Saivijay Pragati Steel Udyog Private Limited Company Logo

Saivijay Pragati Steel Udyog Private Limited - Company Profile

It is a metals and minerals private limited company based in Hospet, Karnataka, India, established in 2004.

2004 | Hospet, Karnataka, India | Active
Last Updated:

About Saivijay Pragati Steel Udyog Private Limited

Saivijay Pragati Steel Udyog Private Limited, a active private limited company, was established on 02 August 2004 in Hospet, Karnataka, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27320KA2004PTC034423. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹8.87 Cr.

Formerly known as Pragati Steel Udyog Private Limited. It upholds a compliant status. Employing 114 professional, Its leadership includes Siddam Setty Ramya (Director), Geetha Srinivasulu (Director), Santosh Srinivasulu Siddam Setty (Managing Director). Past directors included Santosh Srinivasulu Siddam Setty, Siddam Setty Ramakrishna, Srinivasulu Virupakshachetty Siddamsetty. It holds ₹88.33 Cr open charges and ₹53.22 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Old Income Tax Building Near Sahakari Kalyana Mantap, N.C.Colony, ,, Hospet, Karnataka, 583201.

Company Details

  • CIN/LLPIN

    U27320KA2004PTC034423

  • Registration Number

    034423

  • Incorporation Date

    02 August 2004

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹8.87 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.87 Cr
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 88.33 Cr
  • Satisfied Charges ₹ 53.22 Cr
  • Revenue Growth 2.19%
  • Profit Growth -62.37%
  • Ebitda -31.00%
  • Net Worth 15.15%
  • Total Assets -5.36%
Company report

Saivijay Pragati Steel Udyog Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Saivijay Pragati Steel Udyog Private 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 Saivijay Pragati Steel Udyog Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Siddam Setty RamyaDirector16 Feb 2016Current
Geetha SrinivasuluDirector26 Nov 2005Current
Santosh Srinivasulu Siddam SettyManaging Director01 Sep 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector04 Jan 2020Past
Pramod AbcsddDirector31 Dec 2011Past
Pramod AbcsddDirector27 Nov 2018Past

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Financial Performance of Saivijay Pragati Steel Udyog.

Saivijay Pragati Steel Udyog Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.19% increase. The company also saw a substantial fall in profitability, with a 62.37% decrease in profit. The company's net worth Soared by an impressive increase of 15.15%.

Saivijay Pragati Steel Udyog revenue growth over time
Saivijay Pragati Steel Udyog profit and loss trends over time
  • 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
2.19%
Revenue from Operations
2.10%
Total Assets
-5.36%
Profit or Loss
-62.37%
Net Worth
15.15%
EBITDA
-31.00%

What is the Ownership and Shareholding Structure of Saivijay Pragati Steel Udyog?

In 2023, Saivijay Pragati Steel Udyog had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹883,289,281.00

Satisfied Charges

₹532,200,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 68.41 Cr
  • Axis Bank Limited : 15.87 Cr
  • Others : 4.05 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2024Hdfc Bank Limited₹1.65 MOpen
10 Jun 2024Axis Bank Limited₹14.90 CrOpen
22 Aug 2023Hdfc Bank Limited₹1.75 MOpen
29 Apr 2023Others₹4.05 CrOpen
28 Oct 2022Hdfc Bank Limited₹2.33 MOpen

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How Many Employees Work at Saivijay Pragati Steel Udyog?

Saivijay Pragati Steel Udyog has a workforce of 114 employees as of Apr 10, 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 growth trends for Saivijay Pragati Steel Udyog Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saivijay Pragati Steel Udyog, 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 Saivijay Pragati Steel Udyog'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.

Latest Updates, News, and FAQs on Saivijay Pragati Steel Udyog

Recent Activity within the Organization

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 67.84 Cr registered on 28 Jun 2021 with Charge ID 100457590 was modified on 27 Mar 2025. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100996017 was registered on 25 Oct 2024. was documented.

  • Annual General Meeting

    Saivijay Pragati Steel Udyog Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 14.90 Cr with Charge ID 100942101 was registered on 10 Jun 2024. was documented.

  • Balance Sheet

    Progress on Saivijay Pragati Steel Udyog Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100764999 was registered on 22 Aug 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Saivijay Pragati Steel Udyog Private Limited?

    The CIN of Saivijay Pragati Steel Udyog Private Limited is U27320KA2004PTC034423.

  • Where is Saivijay Pragati Steel Udyog Private Limited headquartered?

    Saivijay Pragati Steel Udyog Private Limited is headquartered at Old Income Tax Building Near Sahakari Kalyana Mantap, N.C.Colony, ,, Hospet, Karnataka, 583201.

  • When was Saivijay Pragati Steel Udyog Private Limited incorporated?

    Saivijay Pragati Steel Udyog Private Limited was incorporated on 02 August 2004.

  • Who are the current directors of Saivijay Pragati Steel Udyog Private Limited?

    The current directors of Saivijay Pragati Steel Udyog Private Limited are

  • What is the primary industry of Saivijay Pragati Steel Udyog Private Limited?

    The primary industry of Saivijay Pragati Steel Udyog Private Limited is Manufacturing.

  • Is Saivijay Pragati Steel Udyog Private Limited a listed company?

    Saivijay Pragati Steel Udyog Private Limited is unlisted.

  • What is the capital structure of Saivijay Pragati Steel Udyog Private Limited?

    The authorized capital of Saivijay Pragati Steel Udyog Private Limited is ₹12.00 Cr, and the paid-up capital is ₹8.87 Cr.

  • What is the compliance status of Saivijay Pragati Steel Udyog Private Limited?

    The compliance status of Saivijay Pragati Steel Udyog Private Limited is Compliant.

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