- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-27-0020453

About Goradia Special Steels Limited
Data last updated:
Goradia Special Steels Limited is a public limited company based in Raigad, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24109MH1992PLC068326. Its GSTIN is 27AAACA4678H1ZK (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Vipras Castings Limited. It is led by directors including Pranay Himatlal Goradia (Managing Director) and Sanjiv Himatlal Goradia.
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 Survsey No 33/5 Savroli Kharpa Road Khopoli, Raigad, Maharashtra, India – 410203.
As per the financials filed for FY 2025, the company reported a revenue of ₹141.56 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹4.65 Cr (net margin 3.3%) and EBITDA of ₹10.21 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goradia. As per MCA filings, the company has open charges of ₹53.46 Cr and satisfied charges of ₹22.46 Cr on record. Court records list 85 cases involving the company, including 35 filed by the company and 50 filed against it; 9 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2018. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is A B Rolling Mills Private Limited with revenue of ₹143.2 Cr.
Goradia Special Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0020453). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goradia.in.
Company details
CIN history
Goradia Special Steels has one previous CIN (Corporate Identification Number): U67120MH1992PLC068326. The current CIN is U24109MH1992PLC068326, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24109MH1992PLC068326 | Current |
| U67120MH1992PLC068326 | Previous |
Recognitions & Rankings of Goradia Special Steels
Contact details
Goradia Special Steels Limited's registered office is in Raigad, Maharashtra. Its website is goradia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvsey No 33/5 Savroli Kharpa Road Khopoli, Raigad, Maharashtra, India – 410203
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Goradia Special Steels 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
Goradia Special Steels operates one associated brand: Goradia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty steel production and related services in India. | goradia.in |
Business activity
The main business activity of Goradia Special Steels 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 Goradia Special Steels Limited, buy the company report.
Financials of Goradia Special Steels Limited
FY 2025 filings availableGoradia Special Steels Limited reported revenue of ₹141.56 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 33% growth in the latest year. EBITDA rose 59% 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 | |||||
| Total Revenue | ₹141.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.65 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Goradia Special Steels Limited, buy the company report.
Board of directors of Goradia Special Steels Limited
Goradia Special Steels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranay Himatlal Goradia Also directs: Goradia Steel Industries Pvt Ltd, Vipras Corporation Limited, Goradia Energy System Private Limited and 5 more | Managing Director | 05 Dec 1994 | 31 Years 10 Months | Current |
| Sanjiv Himatlal Goradia Also directs: Goradia Steel Industries Pvt Ltd, Vipras Corporation Limited, Goradia Energy System Private Limited and 5 more | Director | 05 Dec 1994 | 31 Years 10 Months | Current |
| Trupti Pranay Goradia | Director | 27 Mar 2024 | 2 Years 6 Months | Current |
Peer comparison
Goradia Special Steels Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| A B Rolling Mills Private Limited | ₹143.2 Cr (FY 2025) | 28.0% | Umargaon, Gujarat, India | |||
| Mohan Iron and Steel (India) Private Limited | ₹142.73 Cr (FY 2025) | -44.0% | Pithampur, Madhya Pradesh, India | |||
| Goradia Special Steels Limitedthis company | ₹141.56 Cr (FY 2025) | ₹4.65 Cr | 3.3% | 33.0% | 33 | Raigad, Maharashtra, India |
| Kalindi Ispat Private Limited | ₹141.5 Cr (FY 2025) | 2.0% | West Bengal, India | |||
| MMG Re Rolling Mills Private Limited | ₹141.44 Cr (FY 2025) | 52.0% | Bhavnagar, Gujarat, India | |||
| Twenty First Century Wire Rods Limited | ₹141.32 Cr (FY 2019) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Goradia Special Steels Limited, buy the company report.
Auditor
Goradia Special Steels Limited is audited by V. P. Mehta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. P. Mehta & Co | FY 2023 | 106326W |
Shareholding
The shareholding of Goradia Special Steels 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 Goradia Special Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2026 | 101330447 | Others | ₹8.78 Lakh | Open | |
| 17 Jun 2026 | 101330691 | Others | ₹10.3 Lakh | Open | |
| 02 Jun 2026 | 101301602 | Others | ₹4.43 Cr | Open | |
| 09 Oct 2025 | 101175301 | Others | ₹17.4 Lakh | Open | |
| 09 Oct 2025 | 101175652 | Others | ₹17.4 Lakh | Open |
To see the full charge records of Goradia Special Steels Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Goradia Special Steels Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Goradia Marketing Pvt Ltd , Abhuti Investment and Trading Private Limited , Devounshi Investment and Trading Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Gopras Finance and Holdings Private Limited , Himvan Finance & Holdings Private Limited, Himraj Finance and Holdings Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goradia Special Steels Limited has 85 court cases on record: 35 filed by Goradia Special Steels, 50 filed against it. 9 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 14 | 5 |
| District courts | 37 | 33 | 4 |
| Supreme Court | 4 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Kothari Metals Ltd | Pending |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed by the company against Maharashtra State Electricity Distribution Company Ltd. Managing Director Prakashgad, Plot No. G-9, Bandra East, Mumbai , District: . ,Mumbai , Maharashtra and 3 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by R.K.G. International Pvt. Ltd. | Disposed |
| Bombay High Court | Appeal | Filed against the company by R. K. G. International Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by RKR Graphite Pvt. Ltd. (Rep.Ashok Dadhich) | Disposed |
To see the full case history of Goradia Special Steels 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 Goradia Special Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Goradia Special Steels Limited has a workforce of 33 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Goradia Special Steels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA4678H1ZK | Maharashtra | Active | 01 Jul 2017 |
| 27AAACA4678H1DT | Maharashtra | Active | 20 Nov 2024 |
To see the full GST registrations and return filing status of Goradia Special Steels Limited, buy the company report.
Recent activity
Goradia Special Steels Limited has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Trupti Pranay Goradia ceased to be Additional Director on 29 Sep 2024.
14 earlier events are in the company report.
Frequently asked questions
Goradia Special Steels is an active public limited company based in Raigad, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 August 1992 (34+ years old) and is registered under CIN U24109MH1992PLC068326.
Goradia Special Steels has 3 current directors:
- Pranay Himatlal Goradia - Managing Director
- Sanjiv Himatlal Goradia - Director
- Trupti Pranay Goradia - Director
The latest financial statements of Goradia Special 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 Goradia Special Steels is 27AAACA4678H1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACA4678H1DT (Maharashtra).
The CIN (Corporate Identification Number) of Goradia Special Steels is U24109MH1992PLC068326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goradia Special Steels has 85 court cases on record: 35 filed by the company and 50 filed against it. 9 are pending. Most are in the high courts.
Goradia Special Steels was incorporated on 27 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Goradia Special Steels has 2 deals on record (2 secondary share transfers); the latest was in March 2018.
The peers of Goradia Special Steels by revenue are A B Rolling Mills Private Limited, Mohan Iron and Steel (India) Private Limited, Kalindi Ispat Private Limited, MMG Re Rolling Mills Private Limited, Twenty First Century Wire Rods Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Trupti Pranay Goradia ceased to be Additional Director on 29 Sep 2024. Trupti Pranay Goradia was appointed as Director on 27 Mar 2024. Ramesh Tukaram Shigwan ceased to be Additional Director on 30 Sep 2019. Goradia Special Steels has 6 board changes on record in total.
Yes, Goradia Special Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0020453).