MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-58-0003303
Ishwar Steels Private Limited
Ishwar Steels Private Limited - metal & minerals in Muzaffarnagar, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹41,613
▼ 88% YoY
Net loss · FY 2023
₹8,091
Net margin -19.4%
EBITDA · FY 2023
₹7,113
EBITDA margin 17.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹7.15 Lakh
Issued & subscribed
Company age
48 yrs
Est. 1978
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Ishwar Steels Private Limited
Data last updated:
Ishwar Steels Private Limited is a private limited company based in Muzaffarnagar, Uttar Pradesh, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 28 March 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U27320UP1978PTC004586.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.15 Lakh. It is led by directors including Madan Lalbhatia and Vijay Kumar Bhatia.
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 C/O Kanika Steels Private Limited Meerut Road, Muzaffarnagar, Uttar Pradesh, India – 251003.
As per the financials filed for FY 2023, the company reported a revenue of ₹41,613, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹8,091 (net margin -19.4%) and EBITDA of ₹7,113 (EBITDA margin 17.1%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 61% over five years.
Ishwar Steels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-58-0003303). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U27320UP1978PTC004586
Registration Number 004586
Incorporation Date 28 March 1978
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-58-0003303
Recognitions & Rankings of Ishwar Steels
Contact details
Ishwar Steels Private Limited's registered office is in Muzaffarnagar, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Kanika Steels Private Limited Meerut Road, Muzaffarnagar, Uttar Pradesh, India – 251003
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Ishwar Steels Private Limited, buy the company report.
Comprehensive company report
Ishwar 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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Secure checkout · GST invoice included
Business activity
The main business activity of Ishwar 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 Ishwar Steels Private Limited, buy the company report.
Financials of Ishwar Steels Private Limited
FY 2025 filings availableIshwar Steels Private Limited reported revenue of ₹41,613 (down 88% YoY) for FY 2023.
Revenue · FY 2023
₹41,613 ▼ 88%
Net loss · FY 2023
₹8,091 margin -19.4%
EBITDA · FY 2023
₹7,113 margin 17.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 83%
5 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 91%
5 years · compounded
▼ 72%
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 88% fall in the latest year. EBITDA fell 98% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹7,113 | ||||
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| Net Profit (PAT) | -₹8,091 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | -19.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ishwar Steels Private Limited, buy the company report.
Board of directors of Ishwar Steels Private Limited
Ishwar Steels has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Lalbhatia | Director | 28 Mar 1978 | 48 Years 6 Months | Current |
| Vijay Kumar Bhatia | Director | 28 Mar 1978 | 48 Years 6 Months | Current |
| Madan Lal Bhatia | Director | 28 Mar 1978 | 48 Years 6 Months | Current |
Peer comparison
Ishwar Steels Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Yashoda Special Metals Pvt Ltd | ₹44,374 (FY 2024) | Hyderabad, Telangana, India | ||||
| Shekar Cargo Containers Private Limited | ₹43,695 (FY 2018) | -94.0% | Coimbatore, Tamil Nadu, India | |||
| Tapale Inorganics Private Limited | ₹43,271 (FY 2021) | -70.0% | Badlapur, Maharashtra, India | |||
| Golden Globe Gems Private Limited | ₹42,500 (FY 2025) | -66.0% | New Delhi, Delhi, India | |||
| Quality Zinc Private Limited | ₹42,440 (FY 2025) | -98.0% | Samba, Jammu and Kashmir, India | |||
| Ishwar Steels Private Limitedthis company | ₹41,613 (FY 2023) | -₹8,091 | -19.4% | -88.0% | Muzaffarnagar, Uttar Pradesh, India | |
| H & H Traders and Manufacturers Private Limited | ₹40,823 (FY 2024) | Thane, Maharashtra, India | ||||
| R.K. Ispat Limited | ₹40,500 (FY 2025) | -29.0% | Bhiwani, Haryana, India | |||
| Godeera Metals Private Limited | ₹40,441 (FY 2024) | Belgaum, Karnataka, India | ||||
| Reddiar Tools Private Limited | ₹39,490 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Vikraya Steel Private Limited | ₹39,394 (FY 2024) | 50.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Ishwar Steels Private Limited, buy the company report.
Shareholding
The shareholding of Ishwar Steels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ishwar Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishwar Steels Private Limited 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 Ishwar Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ishwar Steels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ishwar Steels Private Limited has 3 board changes on record since 1978: 3 appointments. The latest: Madan Lal Bhatia was appointed as Director on 28 Mar 1978.
AGM
Ishwar Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ishwar Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Appointed
Madan Lal Bhatia was appointed as Director.
Appointed
Madan Lalbhatia was appointed as Director.
Appointed
Vijay Kumar Bhatia was appointed as Director.
Incorporation
28 Mar 1978
Ishwar Steels Private Limited was registered on 28 Mar 1978 with Roc Kanpur & aged 48 years 6 months as per MCA records.
Frequently asked questions
Ishwar Steels is an active private limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 28 March 1978 (48+ years old) and is registered under CIN U27320UP1978PTC004586.
Ishwar Steels has 3 current directors:
- Madan Lalbhatia - Director
- Vijay Kumar Bhatia - Director
- Madan Lal Bhatia - Director
The latest financial statements of Ishwar 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 CIN (Corporate Identification Number) of Ishwar Steels is U27320UP1978PTC004586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishwar Steels was incorporated on 28 March 1978, making it 48+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Ishwar Steels by revenue are Yashoda Special Metals Pvt Ltd, Shekar Cargo Containers Private Limited, Tapale Inorganics Private Limited, Golden Globe Gems Private Limited, Quality Zinc Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Madan Lal Bhatia was appointed as Director on 28 Mar 1978. Madan Lalbhatia was appointed as Director on 28 Mar 1978. Vijay Kumar Bhatia was appointed as Director on 28 Mar 1978.
Yes, Ishwar Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-58-0003303).
The registered office of Ishwar Steels is at CO Kanika Steels Private Limited Meerut Road, Muzaffarnagar, Uttar Pradesh, India – 251003.
Ishwar Steels operates in the metal and minerals industry, in the metalworking segment.
The compliance status of Ishwar Steels is active non-compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.