About Swastik Heavy Structurals Private Limited
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Swastik Heavy Structurals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 12 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1988PTC046192. Its GSTIN is 27AAACS6799K2ZK (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Pallavi Jayesh Iyer and Jayesh Subhash Iyer.
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 B/28 Minerva Ind Estate Opp. Ralli Wolf Lbs, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.23 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹11,500 (net margin 0.1%) and EBITDA of ₹52.65 Lakh (EBITDA margin 42.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹9.22 Cr and satisfied charges of ₹35 Lakh on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastikglobal.net.
Company details
Contact details
Swastik Heavy Structurals Private Limited's registered office is in Mumbai, Maharashtra. Its website is swastikglobal.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/28 Minerva Ind Estate Opp. Ralli Wolf Lbs, Mumbai, Maharashtra, India – 400080
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Swastik Heavy Structurals 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 Swastik Heavy Structurals is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Swastik Heavy Structurals Private Limited, buy the company report.
Financials of Swastik Heavy Structurals Private Limited
FY 2025 filings availableSwastik Heavy Structurals Private Limited reported revenue of ₹1.23 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 8% fall in the latest year. EBITDA fell 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹52.65 Lakh | ||||
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| Net Profit (PAT) | ₹11,500 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 42.8% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Swastik Heavy Structurals Private Limited, buy the company report.
Board of directors of Swastik Heavy Structurals Private Limited
Swastik Heavy Structurals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Jayesh Iyer Also directs: Jipix Construction Private Limited, S K Flooring Pvt Ltd | Director | 17 Jun 2016 | 10 Years 4 Months | Current |
| Jayesh Subhash Iyer Also directs: Jipix Construction Private Limited | Director | 26 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Swastik Heavy Structurals Private Limited is audited by MILIN SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILIN SHAH | FY 2023 | 175331 |
Shareholding
The shareholding of Swastik Heavy Structurals 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 Swastik Heavy Structurals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2016 | 100034331 | Others | ₹50 Lakh | Open | |
| 18 Feb 2016 | 10625519 | The Cosmos Co- Operative Bank Ltd | ₹10 Lakh | Open | |
| 10 Apr 2015 | 10567974 | The Cosmos Co- Operative Bank Ltd | ₹20 Lakh | Open | |
| 14 May 2013 | 10429777 | The Cosmos Co-Op Bank Ltd | ₹10 Lakh | Open | |
| 08 Feb 2012 | 10341694 | The Cosmos Co-Op Bank Ltd | ₹1 Cr | Open |
To see the full charge records of Swastik Heavy Structurals Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Swastik Heavy Structurals Private Limited has 14 court cases on record: 5 filed by Swastik Heavy Structurals, 9 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 4 | 1 |
| District courts | 5 | 5 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Azamin Enterprise Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Azamin Enterprise Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Maharashtra State Electricity Distribution Company Limited THR. Add. Executive Engineer | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 15 | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The Cosmos Co-Op. Bank Ltd Through Vilas J. Shelke | Disposed |
To see the full case history of Swastik Heavy Structurals 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swastik Heavy Structurals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swastik Heavy Structurals has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6799K2ZK | Maharashtra | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Swastik Heavy Structurals Private Limited, buy the company report.
Recent activity
Swastik Heavy Structurals Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Jayesh Subhash Iyer was appointed as Director on 26 Nov 2025.
12 earlier events are in the company report.
Frequently asked questions
Swastik Heavy Structurals is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 12 February 1988 (38+ years old) and is registered under CIN U99999MH1988PTC046192.
Swastik Heavy Structurals has 2 current directors:
- Pallavi Jayesh Iyer - Director
- Jayesh Subhash Iyer - Director
The latest financial statements of Swastik Heavy Structurals 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 Swastik Heavy Structurals is 27AAACS6799K2ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Swastik Heavy Structurals is U99999MH1988PTC046192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Heavy Structurals has 14 court cases on record: 5 filed by the company and 9 filed against it. 2 are pending. Most are in the high courts.
Swastik Heavy Structurals was incorporated on 12 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Jayesh Subhash Iyer was appointed as Director on 26 Nov 2025. Jayesh Subhash Iyer ceased to be Managing Director on 11 Jun 2019. Leela Subhash Iyer ceased to be Director on 11 Jun 2019. Swastik Heavy Structurals has 5 board changes on record in total.
Swastik Heavy Structurals can be reached through the website swastikglobal.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Swastik Heavy Structurals is at B28 Minerva Ind Estate Opp. Ralli Wolf Lbs, Mumbai, Maharashtra, India – 400080.
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