Modi Steel Private Limited
About Modi Steel Private Limited
Data last updated:
Modi Steel Private Limited is a private limited company based in Mandi Gobindgarh, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 July 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27209PB2022PTC056544. Its GSTIN is 03AAQCM0379K1Z5 (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ashok Kumar Modi and Vasu Modi.
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 Modi Mill Road, Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2025, the company reported a revenue of ₹210.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -1.2%) and EBITDA of ₹2.68 Cr (EBITDA margin 1.3%).
As per MCA filings, the company has open charges of ₹18 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Modi Steel Private Limited's registered office is in Mandi Gobindgarh, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressModi Mill Road, Mandi Gobindgarh, Punjab, India – 147301
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Modi Steel 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
Business activity
The main business activity of Modi Steel 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 Modi Steel Private Limited, buy the company report.
Financials of Modi Steel Private Limited
FY 2025 filings availableModi Steel Private Limited reported revenue of ₹210.78 Cr (up 291037% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | ₹2.68 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.63 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.3% | ||
| Net Profit Margin | -1.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Modi Steel Private Limited, buy the company report.
Board of directors of Modi Steel Private Limited
Modi Steel has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Modi | Director | 26 Jul 2022 | 4 Years 3 Months | Current |
| Vasu Modi Also directs: Modi Asset Management Private Limited, Modi Metal and Allied Industries Private Limited., Third Lake Advisors LLP and 2 more | Director | 26 Jul 2022 | 4 Years 3 Months | Current |
| Madhur Modi | Director | 26 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Modi Steel Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| G. O. Steel Private Limited | ₹212.48 Cr (FY 2025) | -4.0% | Jalandhar, Punjab, India | |||
| Sharu Special Alloys Private Limited | ₹211.63 Cr (FY 2025) | 6.0% | Ludhiana, Punjab, India | |||
| Gajlaxmi Steel Private Limited | ₹211.61 Cr (FY 2025) | -3.0% | Jalna, Maharashtra, India | |||
| Enershell Alloys & Steel Private Limited | ₹211.06 Cr (FY 2024) | -7.0% | Delhi, India | |||
| Modi Steel Private Limitedthis company | ₹210.78 Cr (FY 2025) | -₹2.63 Cr | -1.2% | 291037.0% | Mandi Gobindgarh, Punjab, India | |
| Shree Balram Rolling Mills Private Limited | ₹210.7 Cr (FY 2025) | 23.0% | Mehsana, Gujarat, India | |||
| Grow Ever Steel (India) Private Limited | ₹210.58 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| K L Alloys Private Limited | ₹210.56 Cr (FY 2025) | 10.0% | Punjab, India | |||
| Primuss Metroll Limited | ₹210.31 Cr (FY 2019) | 787.0% | Kanpur, Uttar Pradesh, India | |||
| Anmol Stainless Private Limited | ₹210.14 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Modi Steel Private Limited, buy the company report.
Auditor
Modi Steel Private Limited is audited by G. D. AGGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. D. AGGARWAL & CO. | FY 2023 | 001782N |
Shareholding
The shareholding of Modi Steel Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Modi Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100822995 | Hdfc Bank Limited | ₹18 Cr | Open |
To see the full charge records of Modi Steel Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Modi Steel Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Modi Steel 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 Modi Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modi Steel Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Modi Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAQCM0379K1Z5 | Punjab | Active | 07 Oct 2022 |
To see the full GST registrations and return filing status of Modi Steel Private Limited, buy the company report.
Recent activity
Modi Steel Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Ashok Kumar Modi was appointed as Director on 26 Jul 2022.
Frequently asked questions
Modi Steel is an active private limited company based in Mandi Gobindgarh, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 July 2022 (4+ years old) and is registered under CIN U27209PB2022PTC056544.
Modi Steel has 3 current directors:
- Ashok Kumar Modi - Director
- Vasu Modi - Director
- Madhur Modi - Director
The latest financial statements of Modi Steel 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 FY 2023 are in the company report.
The GSTIN of Modi Steel is 03AAQCM0379K1Z5, registered in Punjab.
The CIN (Corporate Identification Number) of Modi Steel is U27209PB2022PTC056544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Steel has 1 court case on record: 1 filed against it.
Modi Steel was incorporated on 26 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Modi Steel by revenue are G. O. Steel Private Limited, Sharu Special Alloys Private Limited, Gajlaxmi Steel Private Limited, Enershell Alloys & Steel Private Limited, Shree Balram Rolling Mills Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ashok Kumar Modi was appointed as Director on 26 Jul 2022. Madhur Modi was appointed as Director on 26 Jul 2022. Vasu Modi was appointed as Director on 26 Jul 2022.
The registered office of Modi Steel is at Modi Mill Road, Mandi Gobindgarh, Punjab, India – 147301.
Modi Steel operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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