I R C Steels Ltd
About I R C Steels Ltd
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I R C Steels Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 July 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45208WB1966PLC024114. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh. It was formerly known as I.R.C. Weldmesh Limited and I.R.C. Weldmesh Private Limited. It is led by directors including Nisha Saraff Bagaria and Rishi Kumar Bagaria.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1A Rameshwar Shaw Road, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.3 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.67 Lakh (net margin 14.6%) and EBITDA of ₹2.72 Lakh (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 686% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
I R C Steels has undergone 2 name changes throughout its history. The company was previously known as I.R.C. Weldmesh Limited, and I.R.C. Weldmesh Private Limited. The current legal name is I R C Steels Ltd.
| Company Name | Status |
|---|---|
| I R C Steels Ltd | Current |
| I.R.C. Weldmesh Limited | Previous |
| I.R.C. Weldmesh Private Limited | Previous |
CIN history
I R C Steels has one previous CIN (Corporate Identification Number): U45208WB1966PTC024114. The current CIN is U45208WB1966PLC024114, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45208WB1966PLC024114 | Current |
| U45208WB1966PTC024114 | Previous |
Contact details
I R C Steels Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1A Rameshwar Shaw Road, Kolkata, West Bengal, India – 700014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of I R C Steels Ltd, 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 I R C Steels 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 I R C Steels Ltd, buy the company report.
Financials of I R C Steels Ltd
FY 2025 filings availableI R C Steels Ltd reported revenue of ₹18.3 Lakh (up 290% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 290% growth in the latest year. EBITDA rose 221% 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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| EBITDA | ₹2.72 Lakh | ||||
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| Net Profit (PAT) | ₹2.67 Lakh | ||||
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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 | 14.8% | ||||
| Net Profit Margin | 14.6% | ||||
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To see the full financial statements and ratios of I R C Steels Ltd, buy the company report.
Board of directors of I R C Steels Ltd
I R C Steels has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Saraff Bagaria | Director | 24 Oct 2000 | 26 Years 0 Months | Current |
| Rishi Kumar Bagaria Also directs: R.K. Iron Company Ltd, K.B. Motors Pvt Ltd, K.G.B. Realtors Private Limited and 1 more | Director | 06 Jul 2001 | 25 Years 3 Months | Current |
| Vasuda Bagaria Also directs: H G Commercial Pvt Ltd | Director | 30 Oct 2009 | 16 Years 11 Months | Current |
| Anil Kumar Bagaria | Director | 15 Jun 1998 | 28 Years 4 Months | Current |
Auditor
I R C Steels Ltd is audited by K BOTHRA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K BOTHRA & COMPANY | FY 2023 | 313020E |
Shareholding
The shareholding of I R C Steels Ltd 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I R C Steels Ltd, buy the company report.
Legal cases
No court or tribunal cases involving I R C Steels Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for I R C Steels Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I R C Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of I R C Steels Ltd, buy the company report.
Recent activity
I R C Steels Ltd has 6 board changes on record since 1998: 4 appointments and 2 cessations. The latest: Subhas Chandra Dutta ceased to be Director on 30 Jun 2014.
Frequently asked questions
I R C Steels is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 July 1966 (60+ years old) and is registered under CIN U45208WB1966PLC024114.
I R C Steels has 4 current directors:
- Nisha Saraff Bagaria - Director
- Rishi Kumar Bagaria - Director
- Vasuda Bagaria - Director
- Anil Kumar Bagaria - Director
The latest financial statements of I R C Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
No. I R C Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of I R C Steels is U45208WB1966PLC024114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I R C Steels was incorporated on 14 July 1966, making it 60+ years old. It is registered with the Registrar of Companies, Kolkata.
Subhas Chandra Dutta ceased to be Director on 30 Jun 2014. Kishan Gopal Bagaria ceased to be Director on 31 Oct 2009. Vasuda Bagaria was appointed as Director on 30 Oct 2009. I R C Steels has 6 board changes on record in total.
The registered office of I R C Steels is at 1A Rameshwar Shaw Road, Kolkata, West Bengal, India – 700014.
I R C Steels operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of I R C Steels is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.