MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0009736
Sun Mark Stainless Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹471.16 Cr
▼ 37% YoY
Net profit · FY 2024
₹23.94 Cr
Net margin 5.1%
EBITDA · FY 2024
₹45.93 Cr
EBITDA margin 9.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.5 Cr
Issued & subscribed
Open charges
₹361.71 Cr
Satisfied ₹85.2 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
23
Provident fund records
About Sun Mark Stainless Private Limited
Data last updated:
Sun Mark Stainless Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 13 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2014PTC078248. Its GSTIN is 24AAUCS1323H1ZC (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.5 Cr. It is led by directors including Pratik Mahendra Shah (Managing Director) and Aaditya Kartik Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 310 Ashirvad Paras Opp. Krishna Bunglow Nr. Prahladnagar Garden Vejalpur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹471.16 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹23.94 Cr (net margin 5.1%) and EBITDA of ₹45.93 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 23% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹361.71 Cr and satisfied charges of ₹85.2 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Sun Mark Stainless Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0009736). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunmarkstainless.com.
Company details
CIN U27109GJ2014PTC078248
Registration Number 078248
Incorporation Date 13 January 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0009736
Key People
Pratik Mahendra Shah Managing Director Ankur Rajnikant Patwa Cfo Aaditya Kartik Shah Director Recognitions & Rankings of Sun Mark Stainless
Contact details
Sun Mark Stainless Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sunmarkstainless.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address310 Ashirvad Paras Opp. Krishna Bunglow Nr. Prahladnagar Garden Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Sun Mark Stainless Private Limited, buy the company report.
Comprehensive company report
Sun Mark Stainless Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Sun Mark Stainless is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sun Mark Stainless Private Limited, buy the company report.
Financials of Sun Mark Stainless Private Limited
FY 2024 filings availableSun Mark Stainless Private Limited reported revenue of ₹471.16 Cr (down 37% YoY) for FY 2024.
Revenue · FY 2024
₹471.16 Cr ▼ 37%
Net profit · FY 2024
₹23.94 Cr margin 5.1%
EBITDA · FY 2024
₹45.93 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 16%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 67%
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 67% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹45.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.94 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sun Mark Stainless Private Limited, buy the company report.
Board of directors and KMP of Sun Mark Stainless Private Limited
Sun Mark Stainless Private Limited currently reports 4 directors and 1 key managerial person. 6 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Mahendra Shah Also directs: Whitesalt Commune LLP, Sunmount Stainless LLP | Managing Director | 13 Jan 2014 | 12 Years 9 Months | Current |
| Aaditya Kartik Shah | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Ankur Rajnikant Patwa Also directs: Shah Foils Limited | Cfo | 19 Jun 2025 | 1 Years 4 Months | Current |
| Jignesh Rameshchandra Shah Also directs: Hillstone Cafe LLP, Hawk Eye Developers LLP, Star High Construction and Developers LLP and 5 more | Director | 24 Jul 2025 | 1 Years 3 Months | Current |
| Ruchit Mahendra Shah Also directs: Jambudweep Builtcon LLP, Sun Mark Tubes & Pipes Private Limited, Sunmount Stainless LLP and 3 more | Director | 13 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Sun Mark Stainless Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishna Iron Strips and Tubes Pvt Ltd | ₹480.33 Cr (FY 2025) | -13.0% | Raipur, Chhattisgarh, India | |||
| Inframat Alloys Private Limited | ₹479.74 Cr (FY 2025) | 9.0% | Bengaluru, Karnataka, India | |||
| Sun Mark Stainless Private Limitedthis company | ₹471.16 Cr (FY 2024) | ₹23.94 Cr | 5.1% | -37.0% | 23 | Ahmedabad, Gujarat, India |
| Multimetals Limited | ₹461.7 Cr (FY 2025) | 9.0% | Kotah, Rajasthan, India | |||
| Asian Mills Private Limited | ₹452.04 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Agarsen Rerollers Pvt Ltd | ₹451.83 Cr (FY 2025) | -29.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Sun Mark Stainless Private Limited, buy the company report.
Auditor
Sun Mark Stainless Private Limited is audited by BHANWAR JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHANWAR JAIN & CO | FY 2023 | 117340W |
Shareholding
The shareholding of Sun Mark Stainless Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sun Mark Stainless Private Limited, buy the company report.
