About Maruti Ferrous Private Limited
Data last updated:
Maruti Ferrous Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27320WB2003PTC097293. Its GSTIN is 22AAECM0415G3Z3 (Chattisgarh). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹2.96 Cr. It is led by directors including Nishant Khetan (Managing Director) and Ashok Kumar Chowdhary.
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 Blue Pearl Apartment Bl – A 1st Floor Fl – 1A 121 B T Road Lp – 1/84/3, Kolkata, West Bengal, India – 700108.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,005.74 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹31.16 Cr (net margin 3.1%) and EBITDA of ₹84.64 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 18% over five years.
The company has about 234 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹820.89 Cr and satisfied charges of ₹92.25 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 8 cases are pending. The company has 26 deals on record (20 secondary share transfers, 6 funding rounds), with disclosed funding of ₹22.06 Cr; the latest was in April 2024. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is NLMK India Service Center Private Limited with revenue of ₹1,030.82 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirmaantmt.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlue Pearl Apartment Bl – A 1st Floor Fl – 1A 121 B T Road Lp – 1/84/3, Kolkata, West Bengal, India – 700108
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Maruti Ferrous Private Limited
The main business activity of Maruti Ferrous is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maruti Ferrous Private Limited FY 2024 filings available
Maruti Ferrous Private Limited reported revenue of ₹1,005.74 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maruti Ferrous Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 5% growth in the latest year. EBITDA rose 42% 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 of Maruti Ferrous Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹84.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.16 Cr | •••• | •••• | •••• | •••• |
| 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 of Maruti Ferrous Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maruti Ferrous are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maruti Ferrous Private Limited
Maruti Ferrous Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NLMK India Service Center Private Limited | ₹1,030.82 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Northern Steel and General Mills Private Limited | ₹1,027.96 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Suncity Metals and Tubes Private Limited | ₹1,024.43 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Jodhpur, Rajasthan, India |
| Shritirupati Steelcast Limited | ₹1,013.68 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Visa Industries Limited | ₹1,011.68 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Maruti Ferrous Private Limited this company | ₹1,005.74 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Amalgam Steel Private Limited | ₹1,004.35 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| BST Infratech Limited | ₹1,003.07 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Spintech Tubes Private Limited | ₹1,000.38 Cr (FY 2025) | •••• | •••• | 965.0% | •••• | Kolkata, West Bengal, India |
| Guardian Castings Private Limited | ₹998.43 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| SBF Ispat Private Limited | ₹995.5 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maruti Ferrous by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maruti Ferrous Private Limited
Maruti Ferrous Private Limited is audited by BEGANI & BEGANI for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BEGANI & BEGANI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maruti Ferrous Private Limited
Maruti Ferrous has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Chowdhary Also directs: Sunil Ispat and Power Private Limited | Director | 30 May 2019 | 7 Years 4 Months | Current |
| Arun Kumar | Director | 03 Oct 2018 | 8 Years 0 Months | Current |
| Nishant Khetan Also directs: Sunil Ispat and Power Private Limited, H.S.R. Rerollers Private Limited, Maruti Greentech Private Limited and 1 more | Managing Director | 20 May 2021 | 5 Years 4 Months | Current |
| Rajesh Kumar Tola Also directs: Sunil Ispat and Power Private Limited | Director | 30 Aug 2004 | 22 Years 1 Months | Current |
Ownership and Shareholding of Maruti Ferrous Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maruti Ferrous Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2025 | Others | ₹40 Cr | Open |
| 29 Jun 2024 | Canara Bank | ₹250 Cr | Open |
| 24 Jun 2024 | Others | ₹408.98 Cr | Open |
| 27 Sep 2023 | Others | ₹8.01 Lakh | Open |
| 29 May 2023 | Hdfc Bank Limited | ₹9.35 Lakh | Open |
Total charge records: 15 View all charges
Deals & Funding of Maruti Ferrous Private Limited
