Siddhaye Structures Private Limited
About Siddhaye Structures Private Limited
Data last updated:
Siddhaye Structures Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27300MH1999PTC122686. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.05 Cr and a paid-up capital of ₹2.05 Cr. It was formerly known as Shridhar Castings Private Limited. It is led by directors including Rugved Rajnish Mulkalwar and Kamlesh Kumar Goyal.
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 C/O Nirmalkumar Athawale G.P.O. Square Civil Lines, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.74 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹2.03 Cr (net margin -116.5%) and EBITDA of -₹98.04 Lakh (EBITDA margin -56.3%). Revenue has declined at a compounded annual rate (CAGR) of 125% over three years and 11% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.1 Cr and satisfied charges of ₹39.46 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/O Nirmalkumar Athawale G.P.O. Square Civil Lines, Nagpur, Maharashtra, India – 440001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Siddhaye Structures Private Limited
The main business activity of Siddhaye Structures is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Siddhaye Structures Private Limited FY 2024 filings available
Siddhaye Structures Private Limited reported revenue of ₹1.74 Cr (down 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Siddhaye Structures Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 93% fall in the latest year. EBITDA fell 31% 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 of Siddhaye Structures Private Limited
| 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 | -₹98.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.03 Cr | •••• | •••• | •••• | •••• |
| 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 of Siddhaye Structures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -56.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -116.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Siddhaye Structures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Siddhaye Structures Private Limited
Siddhaye Structures has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rugved Rajnish Mulkalwar | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Kamlesh Kumar Goyal | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Amit Pankaj Parikh Also directs: Soilon Steel Private Limited, Manas Ispat Private Limited, Dark Horse Infraventure Private Limited and 4 more | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
Peer Comparison of Siddhaye Structures Private Limited
Siddhaye Structures Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leo Steel Junction Private Limited | ₹1.77 Cr (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Navnit Iron and Steel Private Limited | ₹1.77 Cr (FY 2024) | •••• | •••• | 265.0% | •••• | New Delhi, Delhi, India |
| Jabali Steels Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Kunjbehari Ammunition Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | •••• | Rohtak, Haryana, India | |
| Action Ispat and Power Private Limited | ₹1.74 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | New Delhi, Delhi, India |
| Siddhaye Structures Private Limited this company | ₹1.74 Cr (FY 2024) | •••• | •••• | -93.0% | •••• | Nagpur, Maharashtra, India |
| Steel Kala Engineering Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Chaurasia Iron and Steel Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Patna, Bihar, India |
| Mittal Power and Steel (India) Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Durg, Chhattisgarh, India |
| Vinayak Manufacturers Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Kolkata, West Bengal, India |
| Taj Metals Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Siddhaye Structures by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Siddhaye Structures Private Limited
Siddhaye Structures Private Limited is audited by OJHA AGRAWAL AND ASSOSIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| OJHA AGRAWAL AND ASSOSIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Siddhaye Structures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Siddhaye Structures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2021 | Others | ₹11.5 Cr | Open |
| 03 Jun 2000 | The Sanata Sahakari Bank Ltd. | ₹60 Lakh | Open |
| 01 Feb 2012 | Bank of Baroda | ₹14.63 Cr | Satisfied |
| 27 Sep 2010 | The Cosmos Co-Operative Bank Limited | ₹7.5 Cr | Satisfied |
| 11 Jan 2010 | The Cosmos Co-Operative Bank Limited | ₹4.33 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Siddhaye Structures Private Limited
Siddhaye Structures Private Limited has 5 court cases on record: 2 filed by Siddhaye Structures, 3 filed against it. 1 case is pending and 4 are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtracentral Excise Act | Pending |
| Bombay High Court | Court case (CAW) | Filed against the company by Maha. State Electricity Distribution Company Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Maha. State Electricity Distribution Company Ltd | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Supreme Court | Special leave petition | Filed by the company against Commissioner of Central Excise and 1 other | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Siddhaye Structures Private Limited
Siddhaye Structures Private Limited has a workforce of 16 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Siddhaye Structures Private Limited
Siddhaye Structures Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Saurabh Rajendra Nirmalkumar Athawale ceased to be Director on 31 Jan 2024.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Siddhaye Structures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Siddhaye Structures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Siddhaye Structures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Siddhaye Structures Private Limited
Siddhaye Structures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Siddhaye Structures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Siddhaye Structures Private Limited
Siddhaye Structures is an active private limited company based in Nagpur, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 November 1999 (27+ years old) and is registered under CIN U27300MH1999PTC122686.
Siddhaye Structures reported revenue of ₹1.74 Cr for FY 2024 (down 93% YoY).
Siddhaye Structures has 3 current directors:
- Rugved Rajnish Mulkalwar - Director
- Kamlesh Kumar Goyal - Director
- Amit Pankaj Parikh - Director
Siddhaye Structures reported a net loss of ₹2.03 Cr (net margin -116.5%) and EBITDA of -₹98.04 Lakh (EBITDA margin -56.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Siddhaye Structures is 125% over three years and -11% over five years. In the latest year (FY 2024) revenue fell 93%. CAGR is the steady yearly rate that links the first and the last year.
No. Siddhaye Structures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Siddhaye Structures is U27300MH1999PTC122686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhaye Structures has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Siddhaye Structures was incorporated on 17 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Siddhaye Structures by revenue are Leo Steel Junction Private Limited, Navnit Iron and Steel Private Limited, Jabali Steels Private Limited, Kunjbehari Ammunition Private Limited, Action Ispat and Power Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Saurabh Rajendra Nirmalkumar Athawale ceased to be Director on 31 Jan 2024. Amit Pankaj Parikh was appointed as Director on 16 Jan 2024. Kamlesh Kumar Goyal was appointed as Director on 16 Jan 2024. Siddhaye Structures has 9 board changes on record in total.