- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-24-0000692

About Shanthala Spherocast Private Limited
Data last updated:
Shanthala Spherocast Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 27 April 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35105KA1984PTC006054. Its GSTIN is 29AACCS4281N1ZS (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Shanthala Ductile & Grey Iron Foundry P Ltd. It is led by directors including Doddamane Basavaraj Ashok (Managing Director) and Nidige Gowda Basavalingappa.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #36 – B Shimoga – Bhadravathi Industrial Area Machenahalli Nidige Post, Karnataka, India – 577222.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.19 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Cr (net margin 1.8%) and EBITDA of ₹11.21 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
The company is associated with 1 brand: Shanthala Spherocast. As per MCA filings, the company has open charges of ₹1,21,064 Cr and satisfied charges of ₹8.52 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.82 Cr; the latest was in May 2023. Its 9 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Blue Star Malleable Private Limited with revenue of ₹153.26 Cr. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 912 overdue payments to 34 micro and small suppliers.
Shanthala Spherocast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0000692). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shanthalaspherocast.com.
Company details
CIN history
Shanthala Spherocast has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35105KA1984PTC006054, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105KA1984PTC006054 | Current |
| U85110KA1984PTC006054 | Previous |
| U27310KA1984PTC006054 | Previous |
Recognitions & Rankings of Shanthala Spherocast
Contact details
Shanthala Spherocast Private Limited's registered office is in Shimoga, Karnataka.
- Social Media
- Registered Address#36 – B Shimoga – Bhadravathi Industrial Area Machenahalli Nidige Post, Karnataka, India – 577222
- IndustryManufacturing, Die Casting & Metal Forming
- 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
Brands
Shanthala Spherocast operates one associated brand: Shanthala Spherocast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures iron castings for industrial applications like engines and machinery. | shanthalaspherocast.com |
Business activity
The main business activity of Shanthala Spherocast 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 Shanthala Spherocast Private Limited, buy the company report.
Financials of Shanthala Spherocast Private Limited
FY 2025 filings availableShanthala Spherocast Private Limited reported revenue of ₹148.19 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.68 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Shanthala Spherocast Private Limited, buy the company report.
Board of directors of Shanthala Spherocast Private Limited
Shanthala Spherocast has 11 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidige Gowda Basavalingappa | Director | 27 Apr 1984 | 42 Years 6 Months | Current |
| Doddamane Gowda Basavaraj | Director | 27 Apr 1984 | 42 Years 6 Months | Current |
| Gurugadhahalli Shivalingaiah Yogishkumar Also directs: Shantala Automation Private Limited | Director | 27 Apr 1984 | 42 Years 6 Months | Current |
| Doddamane Shivannagowda Chandrashekar Also directs: Shantala Automation Private Limited, Vijay Technnocrats Private Limited., Prragathi Steel Castings Private Limited and 1 more | Director | 29 Jun 1991 | 35 Years 3 Months | Current |
| Shivanna Gowda Shanthamma Also directs: Vijay Technnocrats Private Limited. | Director | 27 Apr 1984 | 42 Years 6 Months | Current |
| Shanthappanavara Rudregowda Also directs: Shantala Automation Private Limited, Lintech Metalurgicals LLP, Prarthana Engineering Private Limited and 1 more | Director | 27 Apr 1984 | 42 Years 6 Months | Current |
Peer comparison
Shanthala Spherocast Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Blue Star Malleable Private Limited | ₹153.26 Cr (FY 2025) | -12.0% | Jamshedpur, Jharkhand, India | |||
| Shilpa Alloys Pvt. Ltd. | ₹152.03 Cr (FY 2025) | 39.0% | Jaipur, Rajasthan, India | |||
| Amex Alloys Private Limited | ₹151.22 Cr (FY 2025) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| Mayura Steels Private Limited | ₹150.92 Cr (FY 2025) | 14.0% | Kolhapur, Maharashtra, India | |||
| Shanthala Spherocast Private Limitedthis company | ₹148.19 Cr (FY 2025) | ₹2.68 Cr | 1.8% | 9.0% | Shimoga, Karnataka, India | |
| HNV Castings Private Limited | ₹147.74 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Shanti Foumach Private Limited | ₹146.16 Cr (FY 2025) | 6.0% | Belgaum, Karnataka, India | |||
| Kuber Casting Private Limited | ₹141.73 Cr (FY 2025) | -20.0% | Fatehgarh Sahib, Punjab, India | |||
| Padmavati Castings Private Limited | ₹141.43 Cr (FY 2025) | -4.0% | Kolhapur, Maharashtra, India | |||
