
Sai Raghava Steels Private Limited
About Sai Raghava Steels Private Limited
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Sai Raghava Steels Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 06 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27205AP2010PTC068296. Its GSTIN is 37AAOCS5062K1ZS (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Suresh Pothula (Managing Director) and Mnsk Trinadh Konakalla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No.160 Iron Complex Bhavanipuram, Vijayawada, Andhra Pradesh, India – 520012.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.12 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹21,876 (net margin 0.1%) and EBITDA of ₹31.28 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹6.5 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sai Raghava Steels Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.160 Iron Complex Bhavanipuram, Vijayawada, Andhra Pradesh, India – 520012
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sai Raghava 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 Sai Raghava Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sai Raghava Steels Private Limited, buy the company report.
Financials of Sai Raghava Steels Private Limited
FY 2019 filings availableSai Raghava Steels Private Limited reported revenue of ₹3.12 Cr (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 105% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹31.28 Lakh | ||||
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| Net Profit (PAT) | ₹21,876 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Sai Raghava Steels Private Limited, buy the company report.
Board of directors of Sai Raghava Steels Private Limited
Sai Raghava Steels has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Pothula Also directs: Pranetra Projects LLP, Pothula Solar & Infra Private Limited | Managing Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Mnsk Trinadh Konakalla | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Ram Prasad Dindukurthi | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Maheswara Srinivas Konakalla | Director | 03 Nov 2010 | 15 Years 11 Months | Current |
Peer comparison
Sai Raghava Steels Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goenka Vyapaar Private Limited | ₹3.16 Cr (FY 2025) | 34.0% | Kolkata, West Bengal, India | |||
| Cimco Projects Limited | ₹3.13 Cr (FY 2025) | 182.0% | New Delhi, Delhi, India | |||
| Sai Raghava Steels Private Limitedthis company | ₹3.12 Cr (FY 2019) | ₹21,876 | 0.1% | -60.0% | Vijayawada, Andhra Pradesh, India | |
| Satyug Trade Private Limited | ₹3.12 Cr (FY 2025) | -78.0% | Raipur, Chhattisgarh, India | |||
| Omkareshwar Mines & Minerals Private Limited | ₹3.11 Cr (FY 2025) | -69.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sai Raghava Steels Private Limited, buy the company report.
Auditor
Sai Raghava Steels Private Limited is audited by P SUBBARAYUDU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SUBBARAYUDU & CO | FY 2018 | 004089S |
Shareholding
The shareholding of Sai Raghava Steels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sai Raghava Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2018 | 100210651 | Others | ₹40 Lakh | Open | |
| 11 Oct 2018 | 100252435 | State Bank of India | ₹2.8 Cr | Satisfied | |
| 29 Jul 2013 | 10529202 | City Union Bank Limited | ₹2.5 Cr | Satisfied | |
| 06 Nov 2010 | 10255225 | Ing Vysya Bank Ltd. | ₹1.2 Cr | Satisfied |
To see the full charge records of Sai Raghava Steels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sai Raghava Steels Private Limited has 10 court cases on record: 6 filed by Sai Raghava Steels, 4 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Arbitration matter | Filed against the company by M/S.Ikf Finance Ltd | Disposed |
| District court, Krishna, Andhra Pradesh | Court case (A.R.B.E.P) | Filed against the company by M/S Ikf Finance Limited, Vijayawada | Disposed |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by M/S Ikf Finance Ltd, Rep by Pilli Dasu | Disposed |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed by the company against an individual | Pending |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed by the company against Ms S.R.Constructions and 1 other | Disposed |
To see the full case history of Sai Raghava 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 Sai Raghava Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Raghava Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAOCS5062K1ZS | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Raghava Steels Private Limited, buy the company report.
Recent activity
Sai Raghava Steels Private Limited has 8 board changes on record since 2010: 4 appointments and 4 cessations. The latest: Maheswara Srinivas Konakalla ceased to be Managing Director on 24 Dec 2020.
8 earlier events are in the company report.
Frequently asked questions
Sai Raghava Steels is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 06 May 2010 (16+ years old) and is registered under CIN U27205AP2010PTC068296.
Sai Raghava Steels has 4 current directors:
- Suresh Pothula - Managing Director
- Mnsk Trinadh Konakalla - Director
- Ram Prasad Dindukurthi - Director
- Maheswara Srinivas Konakalla - Director
The latest financial statements of Sai Raghava Steels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Raghava Steels is 37AAOCS5062K1ZS, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Sai Raghava Steels is U27205AP2010PTC068296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Raghava Steels has 10 court cases on record: 6 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Sai Raghava Steels was incorporated on 06 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Sai Raghava Steels by revenue are Goenka Vyapaar Private Limited, Cimco Projects Limited, Satyug Trade Private Limited, Omkareshwar Mines & Minerals Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Maheswara Srinivas Konakalla ceased to be Managing Director on 24 Dec 2020. Suresh Pothula ceased to be Director on 21 Dec 2020. Ram Prasad Dindukurthi was appointed as Director on 16 Dec 2020. Sai Raghava Steels has 8 board changes on record in total.
The registered office of Sai Raghava Steels is at Plot No.160 Iron Complex Bhavanipuram, Vijayawada, Andhra Pradesh, India – 520012.
Sai Raghava Steels operates in the metals and minerals industry, in the metal retail and distribution segment.