About Aic Iron Industries Private Limited
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Aic Iron Industries Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2003PTC097420. Its GSTIN is 19AACCN0217F1ZV (West Bengal). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20.51 Cr and a paid-up capital of ₹1.35 Cr. It was formerly known as Nutan Iron and Steel Private Limited. It is led by directors including Sheo Pujan Singh and Gyan Adukia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 25 Ganesh Chandra Avenue 4th Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,685.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹55.59 Cr (net margin 2.1%) and EBITDA of ₹251.96 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 68% over five years.
The company has about 861 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,369.4 Cr and satisfied charges of ₹130.94 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 4 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 ultramaxtmt.com.
Company details
Contact details
Aic Iron Industries Private Limited's registered office is in Kolkata, West Bengal. Its website is ultramaxtmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25 Ganesh Chandra Avenue 4th Floor, Kolkata, West Bengal, India – 700013
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Aic Iron Industries 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 Aic Iron Industries is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Aic Iron Industries Private Limited, buy the company report.
Financials of Aic Iron Industries Private Limited
FY 2025 filings availableAic Iron Industries Private Limited reported revenue of ₹2,685.64 Cr (up 427% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 68% over five years, including 427% growth in the latest year. EBITDA rose 735% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,685.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹251.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.59 Cr | ||||
| 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 | |||||
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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 | 9.4% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Aic Iron Industries Private Limited, buy the company report.
Board of directors of Aic Iron Industries Private Limited
Aic Iron Industries has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheo Pujan Singh | Director | 02 Mar 2015 | 11 Years 8 Months | Current |
| Gyan Adukia Also directs: Radhamadhav Spectrum LLP, Taic Iron and Steel Private Limited, Aic Steel Private Limited and 3 more | Director | 07 Feb 2008 | 18 Years 9 Months | Current |
| Dinesh Adukia Also directs: Taic Iron and Steel Private Limited, Aic Steel Private Limited, Aic Metaliks Private Limited and 3 more | Director | 04 Feb 2008 | 18 Years 9 Months | Current |
| Vivek Adukia Also directs: Taic Iron and Steel Private Limited, Aic Steel Private Limited, Aic Metaliks Private Limited and 3 more | Director | 04 Feb 2008 | 18 Years 9 Months | Current |
Auditor
Aic Iron Industries Private Limited is audited by RUNGTA & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUNGTA & CO | FY 2025 | 329110E |
Shareholding
The shareholding of Aic Iron Industries Private 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 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aic Iron Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2025 | 101192930 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 30 Jun 2025 | 101122020 | Others | ₹60 Cr | Open | |
| 28 Jan 2025 | 101050107 | Canara Bank | ₹88 Cr | Open | |
| 27 Sep 2024 | 100991610 | Others | ₹25 Cr | Open | |
| 31 Aug 2024 | 100976175 | Axis Bank Limited | ₹17.08 Lakh | Open |
To see the full charge records of Aic Iron Industries Private Limited, buy the company report.
Total charge records: 62 View all charges
Legal cases
Aic Iron Industries Private Limited has 8 court cases on record: 8 filed by Aic Iron Industries. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 3 | 0 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against Divyam Pipes and Tube Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against Girija Tube Pipes Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against M/S Sarva Mangalam Gajanan Steel Private Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Union of India | Pending |
| Calcutta High Court | Court case (FMA) | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Aic Iron Industries 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.
Credit ratings & regulatory alerts
Aic Iron Industries Private Limited was last rated by Care on 05 May 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 May 2023 |
To see the full credit ratings and regulatory alerts of Aic Iron Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aic Iron Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aic Iron Industries has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Aic Iron Industries Private Limited has a workforce of 861 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 861 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aic Iron Industries Private Limited, buy the company report.
GST
Aic Iron Industries has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCN0217F1ZV | West Bengal | Active | 01 Jul 2017 |
| 19AACCN0217F1D4 | West Bengal | Active | 07 Nov 2024 |
| 06AACCN0217F1Z2 | Haryana | Active | 03 Nov 2025 |
To see the full GST registrations and return filing status of Aic Iron Industries Private Limited, buy the company report.
Recent activity
Aic Iron Industries Private Limited has 9 board changes on record since 2008: 4 appointments and 5 cessations. The latest: Sheo Pujan Singh ceased to be Additional Director on 23 Mar 2023.
95 earlier events are in the company report.
Frequently asked questions
Aic Iron Industries is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 December 2003 (23+ years old) and is registered under CIN U27109WB2003PTC097420.
Aic Iron Industries has 4 current directors:
- Sheo Pujan Singh - Director
- Gyan Adukia - Director
- Dinesh Adukia - Director
- Vivek Adukia - Director
The latest financial statements of Aic Iron Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aic Iron Industries is 19AACCN0217F1ZV, registered in West Bengal. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 19AACCN0217F1D4 (West Bengal), 06AACCN0217F1Z2 (Haryana).
The CIN (Corporate Identification Number) of Aic Iron Industries is U27109WB2003PTC097420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aic Iron Industries has 8 court cases on record: 8 filed by the company. 4 are pending. Most are in the high courts.
Aic Iron Industries was incorporated on 15 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Sheo Pujan Singh ceased to be Additional Director on 23 Mar 2023. Sheo Pujan Singh was appointed as Director on 02 Mar 2015. Amarnath Rajpuria ceased to be Director on 16 Mar 2009. Aic Iron Industries has 9 board changes on record in total.
Aic Iron Industries can be reached through the website ultramaxtmt.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Aic Iron Industries is at 25 Ganesh Chandra Avenue 4th Floor, Kolkata, West Bengal, India – 700013.
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