Sears Steel Pvt Ltd
About Sears Steel Pvt Ltd
Data last updated:
Sears Steel Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1987PTC009473. Its GSTIN is 24AACCS6825L2Z3 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹17 Lakh. It is led by directors Rajnikant Punjalal Shah (Whole-Time Director) and Jagat Rajnikant Shah (Whole-Time Director).
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 3rd Floor Opera House Nr G P Osolapase Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.59 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.07 Lakh (net margin -256.1%) and EBITDA of -₹4.27 Lakh (EBITDA margin -268.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹22 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sears Steel Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Opera House Nr G P Osolapase Road, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sears Steel Pvt Ltd, 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
Financials of Sears Steel Pvt Ltd
FY 2025 filings availableSears Steel Pvt Ltd reported revenue of ₹1.59 Lakh (up 4% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.59 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.27 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.07 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -268.8% | |
| Net Profit Margin | -256.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Sears Steel Pvt Ltd, buy the company report.
Board of directors of Sears Steel Pvt Ltd
Sears Steel 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 |
|---|---|---|---|---|
| Rajnikant Punjalal Shah Also directs: Nischay Fab Private Limited | Whole-Time Director | 25 Jan 1988 | 38 Years 9 Months | Current |
| Jagat Rajnikant Shah Also directs: Nischay Fab Private Limited | Whole-Time Director | 01 Oct 2001 | 25 Years 1 Months | Current |
Auditor
Sears Steel Pvt Ltd is audited by J. P. Shah & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. P. Shah & Co. | FY 2016 |
Shareholding
The shareholding of Sears Steel Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sears Steel Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 1995 | 90098092 | The Ahemadabad Mercantile Co-Op Bank Ltd | ₹15 Lakh | Open | |
| 20 Apr 1990 | 90097403 | The Ahemadabad Mercantile Co-Op Bank Ltd | ₹7 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sears Steel Pvt Ltd 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 Sears Steel Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sears Steel has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6825L2Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sears Steel Pvt Ltd, buy the company report.
Recent activity
Sears Steel Pvt Ltd has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Apurva Rajnikant Shah ceased to be Whole-Time Director on 02 Apr 2019.
Frequently asked questions
Sears Steel is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 March 1987 (39+ years old) and is registered under CIN U27109GJ1987PTC009473.
Sears Steel has 2 current directors:
- Rajnikant Punjalal Shah - Whole-Time Director
- Jagat Rajnikant Shah - Whole-Time Director
The latest financial statements of Sears Steel 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 Sears Steel is 24AACCS6825L2Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sears Steel is U27109GJ1987PTC009473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sears Steel was incorporated on 05 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Apurva Rajnikant Shah ceased to be Whole-Time Director on 02 Apr 2019. Vastupal Punjalal Shah ceased to be Whole-Time Director on 02 Apr 2019. Jagat Rajnikant Shah was appointed as Whole-Time Director on 01 Oct 2001. Sears Steel has 4 board changes on record in total.
The registered office of Sears Steel is at 3rd Floor Opera House Nr G P Osolapase Road, Ahmedabad, Gujarat, India – 380009.
Sears Steel operates in the metals and minerals industry, in the metal retail and distribution segment.
Sears Steel has open charges of ₹22 Lakh and no satisfied charges on record as per latest MCA filings.
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