Steeltech Resources Limited - Company Profile

It is a agriculture public limited company based in Mumbai, Maharashtra, India, established in 1979.
1979 Mumbai, Maharashtra, India Active
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About Steeltech Resources Limited

Steeltech Resources Limited, a active public limited company, was established on 09 November 1979 in Mumbai, Maharashtra, India. Engaging in agro retail & distribution within the trade sector, it holds CIN: U74999MH1979PLC029075. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹4.86 Cr.

Formerly known as Ruchi Acroni Industries Limited. It upholds a compliant status. Its leadership includes Shambunath Sadawarti (Director), Rajesh Soni (Director), Prakash Madhavrao Deshmukh (Director). Past directors included Rajesh Soni, Pawan Kumar Jain, Nitesh Nagar. It holds ₹61.50 Cr open charges and ₹48.90 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 611 Tulsani Chambersnariman Point, Mumbai, Maharashtra, 400021.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999MH1979PLC029075

  • Registration Number

    029075

  • Incorporation Date

    09 November 1979

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹4.86 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.86 Cr
  • Company Age 46 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 61.50 Cr
  • Satisfied Charges ₹ 48.90 Cr
  • Revenue Growth **** 145.13%
  • Profit Growth **** 40.43%
  • Ebitda **** -13.48%
  • Net Worth -0.36%
  • Total Assets -0.31%
Company report

Steeltech Resources Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Steeltech Resources Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Steeltech Resources Limited?
Current Directors
Name Designation Appointment Date Status
Shambunath Sadawarti Director 25 Mar 2002 Current
Rajesh Soni Director 07 Apr 2018 Current
Prakash Madhavrao Deshmukh Director 23 Oct 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Ceo(Kmp) - Past
Pramod Abcsdd Additional Director 15 Nov 2023 Past
Pramod Abcsdd Director 31 Dec 2015 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 30 Apr 2018 Past

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Financial Performance of Steeltech Resources.

Steeltech Resources Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 145.13% increase. The company also saw a substantial improvement in profitability, with a 40.43% increase in profit. The company's net worth dipped by a decrease of 0.36%.

Steeltech Resources revenue growth over time
Steeltech Resources profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 145.13%
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Revenue from Operations
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*******
*******
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*******
*******
Total Assets
*******
 -0.31%
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*******
*******
*******
Profit or Loss
*******
 40.43%
*******
*******
*******
*******
Net Worth
*******
 -0.36%
*******
*******
*******
*******
EBITDA
*******
 -13.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Steeltech Resources?

In 2023, Steeltech Resources had a public holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹615,000,000.00

Satisfied Charges

₹489,000,000.00

Charges Breakdown by Lending Institutions
  • Uco Bank : 61.50 Cr
Latest Charge Details
Date Lender Amount Status
20 Aug 2001 Uco Bank ₹61.50 Cr Open
26 Jun 1996 Industrial Finance Corporation Of India Ltd ₹17.90 Cr Satisfied
05 Feb 1996 Industrial Development Bank Of India ₹30.00 Cr Satisfied
30 Aug 1988 State Bank Of Indore ₹1.00 Cr Satisfied

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How Many Employees Work at Steeltech Resources?

Unlock and access historical data on people associated with Steeltech Resources, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Steeltech Resources, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Steeltech Resources's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Steeltech Resources
Recent Activity within the Organization
  • Annual General Meeting

    Steeltech Resources Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Steeltech Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Prakash Madhavrao Deshmukh was appointed as a Director was appointed as a Director on 23 Oct 2018 & has been associated with this company since 7 years 3 months . was completed.

  • Director Appointment

    Rajesh Soni was appointed as a Director was appointed as a Director on 07 Apr 2018 & has been associated with this company since 7 years 10 months . was recorded as a recent event.

  • Charges

    A charge registered on 26 Jun 1996 via Charge ID 90229086 with Industrial Finance Corporation Of India Ltd was fully satisfied on 03 Nov 2008. was recorded as a recent event.

  • Charges

    The activity A charge registered on 05 Feb 1996 via Charge ID 90229042 with Industrial Development Bank Of India was fully satisfied on 11 Apr 2008. was completed.

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Frequently Asked Questions
What is the CIN of Steeltech Resources Limited?

The CIN of Steeltech Resources Limited is U74999MH1979PLC029075.

Where is Steeltech Resources Limited headquartered?

Steeltech Resources Limited is headquartered at 611 Tulsani Chambersnariman Point, Mumbai, Maharashtra, 400021.

When was Steeltech Resources Limited incorporated?

Steeltech Resources Limited was incorporated on 09 November 1979.

Who are the current directors of Steeltech Resources Limited?

The current directors of Steeltech Resources Limited are

What is the primary industry of Steeltech Resources Limited?

The primary industry of Steeltech Resources Limited is Trade.

Is Steeltech Resources Limited a listed company?

Steeltech Resources Limited is unlisted.

What is the capital structure of Steeltech Resources Limited?

The authorized capital of Steeltech Resources Limited is ₹10.00 Cr, and the paid-up capital is ₹4.86 Cr.

What is the compliance status of Steeltech Resources Limited?

The compliance status of Steeltech Resources Limited is Compliant.

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