting

    S A L Steel Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on S A L Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    The activity Soni Radhika Parth was appointed as a Company Secretary was appointed as a Company Secretary on 31 Mar 2025 & has been associated with this company since 10 months 18 days . was completed.

  • Director Appointment

    The activity Nipa Jairaj Shah was appointed as a Director was appointed as a Director on 12 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 05 Sep 2024 with Charge ID 100994027 was modified on 30 Sep 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of S A L Steel Limited?

The CIN of S A L Steel Limited is L29199GJ2003PLC043148.

Where is S A L Steel Limited headquartered?

S A L Steel Limited is headquartered at 5/1 Shreeji House 5Th Floorb/H M J Library Ashram Road, Ahmedabad0, Gujarat, 380006.

When was S A L Steel Limited incorporated?

S A L Steel Limited was incorporated on 06 November 2003.

Who are the current directors of S A L Steel Limited?

The current directors of S A L Steel Limited are

What is the primary industry of S A L Steel Limited?

The primary industry of S A L Steel Limited is Manufacturing.

Is S A L Steel Limited a listed company?

S A L Steel Limited is listed. It is listed on BSE: 532604 and NSE: BE : SALSTEEL.

What is the capital structure of S A L Steel Limited?

The authorized capital of S A L Steel Limited is ₹145.00 Cr, and the paid-up capital is ₹104.22 Cr.

What is the compliance status of S A L Steel Limited?

The compliance status of S A L Steel Limited is Compliant.

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