About Ardent Steel Private Limited
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Ardent Steel Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27310CT2007PTC007671. Its GSTIN is 21AAGCA3302G1ZH (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹7.92 Cr. It was formerly known as Ardent Steel Limited. It is led by directors including Anand Poddar (Whole-Time Director) and Kumar Agrawal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 9 Hira Arcade Near New Bus Stand Pandri, Raipur, Chhattisgarh, India – 492004.
As per the financials filed for FY 2025, the company reported a revenue of ₹487.55 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹21.78 Cr (net margin 4.5%) and EBITDA of ₹53.95 Cr (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company has about 364 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹47.87 Cr and satisfied charges of ₹738.73 Cr on record. Court records list 26 cases involving the company, including 17 filed by the company and 9 filed against it; 4 cases are pending. The company has 23 deals on record (19 secondary share transfers, 4 funding rounds), with disclosed funding of ₹62.34 Cr; the latest was in March 2024. Its 9 peer companies in the Metals and Minerals industry (Other Minerals, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Nirman Infra-Steel Private Limited with revenue of ₹491.65 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 ardentsteel.com.
Company details
CIN history
Ardent Steel has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27310CT2007PTC007671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310CT2007PTC007671 | Current |
| U27310CT2007PLC007671 | Previous |
| U27310DL2007PLC162751 | Previous |
| U27310MH2007PLC194166 | Previous |
Contact details
Ardent Steel Private Limited's registered office is in Raipur, Chhattisgarh. Its website is ardentsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 9 Hira Arcade Near New Bus Stand Pandri, Raipur, Chhattisgarh, India – 492004
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ardent 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
Business activity
The main business activity of Ardent 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 Ardent Steel Private Limited, buy the company report.
Financials of Ardent Steel Private Limited
FY 2025 filings availableArdent Steel Private Limited reported revenue of ₹487.55 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 7% fall in the latest year. EBITDA fell 10% 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 | ₹53.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.78 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 | 11.1% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ardent Steel Private Limited, buy the company report.
Board of directors and KMP of Ardent Steel Private Limited
Ardent Steel Private Limited currently reports 6 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Bothra | Director | 21 May 2012 | 14 Years 5 Months | Current |
| Shyam Sundar Poddar | Director | 12 Jan 2021 | 5 Years 9 Months | Current |
| Rishi Dave | Company Secretary | 01 May 2015 | 11 Years 6 Months | Current |
| Anand Poddar Also directs: J P Ferrous Limited, S D R Exports Pvt Ltd, Chandaneswar Enterprises Limited and 5 more | Whole-Time Director | 12 Jan 2021 | 5 Years 9 Months | Current |
| Kumar Agrawal Also directs: Kavish Buildcon LLP, Kumar Homes India Private Limited, Avaanya Business Ventures Private Limited and 2 more | Whole-Time Director | 10 Aug 2019 | 7 Years 2 Months | Current |
| Sanjay Gupta Also directs: HK Star Metallics LLP, Ardent Ferrous Minerals Private Limited, Finember Services Private Limited and 3 more | Whole-Time Director | 30 Apr 2007 | 19 Years 6 Months | Current |
Peer comparison
Ardent Steel Private Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Other Minerals, 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 |
|---|---|---|---|---|---|---|
| Nirman Infra-Steel Private Limited | ₹491.65 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| Shree Sidhbali Steels Private Limited | ₹491.41 Cr (FY 2025) | 2256.0% | Kotdwara, Uttarakhand, India | |||
| Gopani Iron and Power (India) Private Limited | ₹489.09 Cr (FY 2025) | -4.0% | Dist: Chanderpur, Maharashtra, India | |||
| Best Steel Solutions Private Limited | ₹488.47 Cr (FY 2025) | 43.0% | Delhi, India | |||
| Navkaar Ispat Limited | ₹488.15 Cr (FY 2025) | -12.0% | Kutch, Gujarat, India | |||
| Ardent Steel Private Limitedthis company | ₹487.55 Cr (FY 2025) | ₹21.78 Cr | 4.5% | -7.0% | 364 | Raipur, Chhattisgarh, India |
| Viki Industries Private Limited | ₹486.26 Cr (FY 2022) | 61.0% | Chennai, Tamil Nadu, India | |||
| Pilania Industries India Private Limited | ₹484.04 Cr (FY 2025) | 14.0% | Durg, Chhattisgarh, India | |||
| Ganraj Ispat Private Limited | ₹481.41 Cr (FY 2025) | -9.0% | Ahmednagar, Maharashtra, India | |||
| As R Multimetals Private Limited (TR Co) | ₹478.92 Cr (FY 2024) | -13.0% | Kutchh, Gujarat, India |
To see the full peer comparison of Ardent Steel Private Limited, buy the company report.
