About Thalaivar Steels Limited
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Thalaivar Steels Limited is a public limited company based in Mahabubnagar, Telangana, India, a subsidiary of Uissant Global Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U28120TG1988PLC008610. Its GSTIN is 36AACCS8614H3Z7 (Telangana). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Sujana Steelslimited and Sujana Steel Re-Rolling Industries Private Limited. It is led by directors including Kiran Kumar Veeramachineni and Natarajan Subburathnam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Admin Building East Wing Sy. No. 197 198(P) 207(P) & 251(P), Sheripally Village Bhoothpur Mandal Mahabubnagar District, Telangana, India – 509382.
As per the financials filed for FY 2025, the company reported a revenue of ₹150.38 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹25.67 Cr (net margin -17.1%) and EBITDA of -₹4.25 Cr (EBITDA margin -2.8%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 35% over five years.
The company has about 32 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹426.64 Cr and satisfied charges of ₹4,649.42 Cr on record. Court records list 192 cases involving the company, including 141 filed by the company and 51 filed against it; 11 cases are pending. The company has 107 deals on record (95 market trades, 9 funding rounds, 3 secondary share transfers), with disclosed funding of ₹459.48 Cr; the latest was in February 2022. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Powersol Metalcraft Limited with revenue of ₹150.87 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sujana.com.
Company details
Name history
Thalaivar Steels has undergone 4 name changes throughout its history. The current legal name is Thalaivar Steels Limited.
| Company Name | Status |
|---|---|
| Thalaivar Steels Limited | Current |
| Sujana Steelslimited | Previous |
| Sujana Steel Re-Rolling Industries Private Limited | Previous |
| Sujana Steels Private Limited | Previous |
| Sujana Metal Products Limited | Previous |
CIN history
Thalaivar Steels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28120TG1988PLC008610, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28120TG1988PLC008610 | Current |
| L28120TG1988PLC008610 | Previous |
| L28120AP1988PLC008610 | Previous |
Contact details
Thalaivar Steels Limited's registered office is in Mahabubnagar, Telangana. Its website is sujana.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAdmin Building East Wing Sy. No. 197 198(P) 207(P) & 251(P), Sheripally Village Bhoothpur Mandal Mahabubnagar District, Telangana, India – 509382
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Thalaivar 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 Thalaivar 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 Thalaivar Steels Limited, buy the company report.
Financials of Thalaivar Steels Limited
FY 2024 filings availableThalaivar Steels Limited reported revenue of ₹150.38 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 14% growth 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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| Total Expenses | |||||
| EBITDA | -₹4.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.67 Cr | ||||
| Balance Sheet | |||||
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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 | -2.8% | ||||
| Net Profit Margin | -17.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Thalaivar Steels Limited, buy the company report.
Board of directors of Thalaivar Steels Limited
Thalaivar Steels has 3 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Kumar Veeramachineni | Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Gojala Raji Reddy | Additional Director | 30 Nov 2024 | 1 Years 11 Months | Current |
| Natarajan Subburathnam Also directs: Puissant Global Private Limited | Director | 02 Feb 2022 | 4 Years 9 Months | Current |
Peer comparison
Thalaivar Steels Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Powersol Metalcraft Limited | ₹150.87 Cr (FY 2025) | 1848.0% | Punjab, India | |||
| Jay Iron and Steels Limited | ₹150.53 Cr (FY 2024) | 6.0% | Raghunathapali, Odisha, India | |||
| Anil Special Steel Industries Limited | ₹150.43 Cr (FY 2016) | -52.0% | Jaipur, Rajasthan, India | |||
| Thalaivar Steels Limitedthis company | ₹150.38 Cr (FY 2025) | -₹25.67 Cr | -17.1% | 14.0% | 32 | Mahabubnagar, Telangana, India |
| Bhawani Ferrous Private Limited | ₹150.37 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Kalliyath Steels Pvt Ltd | ₹149.65 Cr (FY 2025) | 35.0% | Kozhikode, Kerala, India | |||
| South Malabar Steels and Alloys Private Limited | ₹149.39 Cr (FY 2025) | -4.0% | Palakkad, Kerala, India |
To see the full peer comparison of Thalaivar Steels Limited, buy the company report.
Auditor
Thalaivar Steels Limited is audited by Brahmayya & Co., for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Brahmayya & Co., | FY 2025 | 000511S |
Shareholding
The shareholding of Thalaivar Steels Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thalaivar Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2025 | 101107594 | Others | ₹62.5 Cr | Open | |
| 29 Apr 2022 | 100593267 | Others | ₹287.11 Cr | Open | |
| 10 Oct 2000 | 90292903 | Idbi Bank Limited | ₹35 Cr | Open | |
| 22 Jul 1998 | 80032056 | Idbi Bank Limited | ₹10.75 Cr | Open | |
| 23 Sep 1997 | 90261552 | Industrial Development Bank of India | ₹13 Cr | Open |
To see the full charge records of Thalaivar Steels Limited, buy the company report.
