MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0001377
Sve Castings Private Limited - metals and minerals in Bellary, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹54.4 Cr
▲ 55% YoY
Net loss · FY 2023
₹1.84 Cr
Net margin -3.4%
EBITDA · FY 2023
₹24.09 Lakh
EBITDA margin 0.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.92 Cr
Issued & subscribed
Open charges
₹15.39 Cr
Satisfied ₹25.7 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
165
Provident fund records
About Sve Castings Private Limited
Data last updated:
Sve Castings Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27109KA2004PTC033899. Its GSTIN is 29AAICS1847A1ZF (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.92 Cr. It is led by directors including Balaji Permi (Managing Director) and Permi Jyothi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 1 & 2 Kiadbindul Area Auto Nagar, Bellary, Karnataka, India – 583101.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.4 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr (net margin -3.4%) and EBITDA of ₹24.09 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 165 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.39 Cr and satisfied charges of ₹25.7 Cr on record. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.91 Cr; the latest was in July 2020. Its 8 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is A K Multimetals Private Limited with revenue of ₹55.72 Cr.
Sve Castings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0001377). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website svecastings.com.
Company details
CIN U27109KA2004PTC033899
Registration Number 033899
Incorporation Date 06 May 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-05-0001377
Key People
Balaji Permi Managing Director Permi Jyothi Whole-Time Director Permi Sheshadri Whole-Time Director Recognitions & Rankings of Sve Castings
Contact details
Sve Castings Private Limited's registered office is in Bellary, Karnataka. Its website is svecastings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1 & 2 Kiadbindul Area Auto Nagar, Bellary, Karnataka, India – 583101
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sve Castings Private Limited, buy the company report.
Comprehensive company report
Sve Castings 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 Sve Castings 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 Sve Castings Private Limited, buy the company report.
Financials of Sve Castings Private Limited
FY 2023 filings availableSve Castings Private Limited reported revenue of ₹54.4 Cr (up 55% YoY) for FY 2023.
Revenue · FY 2023
₹54.4 Cr ▲ 55%
Net loss · FY 2023
₹1.84 Cr margin -3.4%
EBITDA · FY 2023
₹24.09 Lakh margin 0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 9%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 748%
3 years · compounded
▼ 54%
5 years · compounded
▼ 40%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 55% growth in the latest year. EBITDA rose 748% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹54.4 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Sve Castings Private Limited, buy the company report.
Board of directors of Sve Castings Private Limited
Sve Castings has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Permi | Managing Director | 06 May 2004 | 22 Years 5 Months | Current |
| Permi Jyothi | Whole-Time Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Permi Sheshadri | Whole-Time Director | 30 Mar 2019 | 7 Years 6 Months | Current |
Peer comparison
Sve Castings Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| A K Multimetals Private Limited | ₹55.72 Cr (FY 2024) | 47.0% | Mandi Gobindgarh, Punjab, India | |||
| Jain Tools and Dies Private Limited | ₹55.18 Cr (FY 2025) | 10.0% | Manesar, Haryana, India | |||
| Amba Alluminium Private Limited | ₹55.18 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Cresmac Foundry Private Limited | ₹55.07 Cr (FY 2025) | 9.0% | South 24 Parganas, West Bengal, India | |||
| Sve Castings Private Limitedthis company | ₹54.4 Cr (FY 2023) | -₹1.84 Cr | -3.4% | 55.0% | 165 | Bellary, Karnataka, India |
| Usm Alloys and Casting Private Limited | ₹54.34 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| J.R. Ispat Private Limited | ₹54.25 Cr (FY 2024) | -37.0% | Bhavnagar, Gujarat, India | |||
| Gujarat Metal Cast Industries Private Limited | ₹53.72 Cr (FY 2025) | 13.0% | Village Garadhiya, Gujarat, India | |||
| R.R. Forgings Private Limited | ₹53.61 Cr (FY 2024) | -8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sve Castings Private Limited, buy the company report.
