MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-10-0019403
Shasthaa Steels Private Limited
Shasthaa Steels Private Limited - metals and minerals in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹69.51 Cr
▲ 1% YoY
Net profit · FY 2025
₹2.13 Lakh
Net margin 0%
EBITDA · FY 2025
₹46.37 Lakh
EBITDA margin 0.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.59 Cr
Issued & subscribed
Open charges
₹22.7 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
3
Provident fund records
About Shasthaa Steels Private Limited
Data last updated:
Shasthaa Steels Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27104KL2003PTC016578. Its GSTIN is 32AAHCS7066C1ZI (Kerala). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.59 Cr. It was formerly known as Shastha Steels Private Limited. It is led by directors Elangovan Kamalaveni and Rangasamy Elangovan.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nidanew Industrial Development Area374/Pt Kanjikode P O, Palakkad, Kerala, India – 678621.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.51 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.13 Lakh (net margin 0%) and EBITDA of ₹46.37 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.7 Cr on record. Court records list 14 cases involving the company, including 12 filed by the company and 2 filed against it; 1 case is pending.
Shasthaa Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0019403). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27104KL2003PTC016578
Registration Number 016578
Incorporation Date 30 October 2003
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-10-0019403
Recognitions & Rankings of Shasthaa Steels
Contact details
Shasthaa Steels Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNidanew Industrial Development Area374/Pt Kanjikode P O, Palakkad, Kerala, India – 678621
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shasthaa Steels Private Limited, buy the company report.
Comprehensive company report
Shasthaa Steels Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Shasthaa Steels 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 Shasthaa Steels Private Limited, buy the company report.
Financials of Shasthaa Steels Private Limited
FY 2025 filings availableShasthaa Steels Private Limited reported revenue of ₹69.51 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹69.51 Cr ▲ 1%
Net profit · FY 2025
₹2.13 Lakh margin 0%
EBITDA · FY 2025
₹46.37 Lakh margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 5%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 33%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 1% growth in the latest year. EBITDA rose 19% 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 | ₹46.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.13 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 | 0.7% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shasthaa Steels Private Limited, buy the company report.
Board of directors of Shasthaa Steels Private Limited
Shasthaa Steels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elangovan Kamalaveni Also directs: Raj Ranga Textiles Private Limited, Sueeraa Alloys Private Limited, Bannari Amman Steels Private Limited and 3 more | Director | 30 Oct 2003 | 22 Years 11 Months | Current |
| Rangasamy Elangovan Also directs: Raj Ranga Textiles Private Limited, Sueeraa Alloys Private Limited, Bannari Amman Steels Private Limited and 2 more | Director | 30 Oct 2003 | 22 Years 11 Months | Current |
Peer comparison
Shasthaa Steels Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Khurana Steels Private Limited | ₹69.91 Cr (FY 2025) | -58.0% | Punjab, India | |||
| Vandana Rolling Mills Private Limited | ₹69.88 Cr (FY 2025) | -10.0% | Raipur, Chhattisgarh, India | |||
| C.Lal Bright Steels Private Limited | ₹69.72 Cr (FY 2024) | 20.0% | Palwal, Haryana, India | |||
| Shasthaa Steels Private Limitedthis company | ₹69.51 Cr (FY 2025) | ₹2.13 Lakh | 0% | 1.0% | 3 | Palakkad, Kerala, India |
| Adhavan Steels Private Limited | ₹69.41 Cr (FY 2025) | -47.0% | Coimbatore, Tamil Nadu, India | |||
| JMD Alloys Limited | ₹69.27 Cr (FY 2025) | 19.0% | Patna, Bihar, India | |||
| Sri Hardev Steels Private Limited | ₹69.26 Cr (FY 2025) | -21.0% | Cuttack, Odisha, India |
To see the full peer comparison of Shasthaa Steels Private Limited, buy the company report.
Auditor
Shasthaa Steels Private Limited is audited by BAKTHAVACHALAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAKTHAVACHALAM & CO | FY 2023 | 006066S |
Shareholding
The shareholding of Shasthaa Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shasthaa Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2012 | 10400354 | Hdfc Bank Limited | ₹10.8 Lakh | Open | |
| 27 Mar 2004 | 80013783 | The Federal Bank Limited | ₹20.34 Cr | Open | |
| 27 Mar 2004 | 90019750 | The Federal Bank Limited | ₹2.25 Cr | Open |
To see the full charge records of Shasthaa Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shasthaa Steels Private Limited has 14 court cases on record: 12 filed by Shasthaa Steels, 2 filed against it. 1 case is pending and 13 are disposed.
Total cases
14
Filed by the company
12
Filed against the company
2
Pending
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Kerala State Electricity Board Ltd | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against State of Kerala | Pending |
| District court, Palakkad, Kerala | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court, Kerala | Writ petition | Filed by the company against The Assistant Commissioner of State Tax,Special Circle, and 1 other | Disposed |
| High Court, Kerala | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Shasthaa Steels 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 Shasthaa Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shasthaa Steels Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
3
Active EPFO establishments
2
Employee growth
-25%
GST
Shasthaa Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCS7066C1ZI | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shasthaa Steels Private Limited, buy the company report.
Recent activity
Shasthaa Steels Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Elangovan Kamalaveni was appointed as Director on 30 Oct 2003.
AGM
Shasthaa Steels Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Shasthaa Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with The Federal Bank Limited of Rs. 20.34 Cr registered on 27 Mar 2004 with Charge ID 80013783 was modified on 30 Sep 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 10400354 was registered on 04 Dec 2012.
Charges
A charge with The Federal Bank Limited of Rs. 2.25 Cr registered on 27 Mar 2004 with Charge ID 90019750 was modified on 19 Oct 2005.
Charges
A charge with The Federal Bank Limited amounted to Rs. 2.25 Cr with Charge ID 90019750 was registered on 27 Mar 2004.
Charges
A charge with The Federal Bank Limited amounted to Rs. 20.34 Cr with Charge ID 80013783 was registered on 27 Mar 2004.
Appointed
Elangovan Kamalaveni was appointed as Director.
Appointed
Rangasamy Elangovan was appointed as Director.
Incorporation
30 Oct 2003
Shasthaa Steels Private Limited was registered on 30 Oct 2003 with Roc Ernakulam & aged 22 years 11 months as per MCA records.
Frequently asked questions
Shasthaa Steels is an active private limited company based in Palakkad, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 October 2003 (23+ years old) and is registered under CIN U27104KL2003PTC016578.
Shasthaa Steels has 2 current directors:
- Elangovan Kamalaveni - Director
- Rangasamy Elangovan - Director
The latest financial statements of Shasthaa Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shasthaa Steels is 32AAHCS7066C1ZI, registered in Kerala. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shasthaa Steels is U27104KL2003PTC016578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shasthaa Steels has 14 court cases on record: 12 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Shasthaa Steels was incorporated on 30 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Shasthaa Steels by revenue are Khurana Steels Private Limited, Vandana Rolling Mills Private Limited, C.Lal Bright Steels Private Limited, Adhavan Steels Private Limited, JMD Alloys Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Elangovan Kamalaveni was appointed as Director on 30 Oct 2003. Rangasamy Elangovan was appointed as Director on 30 Oct 2003.
Yes, Shasthaa Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0019403).
The registered office of Shasthaa Steels is at Nidanew Industrial Development Area374Pt Kanjikode P O, Palakkad, Kerala, India – 678621.