Modern Steel Ltd. - Company Profile

It is a metals and minerals public limited company based in Punjab, Punjab, India, established in 1973.
1973 Punjab, Punjab, India Active
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About Modern Steel Ltd.

Modern Steel Ltd., a active public limited company, was established on 19 November 1973 in Punjab, Punjab, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L27109PB1973PLC003358. Registered under ROC Roc Chandigarh. it is listed on BSE: 513303. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹13.76 Cr.

Formerly known as Modern Steels Ltd, Modern Steels Private Ltd. It upholds a compliant status. In 2024, it reported revenue of ₹1.87 Cr and a net worth of ₹13.40 Cr. Employing 679 professional, Its leadership includes Avtar Krishan Vashisht (Director), Anupama Sharma (Director), Satish Kumar Kapoor (Director). Past directors included Aditya Goyal, Amarjit Goyal, Rajesh Kumar Sinha. It holds no open charges and ₹529.44 Cr settled loans. Its latest AGM occurred on 27 June 2025, with the balance sheet filed on 31 March 2025. It is based at G T Roadmandi Gobindgarh, Punjab, Punjab.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L27109PB1973PLC003358

  • Registration Number

    003358

  • Incorporation Date

    19 November 1973

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹13.76 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 513303)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 13.76 Cr
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 529.44 Cr
  • Revenue Growth **** -90.50%
  • Profit Growth **** -95.83%
  • Ebitda **** -136.81%
  • Net Worth 4.49%
  • Total Assets -2.56%
Company report

Modern Steel Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Modern Steel Ltd. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Modern Steel Ltd.?
Current Directors
Name Designation Appointment Date Status
Avtar Krishan Vashisht Director 11 May 2021 Current
Anupama Sharma Director 11 Aug 2023 Current
Satish Kumar Kapoor Director 14 Oct 2020 Current
Krishan Kumar Goyal Managing Director 01 May 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 31 Aug 2007 Past
Pramod Abcsdd Whole-Time Director 02 Dec 2018 Past
Pramod Abcsdd Whole-Time Director 27 May 2020 Past
Pramod Abcsdd Additional Director 30 Dec 2021 Past
Pramod Abcsdd Additional Director 26 Sep 2023 Past
Pramod Abcsdd Additional Director 09 Sep 2009 Past

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Financial Performance of Modern Steel.

Modern Steel Ltd., for the financial year ended 2024, experienced significant reduction in revenue, with a 90.5% decrease. The company also saw a substantial fall in profitability, with a 95.83% decrease in profit. The company's net worth moved up by a moderate rise of 4.49%.

Modern Steel revenue growth over time
Modern Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -90.50%
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Revenue from Operations
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Total Assets
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 -2.56%
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Profit or Loss
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 -95.83%
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Net Worth
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 4.49%
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EBITDA
*******
 -136.81%
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What is the Ownership and Shareholding Structure of Modern Steel?

In 2024, Modern Steel had a promoter holding of 65.53% and a public holding of 34.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹5,294,400,000.00

Charges Breakdown by Lending Institutions
  • Others : 420.45 Cr
  • Punjab National Bank : 74.39 Cr
  • Punjab & Sind Bank : 21.60 Cr
  • Industrial Development Bank Of India : 7.50 Cr
  • The Industrial Credit & Investment Corp. Of Ind. Ltd : 2.50 Cr
  • Others : 3.00 Cr
Latest Charge Details
Date Lender Amount Status
25 Jul 2013 Others ₹74.60 Cr Satisfied
30 Mar 2013 Punjab National Bank ₹2.52 Cr Satisfied
30 Mar 2013 Punjab National Bank ₹10.00 Cr Satisfied
30 Mar 2013 Punjab National Bank ₹10.00 Cr Satisfied
30 Mar 2013 Punjab National Bank ₹10.00 Cr Satisfied

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How Many Employees Work at Modern Steel?

Modern Steel has a workforce of 679 employees as of Apr 13, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Steel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Modern Steel's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Modern Steel
Recent Activity within the Organization
  • Director Appointment

    The activity Ananya Modi was appointed as a Company Secretary was appointed as a Company Secretary on 13 Aug 2025 & has been associated with this company since 6 months . was completed.

  • Annual General Meeting

    The activity Modern Steel Ltd. last Annual general meeting of members was held on 27 Jun 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Modern Steel Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was recorded as a recent event.

  • Director Appointment

    Progress on Anupama Sharma was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.

  • Director Appointment

    Suresh Kumar Puri was appointed as a CFO was appointed as a CFO on 25 Jul 2022 & has been associated with this company since 3 years 6 months . was recorded as a recent event.

  • Director Appointment

    The activity Deepa was appointed as a Company Secretary was appointed as a Company Secretary on 14 Feb 2022 & has been associated with this company since 3 years 11 months . was completed.

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Frequently Asked Questions
What is the CIN of Modern Steel Ltd.?

The CIN of Modern Steel Ltd. is L27109PB1973PLC003358.

Where is Modern Steel Ltd. headquartered?

Modern Steel Ltd. is headquartered at G T Roadmandi Gobindgarh, Punjab, Punjab.

When was Modern Steel Ltd. incorporated?

Modern Steel Ltd. was incorporated on 19 November 1973.

Who are the current directors of Modern Steel Ltd.?

The current directors of Modern Steel Ltd. are

What is the primary industry of Modern Steel Ltd.?

The primary industry of Modern Steel Ltd. is Manufacturing.

Is Modern Steel Ltd. a listed company?

Modern Steel Ltd. is listed. It is listed on BSE: 513303.

What is the capital structure of Modern Steel Ltd.?

The authorized capital of Modern Steel Ltd. is ₹25.00 Cr, and the paid-up capital is ₹13.76 Cr.

What is the compliance status of Modern Steel Ltd.?

The compliance status of Modern Steel Ltd. is Compliant.

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