Sunweta Steels Limited
About Sunweta Steels Limited
Data last updated:
Sunweta Steels Limited is a public limited company based in Panvel, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 06 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1992PLC064730. Its GSTIN is 27AAFCS5587C1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sandeep Daga and Rishi Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 10/2 M.I.D.C. Taloja Taluka Panvel, Maharashtra, India – 410208.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.92 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 22.8%) and EBITDA of ₹2.82 Cr (EBITDA margin 35.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹5.75 Cr and satisfied charges of ₹5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sunweta Steels has one previous CIN (Corporate Identification Number): U99999MH1992PTC064730. The current CIN is U99999MH1992PLC064730, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1992PLC064730 | Current |
| U99999MH1992PTC064730 | Previous |
Contact details
Sunweta Steels Limited's registered office is in Panvel, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 10/2 M.I.D.C. Taloja Taluka Panvel, Maharashtra, India – 410208
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Sunweta Steels 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 Sunweta Steels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Sunweta Steels Limited, buy the company report.
Financials of Sunweta Steels Limited
FY 2025 filings availableSunweta Steels Limited reported revenue of ₹7.92 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 13% 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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| EBITDA | ₹2.82 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹1.81 Cr | ||||
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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 | 35.7% | ||||
| Net Profit Margin | 22.8% | ||||
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To see the full financial statements and ratios of Sunweta Steels Limited, buy the company report.
Board of directors of Sunweta Steels Limited
Sunweta Steels has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Daga Also directs: Anoushka Capital and Infrastructure Private Limited | Director | 30 Apr 1994 | 32 Years 6 Months | Current |
| Rishi Bansal Also directs: Salience Industries LLP, Krishnalaxmi Constructions LLP, Ridaan Infracom LLP and 1 more | Director | 01 Dec 2006 | 19 Years 11 Months | Current |
| Rajneesh Bansal | Director | 25 Feb 2015 | 11 Years 8 Months | Current |
| Sheetal Daga Also directs: Anoushka Capital and Infrastructure Private Limited | Director | 03 Oct 2006 | 20 Years 1 Months | Current |
| Naresh Bansal Also directs: K B R Industries Private Limited | Director | 11 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Sunweta Steels Limited is audited by S. P. JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. JAIN & ASSOCIATES | FY 2023 | 103969W |
Shareholding
The shareholding of Sunweta Steels Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunweta Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101123910 | Others | ₹36 Lakh | Open | |
| 25 Mar 2025 | 101117719 | Others | ₹36 Lakh | Open | |
| 30 Nov 2018 | 100225027 | Others | ₹5.03 Cr | Open | |
| 30 Mar 2017 | 100089450 | Others | ₹50 Lakh | Satisfied | |
| 20 Dec 2007 | 10090773 | Corporation Bank | ₹4.5 Cr | Satisfied |
To see the full charge records of Sunweta Steels Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Sunweta Steels Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Sunweta Steels Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| A. K. Motiwala |
To see the full MSME payment records of Sunweta Steels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sunweta Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS5587C1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunweta Steels Limited, buy the company report.
Recent activity
Sunweta Steels Limited has 10 board changes on record since 1994: 5 appointments and 5 cessations. The latest: Mamta Ramniranjan Daga ceased to be Director on 12 Oct 2018.
10 earlier events are in the company report.
Frequently asked questions
Sunweta Steels is an active public limited company based in Panvel, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 06 January 1992 (34+ years old) and is registered under CIN U99999MH1992PLC064730.
Sunweta Steels has 5 current directors:
- Sandeep Daga - Director
- Rishi Bansal - Director
- Rajneesh Bansal - Director
- Sheetal Daga - Director
- Naresh Bansal - Director
The latest financial statements of Sunweta Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunweta Steels is 27AAFCS5587C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunweta Steels is U99999MH1992PLC064730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunweta Steels was incorporated on 06 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Mamta Ramniranjan Daga ceased to be Director on 12 Oct 2018. Naresh Bansal ceased to be Additional Director on 30 Sep 2016. Naresh Bansal was appointed as Director on 11 Dec 2015. Sunweta Steels has 10 board changes on record in total.
Sunweta Steels has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Jun 2019.
The registered office of Sunweta Steels is at A – 102 M.I.D.C. Taloja Taluka Panvel, Maharashtra, India – 410208.
Sunweta Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
Sunweta Steels has open charges of ₹5.75 Cr and satisfied charges of ₹5 Cr as per latest MCA filings.
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