MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0020429
Cluster Steel Private Limited
Cluster Steel Private Limited - metals and minerals in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.72 Lakh
▼ 69% YoY
Net profit · FY 2025
₹2,493
Net margin 0.2%
EBITDA · FY 2025
₹8.62 Lakh
EBITDA margin 80.4%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹21 Lakh
Issued & subscribed
Satisfied charges
₹4.1 Cr
No open charges
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Cluster Steel Private Limited
Data last updated:
Cluster Steel Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27100MP2013PTC030433. Its GSTIN is 23AAFCC1995C1ZX (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors Shubham Khandelwal and Parul Khandelwal.
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 354/11 352/2 Udyog Nagar Palda, Indore, Madhya Pradesh, India – 452020.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.72 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹2,493 (net margin 0.2%) and EBITDA of ₹8.62 Lakh (EBITDA margin 80.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 60% over five years.
As per MCA filings, the company has satisfied charges of ₹4.1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Cluster Steel Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0020429). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100MP2013PTC030433
Registration Number 030433
Incorporation Date 01 April 2013
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0020429
Recognitions & Rankings of Cluster Steel
Contact details
Cluster Steel Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address354/11 352/2 Udyog Nagar Palda, Indore, Madhya Pradesh, India – 452020
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Cluster Steel Private Limited, buy the company report.
Comprehensive company report
Cluster Steel 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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Secure checkout · GST invoice included
Financials of Cluster Steel Private Limited
FY 2025 filings availableCluster Steel Private Limited reported revenue of ₹10.72 Lakh (down 69% YoY) for FY 2025.
Revenue · FY 2025
₹10.72 Lakh ▼ 69%
Net profit · FY 2025
₹2,493 margin 0.2%
EBITDA · FY 2025
₹8.62 Lakh margin 80.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 41%
5 years · compounded
▼ 60%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 17%
5 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 69% fall in the latest year. EBITDA fell 64% 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 | ₹8.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,493 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 80.4% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Cluster Steel Private Limited, buy the company report.
Board of directors of Cluster Steel Private Limited
Cluster Steel has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Khandelwal Also directs: Pixx Entertainment LLP, Masontroc Enterprises Private Limited, Rukmani Mfg & Retails Limited and 2 more | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Parul Khandelwal | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Cluster Steel Private Limited is audited by PRAMOD GARG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAMOD GARG & ASSOCIATES | FY 2023 | 006256C |
Shareholding
The shareholding of Cluster Steel 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 Cluster Steel Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹4.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2015 | 10616759 | The Saraswat Co-Operative Bank Ltd. | ₹10.45 Lakh | Satisfied | |
| 30 Dec 2014 | 10549135 | Union Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Cluster Steel Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Cluster Steel Private Limited has 2 court cases on record: 2 filed by Cluster Steel. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against an individual | Disposed |
To see the full case history of Cluster Steel Private 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
Cluster Steel Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 102 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Khandelwal Agencies Private Limited |
To see the full MSME payment records of Cluster Steel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Cluster Steel has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCC1995C1ZX | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cluster Steel Private Limited, buy the company report.
Recent activity
Cluster Steel Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Parul Khandelwal was appointed as Director on 01 Apr 2013.
AGM
Cluster Steel Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cluster Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 30 Dec 2014 via Charge ID 10549135 with Union Bank Of India was fully satisfied on 01 Sep 2020.
Charges
A charge registered on 31 Dec 2015 via Charge ID 10616759 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 14 Aug 2020.
Charges
A charge with The Saraswat Co-Operative Bank Ltd. amounted to Rs. 10.45 Lakh with Charge ID 10616759 was registered on 31 Dec 2015.
Charges
A charge with Union Bank Of India amounted to Rs. 400.00 Lakh with Charge ID 10549135 was registered on 30 Dec 2014.
Appointed
Parul Khandelwal was appointed as Director.
Appointed
Shubham Khandelwal was appointed as Director.
Incorporation
01 Apr 2013
Cluster Steel Private Limited was registered on 01 Apr 2013 with Roc Gwalior & aged 13 years 6 months as per MCA records.
Frequently asked questions
Cluster Steel is an active private limited company based in Indore, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 April 2013 (13+ years old) and is registered under CIN U27100MP2013PTC030433.
Cluster Steel has 2 current directors:
- Shubham Khandelwal - Director
- Parul Khandelwal - Director
The latest financial statements of Cluster Steel 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 Cluster Steel is 23AAFCC1995C1ZX, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Cluster Steel is U27100MP2013PTC030433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cluster Steel has 2 court cases on record: 2 filed by the company.
Cluster Steel was incorporated on 01 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.
Parul Khandelwal was appointed as Director on 01 Apr 2013. Shubham Khandelwal was appointed as Director on 01 Apr 2013.
Yes, Cluster Steel is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0020429).
Cluster Steel has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 102 overdue payments to 1 micro and small supplier. The latest return was filed on 01 Jun 2019.
The registered office of Cluster Steel is at 35411 3522 Udyog Nagar Palda, Indore, Madhya Pradesh, India – 452020.