Sundaram Steels Private Limited
About Sundaram Steels Private Limited
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Sundaram Steels Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U27100UP2008PTC036092. Its GSTIN is 20AAMCS4941D1ZM (Jharkhand). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.13 Cr. It is led by directors including Yogesh Manek and Anurag Singhania.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Varanasi, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹654.45 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹9.8 Cr (net margin 1.5%) and EBITDA of ₹25.92 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 39% over five years.
The company has about 305 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹328.25 Cr and satisfied charges of ₹47.46 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sundaram Steels Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressArazi No. 184 Village – Todarpur, Mohansarai Kaswar Sarkari Rajatalab, Varanasi, Uttar Pradesh, India – 221311
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sundaram Steels 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 Sundaram Steels 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 Sundaram Steels Private Limited, buy the company report.
Financials of Sundaram Steels Private Limited
FY 2024 filings availableSundaram Steels Private Limited reported revenue of ₹654.45 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹25.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sundaram Steels Private Limited, buy the company report.
Board of directors of Sundaram Steels Private Limited
Sundaram Steels has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Manek Also directs: Fusion Fuels LLP, Vishnave Realtors Buildcon LLP, Ramgarh Sales Private Limited and 5 more | Director | 29 Mar 2012 | 14 Years 7 Months | Current |
| Anurag Singhania Also directs: Fusion Fuels LLP, Srijan Commosales Private Limited, Surakshit Dealmark Private Limited and 5 more | Director | 29 Mar 2012 | 14 Years 7 Months | Current |
| Amit Jain | Director | 12 Mar 2012 | 14 Years 7 Months | Current |
| Nishant Banka Also directs: Gautam Buddha Infra Projects LLP, Dadijee Steel Manufacturing & Trading Private Limited, Dadijee Global Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
| Manish Kumar Agarwal | Director | 08 Apr 2022 | 4 Years 6 Months | Current |
| Mohit Jain | Director | 12 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Sundaram Steels Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Bhavya Stainless Private Limited | ₹656.48 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Laxmiroop Private Limited | ₹655.87 Cr (FY 2023) | 90.0% | Raipur, Chhattisgarh, India | |||
| Visa Special Steel Limited | ₹655.82 Cr (FY 2025) | 171.0% | Kolkata, West Bengal, India | |||
| Hi-Tech Power and Steel Limited | ₹654.46 Cr (FY 2025) | 0.0% | Raipur, Chhattisgarh, India | |||
| Sundaram Steels Private Limitedthis company | ₹654.45 Cr (FY 2025) | ₹9.8 Cr | 1.5% | -9.0% | 305 | Varanasi, Uttar Pradesh, India |
| Nirman TMT Steel Private Limited | ₹651.51 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| Manaksia Steels Limited | ₹646.79 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Namco Industries Private Limited | ₹646.49 Cr (FY 2025) | -37.0% | Raigarh, Maharashtra, India |
To see the full peer comparison of Sundaram Steels Private Limited, buy the company report.
Auditor
Sundaram Steels Private Limited is audited by M.A. Gabhawala & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.A. Gabhawala & Co | FY 2023 | 124830W |
Shareholding
The shareholding of Sundaram Steels 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 Sundaram Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2025 | 101164494 | Hdfc Bank Limited | ₹54 Lakh | Open | |
| 20 Aug 2025 | 101147678 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 20 Jun 2025 | 101134660 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 15 May 2025 | 101123637 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 17 Apr 2025 | 101112807 | Hdfc Bank Limited | ₹40 Lakh | Open |
To see the full charge records of Sundaram Steels Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Sundaram Steels Private Limited has 8 court cases on record: 3 filed by Sundaram Steels, 5 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 5 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bokaro, Jharkhand | Motor accident claim | Filed against the company by an individual | Pending |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Court case (M.A.CLAIM CASE) | Filed against the company by an individual | Pending |
| District court, Ranchi, Jharkhand | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Ranchi, Jharkhand | Interim or miscellaneous application | Filed by the company against State of Jharkhand | Pending |
| District court, Bokaro, Jharkhand | Criminal complaint | Filed against the company by Jharkhand State Pollution Control Board Rep. by Ram Pravesh Kumar | Pending |
To see the full case history of Sundaram Steels 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
Sundaram Steels Private Limited was last rated by Brickwork on 29 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 29 Dec 2021 |
To see the full credit ratings and regulatory alerts of Sundaram Steels Private Limited, buy the company report.
MSME payment delays
Sundaram Steels Private Limited has 10 MSME Form 1 returns on record between 2020 and 2023, listing 126 overdue payments to 62 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 62)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| India Automobile Store | |||
| Special Mineralspecialities Private Limited | |||
| Ashirwad Sponge Iron Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sundaram Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sundaram Steels Private Limited has a workforce of 305 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sundaram Steels has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAMCS4941D1ZM | Jharkhand | Active | 01 Jul 2017 |
| 06AAMCS4941D1ZC | Haryana | Active | 24 Jul 2024 |
| 20AAMCS4941D1DV | Jharkhand | Active | 30 Oct 2024 |
To see the full GST registrations and return filing status of Sundaram Steels Private Limited, buy the company report.
Recent activity
Sundaram Steels Private Limited has 16 board changes on record since 2010: 6 appointments and 10 cessations. The latest: Nishant Banka ceased to be Additional Director on 29 Sep 2023.
32 earlier events are in the company report.
Frequently asked questions
Sundaram Steels is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 September 2008 (18+ years old) and is registered under CIN U27100UP2008PTC036092.
Sundaram Steels has 6 current directors:
- Yogesh Manek - Director
- Anurag Singhania - Director
- Amit Jain - Director
- Nishant Banka - Director
- Manish Kumar Agarwal - Director
- Mohit Jain - Director
The latest financial statements of Sundaram Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sundaram Steels is 20AAMCS4941D1ZM, registered in Jharkhand. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAMCS4941D1ZC (Haryana), 20AAMCS4941D1DV (Jharkhand).
The CIN (Corporate Identification Number) of Sundaram Steels is U27100UP2008PTC036092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sundaram Steels has 8 court cases on record: 3 filed by the company and 5 filed against it. 5 are pending.
Sundaram Steels was incorporated on 29 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Sundaram Steels by revenue are Bhavya Stainless Private Limited, Laxmiroop Private Limited, Visa Special Steel Limited, Hi-Tech Power and Steel Limited, Nirman TMT Steel Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Nishant Banka ceased to be Additional Director on 29 Sep 2023. Nishant Banka was appointed as Director on 01 Aug 2023. Manish Kumar Agarwal ceased to be Additional Director on 29 Sep 2022. Sundaram Steels has 16 board changes on record in total.
Sundaram Steels has 10 MSME Form 1 returns on record between 2020 and 2023, listing 126 overdue payments to 62 micro and small suppliers. The latest return was filed on 18 Dec 2023.
The registered office of Sundaram Steels is at Arazi No. 184 Village – Todarpur, Mohansarai Kaswar Sarkari Rajatalab, Varanasi, Uttar Pradesh, India – 221311.
Sundaram Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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