About Hira Steels Limited
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Hira Steels Limited is a public limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27104CT1994PLC008555. Its GSTIN is 22AAACH6166R1Z7 (Chattisgarh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹36.15 Cr and a paid-up capital of ₹18.74 Cr. It is led by directors including Pankaj Kumar Agrawal (Whole-Time Director) and Amit Agrawal (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 720/1 Rawabhata Industrial Area Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹195.71 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹8.2 Cr (net margin 4.2%) and EBITDA of ₹41.1 Cr (EBITDA margin 21%).
The company has about 126 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹132.27 Cr and satisfied charges of ₹148.94 Cr on record. Court records list 70 cases involving the company, including 51 filed by the company and 19 filed against it; 5 cases are pending. The company has 15 deals on record (11 secondary share transfers, 4 funding rounds), with disclosed funding of ₹97.17 Cr; the latest was in March 2023. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is T K Steel Rolling Mills Private Limited with revenue of ₹197.89 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 hiragroup.com.
Company details
CIN history
Hira Steels has one previous CIN (Corporate Identification Number): U27104MP1994PLC008555. The current CIN is U27104CT1994PLC008555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104CT1994PLC008555 | Current |
| U27104MP1994PLC008555 | Previous |
Contact details
Hira Steels Limited's registered office is in Raipur, Chhattisgarh. Its website is hiragroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address720/1 Rawabhata Industrial Area Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Hira 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
Business activity
The main business activity of Hira 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 Hira Steels Limited, buy the company report.
Financials of Hira Steels Limited
FY 2025 filings availableHira Steels Limited reported revenue of ₹195.71 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA rose 66% in the latest 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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| EBITDA | ₹41.1 Cr | ||||
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| Net Profit (PAT) | ₹8.2 Cr | ||||
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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 | 21% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hira Steels Limited, buy the company report.
Board of directors of Hira Steels Limited
Hira Steels has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar | Director | 17 Aug 2019 | 7 Years 2 Months | Current |
| Niket Khandelwal Also directs: Hira Power and Steels Limited, Hira Infra-Tek Limited | Director | 02 Sep 2016 | 10 Years 2 Months | Current |
| Pankaj Kumar Agrawal Also directs: Jyotsna Green Products Private Limited, Vrajesh Steels Private Limited, Arnav Solar Power Private Limited and 1 more | Whole-Time Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Amit Agrawal Also directs: Shree Jagdamba Energy LLP, Amit Real Estate LLP, Tashu Realty Private Limited and 5 more | Whole-Time Director | 28 Jul 2004 | 22 Years 3 Months | Current |
| Poonam Agrawal Also directs: Vrajesh Steels Private Limited, Arnav Solar Power Private Limited | Director | 10 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Hira Steels Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| T K Steel Rolling Mills Private Limited | ₹197.89 Cr (FY 2025) | 11.0% | Ludhiana, Punjab, India | |||
| G.D. Metsteel Private Limited | ₹197.84 Cr (FY 2025) | 26.0% | Pune, Maharashtra, India | |||
| Avdesh Steel Works Private Limited | ₹197.83 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Proxima Steel Forge Private Limited | ₹197.74 Cr (FY 2025) | 36.0% | Punjab, India | |||
| Hira Steels Limitedthis company | ₹195.71 Cr (FY 2025) | ₹8.2 Cr | 4.2% | -37.0% | 126 | Raipur, Chhattisgarh, India |
| Mankasia Steel Private Limited | ₹195.65 Cr (FY 2025) | -6.0% | Howrah, West Bengal, India | |||
| U P Bone Mills Private Limited | ₹195.6 Cr (FY 2023) | 46.0% | Delhi, India | |||
| Shree Shyamsunder Alloys Private Limited | ₹195.12 Cr (FY 2025) | 7.0% | Gandhinagar, Gujarat, India | |||
| Silcon Steels Private Limited | ₹195.06 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hira Steels Limited, buy the company report.
