About Equidem Dealers Private Limited
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Equidem Dealers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 19 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U66190GJ2012PTC068691. Its GSTIN is 24AAQCS9200H2Z7 (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Steel Konnect (India) Private Limited. It is led by directors Jayesh Parmanand Khandwala and Girish Babulal Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹161.51 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹24.59 Cr (net margin 15.2%) and EBITDA of ₹39.54 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 103% over three years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.98 Cr and satisfied charges of ₹237.96 Cr on record. Court records list 48 cases involving the company, including 8 filed by the company and 40 filed against it; 10 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹55.99 Cr; the latest was in July 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steelkonnectindia.com.
Company details
CIN history
Equidem Dealers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66190GJ2012PTC068691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190GJ2012PTC068691 | Current |
| U27109GJ2012PTC068691 | Previous |
| U36100GJ2012PTC068691 | Previous |
Contact details
Equidem Dealers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is steelkonnectindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Kifs Corporate House (Khandwala House), Nr. Land Mark Hotel Nr. Neptune House Iskon – Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Equidem Dealers 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 Equidem Dealers is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Equidem Dealers Private Limited, buy the company report.
Financials of Equidem Dealers Private Limited
FY 2025 filings availableEquidem Dealers Private Limited reported revenue of ₹161.51 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 103%. EBITDA fell 49% 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 |
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| EBITDA | ₹39.54 Cr | ||||
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| Net Profit (PAT) | ₹24.59 Cr | ||||
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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 | 24.5% | ||||
| Net Profit Margin | 15.2% | ||||
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To see the full financial statements and ratios of Equidem Dealers Private Limited, buy the company report.
Board of directors of Equidem Dealers Private Limited
Equidem Dealers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Parmanand Khandwala Also directs: Kifs Trading LLP, Kifs Infrastructure LLP, Khandwala & Zaveri Developers LLP and 5 more | Director | 22 Jul 2023 | 3 Years 3 Months | Current |
| Girish Babulal Shah | Director | 22 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Equidem Dealers Private Limited is audited by DIVYANG N. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIVYANG N. PATEL & CO. | FY 2023 | 114712W |
Shareholding
The shareholding of Equidem Dealers Private Limited is on record for 3 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 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Equidem Dealers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2016 | 10623844 | Reliance Capital Ltd | ₹5 Cr | Open | |
| 28 Oct 2015 | 10603544 | Hdfc Bank Limited | ₹95 Lakh | Open | |
| 25 Jun 2014 | 10520381 | Magma Fincorp Limited | ₹70 Lakh | Open | |
| 31 Aug 2013 | 10448251 | Tata Capital Financial Services Limited | ₹16.36 Lakh | Open | |
| 31 Aug 2013 | 10448256 | Tata Capital Financial Services Limited | ₹16.36 Lakh | Open |
To see the full charge records of Equidem Dealers Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Equidem Dealers Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹55.99 Cr; the latest was in July 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Revigreen Energy Private Limited & Amit Modi, Revigreen Energy Private Limited Seller: BANK OF BARODA, Icici Bank Limited , Hero Fincorp Limited |
| Mar 2016 | Funding round | ₹1 Cr | Investors: an individual |
| Mar 2014 | Funding round | ₹25 Cr | Investors: 3 individuals |
| Oct 2012 | Funding round | ₹29.99 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Equidem Dealers Private Limited has 48 court cases on record: 8 filed by Equidem Dealers, 40 filed against it. 10 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 33 | 7 |
| High courts | 10 | 5 | 2 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Rdsa Steel Solutions Pvt. Ltd. and 4 others | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by Shalimar Paints Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Toyo Engineering India Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Reliance Commercial Finance Ltd / Hitesh Joshi | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Nohar Chand Loha Bhandar Pvt Ltd | Pending |
To see the full case history of Equidem Dealers 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 Equidem Dealers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Equidem Dealers has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCS9200H2Z7 | Gujarat | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Equidem Dealers Private Limited, buy the company report.
Recent activity
Equidem Dealers Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Dipti Jayantilal Thakkar ceased to be Additional Director on 22 Jul 2023.
17 earlier events are in the company report.
Frequently asked questions
Equidem Dealers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 19 January 2012 (14+ years old) and is registered under CIN U66190GJ2012PTC068691.
Equidem Dealers has 2 current directors:
- Jayesh Parmanand Khandwala - Director
- Girish Babulal Shah - Director
The latest financial statements of Equidem Dealers 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 Equidem Dealers is 24AAQCS9200H2Z7, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Equidem Dealers is U66190GJ2012PTC068691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equidem Dealers has 48 court cases on record: 8 filed by the company and 40 filed against it. 10 are pending. Most are in the district courts.
Equidem Dealers was incorporated on 19 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Equidem Dealers has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹55.99 Cr; the latest was in July 2021.
Dipti Jayantilal Thakkar ceased to be Additional Director on 22 Jul 2023. Girish Babulal Shah was appointed as Director on 22 Jul 2023. Jayesh Parmanand Khandwala was appointed as Director on 22 Jul 2023. Equidem Dealers has 10 board changes on record in total.
Equidem Dealers can be reached through the website steelkonnectindia.com. Its registered office is in Ahmedabad, Gujarat, India.
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