Ice Steel 1 Private Limited

Ice Steel 1 Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U27107MH2007PTC176013 Incorporated 19 November 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹203.49 Cr
▼ 1% YoY
Net profit · FY 2025
₹2.01 Cr
Net margin 1%
EBITDA · FY 2025
₹30.46 Cr
EBITDA margin 15%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.69 Cr
Issued & subscribed
Open charges
₹141.54 Cr
Satisfied ₹138.37 Cr
Company age
19 yrs
Est. 2007
Directors on board
5
As per MCA filings

About Ice Steel 1 Private Limited

Data last updated:

Ice Steel 1 Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Arcelormittal Netherlands Bv. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 November 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27107MH2007PTC176013. Its GSTIN is 27AACCD7385E2ZI (Maharashtra). The company holds 6 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.69 Cr. It was formerly known as Arcelormittal Dhamm Processing Private Limited and Arcelor Mittal Dhamm Processing Private Limited. It is led by directors including Dhruv Sriratan Moondhra (Managing Director) and Kalyan Ghosh.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No. 7 & 8 1st Floor Onlooker Building Sir Pherozeshah Mehta Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹203.49 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 1%) and EBITDA of ₹30.46 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.

As per MCA filings, the company has open charges of ₹141.54 Cr and satisfied charges of ₹138.37 Cr on record. Court records list 34 cases involving the company, including 16 filed by the company and 18 filed against it; 3 cases are pending. The company has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹57.37 Cr; the latest was in May 2021. Its 5 peer companies in the Metals and Minerals industry (Engineering Procurement and Construction, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Kedaar Metaliks Private Limited with revenue of ₹204.73 Cr. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 952 overdue payments to 92 micro and small suppliers.

Ice Steel 1 Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0040093). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steel1india.com.

Company details

CIN U27107MH2007PTC176013
Registration Number 176013
Incorporation Date 19 November 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Arcelormittal Netherlands Bv
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0040093

Name history

Ice Steel 1 has undergone 3 name changes throughout its history. The company was previously known as Arcelormittal Dhamm Processing Private Limited, Arcelor Mittal Dhamm Processing Private Limited, and Dhamm Steel Processing Private Limited. The current legal name is Ice Steel 1 Private Limited.

Company NameStatus
Ice Steel 1 Private LimitedCurrent
Arcelormittal Dhamm Processing Private LimitedPrevious
Arcelor Mittal Dhamm Processing Private LimitedPrevious
Dhamm Steel Processing Private LimitedPrevious
Key People
Neeraj Kumar Ceo Dhruv Sriratan Moondhra Managing Director Kalyan Ghosh Director

Recognitions & Rankings of Ice Steel 1

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-02-0040093

Contact details

Ice Steel 1 Private Limited's registered office is in Mumbai, Maharashtra. Its website is steel1india.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    steel1india.com
  • Registered Address
    Room No. 7 & 8 1st Floor Onlooker Building Sir Pherozeshah Mehta Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Ice Steel 1 Private Limited, buy the company report.

Comprehensive company report
Ice Steel 1 Private 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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Business activity

The main business activity of Ice Steel 1 is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Ice Steel 1 Private Limited, buy the company report.

Financials of Ice Steel 1 Private Limited

FY 2025 filings available

Ice Steel 1 Private Limited reported revenue of ₹203.49 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹203.49 Cr ▼ 1%
Net profit · FY 2025
₹2.01 Cr margin 1%
EBITDA · FY 2025
₹30.46 Cr margin 15%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 10%
5 years · compounded
▲ 9%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹30.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.01 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15%
Net Profit Margin1%
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 Ice Steel 1 Private Limited, buy the company report.

Board of directors and KMP of Ice Steel 1 Private Limited

Ice Steel 1 Private Limited currently reports 4 directors and 1 key managerial person. 13 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Kalyan Ghosh
Also directs: Seregarha Mines Private Limited, Arcelormittal Building Solutions India Private Limited, Arcelormittal Ventures India Private Limited and 5 more
Director30 Jan 20215 Years 9 MonthsCurrent
Chandrababu Athipatla
Also directs: Home Game Sports Arena Private Limited, Yazhi Football Club Private Limited
Director01 Aug 201511 Years 3 MonthsCurrent
Dhruv Sriratan Moondhra
Also directs: TTK Prestige Limited, Ice Steel 1 Enterprises Private Limited, Steel Endeavours Private Limited and 3 more
Managing Director19 Nov 200718 Years 11 MonthsCurrent
Christophe Paul Claude Jacamon
Also directs: Arcelormittal Building Solutions India Private Limited
Director20 Mar 201313 Years 7 MonthsCurrent
Neeraj Kumar
Also directs: Raicam Automotive Private Limited
Ceo04 Nov 20242 Years 0 MonthsCurrent
View all directors and KMP

Peer comparison

Ice Steel 1 Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Engineering Procurement and Construction, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kedaar Metaliks Private Limited₹204.73 Cr (FY 2025)17.0%Delhi, India
Mark Alloys Private Limited₹204.09 Cr (FY 2025)-19.0%Prantij, Gujarat, India
Ice Steel 1 Private Limitedthis company₹203.49 Cr (FY 2025)₹2.01 Cr1%-1.0%Mumbai, Maharashtra, India
Radiant Bar Private Limited₹203.33 Cr (FY 2024)-24.0%Muzaffarnagar, Uttar Pradesh, India
Meenakshi Ferro Ingots Private Limited₹203.03 Cr (FY 2025)-7.0%Jhansi, Uttar Pradesh, India
P.M.P. Iron and Steels (India) Limited₹202.89 Cr (FY 2024)42.0%Aminijikarai, Chennai, Tamil Nadu, India

To see the full peer comparison of Ice Steel 1 Private Limited, buy the company report.

