About May Steels Pvt Ltd
Data last updated:
May Steels Pvt Ltd is a private limited company based in Chandigarh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27106CH1992PTC012097. Its GSTIN is 03AAACM9676M1ZZ (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Abhishek Sagar and Ayesha Kang.
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 H.No. 1105 Sector 40 – B, Chandigarh, India – 160036.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.61 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹12.73 Lakh (net margin 0.5%) and EBITDA of ₹93.53 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.16 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maysteels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH.No. 1105 Sector 40 – B, Chandigarh, India – 160036
- IndustryAutomotive, Auto Parts & Components
- 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 May Steels Pvt Ltd
The main business activity of May Steels is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 May Steels Pvt Ltd FY 2025 filings available
May Steels Pvt Ltd reported revenue of ₹26.61 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of May Steels Pvt Ltd
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 26% 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 May Steels Pvt Ltd
| 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 | ₹93.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.73 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 of May Steels Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 May Steels 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 May Steels Pvt Ltd
May Steels Pvt Ltd is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhe Auto Industries Private Limited | •••• | •••• | •••• | •••• | - | Gondal, Gujarat, India |
| Balaji Pack & Pack Private Limited | •••• | •••• | •••• | •••• | - | Gorakhpur, Uttar Pradesh, India |
| Victor Switch Gear Private Limited | •••• | •••• | •••• | •••• | - | Nashik-, Maharashtra, India |
| Aroma Engineering (India) Private Limited | •••• | •••• | •••• | •••• | 50 | Village Kangasiyali, Gujarat, India |
| Micro Labels Private Limited | •••• | •••• | •••• | •••• | 72 | Bangalore, Karnataka, India |
| May Steels Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Jopasu India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Aro-Sak Plastics & Assemblies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Mass Metals Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| 3S Industries Private Limited | •••• | •••• | •••• | •••• | - | Alwar, Rajasthan, India |
| Sokhi Engineering Company Private Limited | •••• | •••• | •••• | •••• | 34 | Jamshedpur, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below May Steels by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of May Steels Pvt Ltd
May Steels Pvt Ltd is audited by J.S. & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.S. & ASSOCIATES | 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 May Steels Pvt Ltd
May Steels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Sagar | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Ayesha Kang Also directs: Itfi Worldwide LLP | Director | 04 Oct 2004 | 22 Years 0 Months | Current |
| Yogesh Sagar Also directs: Ysl Estates Private Ltd | Director | 13 Mar 1992 | 34 Years 6 Months | Current |
Ownership and Shareholding of May Steels Pvt Ltd
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 May Steels Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2023 | Hdfc Bank Limited | ₹49.5 Lakh | Open |
| 07 Mar 2017 | Others | ₹30 Lakh | Open |
| 18 Sep 2008 | Others | ₹1 Cr | Open |
| 21 Jul 2000 | Andhra Bank | ₹10 Lakh | Open |
| 21 Jul 2000 | Andhra Bank | ₹10 Lakh | Open |
Total charge records: 11 View all charges
Legal Cases of May Steels Pvt Ltd
May Steels Pvt Ltd has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Berger Paints India Limited | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed against the company by Mohali Industries Ass | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at May Steels Pvt Ltd
May Steels Pvt Ltd has a workforce of 65 employees as of Mar 31, 2024.
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.
Recent Activity on May Steels Pvt Ltd
May Steels Pvt Ltd has 3 board changes on record since 1992: 3 appointments. The latest: Abhishek Sagar was appointed as Director on 01 Aug 2023.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for May Steels Pvt Ltd
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.
MSME Payment Delays by May Steels Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of May Steels Pvt Ltd
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 May Steels Pvt Ltd
May Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACM9676M1ZZ | Punjab | Active | 01 Jul 2017 |
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 May Steels Pvt Ltd
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 May Steels Pvt Ltd
May Steels is an active private limited company based in Chandigarh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 March 1992 (34+ years old) and is registered under CIN U27106CH1992PTC012097.
May Steels reported revenue of ₹26.61 Cr for FY 2024 (down 36% YoY).
May Steels has 3 current directors:
- Abhishek Sagar - Director
- Ayesha Kang - Director
- Yogesh Sagar - Director
May Steels reported a net profit of ₹12.73 Lakh (net margin 0.5%) and EBITDA of ₹93.53 Lakh (EBITDA margin 3.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of May Steels is 3% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of May Steels is 03AAACM9676M1ZZ, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of May Steels is U27106CH1992PTC012097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
May Steels has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
May Steels was incorporated on 13 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of May Steels by revenue are Radhe Auto Industries Private Limited, Balaji Pack & Pack Private Limited, Victor Switch Gear Private Limited, Aroma Engineering (India) Private Limited, Micro Labels Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Abhishek Sagar was appointed as Director on 01 Aug 2023. Ayesha Kang was appointed as Director on 04 Oct 2004. Yogesh Sagar was appointed as Director on 13 Mar 1992.