India's Richest People 2026 edition · 1 director · Source: Hurun India
- #763 Arun Kumar Gupta & family ₹4,100 Cr
Revenue · FY 2025
₹918.54 Cr
▲ 38% YoY
Net profit · FY 2025
₹21.77 Cr
Net margin 2.4%
EBITDA · FY 2025
₹63.59 Cr
EBITDA margin 6.9%
Authorised capital
₹88 Cr
Registered with MCA
Paid-up capital
₹27.49 Cr
Issued & subscribed
Open charges
₹150.29 Cr
Satisfied ₹504.46 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
1,644
Provident fund records
About Bansal Steel & Power Limited
Data last updated:
Bansal Steel & Power Limited is a public limited company based in Delhi, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 28 June 1991 and has been in existence for over 35 years.
Its director Arun Kumar Gupta and family are #763 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PLC044782. Its GSTIN is 06AAACG1010F1ZI (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹88 Cr and a paid-up capital of ₹27.49 Cr. It was formerly known as Garg Inox Private Limited and Garg Inox Limited. It is led by directors including Pranav Bansal (Managing Director) and Sonakshi Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F – 3 Main Road Shastri Nagar North Delhi, Delhi, India – 110052.
As per the financials filed for FY 2025, the company reported a revenue of ₹918.54 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹21.77 Cr (net margin 2.4%) and EBITDA of ₹63.59 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 23% over five years.
The company has about 1,644 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹150.29 Cr and satisfied charges of ₹504.46 Cr on record. Court records list 56 cases involving the company, including 38 filed by the company and 18 filed against it; 10 cases are pending. The company has 16 deals on record (8 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹43.54 Cr; the latest was in March 2024. Its 6 peer companies in the Manufacturing industry (Cables and Wires, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Meenakshi Udyog (India) Private Limited with revenue of ₹932.36 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 bansalwire.com.
Company details
CIN U74899DL1991PLC044782
Registration Number 044782
Incorporation Date 28 June 1991
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Bansal Steel & Power has undergone 3 name changes throughout its history. The company was previously known as Garg Inox Private Limited, Garg Inox Limited, and Garg Sales Co. Private Limited. The current legal name is Bansal Steel & Power Limited.
| Company Name | Status |
|---|---|
| Bansal Steel & Power Limited | Current |
| Garg Inox Private Limited | Previous |
| Garg Inox Limited | Previous |
| Garg Sales Co. Private Limited | Previous |
CIN history
Bansal Steel & Power has one previous CIN (Corporate Identification Number): U74899DL1991PTC044782. The current CIN is U74899DL1991PLC044782, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1991PLC044782 | Current |
| U74899DL1991PTC044782 | Previous |
Key People
Pranav Bansal Managing Director Sonakshi Mittal Whole-Time Director Ghanshyam Das Gujrati Cfo Recognitions & Rankings of Bansal Steel & Power
Contact details
Bansal Steel & Power Limited's registered office is in Delhi, Delhi. Its website is bansalwire.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 3 Main Road Shastri Nagar North Delhi, Delhi, India – 110052
- IndustryManufacturing, Cable & Wire
To see the full contact details of Bansal Steel & Power Limited, buy the company report.
Comprehensive company report
Bansal Steel & Power Limited - one report that includes everything
- 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
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Business activity
The main business activities of Bansal Steel & Power are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Bansal Steel & Power Limited, buy the company report.
Financials of Bansal Steel & Power Limited
FY 2025 filings availableBansal Steel & Power Limited reported revenue of ₹918.54 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹918.54 Cr ▲ 38%
Net profit · FY 2025
₹21.77 Cr margin 2.4%
EBITDA · FY 2025
₹63.59 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 25%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 38% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹63.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.77 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 6.9% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bansal Steel & Power Limited, buy the company report.
