- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TR-08-0006235

Evergrowing Iron & Finvest Private Limited
About Evergrowing Iron & Finvest Private Limited
Data last updated:
Evergrowing Iron & Finvest Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 07 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29199DL1982PTC014157. Its GSTIN is 07AAACE1287C2Z0 (Delhi). The company holds 13 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹17.67 Cr. It was formerly known as Evergrowing Iron & Finvest Limited. It is led by directors Bharat Saxena and Devi Singh.
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 5 Tolstoy Marg Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹434.81 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹52.04 Cr (net margin 12%) and EBITDA of ₹55.82 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 32% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹200 Cr and satisfied charges of ₹32 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 2 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹65.61 Cr; the latest was in May 2022.
Evergrowing Iron & Finvest Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TR-08-0006235). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Evergrowing Iron & Finvest has one previous CIN (Corporate Identification Number): U29199DL1982PLC014157. The current CIN is U29199DL1982PTC014157, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29199DL1982PTC014157 | Current |
| U29199DL1982PLC014157 | Previous |
Recognitions & Rankings of Evergrowing Iron & Finvest
Contact details
Evergrowing Iron & Finvest Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Tolstoy Marg Connaught Place, New Delhi, Delhi, India – 110001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Evergrowing Iron & Finvest 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 activities of Evergrowing Iron & Finvest are manufacturing and trade. In detail, this covers metal and metal products and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Evergrowing Iron & Finvest Private Limited, buy the company report.
Financials of Evergrowing Iron & Finvest Private Limited
FY 2024 filings availableEvergrowing Iron & Finvest Private Limited reported revenue of ₹434.81 Cr (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 58% growth in the latest year. EBITDA rose 553% 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 | ₹55.82 Cr | ||||
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| Net Profit (PAT) | ₹52.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 12% | ||||
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To see the full financial statements and ratios of Evergrowing Iron & Finvest Private Limited, buy the company report.
Board of directors of Evergrowing Iron & Finvest Private Limited
Evergrowing Iron & Finvest has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Saxena | Director | 25 Jun 2021 | 5 Years 4 Months | Current |
| Devi Singh Also directs: Vision Steel Limited, Marsh Steel Trading Limited, Kishorilal Constructions Private Limited and 5 more | Additional Director | 07 Nov 2025 | 1 Years 0 Months | Current |
Auditor
Evergrowing Iron & Finvest Private Limited is audited by ANKIT SINGLA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKIT SINGLA & CO | FY 2023 | 033553N |
Shareholding
The shareholding of Evergrowing Iron & Finvest Private Limited 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 Evergrowing Iron & Finvest Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2013 | 10447959 | Ifci Limited | ₹200 Cr | Open | |
| 26 Mar 2007 | 10046488 | Punjab National Bank | ₹32 Cr | Satisfied |
To see the full charge records of Evergrowing Iron & Finvest Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Evergrowing Iron & Finvest Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹65.61 Cr; the latest was in May 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Decor Investment Finance Private Limited, Shivalikview Steel Trading Private Limited , Flawless Holdings Industries Limited Seller: Kishorilal Constructions Limited, Railtrack India Private Limited, Gainda Mal Chiranji Lal Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Adhunik Investments Priavate Limited Seller: Aadhunik Infradevelopers Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Marble Finvest Limited |
| Dec 2012 | Funding round | ₹65.61 Cr | Investors: Blackberry Projects Private Limited , Sunbright Commodities Trade Private Limited , Utmost IT Solutions Private Limited |
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: Sanjay Singal Huf, Marble Finvest Limited , an individual Seller: Bhushan Capital & Credit Services Private Limited , 3 individuals |
To see the full deal history of Evergrowing Iron & Finvest 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
Evergrowing Iron & Finvest Private Limited has 10 court cases on record: 4 filed by Evergrowing Iron & Finvest, 6 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 5 | 2 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against M/S Nova Iron and Steel Limited | Disposed |
| High Court of Delhi | Court case (CO.A(SB)) | Filed by the company against Bhushan Steel Ltd. & Ors. | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (EX AB) | Filed against the company by Bharti Infotel Ltd. | Disposed |
| High Court of Andhra Pradesh | Court case (AS) | Filed against the company | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Excise and Taxation Officer Cum Designated Officer Cum Notified Authority and Others and 3 others | Pending |
To see the full case history of Evergrowing Iron & Finvest 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 Evergrowing Iron & Finvest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evergrowing Iron & Finvest Private Limited has a workforce of 8 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Evergrowing Iron & Finvest has 13 GST registrations: 4 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACE1287C2Z0 | Delhi | Active | 26 Oct 2022 |
| 16AAACE1287C1Z2 | Tripura | Active | 01 Jul 2017 |
| 19AAACE1287C1ZW | West Bengal | Active | 01 Jul 2017 |
| 18AAACE1287C4ZV | Assam | Active | 31 May 2022 |
To see the full GST registrations and return filing status of Evergrowing Iron & Finvest Private Limited, buy the company report.
Recent activity
Evergrowing Iron & Finvest Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Vijay Kumar Tiwari ceased to be Director on 21 Nov 2025.
6 earlier events are in the company report.
Frequently asked questions
Evergrowing Iron & Finvest is an active private limited company based in New Delhi, Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 07 August 1982 (44+ years old) and is registered under CIN U29199DL1982PTC014157.
Evergrowing Iron & Finvest has 2 current directors:
- Bharat Saxena - Director
- Devi Singh - Additional Director
The latest financial statements of Evergrowing Iron & Finvest 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 Evergrowing Iron & Finvest is 07AAACE1287C2Z0, registered in Delhi. The company has 13 GST registrations in all, of which 4 are active and 9 are cancelled or inactive. Other active GSTINs include 16AAACE1287C1Z2 (Tripura), 19AAACE1287C1ZW (West Bengal), 18AAACE1287C4ZV (Assam).
The CIN (Corporate Identification Number) of Evergrowing Iron & Finvest is U29199DL1982PTC014157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evergrowing Iron & Finvest has 10 court cases on record: 4 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Evergrowing Iron & Finvest was incorporated on 07 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
Evergrowing Iron & Finvest has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹65.61 Cr; the latest was in May 2022.
Vijay Kumar Tiwari ceased to be Director on 21 Nov 2025. Devi Singh was appointed as Additional Director on 07 Nov 2025. Bharat Saxena ceased to be Additional Director on 29 Nov 2021. Evergrowing Iron & Finvest has 11 board changes on record in total.
Yes, Evergrowing Iron & Finvest is registered as a medium enterprise under Udyam registration (number: UDYAM-TR-08-0006235).

