About Shivam India Limited
Data last updated:
Shivam India Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 13 December 1999.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23101WB1999PLC090748. Its GSTIN is 19AAECS8326A1ZG (West Bengal).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.29 Cr. It was formerly known as Shivam India Private Limited. It is led by directors including Piyush Kumar Pandey (Managing Director) and Jitendra Kumar Pandey.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Govind Mahal 3 Wood Street 2nd Floor Flat No. 1, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2021, the company reported a revenue of ₹201.45 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹17.8 Cr (net margin -8.8%) and EBITDA of -₹13.2 Cr (EBITDA margin -6.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹679.74 Cr and satisfied charges of ₹209.09 Cr on record. Court records list 281 cases involving the company, including 58 filed by the company and 223 filed against it; 147 cases are pending. The company has 20 deals on record (17 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.87 Cr; the latest was in March 2020. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Agrawal Structure Mills Private Limited with revenue of ₹202.19 Cr.
The last known website on record is shivam.co.in.
Company details
CIN history
Shivam India has one previous CIN (Corporate Identification Number): U23101WB1999PTC090748. The current CIN is U23101WB1999PLC090748, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23101WB1999PLC090748 | Current |
| U23101WB1999PTC090748 | Previous |
Contact details
Shivam India Limited's registered office is in Kolkata, West Bengal. Its website is shivam.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGovind Mahal 3 Wood Street 2nd Floor Flat No. 1, Kolkata, West Bengal, India – 700016
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shivam India 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 activity of Shivam India 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 India Limited, buy the company report.
Financials of Shivam India Limited
FY 2021 filings availableShivam India Limited reported revenue of ₹201.45 Cr (down 35% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 47% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹201.45 Cr | ||||
| Other Income | |||||
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| EBITDA | -₹13.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -8.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shivam India Limited, buy the company report.
Board of directors of Shivam India Limited
Shivam India has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Kumar Pandey | Director | 25 Sep 2008 | 18 Years 0 Months | As last reported |
| Pankaj Kumar Pandey Also directs: Sivsambhu Cokes Private Limited, Shivam Lohh Product Private Limited, Sivsambhu Ispat Private Limited and 5 more | Director | 20 Oct 2003 | 23 Years 0 Months | As last reported |
| Piyush Kumar Pandey Also directs: Sivsambhu Cokes Private Limited, Shivam Lohh Product Private Limited, Sivsambhu Ispat Private Limited and 5 more | Managing Director | 31 Mar 2007 | 19 Years 6 Months | As last reported |
| Anand Nath Tiwari | Director | 20 Feb 2014 | 12 Years 8 Months | As last reported |
| Mahendra Mishra | Director | 24 Jul 2008 | 18 Years 3 Months | As last reported |
| Parmeshwar Singh | Director | 15 Jun 2020 | 6 Years 4 Months | As last reported |
Peer comparison
Shivam India Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Agrawal Structure Mills Private Limited | ₹202.19 Cr (FY 2024) | -9.0% | Raipur, Chhattisgarh, India | |||
| Vimal Alloys Private Limited | ₹202.06 Cr (FY 2025) | -7.0% | Mandi Gobindgarh, Punjab, India | |||
| Avanti Overseas Private Limited | ₹201.78 Cr (FY 2025) | 55.0% | New Delhi, Delhi, India | |||
| Shivam India Limitedthis company | ₹201.45 Cr (FY 2021) | -₹17.8 Cr | -8.8% | -35.0% | Kolkata, West Bengal, India | |
| Jai Durga Iron Private Limited | ₹201.4 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Shree Somnath Alloys Private Limited | ₹201.21 Cr (FY 2025) | 56.0% | Ahmedabad, Gujarat, India | |||
| Mankameshwar Steels Unit-Ii Private Limited | ₹200.35 Cr (FY 2025) | 63.0% | Aligarh, Uttar Pradesh, India | |||
| Manav Energy and Steel Private Limited | ₹200.28 Cr (FY 2025) | -2.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Shivam India Limited, buy the company report.
