About Arjas Modern Steel Private Limited
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Arjas Modern Steel Private Limited is a private limited company based in Mandi Gobindgarh, Punjab, India, a subsidiary of Arjas Steel Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27205PB2020PTC052289. Its GSTIN is 03AAUCA3808M1ZD (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Visweswaran Ramaswamy (Managing Director) and Sridhar Krishnamoorthy.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G T Road, Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2025, the company reported a revenue of ₹601.44 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹38.71 Cr (net margin -6.4%) and EBITDA of ₹9.54 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company has about 621 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹274.5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2022. Its 5 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 2 smaller; the largest is Sri Langta Baba Steels Private Limited with revenue of ₹610.65 Cr. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 61 overdue payments to 30 micro and small suppliers.
For more details, the company can be reached via its website arjas.com.
Company details
Contact details
Arjas Modern Steel Private Limited's registered office is in Mandi Gobindgarh, Punjab. Its website is arjas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG T Road, Mandi Gobindgarh, Punjab, India – 147301
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Arjas Modern 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 Arjas Modern 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 Arjas Modern Steel Private Limited, buy the company report.
Financials of Arjas Modern Steel Private Limited
FY 2025 filings availableArjas Modern Steel Private Limited reported revenue of ₹601.44 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years, including 1% growth in the latest year. EBITDA fell 69% 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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| Total Expenses | |||||
| EBITDA | ₹9.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.71 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 | 1.6% | ||||
| Net Profit Margin | -6.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Arjas Modern Steel Private Limited, buy the company report.
Board of directors of Arjas Modern Steel Private Limited
Arjas Modern Steel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryaprabha Ajai Ghorpade Also directs: Sandur Hatcheries Private Limited, Skand Private Limited | Additional Director | 09 May 2025 | 1 Years 6 Months | Current |
| Visweswaran Ramaswamy | Managing Director | 12 Nov 2020 | 6 Years 0 Months | Current |
| Sridhar Krishnamoorthy Also directs: Sridesh Ventures LLP, Handpicked Stays and Travels Private Limited, Yuyi Stays and Travels Private Limited and 1 more | Director | 12 Nov 2020 | 6 Years 0 Months | Current |
Peer comparison
Arjas Modern Steel Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Sri Langta Baba Steels Private Limited | ₹610.65 Cr (FY 2025) | 18.0% | Giridih, Jharkhand, India | |||
| Rashi Steel and Power Limited | ₹607.4 Cr (FY 2025) | 35.0% | Bilaspur, Chhattisgarh, India | |||
| Manbhum Ispat Private Limited | ₹606.03 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Arjas Modern Steel Private Limitedthis company | ₹601.44 Cr (FY 2025) | -₹38.71 Cr | -6.4% | 1.0% | 621 | Mandi Gobindgarh, Punjab, India |
| Agrawal Channel Mills Pvt. Ltd | ₹600.87 Cr (FY 2025) | 1.0% | Raipur, Chhattisgarh, India | |||
| Neelkamal Steels Private Limited | ₹599.21 Cr (FY 2025) | -6.0% | Patna, Bihar, India |
To see the full peer comparison of Arjas Modern Steel Private Limited, buy the company report.
Auditor
Arjas Modern Steel Private Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W / W-100022 |
Shareholding
The shareholding of Arjas Modern Steel Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Arjas Modern Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2021 | 100520060 | Others | ₹100 Cr | Open | |
| 26 Mar 2021 | 100477485 | Others | ₹174.5 Cr | Open |
To see the full charge records of Arjas Modern Steel Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Arjas Modern Steel Private Limited has 1 deal on record (1 acquisition); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Acquisition | ₹15 Cr | Buyer: Arjas Steel Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arjas Modern Steel Private Limited has 4 court cases on record: 1 filed by Arjas Modern Steel, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by an individual | Pending |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company | Pending |
| High Court of Punjab and Haryana | Appeal | Filed by the company against Punjab State Electricity Board and Others | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Arjas Modern 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
Arjas Modern Steel Private Limited was last rated by Indiarating on 06 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 06 Mar 2023 |
To see the full credit ratings and regulatory alerts of Arjas Modern Steel Private Limited, buy the company report.
MSME payment delays
Arjas Modern Steel Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 61 overdue payments to 30 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 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Laxmi Associates | |||
| an individual supplier | |||
| Esafe Hi-Tech Solutions | |||
| Elco Metachem Private Limited | |||
| Happy Visitors Esolutions Private Limited |
To see the full MSME payment records of Arjas Modern Steel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Arjas Modern Steel Private Limited has a workforce of 621 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 621 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Arjas Modern Steel Private Limited, buy the company report.
GST
Arjas Modern Steel has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAUCA3808M1ZD | Punjab | Active | 23 Apr 2021 |
| 03AAUCA3808M1DM | Punjab | Active | 05 Nov 2024 |
To see the full GST registrations and return filing status of Arjas Modern Steel Private Limited, buy the company report.
Recent activity
Arjas Modern Steel Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Suryaprabha Ajai Ghorpade was appointed as Additional Director on 09 May 2025.
News
Frequently asked questions
Arjas Modern Steel is an active private limited company based in Mandi Gobindgarh, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 November 2020 (6+ years old) and is registered under CIN U27205PB2020PTC052289.
Arjas Modern Steel has 3 current directors:
- Visweswaran Ramaswamy - Managing Director
- Suryaprabha Ajai Ghorpade - Additional Director
- Sridhar Krishnamoorthy - Director
The latest financial statements of Arjas Modern Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Arjas Modern Steel is 03AAUCA3808M1ZD, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAUCA3808M1DM (Punjab).
The CIN (Corporate Identification Number) of Arjas Modern Steel is U27205PB2020PTC052289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arjas Modern Steel has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Arjas Modern Steel was incorporated on 12 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Arjas Modern Steel has 1 deal on record (1 acquisition); the latest was in March 2022.
The peers of Arjas Modern Steel by revenue are Sri Langta Baba Steels Private Limited, Rashi Steel and Power Limited, Manbhum Ispat Private Limited, Agrawal Channel Mills Pvt. Ltd, Neelkamal Steels Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Suryaprabha Ajai Ghorpade was appointed as Additional Director on 09 May 2025. Visweswaran Ramaswamy ceased to be Director on 14 Nov 2020. Sridhar Krishnamoorthy was appointed as Director on 12 Nov 2020. Arjas Modern Steel has 4 board changes on record in total.
Arjas Modern Steel has 5 MSME Form 1 returns on record between 2023 and 2024, listing 61 overdue payments to 30 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Arjas Modern Steel can be reached through the website arjas.com. Its registered office is in Mandi Gobindgarh, Punjab, India.
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