Indobel Steels Private Limited

Indobel Steels Private Limited - metals and minerals in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U27104GJ2003PTC042938 Incorporated 19 September 2003 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company metals and minerals
Data last updated
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.8 Cr
Issued & subscribed
Open charges
₹45.71 Cr
Satisfied ₹3.38 Cr
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2025
Balance sheet date
Last AGM
29 Sep 2025
Annual general meeting

About Indobel Steels Private Limited

Data last updated:

Indobel Steels Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Parikh Steel Pvt Ltd. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27104GJ2003PTC042938. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors Pushpendra Tyagi and Karuna Parikh.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 311 312 Road No 12 GIDC Manjusar Tal Savli, Vadodara, Gujarat, India – 391165.

As per MCA filings, the company has open charges of ₹45.71 Cr and satisfied charges of ₹3.38 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U27104GJ2003PTC042938
Registration Number 042938
Incorporation Date 19 September 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Parikh Steel Pvt Ltd
Compliance Status Active Non-Compliant

Contact details

Indobel Steels Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No 311 312 Road No 12 GIDC Manjusar Tal Savli, Vadodara, Gujarat, India – 391165
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Indobel Steels Private Limited, buy the company report.

Comprehensive company report
Indobel Steels 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 Indobel Steels is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Indobel Steels Private Limited, buy the company report.

Financials of Indobel Steels Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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 Indobel Steels Private Limited, buy the company report.

Board of directors of Indobel Steels Private Limited

Indobel Steels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pushpendra TyagiDirector03 Dec 20205 Years 10 MonthsCurrent
Karuna ParikhAdditional Director06 Jul 201115 Years 3 MonthsCurrent

Auditor

Indobel Steels Private Limited is audited by N M N & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
N M N & ASSOCIATESFY 2021024341N

Shareholding

The shareholding of Indobel Steels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Indobel Steels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹45.71 Cr
Satisfied charges
₹3.38 Cr
Breakdown by lending institutions
State Bank of India₹37.58 Cr
Uti Bank Ltd.₹5.30 Cr
Anz Grindlays Bank₹2.50 Cr
The Shamrao Vithal Co- Op. Bank Ltd.₹0.20 Cr
Union Bank of India₹0.07 Cr
Others₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 200390379829Uti Bank Ltd.₹5.3 CrOpen
28 Mar 200290388750Union Bank of India₹7 LakhOpen
06 Nov 199590379618Anz Grindlays Bank₹2.5 CrOpen
18 Mar 199590379600State Bank of India₹37.58 CrOpen
20 Apr 198790379467The Shamrao Vithal Co- Op. Bank Ltd.₹20 LakhOpen

To see the full charge records of Indobel Steels Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Indobel Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Indobel Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Indobel Steels Private Limited, buy the company report.

Recent activity

Indobel Steels Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Pushpendra Tyagi was appointed as Director on 03 Dec 2020.

AGM
Indobel Steels Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Indobel Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Pushpendra Tyagi was appointed as Director.
Ceased
Rajen Amritlal Parikh ceased to be Director.
Ceased
Satya Jyoti Mukherjee ceased to be Director.
Charges
A charge registered on 30 Jun 2009 via Charge ID 10171420 with Punjab National Bank was fully satisfied on 17 Jun 2013.
Charges
A charge registered on 21 Oct 2004 via Charge ID 90388751 with Punjab National Bank was fully satisfied on 17 Jun 2013.
Ceased
Rajendra Vasantrai Parikh ceased to be Additional Director.
Ceased
Satyakam Basu ceased to be Director.
Appointed
Karuna Parikh was appointed as Additional Director.
Charges
A charge with Punjab National Bank of Rs. 3.23 Cr registered on 21 Oct 2004 with Charge ID 90388751 was modified on 24 Jun 2010.
Ceased
Sushil Kapoor ceased to be Additional Director.

14 earlier events are in the company report.

Frequently asked questions

Indobel Steels is an active private limited company based in Vadodara, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 September 2003 (23+ years old) and is registered under CIN U27104GJ2003PTC042938.

Indobel Steels has 2 current directors:

The latest financial statements of Indobel Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

No. Indobel Steels has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Indobel Steels is U27104GJ2003PTC042938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Indobel Steels has 1 court case on record: 1 filed by the company.

Indobel Steels was incorporated on 19 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Pushpendra Tyagi was appointed as Director on 03 Dec 2020. Rajen Amritlal Parikh ceased to be Director on 03 Dec 2020. Satya Jyoti Mukherjee ceased to be Director on 03 Dec 2020. Indobel Steels has 8 board changes on record in total.

The registered office of Indobel Steels is at Plot No 311 312 Road No 12 GIDC Manjusar Tal Savli, Vadodara, Gujarat, India – 391165.

Indobel Steels operates in the metals and minerals industry, in the metal retail and distribution segment.