About Sharu Steels Private Limited
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Sharu Steels Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18201PB1987PTC007370. Its GSTIN is 03AAICS1296D1ZK (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Amita Spinners Private Limited. It is led by directors including Kewal Krishan Garg (Managing Director) and Gurleen Singh.
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 B – 48 Phase – VII Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹250.28 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Cr (net margin 1.4%) and EBITDA of ₹12.12 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sharu Steels. As per MCA filings, the company has open charges of ₹79.2 Cr and satisfied charges of ₹23.88 Cr on record. Court records list 33 cases involving the company, including 13 filed by the company and 20 filed against it; 7 cases are pending. The company has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in November 2017. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 5 smaller; the largest is A.V. Ispat Private Limited with revenue of ₹251.44 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 54 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharusteels.com.
Company details
Contact details
Sharu Steels Private Limited's registered office is in Ludhiana, Punjab. Its website is sharusteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 48 Phase – VII Focal Point, Ludhiana, Punjab, India – 141010
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sharu 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
Brands
Sharu Steels operates one associated brand: Sharu Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and supply for various industries in India. | sharusteels.com |
Business activity
The main business activity of Sharu Steels 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 Sharu Steels Private Limited, buy the company report.
Financials of Sharu Steels Private Limited
FY 2025 filings availableSharu Steels Private Limited reported revenue of ₹250.28 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 10% growth in the latest year. EBITDA rose 24% 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 | ₹12.12 Cr | ||||
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| Net Profit (PAT) | ₹3.4 Cr | ||||
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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 | 4.8% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Sharu Steels Private Limited, buy the company report.
Board of directors of Sharu Steels Private Limited
Sharu Steels has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurleen Singh | Director | 27 Aug 2008 | 18 Years 2 Months | Current |
| Kewal Krishan Garg | Managing Director | 10 Jul 1994 | 32 Years 3 Months | Current |
| Saroop Singh Also directs: Sharu Steel Rolling Mills Private Limited | Director | 14 Feb 1990 | 36 Years 8 Months | Current |
| Kawaljeet Singh Also directs: Sharu Steel Rolling Mills Private Limited | Director | 27 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Sharu Steels Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| A.V. Ispat Private Limited | ₹251.44 Cr (FY 2025) | -1.0% | Patna, Bihar, India | |||
| Varun Steel Castings Pvt Ltd | ₹250.67 Cr (FY 2025) | -11.0% | Punjab, India | |||
| Gravity Iron and Power Private Limited | ₹250.33 Cr (FY 2025) | 96963.0% | Raipur, Chhattisgarh, India | |||
| Sharu Steels Private Limitedthis company | ₹250.28 Cr (FY 2025) | ₹3.4 Cr | 1.4% | 10.0% | 34 | Ludhiana, Punjab, India |
| Prakash Re-Rollers Private Limited | ₹249.94 Cr (FY 2025) | 10.0% | Bhavnagar, Gujarat, India | |||
| Sarwottam Strips Private Limited | ₹249.81 Cr (FY 2025) | 44.0% | Raipur, Chhattisgarh, India | |||
| Maa Mangla Ispat Private Limited | ₹249.68 Cr (FY 2025) | 43.0% | Rourkela, Odisha, India | |||
| Divyansh Steel Private Limited | ₹249.65 Cr (FY 2025) | 11.0% | Nagpur, Maharashtra, India | |||
| Alaknanda Metals Private Limited | ₹249.65 Cr (FY 2024) | 25.0% | Patna, Bihar, India |
To see the full peer comparison of Sharu Steels Private Limited, buy the company report.
Auditor
Sharu Steels Private Limited is audited by R.K. Chadha & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. Chadha & Co. | FY 2022 | 003513N |
Shareholding
The shareholding of Sharu Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sharu Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2025 | 101164719 | Others | ₹2 Cr | Open | |
| 29 Jul 2025 | 101164709 | Others | ₹5 Cr | Open | |
| 29 Jul 2025 | 101164732 | Others | ₹5 Cr | Open | |
| 30 Aug 2024 | 100979381 | Others | ₹15 Lakh | Open | |
| 28 Aug 2024 | 100991406 | Hdfc Bank Limited | ₹18.97 Lakh | Open |
To see the full charge records of Sharu Steels Private Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Sharu Steels Private Limited has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in November 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Balaji Sharu Steels Private Limite, 3 individuals |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Sarup Singh & Sons Huf, 3 individuals Seller: 2 individuals |
| Feb 2011 | Funding round | ₹1.25 Cr | Investors: Esys Information Technologies Private Limited |
To see the full deal history of Sharu Steels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sharu Steels Private Limited has 33 court cases on record: 13 filed by Sharu Steels, 20 filed against it. 7 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 11 | 4 |
| High courts | 11 | 8 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed by the company against M/S Inderjit Forgings Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ms Inderjit Forgings Pvt Ltd | Disposed |
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax | Pending |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Pending |
To see the full case history of Sharu 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
Sharu Steels Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 54 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satkar Oil Co | |||
| Saru Aikoh Chemicals Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sharu Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sharu Steels Private Limited has a workforce of 34 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Sharu Steels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICS1296D1ZK | Punjab | Active | 01 Jul 2017 |
| 03AAICS1296D1DT | Punjab | Active | 29 Oct 2024 |
To see the full GST registrations and return filing status of Sharu Steels Private Limited, buy the company report.
Recent activity
Sharu Steels Private Limited has 18 board changes on record since 1990: 4 appointments and 14 cessations. The latest: Amarjit Singh ceased to be Director on 05 Feb 2020.
48 earlier events are in the company report.
Frequently asked questions
Sharu Steels is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 March 1987 (39+ years old) and is registered under CIN U18201PB1987PTC007370.
Sharu Steels has 4 current directors:
- Kewal Krishan Garg - Managing Director
- Gurleen Singh - Director
- Saroop Singh - Director
- Kawaljeet Singh - Director
The latest financial statements of Sharu Steels 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 Sharu Steels is 03AAICS1296D1ZK, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAICS1296D1DT (Punjab).
The CIN (Corporate Identification Number) of Sharu Steels is U18201PB1987PTC007370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharu Steels has 33 court cases on record: 13 filed by the company and 20 filed against it. 7 are pending. Most are in the district courts.
Sharu Steels was incorporated on 23 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sharu Steels has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹1.25 Cr; the latest was in November 2017.
The peers of Sharu Steels by revenue are A.V. Ispat Private Limited, Varun Steel Castings Pvt Ltd, Gravity Iron and Power Private Limited, Prakash Re-Rollers Private Limited, Sarwottam Strips Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Amarjit Singh ceased to be Director on 05 Feb 2020. Jagmeet Paul Singh ceased to be Whole-Time Director on 01 May 2017. Mahinder Kaur ceased to be Director on 01 May 2017. Sharu Steels has 18 board changes on record in total.
Sharu Steels has 3 MSME Form 1 returns on record between 2019 and 2020, listing 54 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Dec 2020.
Sharu Steels can be reached through the website sharusteels.com. Its registered office is in Ludhiana, Punjab, India.