Inducto Steels Limited - Company Profile

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1988.

1988 Mumbai, Maharashtra, India Active

Last Updated: December 23, 2025

About Inducto Steels Limited

Inducto Steels Limited, a active public limited company, was established on 29 November 1988 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the manufacturing sector, it holds CIN: L27100MH1988PLC194523. Registered under ROC Roc Mumbai. it is listed on BSE: 532001. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹4.02 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹90.58 Cr and a net worth of ₹43.05 Cr. Employing 114 professional, Its leadership includes Rajeev Shantisarup Reniwal (Nodal Officer), Sweety Rajeev Reniwal (Director), Tejasbhai Himmatbhai Thakker (Director). Past directors included Rakesh Shantisarup Reniwal, Prasant Natwarlal Agarwal, Bhoomi Vijay Rathod. It holds ₹100.00 Cr open charges and ₹196.65 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 156, Maker Chambers Vi 220 Jamnalal Bajaj Marg, Nariman Point, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
L27100MH1988PLC194523
Registration Number
194523
Incorporation Date
29 November 1988
Authorized Capital
₹5.50 Cr
Paid-Up Capital
₹4.02 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 532001)
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.50 Cr as on 23-12-2025
Paid Up Capital ₹ 4.02 Cr as on 23-12-2025
Company Age 37 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 100.00 Cr as on 23-12-2025
Satisfied Charges ₹ 196.65 Cr as on 23-12-2025
Revenue Growth **** 57.02% (FY 2023)
Profit Growth **** -74.48% (FY 2023)
Ebitda **** -43.95% (FY 2023)
Net Worth 1.37% (FY 2023)
Total Assets -28.01% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Inducto Steels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Inducto Steels Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajeev Shantisarup Reniwal	Nodal Officer	20 Nov 2019	Current
Sweety Rajeev Reniwal	Director	09 Mar 2002	Current
Tejasbhai Himmatbhai Thakker	Director	01 Apr 2024	Current
Manohar Hanumants Wagh	Director	01 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo	28 Mar 2018	Past
Pramod Abcsdd	Director	02 Jun 2014	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	30 Sep 2010	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	01 Feb 2010	Past

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Financial Performance of Inducto Steels.

Inducto Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.02% increase. The company also saw a substantial fall in profitability, with a 74.48% decrease in profit. The company's net worth moved up by a moderate rise of 1.37%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

57.02%

*******

Revenue from Operations

*******

56.67%

*******

Total Assets

*******

-28.01%

*******

Profit or Loss

*******

-74.48%

*******

Net Worth

*******

1.37%

*******

EBITDA

*******

-43.95%

*******

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What is the Ownership and Shareholding Structure of Inducto Steels?

In 2023, Inducto Steels had a promoter holding of 69.32% and a public holding of 30.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,000,000,000.00

Satisfied Charges

₹1,966,500,000.00

Charges Breakdown by Lending Institutions

Others : 100.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Jun 2023	Others	₹100.00 Cr	Open
18 Jan 2021	Axis Bank Limited	₹45.50 Cr	Satisfied
15 May 2002	Indian Overseas Bank	₹150.00 Cr	Satisfied
10 Oct 1995	Punjab National Bank	₹5.50 M	Satisfied
17 Jan 1994	Corporation Balnk	₹6.00 M	Satisfied

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How Many Employees Work at Inducto Steels?

Inducto Steels has a workforce of 114 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Inducto Steels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Inducto Steels's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Inducto Steels

Recent Activity within the Organization

Annual General Meeting

Inducto Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Director Appointment

Diana Pirzad Palia was appointed as a Company Secretary was appointed as a Company Secretary on 09 May 2025 & has been associated with this company since 9 months 6 days . was recorded as a recent event.
09 May 2025
Balance Sheet

Progress on Inducto Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

The activity Nishant Rajeev Reniwal was appointed as a Cfo was appointed as a Cfo on 29 Jan 2025 & has been associated with this company since 1 year 14 days . was completed.
29 Jan 2025
Director Appointment

Tejasbhai Himmatbhai Thakker was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.
01 Apr 2024
Director Appointment

Progress on Manohar Hanumants Wagh was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was documented.
01 Apr 2024

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