About
Basic Data Updated:
21 days agoThe manufacture and sale of co-rotating twin-screw extruders, along with their spares, and the research and development of platform technologies in extrusion are the main activities of Steer Engineering Private Limited. Materials in various industries such as pharmaceuticals, plastics, food and nutraceuticals, bio-materials, and bio-refining are transformed and functionalized by SEPL. With two manufacturing facilities situated in Bangalore and Coimbatore, SEPL also has a foundry in Coimbatore. The company has the capability to produce more than 84,000 extruder elements and 140 extruders every year. SEPL's customer base spans across China, France, Germany, Holland, Italy, India, Japan, Mexico, Scotland, Singapore, Spain, Switzerland, and the United States.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U05190KA1993PTC015303 |
| Company No. | 015303 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 29 Mar 1993 |
| Date of AGM | 29 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Products or Services related to Steer Engineering Private Limited
Automotive Shafts
Twin Screw Extruder
Polymer Granules
Compressor Spare Parts & Consumables
Financials of Steer Engineering Private Limited
Steer Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.93% increase. The company also saw a substantial improvement in profitability, with a 143.29% increase in profit. The company's net worth moved up by a moderate rise of 8.03%.
Corporate Structure
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People in Steer Engineering Private Limited
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Executive Team (2)
Satish Padmanabhan
Managing DirectorAppointment Date: 29-Sep-2001
Status: Current
Babu Padmanabhan Managing DirectorAppointment Date: 23-Apr-1993
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Oct 2023 | ₹20.00 Cr | Open |
Others Creation Date: 21 Dec 2018 | ₹10.00 Cr | Open |
Axis Bank Limited Creation Date: 20 Dec 2018 | ₹58.40 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Active
21 years 5 months Babu Padmanabhan and Satish Padmanabhan are mutual person
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Active 4 years 4 months Shiva Subramanian, Babu Padmanabhan and 1 more are mutual person
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Active 12 years 11 months Shiva Subramanian is a mutual person
Recent activity within the organization
Director Appointment
Shiva Subramanian was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2024 & has been associated with this company since 1 month 10 days .
03 Apr 2024Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 21 Dec 2018 with Charge ID 100230455 was modified on 01 Mar 2024.
01 Mar 2024Charges
A charge with Axis Bank Limited of Rs. 5,840.00 Lakh registered on 20 Dec 2018 with Charge ID 100230131 was modified on 08 Feb 2024.
08 Feb 2024Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 100795528 was registered on 16 Oct 2023.
16 Oct 2023Annual General Meeting
Steer Engineering Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023
Recent News, Updates & Announcement
Steerworld Announces The Creation Of A Strategic Advisory Board.Asian News International 21 Mar 2024
- Bengalurus STEER Engineering signs research partnership with healthcare giant Merck.
Steer Engineering announced a research collaboration with German healthcare giant Merck to create corotating twinscrew extruder technology to process special effect pigments for the plastics industry.
Economic Times 21 Feb 2017
- German healthcare giant Merck partners with Bengaluru lab.
BusinessFortNight 21 Feb 2017
- STEER Merck join hands for research on special effect pigments.
Business Line 21 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Steer Engineering Private Limited?
