Suyog Steels Private Limited
About Suyog Steels Private Limited
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Suyog Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27107MH2009PTC190320. Its GSTIN is 24AAMCS7637L1ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kunal Raman Agrawal and Karan Ramanlal Agarwal.
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 142 F Lalbauba Haveli Room No – 44 2nd Floor Bhuleshwar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.63 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹91,280 (net margin 0.3%) and EBITDA of ₹5.55 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Suyog Steels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address142 F Lalbauba Haveli Room No – 44 2nd Floor Bhuleshwar, Mumbai, Maharashtra, India – 400002
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Manufacturing & Processing
To see the full contact details of Suyog 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 Suyog 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 Suyog Steels Private Limited, buy the company report.
Financials of Suyog Steels Private Limited
FY 2025 filings availableSuyog Steels Private Limited reported revenue of ₹3.63 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 42% fall in the latest year. EBITDA fell 25% 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 | ₹5.55 Lakh | ||||
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| Net Profit (PAT) | ₹91,280 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Suyog Steels Private Limited, buy the company report.
Board of directors of Suyog Steels Private Limited
Suyog Steels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Raman Agrawal Also directs: Palghar Coil Products Private Limited | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Karan Ramanlal Agarwal Also directs: Palghar Coil Products Private Limited | Director | 12 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Suyog Steels Private Limited is audited by V K BANSAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K BANSAL & CO. | FY 2023 | 113658W |
Shareholding
The shareholding of Suyog 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 Suyog Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Suyog Steels Private 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
No delayed payments to MSME suppliers are on our record for Suyog Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suyog Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCS7637L1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suyog Steels Private Limited, buy the company report.
Recent activity
Suyog Steels Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Anil Kashiprasad Kedia ceased to be Director on 11 May 2016.
Frequently asked questions
Suyog Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 February 2009 (17+ years old) and is registered under CIN U27107MH2009PTC190320.
Suyog Steels has 2 current directors:
- Kunal Raman Agrawal - Director
- Karan Ramanlal Agarwal - Director
The latest financial statements of Suyog 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 Suyog Steels is 24AAMCS7637L1ZQ, 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 Suyog Steels is U27107MH2009PTC190320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suyog Steels was incorporated on 12 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Kashiprasad Kedia ceased to be Director on 11 May 2016. Kunal Raman Agrawal ceased to be Additional Director on 30 Sep 2015. Kunal Raman Agrawal was appointed as Director on 17 Jul 2015. Suyog Steels has 7 board changes on record in total.
The registered office of Suyog Steels is at 142 F Lalbauba Haveli Room No – 44 2nd Floor Bhuleshwar, Mumbai, Maharashtra, India – 400002.
Suyog Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
The compliance status of Suyog Steels is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
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