
About Baosteel India Company Private Limited
Data last updated:
Baosteel India Company Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Baosteel Singapore Pte. Ltd.. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36109MH2012FTC234650. Its GSTIN is 27AAFCB1748J1ZK (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹90.97 Lakh. It is led by directors including Guoqiang Dai and Prathamesh Janardan Ginde.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹199.02 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹6.63 Cr (net margin 3.3%) and EBITDA of ₹22.43 Cr (EBITDA margin 11.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Baoshan Iron & Steel. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹88.17 Cr; the latest was in March 2018. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 5 smaller; the largest is Mankameshwar Steels Unit-Ii Private Limited with revenue of ₹200.35 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 26 overdue payments to 15 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 baosteel.com.
Company details
Contact details
Baosteel India Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is baosteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 603 6th Floor C & B Square Sangam Complex Andheri Kurla Road Chakala Andheri Eas, T, Mumbai, Maharashtra, India – 400059
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Baosteel India Company 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
Brands
Baosteel India Company operates one associated brand: Baoshan Iron & Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of iron & steel products | baosteel.com |
Business activity
The main business activity of Baosteel India Company 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 Baosteel India Company Private Limited, buy the company report.
Financials of Baosteel India Company Private Limited
FY 2025 filings availableBaosteel India Company Private Limited reported revenue of ₹199.02 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 36% fall in the latest year. EBITDA fell 18% 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 | ₹22.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.63 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 | 11.3% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Baosteel India Company Private Limited, buy the company report.
Board of directors of Baosteel India Company Private Limited
Baosteel India Company has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guoqiang Dai | Director | 10 Oct 2016 | 10 Years 1 Months | Current |
| Prathamesh Janardan Ginde | Director | 02 Jan 2024 | 2 Years 10 Months | Current |
| Peizhu Hu | Director | 11 May 2018 | 8 Years 6 Months | Current |
Peer comparison
Baosteel India Company Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Mankameshwar Steels Unit-Ii Private Limited | ₹200.35 Cr (FY 2025) | 63.0% | Aligarh, Uttar Pradesh, India | |||
| Manav Energy and Steel Private Limited | ₹200.28 Cr (FY 2025) | -2.0% | Raipur, Chhattisgarh, India | |||
| Baosteel India Company Private Limitedthis company | ₹199.02 Cr (FY 2025) | ₹6.63 Cr | 3.3% | -36.0% | 43 | 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 Limited | ₹197.83 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Proxima Steel Forge Private Limited | ₹197.74 Cr (FY 2025) | 36.0% | Punjab, India |
To see the full peer comparison of Baosteel India Company Private Limited, buy the company report.
Auditor
Baosteel India Company Private Limited is audited by SRBC & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & Co LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Baosteel India Company 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 Baosteel India Company Private Limited, buy the company report.
Deals & funding
Baosteel India Company Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹88.17 Cr; the latest was in March 2018.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹96.93 Cr | Investors: Baosleel Singapore Pte Limited |
| Jun 2013 | Funding round | ₹88.17 Cr | Investors: Baosleel Singapore Pte Limited, Shanghai Baosteel International Economic And Trading Company Limited |
To see the full deal history of Baosteel India Company Private 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
No court or tribunal cases involving Baosteel India Company Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Baosteel India Company Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 26 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Technocrats Alliance Engineering Private Limited | |||
| Refractory Engineering and Construction Private Limited | |||
| Guru Nanak Automobiles | |||
| Goldmen Projects | |||
| an individual supplier |
To see the full MSME payment records of Baosteel India Company Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Baosteel India Company Private Limited has a workforce of 43 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 | 43 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Baosteel India Company Private Limited, buy the company report.
GST
Baosteel India Company has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCB1748J1ZK | Maharashtra | Active | 01 Jul 2017 |
| 24AAFCB1748J1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Baosteel India Company Private Limited, buy the company report.
Recent activity
Baosteel India Company Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Prathamesh Janardan Ginde was appointed as Director on 02 Jan 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Baosteel India Company is an active foreign 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 August 2012 (14+ years old) and is registered under CIN U36109MH2012FTC234650.
Baosteel India Company has 3 current directors:
- Guoqiang Dai - Director
- Prathamesh Janardan Ginde - Director
- Peizhu Hu - Director
The latest financial statements of Baosteel India Company 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 GSTIN of Baosteel India Company is 27AAFCB1748J1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCB1748J1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Baosteel India Company is U36109MH2012FTC234650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baosteel India Company was incorporated on 18 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Baosteel India Company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹88.17 Cr; the latest was in March 2018.
The peers of Baosteel India Company by revenue are Mankameshwar Steels Unit-Ii Private Limited, Manav Energy and Steel Private Limited, SRV Steels Private Limited, T K Steel Rolling Mills Private Limited, G.D. Metsteel Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Prathamesh Janardan Ginde was appointed as Director on 02 Jan 2024. Prathamesh Janardan Ginde ceased to be Additional Director on 04 Sep 2023. Hong Hu ceased to be Director on 15 Mar 2019. Baosteel India Company has 13 board changes on record in total.
Baosteel India Company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 26 overdue payments to 15 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Baosteel India Company can be reached through the website baosteel.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Baosteel India Company is at Unit 603 6th Floor C & B Square Sangam Complex Andheri Kurla Road Chakala Andheri Eas, T, Mumbai, Maharashtra, India – 400059.

