MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-37-0001270
Ajmera Steels Pvt Ltd
Ajmera Steels Pvt Ltd - metals and minerals in Ratlam, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹110.92 Cr
▲ 32% YoY
Net profit · FY 2025
₹1.02 Cr
Net margin 0.9%
EBITDA · FY 2025
₹4.77 Cr
EBITDA margin 4.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹37.14 Cr
Satisfied ₹34.77 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
70
Provident fund records
About Ajmera Steels Pvt Ltd
Data last updated:
Ajmera Steels Pvt Ltd is a private limited company based in Ratlam, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27101MP1991PTC006763. Its GSTIN is 23AAECA5746Q1ZA (Madhya Pradesh). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Raj Kumar Ajmera and Mahendra Kumar Ajmera.
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 74 – A1 Industrial Estate, Ratlam, Madhya Pradesh, India – 457001.
As per the financials filed for FY 2025, the company reported a revenue of ₹110.92 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 0.9%) and EBITDA of ₹4.77 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 20% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.14 Cr and satisfied charges of ₹34.77 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Ajmera Steels Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-37-0001270). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27101MP1991PTC006763
Registration Number 006763
Incorporation Date 14 November 1991
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-37-0001270
Recognitions & Rankings of Ajmera Steels
Contact details
Ajmera Steels Pvt Ltd's registered office is in Ratlam, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address74 – A1 Industrial Estate, Ratlam, Madhya Pradesh, India – 457001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ajmera Steels Pvt Ltd, buy the company report.
Comprehensive company report
Ajmera Steels Pvt Ltd - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ajmera 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 Ajmera Steels Pvt Ltd, buy the company report.
Financials of Ajmera Steels Pvt Ltd
FY 2025 filings availableAjmera Steels Pvt Ltd reported revenue of ₹110.92 Cr (up 32% YoY) for FY 2025.
Revenue · FY 2025
₹110.92 Cr ▲ 32%
Net profit · FY 2025
₹1.02 Cr margin 0.9%
EBITDA · FY 2025
₹4.77 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 21%
5 years · compounded
▲ 20%
EBITDA CAGR growth
3 years · compounded
▲ 5%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 32% 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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| EBITDA | ₹4.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 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 | 4.3% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ajmera Steels Pvt Ltd, buy the company report.
Board of directors of Ajmera Steels Pvt Ltd
Ajmera Steels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Ajmera | Director | 14 Nov 1991 | 34 Years 11 Months | Current |
| Mahendra Kumar Ajmera | Director | 14 Nov 1991 | 34 Years 11 Months | Current |
Peer comparison
Ajmera Steels Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| R P Recycling Private Limited | ₹112.06 Cr (FY 2025) | -14.0% | Mandi Gobindgarh, Punjab, India | |||
| Kumar Dhubi Steels Private Limited | ₹111.94 Cr (FY 2025) | 25.0% | Dhanbad, Jharkhand, India | |||
| Ajmera Steels Pvt Ltdthis company | ₹110.92 Cr (FY 2025) | ₹1.02 Cr | 0.9% | 32.0% | 70 | Ratlam, Madhya Pradesh, India |
| Renuka Ispat Private Limited | ₹110.91 Cr (FY 2025) | 14.0% | Dhanbad, Jharkhand, India | |||
| Rajrani Steel Casting Private Limited | ₹110.64 Cr (FY 2025) | -17.0% | Nashik, Maharashtra, India | |||
| Zammar Alloys Private Limited | ₹110.64 Cr (FY 2025) | -6.0% | Palakkad, Kerala, India | |||
| Maa Girija Ispat Private Limited | ₹110.17 Cr (FY 2024) | -3.0% | Odisha, India |
To see the full peer comparison of Ajmera Steels Pvt Ltd, buy the company report.
