- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-13-0001657

Sai Ram Steel Private Limited
About Sai Ram Steel Private Limited
Data last updated:
Sai Ram Steel Private Limited is a private limited company based in Raigarh, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27101CT2004PTC016948. Its GSTIN is 22AAICS4415N1Z8 (Chattisgarh).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Rajeev Maheshwari and Vibhor Sharma.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 136 Jspl Industrial Park Vill – Punjipathra, Raigarh, Chhattisgarh, India – 496111.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.88 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹62.66 Lakh (net margin -33.3%) and EBITDA of -₹27.37 Lakh (EBITDA margin -14.6%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 46% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹6.11 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Sai Ram Steel Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-13-0001657). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sai Ram Steel
Contact details
Sai Ram Steel Private Limited's registered office is in Raigarh, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 136 Jspl Industrial Park Vill – Punjipathra, Raigarh, Chhattisgarh, India – 496111
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sai Ram Steel 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 Ram Steel is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sai Ram Steel Private Limited, buy the company report.
Financials of Sai Ram Steel Private Limited
FY 2024 filings availableSai Ram Steel Private Limited reported revenue of ₹1.88 Cr (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 78% fall in the latest year. EBITDA rose 80% 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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| Total Expenses | |||||
| EBITDA | -₹27.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹62.66 Lakh | ||||
| Balance Sheet | |||||
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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 | -14.6% | ||||
| Net Profit Margin | -33.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sai Ram Steel Private Limited, buy the company report.
Board of directors of Sai Ram Steel Private Limited
Sai Ram Steel has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibhor Sharma Also directs: Anant Coats Private Limited, Pragmatique Chemical Solutions LLP, Sreechem Resins Limited and 5 more | Additional Director | 09 Dec 2024 | 1 Years 11 Months | Current |
| Rajeev Maheshwari Also directs: B2earth Infra LLP, Anant Coats Private Limited, Praayogik Steel Private Limited and 5 more | Director | 16 Feb 2024 | 2 Years 8 Months | Current |
| Lalit Sharma | Additional Director | 09 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
Sai Ram Steel Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hargobind Castings Private Limited | ₹1.9 Cr (FY 2023) | Mandigobindgarh, Punjab, India | ||||
| Rebirth Industries Private Limited | ₹1.89 Cr (FY 2025) | -38.0% | Wardha, Maharashtra, India | |||
| Dudheswari Iron & Steel Private Limited | ₹1.88 Cr (FY 2024) | 127.0% | Mithanpura, Musahri, Bihar, India | |||
| Sai Ram Steel Private Limitedthis company | ₹1.88 Cr (FY 2025) | -₹62.66 Lakh | -33.3% | -78.0% | 9 | Raigarh, Chhattisgarh, India |
| Tirupati Balaji Furnaces Private Limited | ₹1.88 Cr (FY 2025) | Bhiwadi, Rajasthan, India |
To see the full peer comparison of Sai Ram Steel Private Limited, buy the company report.
Auditor
Sai Ram Steel Private Limited is audited by B. N. AGRAWAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. N. AGRAWAL & CO. | FY 2022 | 320312E |
Shareholding
The shareholding of Sai Ram Steel 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 Sai Ram Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2025 | 101093352 | Indian Overseas Bank | ₹10 Cr | Open | |
| 28 Aug 2019 | 100286907 | Others | ₹2.29 Cr | Satisfied | |
| 04 Jun 2018 | 100205593 | Others | ₹10 Lakh | Satisfied | |
| 29 Jul 2005 | 90210037 | Punjab National Bank | ₹1.73 Cr | Satisfied | |
| 09 Jun 2005 | 90206376 | Punjab National Bank | ₹2 Cr | Satisfied |
To see the full charge records of Sai Ram Steel Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sai Ram Steel Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln WCA B) | Filed against the company by individuals | Disposed |
| High Court | Writ petition | Filed against the company by Jindal Steel and Power Limited and Anr. and 1 other | Disposed |
| High Court | Appeal | Filed against the company by Jindal Steel and Power Limited and Anr. and 1 other | Disposed |
To see the full case history of Sai Ram Steel 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 Ram Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sai Ram Steel Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sai Ram Steel Private Limited, buy the company report.
GST
Sai Ram Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAICS4415N1Z8 | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Ram Steel Private Limited, buy the company report.
Recent activity
Sai Ram Steel Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Pawan Kumar Agarwal ceased to be Director on 19 Dec 2024.
10 earlier events are in the company report.
Frequently asked questions
Sai Ram Steel is an active private limited company based in Raigarh, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 September 2004 (22+ years old) and is registered under CIN U27101CT2004PTC016948.
Sai Ram Steel has 3 current directors:
- Vibhor Sharma - Additional Director
- Rajeev Maheshwari - Director
- Lalit Sharma - Additional Director
The latest financial statements of Sai Ram Steel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Ram Steel is 22AAICS4415N1Z8, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Sai Ram Steel is U27101CT2004PTC016948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Ram Steel has 3 court cases on record: 3 filed against it. Most are in the high courts.
Sai Ram Steel was incorporated on 17 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Sai Ram Steel by revenue are Hargobind Castings Private Limited, Rebirth Industries Private Limited, Dudheswari Iron & Steel Private Limited, Tirupati Balaji Furnaces Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pawan Kumar Agarwal ceased to be Director on 19 Dec 2024. Lalit Sharma was appointed as Additional Director on 09 Dec 2024. Vibhor Sharma was appointed as Additional Director on 09 Dec 2024. Sai Ram Steel has 7 board changes on record in total.
Yes, Sai Ram Steel is registered as a small enterprise under Udyam registration (number: UDYAM-CG-13-0001657).
The registered office of Sai Ram Steel is at Plot No. 136 Jspl Industrial Park Vill – Punjipathra, Raigarh, Chhattisgarh, India – 496111.

