
Shri Siyaram Export Private Limited
About Shri Siyaram Export Private Limited
Data last updated:
Shri Siyaram Export Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1997PTC032380. Its GSTIN is 09AADCS0148M1Z5 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.22 Lakh. It is led by directors Mehul Rustagi and Mukesh Kumar Rustagi.
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 Plot No 5/6 Mamsa Ghogha, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.51 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹18.16 Lakh (net margin 12%) and EBITDA of ₹20.86 Lakh (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Siyaram Export Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 5/6 Mamsa Ghogha, Bhavnagar, Gujarat, India – 364002
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shri Siyaram Export 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 Shri Siyaram Export 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 Shri Siyaram Export Private Limited, buy the company report.
Financials of Shri Siyaram Export Private Limited
FY 2025 filings availableShri Siyaram Export Private Limited reported revenue of ₹1.51 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 246% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 12% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shri Siyaram Export Private Limited, buy the company report.
Board of directors of Shri Siyaram Export Private Limited
Shri Siyaram Export 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 |
|---|---|---|---|---|
| Mehul Rustagi | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
| Mukesh Kumar Rustagi | Director | 23 May 1997 | 29 Years 5 Months | Current |
Peer comparison
Shri Siyaram Export Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Jayesh Steel Processors Private Limited | ₹1.51 Cr (FY 2024) | 2.0% | Ahmedabad, Gujarat, India | |||
| Shri Siyaram Export Private Limitedthis company | ₹1.51 Cr (FY 2024) | ₹18.16 Lakh | 12% | 43.0% | 9 | Bhavnagar, Gujarat, India |
| M S Wire Drawing and Wire Nail Private Limited | ₹1.49 Cr (FY 2015) | 21.0% | Kollam, Kerala, India | |||
| Pearlite Steel Private Limited | ₹1.49 Cr (FY 2025) | -82.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Shri Siyaram Export Private Limited, buy the company report.
Auditor
Shri Siyaram Export Private Limited is audited by A.R. PARMAR & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.R. PARMAR & CO. | FY 2022 | 177369 |
Shareholding
The shareholding of Shri Siyaram Export Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shri Siyaram Export Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 1998 | 80061311 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 27 May 1998 | 80061312 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of Shri Siyaram Export Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shri Siyaram Export 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 Shri Siyaram Export Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shri Siyaram Export Private Limited has a workforce of 9 employees on its EPFO records as of Mar 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 9 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shri Siyaram Export Private Limited, buy the company report.
GST
Shri Siyaram Export has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCS0148M1Z5 | Uttar Pradesh | Active | 20 Aug 2024 |
To see the full GST registrations and return filing status of Shri Siyaram Export Private Limited, buy the company report.
Recent activity
Shri Siyaram Export Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Geeta Rustagi ceased to be Director on 30 Nov 2023.
2 earlier events are in the company report.
Frequently asked questions
Shri Siyaram Export is an active private limited company based in Bhavnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 May 1997 (29+ years old) and is registered under CIN U51100GJ1997PTC032380.
Shri Siyaram Export has 2 current directors:
- Mehul Rustagi - Director
- Mukesh Kumar Rustagi - Director
The latest financial statements of Shri Siyaram Export 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 Shri Siyaram Export is 09AADCS0148M1Z5, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shri Siyaram Export is U51100GJ1997PTC032380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Siyaram Export was incorporated on 23 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shri Siyaram Export by revenue are Jayesh Steel Processors Private Limited, M S Wire Drawing and Wire Nail Private Limited, Pearlite Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Geeta Rustagi ceased to be Director on 30 Nov 2023. Mehul Rustagi ceased to be Additional Director on 29 Nov 2023. Mehul Rustagi was appointed as Director on 18 Nov 2023. Shri Siyaram Export has 5 board changes on record in total.
The registered office of Shri Siyaram Export is at Plot No 56 Mamsa Ghogha, Bhavnagar, Gujarat, India – 364002.
Shri Siyaram Export operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Shri Siyaram Export has no open charges and satisfied charges of ₹1 Cr as per latest MCA filings.