Auditor
Ajmera Steels Pvt Ltd is audited by S.L. CHAPLOT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.L. CHAPLOT & CO | FY 2023 | 003751C |
Shareholding
The shareholding of Ajmera 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajmera Steels Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹37.14 Cr
Satisfied charges
₹34.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2025 | 101163443 | Others | ₹11.7 Lakh | Open | |
| 05 Nov 2008 | 10130180 | Axis Bank Limited | ₹36.52 Cr | Open | |
| 16 Oct 2008 | 10130181 | Axis Bank Limited | ₹50 Lakh | Open | |
| 13 Sep 2017 | 100126032 | Others | ₹9.75 Cr | Satisfied | |
| 07 Dec 2013 | 10469383 | Oriental Bank of Commerce | ₹24.6 Cr | Satisfied |
To see the full charge records of Ajmera Steels Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Ajmera Steels Pvt Ltd has 4 court cases on record: 3 filed by Ajmera Steels, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Steel Authority of India Ltd and Ors | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Steel Authority of India Limited | Pending |
| High Court, GUJARAT | Commercial suit | Filed by the company against Official Liquidator of Mardia Steel Limited (in Liquidation) and 2 others | Disposed |
| High Court, GUJARAT | Court case (OLR) | Filed against the company by O.L of M/S Maradia Steel Ltd. and 3 others | Disposed |
To see the full case history of Ajmera 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 Ajmera Steels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajmera Steels Pvt Ltd has a workforce of 70 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
-14.63%
GST
Ajmera Steels has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECA5746Q1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAECA5746Q1DJ | Madhya Pradesh | Active | 28 Oct 2024 |
| 19AAECA5746Q1ZZ | West Bengal | Active | 01 Jul 2017 |
| 27AAECA5746Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajmera Steels Pvt Ltd, buy the company report.
Recent activity
Ajmera Steels Pvt Ltd has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Gaurav Ajmera ceased to be Director on 22 Oct 2013.
AGM
Ajmera Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101163443 was registered on 27 Aug 2025.
Filing
Ajmera Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Axis Bank Limited of Rs. 36.52 Cr registered on 05 Nov 2008 with Charge ID 10130180 was modified on 20 Feb 2025.
Charges
A charge registered on 13 Sep 2017 via Charge ID 100126032 with Others was fully satisfied on 21 Feb 2019.
Charges
A charge registered on 28 Sep 2006 via Charge ID 10025639 with Madhya Pradesh Financial Corporation was fully satisfied on 20 Sep 2018.
Charges
A charge registered on 02 Sep 2005 via Charge ID 90210711 with M.P. Financial Corporation was fully satisfied on 20 Sep 2018.
Charges
A charge with Others amounted to Rs. 9.75 Cr with Charge ID 100126032 was registered on 13 Sep 2017.
Charges
A charge registered on 28 Jan 1992 via Charge ID 90210373 with Syndicate Bank was fully satisfied on 27 Mar 2017.
Charges
A charge registered on 07 Dec 2013 via Charge ID 10469383 with Oriental Bank Of Commerce was fully satisfied on 25 Nov 2015.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 24.60 Cr with Charge ID 10469383 was registered on 07 Dec 2013.
Ceased
Gaurav Ajmera ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Ajmera Steels is an active private limited company based in Ratlam, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 November 1991 (35+ years old) and is registered under CIN U27101MP1991PTC006763.
Ajmera Steels has 2 current directors:
- Raj Kumar Ajmera - Director
- Mahendra Kumar Ajmera - Director
The latest financial statements of Ajmera 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 Ajmera Steels is 23AAECA5746Q1ZA, registered in Madhya Pradesh. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAECA5746Q1DJ (Madhya Pradesh), 19AAECA5746Q1ZZ (West Bengal), 27AAECA5746Q1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Ajmera Steels is U27101MP1991PTC006763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajmera Steels has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Ajmera Steels was incorporated on 14 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ajmera Steels by revenue are R P Recycling Private Limited, Kumar Dhubi Steels Private Limited, Renuka Ispat Private Limited, Rajrani Steel Casting Private Limited, Zammar Alloys Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Gaurav Ajmera ceased to be Director on 22 Oct 2013. Sushil Kumar Ajmera ceased to be Director on 22 Oct 2013. Mahendra Kumar Ajmera was appointed as Director on 14 Nov 1991. Ajmera Steels has 4 board changes on record in total.
Yes, Ajmera Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-37-0001270).
The registered office of Ajmera Steels is at 74 – A1 Industrial Estate, Ratlam, Madhya Pradesh, India – 457001.