MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0112093
A.Navinchandra Steels Private Limited - metals and minerals in Panvel, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.02 Lakh
▼ 23% YoY
Net loss · FY 2025
₹3.81 Lakh
Net margin -75.9%
EBITDA · FY 2025
₹69,000
EBITDA margin 13.7%
Authorised capital
₹13.77 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹65 Cr
Satisfied ₹101.45 Cr
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings
About A.Navinchandra Steels Private Limited
Data last updated:
A.Navinchandra Steels Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 30 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2000PTC127487. Its GSTIN is 27AAECA1443N1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹13.77 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as A.Navinchandra Steels Limited. It is led by directors Alpesh Navinchandra Gosalia (Managing Director) and Rita Alpesh Gosalia.
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 741/B Navin Vasahat Panvel, Maharashtra, India – 410208.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.02 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹3.81 Lakh (net margin -75.9%) and EBITDA of ₹69,000 (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 76% over five years.
As per MCA filings, the company has open charges of ₹65 Cr and satisfied charges of ₹101.45 Cr on record. Court records list 76 cases involving the company, including 70 filed by the company and 6 filed against it; 13 cases are pending.
A.Navinchandra Steels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0112093). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ansteels.com.
Company details
CIN U51420MH2000PTC127487
Registration Number 127487
Incorporation Date 30 June 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0112093
CIN history
A.Navinchandra Steels has one previous CIN (Corporate Identification Number): U51420MH2000PLC127487. The current CIN is U51420MH2000PTC127487, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51420MH2000PTC127487 | Current |
| U51420MH2000PLC127487 | Previous |
Recognitions & Rankings of A.Navinchandra Steels
Contact details
A.Navinchandra Steels Private Limited's registered office is in Panvel, Maharashtra. Its website is ansteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address741/B Navin Vasahat Panvel, Maharashtra, India – 410208
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of A.Navinchandra Steels Private Limited, buy the company report.
Comprehensive company report
A.Navinchandra Steels Private Limited - 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
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Financials of A.Navinchandra Steels Private Limited
FY 2024 filings availableA.Navinchandra Steels Private Limited reported revenue of ₹5.02 Lakh (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹5.02 Lakh ▼ 23%
Net loss · FY 2025
₹3.81 Lakh margin -75.9%
EBITDA · FY 2025
₹69,000 margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 43%
5 years · compounded
▼ 76%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 26%
5 years · compounded
▼ 67%
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years, including a 23% fall in the latest year. EBITDA fell 64% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.81 Lakh | ||||
| 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 | |||||
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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 | 13.7% | ||||
| Net Profit Margin | -75.9% | ||||
| 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 A.Navinchandra Steels Private Limited, buy the company report.
Board of directors of A.Navinchandra Steels Private Limited
A.Navinchandra Steels has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rita Alpesh Gosalia Also directs: Akai Steels Private Limited | Director | 10 Mar 2007 | 19 Years 7 Months | Current |
| Alpesh Navinchandra Gosalia Also directs: Akai Steels Private Limited | Managing Director | 30 Jun 2000 | 26 Years 3 Months | Current |
Peer comparison
A.Navinchandra Steels Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ayen Ispat Private Limited | ₹5.1 Lakh (FY 2024) | 129.0% | Chennai, Tamil Nadu, India | |||
| Rajputana Steel Distribution Private Limited | ₹5.03 Lakh (FY 2025) | 32.0% | Jogeshwari East, Maharashtra, India | |||
| A.Navinchandra Steels Private Limitedthis company | ₹5.02 Lakh (FY 2025) | -₹3.81 Lakh | -75.9% | -23.0% | Panvel, Maharashtra, India | |
| Shri Dadu Dayal Metals Private Limited | ₹5.02 Lakh (FY 2025) | 0.0% | Raigarh, Chhattisgarh, India | |||
| Sushmita Mercantile Private Limited | ₹5.01 Lakh (FY 2025) | Navi Mumbai, Maharashtra, India | ||||
| Soham Synthetics Private Limited | ₹5.01 Lakh (FY 2025) | -5.0% | Surat, Gujarat, India | |||
| Emperor Buildcon Private Limited | ₹4.98 Lakh (FY 2025) | 0.0% | Rourkela, Odisha, India |
To see the full peer comparison of A.Navinchandra Steels Private Limited, buy the company report.
