- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-03-0001231

About Elite Steels Pvt. Ltd.
Data last updated:
Elite Steels Pvt. Ltd. is a private limited company based in New Delhi, Delhi, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL1991PTC181113. Its GSTIN is 06AAACE6333K1ZP (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Manbir Dager and Tansen Dager.
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 Dpt 443 4th Floor DLF Prime Tower Okhla Phase 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.97 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹7.72 Cr (net margin 11.4%) and EBITDA of ₹11.58 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 18% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elite Steels. As per MCA filings, the company has open charges of ₹5.71 Cr and satisfied charges of ₹3.92 Cr on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 1 case is pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹49.64 Cr; the latest was in March 2012. The company has 7 MSME Form 1 returns on record between 2019 and 2020, listing 682 overdue payments to 29 micro and small suppliers.
Elite Steels Pvt. Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0001231). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elitecranes.com.
Company details
CIN history
Elite Steels has one previous CIN (Corporate Identification Number): U27109HR1991PTC031326. The current CIN is U27109DL1991PTC181113, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109DL1991PTC181113 | Current |
| U27109HR1991PTC031326 | Previous |
Recognitions & Rankings of Elite Steels
Contact details
Elite Steels Pvt. Ltd.'s registered office is in New Delhi, Delhi. Its website is elitecranes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDpt 443 4th Floor DLF Prime Tower Okhla Phase 1, New Delhi, Delhi, India – 110020
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Elite Steels Pvt. Ltd., 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
Brands
Elite Steels operates one associated brand: Elite Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of cranes, attachments, and material handling solutions. | elitecranes.com |
Business activity
The main business activity of Elite 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 Elite Steels Pvt. Ltd., buy the company report.
Financials of Elite Steels Pvt. Ltd.
FY 2024 filings availableElite Steels Pvt. Ltd. reported revenue of ₹67.97 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 15% 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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| Total Expenses | |||||
| EBITDA | ₹11.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.72 Cr | ||||
| Balance Sheet | |||||
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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 | 17% | ||||
| Net Profit Margin | 11.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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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 Elite Steels Pvt. Ltd., buy the company report.
Board of directors of Elite Steels Pvt. Ltd.
Elite Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manbir Dager Also directs: Banyan Warehousing and Logistics LLP, Lumont Ventures Private Limited, Haryana Sanitary Ware Industries Pvt Ltd and 4 more | Director | 01 Jul 1991 | 35 Years 4 Months | Current |
| Tansen Dager Also directs: Haryana Sanitary Ware Industries Pvt Ltd, Elite Ceramics Pvt Ltd | Director | 01 Mar 1996 | 30 Years 8 Months | Current |
Auditor
Elite Steels Pvt. Ltd. is audited by B.B. MATHUR & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.B. MATHUR & COMPANY | FY 2023 | 000290N |
Shareholding
The shareholding of Elite Steels Pvt. Ltd. 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 Elite Steels Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2025 | 101135467 | Others | ₹5.35 Cr | Open | |
| 15 Apr 2021 | 100449987 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 28 May 2019 | 100278692 | Axis Bank Limited | ₹8 Lakh | Open | |
| 29 Nov 2012 | 10392185 | Small Industries Development Bank of India | ₹13.43 Lakh | Open | |
| 03 Sep 2022 | 100619367 | Others | ₹20 Lakh | Satisfied |
To see the full charge records of Elite Steels Pvt. Ltd., buy the company report.
Total charge records: 10 View all charges
Deals & funding
Elite Steels Pvt. Ltd. has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹49.64 Cr; the latest was in March 2012.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹10 Lakh | Investors: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Mayurika Management Services Private Limited , Saunak Technologies Private Limited , Saffron Logisctics Private Limited |
| Mar 2009 | Funding round | ₹2.21 Cr | Investors: Crystal International Limited , Scope Synermed Private Limited, Sharnam Industries Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Funding round | ₹25.1 Lakh | Investors: T S Dagar & Sons HUF, 3 individuals |
To see the full deal history of Elite Steels Pvt. Ltd., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elite Steels Pvt. Ltd. has 12 court cases on record: 9 filed by Elite Steels, 3 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against Sagar Heavy Engineering Pvt Ltd and 2 others | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against M/S Divine Alloys and Power Co Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against Divine Alloys and Power Co Ltd | Disposed |
| District court, Faridabad, Haryana | Appeal | Filed against the company by individuals | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Disposed |
To see the full case history of Elite Steels Pvt. Ltd., 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
Elite Steels Pvt. Ltd. has 7 MSME Form 1 returns on record between 2019 and 2020, listing 682 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rani Electrodes Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Elite Steels Pvt. Ltd., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Elite Steels has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Elite Steels Pvt. Ltd. has a workforce of 66 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Elite Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACE6333K1ZP | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Steels Pvt. Ltd., buy the company report.
Recent activity
Elite Steels Pvt. Ltd. has 2 board changes on record since 1991: 2 appointments. The latest: Tansen Dager was appointed as Director on 01 Mar 1996.
9 earlier events are in the company report.
Frequently asked questions
Elite Steels is an active private limited company based in New Delhi, Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 July 1991 (35+ years old) and is registered under CIN U27109DL1991PTC181113.
Elite Steels has 2 current directors:
- Manbir Dager - Director
- Tansen Dager - Director
The latest financial statements of Elite Steels 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 2015 are in the company report.
The GSTIN of Elite Steels is 06AAACE6333K1ZP, registered in Haryana. 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 Elite Steels is U27109DL1991PTC181113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Steels has 12 court cases on record: 9 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Elite Steels was incorporated on 01 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Elite Steels has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹49.64 Cr; the latest was in March 2012.
Tansen Dager was appointed as Director on 01 Mar 1996. Manbir Dager was appointed as Director on 01 Jul 1991.
Yes, Elite Steels is registered as a small enterprise under Udyam registration (number: UDYAM-HR-03-0001231).
Elite Steels has 7 MSME Form 1 returns on record between 2019 and 2020, listing 682 overdue payments to 29 micro and small suppliers. The latest return was filed on 30 Oct 2020.

