Sunav Steel Private Limited
About Sunav Steel Private Limited
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Sunav Steel Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 03 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27106DL1999PTC100975. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.85 Lakh. It is led by directors Suman Goel and Naveen Goel.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 50 Ground Floor Street No 11 Sewak Park, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.18 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹3.48 Cr (net margin -31.1%) and EBITDA of -₹1.67 Cr (EBITDA margin -14.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹13.5 Cr and satisfied charges of ₹23 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sunav Steel Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressB – 50 Ground Floor Street No 11 Sewak Park, New Delhi, Delhi, India – 110059
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sunav Steel Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sunav Steel is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sunav Steel Private Limited, buy the company report.
Financials of Sunav Steel Private Limited
FY 2017 filings availableSunav Steel Private Limited reported revenue of ₹11.18 Cr (down 64% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 64% fall in the latest year. EBITDA fell 692% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.18 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.67 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.48 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -14.9% | ||
| Net Profit Margin | -31.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sunav Steel Private Limited, buy the company report.
Board of directors of Sunav Steel Private Limited
Sunav Steel has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Goel Also directs: Finest Investments & Developers Private Limited | Director | 03 Aug 1999 | 27 Years 3 Months | Current |
| Naveen Goel Also directs: Finest Investments & Developers Private Limited | Director | 03 Aug 1999 | 27 Years 3 Months | Current |
Peer comparison
Sunav Steel Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajeshwari Industries Private Limited | ₹11.19 Cr (FY 2024) | 30.0% | Mumbai, Maharashtra, India | |||
| Sunav Steel Private Limitedthis company | ₹11.18 Cr (FY 2017) | -₹3.48 Cr | -31.1% | -64.0% | New Delhi, Delhi, India | |
| Adiganga Properties Private Limited | ₹11.11 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Vizon-X Roofing Private Limited | ₹11.08 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sunav Steel Private Limited, buy the company report.
Auditor
Sunav Steel Private Limited is audited by MANU BHAI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANU BHAI & ASSOCIATES | FY 2017 | 011701C |
Shareholding
The shareholding of Sunav Steel Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sunav Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2013 | 10437992 | Hdfc Bank Limited | ₹13.5 Cr | Open | |
| 26 Dec 2012 | 10394927 | Yes Bank Limited | ₹7.5 Cr | Satisfied | |
| 17 Jul 2012 | 10369545 | Yes Bank Limited | ₹7.5 Cr | Satisfied | |
| 15 May 2010 | 10223870 | Idbi Bank Limited | ₹5 Cr | Satisfied | |
| 15 Sep 2006 | 10021626 | State Bank of India | ₹2.3 Cr | Satisfied |
To see the full charge records of Sunav Steel Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sunav Steel Private Limited has 5 court cases on record: 3 filed by Sunav Steel, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Criminal)) | Filed by the company against State of NCT of Delhi | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against State of NCT of Delhi Through Standing Counsel & Anr. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Zhejiang Huada New Materials Co Ltd & Ors | Disposed |
To see the full case history of Sunav Steel 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunav Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sunav Steel has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Apg Steel Industries Private Limited | U27310DL2011PTC219970 | |
| Apg Steel Industries Private Limited | U27310DL2011PTC219970 |
To see the full group structure of Sunav Steel Private Limited, buy the company report.
GST
Sunav Steel has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sunav Steel Private Limited, buy the company report.
Recent activity
Sunav Steel Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Naveen Goel was appointed as Director on 03 Aug 1999.
8 earlier events are in the company report.
Frequently asked questions
Sunav Steel is an active private limited company based in New Delhi, Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 03 August 1999 (27+ years old) and is registered under CIN U27106DL1999PTC100975.
Sunav Steel has 2 current directors:
- Suman Goel - Director
- Naveen Goel - Director
The latest financial statements of Sunav Steel on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Sunav Steel has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sunav Steel is U27106DL1999PTC100975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunav Steel has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Sunav Steel was incorporated on 03 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Sunav Steel by revenue are Rajeshwari Industries Private Limited, Adiganga Properties Private Limited, Vizon-X Roofing Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading).
Naveen Goel was appointed as Director on 03 Aug 1999. Suman Goel was appointed as Director on 03 Aug 1999.
The registered office of Sunav Steel is at B – 50 Ground Floor Street No 11 Sewak Park, New Delhi, Delhi, India – 110059.
Sunav Steel operates in the metals and minerals industry, in the metal retail and distribution segment.
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