Shivean Associates Private Limited
About Shivean Associates Private Limited
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Shivean Associates Private Limited is a private limited company based in Balasore, Odisha, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 23 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2018PTC028915. Its GSTIN is 21ABACS3559C1ZS (Odisha).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Kaushik Vora (Managing Director) and Sanghamitra Ray.
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 C/O Sandip Kumar Barrack Room No. – 3 O.T.Road, Balasore, Odisha, India – 756001.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.65 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹32.3 Lakh (net margin 1.4%) and EBITDA of ₹34.5 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 98% over five years.
Company details
Contact details
Shivean Associates Private Limited's registered office is in Balasore, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Sandip Kumar Barrack Room No. – 3 O.T.Road, Balasore, Odisha, India – 756001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Shivean Associates 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 activity of Shivean Associates is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shivean Associates Private Limited, buy the company report.
Financials of Shivean Associates Private Limited
FY 2025 filings availableShivean Associates Private Limited reported revenue of ₹22.65 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 32% growth in the latest year. EBITDA rose 18% 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 | ₹34.5 Lakh | ||||
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| Net Profit (PAT) | ₹32.3 Lakh | ||||
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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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| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Shivean Associates Private Limited, buy the company report.
Board of directors of Shivean Associates Private Limited
Shivean Associates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Vora Also directs: Sri E-Filing Private Limited, Rhea Infrastructure Private Limited | Managing Director | 23 May 2018 | 8 Years 5 Months | Current |
| Sanghamitra Ray Also directs: Sri E-Filing Private Limited | Director | 01 Jan 2021 | 5 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Shivean Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivean Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivean Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21ABACS3559C1ZS | Odisha | Active | 29 May 2018 |
To see the full GST registrations and return filing status of Shivean Associates Private Limited, buy the company report.
Recent activity
Shivean Associates Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Bijal Kaushik Vora ceased to be Director on 05 Jan 2021.
Frequently asked questions
Shivean Associates is an active private limited company based in Balasore, Odisha, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 23 May 2018 (8+ years old) and is registered under CIN U51909OR2018PTC028915.
Shivean Associates has 2 current directors:
- Kaushik Vora - Managing Director
- Sanghamitra Ray - Director
The latest financial statements of Shivean Associates 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 Shivean Associates is 21ABACS3559C1ZS, registered in Odisha.
The CIN (Corporate Identification Number) of Shivean Associates is U51909OR2018PTC028915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivean Associates was incorporated on 23 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
Bijal Kaushik Vora ceased to be Director on 05 Jan 2021. Sanghamitra Ray was appointed as Director on 01 Jan 2021. Sanghamitra Ray ceased to be Director on 10 Jun 2018. Shivean Associates has 4 board changes on record in total.
The registered office of Shivean Associates is at CO Sandip Kumar Barrack Room No. – 3 O.T.Road, Balasore, Odisha, India – 756001.
Shivean Associates operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Shivean Associates can be reached at its registered office: CO Sandip Kumar Barrack Room No. – 3 O.T.Road, Balasore, Odisha, India – 756001.
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