Auditor
Shivam India Limited is audited by CHHAPARIA & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAPARIA & COMPANY | FY 2021 | 328880E |
Shareholding
The shareholding of Shivam India Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shivam India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2024 | 100862595 | Others | ₹2.57 Cr | Open | |
| 09 Feb 2024 | 100862476 | Others | ₹3.55 Cr | Open | |
| 09 Feb 2024 | 100862472 | Others | ₹5 Cr | Open | |
| 09 Feb 2024 | 100862471 | Others | ₹3.2 Cr | Open | |
| 09 Feb 2024 | 100862468 | Others | ₹2.6 Cr | Open |
To see the full charge records of Shivam India Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Shivam India Limited has 20 deals on record (17 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.87 Cr; the latest was in March 2020.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Bhavsagar Vinimay Pvt Ltd Seller: Sangini Constructions Private Limited , Basukinath Barter Private Limited , Amrapali Tradecom Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Bhavsagar Vinimay Pvt Ltd Seller: Gandheshwari Commercial Private Limited , Nisha Mercantile Private Limited , Spandan Trexim Pvt Ltd |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Bhavsagar Vinimay Pvt Ltd Seller: Gandheshwari Traders Pvt Ltd , H N Merchants Private Limited , Nisha Estates Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Rahul Computech Private Limited , Bhavsagar Vinimay Pvt Ltd Seller: Rahul Computech Private Limited , Mishra Estate Private Limited, Siaram Housing Finance Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Shivam Dhatu Udyog Private Limited , an individual Seller: Bhavsagar Vinimay Pvt Ltd |
To see the full deal history of Shivam India 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 India Limited has 281 court cases on record: 58 filed by Shivam India, 223 filed against it. 147 cases are pending and 134 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 257 | 214 | 143 |
| High courts | 17 | 4 | 4 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 281)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Bses Rajdhani Power Limited | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Kohinoor Seed Fields India Pvt Ltd | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, North, Delhi | Arbitration matter | Filed against the company by Taru Agencies and Investments P Ltd | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Idfc First Bank Ltd. | Pending |
To see the full case history of Shivam India 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 India Limited was last rated by Brickwork on 30 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Jan 2019 |
To see the full credit ratings and regulatory alerts of Shivam India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivam India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivam India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS8326A1ZG | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivam India Limited, buy the company report.
Recent activity
Shivam India Limited has 22 board changes on record since 2003: 7 appointments and 15 cessations. The latest: Pooja Agarwal ceased to be Company Secretary on 31 Mar 2023.
55 earlier events are in the company report.
Frequently asked questions
Shivam India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shivam India is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 13 December 1999 and is registered under CIN U23101WB1999PLC090748. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shivam India has 7 current directors:
- Piyush Kumar Pandey - Managing Director
- Jitendra Kumar Pandey - Director
- Pankaj Kumar Pandey - Director
- Anand Nath Tiwari - Director
- Mahendra Mishra - Director
- Parmeshwar Singh - Director
- Dhananjay Kumar Tiwari - Director
The latest financial statements of Shivam India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shivam India is U23101WB1999PLC090748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam India has open charges of ₹679.74 Cr and satisfied charges of ₹209.09 Cr as per latest MCA filings.
Shivam India has 281 court cases on record: 58 filed by the company and 223 filed against it. 147 are pending. Most are in the district courts.
Shivam India was incorporated on 13 December 1999. It is registered with the Registrar of Companies, Kolkata.
Shivam India has 20 deals on record (17 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.87 Cr; the latest was in March 2020.
The peers of Shivam India by revenue are Agrawal Structure Mills Private Limited, Vimal Alloys Private Limited, Avanti Overseas Private Limited, Jai Durga Iron Private Limited, Shree Somnath Alloys Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pooja Agarwal ceased to be Company Secretary on 31 Mar 2023. Aakash Pandey ceased to be Cfo(Kmp) on 16 May 2022. Soumika Mitra ceased to be Director on 27 Aug 2021. Shivam India has 22 board changes on record in total.