First Steel Company Private Limited - Company Profile

It is a metals and minerals private limited company based in Estate Hubli, Karnataka, India, established in 1992.
1992 Estate Hubli, Karnataka, India Active
Last Updated:
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About First Steel Company Private Limited

First Steel Company Private Limited, a active private limited company, was established on 10 January 1992 in Estate Hubli, Karnataka, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U85110KA1992PTC012707. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.42 M.

It upholds a compliant status. Employing 25 professional, Its leadership includes Murarilal Bidasaria (Director), Sandeep Murarilal Bidasaria (Director). It holds ₹8.00 Cr open charges and ₹2.31 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 56-A/B, Tarihal Industrialestate, Hubli, Estate Hubli, Karnataka, 580030.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1992PTC012707

  • Registration Number

    012707

  • Incorporation Date

    10 January 1992

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.42 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.42 M
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 2.31 Cr
  • Revenue Growth **** 14.76%
  • Profit Growth **** -118.90%
  • Ebitda **** -43.25%
  • Net Worth -4.41%
  • Total Assets **** 8.41%
Company report

First Steel Company Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into First Steel Company Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at First Steel Company Private Limited?
Current Directors
Name Designation Appointment Date Status
Murarilal Bidasaria Director 10 Jan 1992 Current
Sandeep Murarilal Bidasaria Director 10 Jan 1992 Current

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Financial Performance of First Steel Company.

First Steel Company Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.76% increase. The company also saw a substantial fall in profitability, with a 118.9% decrease in profit. The company's net worth dipped by a decrease of 4.41%.

First Steel Company revenue growth over time
First Steel Company profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 14.76%
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*******
*******
*******
Revenue from Operations
*******
 14.67%
*******
*******
*******
*******
Total Assets
*******
 8.41%
*******
*******
*******
*******
Profit or Loss
*******
 -118.90%
*******
*******
*******
*******
Net Worth
*******
 -4.41%
*******
*******
*******
*******
EBITDA
*******
 -43.25%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of First Steel Company?

In 2022, First Steel Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹80,000,000.00

Satisfied Charges

₹23,120,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 8.00 Cr
Latest Charge Details
Date Lender Amount Status
09 Jan 2012 Canara Bank ₹8.00 Cr Open
12 Apr 2022 Canara Bank ₹5.80 M Satisfied
03 Sep 2018 Canara Bank ₹5.00 M Satisfied
09 Jul 2003 Canara Bank ₹1.00 M Satisfied
09 Jul 2003 Canara Bank ₹1.00 M Satisfied

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How Many Employees Work at First Steel Company?

First Steel Company has a workforce of 25 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Steel Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped First Steel Company's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on First Steel Company
Recent Activity within the Organization
  • Annual General Meeting

    The activity First Steel Company Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on First Steel Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    A charge with Canara Bank of Rs. 80.00 M registered on 09 Jan 2012 with Charge ID 10334146 was modified on 31 Dec 2022. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 12 Apr 2022 via Charge ID 100559246 with Canara Bank was fully satisfied on 03 Sep 2022. was documented.

  • Charges

    Progress on A charge registered on 03 Sep 2018 via Charge ID 100233853 with Canara Bank was fully satisfied on 18 Apr 2022. was documented.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 5.80 M with Charge ID 100559246 was registered on 12 Apr 2022. was documented.

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Frequently Asked Questions
What is the CIN of First Steel Company Private Limited?

The CIN of First Steel Company Private Limited is U85110KA1992PTC012707.

Where is First Steel Company Private Limited headquartered?

First Steel Company Private Limited is headquartered at No. 56-A/B, Tarihal Industrialestate, Hubli, Estate Hubli, Karnataka, 580030.

When was First Steel Company Private Limited incorporated?

First Steel Company Private Limited was incorporated on 10 January 1992.

Who are the current directors of First Steel Company Private Limited?

The current directors of First Steel Company Private Limited are

What is the primary industry of First Steel Company Private Limited?

The primary industry of First Steel Company Private Limited is Manufacturing.

Is First Steel Company Private Limited a listed company?

First Steel Company Private Limited is unlisted.

What is the capital structure of First Steel Company Private Limited?

The authorized capital of First Steel Company Private Limited is ₹5.00 M, and the paid-up capital is ₹2.42 M.

What is the compliance status of First Steel Company Private Limited?

The compliance status of First Steel Company Private Limited is Compliant.

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