About SKM Steels Limited
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SKM Steels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1994PLC083403. Its GSTIN is 27AADCS7801F1ZG (Maharashtra). The company holds 17 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹4.86 Cr. It is led by directors including Amit Kirtilal Shah (Whole-Time Director) and Chirag Shantilal Shah (Whole-Time Director).
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 Skm House Floor 2 12 Khetwadi 6th Lane Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹3,490.65 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹49.88 Cr (net margin 1.4%) and EBITDA of ₹125.32 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 16% over five years.
The company has about 202 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: SKM Steels Limited and Strandply. As per MCA filings, the company has open charges of ₹654.32 Cr and satisfied charges of ₹1,630.09 Cr on record. Court records list 150 cases involving the company, including 136 filed by the company and 14 filed against it; 33 cases are pending. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.5 Cr; the latest was in March 2021. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,265 overdue payments to 137 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skmsteels.com.
Company details
Contact details
SKM Steels Limited's registered office is in Mumbai, Maharashtra. Its website is skmsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSkm House Floor 2 12 Khetwadi 6th Lane Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of SKM Steels 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
Brands
SKM Steels operates two associated brands: SKM Steels Limited and Strandply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing, trading, and exporting of steel products in India. | skmsteels.com | |
| Manufacture of oriented strand boards for interiors, packaging, and construction in India. | strandplyosb.com |
Business activity
The main business activity of SKM Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SKM Steels Limited, buy the company report.
Financials of SKM Steels Limited
FY 2024 filings availableSKM Steels Limited reported revenue of ₹3,490.65 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 14% growth in the latest year. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹125.32 Cr | ||||
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| Net Profit (PAT) | ₹49.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of SKM Steels Limited, buy the company report.
Board of directors of SKM Steels Limited
SKM Steels has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kirtilal Shah Also directs: SKM Stainox LLP, SKM Steels Venture Private Limited, SKM Constructions Private Limited and 5 more | Whole-Time Director | 11 Jun 2001 | 25 Years 4 Months | Current |
| Gautam Vinodkumar Saraf Also directs: Skyblue Infra Ventures LLP, Arka Resources Private Limited, Arka Ventures Private Limited and 2 more | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Jyoti Bansal Also directs: Magnum Ventures Limited., Magnum Ventures Limited., Longspur International Ventures Limited and 2 more | Director | 28 Sep 2025 | 1 Years 0 Months | Current |
| Chirag Shantilal Shah | Whole-Time Director | 01 Jul 2000 | 26 Years 3 Months | Current |
| Kalpesh Harilal Chowdhary Also directs: Strandply LLP, Trackon Buildcorp LLP, Shashvat Vivan Infratech Private Limited and 5 more | Whole-Time Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Ram Anugrah Singh | Director | 24 Jun 2015 | 11 Years 3 Months | Current |
Auditor
SKM Steels Limited is audited by Gupte Husaini & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupte Husaini & Associates | FY 2023 | 128826W |
Shareholding
The shareholding of SKM Steels 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SKM Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2024 | 101012159 | Others | ₹450 Cr | Open | |
| 12 Nov 2024 | 101017214 | Others | ₹25 Cr | Open | |
| 25 Sep 2024 | 100980280 | Yes Bank Limited | ₹10 Cr | Open | |
| 04 Sep 2024 | 100971152 | Standard Chartered Bank | ₹5 Cr | Open | |
| 29 Aug 2024 | 100978704 | Others | ₹25 Cr | Open |
To see the full charge records of SKM Steels Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
SKM Steels Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.5 Cr; the latest was in March 2021.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: SKM Constructions Private Limited Seller: Juvenile Capfin Private Limited , SKM Capital & Holdings Private Limited , Shree Parul Developers Private Limited |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: Universal Credit and Securities Limited Seller: Zen Shaving Limited , Mindvision Capital Limited , Tribhuvan Housing Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Sapan Chemicals Limited , 2 individuals Seller: Suryadeep Salt Refinery And Chemicals Work Limited, 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Zen Shaving Limited , Juvenile Capfin Private Limited , 2 individuals Seller: Ken Securities Limited , Creative World Telefilms Limited , Fountain Commerce Pvt Ltd |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: Sumit Vinimay Private Limited, Amit Kirtilal Shah Huf, 2 individuals Seller: Plus Jet Finvest Pvt. Ltd. , 3 individuals |
To see the full deal history of SKM Steels Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SKM Steels Limited has 150 court cases on record: 136 filed by SKM Steels, 14 filed against it. 33 cases are pending and 117 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 131 | 5 | 31 |
| High courts | 17 | 9 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 150)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Universal Tube Accessories Pvt Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Nirmiti Stampings Pvt Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Armaax Auto Pvt Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Samshi Pipe Industries Ltd. and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Shivani Hot Rolled Steels Pvt. Ltd. and 2 others | Pending |
To see the full case history of SKM Steels 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.
