Ankit Steels Pvt Ltd
About Ankit Steels Pvt Ltd
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Ankit Steels Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27108MP1981PTC001742. Its GSTIN is 23AADCA6654J1ZO (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.69 Cr. It was formerly known as Mittal Stainless Steels (Indore) Limited and Mittal Stainless Steels (Indore) Private Limited. It is led by directors Ankit Mittal and Manoj Bhargava.
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 88 – Kesara Bazar Indore, Madhya Pradesh, India – 452002.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.77 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹41.7 Lakh (net margin -3.9%) and EBITDA of -₹34.84 Lakh (EBITDA margin -3.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.
The company is associated with 1 brand: Ankit Steels. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ankit Steels has undergone 2 name changes throughout its history. The company was previously known as Mittal Stainless Steels (Indore) Limited, and Mittal Stainless Steels (Indore) Private Limited. The current legal name is Ankit Steels Pvt Ltd.
| Company Name | Status |
|---|---|
| Ankit Steels Pvt Ltd | Current |
| Mittal Stainless Steels (Indore) Limited | Previous |
| Mittal Stainless Steels (Indore) Private Limited | Previous |
Contact details
Ankit Steels Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address88 – Kesara Bazar Indore, Madhya Pradesh, India – 452002
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ankit Steels Pvt Ltd, 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
Brands
Ankit Steels operates one associated brand: Ankit Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports auto parts, tools, fasteners, and lubricating equipment worldwide. | ankitsteel.in |
Business activity
The main business activity of Ankit Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ankit Steels Pvt Ltd, buy the company report.
Financials of Ankit Steels Pvt Ltd
FY 2025 filings availableAnkit Steels Pvt Ltd reported revenue of ₹10.77 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 32% growth in the latest year. EBITDA fell 269% 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 | -₹34.84 Lakh | ||||
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| Net Profit (PAT) | -₹41.7 Lakh | ||||
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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 | -3.2% | ||||
| Net Profit Margin | -3.9% | ||||
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To see the full financial statements and ratios of Ankit Steels Pvt Ltd, buy the company report.
Board of directors of Ankit Steels Pvt Ltd
Ankit 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 |
|---|---|---|---|---|
| Ankit Mittal | Director | 31 Aug 2002 | 24 Years 1 Months | Current |
| Manoj Bhargava Also directs: Manavhit Finvest and Builders Pvt Ltd, Jyotipriya Plantation &Orchads Private Limited, Mittal Aluminium Private Limited and 5 more | Director | 26 Sep 2017 | 9 Years 0 Months | Current |
Peer comparison
Ankit Steels Pvt Ltd is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arunprabha Enterprises Private Limited | ₹10.88 Cr (FY 2024) | 4178.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Metallium Impex Private Limited | ₹10.77 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Ramass International Private Limited | ₹10.77 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Ankit Steels Pvt Ltdthis company | ₹10.77 Cr (FY 2025) | -₹41.7 Lakh | -3.9% | 32.0% | Indore, Madhya Pradesh, India | |
| H D S Steel Traders Private Limited | ₹10.73 Cr (FY 2024) | -40.0% | Howrah, West Bengal, India | |||
| Pahadimata Ispat & Minerals Private Limited | ₹10.71 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Shivottam Steels Private Limited | ₹10.68 Cr (FY 2024) | 26.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Ankit Steels Pvt Ltd, buy the company report.
Auditor
Ankit Steels Pvt Ltd is audited by M. Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. Mehta & Co. | FY 2023 | 000957C |
Shareholding
The shareholding of Ankit Steels Pvt Ltd 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 Ankit Steels Pvt Ltd, buy the company report.
Legal cases
Ankit Steels Pvt Ltd has 2 court cases on record: 2 filed by Ankit Steels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Petition | Filed by the company | Disposed |
| NCLT, Indore | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ankit Steels Pvt Ltd, 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 Ankit Steels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ankit Steels has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Ankit Steels has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCA6654J1ZO | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AADCA6654J1DX | Madhya Pradesh | Active | 06 Dec 2024 |
To see the full GST registrations and return filing status of Ankit Steels Pvt Ltd, buy the company report.
Recent activity
Ankit Steels Pvt Ltd has 7 board changes on record since 2002: 2 appointments and 5 cessations. The latest: Dinesh Bindal ceased to be Director on 26 Sep 2017.
Frequently asked questions
Ankit Steels is an active private limited company based in Indore, Madhya Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 March 1981 (45+ years old) and is registered under CIN U27108MP1981PTC001742.
Ankit Steels has 2 current directors:
- Ankit Mittal - Director
- Manoj Bhargava - Director
The latest financial statements of Ankit 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 Ankit Steels is 23AADCA6654J1ZO, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AADCA6654J1DX (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ankit Steels is U27108MP1981PTC001742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ankit Steels has 2 court cases on record: 2 filed by the company.
Ankit Steels was incorporated on 19 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ankit Steels by revenue are Arunprabha Enterprises Private Limited, Metallium Impex Private Limited, Ramass International Private Limited, H D S Steel Traders Private Limited, Pahadimata Ispat & Minerals Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Dinesh Bindal ceased to be Director on 26 Sep 2017. Manoj Bhargava was appointed as Director on 26 Sep 2017. Avinash Mapuskar ceased to be Director on 28 Jul 2017. Ankit Steels has 7 board changes on record in total.
The registered office of Ankit Steels is at 88 – Kesara Bazar Indore, Madhya Pradesh, India – 452002.
Ankit Steels operates in the metals and minerals industry, in the metal retail and distribution segment.