About Arcelormittal Projects India Private Limited
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Arcelormittal Projects India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Arcelormittal Projects Europe B. V.. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 09 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2003PTC140373. Its GSTIN is 27AAECA5521B1Z8 (Maharashtra). The company holds 15 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61.92 Lakh. It was formerly known as Arcelormittal-Stainless International India Private Limited and Arcelormittal-Distribution Solution India Private Limited. It is led by directors including Johannes Frans Nathanael De Schrijiver and Kalyan Ghosh.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.21 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹16.79 Cr (net margin 18.6%) and EBITDA of ₹33.44 Cr (EBITDA margin 37.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 24% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4 Cr on record. Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Cr; the latest was in November 2017. Its 5 peer companies in the Metals and Minerals industry (Machinery and Equipment Leasing, Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 1 smaller; the largest is Devika Ventures and Industries Private Limited with revenue of ₹90.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website projects.arcelormittal.com.
Company details
Name history
Arcelormittal Projects India has undergone 4 name changes throughout its history. The current legal name is Arcelormittal Projects India Private Limited.
| Company Name | Status |
|---|---|
| Arcelormittal Projects India Private Limited | Current |
| Arcelormittal-Stainless International India Private Limited | Previous |
| Arcelormittal-Distribution Solution India Private Limited | Previous |
| Arcelormittal Distribution Solutions India Private Limited | Previous |
| Arcelor Stainless India Private Limited | Previous |
Contact details
Arcelormittal Projects India Private Limited's registered office is in Thane, Maharashtra. Its website is projects.arcelormittal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 202 – A 2nd Floor Dosti Pinnacle Plot No. E – 7 Road No. 22 Wagle Industr, Ial Estate, Thane, Maharashtra, India – 400604
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Arcelormittal Projects India 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 Arcelormittal Projects India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Arcelormittal Projects India Private Limited, buy the company report.
Financials of Arcelormittal Projects India Private Limited
FY 2024 filings availableArcelormittal Projects India Private Limited reported revenue of ₹90.21 Cr (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 61% fall in the latest year. EBITDA fell 29% 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 | ₹33.44 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹16.79 Cr | ||||
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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 | 37.1% | ||||
| Net Profit Margin | 18.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Arcelormittal Projects India Private Limited, buy the company report.
Board of directors of Arcelormittal Projects India Private Limited
Arcelormittal Projects India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Johannes Frans Nathanael De Schrijiver | Director | 22 Mar 2013 | 13 Years 7 Months | Current |
| Kalyan Ghosh | Director | 10 Sep 2014 | 12 Years 1 Months | Current |
| Girish Chander | Director | 11 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Arcelormittal Projects India Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Machinery and Equipment Leasing, 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 |
|---|---|---|---|---|---|---|
| Devika Ventures and Industries Private Limited | ₹90.3 Cr (FY 2024) | -47.0% | Odisha, India | |||
| Tech Nirman Ispat Private Limited | ₹90.29 Cr (FY 2025) | -40.0% | Kolkata, West Bengal, India | |||
| Himgiri Buildcon & Industries Limited | ₹90.22 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Sun-Power Metalics Private Limited | ₹90.22 Cr (FY 2021) | -64.0% | Mumbai, Maharashtra, India | |||
| Arcelormittal Projects India Private Limitedthis company | ₹90.21 Cr (FY 2025) | ₹16.79 Cr | 18.6% | -61.0% | 24 | Thane, Maharashtra, India |
| Globus Metal Trading Private Limited | ₹89.49 Cr (FY 2018) | -56.0% | New Delhi, Delhi, India |
To see the full peer comparison of Arcelormittal Projects India Private Limited, buy the company report.
Auditor
Arcelormittal Projects India Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Arcelormittal Projects India 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 Arcelormittal Projects India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2008 | 10102523 | Societe General | ₹3 Cr | Satisfied | |
| 22 Apr 2004 | 90145145 | Socklete General Maker Chember Tv | ₹1 Cr | Satisfied |
To see the full charge records of Arcelormittal Projects India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Arcelormittal Projects India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Cr; the latest was in November 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Arcelor Foundation Solutions BV & Kalyan Ghosh, Arcelor Foundation Solutions Bv |
| Feb 2012 | Funding round | ₹20 Cr | Investors: Arcelor Foundation Solutions Bv |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: Arcelor Foundation Solutions Bv Seller: Arcelor Stainless International SA |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arcelormittal Projects India Private Limited has 20 court cases on record: 19 filed by Arcelormittal Projects India, 1 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 2 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Noddy Equipments Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against The Indure Pvt.Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against The Indure Pvt.Ltd. and 1 other | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against The Indure Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Noddy Equipments Private Limited | Disposed |
To see the full case history of Arcelormittal Projects India 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
No delayed payments to MSME suppliers are on our record for Arcelormittal Projects India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Arcelormittal Projects India Private Limited has a workforce of 24 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Arcelormittal Projects India has 15 GST registrations: 5 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA5521B1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 27AAECA5521B2Z7 | Maharashtra | Active | 13 Feb 2025 |
| 19AAECA5521B1Z5 | West Bengal | Active | 01 Jul 2017 |
| 33AAECA5521B2ZE | Tamil Nadu | Active | 30 Jul 2021 |
To see the full GST registrations and return filing status of Arcelormittal Projects India Private Limited, buy the company report.
Recent activity
Arcelormittal Projects India Private Limited has 17 board changes on record since 2009: 3 appointments and 14 cessations. The latest: Christophe Paul Claude Jacamon ceased to be Director on 06 Jan 2022.
12 earlier events are in the company report.
News
Frequently asked questions
Arcelormittal Projects India is an active private limited company based in Thane, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 09 May 2003 (23+ years old) and is registered under CIN U51420MH2003PTC140373.
Arcelormittal Projects India has 3 current directors:
- Johannes Frans Nathanael De Schrijiver - Director
- Kalyan Ghosh - Director
- Girish Chander - Director
The latest financial statements of Arcelormittal Projects India 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 Arcelormittal Projects India is 27AAECA5521B1Z8, registered in Maharashtra. The company has 15 GST registrations in all, of which 5 are active and 10 are cancelled or inactive. Other active GSTINs include 27AAECA5521B2Z7 (Maharashtra), 19AAECA5521B1Z5 (West Bengal), 33AAECA5521B2ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Arcelormittal Projects India is U51420MH2003PTC140373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arcelormittal Projects India has 20 court cases on record: 19 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Arcelormittal Projects India was incorporated on 09 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Arcelormittal Projects India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Cr; the latest was in November 2017.
The peers of Arcelormittal Projects India by revenue are Devika Ventures and Industries Private Limited, Tech Nirman Ispat Private Limited, Himgiri Buildcon & Industries Limited, Sun-Power Metalics Private Limited, Globus Metal Trading Private Limited, all in the Metals and Minerals industry (Machinery and Equipment Leasing, Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Christophe Paul Claude Jacamon ceased to be Director on 06 Jan 2022. Girish Chander ceased to be Additional Director on 30 Sep 2016. Girish Chander was appointed as Director on 11 Sep 2016. Arcelormittal Projects India has 17 board changes on record in total.
Arcelormittal Projects India can be reached through the website projects.arcelormittal.com. Its registered office is in Thane, Maharashtra, India.