Asharfi Steels Private Limited
About Asharfi Steels Private Limited
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Asharfi Steels Private Limited is a private limited company based in Muzaffarnagar, Uttar Pradesh, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 04 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U27310UP1985PTC007370.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Rakesh Kumar Arora and Praveen Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 17 – 1 Katra Sayya Danghass Mandi Muzaffar Nagar, Muzaffarnagar, Uttar Pradesh, India – 251001.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.84 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹74,491 (net margin 3.8%) and EBITDA of ₹88,260 (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹1.26 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asharfi Steels Private Limited's registered office is in Muzaffarnagar, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17 – 1 Katra Sayya Danghass Mandi Muzaffar Nagar, Muzaffarnagar, Uttar Pradesh, India – 251001
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Asharfi Steels 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 Asharfi Steels 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 Asharfi Steels Private Limited, buy the company report.
Financials of Asharfi Steels Private Limited
FY 2025 filings availableAsharfi Steels Private Limited reported revenue of ₹19.84 Lakh (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 19% growth in the latest year. EBITDA rose 21% 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 | ₹88,260 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹74,491 | ||||
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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 | 4.4% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Asharfi Steels Private Limited, buy the company report.
Board of directors of Asharfi Steels Private Limited
Asharfi Steels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Arora | Director | 25 Aug 2005 | 21 Years 1 Months | Current |
| Praveen Kumar Jain Also directs: Shree Paras Nath Steel Pipe Inds Private Limited, Numax Lutyens LLP, Numax Green Homes LLP and 1 more | Director | 29 Oct 2014 | 11 Years 11 Months | Current |
| Pankaj Kumar Jain Also directs: Shree Paras Nath Steel Pipe Inds Private Limited | Director | 20 Jun 1996 | 30 Years 4 Months | Current |
Peer comparison
Asharfi Steels Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Aditya Udyog Heatxchanger Private Limited | ₹19.96 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Steelmax Alloys Limited | ₹19.93 Lakh (FY 2024) | -100.0% | Palakkad, Kerala, India | |||
| Sri Raghavendra Pressure Vessels Private Limited | ₹19.9 Lakh (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Continental Caps and Corks Private Limited | ₹19.86 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Projexel Engineering and Construction India Private Limited | ₹19.85 Lakh (FY 2024) | -10.0% | Chennai, Tamil Nadu, India | |||
| Asharfi Steels Private Limitedthis company | ₹19.84 Lakh (FY 2025) | ₹74,491 | 3.8% | 19.0% | Muzaffarnagar, Uttar Pradesh, India | |
| Shree Paras Nath Steel Pipe Inds Private Limited | ₹19.84 Lakh (FY 2025) | 11.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Miracle Foils Private Limited | ₹19.81 Lakh (FY 2025) | -15.0% | Ahmedabad, Gujarat, India | |||
| Anu Worles Tech Private Limited | ₹19.78 Lakh (FY 2024) | 26.0% | Delhi, India | |||
| Cnvmac Engineering India Private Limited | ₹19.77 Lakh (FY 2024) | 65.0% | Thane, Maharashtra, India | |||
| Vinayaka Modern Metaltech Private Limited | ₹19.75 Lakh (FY 2025) | -24.0% | Ottappalam, Kerala, India |
To see the full peer comparison of Asharfi Steels Private Limited, buy the company report.
Auditor
Asharfi Steels Private Limited is audited by GUPTA TAYAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA TAYAL & ASSOCIATES | FY 2017 | 011268N |
Shareholding
The shareholding of Asharfi Steels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asharfi Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 1981 | 90268162 | State Bank of India | ₹25 Lakh | Open | |
| 06 Nov 1995 | 90268957 | U.P. Financial Corporation | ₹30 Lakh | Satisfied | |
| 29 Oct 1993 | 90270163 | State Bank of India | ₹25 Lakh | Satisfied | |
| 09 Jan 1990 | 90269998 | State Bank of India | ₹55 Lakh | Satisfied | |
| 13 Jun 1988 | 90271204 | State Bank of India | ₹14 Lakh | Satisfied |
To see the full charge records of Asharfi Steels Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Asharfi Steels Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (SAPL) | Filed against the company by U.P.State Electricity Board Sudhir Agarwal | Pending |
| High Court, UTTARPRADESH | Court case (STRE) | Filed against the company by The Commissioner Trade Tax U.P. Lucknow | Disposed |
To see the full case history of Asharfi 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
No delayed payments to MSME suppliers are on our record for Asharfi Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Asharfi Steels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asharfi Steels Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Praveen Kumar Jain was appointed as Director on 29 Oct 2014.
6 earlier events are in the company report.
Frequently asked questions
Asharfi Steels is an active private limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 04 September 1985 (41+ years old) and is registered under CIN U27310UP1985PTC007370.
Asharfi Steels has 3 current directors:
- Rakesh Kumar Arora - Director
- Praveen Kumar Jain - Director
- Pankaj Kumar Jain - Director
The latest financial statements of Asharfi Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asharfi Steels is U27310UP1985PTC007370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asharfi Steels has 3 court cases on record: 3 filed against it. 1 is pending.
Asharfi Steels was incorporated on 04 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Asharfi Steels by revenue are Aditya Udyog Heatxchanger Private Limited, Steelmax Alloys Limited, Sri Raghavendra Pressure Vessels Private Limited, Continental Caps and Corks Private Limited, Projexel Engineering and Construction India Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Praveen Kumar Jain was appointed as Director on 29 Oct 2014. Rakesh Kumar Arora was appointed as Director on 25 Aug 2005. Pankaj Kumar Jain was appointed as Director on 20 Jun 1996.
The registered office of Asharfi Steels is at 17 – 1 Katra Sayya Danghass Mandi Muzaffar Nagar, Muzaffarnagar, Uttar Pradesh, India – 251001.
Asharfi Steels operates in the metal and minerals industry, in the metalworking segment.
Asharfi Steels has open charges of ₹25 Lakh and satisfied charges of ₹1.26 Cr as per latest MCA filings.