About Avtar Steel Limited
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Avtar Steel Limited is a public limited company based in Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27104DL1996PLC078684. Its GSTIN is 07AABCA0205B2ZP (Delhi). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹7.34 Cr. It was formerly known as Avtar Steel Pvt. Ltd. It is led by directors including Sumit Jindal (Managing Director) and Ayushi Jindal (Whole-Time Director).
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 1501 15th Floor Aggarwal Corporate Heights Netaji Subhash Place Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,111.59 Cr. For the same year it recorded a net profit of ₹37.34 Cr (net margin 3.4%) and EBITDA of ₹90.82 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 19% over five years.
The company has about 813 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avtar Steel. As per MCA filings, the company has open charges of ₹389.99 Cr and satisfied charges of ₹110.02 Cr on record. Court records list 27 cases involving the company, including 12 filed by the company and 16 filed against it; 8 cases are pending. The company has 12 deals on record (7 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹4.44 Cr; the latest was in March 2023. 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, 5 larger and 3 smaller; the largest is Chandra Hasni Ispat Private Limited with revenue of ₹1,130.27 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avtarsteel.com.
Company details
CIN history
Avtar Steel has one previous CIN (Corporate Identification Number): U27104DL1996PTC078684. The current CIN is U27104DL1996PLC078684, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104DL1996PLC078684 | Current |
| U27104DL1996PTC078684 | Previous |
Contact details
Avtar Steel Limited's registered office is in Delhi, Delhi. Its website is avtarsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1501 15th Floor Aggarwal Corporate Heights Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Avtar Steel 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
Brands
Avtar Steel operates one associated brand: Avtar Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stainless steel manufacturing and supply in India. | avtarsteel.com |
Business activity
The main business activity of Avtar 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 Avtar Steel Limited, buy the company report.
Financials of Avtar Steel Limited
FY 2024 filings availableAvtar Steel Limited reported revenue of ₹1,111.59 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years. EBITDA rose 56% 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 | ₹90.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.34 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 8.2% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avtar Steel Limited, buy the company report.
Board of directors and KMP of Avtar Steel Limited
Avtar Steel Limited currently reports 5 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchi Barche Also directs: Avi Agri Business Limited, JSW Vayu (Godavari) Private Limited | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
| Mohan Bansal | Cfo | 01 Aug 2025 | 1 Years 3 Months | Current |
| Sumit Jindal Also directs: Krishna Stainless Private Limited, SJ Global Private Limited, Mahamaya Casting Private Limited and 2 more | Managing Director | 15 Feb 2007 | 19 Years 8 Months | Current |
| Himali Maheshbhai Thakkar | Director | 28 Jul 2025 | 1 Years 3 Months | Current |
| Sreerama Murthy Garuda Also directs: Osel Devices Limited, Espj Moksha Private Limited, Kehar Foods International India Private Limited and 1 more | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
| Ayushi Jindal | Whole-Time Director | 12 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Avtar Steel 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 |
|---|---|---|---|---|---|---|
| Chandra Hasni Ispat Private Limited | ₹1,130.27 Cr (FY 2025) | 6.0% | Raigarh, Chhattisgarh, India | |||
| Ahmedabad Strips Private Limited | ₹1,125.4 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| National Steel and Agro Industries Limited | ₹1,122.66 Cr (FY 2024) | 73.0% | Mumbai, Maharashtra, India | |||
| Csci Steel Corporation India Private Limited | ₹1,116.52 Cr (FY 2025) | 5.0% | Vadodara, Gujarat, India | |||
| Beekay Steel Industries Ltd | ₹1,114.51 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Avtar Steel Limitedthis company | ₹1,111.59 Cr (FY 2025) | ₹37.34 Cr | 3.4% | 813 | Delhi, India | |
| Gallantt Ispat Limited | ₹1,100.2 Cr (FY 2021) | 4.0% | New Delhi, Delhi, India | |||
| Anjar TMT Steel Private Limited | ₹1,094.52 Cr (FY 2025) | 68.0% | Anjar, Gujarat, India | |||
| Steel Exchange India Limited | ₹1,093.26 Cr (FY 2024) | -22.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Avtar Steel Limited, buy the company report.
