About Sve Steels Private Limited
Data last updated:
Sve Steels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2010PTC054440. Its GSTIN is 29AAOCS5777M1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Sve Steel Blades Private Limited. It is led by directors Rathna Chayapathy and Shruthi Pradeep.
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 2568 I Floor 8th Main Banashankari II Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.32 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹11,740 (net margin 0.1%) and EBITDA of ₹61.41 Lakh (EBITDA margin 46.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹2.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website svesteels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2568 I Floor 8th Main Banashankari II Stage, Bangalore, Karnataka, India – 560070
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Sve Steels Private Limited
The main business activity of Sve Steels is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sve Steels Private Limited
Sve Steels Private Limited is audited by M S S V & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S S V & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sve Steels Private Limited
Sve Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rathna Chayapathy | Director | 02 Sep 2010 | 16 Years 1 Months | Current |
| Shruthi Pradeep | Director | 14 Jul 2010 | 16 Years 2 Months | Current |
Financials of Sve Steels Private Limited FY 2023 filings available
Sve Steels Private Limited reported revenue of ₹1.32 Cr (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Sve Steels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 17% fall in the latest year. EBITDA rose 9% 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 of Sve Steels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹61.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11,740 | •••• | •••• | •••• | •••• |
| 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 of Sve Steels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sve Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sve Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sve Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2019 | Others | ₹2.5 Cr | Open |
| 26 Apr 2017 | Others | ₹2.5 Cr | Open |
| 22 Jan 2015 | State Bank of India | ₹2 Cr | Satisfied |
| 22 Feb 2012 | Vijaya Bank | ₹50 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Sve Steels Private Limited
Employment history and EPFO contributions of people linked to Sve Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Sve Steels Private Limited
Sve Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCS5777M1Z7 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Sve Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sve Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sve Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sve Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Sve Steels Private Limited
Frequently Asked Questions about Sve Steels Private Limited
Sve Steels is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 July 2010 (16+ years old) and is registered under CIN U29253KA2010PTC054440.
Sve Steels reported revenue of ₹1.32 Cr for FY 2023 (down 17% YoY).
Sve Steels has 2 current directors:
- Rathna Chayapathy - Director
- Shruthi Pradeep - Director
Sve Steels reported a net profit of ₹11,740 (net margin 0.1%) and EBITDA of ₹61.41 Lakh (EBITDA margin 46.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sve Steels is -17% over three years and -29% over five years. In the latest year (FY 2023) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sve Steels is 29AAOCS5777M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Sve Steels is U29253KA2010PTC054440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sve Steels was incorporated on 14 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Sve Steels can be reached through the website svesteels.com. Its registered office is in Bangalore, Karnataka, India.