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 U72100KA1993PTC015303.
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.
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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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 | Locked |
Business activity turnover details for Steer Engineering Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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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
Also directs:
Steer Engineering Private Limited
|
Whole-Time Director | 11 Nov 1997 | 28 Years 8 Months | Current |
|
Babu Padmanabhan
Also directs:
Phitons Bioengineering Private Limited, Steer Engineering Private Limited, Qli Ventures Private Limited and 2 more
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Managing Director | 23 Apr 1993 | 33 Years 2 Months | Current |
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Thokalahalli Narasimha Hari
Also directs:
Steer Engineering Private Limited, Iimcalcutta Innovation Park
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Whole-Time Director | 01 Mar 2023 | 3 Years 4 Months | Current |
| Satish Padmanabhan | 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
|
Director | 15 Mar 2024 | 2 Years 4 Months | Current |
| Gupta Nitinkumar | 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 33.00% YoY) for FY 2024.
Ten-year financial statements for Steer Engineering Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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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
View historical data on people associated with Steer Engineering Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Steer Engineering Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Steer Engineering Private Limited
GST registrations and filing compliance for Steer Engineering Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Steer Engineering Private Limited
Credit ratings, litigation, and regulatory alerts for Steer Engineering Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Steer Engineering Private Limited
MSME payment history for Steer Engineering Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Steer Engineering Private Limited
Corporate group structure for Steer Engineering Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
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- Subsidiaries and ownership
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MCA Filings & Documents of Steer Engineering Private Limited
MCA filings and documents for Steer Engineering Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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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:
- Padmanabhan Ramaswamy - Whole-Time Director
- Babu Padmanabhan - Managing Director
- Thokalahalli Narasimha Hari - Whole-Time Director
- Satish Padmanabhan - Managing Director
- Shiva Subramanian - Director
- Gupta Nitinkumar - Whole-Time Director
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.