Total charge records: 68 View all charges
Deals & funding
Thalaivar Steels Limited has 107 deals on record (95 market trades, 9 funding rounds, 3 secondary share transfers), with disclosed funding of ₹459.48 Cr; the latest was in February 2022.
Deals on record (5 of 107)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹5 Lakh | Investors: Puissant Global Private Limited , Puissant Towers (India) Pcrivate limited & Vijayaraghava Domada, Puissant Towers (India) Pcrivate limited & Natarajan Subburathnam |
| Feb 2015 | Funding round | ₹52.33 Cr | Investors: Yalamanchili Finance and Trading Private Limited , an individual |
| Dec 2010 | Market trade | ₹2.12 Cr | Seller: NBN Fintrade Private Limited |
| Dec 2010 | Market trade | ₹4.91 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Nov 2010 | Market trade | ₹8.73 Cr | Seller: Safeco Projects Private Limited |
To see the full deal history of Thalaivar Steels 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
Thalaivar Steels Limited has 192 court cases on record: 141 filed by Thalaivar Steels, 51 filed against it. 11 cases are pending and 181 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 112 | 30 | 8 |
| District courts | 65 | 18 | 0 |
| Supreme Court | 12 | 3 | 0 |
| NCLAT | 3 | 0 | 3 |
Cases on record (5 of 192)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company by Puissant Global Pvt. Ltd. | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Limited | Pending |
| District court, KOPPAL, Karnataka | Court case (COM.O.S) | Filed against the company by M/S SRC Chemicals Pvt., Ltd., A Registered Company Having Its Corporate Office 3A and B, | Disposed |
| District court, KOPPAL, Karnataka | Civil suit | Filed against the company by M/S SRC Chemicals Pvt Ltd, Regd Office-Pune, Branch Office-Koppal, Reptd by Gpa-Nandanan K | Disposed |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Charminar Granites Exports Ltd., and 8 others | Disposed |
To see the full case history of Thalaivar Steels 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.
Credit ratings & regulatory alerts
Thalaivar Steels Limited was last rated by Care on 03 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Aug 2022 |
To see the full credit ratings and regulatory alerts of Thalaivar Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thalaivar Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Thalaivar Steels has 1 subsidiary company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Glade Steel Private Limited | U27109TG2005PTC046213 |
To see the full group structure of Thalaivar Steels Limited, buy the company report.
Employees & EPFO
Thalaivar Steels Limited has a workforce of 32 employees on its EPFO records as of Sep 25, 2025, across 4 active EPFO establishments.
GST
Thalaivar Steels has 8 GST registrations: 3 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCS8614H3Z7 | Telangana | Active | 01 Jul 2017 |
| 37AACCS8614H2Z6 | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AACCS8614H2ZE | Tamil Nadu | Active | 10 Mar 2022 |
To see the full GST registrations and return filing status of Thalaivar Steels Limited, buy the company report.
Recent activity
Thalaivar Steels Limited has 32 board changes on record since 2008: 3 appointments and 29 cessations. The latest: Gojala Raji Reddy was appointed as Additional Director on 30 Nov 2024.
193 earlier events are in the company report.
Frequently asked questions
Thalaivar Steels is an active public limited company based in Mahabubnagar, Telangana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 May 1988 (38+ years old) and is registered under CIN U28120TG1988PLC008610.
Thalaivar Steels has 3 current directors:
- Kiran Kumar Veeramachineni - Director
- Gojala Raji Reddy - Additional Director
- Natarajan Subburathnam - Director
The latest financial statements of Thalaivar Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Thalaivar Steels is 36AACCS8614H3Z7, registered in Telangana. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 37AACCS8614H2Z6 (Andhra Pradesh), 33AACCS8614H2ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Thalaivar Steels is U28120TG1988PLC008610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thalaivar Steels has 192 court cases on record: 141 filed by the company and 51 filed against it. 11 are pending. Most are in the high courts.
Thalaivar Steels was incorporated on 02 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Hyderabad.
Thalaivar Steels has 107 deals on record (95 market trades, 9 funding rounds, 3 secondary share transfers), with disclosed funding of ₹459.48 Cr; the latest was in February 2022.
The peers of Thalaivar Steels by revenue are Powersol Metalcraft Limited, Jay Iron and Steels Limited, Anil Special Steel Industries Limited, Bhawani Ferrous Private Limited, Kalliyath Steels Pvt Ltd and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Gojala Raji Reddy was appointed as Additional Director on 30 Nov 2024. Narendra Vasantha ceased to be Additional Director on 29 Sep 2024. Kiran Kumar Veeramachineni ceased to be Additional Director on 28 Nov 2022. Thalaivar Steels has 32 board changes on record in total.
Thalaivar Steels can be reached through the website sujana.com. Its registered office is in Mahabubnagar, Telangana, India.
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