Auditor

Ice Steel 1 Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & SellsFY 2023008072S

Shareholding

The shareholding of Ice Steel 1 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ice Steel 1 Private Limited, buy the company report.

Charges & borrowings

Open charges
₹141.54 Cr
Satisfied charges
₹138.37 Cr
Breakdown by lending institutions
Others₹117.00 Cr
Sidbi₹24.54 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Mar 2025101075218Others₹50 CrOpen
06 Mar 2025101059795Sidbi₹24.54 CrOpen
29 Jun 2024100940215Others₹67 CrOpen
16 Sep 2019100299587Vijaya Bank₹4.55 CrSatisfied
24 Feb 2019100248516Others₹20 CrSatisfied

To see the full charge records of Ice Steel 1 Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Ice Steel 1 Private Limited has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹57.37 Cr; the latest was in May 2021.

Total deals
8
Funding rounds
4
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹57.37 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2016Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Dhamm Steel Services Private Limited
May 2014Rights issue₹17 LakhInvestors: Arcelormittal Netherlands Bv, Dhamm Steel Services Private Limited , Dhruv Moondhra Trust
Jun 2010Funding round₹7.78 CrInvestors: Arcelormittal Netherlands Bv, Dhamm Steel Services Private Limited
Jan 2008Funding round₹3.19 CrInvestors: Dhamm Steel Services Private Limited
Jan 2008Secondary share transferUndisclosedBuyer: Dhamm Steel Services Private Limited
Seller: 2 individuals

To see the full deal history of Ice Steel 1 Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ice Steel 1 Private Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 952 overdue payments to 92 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 92)

SupplierAmount dueDue sinceReported on
Premier Carbonic Pvt Ltd
Dharshini Enterprises
an individual supplier
Southern Packaging
an individual supplier

To see the full MSME payment records of Ice Steel 1 Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Ice Steel 1 has 6 GST registrations: 4 active and 2 cancelled or inactive.

Total GSTINs
6
Active
4
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AACCD7385E2ZIMaharashtraActive04 May 2018
24AACCD7385E1ZPGujaratActive01 Jul 2017
33AACCD7385E1ZQTamil NaduActive01 Jul 2017
36AACCD7385E1ZKTelanganaActive26 Mar 2019

To see the full GST registrations and return filing status of Ice Steel 1 Private Limited, buy the company report.

Recent activity

Ice Steel 1 Private Limited has 18 board changes on record since 2007: 5 appointments and 13 cessations. The latest: Neeraj Kumar was appointed as CEO on 04 Nov 2024.

AGM
Ice Steel 1 Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Ice Steel 1 Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101075218 was registered on 26 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 24.54 Cr with Charge ID 101059795 was registered on 06 Mar 2025.
Charges
A charge with Others of Rs. 67.00 Cr registered on 29 Jun 2024 with Charge ID 100940215 was modified on 01 Feb 2025.
Appointed
Neeraj Kumar was appointed as CEO.
Charges
A charge with Others amounted to Rs. 67.00 Cr with Charge ID 100940215 was registered on 29 Jun 2024.
Charges
A charge registered on 26 May 2010 via Charge ID 10230908 with Indian Overseas Bank was fully satisfied on 05 Apr 2022.
Charges
A charge registered on 24 Oct 2008 via Charge ID 10132856 with Indian Overseas Bank was fully satisfied on 05 Feb 2022.
Charges
A charge registered on 16 Sep 2019 via Charge ID 100299587 with Vijaya Bank was fully satisfied on 19 Jan 2022.
Charges
A charge registered on 14 Feb 2018 via Charge ID 100202730 with Vijaya Bank was fully satisfied on 19 Jan 2022.
Charges
A charge registered on 28 Sep 2017 via Charge ID 100125914 with Vijaya Bank was fully satisfied on 19 Jan 2022.

39 earlier events are in the company report.

Frequently asked questions

Ice Steel 1 is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 November 2007 (19+ years old) and is registered under CIN U27107MH2007PTC176013.

Ice Steel 1 has 5 current directors and KMP:

The latest financial statements of Ice Steel 1 on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ice Steel 1 is 27AACCD7385E2ZI, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 24AACCD7385E1ZP (Gujarat), 33AACCD7385E1ZQ (Tamil Nadu), 36AACCD7385E1ZK (Telangana).

The CIN (Corporate Identification Number) of Ice Steel 1 is U27107MH2007PTC176013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ice Steel 1 has 34 court cases on record: 16 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.

Ice Steel 1 was incorporated on 19 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

Ice Steel 1 has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹57.37 Cr; the latest was in May 2021.

The peers of Ice Steel 1 by revenue are Kedaar Metaliks Private Limited, Mark Alloys Private Limited, Radiant Bar Private Limited, Meenakshi Ferro Ingots Private Limited, P.M.P. Iron and Steels (India) Limited, all in the Metals and Minerals industry (Engineering Procurement and Construction, Steel), with the same principal business activity (metal and metal products).

Neeraj Kumar was appointed as CEO on 04 Nov 2024. Kalyan Ghosh was appointed as Director on 30 Jan 2021. Devvrat Moondhra ceased to be Director on 22 Jul 2020. Ice Steel 1 has 18 board changes on record in total.

Yes, Ice Steel 1 is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0040093).

Ice Steel 1 has 16 MSME Form 1 returns on record between 2018 and 2024, listing 952 overdue payments to 92 micro and small suppliers. The latest return was filed on 30 Apr 2024.