Maruti Ferrous Private Limited has 26 deals on record (20 secondary share transfers, 6 funding rounds), with disclosed funding of ₹22.06 Cr; the latest was in April 2024.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Bimal Kishore Khetan Huf, an individual Seller: Zircon Tradecomm Private Limited , an individual |
| Mar 2016 | Funding round | ₹2.23 Cr | Investors: Zircon Tradecomm Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Kiskindha Traders Pvt Ltd , 3 individuals Seller: Maruti Nirman Private Limited , Choudhary Investment, an individual |
| Mar 2015 | Funding round | ₹7.03 Cr | Investors: Zircon Tradecomm Private Limited , Kiskindha Traders Pvt Ltd , Maruti Nirman Private Limited |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: Zircon Tradecomm Private Limited , Kiskindha Traders Pvt Ltd , Maruti Nirman Private Limited Seller: 2 individuals |
Full deal history
All 26 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Maruti Ferrous Private Limited
Maruti Ferrous Private Limited has 12 court cases on record: 4 filed by Maruti Ferrous, 8 filed against it. 8 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 8 | 5 | 7 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Sunil Ispat and Power Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Pradeep Agarwal (HUF) and 1 other | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Pradeep Kumar Agarwal HUF and 1 other | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by State | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Maruti Ferrous Private Limited
Maruti Ferrous Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 6 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| H & K Rolling Mill Engineers Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ferrite Metal Solutions Private Limited | •••• | •••• | •••• |
| Concast (India) Private Limited | •••• | •••• | •••• |
| Hindustan Geartech Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Maruti Ferrous Private Limited
Maruti Ferrous Private Limited has a workforce of 234 employees as of Nov 06, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Maruti Ferrous Private Limited
Maruti Ferrous has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sunil Ispat And Power Private Limited | U67120WB1991PTC051562 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Maruti Ferrous Private Limited
Maruti Ferrous Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Nishant Khetan ceased to be Director on 21 Mar 2023.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maruti Ferrous Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maruti Ferrous Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maruti Ferrous Private Limited
Maruti Ferrous has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAECM0415G3Z3 | Chattisgarh | Active | 01 Jul 2017 |
| 37AAECM0415G1ZU | Andhra Pradesh | Active | 11 Jul 2022 |
| 22AAECM0415G1DE | Chattisgarh | Active | 11 Nov 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maruti Ferrous Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maruti Ferrous Private Limited
Maruti Ferrous is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 November 2003 (23+ years old) and is registered under CIN U27320WB2003PTC097293.
Maruti Ferrous reported revenue of ₹1,005.74 Cr for FY 2024 (up 5% YoY).
Maruti Ferrous has 4 current directors:
- Nishant Khetan - Managing Director
- Ashok Kumar Chowdhary - Director
- Arun Kumar - Director
- Rajesh Kumar Tola - Director
Maruti Ferrous reported a net profit of ₹31.16 Cr (net margin 3.1%) and EBITDA of ₹84.64 Cr (EBITDA margin 8.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maruti Ferrous is 28% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maruti Ferrous is 22AAECM0415G3Z3, registered in Chattisgarh. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAECM0415G1ZU (Andhra Pradesh), 22AAECM0415G1DE (Chattisgarh).
The CIN (Corporate Identification Number) of Maruti Ferrous is U27320WB2003PTC097293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Ferrous has 12 court cases on record: 4 filed by the company and 8 filed against it. 8 are pending. Most are in the nclat.
Maruti Ferrous was incorporated on 20 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Maruti Ferrous has 26 deals on record (20 secondary share transfers, 6 funding rounds), with disclosed funding of ₹22.06 Cr; the latest was in April 2024.
The peers of Maruti Ferrous by revenue are NLMK India Service Center Private Limited, Northern Steel and General Mills Private Limited, Suncity Metals and Tubes Private Limited, Shritirupati Steelcast Limited, Visa Industries Limited and 5 more, all in the Metals and Minerals industry (Steel).
Nishant Khetan ceased to be Director on 21 Mar 2023. Nishant Khetan was appointed as Managing Director on 20 May 2021. Nawal Kishore Khetan ceased to be Director on 26 Apr 2021. Maruti Ferrous has 8 board changes on record in total.