
Damani Steels Private Limited
About Damani Steels Private Limited
Data last updated:
Damani Steels Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 12 August 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27101TN1985PTC012111.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ashish Damani and Priti Damani.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 Chinnanayakaran Streetsowcarpet Madras. Sowcarpet Madras., Chennai, Tamil Nadu, India – 600079.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Damani Steels Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 Chinnanayakaran Streetsowcarpet Madras. Sowcarpet Madras., Chennai, Tamil Nadu, India – 600079
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Damani Steels 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
Business activity
The main business activity of Damani Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Damani Steels Private Limited, buy the company report.
Financials of Damani Steels Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Steels Private Limited, buy the company report.
Board of directors of Damani Steels Private Limited
Damani Steels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Damani Also directs: DK Biosciences LLP, Damani Exports Private Limited | Director | 29 Jan 1993 | 33 Years 9 Months | Current |
| Priti Damani Also directs: DK Biosciences LLP, Damani Exports Private Limited | Director | 29 Jan 1993 | 33 Years 9 Months | Current |
| Laxmi Devi Damani Also directs: Damani Exports Private Limited | Director | 27 Jan 1986 | 40 Years 9 Months | Current |
Auditor
Damani Steels Private Limited is audited by R.R. MORE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.R. MORE & CO | FY 2022 | 002133S |
Shareholding
The shareholding of Damani Steels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Damani Steels Private Limited, buy the company report.
Legal cases
Damani Steels Private Limited has 2 court cases on record: 2 filed by Damani Steels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Union of India Rep. by Secy and 2 others | Disposed |
To see the full case history of Damani Steels 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
No delayed payments to MSME suppliers are on our record for Damani Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Damani Steels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Damani Steels Private Limited has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Narasinghdass Damani ceased to be Director on 02 Dec 2024.
Frequently asked questions
Damani Steels is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 12 August 1985 (41+ years old) and is registered under CIN U27101TN1985PTC012111.
Damani Steels has 3 current directors:
- Ashish Damani - Director
- Priti Damani - Director
- Laxmi Devi Damani - Director
The latest financial statements of Damani Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Damani Steels is U27101TN1985PTC012111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damani Steels has 2 court cases on record: 2 filed by the company.
Damani Steels was incorporated on 12 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chennai.
Narasinghdass Damani ceased to be Director on 02 Dec 2024. Ashish Damani was appointed as Director on 29 Jan 1993. Priti Damani was appointed as Director on 29 Jan 1993. Damani Steels has 4 board changes on record in total.
The registered office of Damani Steels is at 8 Chinnanayakaran Streetsowcarpet Madras. Sowcarpet Madras., Chennai, Tamil Nadu, India – 600079.
Damani Steels operates in the metals and minerals industry, in the metal retail and distribution segment.
The compliance status of Damani Steels is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.

