Damani Castings Private Limited

Damani Castings Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74899MH1995PTC412656 Incorporated 07 April 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹150.77 Cr
▼ 20% YoY
Net profit · FY 2025
₹4.03 Lakh
Net margin 0%
EBITDA · FY 2025
₹3.25 Cr
EBITDA margin 2.2%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹35.18 Cr
Satisfied ₹49.24 Cr
Company age
31 yrs
Est. 1995
Directors on board
2
As per MCA filings

About Damani Castings Private Limited

Data last updated:

Damani Castings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 April 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1995PTC412656. Its GSTIN is 27AADCA8726B2ZV (Maharashtra). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Solo Metals Private Limited and Achjay Steels (India) Private Limited. It is led by directors Shiv Gopal Damani and Nilesh Shivgopal Damani.

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 ₹150.77 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹4.03 Lakh (net margin 0%) and EBITDA of ₹3.25 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 151% over three years.

As per MCA filings, the company has open charges of ₹35.18 Cr and satisfied charges of ₹49.24 Cr on record. Court records list 17 cases involving the company, including 1 filed by the company and 16 filed against it; 3 cases are pending. The company has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹15.29 Cr; the latest was in November 2025.

Damani Castings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0058355). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899MH1995PTC412656
Registration Number 412656
Incorporation Date 07 April 1995
ROC Mumbai
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 Medium
Udyam Registration UDYAM-MH-17-0058355

Name history

Damani Castings has undergone 2 name changes throughout its history. The company was previously known as Solo Metals Private Limited, and Achjay Steels (India) Private Limited. The current legal name is Damani Castings Private Limited.

Company NameStatus
Damani Castings Private LimitedCurrent
Solo Metals Private LimitedPrevious
Achjay Steels (India) Private LimitedPrevious

CIN history

Damani Castings has one previous CIN (Corporate Identification Number): U74899DL1995PTC067306. The current CIN is U74899MH1995PTC412656, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74899MH1995PTC412656Current
U74899DL1995PTC067306Previous
Key People
Shiv Gopal Damani Director Nilesh Shivgopal Damani Director

Recognitions & Rankings of Damani Castings

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-17-0058355

Contact details

Damani Castings Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    4 Nisarg Vinayak Height Chs Ltd. Upper Govind Ngr., Opp. Shyam Baba House, Mumbai, Maharashtra, India – 400097
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Damani Castings Private Limited, buy the company report.

Comprehensive company report
Damani Castings 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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Business activity

The main business activity of Damani Castings is manufacturing. In detail, this covers manufacture of basic metals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing24Manufacture of basic metals

To see the full business activity and turnover split of Damani Castings Private Limited, buy the company report.

Financials of Damani Castings Private Limited

FY 2025 filings available

Damani Castings Private Limited reported revenue of ₹150.77 Cr (down 20% YoY) for FY 2025.

Revenue · FY 2025
₹150.77 Cr ▼ 20%
Net profit · FY 2025
₹4.03 Lakh margin 0%
EBITDA · FY 2025
₹3.25 Cr margin 2.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 151%
EBITDA CAGR growth
1 year
▲ 36%

Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 151%. EBITDA rose 36% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹150.77 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.03 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.2%
Net Profit Margin0%
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 Damani Castings Private Limited, buy the company report.

Board of directors of Damani Castings Private Limited

Damani Castings has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shiv Gopal Damani
Also directs: Bikaner Iron and Steel Industries Private Limited, Damani Enterprises India Private Limited
Director21 Feb 20224 Years 8 MonthsCurrent
Nilesh Shivgopal Damani
Also directs: Bikaner Iron and Steel Industries Private Limited, Damani Enterprises India Private Limited
Director21 Feb 20224 Years 8 MonthsCurrent
View all directors

Auditor

Damani Castings Private Limited is audited by Viral Jain & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Viral Jain & AssociatesFY 2025135089W

Shareholding

The shareholding of Damani Castings Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Damani Castings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹35.18 Cr
Satisfied charges
₹49.24 Cr
Breakdown by lending institutions
Others₹35.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jan 2026101236023Others₹9.5 CrOpen
28 Sep 2023100798818Others₹17.5 LakhOpen
28 Sep 2022100619723Others₹25.5 CrOpen
28 Jan 2019100242742Tata Capital Financial Services Limited₹3.5 CrSatisfied
29 Nov 201310462572Small Industries Development Bank of India₹1 CrSatisfied

To see the full charge records of Damani Castings Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Damani Castings Private Limited has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹15.29 Cr; the latest was in November 2025.

Total deals
13
Funding rounds
7
Secondary share transfers
5
Rights issue
1
Disclosed funding
₹15.29 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Nov 2025Rights issue₹6 CrInvestors: 4 individuals
Mar 2022Funding round₹1 CrInvestors: 4 individuals
Oct 2012Funding round₹1.58 CrInvestors: Solo Steel Company Private Limited, Capital Construction Company, Delhi Mushroom Farms Private Limited , an individual
Mar 2011Funding round₹3.8 CrInvestors: Capital Construction Company, 3 individuals
Jul 2008Funding round₹2.98 CrInvestors: 4 individuals

To see the full deal history of Damani Castings Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Damani Castings Private Limited was last rated by Crisil on 22 Dec 2020.

Rating agencyRated onRating
Crisil22 Dec 2020

To see the full credit ratings and regulatory alerts of Damani Castings Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Damani Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Damani Castings has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AADCA8726B2ZVMaharashtraActive01 Jul 2022
27AADCA8726B1D5MaharashtraActive27 Nov 2024

To see the full GST registrations and return filing status of Damani Castings Private Limited, buy the company report.

Recent activity

Damani Castings Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Nilesh Shivgopal Damani ceased to be Additional Director on 30 Sep 2022.

Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 101236023 was registered on 09 Jan 2026.
Charges
A charge with Others of Rs. 25.50 Cr registered on 28 Sep 2022 with Charge ID 100619723 was modified on 03 Oct 2025.
AGM
Damani Castings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Damani Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100798818 was registered on 28 Sep 2023.
Ceased
Nilesh Shivgopal Damani ceased to be Additional Director.
Ceased
Shiv Gopal Damani ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 25.50 Cr with Charge ID 100619723 was registered on 28 Sep 2022.
Charges
A charge registered on 15 May 2009 via Charge ID 10165626 with State Bank Of India was fully satisfied on 12 May 2022.
Ceased
Jawahar Singh Saroha ceased to be Director.
Appointed
Nilesh Shivgopal Damani was appointed as Director.
Ceased
Saket Saroha ceased to be Director.

16 earlier events are in the company report.

Frequently asked questions

Damani Castings is an active 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 07 April 1995 (31+ years old) and is registered under CIN U74899MH1995PTC412656.

Damani Castings has 2 current directors:

The latest financial statements of Damani Castings 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 Damani Castings is 27AADCA8726B2ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AADCA8726B1D5 (Maharashtra).

The CIN (Corporate Identification Number) of Damani Castings is U74899MH1995PTC412656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Damani Castings has 17 court cases on record: 1 filed by the company and 16 filed against it. 3 are pending. Most are in the district courts.

Damani Castings was incorporated on 07 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Damani Castings has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹15.29 Cr; the latest was in November 2025.

Nilesh Shivgopal Damani ceased to be Additional Director on 30 Sep 2022. Shiv Gopal Damani ceased to be Additional Director on 30 Sep 2022. Jawahar Singh Saroha ceased to be Director on 21 Feb 2022. Damani Castings has 8 board changes on record in total.

Yes, Damani Castings is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0058355).