About First Wardha Steel Limited
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First Wardha Steel Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Evonith Metallics Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH2007PLC172719.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹23.11 Cr. It was formerly known as First Wardha Steel Private Limited and Megh Realty and Developers Private Limited. It is led by directors including Mohd Kamran Khan and Hari Prakash Poras.
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.56 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.33 Cr (net margin -11.5%) and EBITDA of ₹4.33 Cr (EBITDA margin 37.5%).
As per MCA filings, the company has open charges of ₹1,800 Cr and satisfied charges of ₹8,162.89 Cr on record. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹23.1 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evonith.com.
Company details
Name history
First Wardha Steel has undergone 2 name changes throughout its history. The company was previously known as First Wardha Steel Private Limited, and Megh Realty And Developers Private Limited. The current legal name is First Wardha Steel Limited.
| Company Name | Status |
|---|---|
| First Wardha Steel Limited | Current |
| First Wardha Steel Private Limited | Previous |
| Megh Realty And Developers Private Limited | Previous |
CIN history
First Wardha Steel has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27106MH2007PLC172719, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106MH2007PLC172719 | Current |
| U27106MH2007PTC172719 | Previous |
| U45205MH2007PTC172719 | Previous |
Contact details
First Wardha Steel Limited's registered office is in Mumbai, Maharashtra. Its website is evonith.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 706 To 710 Balarama Building Bandra Kurla Complex Road E Block Band, Ra East, Mumbai, Maharashtra, India – 400051
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of First Wardha Steel 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 First Wardha Steel is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of First Wardha Steel Limited, buy the company report.
Financials of First Wardha Steel Limited
FY 2025 filings availableFirst Wardha Steel Limited reported revenue of ₹11.56 Cr (up 2127% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.33 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹1.33 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 | 37.5% | ||||
| Net Profit Margin | -11.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Wardha Steel Limited, buy the company report.
Board of directors of First Wardha Steel Limited
First Wardha Steel has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Kamran Khan Also directs: Evonith Metallics Limited | Director | 16 Feb 2021 | 5 Years 8 Months | Current |
| Hari Prakash Poras | Director | 21 Jul 2017 | 9 Years 3 Months | Current |
| Manish Krishankumar Bawa | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
Auditor
First Wardha Steel Limited is audited by TODARWAL & TODARWAL LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TODARWAL & TODARWAL LLP | FY 2023 | 111009W |
Shareholding
The shareholding of First Wardha Steel 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 First Wardha Steel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101120134 | Others | ₹100 Cr | Open | |
| 28 Sep 2024 | 100992669 | Others | ₹723 Cr | Open | |
| 28 Sep 2024 | 100992675 | Others | ₹977 Cr | Open | |
| 28 Jun 2022 | 100924175 | Others | ₹702.02 Cr | Satisfied | |
| 28 Jun 2022 | 100589673 | Others | ₹350 Cr | Satisfied |
To see the full charge records of First Wardha Steel Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
First Wardha Steel Limited has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹23.1 Cr; the latest was in March 2022.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2010 | Funding round | ₹99 Lakh | Investors: Evonith Metallics Limited , Evonith Metallics Limited & Brij Bhushan Handa, Evonith Metallics Limited & Subhash Chander Kumar |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: Evonith Metallics Limited & Anuj Miglani, Evonith Metallics Limited Seller: Jogia Properties Limited , Reva Properties Limited , Babhari Properties Private Limited , an individual |
To see the full deal history of First Wardha Steel 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
First Wardha Steel Limited has 15 court cases on record: 13 filed by First Wardha Steel, 2 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 0 |
| District courts | 5 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Wardha, Maharashtra | Court case (Cri.Appeal) | Filed by the company against State of Maharashtra 01 and 1 other | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (CAZ) | Filed by the company against The Learned Joint Charity Commissioner, Nagpur Region, Nagpur and Others | Disposed |
| District court, Wardha, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Learned Joint Charity Commissioner, Nagpur Region, Nagpur and 3 Other | Disposed |
To see the full case history of First Wardha Steel 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 First Wardha Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for First Wardha Steel Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
First Wardha Steel Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Manish Krishankumar Bawa ceased to be Additional Director on 29 Sep 2024.
33 earlier events are in the company report.
Frequently asked questions
First Wardha Steel is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 July 2007 (19+ years old) and is registered under CIN U27106MH2007PLC172719.
First Wardha Steel has 3 current directors:
- Mohd Kamran Khan - Director
- Hari Prakash Poras - Director
- Manish Krishankumar Bawa - Director
The latest financial statements of First Wardha Steel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of First Wardha Steel is U27106MH2007PLC172719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Wardha Steel has 15 court cases on record: 13 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
First Wardha Steel was incorporated on 31 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
First Wardha Steel has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹23.1 Cr; the latest was in March 2022.
Manish Krishankumar Bawa ceased to be Additional Director on 29 Sep 2024. Manish Krishankumar Bawa was appointed as Director on 30 Jul 2024. Mohd Kamran Khan ceased to be Additional Director on 16 Nov 2021. First Wardha Steel has 19 board changes on record in total.
First Wardha Steel can be reached through the website evonith.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of First Wardha Steel is at Office No. 706 To 710 Balarama Building Bandra Kurla Complex Road E Block Band, Ra East, Mumbai, Maharashtra, India – 400051.
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