- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-10-0007520

Lal Steels Private Limited
About Lal Steels Private Limited
Data last updated:
Lal Steels Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27109TZ1995PTC005710. Its GSTIN is 32AAACL5551C1Z2 (Kerala). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors including Rathanlal Tantia (Managing Director) and Manju Tantia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 6 Cheran Nagar Mettupalayam Road, Coimbatore, Tamil Nadu, India – 641029.
As per the financials filed for FY 2024, the company reported a revenue of ₹162.6 Cr. For the same year it recorded a net profit of ₹52.2 Lakh (net margin 0.3%) and EBITDA of ₹2.76 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.03 Cr on record. Court records list 22 cases involving the company, including 20 filed by the company and 2 filed against it; 2 cases are pending.
Lal Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0007520). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Lal Steels
Contact details
Lal Steels Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 6 Cheran Nagar Mettupalayam Road, Coimbatore, Tamil Nadu, India – 641029
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Lal Steels Private Limited, 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 Lal 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 Lal Steels Private Limited, buy the company report.
Financials of Lal Steels Private Limited
FY 2024 filings availableLal Steels Private Limited reported revenue of ₹162.6 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.2 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Lal Steels Private Limited, buy the company report.
Board of directors of Lal Steels Private Limited
Lal Steels has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Tantia Also directs: Ratanlal Steels Private Limited | Director | 02 Oct 2006 | 20 Years 1 Months | Current |
| Rathanlal Tantia Also directs: Ratanlal Steels Private Limited | Managing Director | 20 Jan 1995 | 31 Years 9 Months | Current |
| Sunny Tantia Also directs: Ratanlal Steels Private Limited | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Renu Tantia | Director | 02 Oct 2006 | 20 Years 1 Months | Current |
| Yash Tantia | Director | 22 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Lal Steels Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with 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 |
|---|---|---|---|---|---|---|
| Kaushal Ferro Metals Private Limited | ₹163.73 Cr (FY 2025) | 3.0% | Badabahal, Odisha, India | |||
| Sukh Steels Private Limited | ₹163.37 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Sul Steel Private Limited | ₹163.32 Cr (FY 2020) | -12.0% | Kolkata, West Bengal, India | |||
| Satya Power and Ispat Limited | ₹163.16 Cr (FY 2025) | -8.0% | Bilaspur, Chhattisgarh, India | |||
| Lal Steels Private Limitedthis company | ₹162.6 Cr (FY 2024) | ₹52.2 Lakh | 0.3% | 37 | Coimbatore, Tamil Nadu, India | |
| Mahavir Steel Industries Ltd | ₹162.49 Cr (FY 2025) | -18.0% | Pune, Maharashtra, India | |||
| Navbharat Tubes Private Limited | ₹162.29 Cr (FY 2025) | 5.0% | Jaipur, Rajasthan, India | |||
| Balbir Metals & Power Private Limited | ₹162.16 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Ramayna Ispat Private Limited | ₹161.98 Cr (FY 2025) | -20.0% | Delhi, India |
To see the full peer comparison of Lal Steels Private Limited, buy the company report.
Auditor
Lal Steels Private Limited is audited by Balakrishnan Muralidharan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishnan Muralidharan | FY 2023 | 203288 |
Shareholding
The shareholding of Lal Steels 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lal Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2010 | 10240922 | The Federal Bank Limited | ₹5 Lakh | Open | |
| 22 Mar 1999 | 90000930 | State Bank of India | ₹9.98 Cr | Open |
To see the full charge records of Lal Steels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Lal Steels Private Limited has 22 court cases on record: 20 filed by Lal Steels, 2 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 0 | 2 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of State Tax, and 2 others | Pending |
| High Court, Kerala | Writ petition | Filed by the company against The Assistant Commissioner and 1 other | Pending |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against The Asst. Commissioner, State GST Department and 2 others | Disposed |
| District court, Palakkad, Kerala | Court case (OP MV) | Filed against the company by an individual | Disposed |
To see the full case history of Lal Steels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Lal Steels Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M A Steels Private Limited | |||
| K.R.Alloys | |||
| Kuttippulan Iron and Steel Company Private Limited | |||
| Krishna Steel Rolling Mill |
To see the full MSME payment records of Lal Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lal Steels Private Limited has a workforce of 37 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Lal Steels has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACL5551C1Z2 | Kerala | Active | 01 Jul 2017 |
| 32AAACL5551C1DB | Kerala | Active | 20 Nov 2024 |
To see the full GST registrations and return filing status of Lal Steels Private Limited, buy the company report.
Recent activity
Lal Steels Private Limited has 11 board changes on record since 1995: 6 appointments and 5 cessations. The latest: Yash Tantia was appointed as Director on 22 Feb 2025.
5 earlier events are in the company report.
Frequently asked questions
Lal Steels is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 January 1995 (31+ years old) and is registered under CIN U27109TZ1995PTC005710.
Lal Steels has 5 current directors:
- Rathanlal Tantia - Managing Director
- Manju Tantia - Director
- Sunny Tantia - Director
- Renu Tantia - Director
- Yash Tantia - Director
The latest financial statements of Lal Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lal Steels is 32AAACL5551C1Z2, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAACL5551C1DB (Kerala).
The CIN (Corporate Identification Number) of Lal Steels is U27109TZ1995PTC005710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lal Steels has 22 court cases on record: 20 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Lal Steels was incorporated on 20 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Lal Steels by revenue are Kaushal Ferro Metals Private Limited, Sukh Steels Private Limited, Sul Steel Private Limited, Satya Power and Ispat Limited, Mahavir Steel Industries Ltd and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Yash Tantia was appointed as Director on 22 Feb 2025. Shyamlaltantia Shanthidevi ceased to be Director on 05 Nov 2024. Sachin Kumar Tantia Shyamlal ceased to be Director on 15 Jun 2019. Lal Steels has 11 board changes on record in total.
Yes, Lal Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0007520).
Lal Steels has 3 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 Apr 2022.
The registered office of Lal Steels is at A – 6 Cheran Nagar Mettupalayam Road, Coimbatore, Tamil Nadu, India – 641029.

