Makam Elite Steels Private Limited
About Makam Elite Steels Private Limited
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Makam Elite Steels Private Limited is a private limited company based in Mandya, Karnataka, India. It operates in the manufacturing segment of the chemicals sector. It was incorporated on 22 April 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24108KA2023PTC172653. Its GSTIN is 29AAQCM7790N1Z8 (Karnataka).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Makam Pradeep Sujan Makam (Managing Director) and Ashwathanaryanashetty Pradeepkumar Makam.
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 Mandya, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.52 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹33.59 Lakh (net margin -3.2%) and EBITDA of ₹40.49 Lakh (EBITDA margin 3.9%).
As per MCA filings, the company has open charges of ₹2.94 Cr on record.
Company details
Contact details
Makam Elite Steels Private Limited's registered office is in Mandya, Karnataka.
- Registered AddressNo. 1584/1, K R Road, Mandya, Karnataka, India – 571401
- IndustryChemicals, Manufacturing, Basic Chemical
- 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 Makam Elite Steels is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Makam Elite Steels Private Limited, buy the company report.
Financials of Makam Elite Steels Private Limited
FY 2025 filings availableMakam Elite Steels Private Limited reported revenue of ₹10.52 Cr (up 561% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 561% in the latest year. EBITDA rose 928% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Employee Benefit Expense | ||
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| Total Expenses | ||
| EBITDA | ₹40.49 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹33.59 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.9% | |
| Net Profit Margin | -3.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
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| Net Profit Growth | ||
To see the full financial statements and ratios of Makam Elite Steels Private Limited, buy the company report.
Board of directors of Makam Elite Steels Private Limited
Makam Elite Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwathanaryanashetty Pradeepkumar Makam | Director | 22 Apr 2023 | 3 Years 6 Months | Current |
| Makam Pradeep Sujan Makam | Managing Director | 22 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Makam Elite Steels Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of basic metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prabhu Wheel & Axel India Private Limited | ₹10.68 Cr (FY 2025) | 133.0% | Howrah, West Bengal, India | |||
| Tri-Tech Metals Private Limited | ₹10.56 Cr (FY 2025) | 7.0% | Satara, Maharashtra, India | |||
| LSR Ispat Private Limited | ₹10.56 Cr (FY 2024) | 182.0% | New Delhi, Delhi, India | |||
| Siriram Metal Screens Private Limited | ₹10.53 Cr (FY 2024) | Mumbai, Maharashtra, India | ||||
| Spring Dynamics Private Limited | ₹10.53 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Makam Elite Steels Private Limitedthis company | ₹10.52 Cr (FY 2025) | -₹33.59 Lakh | -3.2% | 561.0% | Mandya, Karnataka, India | |
| Forgemet Technology Private Limited | ₹10.44 Cr (FY 2025) | 620.0% | Kotda Sanghani, Gujarat, India | |||
| Smriti Forging & Engineering Co Pvt Ltd | ₹10.41 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Seco Machines Private Limited | ₹10.34 Cr (FY 2025) | -43.0% | Delhi, India | |||
| Anant Cutting Edge Private Limited | ₹10.29 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Indmet Press Metal Private Limited | ₹10.25 Cr (FY 2024) | 29.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Makam Elite Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100907813 | Karnataka State Financial Corporation | ₹2.94 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Makam Elite 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 Makam Elite Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makam Elite Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCM7790N1Z8 | Karnataka | Active | 02 Jun 2023 |
To see the full GST registrations and return filing status of Makam Elite Steels Private Limited, buy the company report.
Recent activity
Makam Elite Steels Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Ashwathanaryanashetty Pradeepkumar Makam was appointed as Director on 22 Apr 2023.
Frequently asked questions
Makam Elite Steels is an active private limited company based in Mandya, Karnataka, India. The company works in manufacturing, within the chemicals industry. It was incorporated on 22 April 2023 (3+ years old) and is registered under CIN U24108KA2023PTC172653.
Makam Elite Steels has 2 current directors:
- Makam Pradeep Sujan Makam - Managing Director
- Ashwathanaryanashetty Pradeepkumar Makam - Director
The latest financial statements of Makam Elite 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 FY 2024 are in the company report.
The GSTIN of Makam Elite Steels is 29AAQCM7790N1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Makam Elite Steels is U24108KA2023PTC172653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makam Elite Steels was incorporated on 22 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Makam Elite Steels by revenue are Prabhu Wheel & Axel India Private Limited, Tri-Tech Metals Private Limited, LSR Ispat Private Limited, Siriram Metal Screens Private Limited, Spring Dynamics Private Limited and 5 more, all in the same principal business activity (manufacture of basic metals).
Ashwathanaryanashetty Pradeepkumar Makam was appointed as Director on 22 Apr 2023. Makam Pradeep Sujan Makam was appointed as Managing Director on 22 Apr 2023.
The registered office of Makam Elite Steels is at No. 15841, K R Road, Mandya, Karnataka, India – 571401.
Makam Elite Steels operates in the chemicals industry, in the manufacturing segment.
Makam Elite Steels has open charges of ₹2.94 Cr and no satisfied charges on record as per latest MCA filings.
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