About Amalgam Steel Private Limited
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Amalgam Steel Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Energia Steel Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2018PTC227057. Its GSTIN is 19AARCA1293R1ZQ (West Bengal). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2,201.01 Cr and a paid-up capital of ₹193.23 Cr. It is led by directors including Susil Kumar Misra (Whole-Time Director) and Sourav Misra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Avani Signature 6th Floor 91A/1 Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,004.35 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Cr (net margin 0.6%) and EBITDA of ₹74.84 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 34% over five years.
The company has about 327 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Amalgam Steel. As per MCA filings, the company has open charges of ₹564.25 Cr and satisfied charges of ₹953.68 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2,201 Cr; the latest was in December 2023. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Suncity Metals and Tubes Private Limited with revenue of ₹1,024.43 Cr. The company has 13 MSME Form 1 returns on record between 2020 and 2024, listing 55 overdue payments to 29 micro and small suppliers.
For more details, the company can be reached via its website amalgamsteel.com.
Company details
Contact details
Amalgam Steel Private Limited's registered office is in Kolkata, West Bengal. Its website is amalgamsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAvani Signature 6th Floor 91A/1 Park Street, Kolkata, West Bengal, India – 700016
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Amalgam 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
Brands
Amalgam Steel operates one associated brand: Amalgam Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing, including pellets, billets, and sponge iron, along with power generation in India. | amalgamsteel.com |
Business activity
The main business activity of Amalgam Steel 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 Amalgam Steel Private Limited, buy the company report.
Financials of Amalgam Steel Private Limited
FY 2024 filings availableAmalgam Steel Private Limited reported revenue of ₹1,004.35 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹74.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.25 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Amalgam Steel Private Limited, buy the company report.
Board of directors of Amalgam Steel Private Limited
Amalgam Steel has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Amalgam Steel Private Limited 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 |
|---|---|---|---|---|---|---|
| Suncity Metals and Tubes Private Limited | ₹1,024.43 Cr (FY 2025) | 19.0% | Jodhpur, Rajasthan, India | |||
| Shritirupati Steelcast Limited | ₹1,013.68 Cr (FY 2024) | -11.0% | Bangalore, Karnataka, India | |||
| Maruti Ferrous Private Limited | ₹1,005.74 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Amalgam Steel Private Limitedthis company | ₹1,004.35 Cr (FY 2024) | ₹6.25 Cr | 0.6% | -9.0% | 327 | Kolkata, West Bengal, India |
| BST Infratech Limited | ₹1,003.07 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| SBF Ispat Private Limited | ₹995.5 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Gaurang Products Private Limited | ₹990.68 Cr (FY 2025) | 15.0% | Delhi, India |
To see the full peer comparison of Amalgam Steel Private Limited, buy the company report.
Auditor
Amalgam Steel Private Limited is audited by G. P. Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. P. Agrawal & Co. | FY 2023 | 302082E |
Shareholding
The shareholding of Amalgam 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Amalgam Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2024 | 100846700 | Others | ₹44.25 Cr | Open | |
| 26 May 2022 | 100577558 | Axis Bank Limited | ₹63 Cr | Open | |
| 25 May 2022 | 100579881 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 24 May 2022 | 100582902 | Others | ₹145 Cr | Open | |
| 24 May 2022 | 100584108 | Yes Bank Limited | ₹25 Cr | Open |
To see the full charge records of Amalgam Steel Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Amalgam Steel Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2,201 Cr; the latest was in December 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Rights issue | ₹60 Cr | Investors: Energia Steel Private Limited |
| Dec 2023 | Secondary share transfer | Undisclosed | Seller: State Bank Of India, Icici Bank Limited , PUNJAB NATIONAL BANK |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Bank Of Baroda, Srei Infrastructure Finance Limited Seller: DENA BANK, Srei Equipment Finance Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Energia Steel Private Limited Seller: Scavo Steel Private Limited |
| Dec 2018 | Funding round | ₹2,140 Cr | Investors: Energia Steel Private Limited |
To see the full deal history of Amalgam 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
Amalgam Steel Private Limited has 6 court cases on record: 5 filed by Amalgam Steel, 1 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 2 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JHARKHAND | Interim or miscellaneous application | Filed by the company against Adhunik Power and Natural Resources Ltd Through Its Managing Director | Pending |
| High Court, JHARKHAND | Writ petition | Filed by the company against Jharkhand Bijli Vitran Nigam Limited Through Its General Manager (Revenue), and 4 others | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax and Ors | Disposed |
To see the full case history of Amalgam 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.
