MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0009250
Globe Steels Private Limited - metals and minerals in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹286.14 Cr
▲ 15% YoY
Net profit · FY 2025
₹41.26 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹22.53 Cr
EBITDA margin 7.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹139.25 Cr
Satisfied ₹42.72 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
44
Provident fund records
About Globe Steels Private Limited
Data last updated:
Globe Steels Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27104TN1986PTC013424. Its GSTIN is 33AAACG2048M1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Sridhar Raghavan (Whole-Time Director) and Padam Modi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C5 Indl.Estate Ambattur Chennai – 58, Tamil Nadu, India – 600058.
As per the financials filed for FY 2025, the company reported a revenue of ₹286.14 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹41.26 Lakh (net margin 0.1%) and EBITDA of ₹22.53 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.
The company has about 44 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹139.25 Cr and satisfied charges of ₹42.72 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1 Cr; the latest was in January 2023.
Globe Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0009250). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globe-india.com.
Company details
CIN U27104TN1986PTC013424
Registration Number 013424
Incorporation Date 16 September 1986
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0009250
Key People
Sridhar Raghavan Whole-Time Director Padam Modi Whole-Time Director Gajanand Modi Whole-Time Director Recognitions & Rankings of Globe Steels
Contact details
Globe Steels Private Limited's registered office is in Chennai, Tamil Nadu. Its website is globe-india.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC5 Indl.Estate Ambattur Chennai – 58, Tamil Nadu, India – 600058
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Globe Steels Private Limited, buy the company report.
Comprehensive company report
Globe Steels Private 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 activity of Globe Steels is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Globe Steels Private Limited, buy the company report.
Financials of Globe Steels Private Limited
FY 2025 filings availableGlobe Steels Private Limited reported revenue of ₹286.14 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹286.14 Cr ▲ 15%
Net profit · FY 2025
₹41.26 Lakh margin 0.1%
EBITDA · FY 2025
₹22.53 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 13%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 14%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 15% growth in the latest year. EBITDA rose 4% 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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| Total Expenses | |||||
| EBITDA | ₹22.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.26 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 7.9% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Globe Steels Private Limited, buy the company report.
Board of directors of Globe Steels Private Limited
Globe Steels has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Raghavan | Whole-Time Director | 16 Sep 1986 | 40 Years 1 Months | Current |
| Padam Modi | Whole-Time Director | 16 Sep 1986 | 40 Years 1 Months | Current |
| Gajanand Modi | Whole-Time Director | 16 Sep 1986 | 40 Years 1 Months | Current |
| Rajkumarimodi | Whole-Time Director | 03 May 1996 | 30 Years 5 Months | Current |
| Kusum Modi | Whole-Time Director | 03 May 1996 | 30 Years 5 Months | Current |
| Karpagavalli Sridhar Also directs: Globe Components Private Limited | Whole-Time Director | 03 May 1996 | 30 Years 5 Months | Current |
Auditor
Globe Steels Private Limited is audited by S SANKARAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SANKARAN & CO | FY 2023 | 003592S |
Shareholding
The shareholding of Globe Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Globe Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹139.25 Cr
Satisfied charges
₹42.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2024 | 100961833 | Sidbi | ₹2.07 Cr | Open | |
| 19 Jun 2024 | 100993460 | Axis Bank Limited | ₹5 Cr | Open | |
| 30 Apr 2024 | 100917848 | The Hongkong and Shanghai Banking Corporation Limited | ₹36 Cr | Open | |
| 10 Oct 2023 | 100807394 | Sidbi | ₹1.77 Cr | Open | |
| 21 Jun 2023 | 100741693 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
To see the full charge records of Globe Steels Private Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Globe Steels Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1 Cr; the latest was in January 2023.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2011 | Funding round | ₹1 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Globe Steels Private Limited has 2 court cases on record: 1 filed by Globe Steels, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Assistant Commissioner | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
To see the full case history of Globe Steels 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
Globe Steels Private Limited was last rated by Icra on 22 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Oct 2020 |
To see the full credit ratings and regulatory alerts of Globe Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globe Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Globe Steels has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Globe Components Private Limited | U29309TN1996PTC036312 |
To see the full group structure of Globe Steels Private Limited, buy the company report.
Employees & EPFO
Globe Steels Private Limited has a workforce of 44 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-6.38%
GST
Globe Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACG2048M1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Globe Steels Private Limited, buy the company report.
Recent activity
Globe Steels Private Limited has 8 board changes on record since 1986: 7 appointments and 1 cessation. The latest: Kalyani Raghavan ceased to be Director on 06 Jan 2017.
Charges
A charge with Hdfc Bank Limited of Rs. 76.00 Cr registered on 20 Dec 2020 with Charge ID 100433333 was modified on 19 Dec 2025.
AGM
Globe Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Globe Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Sidbi amounted to Rs. 2.07 Cr with Charge ID 100961833 was registered on 07 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100993460 was registered on 19 Jun 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 36.00 Cr with Charge ID 100917848 was registered on 30 Apr 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 5.00 Cr registered on 21 Jun 2023 with Charge ID 100741693 was modified on 30 Apr 2024.
Charges
A charge with Sidbi amounted to Rs. 1.77 Cr with Charge ID 100807394 was registered on 10 Oct 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5.00 Cr with Charge ID 100741693 was registered on 21 Jun 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.88 Cr with Charge ID 100620875 was registered on 27 Oct 2022.
Charges
A charge with Others of Rs. 11.00 Cr registered on 29 Jan 2022 with Charge ID 100543516 was modified on 03 Mar 2022.
Charges
A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100543516 was registered on 29 Jan 2022.
66 earlier events are in the company report.
Frequently asked questions
Globe Steels is an active private limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 September 1986 (40+ years old) and is registered under CIN U27104TN1986PTC013424.
Globe Steels has 6 current directors:
- Sridhar Raghavan - Whole-Time Director
- Padam Modi - Whole-Time Director
- Gajanand Modi - Whole-Time Director
- Rajkumarimodi - Whole-Time Director
- Kusum Modi - Whole-Time Director
- Karpagavalli Sridhar - Whole-Time Director
The latest financial statements of Globe Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Globe Steels is 33AAACG2048M1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Globe Steels is U27104TN1986PTC013424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globe Steels has 2 court cases on record: 1 filed by the company and 1 filed against it.
Globe Steels was incorporated on 16 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chennai.
Globe Steels has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1 Cr; the latest was in January 2023.
Kalyani Raghavan ceased to be Director on 06 Jan 2017. Kalyani Raghavan was appointed as Director on 03 May 1996. Karpagavalli Sridhar was appointed as Whole-Time Director on 03 May 1996. Globe Steels has 8 board changes on record in total.
Yes, Globe Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0009250).