Steer Engineering Private Limited, a active private limited company, was established on 29 March 1993 in Bangalore, Karnataka, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U05190KA1993PTC015303. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹7.10 Cr and a paid-up capital of ₹5.59 M.
It upholds a compliant status. Employing 344 professional, Its leadership includes Padmanabhan Ramaswamy (Whole-Time Director), Babu Padmanabhan (Managing Director), Thokalahalli Narasimha Hari (Director). Past directors included Satish Preethi, Rangaswamy Srinivas Iyengar, Subba Padubidri Bangera. It holds ₹133.93 Cr open charges and ₹279.09 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at 290, 4Th Main, 4Th Phase,Peenya Industrial Area, Bangalore, Bangalore, Karnataka, 560058.
U05190KA1993PTC015303
015303
29 March 1993
₹7.10 Cr
₹5.59 M
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Padmanabhan Ramaswamy | Whole-Time Director | 11 Nov 1997 | Current |
| Babu Padmanabhan | Managing Director | 23 Apr 1993 | Current |
| Thokalahalli Narasimha Hari | Director | 01 Mar 2023 | Current |
| Satish Padmanabhan | Managing Director | 29 Sep 2001 | Current |
| Shiva Subramanian | Director | 15 Mar 2024 | Current |
| Gupta Nitinkumar | Whole-Time Director | 07 Apr 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 30 Nov 2021 | Past |
| Pramod Abcsdd | Director | 31 Mar 2010 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2018 | Past |
| Pramod Abcsdd | Additional Director | 30 Nov 2021 | Past |
| Pramod Abcsdd | Director | 31 Mar 2010 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2023 | Past |
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Steer Engineering Private Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
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In 2024, Steer Engineering had a promoter holding of 84.26% and a public holding of 15.74%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,339,300,000.00
₹2,790,920,120.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2025 | Yes Bank Limited | ₹10.00 Cr | Open |
| 16 Oct 2023 | Others | ₹20.00 Cr | Open |
| 17 Aug 2022 | Others | ₹3.00 Cr | Open |
| 25 Feb 2021 | Others | ₹2.00 Cr | Open |
| 20 Dec 2018 | Axis Bank Limited | ₹98.86 Cr | Open |
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Steer Engineering has a workforce of 344 employees as of Oct 08, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Steer Engineering, 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 Steer Engineering's trajectory.
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The activity A charge with Axis Bank Limited of Rs. 98.86 Cr registered on 20 Dec 2018 with Charge ID 100230131 was modified on 24 Sep 2025. was completed.
A charge with Yes Bank Limited of Rs. 10.00 Cr registered on 18 Feb 2025 with Charge ID 101055975 was modified on 20 Aug 2025. was recorded as a recent event.
A charge registered on 21 Dec 2018 via Charge ID 100230455 with Others was fully satisfied on 06 Jun 2025. was recorded as a recent event.
Progress on Gupta Nitinkumar was appointed as a Whole-time director was appointed as a Whole-time director on 07 Apr 2025 & has been associated with this company since 8 months 9 days . was documented.
The activity A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101055975 was registered on 18 Feb 2025. was completed.
Progress on Dhiraj Tiwari was appointed as a Cfo was appointed as a Cfo on 25 Nov 2024 & has been associated with this company since 1 year 20 days . was documented.
Steer Engineering announced a research collaboration with German healthcare giant Merck, to create co-rotating twin-screw extruder technology to process special effect pigments for the plastics industry..
The CIN of Steer Engineering Private Limited is U05190KA1993PTC015303.
Steer Engineering Private Limited is headquartered at 290, 4Th Main, 4Th Phase,Peenya Industrial Area, Bangalore, Bangalore, Karnataka, 560058.
Steer Engineering Private Limited was incorporated on 29 March 1993.
The current directors of Steer Engineering Private Limited are
The primary industry of Steer Engineering Private Limited is Manufacturing.
Steer Engineering Private Limited is unlisted.
The authorized capital of Steer Engineering Private Limited is ₹7.10 Cr, and the paid-up capital is ₹5.59 M.
The compliance status of Steer Engineering Private Limited is Compliant.
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