About Metro Ispat Private Limited
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Metro Ispat Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27110MH1999PTC118394. Its GSTIN is 27AABCM8021H1ZM (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors including Hiralal Laxminarayan Dargar and Vinodkumar Hiralal Dargar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹240.4 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹99.06 Lakh (net margin 0.4%) and EBITDA of ₹7.63 Cr (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Metro Ispat and Metro Ispat Group. As per MCA filings, the company has open charges of ₹49.1 Cr and satisfied charges of ₹80.39 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 8 cases are 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 metroispat.in.
Company details
Contact details
Metro Ispat Private Limited's registered office is in Mumbai, Maharashtra. Its website is metroispat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop 140 – 401 402 403 407 408 409, Bps Plaza Bps Estate Devi Dayal Rd Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Metro Ispat 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
Brands
Metro Ispat operates two associated brands: Metro Ispat and METRO ISPAT GROUP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| metroispat.in | ||
| Steel manufacturing and TMT bars production for construction in India. | metroispat.com |
Business activity
The main business activity of Metro Ispat 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 Metro Ispat Private Limited, buy the company report.
Financials of Metro Ispat Private Limited
FY 2025 filings availableMetro Ispat Private Limited reported revenue of ₹240.4 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 32% fall in the latest year. EBITDA fell 7% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.63 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹99.06 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Metro Ispat Private Limited, buy the company report.
Board of directors of Metro Ispat Private Limited
Metro Ispat has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiralal Laxminarayan Dargar Also directs: Metro Super Ispat Private Limited | Director | 17 Feb 1999 | 27 Years 8 Months | Current |
| Vinodkumar Hiralal Dargar Also directs: One Mulund Tradecentre LLP | Director | 02 Sep 2021 | 5 Years 1 Months | Current |
| Meenakshi Rajkumar Dargar | Additional Director | 06 Mar 2024 | 2 Years 7 Months | Current |
| Rajkumar Deonarayan Dargar Also directs: Metro Super Ispat Private Limited | Director | 17 Feb 1999 | 27 Years 8 Months | Current |
| Shivkumar Darkar Also directs: Metro Super Ispat Private Limited | Director | 17 Feb 1999 | 27 Years 8 Months | Current |
Peer comparison
Metro Ispat Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| S.L.O. Industries Limited | ₹243.26 Cr (FY 2019) | 20.0% | Chennai, Tamil Nadu, India | |||
| Nawla Ispat Private Limited | ₹243.22 Cr (FY 2025) | 28.0% | Sardhana, Uttar Pradesh, India | |||
| Sahanu Sponge and Power Private Limited | ₹242.34 Cr (FY 2025) | -27.0% | Panaji, Goa, India | |||
| Pushp Steels and Mining Private Limited | ₹241.2 Cr (FY 2024) | -13.0% | Delhi, India | |||
| Diamond TMT & Procon Private Limited | ₹240.67 Cr (FY 2025) | 7.0% | Bhavnagar, Gujarat, India | |||
| Metro Ispat Private Limitedthis company | ₹240.4 Cr (FY 2025) | ₹99.06 Lakh | 0.4% | -32.0% | 58 | Mumbai, Maharashtra, India |
| Gangajamuna Steel Private Limited | ₹240.22 Cr (FY 2025) | 21.0% | Delhi, India | |||
| D.D. Steel & Power Limited | ₹240.16 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Steeltech Alloys Private Limited | ₹240.15 Cr (FY 2025) | 2.0% | Khanna, Punjab, India | |||
| Sun Metallics & Alloys Private Limited | ₹239.95 Cr (FY 2018) | 67.0% | Mumbai, Maharashtra, India | |||
| N.S. Ispat (India) Private Limited | ₹238.73 Cr (FY 2025) | 0.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Metro Ispat Private Limited, buy the company report.
Auditor
Metro Ispat Private Limited is audited by A BOTHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A BOTHRA & CO | FY 2023 | 118623W |
Shareholding
The shareholding of Metro Ispat Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Metro Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2024 | 100976712 | Karnataka Bank Ltd. | ₹2.05 Cr | Open | |
| 05 Jan 2024 | 100856861 | Karnataka Bank Ltd. | ₹12 Cr | Open | |
| 17 Oct 2022 | 100626083 | Karnataka Bank Ltd. | ₹35 Cr | Open | |
| 22 Dec 2020 | 100425664 | Hdfc Bank Limited | ₹5.37 Lakh | Open | |
| 29 Jan 2021 | 100413816 | Abhyudaya Co-Operative Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Metro Ispat Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Metro Ispat Private Limited has 13 court cases on record: 9 filed by Metro Ispat, 4 filed against it. 8 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 8 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed by the company against Bhadramaruti Concost Pvt. Ltd. Thro. Authorized Signatory Narendra | Pending |
| Bombay High Court | Appeal | Filed by the company against Bhadramaruti Concost Pvt. Ltd. Thro. Authorized Signatory Narendra | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Bhadramaruti Concost Pvt. Ltd. SPL. Civil Suit 80/2009 (Jalna Court) | Disposed |
| District court, Jalna, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Bhadramaruti Concost Pvt Ltd. Through Narendra Kanyalal Pahade | Disposed |
| Bombay High Court | Appeal | Filed by the company against Bhadramaruti Concost Pvt. Ltd. Thro. Authorized Signatory Narendra | Disposed |
To see the full case history of Metro Ispat 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 Metro Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metro Ispat Private Limited has a workforce of 58 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Metro Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM8021H1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metro Ispat Private Limited, buy the company report.
Recent activity
Metro Ispat Private Limited has 6 board changes on record since 1999: 5 appointments and 1 cessation. The latest: Meenakshi Rajkumar Dargar was appointed as Additional Director on 06 Mar 2024.
29 earlier events are in the company report.
Frequently asked questions
Metro Ispat is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 February 1999 (27+ years old) and is registered under CIN U27110MH1999PTC118394.
Metro Ispat has 5 current directors:
- Hiralal Laxminarayan Dargar - Director
- Vinodkumar Hiralal Dargar - Director
- Meenakshi Rajkumar Dargar - Additional Director
- Rajkumar Deonarayan Dargar - Director
- Shivkumar Darkar - Director
The latest financial statements of Metro Ispat 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 2015 are in the company report.
The GSTIN of Metro Ispat is 27AABCM8021H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Metro Ispat is U27110MH1999PTC118394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metro Ispat has 13 court cases on record: 9 filed by the company and 4 filed against it. 8 are pending. Most are in the high courts.
Metro Ispat was incorporated on 17 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Metro Ispat by revenue are S.L.O. Industries Limited, Nawla Ispat Private Limited, Sahanu Sponge and Power Private Limited, Pushp Steels and Mining Private Limited, Diamond TMT & Procon Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Meenakshi Rajkumar Dargar was appointed as Additional Director on 06 Mar 2024. Vinodkumar Hiralal Dargar was appointed as Director on 02 Sep 2021. Saraswatidevi Hiralal Dargar ceased to be Director on 09 Aug 2021. Metro Ispat has 6 board changes on record in total.
Metro Ispat can be reached through the website metroispat.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Metro Ispat is at Shop 140 – 401 402 403 407 408 409, Bps Plaza Bps Estate Devi Dayal Rd Mulund West, Mumbai, Maharashtra, India – 400080.