MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0003500
Avdesh Steel Works Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹197.83 Cr
▼ 3% YoY
Net profit · FY 2025
₹1.26 Cr
Net margin 0.6%
EBITDA · FY 2025
₹4.86 Cr
EBITDA margin 2.5%
Authorised capital
₹5.2 Cr
Registered with MCA
Paid-up capital
₹5.05 Cr
Issued & subscribed
Open charges
₹34.83 Cr
Satisfied ₹26.73 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
10
Provident fund records
About Avdesh Steel Works Private Limited
Data last updated:
Avdesh Steel Works Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ashutosh Metal Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2013PTC239815. Its GSTIN is 24AALCA2860N1ZE (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹5.05 Cr. It is led by directors including Piyush Jain and Chandra Kanth Jain.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹197.83 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 0.6%) and EBITDA of ₹4.86 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.83 Cr and satisfied charges of ₹26.73 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in May 2018. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Baosteel India Company Private Limited with revenue of ₹199.02 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 micro and small suppliers.
Avdesh Steel Works Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0003500). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amplgroup.in.
Company details
CIN U27205MH2013PTC239815
Registration Number 239815
Incorporation Date 18 January 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Ashutosh Metal Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0003500
Recognitions & Rankings of Avdesh Steel Works
Contact details
Avdesh Steel Works Private Limited's registered office is in Mumbai, Maharashtra. Its website is amplgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address89/19 1st Floor Ramesh Bhuvan Nakhoda Street Tambakata Pydhonie Mumbadevi Road Man, Dvi, Mumbai, Maharashtra, India – 400003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Avdesh Steel Works Private Limited, buy the company report.
Comprehensive company report
Avdesh Steel Works 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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Business activity
The main business activities of Avdesh Steel Works are manufacturing and professional, scientific and technical. In detail, this covers metal and metal products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Avdesh Steel Works Private Limited, buy the company report.
Financials of Avdesh Steel Works Private Limited
FY 2025 filings availableAvdesh Steel Works Private Limited reported revenue of ₹197.83 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹197.83 Cr ▼ 3%
Net profit · FY 2025
₹1.26 Cr margin 0.6%
EBITDA · FY 2025
₹4.86 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 5%
5 years · compounded
▲ 5%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 5% 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 | ₹4.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.26 Cr | ||||
| 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Avdesh Steel Works Private Limited, buy the company report.
Board of directors of Avdesh Steel Works Private Limited
Avdesh Steel Works has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Jain Also directs: Ashutosh Metal Private Limited, Ashutosh Tube Private Limited | Director | 18 Jan 2013 | 13 Years 9 Months | Current |
| Chandra Kanth Jain | Director | 07 Oct 2019 | 7 Years 1 Months | Current |
| Gorav Chandrakant Jain Also directs: Ashutosh Tube Private Limited, Bhakti Alloys Private Limited, Mpower Infrabuild Private Limited and 1 more | Director | 18 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Avdesh Steel Works Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Baosteel India Company Private Limited | ₹199.02 Cr (FY 2025) | -36.0% | Mumbai, Maharashtra, India | |||
| SRV Steels Private Limited | ₹198.47 Cr (FY 2025) | -36.0% | Ludhiana, Punjab, India | |||
| T K Steel Rolling Mills Private Limited | ₹197.89 Cr (FY 2025) | 11.0% | Ludhiana, Punjab, India | |||
| G.D. Metsteel Private Limited | ₹197.84 Cr (FY 2025) | 26.0% | Pune, Maharashtra, India | |||
| Avdesh Steel Works Private Limitedthis company | ₹197.83 Cr (FY 2025) | ₹1.26 Cr | 0.6% | -3.0% | 10 | Mumbai, Maharashtra, India |
| Proxima Steel Forge Private Limited | ₹197.74 Cr (FY 2025) | 36.0% | Punjab, India | |||
| Hira Steels Limited | ₹195.71 Cr (FY 2025) | -37.0% | Chhattisgarh, India | |||
| Mankasia Steel Private Limited | ₹195.65 Cr (FY 2025) | -6.0% | Howrah, West Bengal, India | |||
| U P Bone Mills Private Limited | ₹195.6 Cr (FY 2023) | 46.0% | Delhi, India |
To see the full peer comparison of Avdesh Steel Works Private Limited, buy the company report.
