About Shivam Hi-Tech Steels Private Limited
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Shivam Hi-Tech Steels Private Limited is a private limited company based in Bhilai, Chhattisgarh, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 12 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27109CT2004PTC016611. Its GSTIN is 22AAJCS7718R1ZN (Chattisgarh). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.76 Cr. It is led by directors Subhash Chandra Gulati and Ketan Gulati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 4D Light Industrial Area, Bhilai, Chhattisgarh, India – 490026.
As per the financials filed for FY 2025, the company reported a revenue of ₹234.73 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 1.4%) and EBITDA of ₹11.41 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 17% over five years.
The company is associated with 1 brand: Shivam Hi Tech Steels. As per MCA filings, the company has open charges of ₹66.35 Cr and satisfied charges of ₹66.18 Cr on record. Court records list 37 cases involving the company, including 36 filed by the company and 1 filed against it; 9 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹19.29 Cr; the latest was in March 2019. Its 8 peer companies in the Metals and Minerals industry (Cables and Wires, Foundry and Fabrication, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Maheshwar Rolling Mills Private Limited with revenue of ₹236.42 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 29 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivamhitech.com.
Company details
Contact details
Shivam Hi-Tech Steels Private Limited's registered office is in Bhilai, Chhattisgarh. Its website is shivamhitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 4D Light Industrial Area, Bhilai, Chhattisgarh, India – 490026
- IndustryManufacturing, Cable & Wire
To see the full contact details of Shivam Hi-Tech 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
Brands
Shivam Hi-Tech Steels operates one associated brand: Shivam Hi Tech Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of cored wire, ferro alloys, and aluminium wire for industrial applications in India. | shivamhitech.com |
Business activity
The main business activity of Shivam Hi-Tech 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 Shivam Hi-Tech Steels Private Limited, buy the company report.
Financials of Shivam Hi-Tech Steels Private Limited
FY 2024 filings availableShivam Hi-Tech Steels Private Limited reported revenue of ₹234.73 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 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 |
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| EBITDA | ₹11.41 Cr | ||||
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| Net Profit (PAT) | ₹3.3 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 | 4.9% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Shivam Hi-Tech Steels Private Limited, buy the company report.
Board of directors of Shivam Hi-Tech Steels Private Limited
Shivam Hi-Tech Steels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Chandra Gulati Also directs: Shivam Steels and Power Private Limited, Solidair Shelters Private Limited, Baisakhi Goods Private Limited and 1 more | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Ketan Gulati Also directs: Shivam Steels and Power Private Limited, Solidair Shelters Private Limited, Baisakhi Goods Private Limited and 1 more | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Shivam Hi-Tech Steels Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Cables and Wires, Foundry and Fabrication, 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 |
|---|---|---|---|---|---|---|
| Maheshwar Rolling Mills Private Limited | ₹236.42 Cr (FY 2025) | 36.0% | Morena, Madhya Pradesh, India | |||
| Shree Prithvi Steel Rolling Mills Private Limited | ₹235.26 Cr (FY 2025) | -9.0% | Jaipur, Rajasthan, India | |||
| Prayan Ispat & Steel Private Limited | ₹235.08 Cr (FY 2023) | 146.0% | Najibabad, Uttar Pradesh, India | |||
| Mahalaxmi Wiredrawings Private Limited | ₹234.97 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Shivam Hi-Tech Steels Private Limitedthis company | ₹234.73 Cr (FY 2025) | ₹3.3 Cr | 1.4% | -1.0% | Bhilai, Chhattisgarh, India | |
| Bhagyanagar Industries Private Limited | ₹234.6 Cr (FY 2023) | 5475.0% | Secunderabad, Telangana, India | |||
| Shri Balaji Multimetals Private Limited | ₹232.9 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Nevatia Steel and Alloys Pvt Ltd | ₹232.51 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Crackers India(Alloys) Limited | ₹232.06 Cr (FY 2025) | -10.0% | Keonjhar, Odisha, India |
To see the full peer comparison of Shivam Hi-Tech Steels Private Limited, buy the company report.