Credit ratings & regulatory alerts
Amalgam Steel Private Limited was last rated by Icra on 29 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Sep 2021 |
To see the full credit ratings and regulatory alerts of Amalgam Steel Private Limited, buy the company report.
MSME payment delays
Amalgam Steel Private Limited has 13 MSME Form 1 returns on record between 2020 and 2024, listing 55 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Indian Security and Management | |||
| an individual supplier | |||
| Siddhant Engitech Private Limited |
To see the full MSME payment records of Amalgam Steel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Amalgam Steel has 1 subsidiary company and 1 associated 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 |
|---|---|---|
| Vasundhra Resources Limited | U14219WB2008PLC124324 |
To see the full group structure of Amalgam Steel Private Limited, buy the company report.
Employees & EPFO
Amalgam Steel Private Limited has a workforce of 327 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Amalgam Steel has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AARCA1293R1ZQ | West Bengal | Active | 11 Dec 2018 |
| 19AARCA1293R2ZP | West Bengal | Active | 07 Mar 2025 |
| 20AARCA1293R1Z7 | Jharkhand | Active | 05 Dec 2018 |
| 21AARCA1293R1Z5 | Odisha | Active | 03 Jul 2019 |
To see the full GST registrations and return filing status of Amalgam Steel Private Limited, buy the company report.
Recent activity
Amalgam Steel Private Limited has 14 board changes on record since 2018: 8 appointments and 6 cessations. The latest: Prabir Kumar Bhattacharjee ceased to be Additional Director on 29 Sep 2025.
37 earlier events are in the company report.
Frequently asked questions
Amalgam Steel 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 17 July 2018 (8+ years old) and is registered under CIN U27109WB2018PTC227057.
Amalgam Steel has 8 current directors:
- Susil Kumar Misra - Whole-Time Director
- Sourav Misra - Director
- Soham Misra - Director
- Dyapayan Dutta - Director
- Prabir Kumar Bhattacharjee - Director
- Vishal Atha - Director
- Gaurav Atha - Director
- Bharat Atha - Director
The latest financial statements of Amalgam Steel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Amalgam Steel is 19AARCA1293R1ZQ, registered in West Bengal. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 19AARCA1293R2ZP (West Bengal), 20AARCA1293R1Z7 (Jharkhand), 21AARCA1293R1Z5 (Odisha).
The CIN (Corporate Identification Number) of Amalgam Steel is U27109WB2018PTC227057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amalgam Steel has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Amalgam Steel was incorporated on 17 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Amalgam Steel has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2,201 Cr; the latest was in December 2023.
The peers of Amalgam Steel by revenue are Suncity Metals and Tubes Private Limited, Shritirupati Steelcast Limited, Maruti Ferrous Private Limited, BST Infratech Limited, SBF Ispat Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Prabir Kumar Bhattacharjee ceased to be Additional Director on 29 Sep 2025. Prabir Kumar Bhattacharjee was appointed as Director on 01 Apr 2025. Gaurav Atha ceased to be Whole-Time Director on 30 Dec 2020. Amalgam Steel has 14 board changes on record in total.
Amalgam Steel has 13 MSME Form 1 returns on record between 2020 and 2024, listing 55 overdue payments to 29 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Amalgam Steel can be reached through the website amalgamsteel.com. Its registered office is in Kolkata, West Bengal, India.
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