Board of directors and KMP of Bansal Steel & Power Limited
Bansal Steel & Power Limited currently reports 8 directors and 1 key managerial person. 28 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Das Gujrati | Cfo | 13 Dec 2023 | 2 Years 10 Months | Current |
| Umesh Kumar Gupta | Director | 02 Jan 2019 | 7 Years 10 Months | Current |
| Sonakshi Mittal Also directs: Bansal Aradhya Steel Private Limited, Bwi Steel Private Limited, Bansal High Carbons Private Limited and 5 more | Whole-Time Director | 15 Oct 2024 | 2 Years 0 Months | Current |
| Satish Prakash Aggarwal Also directs: Bansal Wire Industries Limited | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
| Saurabh Goel | Director | Current | ||
| Pranav Bansal Also directs: Bansal Wire Industries Limited, Bansal Aradhya Steel Private Limited, Bwi Steel Private Limited and 5 more | Managing Director | 02 Jan 2019 | 7 Years 10 Months | Current |
Showing 6 of 9 current directors and KMP. View all directors and KMP
Peer comparison
Bansal Steel & Power Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Cables and Wires, 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 |
|---|---|---|---|---|---|---|
| Meenakshi Udyog (India) Private Limited | ₹932.36 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Ganpati Sponge Iron Private Limited | ₹927.05 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India | |||
| Shree Ganesh Metaliks Private Limited | ₹921.26 Cr (FY 2025) | -5.0% | Rourkela, Odisha, India | |||
| Bansal Steel & Power Limitedthis company | ₹918.54 Cr (FY 2025) | ₹21.77 Cr | 2.4% | 38.0% | 1,644 | Delhi, India |
| N.N. Ispat Private Limited | ₹917.87 Cr (FY 2024) | -1.0% | Kolkata, West Bengal, India | |||
| Maruti Ispat and Pipes Private Limited | ₹916.37 Cr (FY 2025) | 9.0% | Secunderabad, Telangana, India | |||
| Noble Tech Industries Private Limited | ₹912.18 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Bansal Steel & Power Limited, buy the company report.
Auditor
Bansal Steel & Power Limited is audited by Shanker Singal Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shanker Singal Associates | FY 2023 | 07751N |
Shareholding
The shareholding of Bansal Steel & Power 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 Bansal Steel & Power Limited, buy the company report.
Charges & borrowings
Open charges
₹150.29 Cr
Satisfied charges
₹504.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101150722 | Hdfc Bank Limited | ₹28.72 Lakh | Open | |
| 18 Feb 2025 | 101058400 | Others | ₹20 Cr | Open | |
| 19 Mar 2024 | 100895221 | Sbicap Trustee Company Limited | ₹110 Cr | Open | |
| 19 Mar 2024 | 100895218 | Sbicap Trustee Company Limited | ₹20 Cr | Open | |
| 19 Mar 2024 | 100895177 | Sbicap Trustee Company Limited | ₹20.18 Cr | Satisfied |
To see the full charge records of Bansal Steel & Power Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Bansal Steel & Power Limited has 16 deals on record (8 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹43.54 Cr; the latest was in March 2024.
Total deals
16
Secondary share transfers
8
Funding rounds
6
Rights issues
2
Disclosed funding
₹43.54 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Bansal High Carbons Private Limited |
| Dec 2023 | Rights issue | ₹19.44 Cr | Investors: Bansal Wire Industries Limited , 3 individuals |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Bansal Wire Industries Limited Seller: Bansal High Carbons Private Limited , Shyam Sunder Arun Kumar Private Limited , 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Shyam Sunder Arun Kumar Private Limited , Manishi Towers Private Limited , Arun Gupta HUF Seller: Dee Cee Alloys and Wires Private Limited , 3 individuals |
| Jan 2016 | Rights issue | ₹1 Cr | Investors: Solar Mercantiles Pvt Ltd , an individual |
To see the full deal history of Bansal Steel & Power 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
Bansal Steel & Power Limited has 56 court cases on record: 38 filed by Bansal Steel & Power, 18 filed against it. 10 cases are pending and 46 are disposed.
