Salem Stainless Steel Suppliers Private Limited Company Logo

Salem Stainless Steel Suppliers Private Limited - Company Profile

It is a metals and minerals private limited company based in Chennai, Tamil Nadu, India, established in 2009.

2009 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Salem Stainless Steel Suppliers Private Limited

Salem Stainless Steel Suppliers Private Limited, a active private limited company, was established on 10 June 2009 in Chennai, Tamil Nadu, India. Engaging in steel manufacturing & processing within the trade sector, it holds CIN: U51909TN2009PTC071911. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.40 Cr.

It upholds a compliant status. Employing 28 professional, Its leadership includes Vipul Rameshkumar Jain (Whole-Time Director), Manish Dungarmal Jain (Whole-Time Director), Shantilal Pukhraj Jain (Additional Director). Past directors included Ramesh Kumar P Jain, Madanlal P Jain, Rajesh Dungaramal Jain. It holds ₹91.95 Cr open charges and ₹116.04 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 33, Lawyer Chinnathambi Street Kondithope, Chennai, Tamil Nadu, 600079.

Company Details

  • CIN/LLPIN

    U51909TN2009PTC071911

  • Registration Number

    071911

  • Incorporation Date

    10 June 2009

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.40 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 91.95 Cr
  • Satisfied Charges ₹ 116.04 Cr
  • Revenue Growth 13.19%
  • Profit Growth -69.28%
  • Ebitda -61.43%
  • Net Worth 6.13%
  • Total Assets 14.22%
Company report

Salem Stainless Steel Suppliers Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Salem Stainless Steel Suppliers 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 Salem Stainless Steel Suppliers Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vipul Rameshkumar JainWhole-Time Director10 Jun 2009Current
Manish Dungarmal JainWhole-Time Director27 Mar 2019Current
Shantilal Pukhraj JainAdditional Director01 Apr 2025Current
Sripal JainWhole-Time Director10 Jun 2009Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director27 Mar 2019Past
Pramod AbcsddWhole-Time Director27 Mar 2019Past
Pramod AbcsddWhole-Time Director27 Mar 2019Past
Pramod AbcsddWhole-Time Director31 Jul 2021Past
Pramod AbcsddWhole-Time Director29 Sep 2019Past
Pramod AbcsddAdditional Director30 Sep 2019Past

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Financial Performance of Salem Stainless Steel Suppliers.

Salem Stainless Steel Suppliers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.19% increase. 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 6.13%.

Salem Stainless Steel Suppliers revenue growth over time
Salem Stainless Steel Suppliers 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
13.19%
Revenue from Operations
11.83%
Total Assets
14.22%
Profit or Loss
-69.28%
Net Worth
6.13%
EBITDA
-61.43%

What is the Ownership and Shareholding Structure of Salem Stainless Steel Suppliers?

In 2023, Salem Stainless Steel Suppliers 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

₹919,450,000.00

Satisfied Charges

₹1,160,400,000.00

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 46.16 Cr
  • Hdfc Bank Limited : 45.79 Cr

Latest Charge Details

DateLenderAmountStatus
03 Mar 2021Hdfc Bank Limited₹5.79 CrOpen
17 Feb 2021The Hongkong And Shanghai Banking Corporation Limited₹2.46 CrOpen
30 Aug 2019Hdfc Bank Limited₹40.00 CrOpen
04 May 2018The Hongkong And Shanghai Banking Corporation Limited₹1.70 CrOpen
23 Oct 2017The Hongkong And Shanghai Banking Corporation Limited₹42.00 CrOpen

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How Many Employees Work at Salem Stainless Steel Suppliers?

Salem Stainless Steel Suppliers has a workforce of 28 employees as of Dec 21, 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 Salem Stainless Steel Suppliers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salem Stainless Steel Suppliers, 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 Salem Stainless Steel Suppliers'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 Salem Stainless Steel Suppliers

Recent Activity within the Organization

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 30 Aug 2019 with Charge ID 100289258 was modified on 05 Nov 2025. was documented.

  • Director Appointment

    Shantilal Pukhraj Jain was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2025 & has been associated with this company since 9 months 19 days . was recorded as a recent event.

  • Annual General Meeting

    Salem Stainless Steel Suppliers 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

    The activity A charge registered on 12 Apr 2023 via Charge ID 100710375 with Others was fully satisfied on 15 Jul 2024. was completed.

  • Balance Sheet

    Progress on Salem Stainless Steel Suppliers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 42.00 Cr registered on 23 Oct 2017 with Charge ID 100131818 was modified on 01 Mar 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Salem Stainless Steel Suppliers Private Limited?

    The CIN of Salem Stainless Steel Suppliers Private Limited is U51909TN2009PTC071911.

  • Where is Salem Stainless Steel Suppliers Private Limited headquartered?

    Salem Stainless Steel Suppliers Private Limited is headquartered at 33, Lawyer Chinnathambi Street Kondithope, Chennai, Tamil Nadu, 600079.

  • When was Salem Stainless Steel Suppliers Private Limited incorporated?

    Salem Stainless Steel Suppliers Private Limited was incorporated on 10 June 2009.

  • Who are the current directors of Salem Stainless Steel Suppliers Private Limited?

    The current directors of Salem Stainless Steel Suppliers Private Limited are

  • What is the primary industry of Salem Stainless Steel Suppliers Private Limited?

    The primary industry of Salem Stainless Steel Suppliers Private Limited is Trade.

  • Is Salem Stainless Steel Suppliers Private Limited a listed company?

    Salem Stainless Steel Suppliers Private Limited is unlisted.

  • What is the capital structure of Salem Stainless Steel Suppliers Private Limited?

    The authorized capital of Salem Stainless Steel Suppliers Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.40 Cr.

  • What is the compliance status of Salem Stainless Steel Suppliers Private Limited?

    The compliance status of Salem Stainless Steel Suppliers Private Limited is Compliant.

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