Elegance TMT Private Limited
About Elegance TMT Private Limited
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Elegance TMT Private Limited is a private limited company based in Bhiwadi, Rajasthan, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27320RJ2017PTC057708. Its GSTIN is 08AAECE6060D1ZW (Rajasthan).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.71 Cr. It is led by directors Noor Rao and Surinder Kumar Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. Sp – 812 B – 4&5(Corner) RIICO Industrial Area, Bhiwadi, Rajasthan, India – 301019.
As per the financials filed for FY 2024, the company reported a revenue of ₹280.26 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹72 Lakh (net margin 0.3%) and EBITDA of ₹3.74 Cr (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 125 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.92 Cr and satisfied charges of ₹58.74 Cr on record. Court records list 14 cases involving the company, including 2 filed by the company and 12 filed against it; 12 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 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 G K Founders Private Limited with revenue of ₹283.81 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Elegance TMT Private Limited's registered office is in Bhiwadi, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. Sp – 812 B – 4&5(Corner) RIICO Industrial Area, Bhiwadi, Rajasthan, India – 301019
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Elegance TMT 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 Elegance TMT 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 Elegance TMT Private Limited, buy the company report.
Financials of Elegance TMT Private Limited
FY 2024 filings availableElegance TMT Private Limited reported revenue of ₹280.26 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 15% fall in the latest year. EBITDA rose 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.74 Cr | ||||
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| Net Profit (PAT) | ₹72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elegance TMT Private Limited, buy the company report.
Board of directors of Elegance TMT Private Limited
Elegance TMT has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Noor Rao | Director | 08 Nov 2022 | 4 Years 0 Months | Current |
| Surinder Kumar Garg | Additional Director | 05 Jan 2026 | 0 Years 10 Months | Current |
Peer comparison
Elegance TMT Private 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 |
|---|---|---|---|---|---|---|
| G K Founders Private Limited | ₹283.81 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Mahalakshmi Bright Steel Industries Private Limited | ₹281.45 Cr (FY 2024) | -3.0% | Chennai, Tamil Nadu, India | |||
| Elegance TMT Private Limitedthis company | ₹280.26 Cr (FY 2024) | ₹72 Lakh | 0.3% | -15.0% | 125 | Bhiwadi, Rajasthan, India |
| Blackrock Steel & Power Private Limited | ₹279.92 Cr (FY 2025) | -20.0% | Kharora, Chhattisgarh, India | |||
| Sanjog Steels Private Limited | ₹279.51 Cr (FY 2025) | -3.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Elegance TMT Private Limited, buy the company report.
Auditor
Elegance TMT Private Limited is audited by BRIJ MOHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRIJ MOHAN & ASSOCIATES | FY 2023 | 005358C |
Shareholding
The shareholding of Elegance TMT Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elegance TMT Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101139722 | Others | ₹80.02 Lakh | Open | |
| 26 Mar 2025 | 101084890 | Others | ₹23.12 Cr | Open | |
| 05 Apr 2024 | 100909632 | Others | ₹17.45 Cr | Satisfied | |
| 16 May 2023 | 100725017 | Others | ₹19.75 Cr | Satisfied | |
| 21 Mar 2022 | 100554477 | Karnataka Bank Ltd. | ₹14.2 Lakh | Satisfied |
To see the full charge records of Elegance TMT Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Elegance TMT Private Limited has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
To see the full deal history of Elegance TMT 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
Elegance TMT Private Limited has 14 court cases on record: 2 filed by Elegance TMT, 12 filed against it. 12 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 11 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed against the company by Ms S A Alloys Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Shree Waris Piya Steel Co. Pvt. Ltd. | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Virasat Steel LLP | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by an individual | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S Allegiance Petroleum Through Its Partner Mr Saurabh Garg | Pending |
To see the full case history of Elegance TMT 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 Elegance TMT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elegance TMT Private Limited has a workforce of 125 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Elegance TMT has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECE6060D1ZW | Rajasthan | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Elegance TMT Private Limited, buy the company report.
Recent activity
Elegance TMT Private Limited has 12 board changes on record since 2017: 7 appointments and 5 cessations. The latest: Krishna Rao ceased to be Additional Director on 05 Jan 2026.
20 earlier events are in the company report.
Frequently asked questions
Elegance TMT is an active private limited company based in Bhiwadi, Rajasthan, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 April 2017 (9+ years old) and is registered under CIN U27320RJ2017PTC057708.
Elegance TMT has 2 current directors:
- Noor Rao - Director
- Surinder Kumar Garg - Additional Director
The latest financial statements of Elegance TMT on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Elegance TMT is 08AAECE6060D1ZW, registered in Rajasthan.
The CIN (Corporate Identification Number) of Elegance TMT is U27320RJ2017PTC057708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegance TMT has 14 court cases on record: 2 filed by the company and 12 filed against it. 12 are pending. Most are in the district courts.
Elegance TMT was incorporated on 11 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
Elegance TMT has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2024.
The peers of Elegance TMT by revenue are G K Founders Private Limited, Mahalakshmi Bright Steel Industries Private Limited, Blackrock Steel & Power Private Limited, Sanjog Steels Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Krishna Rao ceased to be Additional Director on 05 Jan 2026. Surinder Kumar Garg was appointed as Additional Director on 05 Jan 2026. Krishna Rao was appointed as Additional Director on 01 Jul 2025. Elegance TMT has 12 board changes on record in total.
The registered office of Elegance TMT is at Plot No. Sp – 812 B – 4&5Corner RIICO Industrial Area, Bhiwadi, Rajasthan, India – 301019.
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