Auditor
A.Navinchandra Steels Private Limited is audited by S M Bhat & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M Bhat & Associates | FY 2023 | 0131347W |
Shareholding
The shareholding of A.Navinchandra Steels 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 A.Navinchandra Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹65 Cr
Satisfied charges
₹101.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2016 | 100041669 | Abhyudaya Co-Operative Bank Limited | ₹15 Cr | Open | |
| 08 Jul 2016 | 100038004 | Others | ₹15 Cr | Open | |
| 15 Nov 2001 | 90147809 | Abhyudaya Co-Operative Bank Limited | ₹35 Cr | Open | |
| 20 Feb 2016 | 10624902 | Punjab National Bank | ₹80 Lakh | Satisfied | |
| 19 May 2012 | 10358395 | Yes Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of A.Navinchandra Steels Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
A.Navinchandra Steels Private Limited has 76 court cases on record: 70 filed by A.Navinchandra Steels, 6 filed against it. 13 cases are pending and 63 are disposed.
Total cases
76
Filed by the company
70
Filed against the company
6
Pending
13
Disposed
63
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 3 | 1 |
| High courts | 29 | 1 | 10 |
| Supreme Court | 8 | 2 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Action Barter Pvt. Ltd. and 2 others | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Honest Shelters Pvt Ltd. Palais Royale, Ganpatrao Kadam Marg, Lower Parel, Worli ,Mumbai , Maharashtra | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Action Barter Private Limited and Anr | Pending |
| Bombay High Court | Appeal | Filed by the company against Shree Ram Urban Infrastructure Ltd. and Another and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (RPC) | Filed by the company against Action Barter Pvt Ltd and 2 others | Disposed |
To see the full case history of A.Navinchandra Steels 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
A.Navinchandra Steels Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 40 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vichare Express & Logistics Private Limited | |||
| an individual supplier |
To see the full MSME payment records of A.Navinchandra Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
A.Navinchandra Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA1443N1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of A.Navinchandra Steels Private Limited, buy the company report.
Recent activity
A.Navinchandra Steels Private Limited has 12 board changes on record since 2000: 2 appointments and 10 cessations. The latest: Alpesh Navinchandra Gosalia ceased to be Managing Director on 01 Jan 2022.
AGM
A.Navinchandra Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
A.Navinchandra Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Alpesh Navinchandra Gosalia ceased to be Managing Director.
Charges
A charge with Abhyudaya Co-Operative Bank Limited of Rs. 15.00 Cr registered on 12 Jul 2016 with Charge ID 100041669 was modified on 27 Oct 2017.
Ceased
Rita Alpesh Gosalia ceased to be Managing Director.
Charges
A charge with Abhyudaya Co-Operative Bank Limited of Rs. 35.00 Cr registered on 15 Nov 2001 with Charge ID 90147809 was modified on 08 Aug 2017.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100041669 was registered on 12 Jul 2016.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100038004 was registered on 08 Jul 2016.
Charges
A charge registered on 20 Feb 2016 via Charge ID 10624902 with Punjab National Bank was fully satisfied on 15 Jun 2016.
Charges
A charge registered on 05 Mar 2011 via Charge ID 10274154 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 14 Mar 2016.
Charges
A charge registered on 31 Jan 2011 via Charge ID 10271829 with Abhyudaya Co-Op. Bank Ltd was fully satisfied on 14 Mar 2016.
Charges
A charge with Punjab National Bank amounted to Rs. 0.80 Cr with Charge ID 10624902 was registered on 20 Feb 2016.
22 earlier events are in the company report.
Frequently asked questions
A.Navinchandra Steels is an active private limited company based in Panvel, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 30 June 2000 (26+ years old) and is registered under CIN U51420MH2000PTC127487.
A.Navinchandra Steels has 2 current directors:
- Alpesh Navinchandra Gosalia - Managing Director
- Rita Alpesh Gosalia - Director
The latest financial statements of A.Navinchandra Steels 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 2015 are in the company report.
The GSTIN of A.Navinchandra Steels is 27AAECA1443N1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of A.Navinchandra Steels is U51420MH2000PTC127487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A.Navinchandra Steels has 76 court cases on record: 70 filed by the company and 6 filed against it. 13 are pending. Most are in the district courts.
A.Navinchandra Steels was incorporated on 30 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of A.Navinchandra Steels by revenue are Ayen Ispat Private Limited, Rajputana Steel Distribution Private Limited, Shri Dadu Dayal Metals Private Limited, Sushmita Mercantile Private Limited, Soham Synthetics Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Alpesh Navinchandra Gosalia ceased to be Managing Director on 01 Jan 2022. Rita Alpesh Gosalia ceased to be Managing Director on 04 Sep 2017. Hareshkumar Babulal Soni ceased to be Director on 18 Nov 2013. A.Navinchandra Steels has 12 board changes on record in total.
Yes, A.Navinchandra Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0112093).
A.Navinchandra Steels has 16 MSME Form 1 returns on record between 2019 and 2024, listing 40 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Apr 2024.
A.Navinchandra Steels can be reached through the website ansteels.com. Its registered office is in Panvel, Maharashtra, India.