Auditor
Shivam Hi-Tech Steels Private Limited is audited by SMR & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMR & Co. | FY 2023 | 006098C |
Shareholding
The shareholding of Shivam Hi-Tech 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 Shivam Hi-Tech Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100642690 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 28 Feb 2022 | 100561694 | Hdfc Bank Limited | ₹66.2 Cr | Open | |
| 26 Mar 2021 | 100441057 | Others | ₹29.85 Cr | Satisfied | |
| 03 Oct 2009 | 10184516 | State Bank of India | ₹33.53 Cr | Satisfied | |
| 03 Oct 2008 | 10133374 | Uco Bank | ₹2.8 Cr | Satisfied |
To see the full charge records of Shivam Hi-Tech Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shivam Hi-Tech Steels Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹19.29 Cr; the latest was in March 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Brindavan Tradecom Private Limited , Solidair Shelters Private Limited , Baishakhi Goods Private Limited, an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Navtech Vanijya Private Limited |
| Mar 2013 | Funding round | ₹7.91 Cr | Investors: Brindavan Tradecom Private Limited , Solidair Shelters Private Limited , Baishakhi Goods Private Limited |
| Mar 2011 | Funding round | ₹9.98 Cr | Investors: Brindavan Tradecom Private Limited , Baishakhi Goods Private Limited, Solidair Shelters Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Brindavan Tradecom Private Limited , Baishakhi Goods Private Limited Seller: Sargam Vincom Private Limited , Outlook Tracom Private Limited , Epoch Commercial Private Limited |
To see the full deal history of Shivam Hi-Tech Steels 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
Shivam Hi-Tech Steels Private Limited has 37 court cases on record: 36 filed by Shivam Hi-Tech Steels, 1 filed against it. 9 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 0 | 9 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against M/S Janta Enterprises | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against Gudumama Enterprises | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against Bana Durga Enterprises | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against an individual | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against an individual | Pending |
To see the full case history of Shivam Hi-Tech 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.
Credit ratings & regulatory alerts
Shivam Hi-Tech Steels Private Limited was last rated by Crisil on 16 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Sep 2020 |
To see the full credit ratings and regulatory alerts of Shivam Hi-Tech Steels Private Limited, buy the company report.
MSME payment delays
Shivam Hi-Tech Steels Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 29 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Red Ray Laboratories | |||
| Blueshield Ro Industries Private Limited | |||
| Synorganic Paints Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Shivam Hi-Tech Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shivam Hi-Tech Steels has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAJCS7718R1ZN | Chattisgarh | Active | 01 Jul 2017 |
| 22AAJCS7718R1DW | Chattisgarh | Active | 29 Nov 2024 |
| 21AAJCS7718R2ZO | Odisha | Active | 16 Oct 2023 |
To see the full GST registrations and return filing status of Shivam Hi-Tech Steels Private Limited, buy the company report.
Recent activity
Shivam Hi-Tech Steels Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Ketan Gulati ceased to be Additional Director on 30 Nov 2021.
7 earlier events are in the company report.
Frequently asked questions
Shivam Hi-Tech Steels is an active private limited company based in Bhilai, Chhattisgarh, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 12 May 2004 (22+ years old) and is registered under CIN U27109CT2004PTC016611.
Shivam Hi-Tech Steels has 2 current directors:
- Subhash Chandra Gulati - Director
- Ketan Gulati - Director
The latest financial statements of Shivam Hi-Tech Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shivam Hi-Tech Steels is 22AAJCS7718R1ZN, registered in Chattisgarh. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 22AAJCS7718R1DW (Chattisgarh), 21AAJCS7718R2ZO (Odisha).
The CIN (Corporate Identification Number) of Shivam Hi-Tech Steels is U27109CT2004PTC016611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam Hi-Tech Steels has 37 court cases on record: 36 filed by the company and 1 filed against it. 9 are pending. Most are in the district courts.
Shivam Hi-Tech Steels was incorporated on 12 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Shivam Hi-Tech Steels has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹19.29 Cr; the latest was in March 2019.
The peers of Shivam Hi-Tech Steels by revenue are Maheshwar Rolling Mills Private Limited, Shree Prithvi Steel Rolling Mills Private Limited, Prayan Ispat & Steel Private Limited, Mahalaxmi Wiredrawings Private Limited, Bhagyanagar Industries Private Limited and 3 more, all in the Metals and Minerals industry (Cables and Wires, Foundry and Fabrication, Steel), with the same principal business activity (metal and metal products).
Ketan Gulati ceased to be Additional Director on 30 Nov 2021. Subhash Chandra Gulati ceased to be Additional Director on 30 Nov 2021. Raj Kishor Sing ceased to be Director on 06 Sep 2021. Shivam Hi-Tech Steels has 6 board changes on record in total.
Shivam Hi-Tech Steels has 5 MSME Form 1 returns on record between 2019 and 2021, listing 29 overdue payments to 11 micro and small suppliers. The latest return was filed on 31 May 2021.
Shivam Hi-Tech Steels can be reached through the website shivamhitech.com. Its registered office is in Bhilai, Chhattisgarh, India.
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