Auditor
Avdesh Steel Works Private Limited is audited by RUSHABH SHREYANSH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUSHABH SHREYANSH & CO | FY 2023 | 131457W |
Shareholding
The shareholding of Avdesh Steel Works 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 Avdesh Steel Works Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.83 Cr
Satisfied charges
₹26.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2014 | 10543819 | State Bank of India | ₹34.83 Cr | Open | |
| 19 Jan 2018 | 100178987 | Hdfc Bank Limited | ₹16.78 Cr | Satisfied | |
| 23 Dec 2014 | 10543817 | State Bank of India | ₹9.95 Cr | Satisfied |
To see the full charge records of Avdesh Steel Works Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Avdesh Steel Works Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in May 2018.
Total deals
3
Rights issues
2
Secondary share transfer
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Rights issue | ₹2.03 Cr | Investors: Ashutosh Metal Private Limited |
| Dec 2014 | Rights issue | ₹2.99 Cr | Investors: Ashutosh Metal Private Limited |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: Ashutosh Metal Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Avdesh Steel Works Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Avdesh Steel Works Private Limited was last rated by Brickwork on 05 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 05 Nov 2019 |
To see the full credit ratings and regulatory alerts of Avdesh Steel Works Private Limited, buy the company report.
MSME payment delays
Avdesh Steel Works Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| PHD Trading Corporation Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Avdesh Steel Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avdesh Steel Works Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
66.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Avdesh Steel Works Private Limited, buy the company report.
GST
Avdesh Steel Works has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA2860N1ZE | Gujarat | Active | 01 Jul 2017 |
| 24AALCA2860N1DN | Gujarat | Active | 08 Nov 2024 |
To see the full GST registrations and return filing status of Avdesh Steel Works Private Limited, buy the company report.
Recent activity
Avdesh Steel Works Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Chandra Kanth Jain was appointed as Director on 07 Oct 2019.
AGM
Avdesh Steel Works Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Avdesh Steel Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 34.83 Cr registered on 23 Dec 2014 with Charge ID 10543819 was modified on 21 Jan 2025.
Charges
A charge registered on 23 Dec 2014 via Charge ID 10543817 with State Bank Of India was fully satisfied on 21 Dec 2023.
Appointed
Chandra Kanth Jain was appointed as Director.
Charges
A charge registered on 19 Jan 2018 via Charge ID 100178987 with Hdfc Bank Limited was fully satisfied on 18 Jul 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.78 Cr with Charge ID 100178987 was registered on 19 Jan 2018.
Charges
A charge with State Bank Of India amounted to Rs. 9.95 Cr with Charge ID 10543817 was registered on 23 Dec 2014.
Charges
A charge with State Bank Of India amounted to Rs. 34.83 Cr with Charge ID 10543819 was registered on 23 Dec 2014.
Appointed
Gorav Chandrakant Jain was appointed as Director.
Appointed
Piyush Jain was appointed as Director.
Incorporation
18 Jan 2013
Avdesh Steel Works Private Limited was registered on 18 Jan 2013 with Roc Mumbai & aged 13 years 9 months as per MCA records.
Frequently asked questions
Avdesh Steel Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 January 2013 (13+ years old) and is registered under CIN U27205MH2013PTC239815.
Avdesh Steel Works has 3 current directors:
- Piyush Jain - Director
- Chandra Kanth Jain - Director
- Gorav Chandrakant Jain - Director
The latest financial statements of Avdesh Steel Works on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avdesh Steel Works is 24AALCA2860N1ZE, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AALCA2860N1DN (Gujarat).
The CIN (Corporate Identification Number) of Avdesh Steel Works is U27205MH2013PTC239815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avdesh Steel Works was incorporated on 18 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Avdesh Steel Works has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in May 2018.
The peers of Avdesh Steel Works by revenue are Baosteel India Company Private Limited, SRV Steels Private Limited, T K Steel Rolling Mills Private Limited, G.D. Metsteel Private Limited, Proxima Steel Forge Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Chandra Kanth Jain was appointed as Director on 07 Oct 2019. Gorav Chandrakant Jain was appointed as Director on 18 Jan 2013. Piyush Jain was appointed as Director on 18 Jan 2013.
Yes, Avdesh Steel Works is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0003500).
Avdesh Steel Works has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Avdesh Steel Works can be reached through the website amplgroup.in. Its registered office is in Mumbai, Maharashtra, India.
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