About Ankit Steels
Ankit Steels is an Industrial Goods & Manufacturing company based in Ludhiana (India) founded in 1991. It manufactures and exports auto parts, tools, fasteners, and lubricating equipment worldwide. It operates on a B2B model in Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. Ankit Steels has raised $390.05 thousand across 1 funding round. Its Indian entity Ankit Steels Pvt Ltd reported revenue of ₹10.77 Cr. Ankit Steels offers products and services including Auto Parts, Automotive Tools, Hand Tools, Fasteners, and Lubricating Equipment. Its focus areas include Manufacturing, Tools and Equipment, Lubricating and Grease Guns. Its competitors include UNO Minda and Rane Group; 1 of its 2 listed competitors has raised funding.
Company details
Ankit Steels is a certified manufacturer and exporter based in Ludhiana, India, specializing in engineering products such as auto parts, automotive tools, hand tools, fasteners, and lubricating equipment. They follow quality policies like Japanese 5s for efficient production and serve global markets through exports. The company emphasizes quality assurance and timely delivery to businesses.
- Headquarters Ludhiana, India
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics
- Email••••••••
- Website ankitsteel.in
- Legal Name Ankit Steels Pvt Ltd
- Date of Incorporation 19 Mar, 1981
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹10.77 Cr
FY 2025 · +32% YoY
- Net Loss-₹41.7 Lakh
FY 2025 · -4% margin
- EBITDA-₹34.8 Lakh
FY 2025 · -3% margin
- Total Equity Funding$390.05K (USD)
in 1 rounds
- Latest Funding Round$390.05K (USD), Angel Round
Mar 2012
Associated legal entities of Ankit Steels
Ankit Steels operates through Ankit Steels Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ankit Steels Pvt Ltd CIN U27108MP1981PTC001742 | Active | 19 Mar 1981 | Indore, Madhya Pradesh | ₹10.8 Cr | 2 | View details |
Products & Services of Ankit Steels
Ankit Steels offers a comprehensive portfolio of products and services, including Auto Parts, Automotive Tools, Hand Tools, Fasteners, and Lubricating Equipment.
Parts for vehicles and machinery in manufacturing.
Tools for automotive repair and maintenance tasks.
General tools for engineering and industrial use.
Securing components in engineering applications.
Devices for applying lubricants in machinery.
Funding Insights of Ankit Steels
Ankit Steels has successfully raised a total of $390.05K through 1 strategic funding round. The most recent funding activity was a Angel Round of $390.05 thousand completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $390,054
- Total Rounds 1
- Last Round Angel Round — $390,054
- First Round $390,054
(Mar 2012)
All 1 funding rounds of Ankit Steels with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2012 | $390,054 | Angel Round | – | – | – |
Board of directors of Ankit Steels Pvt Ltd (Ankit Steels)
Ankit Steels Pvt Ltd is the primary company behind Ankit Steels. The board of Ankit Steels Pvt Ltd currently have 2 directors; the longest-serving is Ankit Mittal, appointed in 2002. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Mittal DIN 00139653 | Director | 31 Aug 2002 | 24 yrs 1 mo | Ankit Steels Pvt Ltd |
| Manoj Bhargava DIN 07660080 | Director | 26 Sep 2017 | 9 yrs | Ankit Steels Pvt Ltd |
Financials of Ankit Steels
Figures of Ankit Steels Pvt Ltd, the primary company behind Ankit Steels, for FY 2025. Revenue was ₹10.77 Cr (+32% year on year). Net loss was -₹41.7 Lakh (-4% margin). EBITDA was -₹34.8 Lakh (-3% margin). Revenue has grown at a compounded annual rate of -15% over three years and +15% over five years.
- ₹10.77 CrRevenue · FY 2025 · +32% YoY
- -₹41.7 LakhNet loss · -4% margin
- -₹34.8 LakhEBITDA · -3% margin
- ₹1.69 CrPaid-up capital
- -15%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ankit Steels Pvt Ltd are on its company page.
Detailed financial statements for Ankit Steels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ankit Steels
2 dated milestones of Ankit Steels across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Ankit Steels is founded.
- Funding First funding round of $390K.
Competitors of Ankit Steels
Ankit Steels has 2 listed competitors in our database, 1 of them funded. They include UNO Minda and Rane Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| ranegroup.com | 1929 | Chennai, India | 172 | Major auto components are manufactured and supplied to OEMs. |
Detailed competitors of Ankit Steels
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Frequently Asked Questions about Ankit Steels
Ankit Steels was founded in 1991 and raised its 1st funding round 21 years after it was founded.
Ankit Steels is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Ankit Steels is a funded company, having raised a total of $390.05K across 1 funding round to date. The company's 1st funding round was a Angel Round of $390.05K, raised on Mar 2012.
The primary company behind Ankit Steels, Ankit Steels Pvt Ltd, reported revenue of ₹10.77 Cr for FY 2025, up 32% year on year.
Ankit Steels is a certified manufacturer and exporter based in Ludhiana, India, specializing in engineering products such as auto parts, automotive tools, hand tools, fasteners, and lubricating equipment. They follow quality policies like Japanese 5s for efficient production and serve global markets through exports. The company emphasizes quality assurance and timely delivery to businesses.
Ankit Steels's top competitors include UNO Minda and Rane Group.
Ankit Steels offers Auto Parts, Automotive Tools, Hand Tools, Fasteners, and Lubricating Equipment.
Ankit Steels operates through Ankit Steels Pvt Ltd.
The legal entities of Ankit Steels currently have 2 directors, including Ankit Mittal, Manoj Bhargava.