MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0141680
Hari Steel Industries Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹200.87 Cr
▲ 7% YoY
Net profit · FY 2025
₹51 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹1.08 Cr
EBITDA margin 0.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹4.89 Cr
Satisfied ₹13.75 Cr
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
About Hari Steel Industries Limited
Data last updated:
Hari Steel Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 23 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH2001PLC131356. Its GSTIN is 27AABCH1174N1ZE (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Hari Steel Industries Private Limited and Hari Steel Trading Private Limited. It is led by directors including Harish Dharmshibhai Chandarana (Managing Director) and Heet Harish Chandarana.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.5 Survey No.2970 Cts No.2956/7 Ketki Pada West Expr High Dahisar East, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹200.87 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹51 Lakh (net margin 0.3%) and EBITDA of ₹1.08 Cr (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 31% over five years.
The company is associated with 1 brand: Hari Steel Industries. As per MCA filings, the company has open charges of ₹4.89 Cr and satisfied charges of ₹13.75 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending.
Hari Steel Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0141680). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haristeel.com.
Company details
CIN U27109MH2001PLC131356
Registration Number 131356
Incorporation Date 23 March 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0141680
Name history
Hari Steel Industries has undergone 2 name changes throughout its history. The company was previously known as Hari Steel Industries Private Limited, and Hari Steel Trading Private Limited. The current legal name is Hari Steel Industries Limited.
| Company Name | Status |
|---|---|
| Hari Steel Industries Limited | Current |
| Hari Steel Industries Private Limited | Previous |
| Hari Steel Trading Private Limited | Previous |
CIN history
Hari Steel Industries has one previous CIN (Corporate Identification Number): U27109MH2001PTC131356. The current CIN is U27109MH2001PLC131356, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109MH2001PLC131356 | Current |
| U27109MH2001PTC131356 | Previous |
Key People
Harish Dharmshibhai Chandarana Managing Director Heet Harish Chandarana Director Sonal Harish Chandarana Director Recognitions & Rankings of Hari Steel Industries
Contact details
Hari Steel Industries Limited's registered office is in Mumbai, Maharashtra. Its website is haristeel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No.5 Survey No.2970 Cts No.2956/7 Ketki Pada West Expr High Dahisar East, Mumbai, Maharashtra, India – 400068
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Hari Steel Industries Limited, buy the company report.
Comprehensive company report
Hari Steel Industries 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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Brands
Hari Steel Industries operates one associated brand: Hari Steel Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trades in construction and structural steel products for industrial use. | haristeel.com |
Business activity
The main business activity of Hari Steel Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hari Steel Industries Limited, buy the company report.
Financials of Hari Steel Industries Limited
FY 2024 filings availableHari Steel Industries Limited reported revenue of ₹200.87 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹200.87 Cr ▲ 7%
Net profit · FY 2025
₹51 Lakh margin 0.3%
EBITDA · FY 2025
₹1.08 Cr margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 33%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 32%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 7% growth in the latest year. EBITDA rose 46% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51 Lakh | ||||
| 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 | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Hari Steel Industries Limited, buy the company report.
Board of directors of Hari Steel Industries Limited
Hari Steel Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Dharmshibhai Chandarana | Managing Director | 23 Mar 2001 | 25 Years 7 Months | Current |
| Heet Harish Chandarana Also directs: Hari Global Metco Private Limited | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Sonal Harish Chandarana Also directs: Hari Global Metco Private Limited | Director | 23 Mar 2001 | 25 Years 7 Months | Current |
Auditor
Hari Steel Industries Limited is audited by SNH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNH & ASSOCIATES | FY 2023 | 132819W |
Shareholding
The shareholding of Hari Steel Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hari Steel Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹4.89 Cr
Satisfied charges
₹13.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2018 | 100206749 | Bank of India | ₹4.89 Cr | Open | |
| 05 Nov 2009 | 10187471 | Bank of India | ₹9 Cr | Satisfied | |
| 05 Nov 2009 | 10187472 | Bank of India | ₹75 Lakh | Satisfied | |
| 19 Mar 2003 | 90148220 | Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Hari Steel Industries Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Hari Steel Industries Limited has 9 court cases on record: 4 filed by Hari Steel Industries, 5 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Sincere Mercantile Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Infro Alliance Trading Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Kalcomp Systems Pvt.Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed against the company by M/S Famous Steel Centre Through Sikander S Shaikh,(C.C.No.358/Ss/200 | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed against the company by an individual | Pending |
To see the full case history of Hari Steel Industries 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 Hari Steel Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hari Steel Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH1174N1ZE | Maharashtra | Active | 01 Jul 2017 |
| 24AABCH1174N2ZJ | Gujarat | Active | 19 Feb 2025 |
To see the full GST registrations and return filing status of Hari Steel Industries Limited, buy the company report.
Recent activity
Hari Steel Industries Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Heet Harish Chandarana ceased to be Additional Director on 29 Sep 2022.
AGM
Hari Steel Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Bank Of India of Rs. 4.89 Cr registered on 15 Sep 2018 with Charge ID 100206749 was modified on 25 Jul 2024.
Filing
Hari Steel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Heet Harish Chandarana ceased to be Additional Director.
Ceased
Dharmsh Kanjibhai Chandarana ceased to be Director.
Appointed
Heet Harish Chandarana was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 4.89 Cr with Charge ID 100206749 was registered on 15 Sep 2018.
Charges
A charge registered on 05 Nov 2009 via Charge ID 10187472 with Bank Of India was fully satisfied on 13 May 2016.
Charges
A charge registered on 05 Nov 2009 via Charge ID 10187471 with Bank Of India was fully satisfied on 13 May 2016.
Charges
A charge registered on 19 Mar 2003 via Charge ID 90148220 with Bank Of India was fully satisfied on 13 May 2016.
Ceased
Nemish Rameshbhai Trivedi ceased to be Director.
Charges
A charge with Bank Of India of Rs. 9.00 Cr registered on 05 Nov 2009 with Charge ID 10187471 was modified on 29 Sep 2011.
7 earlier events are in the company report.
Frequently asked questions
Hari Steel Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 23 March 2001 (25+ years old) and is registered under CIN U27109MH2001PLC131356.
Hari Steel Industries has 3 current directors:
- Harish Dharmshibhai Chandarana - Managing Director
- Heet Harish Chandarana - Director
- Sonal Harish Chandarana - Director
The latest financial statements of Hari Steel Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hari Steel Industries is 27AABCH1174N1ZE, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCH1174N2ZJ (Gujarat).
The CIN (Corporate Identification Number) of Hari Steel Industries is U27109MH2001PLC131356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hari Steel Industries has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending.
Hari Steel Industries was incorporated on 23 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Heet Harish Chandarana ceased to be Additional Director on 29 Sep 2022. Dharmsh Kanjibhai Chandarana ceased to be Director on 01 Dec 2021. Heet Harish Chandarana was appointed as Director on 01 Dec 2021. Hari Steel Industries has 6 board changes on record in total.
Yes, Hari Steel Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0141680).
Hari Steel Industries can be reached through the website haristeel.com. Its registered office is in Mumbai, Maharashtra, India.
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