Shikhara Steels Private Limited
About Shikhara Steels Private Limited
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Shikhara Steels Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51909TG2018PTC127004. Its GSTIN is 36ABACS9131Q1ZS (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors including Vattam Kumar Mahesh (Managing Director) and Manideep Bhupathi.
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 Of H.No:16 – 2 – 705/1/12 Professor'S Colony Malakpet, Hyderabad, Telangana, India – 500036.
As per the financials filed for FY 2025, the company reported a revenue of ₹706.9 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.01 Cr (net margin 1.1%) and EBITDA of ₹32.72 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 63% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹130.25 Cr and satisfied charges of ₹25 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2021. Its 10 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is K I C Metaliks Limited with revenue of ₹718.54 Cr.
Company details
Contact details
Shikhara Steels Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Of H.No:16 – 2 – 705/1/12 Professor'S Colony Malakpet, Hyderabad, Telangana, India – 500036
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shikhara Steels Private Limited, 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
Business activity
The main business activities of Shikhara Steels are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shikhara Steels Private Limited, buy the company report.
Financials of Shikhara Steels Private Limited
FY 2025 filings availableShikhara Steels Private Limited reported revenue of ₹706.9 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 20% growth in the latest year. EBITDA rose 50% 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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| EBITDA | ₹32.72 Cr | ||||
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| Net Profit (PAT) | ₹8.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Shikhara Steels Private Limited, buy the company report.
Board of directors of Shikhara Steels Private Limited
Shikhara Steels has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manideep Bhupathi | Director | 28 Jun 2019 | 7 Years 3 Months | Current |
| Pradeep Agarwal | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
| Vattam Kumar Mahesh | Managing Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Rakesh Gupta Veloor | Director | 05 Jun 2021 | 5 Years 4 Months | Current |
| Bhupesh Kumar Kalva | Additional Director | 14 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Shikhara Steels Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| K I C Metaliks Limited | ₹718.54 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India | |||
| Rattan Ispat Limited | ₹717.28 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Niros Ispat Private Limited | ₹712.25 Cr (FY 2024) | 0.0% | Raipur, Chhattisgarh, India | |||
| Rimjhim Stainless Limited | ₹709.55 Cr (FY 2025) | 0.0% | Kanpur, Uttar Pradesh, India | |||
| JNB Steel Industries Private Limited | ₹707.16 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Shikhara Steels Private Limitedthis company | ₹706.9 Cr (FY 2025) | ₹8.01 Cr | 1.1% | 20.0% | 17 | Hyderabad, Telangana, India |
| Sumangala Steel Private Limited | ₹706.85 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| S.K. Steeltech Private Limited | ₹705.78 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Madhav Stelco Private Limited | ₹705.5 Cr (FY 2025) | 17.0% | Punjab, India | |||
| Bhawani Industries Private Limited | ₹704.03 Cr (FY 2025) | 8.0% | Punjab, India | |||
| Narsingh Ispat Limited | ₹699.74 Cr (FY 2025) | -13.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shikhara Steels Private Limited, buy the company report.
Auditor
Shikhara Steels Private Limited is audited by SUNIL AND SANJAY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL AND SANJAY | FY 2023 | 06144S |
Shareholding
The shareholding of Shikhara 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 Shikhara Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2024 | 100976591 | Others | ₹5 Cr | Open | |
| 05 Oct 2023 | 100801056 | Others | ₹25 Cr | Open | |
| 19 Nov 2022 | 100642347 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 25 Apr 2022 | 100578746 | Others | ₹24.75 Lakh | Open | |
| 28 Sep 2021 | 100492135 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Shikhara Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shikhara Steels Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹7.89 Cr | Investors: 4 individuals |
| Oct 2020 | Funding round | ₹2 Cr | Investors: 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shikhara Steels Private Limited has 4 court cases on record: 4 filed by Shikhara Steels. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Southern Power Distribution Company of Telangana Limited , and 4 others | Disposed |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Union of India and 5 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Southern Power Distribution Company Limited and 1 other | Disposed |
To see the full case history of Shikhara 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 Shikhara Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shikhara Steels Private Limited has a workforce of 17 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Shikhara Steels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABACS9131Q1ZS | Telangana | Active | 14 Jun 2019 |
| 36ABACS9131Q1D1 | Telangana | Active | 12 Nov 2024 |
To see the full GST registrations and return filing status of Shikhara Steels Private Limited, buy the company report.
Recent activity
Shikhara Steels Private Limited has 9 board changes on record since 2018: 5 appointments and 4 cessations. The latest: Bhupesh Kumar Kalva was appointed as Additional Director on 14 Nov 2024.
9 earlier events are in the company report.
Frequently asked questions
Shikhara Steels is an active private limited company based in Hyderabad, Telangana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U51909TG2018PTC127004.
Shikhara Steels has 5 current directors:
- Vattam Kumar Mahesh - Managing Director
- Manideep Bhupathi - Director
- Pradeep Agarwal - Director
- Rakesh Gupta Veloor - Director
- Bhupesh Kumar Kalva - Additional Director
The latest financial statements of Shikhara Steels 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 FY 2019 are in the company report.
The GSTIN of Shikhara Steels is 36ABACS9131Q1ZS, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36ABACS9131Q1D1 (Telangana).
The CIN (Corporate Identification Number) of Shikhara Steels is U51909TG2018PTC127004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shikhara Steels has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the high courts.
Shikhara Steels was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Shikhara Steels has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2021.
The peers of Shikhara Steels by revenue are K I C Metaliks Limited, Rattan Ispat Limited, Niros Ispat Private Limited, Rimjhim Stainless Limited, JNB Steel Industries Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Bhupesh Kumar Kalva was appointed as Additional Director on 14 Nov 2024. Vattam Kumar Mahesh ceased to be Director on 15 Mar 2024. Rakesh Gupta Veloor ceased to be Additional Director on 30 Nov 2021. Shikhara Steels has 9 board changes on record in total.
The registered office of Shikhara Steels is at 3rd Floor Of H.No:16 – 2 – 705112 ProfessorS Colony Malakpet, Hyderabad, Telangana, India – 500036.