Charges & borrowings
Open charges
₹361.71 Cr
Satisfied charges
₹85.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2025 | 101187537 | Hdfc Bank Limited | ₹82.15 Cr | Open | |
| 20 Apr 2022 | 100563603 | Others | ₹95.76 Cr | Open | |
| 30 Dec 2017 | 100157047 | Hdfc Bank Limited | ₹183.8 Cr | Open | |
| 20 Apr 2022 | 100563606 | Others | ₹6.03 Cr | Satisfied | |
| 29 May 2019 | 100276503 | Axis Bank Limited | ₹35 Cr | Satisfied |
To see the full charge records of Sun Mark Stainless Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sun Mark Stainless Private Limited has 3 court cases on record: 1 filed by Sun Mark Stainless, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Mahesana, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against The State of Gujarat | Disposed |
To see the full case history of Sun Mark Stainless Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sun Mark Stainless Private Limited was last rated by Brickwork on 17 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 17 Jun 2022 |
To see the full credit ratings and regulatory alerts of Sun Mark Stainless Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sun Mark Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sun Mark Stainless Private Limited has a workforce of 23 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
43.75%
GST
Sun Mark Stainless has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCS1323H1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sun Mark Stainless Private Limited, buy the company report.
Recent activity
Sun Mark Stainless Private Limited has 10 board changes on record since 2014: 5 appointments and 5 cessations. The latest: Jignesh Rameshchandra Shah ceased to be Additional Director on 29 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 82.15 Cr with Charge ID 101187537 was registered on 12 Nov 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 183.80 Cr registered on 30 Dec 2017 with Charge ID 100157047 was modified on 12 Nov 2025.
Ceased
Jignesh Rameshchandra Shah ceased to be Additional Director.
Appointed
Jignesh Rameshchandra Shah was appointed as Director.
Appointed
Ankur Rajnikant Patwa was appointed as CFO.
Ceased
Pratik Mahendra Shah ceased to be Director.
AGM
Sun Mark Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 20 Apr 2022 via Charge ID 100563606 with Others was fully satisfied on 04 Jun 2024.
Charges
A charge with Others of Rs. 95.76 Cr registered on 20 Apr 2022 with Charge ID 100563603 was modified on 26 Apr 2024.
Filing
Sun Mark Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 29 May 2019 via Charge ID 100276503 with Axis Bank Limited was fully satisfied on 13 Sep 2022.
Charges
A charge with Others amounted to Rs. 6.03 Cr with Charge ID 100563606 was registered on 20 Apr 2022.
12 earlier events are in the company report.
Frequently asked questions
Sun Mark Stainless is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 13 January 2014 (12+ years old) and is registered under CIN U27109GJ2014PTC078248.
Sun Mark Stainless has 5 current directors and KMP:
- Pratik Mahendra Shah - Managing Director
- Aaditya Kartik Shah - Director
- Jignesh Rameshchandra Shah - Director
- Ruchit Mahendra Shah - Director
- Ankur Rajnikant Patwa - Cfo
The latest financial statements of Sun Mark Stainless on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sun Mark Stainless is 24AAUCS1323H1ZC, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sun Mark Stainless is U27109GJ2014PTC078248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sun Mark Stainless has 3 court cases on record: 1 filed by the company and 2 filed against it.
Sun Mark Stainless was incorporated on 13 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sun Mark Stainless by revenue are Krishna Iron Strips and Tubes Pvt Ltd, Inframat Alloys Private Limited, Multimetals Limited, Asian Mills Private Limited, Agarsen Rerollers Pvt Ltd, all in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (metal and metal products).
Jignesh Rameshchandra Shah ceased to be Additional Director on 29 Sep 2025. Jignesh Rameshchandra Shah was appointed as Director on 24 Jul 2025. Ankur Rajnikant Patwa was appointed as CFO on 19 Jun 2025. Sun Mark Stainless has 10 board changes on record in total.
Yes, Sun Mark Stainless is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0009736).
Sun Mark Stainless can be reached through the website sunmarkstainless.com. Its registered office is in Ahmedabad, Gujarat, India.