Auditor
Hira Steels Limited is audited by Singhi & Co, for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co, | FY 2023 | 302049E |
Shareholding
The shareholding of Hira 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 Hira Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2026 | 101239377 | Others | ₹80.23 Lakh | Open | |
| 01 Feb 2023 | 100680057 | Idbi Bank Limited | ₹57.2 Cr | Open | |
| 01 Feb 2023 | 100680060 | Idbi Bank Limited | ₹5.29 Cr | Open | |
| 28 Apr 2022 | 100582806 | Hdfc Bank Limited | ₹100 Lakh | Open | |
| 10 Dec 2021 | 100510027 | Idbi Bank Limited | ₹37.98 Cr | Open |
To see the full charge records of Hira Steels Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Hira Steels Limited has 15 deals on record (11 secondary share transfers, 4 funding rounds), with disclosed funding of ₹97.17 Cr; the latest was in March 2023.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Seller: Godawari Power and Ispat Limited , Raipur Infrastructure Company Limited , N P Agrawal Huf |
| Mar 2021 | Funding round | ₹19.5 Cr | Investors: Jagdamba Power and Alloys Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Oshin Investment & Finance Private Limited Seller: Bhadrawati Ispat & Energy Limited |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: Raipur Infrastructure Company Limited Seller: Godawari Power and Ispat Limited |
| Oct 2011 | Funding round | ₹24.75 Cr | Investors: Bhadrawati Steel & Urja Limited , Bhadrawati Ispat & Energy Limited |
To see the full deal history of Hira Steels 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
Hira Steels Limited has 70 court cases on record: 51 filed by Hira Steels, 19 filed against it. 5 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 17 | 2 |
| District courts | 29 | 1 | 3 |
| Supreme Court | 5 | 1 | 0 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GOA | Writ petition | Filed against the company by Naik Mines and Ores India Pvt. Ltd THR Rep. Anil Naik | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Upsurge Multitrade Pvt Ltd., | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Upsurge Multitrade Pvt Ltd | Disposed |
| High Court of Chhattisgarh | Court case (ACQA) | Filed by the company against an individual | Pending |
| District court, Tirunelveli, Tamil Nadu | Civil suit | Filed against the company by individuals | Pending |
To see the full case history of Hira 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 Hira Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hira Steels has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Jyotsna Green Products Private Limited | U15549CT2021PTC011320 | |
| Vrajesh Steels Private Limited | U27320CT2020PTC010357 |
To see the full group structure of Hira Steels Limited, buy the company report.
Employees & EPFO
Hira Steels Limited has a workforce of 126 employees on its EPFO records as of Nov 15, 2024, across 1 active EPFO establishment.
GST
Hira Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACH6166R1Z7 | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hira Steels Limited, buy the company report.
Recent activity
Hira Steels Limited has 19 board changes on record since 2004: 5 appointments and 14 cessations. The latest: Pankaj Kumar Agrawal was appointed as Whole-Time Director on 30 Sep 2024.
38 earlier events are in the company report.
Frequently asked questions
Hira Steels is an active public limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 August 1994 (32+ years old) and is registered under CIN U27104CT1994PLC008555.
Hira Steels has 5 current directors:
- Pankaj Kumar Agrawal - Whole-Time Director
- Amit Agrawal - Whole-Time Director
- Rajesh Kumar - Director
- Niket Khandelwal - Director
- Poonam Agrawal - Director
The latest financial statements of Hira 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 Hira Steels is 22AAACH6166R1Z7, registered in Chattisgarh. 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 Hira Steels is U27104CT1994PLC008555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hira Steels has 70 court cases on record: 51 filed by the company and 19 filed against it. 5 are pending. Most are in the high courts.
Hira Steels was incorporated on 16 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Hira Steels has 15 deals on record (11 secondary share transfers, 4 funding rounds), with disclosed funding of ₹97.17 Cr; the latest was in March 2023.
The peers of Hira Steels by revenue are T K Steel Rolling Mills Private Limited, G.D. Metsteel Private Limited, Avdesh Steel Works Private Limited, Proxima Steel Forge Private Limited, Mankasia Steel Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pankaj Kumar Agrawal was appointed as Whole-Time Director on 30 Sep 2024. Poonam Agrawal ceased to be Additional Director on 29 Sep 2024. Pankaj Kumar Agrawal ceased to be Additional Director on 24 May 2024. Hira Steels has 19 board changes on record in total.
Hira Steels can be reached through the website hiragroup.com. Its registered office is in Raipur, Chhattisgarh, India.
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