| Indo Shell Mould Limited | ₹138.45 Cr (FY 2024) | -51.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Shanthala Spherocast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100937202 | Others | ₹17.8 Lakh | Open | |
| 15 May 2024 | 100922649 | Others | ₹10.5 Lakh | Open | |
| 09 Nov 2023 | 100820786 | Others | ₹31 Lakh | Open | |
| 20 Jan 2001 | 90195553 | State Bank of India | ₹9.74 Lakh | Open | |
| 23 Oct 2000 | 90192317 | Karnataka State Financial Corporation | ₹78 Lakh | Open |
To see the full charge records of Shanthala Spherocast Private Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Shanthala Spherocast Private Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.82 Cr; the latest was in May 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Rights issue | ₹1.56 Cr | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹3.03 Cr | Investors: 4 individuals |
| Mar 2011 | Funding round | ₹2.97 Cr | Investors: 4 individuals |
To see the full deal history of Shanthala Spherocast Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shanthala Spherocast Private Limited has 10 court cases on record: 3 filed by Shanthala Spherocast, 7 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
| NCLAT | 2 | 0 | 1 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Official Liquidator of the Mysore Kirloskar Ltd(In Liq) | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against an individual | Pending |
| High Court | Appeal | Filed by the company against All India Trade Union Congress (R) and 2 others | Disposed |
| NCLAT, TA (AT) | Court case (TA (AT)) | Filed by the company against an individual | Disposed |
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Shanthala Spherocast 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.
Credit ratings & regulatory alerts
Shanthala Spherocast Private Limited was last rated by Crisil on 25 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Jun 2020 |
To see the full credit ratings and regulatory alerts of Shanthala Spherocast Private Limited, buy the company report.
MSME payment delays
Shanthala Spherocast Private Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 912 overdue payments to 34 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vinayaka Engineering Services | |||
| Industrial Packers | |||
| Seimitsu Patterns and Dies Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shanthala Spherocast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shanthala Spherocast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS4281N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shanthala Spherocast Private Limited, buy the company report.
Recent activity
Shanthala Spherocast Private Limited has 18 board changes on record since 1984: 11 appointments and 7 cessations. The latest: Doddamane Chandrashekar Vinay ceased to be Additional Director on 20 Aug 2025.
44 earlier events are in the company report.
Frequently asked questions
Shanthala Spherocast is an active private limited company based in Shimoga, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 27 April 1984 (42+ years old) and is registered under CIN U35105KA1984PTC006054.
Shanthala Spherocast has 11 current directors:
- Doddamane Basavaraj Ashok - Managing Director
- Nidige Gowda Basavalingappa - Director
- Doddamane Gowda Basavaraj - Director
- Gurugadhahalli Shivalingaiah Yogishkumar - Director
- Doddamane Shivannagowda Chandrashekar - Director
- Shivanna Gowda Shanthamma - Director
- Shanthappanavara Rudregowda - Director
- Shanthappanavara Rudregowda Harsha - Director
- Yellambalse Parameshwarappa Shakunthala - Director
- Kyasinakere Gowda Suvarnamma - Director
- Doddamane Chandrashekar Vinay - Director
The latest financial statements of Shanthala Spherocast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shanthala Spherocast is 29AACCS4281N1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Shanthala Spherocast is U35105KA1984PTC006054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanthala Spherocast has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Shanthala Spherocast was incorporated on 27 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.
Shanthala Spherocast has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹10.82 Cr; the latest was in May 2023.
The peers of Shanthala Spherocast by revenue are Blue Star Malleable Private Limited, Shilpa Alloys Pvt. Ltd, Amex Alloys Private Limited, Mayura Steels Private Limited, HNV Castings Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Doddamane Chandrashekar Vinay ceased to be Additional Director on 20 Aug 2025. Sheela Chandrashekar ceased to be Director on 20 Jul 2025. Doddamane Chandrashekar Vinay was appointed as Director on 01 Apr 2025. Shanthala Spherocast has 18 board changes on record in total.
Yes, Shanthala Spherocast is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-24-0000692).
Shanthala Spherocast has 13 MSME Form 1 returns on record between 2018 and 2024, listing 912 overdue payments to 34 micro and small suppliers. The latest return was filed on 02 May 2024.