MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0180746
Siddhi Steels Private Limited - manufacturing in Changodar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.24 Cr
▲ 37% YoY
Net loss · FY 2025
₹1.37 Cr
Net margin -26.1%
EBITDA · FY 2025
-₹11.67 Lakh
EBITDA margin -2.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹4.95 Cr
Satisfied ₹6.22 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
27
Provident fund records
About Siddhi Steels Private Limited
Data last updated:
Siddhi Steels Private Limited is a private limited company based in Changodar, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 24 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2003PTC073760. Its GSTIN is 24AAICS3394J1Z0 (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Markand Virendrabhai Parikh and Purushottam Sharma.
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 Survey No. 240 B/H. Bhagyoday Hotel Changodar Ta. Sanand Dist. Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.24 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹1.37 Cr (net margin -26.1%) and EBITDA of -₹11.67 Lakh (EBITDA margin -2.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 21% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Siddhi Steels. As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹6.22 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Siddhi Steels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0180746). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siddhisteels.in.
Company details
CIN U27100GJ2003PTC073760
Registration Number 073760
Incorporation Date 24 July 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0180746
CIN history
Siddhi Steels has one previous CIN (Corporate Identification Number): U27100MH2003PTC141476. The current CIN is U27100GJ2003PTC073760, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ2003PTC073760 | Current |
| U27100MH2003PTC141476 | Previous |
Key People
Markand Virendrabhai Parikh Director Purushottam Sharma Director Minaxiben Markandbhai Parikh Director Recognitions & Rankings of Siddhi Steels
Contact details
Siddhi Steels Private Limited's registered office is in Changodar, Gujarat. Its website is siddhisteels.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 240 B/H. Bhagyoday Hotel Changodar Ta. Sanand Dist. Ahmedabad, Gujarat, India – 382210
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Siddhi Steels Private Limited, buy the company report.
Comprehensive company report
Siddhi Steels Private Limited - one report that includes everything
- 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
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Brands
Siddhi Steels operates one associated brand: Siddhi Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of investment castings using the lost wax process in India. | siddhisteels.in |
Business activity
The main business activity of Siddhi Steels is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Siddhi Steels Private Limited, buy the company report.
Financials of Siddhi Steels Private Limited
FY 2025 filings availableSiddhi Steels Private Limited reported revenue of ₹5.24 Cr (up 37% YoY) for FY 2025.
Revenue · FY 2025
₹5.24 Cr ▲ 37%
Net loss · FY 2025
₹1.37 Cr margin -26.1%
EBITDA · FY 2025
-₹11.67 Lakh margin -2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 11%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 9%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 37% growth in the latest year. EBITDA rose 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.37 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.2% | ||||
| Net Profit Margin | -26.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Siddhi Steels Private Limited, buy the company report.
Board of directors of Siddhi Steels Private Limited
Siddhi Steels has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Markand Virendrabhai Parikh Also directs: Siddhi Margarine Specialities Limited, Siddhi Knitfab Private Limited, Siddhi Industries Limited and 3 more | Director | 24 Jul 2003 | 23 Years 3 Months | Current |
| Purushottam Sharma Also directs: Siddhi Oils Limited | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Minaxiben Markandbhai Parikh Also directs: Siddhi Margarine Specialities Limited, Siddhi Industries Limited, Siddhi Tex Mills Private Limited and 1 more | Director | 01 Jul 2004 | 22 Years 3 Months | Current |
Auditor
Siddhi Steels Private Limited is audited by Ashokkumar S Gupta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashokkumar S Gupta & Co | FY 2023 | 100698W |
Shareholding
The shareholding of Siddhi Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siddhi Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.95 Cr
Satisfied charges
₹6.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2024 | 100937486 | Others | ₹4.95 Cr | Open | |
| 28 Jul 2022 | 100633113 | Others | ₹3.3 Cr | Satisfied | |
| 22 Sep 2011 | 10310821 | Central Bank of India | ₹86 Lakh | Satisfied | |
| 22 Sep 2011 | 10310831 | Central Bank of India | ₹1.46 Cr | Satisfied | |
| 17 Feb 2005 | 90353493 | Central Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of Siddhi Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Siddhi Steels Private Limited has 3 court cases on record: 3 filed by Siddhi Steels. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Steel Max Valves and Automation Pvt Ltd and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Steel Max Valves and Automation Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Maicon Walves India Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Siddhi Steels Private 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.
MSME payment delays
Siddhi Steels Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 221 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satyam Impex Mumbai | |||
| Integral Trading | |||
| J.J.Enterprise | |||
| Flexible Abrasives Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Siddhi Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Siddhi Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS3394J1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhi Steels Private Limited, buy the company report.
Recent activity
Siddhi Steels Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Purushottam Sharma was appointed as Director on 15 Nov 2021.
AGM
Siddhi Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Siddhi Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 495.00 Lakh with Charge ID 100937486 was registered on 26 Jun 2024.
Charges
A charge registered on 28 Jul 2022 via Charge ID 100633113 with Others was fully satisfied on 12 Jun 2024.
Charges
A charge with Others amounted to Rs. 330.00 Lakh with Charge ID 100633113 was registered on 28 Jul 2022.
Charges
A charge registered on 22 Sep 2011 via Charge ID 10310831 with Central Bank Of India was fully satisfied on 15 Jul 2022.
Charges
A charge registered on 17 Feb 2005 via Charge ID 90353493 with Central Bank Of India was fully satisfied on 15 Jul 2022.
Charges
A charge registered on 22 Sep 2011 via Charge ID 10310821 with Central Bank Of India was fully satisfied on 13 Jul 2022.
Appointed
Purushottam Sharma was appointed as Director.
Charges
A charge with Central Bank Of India amounted to Rs. 86.00 Lakh with Charge ID 10310821 was registered on 22 Sep 2011.
Charges
A charge with Central Bank Of India amounted to Rs. 146.00 Lakh with Charge ID 10310831 was registered on 22 Sep 2011.
Charges
A charge with Central Bank Of India of Rs. 60.00 Lakh registered on 17 Feb 2005 with Charge ID 90353493 was modified on 22 Sep 2011.
4 earlier events are in the company report.
Frequently asked questions
Siddhi Steels is an active private limited company based in Changodar, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 24 July 2003 (23+ years old) and is registered under CIN U27100GJ2003PTC073760.
Siddhi Steels has 3 current directors:
- Markand Virendrabhai Parikh - Director
- Purushottam Sharma - Director
- Minaxiben Markandbhai Parikh - Director
The latest financial statements of Siddhi Steels 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 Siddhi Steels is 24AAICS3394J1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Siddhi Steels is U27100GJ2003PTC073760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhi Steels has 3 court cases on record: 3 filed by the company. 1 is pending.
Siddhi Steels was incorporated on 24 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Purushottam Sharma was appointed as Director on 15 Nov 2021. Minaxiben Markandbhai Parikh was appointed as Director on 01 Jul 2004. Markand Virendrabhai Parikh was appointed as Director on 24 Jul 2003.
Yes, Siddhi Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0180746).
Siddhi Steels has 5 MSME Form 1 returns on record between 2019 and 2024, listing 221 overdue payments to 54 micro and small suppliers. The latest return was filed on 11 Apr 2024.
Siddhi Steels can be reached through the website siddhisteels.in. Its registered office is in Changodar, Gujarat, India.