Auditor
Avtar Steel Limited is audited by Umesh Amita & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Umesh Amita & Co. | FY 2024 | 007238C |
Shareholding
The shareholding of Avtar Steel Limited is on record for 5 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 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avtar Steel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2025 | 101203641 | Others | ₹10 Cr | Open | |
| 19 Sep 2025 | 101165998 | Others | ₹10 Cr | Open | |
| 12 Jun 2025 | 101128112 | Hdfc Bank Limited | ₹14.4 Lakh | Open | |
| 29 Mar 2025 | 101073345 | Others | ₹20 Cr | Open | |
| 19 Mar 2025 | 101061898 | Axis Bank Limited | ₹59.47 Cr | Open |
To see the full charge records of Avtar Steel Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Avtar Steel Limited has 12 deals on record (7 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹4.44 Cr; the latest was in March 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Master Trexim Private Limited Seller: Master Instruments Corporation Private Limited |
| Dec 2019 | Rights issue | ₹2.98 Cr | Investors: Mahamaya Casting Private Limited , an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Browalia International Private Limited , 3 individuals Seller: Ashtha Investment, Hybrid Engineering Consultants Private Limited , Eversite Commodities Limited, an individual |
| Mar 2019 | Rights issue | ₹7.9 Cr | Investors: Mahamaya Casting Private Limited , SJ Global Lmited, an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Aagya Enterprises Private Limited , Vijay Conductors (India) Private Limited , Chander Prabhu Financial Services Limited , an individual |
To see the full deal history of Avtar Steel 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
Avtar Steel Limited has 27 court cases on record: 12 filed by Avtar Steel, 16 filed against it. 8 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 13 | 8 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Appeal | Filed by the company against Shri Kunj Bihari Industries LLP Through Its Designated Partner SH Ramesh Son of Late PC Aggarwal and 1 other | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by CD Industries Versus Avtar Steel Limited | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against Avtar Steel Ltd. | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Koncentric Forge Pvt Ltd and Anr | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by M/S Cross Section Interactive Pvt. Ltd. | Disposed |
To see the full case history of Avtar Steel 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
Avtar Steel Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fortio Logisolutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| RPC Exports Private Limited |
To see the full MSME payment records of Avtar Steel Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avtar Steel Limited has a workforce of 813 employees on its EPFO records as of Oct 14, 2025, across 4 active EPFO establishments.
GST
Avtar Steel has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCA0205B2ZP | Delhi | Active | 01 Aug 2022 |
| 06AABCA0205B1ZS | Haryana | Active | 01 Jul 2017 |
| 06AABCA0205B1D1 | Haryana | Active | 24 Oct 2024 |
To see the full GST registrations and return filing status of Avtar Steel Limited, buy the company report.
Recent activity
Avtar Steel Limited has 23 board changes on record since 2007: 9 appointments and 14 cessations. The latest: Mohan Bansal was appointed as CFO on 01 Aug 2025.
70 earlier events are in the company report.
Frequently asked questions
Avtar Steel is an active public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 May 1996 (30+ years old) and is registered under CIN U27104DL1996PLC078684.
Avtar Steel has 6 current directors and KMP:
- Sumit Jindal - Managing Director
- Ayushi Jindal - Whole-Time Director
- Ruchi Barche - Director
- Himali Maheshbhai Thakkar - Director
- Sreerama Murthy Garuda - Director
- Mohan Bansal - Cfo
The latest financial statements of Avtar Steel 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 Avtar Steel is 07AABCA0205B2ZP, registered in Delhi. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 06AABCA0205B1ZS (Haryana), 06AABCA0205B1D1 (Haryana).
The CIN (Corporate Identification Number) of Avtar Steel is U27104DL1996PLC078684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avtar Steel has 27 court cases on record: 12 filed by the company and 16 filed against it. 8 are pending. Most are in the district courts.
Avtar Steel was incorporated on 06 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Avtar Steel has 12 deals on record (7 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹4.44 Cr; the latest was in March 2023.
The peers of Avtar Steel by revenue are Chandra Hasni Ispat Private Limited, Ahmedabad Strips Private Limited, National Steel and Agro Industries Limited, Csci Steel Corporation India Private Limited, Beekay Steel Industries Ltd and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mohan Bansal was appointed as CFO on 01 Aug 2025. Saloni Bansal ceased to be Director on 01 Aug 2025. Ayushi Jindal ceased to be Director on 31 Jul 2025. Avtar Steel has 23 board changes on record in total.
Avtar Steel has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 10 micro and small suppliers. The latest return was filed on 07 May 2024.
Avtar Steel can be reached through the website avtarsteel.com. Its registered office is in Delhi, India.
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