About Ajay Ingot Rolling Mill Private Limited
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Ajay Ingot Rolling Mill Private Limited is a private limited company based in Raigarh, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27106CT2004PTC016794. Its GSTIN is 22AAFCA9838C1ZV (Chattisgarh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹51.4 Lakh. It is led by directors including Vishnu Jindal and Sanjay Kumar Agrawal.
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 195 O.P.Jindal Industrial Park Village : Punjipatra Post: Samaruma, Raigarh, Chhattisgarh, India – 496111.
As per the financials filed for FY 2025, the company reported a revenue of ₹622.43 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.99 Cr (net margin 1.3%) and EBITDA of ₹22.28 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.94 Cr and satisfied charges of ₹39.68 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it. The company has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹2.82 Cr; the latest was in April 2021. Its 10 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Shubh M L Shah & Sons Steel Private Limited with revenue of ₹634.68 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2023, listing 16 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shubhgoldtmt.com.
Company details
Contact details
Ajay Ingot Rolling Mill Private Limited's registered office is in Raigarh, Chhattisgarh. Its website is shubhgoldtmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address195 O.P.Jindal Industrial Park Village : Punjipatra Post: Samaruma, Raigarh, Chhattisgarh, India – 496111
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ajay Ingot Rolling Mill 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 Ajay Ingot Rolling Mill 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 Ajay Ingot Rolling Mill Private Limited, buy the company report.
Financials of Ajay Ingot Rolling Mill Private Limited
FY 2025 filings availableAjay Ingot Rolling Mill Private Limited reported revenue of ₹622.43 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 3% growth in the latest year. EBITDA fell 3% 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 | ₹22.28 Cr | ||||
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| Net Profit (PAT) | ₹7.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Ajay Ingot Rolling Mill Private Limited, buy the company report.
Board of directors of Ajay Ingot Rolling Mill Private Limited
Ajay Ingot Rolling Mill has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Jindal | Director | 10 Jun 2006 | 20 Years 4 Months | Current |
| Sanjay Kumar Agrawal | Director | 10 Jun 2006 | 20 Years 4 Months | Current |
| Ashish Jindal | Director | 28 Nov 2018 | 7 Years 10 Months | Current |
Peer comparison
Ajay Ingot Rolling Mill Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Shubh M L Shah & Sons Steel Private Limited | ₹634.68 Cr (FY 2025) | 12.0% | Thane, Maharashtra, India | |||
| Satyam Iron & Steel Company Private Limited | ₹630.21 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Rdtmt Steels (India) Private Limited | ₹625.02 Cr (FY 2024) | 14.0% | Bangalore, Karnataka, India | |||
| VSP Udyog Private Limited | ₹622.96 Cr (FY 2023) | 1.0% | Kolkata, West Bengal, India | |||
| Gajanan Iron Private Limited | ₹622.95 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Ajay Ingot Rolling Mill Private Limitedthis company | ₹622.43 Cr (FY 2025) | ₹7.99 Cr | 1.3% | 3.0% | Raigarh, Chhattisgarh, India | |
| Agarwal TMT Industries Private Limited | ₹620.86 Cr (FY 2025) | -11.0% | Ahmedabad, Gujarat, India | |||
| Indus TMT Industries Limited | ₹619.26 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| L&T Special Steels and Heavy Forgings Private Limited | ₹617.85 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Maa Mahamaya Industries Limited | ₹617.62 Cr (FY 2025) | 1.0% | Dhamtari, Chhattisgarh, India | |||
| Neemrana Steel Service Center India Private Limited | ₹616.96 Cr (FY 2025) | 26.0% | Neemrana, Rajasthan, India |
To see the full peer comparison of Ajay Ingot Rolling Mill Private Limited, buy the company report.
