About Shivalik Engineering Industries Limited
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Shivalik Engineering Industries Limited is a public limited company based in Durg, Chhattisgarh, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 09 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27107CT2011PLC022353. Its GSTIN is 22AADCV5964C1ZH (Chattisgarh). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹28.64 Cr and a paid-up capital of ₹12.36 Cr. It was formerly known as Shivalik Engineering Industries Private Limited and Vardaan Engineering Industries Private Limited. It is led by directors including Giriraj Singhania (Managing Director) and Raghvendra Singhania (Managing 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 Engineering Park, Durg, Chhattisgarh.
As per the financials filed for FY 2025, the company reported a revenue of ₹663.16 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹71.09 Cr (net margin 10.7%) and EBITDA of ₹127.59 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 34% over five years.
The company has about 549 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shivalik Engineering. As per MCA filings, the company has open charges of ₹391.35 Cr and satisfied charges of ₹338.88 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 2 cases are pending. The company has 9 deals on record (4 secondary share transfers, 3 rights issues, 1 acquisition), with disclosed funding of ₹13.21 Cr; the latest was in November 2021. Its 4 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 1 smaller; the largest is Deepak Fasteners Limited with revenue of ₹707.56 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivalikengineering.com.
Company details
Name history
Shivalik Engineering Industries has undergone 2 name changes throughout its history. The company was previously known as Shivalik Engineering Industries Private Limited, and Vardaan Engineering Industries Private Limited. The current legal name is Shivalik Engineering Industries Limited.
| Company Name | Status |
|---|---|
| Shivalik Engineering Industries Limited | Current |
| Shivalik Engineering Industries Private Limited | Previous |
| Vardaan Engineering Industries Private Limited | Previous |
CIN history
Shivalik Engineering Industries has one previous CIN (Corporate Identification Number): U27107CT2011PTC022353. The current CIN is U27107CT2011PLC022353, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27107CT2011PLC022353 | Current |
| U27107CT2011PTC022353 | Previous |
Contact details
Shivalik Engineering Industries Limited's registered office is in Durg, Chhattisgarh. Its website is shivalikengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 14 15 & 16, Engineering Park Heavy Industrial Area Hathkhoj Bhilai., Durg, Chhattisgarh, India – 490026
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Shivalik Engineering Industries 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
Brands
Shivalik Engineering Industries operates one associated brand: Shivalik Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision engineering component manufacturing for automotive, agriculture, railways, and other sectors. | shivalikcastings.com |
Business activity
The main business activity of Shivalik Engineering Industries 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 Shivalik Engineering Industries Limited, buy the company report.
Financials of Shivalik Engineering Industries Limited
FY 2025 filings availableShivalik Engineering Industries Limited reported revenue of ₹663.16 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 6% 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 | ₹127.59 Cr | ||||
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| Net Profit (PAT) | ₹71.09 Cr | ||||
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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 | 19.2% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Shivalik Engineering Industries Limited, buy the company report.
Board of directors of Shivalik Engineering Industries Limited
Shivalik Engineering Industries has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Tuteja Also directs: Abc Industries India Limited, Anant Raj Limited, Swiss Military Consumer Goods Limited and 4 more | Director | 06 Jan 2024 | 2 Years 9 Months | Current |
| Rina Sharma Also directs: Enviro Oil Savers Association | Director | 06 Jan 2024 | 2 Years 9 Months | Current |
| Vinay Agrawal | Whole-Time Director | 03 Mar 2017 | 9 Years 7 Months | Current |
| Ajay Kumar Parasmal Pancholi | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Giriraj Singhania Also directs: Greenearth Renewbiotech Private Limited, Vallabh Welfare Foundation, Acelandmark Luxury Spaces LLP and 1 more | Managing Director | 09 Mar 2011 | 15 Years 7 Months | Current |
| Raghvendra Singhania Also directs: Vardaan Green Acres LLP, Cleanearth Enterprises LLP, Vedvilla Infraedge LLP and 5 more | Managing Director | 10 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Shivalik Engineering Industries Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Deepak Fasteners Limited | ₹707.56 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India | |||
| Orbit Bearings (India) Pvt. Ltd. | ₹695.82 Cr (FY 2025) | -5.0% | Rajkot, Gujarat, India | |||
| Sree Sumangala Metals and Industries Private Limited | ₹682.33 Cr (FY 2024) | -14.0% | Chennai, Tamil Nadu, India | |||
| Shivalik Engineering Industries Limitedthis company | ₹663.16 Cr (FY 2025) | ₹71.09 Cr | 10.7% | -4.0% | 549 | Durg, Chhattisgarh, India |
| Masters India Private Limited | ₹619.78 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shivalik Engineering Industries Limited, buy the company report.