Total cases
56
Filed by the company
38
Filed against the company
18
Pending
10
Disposed
46
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 17 | 9 |
| High courts | 5 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Viraj Profiles Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by M/S. RNV Industries Pvt Ltd Th.Mr. Sachin Pandey | Pending |
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against M/S SKM Steels Ltd and Others -Respondents. and 3 others | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Filed by the company against Kapsons Industries Ltd | Disposed |
To see the full case history of Bansal Steel & Power 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 Bansal Steel & Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bansal Steel & Power Limited has a workforce of 1,644 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
1,644
Active EPFO establishments
2
Employee growth
19.3%
GST
Bansal Steel & Power has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACG1010F1ZI | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bansal Steel & Power Limited, buy the company report.
Recent activity
Bansal Steel & Power Limited has 33 board changes on record since 2008: 8 appointments and 25 cessations. The latest: Satish Prakash Aggarwal ceased to be Additional Director on 14 Nov 2024.
AGM
Bansal Steel & Power Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101150722 was registered on 22 Aug 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 110.00 Cr registered on 19 Mar 2024 with Charge ID 100895221 was modified on 02 Aug 2025.
Filing
Bansal Steel & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101058400 was registered on 18 Feb 2025.
Ceased
Satish Prakash Aggarwal ceased to be Additional Director.
Ceased
Sonakshi Mittal ceased to be Additional Director.
Appointed
Satish Prakash Aggarwal was appointed as Director.
Appointed
Sonakshi Mittal was appointed as Whole-Time Director.
Charges
A charge registered on 19 Mar 2024 via Charge ID 100895177 with Sbicap Trustee Company Limited was fully satisfied on 05 Sep 2024.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 20.00 Cr registered on 19 Mar 2024 with Charge ID 100895218 was modified on 05 Sep 2024.
Charges
A charge registered on 25 Oct 2021 via Charge ID 100507077 with State Bank Of India was fully satisfied on 29 Aug 2024.
81 earlier events are in the company report.
News
Frequently asked questions
Bansal Steel & Power is an active public limited company based in Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 28 June 1991 (35+ years old) and is registered under CIN U74899DL1991PLC044782.
Bansal Steel & Power has 9 current directors and KMP:
- Pranav Bansal - Managing Director
- Sonakshi Mittal - Whole-Time Director
- Umesh Kumar Gupta - Director
- Satish Prakash Aggarwal - Director
- Saurabh Goel - Director
- Arun Gupta - Director
- Yogesh Oberoi - Director
- Anita Gupta - Director
- Ghanshyam Das Gujrati - Cfo
The latest financial statements of Bansal Steel & Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bansal Steel & Power is 06AAACG1010F1ZI, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bansal Steel & Power is U74899DL1991PLC044782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansal Steel & Power has 56 court cases on record: 38 filed by the company and 18 filed against it. 10 are pending. Most are in the district courts.
Bansal Steel & Power was incorporated on 28 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Bansal Steel & Power has 16 deals on record (8 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹43.54 Cr; the latest was in March 2024.
The peers of Bansal Steel & Power by revenue are Meenakshi Udyog (India) Private Limited, Ganpati Sponge Iron Private Limited, Shree Ganesh Metaliks Private Limited, N.N. Ispat Private Limited, Maruti Ispat and Pipes Private Limited and 1 more, all in the Manufacturing industry (Cables and Wires, Steel), with the same principal business activity (metal and metal products).
Satish Prakash Aggarwal ceased to be Additional Director on 14 Nov 2024. Sonakshi Mittal ceased to be Additional Director on 14 Nov 2024. Satish Prakash Aggarwal was appointed as Director on 15 Oct 2024. Bansal Steel & Power has 33 board changes on record in total.
Bansal Steel & Power can be reached through the website bansalwire.com. Its registered office is in Delhi, India.
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