Steel Hypermart India Private Limited
About Steel Hypermart India Private Limited
Data last updated: 24 July 2025
Steel Hypermart India Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in electronics retail and distribution, a part of the broader consumer electronics and durables sector. Incorporated on 16 August 2004, the company has been in operation for over 22 years.
Registered with ROC Bangalore under CIN U27101KA2004PTC034499.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.95 Cr. Formerly known as Singhi Udyog Private Limited. It is led by directors Mahendra Kumar Singhi and Suman Mahendra Kumar Singhi.
Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Mannat # 2/1 A Nanjappa Road Shanthi Nagar, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.27 Cr, a decline of 89% compared to the previous year.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹327.97 Cr and satisfied charges of ₹223.13 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments.
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Registered AddressMannat # 2/1 A Nanjappa Road Shanthi Nagar, Bangalore, Karnataka, India – 560027
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IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
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Business Activity of Steel Hypermart India Private Limited
Steel Hypermart India Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Steel Hypermart India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Steel Hypermart India Private Limited
Steel Hypermart India Private Limited is audited by R RAGHUNATHAN & CO for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R RAGHUNATHAN & CO | Locked | Locked | Locked |
Complete auditor history for Steel Hypermart India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Steel Hypermart India Private Limited
Steel Hypermart India Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar Singhi | Director | 16 Aug 2004 | 22 Years 0 Months | As last reported |
| Suman Mahendra Kumar Singhi | Director | 16 Aug 2004 | 22 Years 0 Months | As last reported |
Financials of Steel Hypermart India Private Limited FY 2021 filings available
Steel Hypermart India Private Limited reported revenue of ₹2.27 Cr (down 89.00% YoY) for FY 2021.
Ten-year financial statements for Steel Hypermart India Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Steel Hypermart India Private Limited
Shareholding and ownership data for Steel Hypermart India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Steel Hypermart India Private Limited
Steel Hypermart India Private Limited has 1 subsidiary company. This group structure data is as of FY 2021. The corporate group structure reflects Steel Hypermart India Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Singhi Buildtech Private Limited | U74999KA2017PTC101696 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Steel Hypermart India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2018 | Others | ₹14 Cr | Open |
| 29 Jun 2018 | Indian Bank | ₹13.75 Cr | Open |
| 08 Feb 2018 | Indian Bank | ₹162 Cr | Open |
| 27 Sep 2017 | Indian Bank | ₹137.5 Cr | Open |
| 13 Sep 2013 | Axis Bank Limited | ₹71.52 Lakh | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Steel Hypermart India Private Limited
View historical data on people associated with Steel Hypermart India Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Steel Hypermart India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Steel Hypermart India Private Limited
GST registrations and filing compliance for Steel Hypermart India Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Steel Hypermart India Private Limited
Credit ratings, litigation, and regulatory alerts for Steel Hypermart India Private Limited
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MSME Payment Delays by Steel Hypermart India Private Limited
MSME payment history for Steel Hypermart India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Steel Hypermart India Private Limited
Corporate group structure for Steel Hypermart India Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
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MCA Filings & Documents of Steel Hypermart India Private Limited
MCA filings and documents for Steel Hypermart India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Steel Hypermart India Private Limited
Frequently Asked Questions about Steel Hypermart India Private Limited
Steel Hypermart India Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Steel Hypermart India Private Limited is a company under insolvency, formerly operating as a private limited company in the consumer electronics and durables sector based in Bangalore, Karnataka, India. It was incorporated on 16 August 2004 and is registered under CIN U27101KA2004PTC034499. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Steel Hypermart India Private Limited reported revenue of ₹2.27 Cr for FY 2021 (down 89.00% YoY).
The current directors of Steel Hypermart India Private Limited are:
- Mahendra Kumar Singhi - Director
- Suman Mahendra Kumar Singhi - Director
The CIN (Corporate Identification Number) of Steel Hypermart India Private Limited is U27101KA2004PTC034499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steel Hypermart India Private Limited has open charges of ₹327.97 Cr and satisfied charges of ₹223.13 Cr as per latest MCA filings.