
Transform Steel Private Limited
About Transform Steel Private Limited
Data last updated:
Transform Steel Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 27 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27320WB2018PTC226776. Its GSTIN is 19AAGCT8289F1ZP (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Dyapayan Dutta and Devendra Kumar Dave.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Avani Signature Unit 401 4th Floor 91A/1 Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,607.63 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹31.06 Cr (net margin 1.9%) and EBITDA of ₹149.89 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
Its group structure includes 1 subsidiary.
Court records list 3 cases involving the company, including 3 filed by the company. The company has 5 deals on record (4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹471.5 Cr; the latest was in January 2025. Its 10 peer companies in the Metals and Minerals industry (Metal Retail and Distribution, Mining, Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Penguin Trading & Agencies Limited with revenue of ₹1,643.25 Cr.
Company details
Contact details
Transform Steel Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressAvani Signature Unit 401 4th Floor 91A/1 Park Street, Kolkata, West Bengal, India – 700016
- IndustryMetals and Minerals, Mining & Mineral Extraction, Steel Manufacturing & Processing
To see the full contact details of Transform Steel 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
Financials of Transform Steel Private Limited
FY 2025 filings availableTransform Steel Private Limited reported revenue of ₹1,607.63 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 22% 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 | ₹149.89 Cr | ||||
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| Net Profit (PAT) | ₹31.06 Cr | ||||
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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 | 9.3% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Transform Steel Private Limited, buy the company report.
Board of directors of Transform Steel Private Limited
Transform Steel 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 |
|---|---|---|---|---|
| Dyapayan Dutta Also directs: North Dhadhu Mining Company Private Limited, Orissa Manganese & Minerals Ltd, Amalgam Resources Private Limited and 5 more | Director | 20 Apr 2024 | 2 Years 6 Months | Current |
| Devendra Kumar Dave Also directs: Amalgam Resources Private Limited, Energia Steel Private Limited, Rasmada Iron & Steel Private Limited and 5 more | Director | 20 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Transform Steel Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Mining, Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Penguin Trading & Agencies Limited | ₹1,643.25 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Abn Trade Link Private Limited | ₹1,640.42 Cr (FY 2016) | 28.0% | Mumbai, Maharashtra, India | |||
| Gagan Ferrotech Limited | ₹1,628.88 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Sponge Sales India Private Limited | ₹1,620.22 Cr (FY 2025) | 19.0% | Delhi, India | |||
| Purple Products Private Limited | ₹1,611.53 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India | |||
| Transform Steel Private Limitedthis company | ₹1,607.63 Cr (FY 2025) | ₹31.06 Cr | 1.9% | -6.0% | Kolkata, West Bengal, India | |
| Mahalaxmi Infracontract Limited | ₹1,605.04 Cr (FY 2025) | -14.0% | Ahmedabad, Gujarat, India | |||
| Raajratna Metal Industries Ltd | ₹1,593.52 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Amalgam Steel & Power Limited | ₹1,588.94 Cr (FY 2024) | 15.0% | Kolkata, West Bengal, India | |||
| Sri Kumaraswamy Mineral Exports Private Limited | ₹1,571.18 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Lloyds Enterprises Limited | ₹1,570.93 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Transform Steel Private Limited, buy the company report.
Auditor
Transform Steel Private Limited is audited by Uttam K. Garg & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Uttam K. Garg & Co. | FY 2022 | 325853E |
Shareholding
The shareholding of Transform Steel Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Transform Steel Private Limited, buy the company report.
Deals & funding
Transform Steel Private Limited has 5 deals on record (4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹471.5 Cr; the latest was in January 2025.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: Narbheram Power and Steel Private Limited Seller: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Ghanashyam Misra Sons Private Limited, Narbheram Power and Steel Private Limited Seller: Srei Equipment Finance Limited , an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Srei Equipment Finance Limited Seller: Ghanashyam Misra Sons Private Limited, Narbheram Power and Steel Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Bhagawati Power and Steel Limited Seller: Ghanashyam Misra Sons Private Limited |
To see the full deal history of Transform Steel 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
Transform Steel Private Limited has 3 court cases on record: 3 filed by Transform Steel. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Arbitration matter | Filed by the company against Srei Equipment Finance Limited and Ors | Disposed |
To see the full case history of Transform Steel 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 Transform Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Transform Steel has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Amalgam Steel & Power Limited | U27104WB2003PLC096616 |
To see the full group structure of Transform Steel Private Limited, buy the company report.
GST
Transform Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCT8289F1ZP | West Bengal | Active | 04 Dec 2018 |
To see the full GST registrations and return filing status of Transform Steel Private Limited, buy the company report.
Recent activity
Transform Steel Private Limited has 7 board changes on record since 2024: 2 appointments and 5 cessations. The latest: Devendra Kumar Dave ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Transform Steel is an active private limited company based in Kolkata, West Bengal, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 27 June 2018 (8+ years old) and is registered under CIN U27320WB2018PTC226776.
Transform Steel has 2 current directors:
- Dyapayan Dutta - Director
- Devendra Kumar Dave - Director
The latest financial statements of Transform Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Transform Steel is 19AAGCT8289F1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Transform Steel is U27320WB2018PTC226776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transform Steel has 3 court cases on record: 3 filed by the company.
Transform Steel was incorporated on 27 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Transform Steel has 5 deals on record (4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹471.5 Cr; the latest was in January 2025.
The peers of Transform Steel by revenue are Penguin Trading & Agencies Limited, Abn Trade Link Private Limited, Gagan Ferrotech Limited, Sponge Sales India Private Limited, Purple Products Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution, Mining, Steel).
Devendra Kumar Dave ceased to be Additional Director on 29 Sep 2024. Dyapayan Dutta ceased to be Additional Director on 29 Sep 2024. Bharat Atha ceased to be Director on 20 Apr 2024. Transform Steel has 7 board changes on record in total.
The registered office of Transform Steel is at Avani Signature Unit 401 4th Floor 91A1 Park Street, Kolkata, West Bengal, India – 700016.