Auditor
Shivalik Engineering Industries Limited is audited by RAJENDRA PRASAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA PRASAD | FY 2023 | 000203C |
Shareholding
The shareholding of Shivalik Engineering Industries 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 Shivalik Engineering Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2025 | 101161658 | Hdfc Bank Limited | ₹149 Cr | Open | |
| 22 Aug 2025 | 101164044 | Others | ₹15.1 Lakh | Open | |
| 02 May 2025 | 101099598 | Others | ₹19.7 Lakh | Open | |
| 27 Dec 2024 | 101030546 | Hdfc Bank Limited | ₹90 Cr | Open | |
| 30 Oct 2024 | 101005397 | Hdfc Bank Limited | ₹31.21 Lakh | Open |
To see the full charge records of Shivalik Engineering Industries Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Shivalik Engineering Industries Limited has 9 deals on record (4 secondary share transfers, 3 rights issues, 1 acquisition), with disclosed funding of ₹13.21 Cr; the latest was in November 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Rights issue | ₹36.46 Cr | Investors: Camelia Griha Nirman Private Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Shivalik Power and Steel Private Limited Seller: Subhrekha Dealmark Private Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Samarth Investment Company Seller: Neelkamal Vanijya Private Limited |
| May 2014 | Rights issue | ₹9.89 Cr | Investors: Neelkamal Vanijya Private Limited , Samarth Investment Company, Sharda Shree Agriculture and Developers Private Limited , an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Neelkamal Vanijya Private Limited Seller: an individual |
To see the full deal history of Shivalik Engineering Industries 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
Shivalik Engineering Industries Limited has 11 court cases on record: 7 filed by Shivalik Engineering Industries, 4 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| High courts | 5 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd | Disposed |
| High Court, CHHATTISGARH | Writ petition | Filed by the company against Chhattisgarh State Industrial Development Corporation Limited and 4 others | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by M/S Prakash Industries Ltd | Disposed |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against Akolkar Industries | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Akolkar Industries Through Represented Rahul Akolkar | Pending |
To see the full case history of Shivalik Engineering Industries 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
Shivalik Engineering Industries Limited was last rated by Crisil on 20 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jul 2020 |
To see the full credit ratings and regulatory alerts of Shivalik Engineering Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivalik Engineering Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shivalik Engineering Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Shivalik Engineering Industries Limited has a workforce of 549 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Shivalik Engineering Industries has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCV5964C1ZH | Chattisgarh | Active | 01 Jul 2017 |
| 22AADCV5964C1DQ | Chattisgarh | Active | 29 Oct 2024 |
| 08AADCV5964C1Z7 | Rajasthan | Active | 17 Aug 2017 |
| 05AADCV5964C1ZD | Uttarakhand | Active | 30 Jan 2018 |
To see the full GST registrations and return filing status of Shivalik Engineering Industries Limited, buy the company report.
Recent activity
Shivalik Engineering Industries Limited has 20 board changes on record since 2011: 6 appointments and 14 cessations. The latest: Ajay Kumar Parasmal Pancholi ceased to be Additional Director on 04 Jun 2024.
81 earlier events are in the company report.
Frequently asked questions
Shivalik Engineering Industries is an active public limited company based in Durg, Chhattisgarh, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 09 March 2011 (15+ years old) and is registered under CIN U27107CT2011PLC022353.
Shivalik Engineering Industries has 6 current directors:
- Giriraj Singhania - Managing Director
- Raghvendra Singhania - Managing Director
- Vinay Agrawal - Whole-Time Director
- Rajesh Tuteja - Director
- Rina Sharma - Director
- Ajay Kumar Parasmal Pancholi - Director
The latest financial statements of Shivalik Engineering Industries 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 Shivalik Engineering Industries is 22AADCV5964C1ZH, registered in Chattisgarh. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 22AADCV5964C1DQ (Chattisgarh), 08AADCV5964C1Z7 (Rajasthan), 05AADCV5964C1ZD (Uttarakhand).
The CIN (Corporate Identification Number) of Shivalik Engineering Industries is U27107CT2011PLC022353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivalik Engineering Industries has 11 court cases on record: 7 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Shivalik Engineering Industries was incorporated on 09 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Shivalik Engineering Industries has 9 deals on record (4 secondary share transfers, 3 rights issues, 1 acquisition), with disclosed funding of ₹13.21 Cr; the latest was in November 2021.
The peers of Shivalik Engineering Industries by revenue are Deepak Fasteners Limited, Orbit Bearings (India) Pvt. Ltd, Sree Sumangala Metals and Industries Private Limited, Masters India Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Ajay Kumar Parasmal Pancholi ceased to be Additional Director on 04 Jun 2024. Rajesh Tuteja ceased to be Additional Director on 04 Jun 2024. Rina Sharma ceased to be Additional Director on 04 Jun 2024. Shivalik Engineering Industries has 20 board changes on record in total.
Shivalik Engineering Industries can be reached through the website shivalikengineering.com. Its registered office is in Durg, Chhattisgarh, India.
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