Auditor
Ajay Ingot Rolling Mill Private Limited is audited by AGRAWAL R K & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL R K & CO | FY 2023 | 022324C |
Shareholding
The shareholding of Ajay Ingot Rolling Mill 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 Ajay Ingot Rolling Mill Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100970628 | Others | ₹4.4 Cr | Open | |
| 24 Feb 2023 | 100700704 | Others | ₹24 Lakh | Open | |
| 13 Feb 2023 | 100700705 | Others | ₹9 Lakh | Open | |
| 30 Dec 2022 | 100666582 | Others | ₹47.04 Cr | Open | |
| 11 Dec 2020 | 100405529 | Others | ₹17.47 Lakh | Open |
To see the full charge records of Ajay Ingot Rolling Mill Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Ajay Ingot Rolling Mill Private Limited has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹2.82 Cr; the latest was in April 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: Nanak Chand Agrawal & Sons, 3 individuals Seller: Rakesh Jindal & Sons, 3 individuals |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Vishnu Jindal & Sons, 3 individuals Seller: Sudhir Gupta & Family HUF, Raj Kumar Agrawal & Family HUF, 2 individuals |
| Mar 2014 | Funding round | ₹63.9 Lakh | Investors: Siddharth Fininvest Leasing Private Limited , Sudhir Gupta & Family HUF, 2 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Manish Ispat Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Shri Nirmalanand Steels Casting Private Limited, Manish Ispat Private Limited Seller: Uplink Vyapaar Private Limited , Axiom Goods Private Limited , Trustworthy Viniyog Private Limited |
To see the full deal history of Ajay Ingot Rolling Mill 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
Ajay Ingot Rolling Mill Private Limited has 6 court cases on record: 2 filed by Ajay Ingot Rolling Mill, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Writ petition | Filed by the company against Jindal Steel and Power Limited and 3 others | Disposed |
| High Court, CHHATTISGARH | Court case (MCC) | Filed against the company by Jindal Steel and Power Ltd. | Disposed |
| High Court, CHHATTISGARH | Writ petition | Filed against the company by Jindal Steel and Power Ltd, | Disposed |
| High Court | Writ petition | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Chhattisgarh State Electricity Regulatory Commission Secretary Irrigation Colony, Shanti Nagar , District: Raipur , , Chhattisgarh | Disposed |
To see the full case history of Ajay Ingot Rolling Mill 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
Ajay Ingot Rolling Mill Private Limited was last rated by Care on 13 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Sep 2022 |
To see the full credit ratings and regulatory alerts of Ajay Ingot Rolling Mill Private Limited, buy the company report.
MSME payment delays
Ajay Ingot Rolling Mill Private Limited has 4 MSME Form 1 returns on record between 2020 and 2023, listing 16 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ajay Ingot Rolling Mill Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ajay Ingot Rolling Mill has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAFCA9838C1ZV | Chattisgarh | Active | 01 Jul 2017 |
| 22AAFCA9838C2ZU | Chattisgarh | Active | 20 Jul 2022 |
| 22AAFCA9838C1D4 | Chattisgarh | Active | 06 Nov 2024 |
To see the full GST registrations and return filing status of Ajay Ingot Rolling Mill Private Limited, buy the company report.
Recent activity
Ajay Ingot Rolling Mill Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Ashish Jindal was appointed as Director on 28 Nov 2018.
13 earlier events are in the company report.
Frequently asked questions
Ajay Ingot Rolling Mill is an active private limited company based in Raigarh, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 July 2004 (22+ years old) and is registered under CIN U27106CT2004PTC016794.
Ajay Ingot Rolling Mill has 3 current directors:
- Vishnu Jindal - Director
- Sanjay Kumar Agrawal - Director
- Ashish Jindal - Director
The latest financial statements of Ajay Ingot Rolling Mill 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 Ajay Ingot Rolling Mill is 22AAFCA9838C1ZV, registered in Chattisgarh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 22AAFCA9838C2ZU (Chattisgarh), 22AAFCA9838C1D4 (Chattisgarh).
The CIN (Corporate Identification Number) of Ajay Ingot Rolling Mill is U27106CT2004PTC016794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajay Ingot Rolling Mill has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Ajay Ingot Rolling Mill was incorporated on 28 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Ajay Ingot Rolling Mill has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹2.82 Cr; the latest was in April 2021.
The peers of Ajay Ingot Rolling Mill by revenue are Shubh M L Shah & Sons Steel Private Limited, Satyam Iron & Steel Company Private Limited, Rdtmt Steels (India) Private Limited, VSP Udyog Private Limited, Gajanan Iron Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ashish Jindal was appointed as Director on 28 Nov 2018. Kishan Agrawal ceased to be Director on 01 Jan 2007. Sanjay Kumar Agrawal was appointed as Director on 10 Jun 2006. Ajay Ingot Rolling Mill has 4 board changes on record in total.
Ajay Ingot Rolling Mill has 4 MSME Form 1 returns on record between 2020 and 2023, listing 16 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Ajay Ingot Rolling Mill can be reached through the website shubhgoldtmt.com. Its registered office is in Raigarh, Chhattisgarh, India.