
Sputnik Steels Private Limited
About Sputnik Steels Private Limited
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Sputnik Steels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 14 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1989PTC012358. Its GSTIN is 24AACCS6245E1ZL (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹19.74 Lakh. It is led by directors Jigisha Nikhilesh Shah and Pravinchandra Atmaram Shah.
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 3rd Floor Mrudul Tower Near H K House Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.61 Lakh (net margin -2.1%) and EBITDA of -₹90,600 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 120% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sputnik Steels Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Mrudul Tower Near H K House Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sputnik Steels 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
Financials of Sputnik Steels Private Limited
FY 2025 filings availableSputnik Steels Private Limited reported revenue of ₹2.61 Cr (up 253% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 120% over five years, including 253% growth in the latest year. EBITDA fell 103% 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 |
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| EBITDA | -₹90,600 | ||||
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| Net Profit (PAT) | -₹5.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Sputnik Steels Private Limited, buy the company report.
Board of directors of Sputnik Steels Private Limited
Sputnik Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigisha Nikhilesh Shah | Director | 01 Jul 1991 | 35 Years 4 Months | Current |
| Pravinchandra Atmaram Shah Also directs: Viramgam Rerolling Mills Private Limited | Director | 14 Jun 1989 | 37 Years 4 Months | Current |
Peer comparison
Sputnik Steels Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sa Infrastructure Private Limited | ₹2.63 Cr (FY 2024) | 125.0% | Howrah, West Bengal, India | |||
| D MM Metalloys Private Limited | ₹2.63 Cr (FY 2025) | 32.0% | Noida, Uttar Pradesh, India | |||
| Kuber Foundry Pvt Ltd | ₹2.63 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Seth Banshidhar Kedia Steel Private Limited (Chapter-Ix) | ₹2.62 Cr (FY 2021) | -39.0% | Raipur, Chhattisgarh, India | |||
| Sputnik Steels Private Limitedthis company | ₹2.61 Cr (FY 2025) | -₹5.61 Lakh | -2.1% | 253.0% | Ahmedabad, Gujarat, India | |
| Ats Business Services Private Limitedn | ₹2.6 Cr (FY 2025) | 7.0% | Delhi, India | |||
| Fortune Associates Private Limited | ₹2.58 Cr (FY 2025) | 109.0% | Keonjhar, Odisha, India |
To see the full peer comparison of Sputnik Steels Private Limited, buy the company report.
Auditor
Sputnik Steels Private Limited is audited by J.P.SHAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.P.SHAH & CO. | FY 2022 | 109612W |
Shareholding
The shareholding of Sputnik Steels 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 Sputnik Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sputnik Steels 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 Sputnik Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sputnik Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6245E1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sputnik Steels Private Limited, buy the company report.
Recent activity
Sputnik Steels Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Jigisha Nikhilesh Shah was appointed as Director on 01 Jul 1991.
Frequently asked questions
Sputnik Steels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 14 June 1989 (37+ years old) and is registered under CIN U27109GJ1989PTC012358.
Sputnik Steels has 2 current directors:
- Jigisha Nikhilesh Shah - Director
- Pravinchandra Atmaram Shah - Director
The latest financial statements of Sputnik 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 Sputnik Steels is 24AACCS6245E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Sputnik Steels is U27109GJ1989PTC012358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sputnik Steels was incorporated on 14 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sputnik Steels by revenue are Sa Infrastructure Private Limited, D MM Metalloys Private Limited, Kuber Foundry Pvt Ltd, Seth Banshidhar Kedia Steel Private Limited (Chapter-Ix), Ats Business Services Private Limitedn and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Jigisha Nikhilesh Shah was appointed as Director on 01 Jul 1991. Pravinchandra Atmaram Shah was appointed as Director on 14 Jun 1989.
The registered office of Sputnik Steels is at 3rd Floor Mrudul Tower Near H K House Ashram Road, Ahmedabad, Gujarat, India – 380009.
Sputnik Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
The compliance status of Sputnik Steels is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.

