About Steelfur System Private Limited
Data last updated:
Steelfur System Private Limited is a private limited company based in Vaghodia, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27106GJ2007PTC050507. Its GSTIN is 24AAKCS7358E1Z5 (Gujarat).
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.68 Cr. It is led by directors including Jignesh Rameshbhai Kayasth (Managing Director) and Rameshbhai Shantilal Kayastha.
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 Vaghodia, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.34 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹54.24 Lakh (net margin 2.7%) and EBITDA of ₹4.14 Cr (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Steelfur. As per MCA filings, the company has open charges of ₹25.48 Cr and satisfied charges of ₹41.45 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelfur.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1435 GIDC Waghodia, Taluka Waghodia District Vadodara, Vaghodia, Gujarat, India – 391760
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Steelfur System Private Limited
The main business activity of Steelfur System is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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 Steelfur System Private Limited FY 2025 filings available
Steelfur System Private Limited reported revenue of ₹20.34 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Steelfur System Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 3% 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 Steelfur System Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.24 Lakh | •••• | •••• | •••• | •••• |
| 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 Steelfur System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Steelfur System 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.
Peer Comparison of Steelfur System Private Limited
Steelfur System Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SSV Cylinders Private Limited | ₹20.42 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Faridabad, Haryana, India |
| Earnest Globalisation Technology India Private Limited | ₹20.39 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Nizampur, Maharashtra, India |
| Nippon Oil Pump India Private Limited | ₹20.39 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bengaluru, Karnataka, India |
| NGK Technologies India Private Limited | ₹20.35 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Gurgaon, Haryana, India |
| Hindbro Private Limited | ₹20.35 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Steelfur System Private Limited this company | ₹20.34 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Vaghodia, Gujarat, India |
| Tanktech Asia Private Limited | ₹20.32 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Saidapet, Tamil Nadu, India |
| Veetek Storemate Private Limited | ₹20.32 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | Chennai, Tamil Nadu, India |
| Weather Controlling Solutions India Private Limited | ₹20.31 Cr (FY 2025) | •••• | •••• | 263.0% | •••• | Pune, Maharashtra, India |
| Formura Offshore Services Private Limited | ₹20.29 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Petlad, Gujarat, India |
| Pinnacle Equipments Private Limited | ₹20.25 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Steelfur System by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Steelfur System Private Limited
Steelfur System Private Limited is audited by D.C. PARIKH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D.C. PARIKH & CO. | 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.
Board of Directors of Steelfur System Private Limited
Steelfur System has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Shantilal Kayastha | Director | 01 Mar 2009 | 17 Years 7 Months | Current |
| Jignesh Rameshbhai Kayasth | Managing Director | 12 Apr 2007 | 19 Years 5 Months | Current |
| Pritesh Kanaiyalal Pandya Also directs: Gayatri Cutter Private Limited | Additional Director | 22 Jul 2025 | 1 Years 2 Months | Current |
Ownership and Shareholding of Steelfur System 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 Steelfur System Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2022 | Yes Bank Limited | ₹13.37 Cr | Open |
| 27 Jan 2022 | Yes Bank Limited | ₹12.1 Cr | Open |
| 31 Aug 2019 | Others | ₹1.5 Cr | Satisfied |
| 22 Feb 2018 | Others | ₹12.26 Cr | Satisfied |
| 26 Sep 2017 | Others | ₹11.35 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Steelfur System Private Limited
Steelfur System Private Limited has 10 court cases on record: 1 filed by Steelfur System, 9 filed against it. 2 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Cholamandalam Investment and Finance Company Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Business Hub Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Doshion Water Solution Private Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
Full case history
All 10 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.
Associated Brands with Steelfur System Private Limited
Steelfur System operates one associated brand: Steelfur. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures racking systems, supermarket furniture, and storage solutions for industrial clients. | steelfur.com |
Employees and EPFO Compliance at Steelfur System Private Limited
Steelfur System Private Limited has a workforce of 98 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 Steelfur System Private Limited
Steelfur System Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Pooja Dhruv Pandit was appointed as Additional Director on 22 Jul 2025.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Steelfur System 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 Steelfur System 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 Steelfur System 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 Steelfur System Private Limited
Steelfur System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS7358E1Z5 | Gujarat | Active | 01 Jul 2017 |
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 Steelfur System 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 Steelfur System Private Limited
Steelfur System is an active private limited company based in Vaghodia, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 April 2007 (19+ years old) and is registered under CIN U27106GJ2007PTC050507.
Steelfur System reported revenue of ₹20.34 Cr for FY 2025 (down 30% YoY).
Steelfur System has 3 current directors:
- Jignesh Rameshbhai Kayasth - Managing Director
- Rameshbhai Shantilal Kayastha - Director
- Pritesh Kanaiyalal Pandya - Additional Director
Steelfur System reported a net profit of ₹54.24 Lakh (net margin 2.7%) and EBITDA of ₹4.14 Cr (EBITDA margin 20.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Steelfur System is 5% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Steelfur System is 24AAKCS7358E1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Steelfur System is U27106GJ2007PTC050507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steelfur System has 10 court cases on record: 1 filed by the company and 9 filed against it. 2 are pending.
Steelfur System was incorporated on 12 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Steelfur System by revenue are SSV Cylinders Private Limited, Earnest Globalisation Technology India Private Limited, Nippon Oil Pump India Private Limited, NGK Technologies India Private Limited, Hindbro Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Pooja Dhruv Pandit was appointed as Additional Director on 22 Jul 2025. Pritesh Kanaiyalal Pandya was appointed as Additional Director on 22 Jul 2025. Kokilaben Rameshbhai Kayastha ceased to be Whole-Time Director on 01 May 2019. Steelfur System has 8 board changes on record in total.