
Matangi Steels Private Limited
About Matangi Steels Private Limited
Data last updated:
Matangi Steels Private Limited is a private limited company based in Durgapur, West Bengal, India, a subsidiary of Avilax Exports Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28991WB2003PTC096576. Its GSTIN is 19AAECM0599H1Z5 (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.35 Lakh. It was formerly known as Swg Steels Private Limited. It is led by directors Dilip Chawla and Amarjeet Chawla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Raturia Angadpur Industrial Area, Durgapur, West Bengal, India – 713215.
As per the financials filed for FY 2026, the company reported a revenue of ₹11,066. For the same year it recorded a net loss of ₹60.61 Lakh and EBITDA of ₹4,454 (EBITDA margin 40.2%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Matangi Steels Private Limited's registered office is in Durgapur, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRaturia Angadpur Industrial Area, Durgapur, West Bengal, India – 713215
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Matangi 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
Financials of Matangi Steels Private Limited
FY 2026 filings availableMatangi Steels Private Limited reported revenue of ₹11,066 for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11,066 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4,454 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.61 Lakh | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.2% | ||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Matangi Steels Private Limited, buy the company report.
Board of directors of Matangi Steels Private Limited
Matangi Steels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Chawla | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
| Amarjeet Chawla | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
Auditor
Matangi Steels Private Limited is audited by BINIT GUPTA & COMPANY for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BINIT GUPTA & COMPANY | FY 2026 | 328296E |
Shareholding
The shareholding of Matangi Steels Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matangi Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2010 | 10254045 | Oriental Bank of Commerce | ₹9.05 Cr | Open |
To see the full charge records of Matangi Steels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Matangi Steels Private Limited has 1 court case on record: 1 filed by Matangi Steels. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Matangi 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
No delayed payments to MSME suppliers are on our record for Matangi Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matangi Steels Private Limited has a workforce of 1 employees on its EPFO records as of May 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 1 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Matangi Steels Private Limited, buy the company report.
GST
Matangi Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECM0599H1Z5 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matangi Steels Private Limited, buy the company report.
Recent activity
Matangi Steels Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Maya Devi Chawla ceased to be Director on 15 Jul 2015.
1 earlier event is in the company report.
Frequently asked questions
Matangi Steels is an active private limited company based in Durgapur, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 July 2003 (23+ years old) and is registered under CIN U28991WB2003PTC096576.
Matangi Steels has 2 current directors:
- Dilip Chawla - Director
- Amarjeet Chawla - Director
The latest financial statements of Matangi Steels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Matangi Steels is 19AAECM0599H1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of Matangi Steels is U28991WB2003PTC096576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matangi Steels has 1 court case on record: 1 filed by the company.
Matangi Steels was incorporated on 15 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Maya Devi Chawla ceased to be Director on 15 Jul 2015. Sapna Chawla ceased to be Director on 15 Jul 2015. Vineeta Chawla ceased to be Director on 15 Jul 2015. Matangi Steels has 8 board changes on record in total.
The registered office of Matangi Steels is at Raturia Angadpur Industrial Area, Durgapur, West Bengal, India – 713215.
Matangi Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.

