Heavy Steel Private Limited
About Heavy Steel Private Limited
Data last updated:
Heavy Steel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 12 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2009PTC196402. Its GSTIN is 27AACCH3958H1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chirag Navinchandra Shah and Krutika Vijay Dasarwad.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.9 Cr, a growth of 144% compared to the previous year. For the same year it recorded a net profit of ₹3.18 Lakh (net margin 0.5%) and EBITDA of ₹4.3 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 382% over three years and 36% over five years.
Court records list 33 cases involving the company, including 13 filed by the company and 20 filed against it; 26 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Heavy Steel Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 B & C Floor – Grd Plot – 396 Kamat Industrial Estate, Swatantrya Veer Savarkar Marg Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Heavy Steel 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
Business activity
The main business activity of Heavy Steel is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Heavy Steel Private Limited, buy the company report.
Financials of Heavy Steel Private Limited
FY 2025 filings availableHeavy Steel Private Limited reported revenue of ₹5.9 Cr (up 144% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 144% growth in the latest year. EBITDA rose 186% 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 | ₹4.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.18 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 | 0.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Heavy Steel Private Limited, buy the company report.
Board of directors of Heavy Steel Private Limited
Heavy Steel has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Navinchandra Shah Also directs: Bridge Infra Private Limited, Tanvishtrading Private Limited, Devika Trading Private Limited and 1 more | Director | 19 Aug 2024 | 2 Years 2 Months | Current |
| Krutika Vijay Dasarwad Also directs: Bridge Infra Private Limited, Tanvishtrading Private Limited, Devika Trading Private Limited and 1 more | Additional Director | 17 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Heavy Steel Private Limited is audited by MR. BHARAT VYAS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MR. BHARAT VYAS | FY 2023 | 433838 |
Shareholding
The shareholding of Heavy Steel 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Heavy Steel Private Limited, buy the company report.
Legal cases
Heavy Steel Private Limited has 33 court cases on record: 13 filed by Heavy Steel, 20 filed against it. 26 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 25 | 16 | 22 |
| NCLT | 4 | 3 | 1 |
| District courts | 3 | 0 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against M/S Praxis Home Retail Limited Hometown Through Its Directors/Authorized Signatory Mushtaq Nadaf | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Acrow Constructions Private Limited and 3 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Alpha (India) Properties Ltd. and 18 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Alpha (India) Properties Ltd. and 18 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Alpha (India) Properties Ltd. and 18 others | Disposed |
To see the full case history of Heavy Steel 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heavy Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heavy Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH3958H1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Heavy Steel Private Limited, buy the company report.
Recent activity
Heavy Steel Private Limited has 11 board changes on record since 2017: 2 appointments and 9 cessations. The latest: Chirag Navinchandra Shah was appointed as Director on 19 Aug 2024.
2 earlier events are in the company report.
Frequently asked questions
Heavy Steel is an active private limited company based in Mumbai, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 12 October 2009 (17+ years old) and is registered under CIN U74999MH2009PTC196402.
Heavy Steel has 2 current directors:
- Chirag Navinchandra Shah - Director
- Krutika Vijay Dasarwad - Additional Director
The latest financial statements of Heavy Steel 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 Heavy Steel is 27AACCH3958H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Heavy Steel is U74999MH2009PTC196402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heavy Steel has 33 court cases on record: 13 filed by the company and 20 filed against it. 26 are pending. Most are in the nclat.
Heavy Steel was incorporated on 12 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Chirag Navinchandra Shah was appointed as Director on 19 Aug 2024. Karmbir Singh ceased to be Additional Director on 19 Aug 2024. Krutika Vijay Dasarwad was appointed as Additional Director on 17 Aug 2024. Heavy Steel has 11 board changes on record in total.
The registered office of Heavy Steel is at 7 B & C Floor – Grd Plot – 396 Kamat Industrial Estate, Swatantrya Veer Savarkar Marg Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025.
Heavy Steel operates in the manufacturing industry, in the die casting and metal forming segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
