Shasthaa Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Palakkad, Kerala, India, established in 2003.
2003 Palakkad, Kerala, India Active
Last Updated:
About Shasthaa Steels Private Limited

Shasthaa Steels Private Limited, a active private limited company, was established on 30 October 2003 in Palakkad, Kerala, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27104KL2003PTC016578. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.59 Cr.

Formerly known as Shastha Steels Private Limited. It upholds a compliant status. Employing 3 professional, Its leadership includes Elangovan Kamalaveni (Director), Rangasamy Elangovan (Director). It holds ₹22.70 Cr open charges and no settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at Nidanew Industrial Development Area374/Pt Kanjikode P O, Palakkad, Kerala, 678621.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27104KL2003PTC016578

  • Registration Number

    016578

  • Incorporation Date

    30 October 2003

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.59 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.59 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 22.70 Cr
  • Revenue Growth **** 40.37%
  • Profit Growth **** -1392.60%
  • Ebitda **** -190.22%
  • Net Worth -11.33%
  • Total Assets -11.16%
Company report

Shasthaa Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shasthaa Steels 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 Shasthaa Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Elangovan Kamalaveni Director 30 Oct 2003 Current
Rangasamy Elangovan Director 30 Oct 2003 Current

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Financial Performance of Shasthaa Steels.

Shasthaa Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.37% increase. The company also saw a substantial fall in profitability, with a 1392.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.33%.

Shasthaa Steels revenue growth over time
Shasthaa Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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40.37%
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Revenue from Operations
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37.91%
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Total Assets
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-11.16%
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Profit or Loss
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-1392.60%
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Net Worth
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-11.33%
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*******
*******
*******
EBITDA
*******
-190.22%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Shasthaa Steels?

In 2023, Shasthaa Steels had a promoter holding of 8.76% and a public holding of 91.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹226,980,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Federal Bank Limited : 22.59 Cr
  • Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
Date Lender Amount Status
04 Dec 2012 Hdfc Bank Limited ₹1.08 M Open
27 Mar 2004 The Federal Bank Limited ₹20.34 Cr Open
27 Mar 2004 The Federal Bank Limited ₹2.25 Cr Open

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How Many Employees Work at Shasthaa Steels?

Shasthaa Steels has a workforce of 3 employees as of Apr 06, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shasthaa Steels, 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 Shasthaa Steels'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.

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Latest Updates, News, and FAQs on Shasthaa Steels
Recent Activity within the Organization
  • Annual General Meeting

    Shasthaa Steels Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Shasthaa Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was documented.

  • Charges

    Progress on 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. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 10400354 was registered on 04 Dec 2012. was documented.

  • Charges

    The activity 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. was completed.

  • Charges

    Progress on A charge with The Federal Bank Limited amounted to Rs. 2.25 Cr with Charge ID 90019750 was registered on 27 Mar 2004. was documented.

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Frequently Asked Questions
What is the CIN of Shasthaa Steels Private Limited?

The CIN of Shasthaa Steels Private Limited is U27104KL2003PTC016578.

Where is Shasthaa Steels Private Limited headquartered?

Shasthaa Steels Private Limited is headquartered at Nidanew Industrial Development Area374/Pt Kanjikode P O, Palakkad, Kerala, 678621.

When was Shasthaa Steels Private Limited incorporated?

Shasthaa Steels Private Limited was incorporated on 30 October 2003.

Who are the current directors of Shasthaa Steels Private Limited?

The current directors of Shasthaa Steels Private Limited are

What is the primary industry of Shasthaa Steels Private Limited?

The primary industry of Shasthaa Steels Private Limited is Manufacturing.

Is Shasthaa Steels Private Limited a listed company?

Shasthaa Steels Private Limited is unlisted.

What is the capital structure of Shasthaa Steels Private Limited?

The authorized capital of Shasthaa Steels Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.59 Cr.

What is the compliance status of Shasthaa Steels Private Limited?

The compliance status of Shasthaa Steels Private Limited is Compliant.

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