Auditor
Sve Castings Private Limited is audited by Chellur & Prasad for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chellur & Prasad | FY 2023 | 009937S |
Shareholding
The shareholding of Sve Castings 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 Sve Castings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.39 Cr
Satisfied charges
₹25.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2025 | 101195530 | Others | ₹15.15 Cr | Open | |
| 29 Sep 2025 | 101192519 | Bank of India | ₹24.89 Lakh | Open | |
| 28 Aug 2024 | 100970735 | Axis Bank Limited | ₹12.19 Cr | Satisfied | |
| 13 Mar 2009 | 10155706 | State Bank of India | ₹11.01 Cr | Satisfied | |
| 06 Dec 2004 | 80016452 | Ing Vysya Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Sve Castings Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sve Castings Private Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.91 Cr; the latest was in July 2020.
Total deals
11
Secondary share transfers
7
Funding rounds
4
Disclosed funding
₹5.91 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Sve Castings Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sve Castings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Sve Castings Private Limited was last rated by Icra on 18 Oct 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Oct 2017 |
To see the full credit ratings and regulatory alerts of Sve Castings Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sve Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sve Castings Private Limited has a workforce of 165 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
165
Active EPFO establishments
1
Employee growth
0.61%
GST
Sve Castings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS1847A1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sve Castings Private Limited, buy the company report.
Recent activity
Sve Castings Private Limited has 20 board changes on record since 2004: 3 appointments and 17 cessations. The latest: Chenchu Shivalingam ceased to be Whole-Time Director on 31 Mar 2021.
Charges
A charge with Others amounted to Rs. 15.15 Cr with Charge ID 101195530 was registered on 21 Nov 2025.
Charges
A charge registered on 28 Aug 2024 via Charge ID 100970735 with Axis Bank Limited was fully satisfied on 13 Nov 2025.
Charges
A charge with Bank Of India amounted to Rs. 0.25 Cr with Charge ID 101192519 was registered on 29 Sep 2025.
Charges
A charge with Axis Bank Limited of Rs. 12.19 Cr registered on 28 Aug 2024 with Charge ID 100970735 was modified on 27 Nov 2024.
Charges
A charge registered on 13 Mar 2009 via Charge ID 10155706 with State Bank Of India was fully satisfied on 23 Sep 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.19 Cr with Charge ID 100970735 was registered on 28 Aug 2024.
AGM
Sve Castings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sve Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 11.01 Cr registered on 13 Mar 2009 with Charge ID 10155706 was modified on 27 Apr 2022.
Ceased
Chenchu Shivalingam ceased to be Whole-Time Director.
Ceased
Shaw Nawaz Dadakalander Hirehal ceased to be Whole-Time Director.
Ceased
Halaharvi Vishwa Virat Reddy ceased to be Additional Director.
22 earlier events are in the company report.
Frequently asked questions
Sve Castings is an active private limited company based in Bellary, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 May 2004 (22+ years old) and is registered under CIN U27109KA2004PTC033899.
Sve Castings has 3 current directors:
- Balaji Permi - Managing Director
- Permi Jyothi - Whole-Time Director
- Permi Sheshadri - Whole-Time Director
The latest financial statements of Sve Castings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sve Castings is 29AAICS1847A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Sve Castings is U27109KA2004PTC033899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sve Castings was incorporated on 06 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Sve Castings has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.91 Cr; the latest was in July 2020.
The peers of Sve Castings by revenue are A K Multimetals Private Limited, Jain Tools and Dies Private Limited, Amba Alluminium Private Limited, Cresmac Foundry Private Limited, Usm Alloys and Casting Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Chenchu Shivalingam ceased to be Whole-Time Director on 31 Mar 2021. Shaw Nawaz Dadakalander Hirehal ceased to be Whole-Time Director on 31 Oct 2019. Halaharvi Vishwa Virat Reddy ceased to be Additional Director on 01 Apr 2019. Sve Castings has 20 board changes on record in total.
Yes, Sve Castings is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0001377).
Sve Castings can be reached through the website svecastings.com. Its registered office is in Bellary, Karnataka, India.