About Steer Engineering Private Limited
Data last updated: 23 December 2025
Steer Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in process machinery and industrial equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 29 March 1993, the company has been in operation for over 33 years.
Registered with ROC Bangalore under CIN U05190KA1993PTC015303.
Capital: an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹55.86 Lakh. It is led by directors including Padmanabhan Ramaswamy and Babu Padmanabhan.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 290 4Th Main 4Th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹257.43 Cr, a growth of 33% compared to the previous year.
The company has a workforce of approximately 344 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Steer. As per MCA filings, the company has open charges of ₹133.93 Cr and satisfied charges of ₹279.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steerworld.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address290 4Th Main 4Th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058
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IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Steer Engineering Private Limited
Steer Engineering Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100KA1993PTC015303, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA1993PTC015303 | Current |
| U05190KA1993PTC015303 | Previous |
| U05190KA1994PTC015303 | Previous |
Associated Brands with Steer Engineering Private Limited
Steer Engineering Private Limited operates one associated brand: STEER. These brands represent Steer Engineering Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of continuous processing equipment for pharmaceuticals, polymers, and food | steerworld.com |
Business Activity of Steer Engineering Private Limited
Steer Engineering Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | ********* |
Auditor Details of Steer Engineering Private Limited
Steer Engineering Private Limited is audited by VASANTH & CO. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASANTH & CO. | blur-value | blur-value | blur-value |
Board of Directors of Steer Engineering Private Limited
Steer Engineering Private Limited is currently managed by 6 directors, with 13 former directors 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 |
|---|---|---|---|---|
| Padmanabhan Ramaswamy | Whole-Time Director | 11 Nov 1997 | 28 Years 7 Months | Current |
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Babu Padmanabhan
Also directs:
Phitons Bioengineering Private Limited, Qli Ventures Private Limited, Geomater Private Limited and 1 more
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Managing Director | 23 Apr 1993 | 33 Years 2 Months | Current |
|
Thokalahalli Narasimha Hari
Also directs:
Iimcalcutta Innovation Park
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Whole-Time Director | 01 Mar 2023 | 3 Years 4 Months | Current |
|
Satish Padmanabhan
Also directs:
Phitons Bioengineering Private Limited, Geomater Private Limited
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Managing Director | 29 Sep 2001 | 24 Years 9 Months | Current |
|
Shiva Subramanian
Also directs:
Gene Express Genkit Distributors Llp, Going Meta Food Labs Llp, Moringa Ingredients Llp and 5 more
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Director | 15 Mar 2024 | 2 Years 3 Months | Current |
|
Gupta Nitinkumar
Also directs:
Plastics Machinery Manufacturers Association Of India
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Whole-Time Director | 31 Oct 2025 | 0 Years 8 Months | Current |
Financials of Steer Engineering Private Limited FY 2024 filings available
Steer Engineering Private Limited reported revenue of ₹257.43 Cr (up 33% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Steer Engineering Private Limited
As of FY 2024, Steer Engineering Private Limited's shareholding pattern shows 84.26% by promoters, 6.18% by public shareholders, 9.56% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Steer Engineering Private Limited
Steer Engineering Private Limited has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2024. The corporate group structure reflects Steer Engineering Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Steerlife India Private Limited | U24230KA2015PTC081581 |
**.**%
|
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Steer Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2025 | Yes Bank Limited | ₹10 Cr | Open |
| 16 Oct 2023 | Others | ₹20 Cr | Open |
| 17 Aug 2022 | Others | ₹3 Cr | Open |
| 25 Feb 2021 | Others | ₹2 Cr | Open |
| 20 Dec 2018 | Axis Bank Limited | ₹98.86 Cr | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Steer Engineering Private Limited
Steer Engineering Private Limited has a workforce of 344 employees as of Oct 08, 2025.
Employee Count & EPFO Data of Steer Engineering Private Limited
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GST Compliance of Steer Engineering Private Limited
GSTIN & GST Filing Data of Steer Engineering Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Steer Engineering Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Steer Engineering Private Limited
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MSME Payment Delays by Steer Engineering Private Limited
MSME Payment Delays by Steer Engineering Private Limited
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Subsidiaries & Group Companies of Steer Engineering Private Limited
Subsidiaries & Group Companies of Steer Engineering Private Limited
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MCA Filings & Documents of Steer Engineering Private Limited
MCA Filings & Documents of Steer Engineering Private Limited
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Recent Activity on Steer Engineering Private Limited
Recent News on Steer Engineering Private Limited
Frequently Asked Questions about Steer Engineering Private Limited
Steer Engineering Private Limited is an active private limited company in the machinery and equipment sector based in Bangalore, Karnataka, India. It was incorporated on 29 March 1993 (33+ years old) and is registered under CIN U72100KA1993PTC015303. The company has 344 employees.
Steer Engineering Private Limited reported revenue of ₹257.43 Cr for FY 2024 (up 33.00% YoY).
The current directors of Steer Engineering Private Limited are:
The primary industry of Steer Engineering Private Limited is machinery and equipment. The company specifically operates in process machinery and industrial equipment. The company is currently active in this sector.
Steer Engineering Private Limited can be reached at the registered office: 290 4Th Main 4Th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058, or through the website steerworld.com.
The authorised capital is ₹7.1 Cr, and the paid-up capital is ₹55.86 Lakh.