About Ganraj Ispat Private Limited
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Ganraj Ispat Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27310PN2013PTC147532. Its GSTIN is 27AAFCG2399J1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹13 Cr. It is led by directors Sonal Paras Chordiya and Gaurav Pramod Dugad.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. A – 3 MIDC Supa Tq – Parner, Ahmednagar, Maharashtra, India – 414301.
As per the financials filed for FY 2025, the company reported a revenue of ₹481.41 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.49 Cr (net margin 1.3%) and EBITDA of ₹30.16 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.
The company has about 538 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pushpa Steel. As per MCA filings, the company has open charges of ₹175.96 Cr and satisfied charges of ₹33 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 7 cases are pending. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2024. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Navkaar Ispat Limited with revenue of ₹488.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ganrajispat.com.
Company details
Contact details
Ganraj Ispat Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is ganrajispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. A – 3 MIDC Supa Tq – Parner, Ahmednagar, Maharashtra, India – 414301
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ganraj Ispat 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
Brands
Ganraj Ispat operates one associated brand: Pushpa Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of TMT reinforcement bars in Maharashtra, focusing on quality and sustainability. | ganrajispat.com |
Business activity
The main business activity of Ganraj Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ganraj Ispat Private Limited, buy the company report.
Financials of Ganraj Ispat Private Limited
FY 2025 filings availableGanraj Ispat Private Limited reported revenue of ₹481.41 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 10% 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 | ₹30.16 Cr | ||||
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| Net Profit (PAT) | ₹6.49 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 | 6.3% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Ganraj Ispat Private Limited, buy the company report.
Board of directors of Ganraj Ispat Private Limited
Ganraj Ispat has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Paras Chordiya | Director | 24 May 2013 | 13 Years 5 Months | Current |
| Gaurav Pramod Dugad Also directs: Dugad Builders & Developers LLP, Dugad Greenplots LLP, Dugad Infrastructure LLP and 5 more | Director | 24 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Ganraj Ispat Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navkaar Ispat Limited | ₹488.15 Cr (FY 2025) | -12.0% | Kutch, Gujarat, India | |||
| Ardent Steel Private Limited | ₹487.55 Cr (FY 2025) | -7.0% | Raipur, Chhattisgarh, India | |||
| Viki Industries Private Limited | ₹486.26 Cr (FY 2022) | 61.0% | Chennai, Tamil Nadu, India | |||
| Pilania Industries India Private Limited | ₹484.04 Cr (FY 2025) | 14.0% | Durg, Chhattisgarh, India | |||
| Ganraj Ispat Private Limitedthis company | ₹481.41 Cr (FY 2025) | ₹6.49 Cr | 1.3% | -9.0% | 538 | Ahmednagar, Maharashtra, India |
| As R Multimetals Private Limited (TR Co) | ₹478.92 Cr (FY 2024) | -13.0% | Kutchh, Gujarat, India | |||
| Jai Salasar Balaji Industries Pvt Ltd | ₹475.65 Cr (FY 2025) | 38.0% | Kolkata, West Bengal, India | |||
| Kothi Steel Limited | ₹474.27 Cr (FY 2025) | -4.0% | Godhra, Gujarat, India | |||
| H R Ispat Private Limited | ₹474.21 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ganraj Ispat Private Limited, buy the company report.
Auditor
Ganraj Ispat Private Limited is audited by S P C M & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P C M & ASSOCIATES | FY 2023 | 112165W |
Shareholding
The shareholding of Ganraj Ispat 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 Ganraj Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101186442 | Hdfc Bank Limited | ₹45.48 Lakh | Open | |
| 31 Jul 2024 | 100978000 | Others | ₹20 Cr | Open | |
| 12 Apr 2023 | 100738404 | Hdfc Bank Limited | ₹89.71 Lakh | Open | |
| 20 Feb 2021 | 100418483 | Hdfc Bank Limited | ₹154.54 Cr | Open | |
| 07 Aug 2020 | 100357933 | Others | ₹7.25 Lakh | Open |
To see the full charge records of Ganraj Ispat Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Ganraj Ispat Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2021 | Rights issue | ₹7.01 Cr | Investors: 4 individuals |
| Aug 2016 | Rights issue | ₹5.98 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ganraj Ispat Private Limited has 12 court cases on record: 10 filed by Ganraj Ispat, 2 filed against it. 7 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 7 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by Jaideep Ispat and Alloys Pvt. Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Supreme Infrastructure India Limited | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against M/S Shree Traders | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against M/S Sr Enterprises | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Champaklal and Sons Through Gaurav Pramod Dugad and 1 other | Pending |
To see the full case history of Ganraj Ispat 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.
Credit ratings & regulatory alerts
Ganraj Ispat Private Limited was last rated by Care on 30 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jun 2021 |
To see the full credit ratings and regulatory alerts of Ganraj Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ganraj Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ganraj Ispat Private Limited has a workforce of 538 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 538 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Ganraj Ispat Private Limited, buy the company report.
GST
Ganraj Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG2399J1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCG2399J1DF | Maharashtra | Active | 08 Nov 2024 |
To see the full GST registrations and return filing status of Ganraj Ispat Private Limited, buy the company report.
Recent activity
Ganraj Ispat Private Limited has 8 board changes on record since 2013: 5 appointments and 3 cessations. The latest: Kirtikumar Manikchand Dugad ceased to be Director on 22 Mar 2025.
8 earlier events are in the company report.
Frequently asked questions
Ganraj Ispat is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 May 2013 (13+ years old) and is registered under CIN U27310PN2013PTC147532.
Ganraj Ispat has 2 current directors:
- Sonal Paras Chordiya - Director
- Gaurav Pramod Dugad - Director
The latest financial statements of Ganraj Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ganraj Ispat is 27AAFCG2399J1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCG2399J1DF (Maharashtra).
The CIN (Corporate Identification Number) of Ganraj Ispat is U27310PN2013PTC147532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganraj Ispat has 12 court cases on record: 10 filed by the company and 2 filed against it. 7 are pending. Most are in the district courts.
Ganraj Ispat was incorporated on 24 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Ganraj Ispat has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2024.
The peers of Ganraj Ispat by revenue are Navkaar Ispat Limited, Ardent Steel Private Limited, Viki Industries Private Limited, Pilania Industries India Private Limited, As R Multimetals Private Limited (TR Co) and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Kirtikumar Manikchand Dugad ceased to be Director on 22 Mar 2025. Tejas Pravin Dugad ceased to be Director on 22 Mar 2025. Akash Prakash Dugad ceased to be Managing Director on 18 Jan 2020. Ganraj Ispat has 8 board changes on record in total.
Ganraj Ispat can be reached through the website ganrajispat.com. Its registered office is in Ahmednagar, Maharashtra, India.
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