About Chromeni Steels Limited
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Chromeni Steels Limited is a public limited foreign company incorporated in india based in Ahmedabad, Gujarat, India, a subsidiary of Evergreat International Investment Pte Ltd. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 20 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27320HR2017FLC139066. Its GSTIN is 06AAHCC0596R1Z1 (Haryana). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹195 Cr and a paid-up capital of ₹195 Cr. It is led by directors including Ashok Kumar Rana (Whole-Time Director) and Tarun Kumar Khulbe.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.19 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹200.52 Cr and EBITDA of -₹44.32 Cr. Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 102% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Chromeni Steels. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 9 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹155.4 Cr; the latest was in June 2024. Its 4 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 2 smaller; the largest is KDBR Wire Industries Private Limited with revenue of ₹7.26 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 20 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 chromenisteels.com.
Company details
CIN history
Chromeni Steels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27320HR2017FLC139066, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27320HR2017FLC139066 | Current |
| U27320GJ2017FLC097919 | Previous |
| U27320GJ2017FTC097919 | Previous |
Contact details
Chromeni Steels Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressS 7 Second Floor Diamond Square Complex, Nr. Navjivan Press Income Tax, Ahmedabad, Gujarat, India – 380014
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Chromeni Steels operates one associated brand: Chromeni Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of hot rolled and cold rolled coils | chromenisteels.com |
Financials of Chromeni Steels Limited
FY 2025 filings availableChromeni Steels Limited reported revenue of ₹7.19 Cr (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 102%. EBITDA fell 138% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹44.32 Cr | ||||
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| Net Profit (PAT) | -₹200.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Chromeni Steels Limited, buy the company report.
Board of directors of Chromeni Steels Limited
Chromeni Steels has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Kumar Khulbe | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Ashok Kumar Rana Also directs: Rabirun Vinimay Pvt.Ltd. | Whole-Time Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Kapil Arora | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Vaishali Deshmukh | Additional Director | 27 Sep 2024 | 2 Years 0 Months | Current |
Peer comparison
Chromeni Steels Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| KDBR Wire Industries Private Limited | ₹7.26 Cr (FY 2024) | 73.0% | Kolkata, West Bengal, India | |||
| Alex Overseas Private Limited | ₹7.21 Cr (FY 2025) | -13.0% | Kapurthala, Punjab, India | |||
| Chromeni Steels Limitedthis company | ₹7.19 Cr (FY 2023) | -₹200.52 Cr | -16.0% | Ahmedabad, Gujarat, India | ||
| Shri Durga Trade Links Private Limited | ₹7.18 Cr (FY 2017) | -99.0% | Bangalore, Karnataka, India | |||
| Ferrenzo India Private Limited | ₹7.14 Cr (FY 2024) | 0.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Chromeni Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2018 | 100218489 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Chromeni Steels Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹155.4 Cr; the latest was in June 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: Evergreat International Investment Pte Ltd |
| Apr 2018 | Funding round | ₹13.68 Cr | Investors: Evergreat International Investment Private Limited, Suncity Stainless LLP , Sunmount Stainless LLP |
| Dec 2017 | Funding round | ₹128.92 Cr | Investors: Evergreat International Investment Private Limited, Suncity Stainless LLP , Sunmount Stainless LLP |
| Sep 2017 | Funding round | ₹12.8 Cr | Investors: Evergreat International Investment Private Limited, Suncity Stainless LLP , Sunmount Stainless LLP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chromeni Steels Limited has 10 court cases on record: 4 filed by Chromeni Steels, 6 filed against it. 9 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 6 | 9 |
Cases on record (4 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of Chromeni Steels 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
Chromeni Steels Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| A B Online | |||
| an individual supplier | |||
| Rajendra & Co. |
To see the full MSME payment records of Chromeni Steels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Chromeni Steels has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCC0596R1Z1 | Haryana | Active | 21 Mar 2025 |
| 24AAHCC0596R1Z3 | Gujarat | Active | 19 Jul 2017 |
| 27AAHCC0596R1ZX | Maharashtra | Active | 02 Apr 2025 |
| 24AAHCC0596R2Z2 | Gujarat | Active | 18 Apr 2025 |
To see the full GST registrations and return filing status of Chromeni Steels Limited, buy the company report.
Recent activity
Chromeni Steels Limited has 18 board changes on record since 2024: 4 appointments and 14 cessations. The latest: Vaishali Deshmukh was appointed as Additional Director on 27 Sep 2024.
10 earlier events are in the company report.
Frequently asked questions
Chromeni Steels is an active public limited foreign company incorporated in india based in Ahmedabad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 20 June 2017 (9+ years old) and is registered under CIN U27320HR2017FLC139066.
Chromeni Steels has 4 current directors:
- Ashok Kumar Rana - Whole-Time Director
- Tarun Kumar Khulbe - Director
- Kapil Arora - Director
- Vaishali Deshmukh - Additional Director
The latest financial statements of Chromeni Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Chromeni Steels is 06AAHCC0596R1Z1, registered in Haryana. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AAHCC0596R1Z3 (Gujarat), 27AAHCC0596R1ZX (Maharashtra), 24AAHCC0596R2Z2 (Gujarat).
The CIN (Corporate Identification Number) of Chromeni Steels is U27320HR2017FLC139066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chromeni Steels has 10 court cases on record: 4 filed by the company and 6 filed against it. 9 are pending.
Chromeni Steels was incorporated on 20 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chromeni Steels has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹155.4 Cr; the latest was in June 2024.
The peers of Chromeni Steels by revenue are KDBR Wire Industries Private Limited, Alex Overseas Private Limited, Shri Durga Trade Links Private Limited, Ferrenzo India Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Vaishali Deshmukh was appointed as Additional Director on 27 Sep 2024. Amit Muljibhai Vaghasia ceased to be Director on 15 Jun 2024. Harsh Kotak Pravinbhai ceased to be Director on 15 Jun 2024. Chromeni Steels has 18 board changes on record in total.
Chromeni Steels has 8 MSME Form 1 returns on record between 2019 and 2022, listing 38 overdue payments to 20 micro and small suppliers. The latest return was filed on 21 Oct 2022.
Chromeni Steels can be reached through the website chromenisteels.com. Its registered office is in Ahmedabad, Gujarat, India.