Credit ratings & regulatory alerts
SKM Steels Limited was last rated by Care on 21 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Feb 2022 |
To see the full credit ratings and regulatory alerts of SKM Steels Limited, buy the company report.
MSME payment delays
SKM Steels Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,265 overdue payments to 137 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 137)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saidatta Logistics Private Limited | |||
| Navkardeep Steel Private Limited | |||
| Veritas Industries Private Limited | |||
| Fromm Packaging Systems India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of SKM Steels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
SKM Steels has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mahima Infrastructures Private Limited | U45200MP2007PTC019444 | |
| Shashvat Vivan Infratech Private Limited | U51433MH2021PTC359169 |
To see the full group structure of SKM Steels Limited, buy the company report.
Employees & EPFO
SKM Steels Limited has a workforce of 202 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
SKM Steels has 17 GST registrations: 15 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS7801F1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AADCS7801F2ZF | Maharashtra | Active | 01 Oct 2019 |
| 27AADCS7801F3ZE | Maharashtra | Active | 31 May 2021 |
| 27AADCS7801F5ZC | Maharashtra | Active | 24 Jun 2022 |
To see the full GST registrations and return filing status of SKM Steels Limited, buy the company report.
Recent activity
SKM Steels Limited has 19 board changes on record since 2000: 6 appointments and 13 cessations. The latest: Jyoti Bansal was appointed as Director on 28 Sep 2025.
129 earlier events are in the company report.
Frequently asked questions
SKM Steels is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 December 1994 (32+ years old) and is registered under CIN U27100MH1994PLC083403.
SKM Steels has 6 current directors:
- Amit Kirtilal Shah - Whole-Time Director
- Chirag Shantilal Shah - Whole-Time Director
- Kalpesh Harilal Chowdhary - Whole-Time Director
- Gautam Vinodkumar Saraf - Director
- Jyoti Bansal - Director
- Ram Anugrah Singh - Director
The latest financial statements of SKM Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of SKM Steels is 27AADCS7801F1ZG, registered in Maharashtra. The company has 17 GST registrations in all, of which 15 are active and 2 are cancelled or inactive. Other active GSTINs include 27AADCS7801F2ZF (Maharashtra), 27AADCS7801F3ZE (Maharashtra), 27AADCS7801F5ZC (Maharashtra).
The CIN (Corporate Identification Number) of SKM Steels is U27100MH1994PLC083403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SKM Steels has 150 court cases on record: 136 filed by the company and 14 filed against it. 33 are pending. Most are in the district courts.
SKM Steels was incorporated on 01 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
SKM Steels has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.5 Cr; the latest was in March 2021.
Jyoti Bansal was appointed as Director on 28 Sep 2025. Anju Kalpesh Chowdhary ceased to be Whole-Time Director on 31 Dec 2019. Gautam Vinodkumar Saraf was appointed as Director on 01 Mar 2017. SKM Steels has 19 board changes on record in total.
SKM Steels has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,265 overdue payments to 137 micro and small suppliers. The latest return was filed on 01 May 2024.
SKM Steels can be reached through the website skmsteels.com. Its registered office is in Mumbai, Maharashtra, India.