Shyam Steel Manufacturing Limited - Company Profile

It is a metals and minerals public limited company based in New Town, West Bengal, India, established in 1991.

1991 New Town, West Bengal, India Active

Last Updated: December 17, 2025

About Shyam Steel Manufacturing Limited

Shyam Steel Manufacturing Limited, a active public limited company, was established on 23 May 1991 in New Town, West Bengal, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U28999WB1991PLC051823. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹55.00 Cr and a paid-up capital of ₹52.94 Cr.

Formerly known as S M D Trading Company Limited, Sova Ispat Limited. It upholds a compliant status. Employing 2,539 professional, Its leadership includes Nikunj Beriwal (Whole-Time Director), Sanjay Shahi (Whole-Time Director), Manoj Daga (Whole-Time Director). Past directors included Sucheta Mukherjee, Ajay Kumar Gupta, Nita Mukherjee. It holds ₹2,486.59 Cr open charges and ₹1,735.45 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shyam Tower, 03-319, Dh 6/11,, Street No. 319, Action Area - Id,, New Town, West Bengal, 700156.

Company Details

CIN/LLPIN
U28999WB1991PLC051823
Registration Number
051823
Incorporation Date
23 May 1991
Authorized Capital
₹55.00 Cr
Paid-Up Capital
₹52.94 Cr
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 55.00 Cr as on 17-12-2025
Paid Up Capital ₹ 52.94 Cr as on 17-12-2025
Company Age 34 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2,486.59 Cr as on 17-12-2025
Satisfied Charges ₹ 1,735.45 Cr as on 17-12-2025
Revenue Growth **** 60.77% (FY 2024)
Profit Growth **** -12.95% (FY 2024)
Ebitda **** 6.85% (FY 2024)
Net Worth 11.60% (FY 2024)
Total Assets **** 8.06% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Shyam Steel Manufacturing Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shyam Steel Manufacturing Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nikunj Beriwal	Whole-Time Director	02 Sep 2014	Current
Sanjay Shahi	Whole-Time Director	28 Apr 2021	Current
Manoj Daga	Whole-Time Director	28 Apr 2021	Current
Sarvesh Beriwala	Additional Director	24 Nov 2025	Current
Suchi Choudhury	Director	28 Apr 2021	Current
Shounak Mitra	Director	29 Jul 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Apr 2010	Past
Pramod Abcsdd	Additional Director	30 Sep 2013	Past
Pramod Abcsdd	Additional Director	30 Sep 2009	Past
Pramod Abcsdd	Additional Director	30 Sep 2009	Past
Pramod Abcsdd	Director	01 Aug 2009	Past
Pramod Abcsdd	Director	-	Past

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Financial Performance of Shyam Steel Manufacturing.

Shyam Steel Manufacturing Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 60.77% increase. The company also saw a substantial fall in profitability, with a 12.95% decrease in profit. The company's net worth Soared by an impressive increase of 11.6%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

60.77%

*******

Revenue from Operations

*******

60.80%

*******

Total Assets

*******

8.06%

*******

Profit or Loss

*******

-12.95%

*******

Net Worth

*******

11.60%

*******

EBITDA

*******

6.85%

*******

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What is the Ownership and Shareholding Structure of Shyam Steel Manufacturing?

In 2024, Shyam Steel Manufacturing had a promoter holding of 100.00%. The company had 4 Subsidiaries and 3 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹24,865,900,000.00

Satisfied Charges

₹17,354,486,184.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 2486.59 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Aug 2023	Sbicap Trustee Company Limited	₹965.00 Cr	Open
16 Aug 2021	Sbicap Trustee Company Limited	₹531.34 Cr	Open
11 Oct 2010	Sbicap Trustee Company Limited	₹990.25 Cr	Open
22 Oct 2024	Hdfc Bank Limited	₹67.00 Cr	Satisfied
31 Aug 2024	Hdfc Bank Limited	₹16.00 Cr	Satisfied

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How Many Employees Work at Shyam Steel Manufacturing?

Shyam Steel Manufacturing has a workforce of 2539 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shyam Steel Manufacturing, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shyam Steel Manufacturing's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shyam Steel Manufacturing

Recent Activity within the Organization

Director Appointment

Progress on Sarvesh Beriwala was appointed as a Additional Director was appointed as a Additional Director on 24 Nov 2025 & has been associated with this company since 3 months 7 days . was documented.
24 Nov 2025
Charges

A charge with Sbicap Trustee Company Limited of Rs. 965.00 Cr registered on 23 Aug 2023 with Charge ID 100771164 was modified on 11 Nov 2025. was recorded as a recent event.
11 Nov 2025
Charges

A charge registered on 22 Oct 2024 via Charge ID 100995970 with Hdfc Bank Limited was fully satisfied on 27 Mar 2025. was recorded as a recent event.
27 Mar 2025
Charges

A charge registered on 31 Aug 2024 via Charge ID 100978935 with Hdfc Bank Limited was fully satisfied on 27 Mar 2025. was recorded as a recent event.
27 Mar 2025
Charges

A charge with Sbicap Trustee Company Limited of Rs. 531.34 Cr registered on 16 Aug 2021 with Charge ID 100474473 was modified on 28 Feb 2025. was recorded as a recent event.
28 Feb 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 67.00 Cr with Charge ID 100995970 was registered on 22 Oct 2024. was recorded as a recent event.
22 Oct 2024

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