Sabari Steels Private Limited
About Sabari Steels Private Limited
Data last updated:
Sabari Steels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1985PTC006690. Its GSTIN is 29AACCS0635A1ZT (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹35.4 Lakh. It is led by directors Ajit Prasad Shetty (Whole-Time Director) and Vatsala Ajit Shetty.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.63 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹20.69 Lakh (net margin 5.7%) and EBITDA of ₹49.22 Lakh (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹1.98 Cr and satisfied charges of ₹3.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sabari Steels has one previous CIN (Corporate Identification Number): U02710KA1985PTC006690. The current CIN is U85110KA1985PTC006690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1985PTC006690 | Current |
| U02710KA1985PTC006690 | Previous |
Contact details
Sabari Steels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.99 New Timber Yard Layout, Mysore Road, Bangalore, Karnataka, India – 560026
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Sabari 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
Business activity
The main business activity of Sabari Steels is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sabari Steels Private Limited, buy the company report.
Financials of Sabari Steels Private Limited
FY 2025 filings availableSabari Steels Private Limited reported revenue of ₹3.63 Cr (up 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 86% growth in the latest year. EBITDA rose 20% 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 | ₹49.22 Lakh | ||||
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| Net Profit (PAT) | ₹20.69 Lakh | ||||
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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 | 13.6% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sabari Steels Private Limited, buy the company report.
Board of directors of Sabari Steels Private Limited
Sabari Steels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsala Ajit Shetty | Director | 22 May 1985 | 41 Years 5 Months | Current |
| Ajit Prasad Shetty | Whole-Time Director | 04 May 1987 | 39 Years 6 Months | Current |
Auditor
Sabari Steels Private Limited is audited by Sridhara & Sastry for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sridhara & Sastry | FY 2021 | 003998S |
Shareholding
The shareholding of Sabari Steels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sabari Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2024 | 100957154 | Others | ₹30 Lakh | Open | |
| 22 Mar 2019 | 100252743 | Others | ₹1.53 Cr | Open | |
| 20 Mar 2018 | 100167042 | Vijaya Bank | ₹7.65 Lakh | Open | |
| 20 Mar 2018 | 100167043 | Vijaya Bank | ₹7.65 Lakh | Open | |
| 26 Nov 2016 | 100096243 | Vijaya Bank | ₹1.8 Cr | Satisfied |
To see the full charge records of Sabari Steels Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Sabari Steels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sabari Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sabari Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS0635A1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sabari Steels Private Limited, buy the company report.
Recent activity
Sabari Steels Private Limited has 4 board changes on record since 1985: 2 appointments and 2 cessations. The latest: Karunakara Ninjoor Shetty ceased to be Director on 27 Apr 2023.
11 earlier events are in the company report.
Frequently asked questions
Sabari Steels is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 February 1985 (41+ years old) and is registered under CIN U85110KA1985PTC006690.
Sabari Steels has 2 current directors:
- Ajit Prasad Shetty - Whole-Time Director
- Vatsala Ajit Shetty - Director
The latest financial statements of Sabari 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 Sabari Steels is 29AACCS0635A1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Sabari Steels is U85110KA1985PTC006690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sabari Steels was incorporated on 08 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Bangalore.
Karunakara Ninjoor Shetty ceased to be Director on 27 Apr 2023. Meera Karunakara Shetty ceased to be Director on 27 Apr 2023. Ajit Prasad Shetty was appointed as Whole-Time Director on 04 May 1987. Sabari Steels has 4 board changes on record in total.
The registered office of Sabari Steels is at No.99 New Timber Yard Layout, Mysore Road, Bangalore, Karnataka, India – 560026.
Sabari Steels operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
Sabari Steels has open charges of ₹1.98 Cr and satisfied charges of ₹3.74 Cr as per latest MCA filings.
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