Auditor
Ardent Steel Private Limited is audited by Singhi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2023 | 302049E |
Shareholding
The shareholding of Ardent Steel 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 Ardent Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2025 | 101199005 | Others | ₹25 Cr | Open | |
| 31 Aug 2024 | 100981974 | Hdfc Bank Limited | ₹99.5 Lakh | Open | |
| 30 Dec 2023 | 100844117 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 06 Feb 2023 | 100696496 | State Bank of India | ₹1.87 Cr | Open | |
| 23 Mar 2021 | 100437684 | Axis Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Ardent Steel Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Ardent Steel Private Limited has 23 deals on record (19 secondary share transfers, 4 funding rounds), with disclosed funding of ₹62.34 Cr; the latest was in March 2024.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Hedone Designs Private Limited, an individual Seller: Aag Steels Private Limited , Maharathi Steel Private Limited , Real Farm Infrastructure Pvt Ltd, an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Transtek Coal & Minerals Private Limited , an individual Seller: Hira Energy Limited , Godawari Power and Ispat Limited , an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Hira Energy Limited , an individual Seller: Alok Ferro Alloys Limited , 3 individuals |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Transtek Coal & Minerals Private Limited Seller: Alok Ferro Alloys Limited , Godawari Power and Ispat Limited |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Alok Ferro Alloys Limited Seller: Maharathi Steel Private Limited |
To see the full deal history of Ardent 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
Ardent Steel Private Limited has 26 court cases on record: 17 filed by Ardent Steel, 9 filed against it. 4 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 4 | 4 |
| District courts | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against Indian Oil Corporation Ltd. and 1 other | Pending |
| High Court | Writ petition | Filed by the company against State of Orissa | Pending |
| High Court | Writ petition | Filed by the company against State | Pending |
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax (Central ) 2 | Disposed |
| High Court | Appeal | Filed against the company by Assistant Commissioner of Income Tax (Central)-2, and 1 other | Disposed |
To see the full case history of Ardent 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ardent Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ardent Steel has 1 subsidiary 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 |
|---|---|---|
| Hira Energy Limited | U40107CT2003PLC015542 |
To see the full group structure of Ardent Steel Private Limited, buy the company report.
Employees & EPFO
Ardent Steel Private Limited has a workforce of 364 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Ardent Steel has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCA3302G1ZH | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ardent Steel Private Limited, buy the company report.
Recent activity
Ardent Steel Private Limited has 21 board changes on record since 2007: 7 appointments and 14 cessations. The latest: Dinesh Kumar Gandhi ceased to be Director on 09 May 2022.
64 earlier events are in the company report.
Frequently asked questions
Ardent Steel is an active private limited company based in Raipur, Chhattisgarh, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 April 2007 (19+ years old) and is registered under CIN U27310CT2007PTC007671.
Ardent Steel has 7 current directors and KMP:
- Anand Poddar - Whole-Time Director
- Kumar Agrawal - Whole-Time Director
- Sanjay Gupta - Whole-Time Director
- Subhasish Das - Whole-Time Director
- Sanjay Bothra - Director
- Shyam Sundar Poddar - Director
- Rishi Dave - Company Secretary
The latest financial statements of Ardent Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ardent Steel is 21AAGCA3302G1ZH, registered in Odisha. 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 Ardent Steel is U27310CT2007PTC007671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ardent Steel has 26 court cases on record: 17 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Ardent Steel was incorporated on 30 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Ardent Steel has 23 deals on record (19 secondary share transfers, 4 funding rounds), with disclosed funding of ₹62.34 Cr; the latest was in March 2024.
The peers of Ardent Steel by revenue are Nirman Infra-Steel Private Limited, Shree Sidhbali Steels Private Limited, Gopani Iron and Power (India) Private Limited, Best Steel Solutions Private Limited, Navkaar Ispat Limited and 4 more, all in the Metals and Minerals industry (Other Minerals, Steel), with the same principal business activity (metal and metal products).
Dinesh Kumar Gandhi ceased to be Director on 09 May 2022. Bhrigu Nath Ojha ceased to be Director on 22 Jul 2021. Missbhavna Govindbhai Desai ceased to be Director on 22 Jul 2021. Ardent Steel has 21 board changes on record in total.
Ardent Steel can be reached through the website ardentsteel.com. Its registered office is in Raipur, Chhattisgarh, India.
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