About Shivangi Rolling Mills Private Limited
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Shivangi Rolling Mills Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28110MP2002PTC017754. Its GSTIN is 23AAGCS8004B1ZW (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5.01 Cr. It was formerly known as Shivangi Estates Limited. It is led by directors including Vishakha Bansal and Sunil Arya.
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 305 – 306 Airen Heights 14 P. U. 3 Commercial Scheme No. 54, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹292.64 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.26 Cr (net margin 2.1%) and EBITDA of ₹19.64 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 19% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shivangi TMT Bars. As per MCA filings, the company has open charges of ₹68.47 Cr and satisfied charges of ₹49.12 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending. The company has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.26 Cr; the latest was in September 2017. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Rashmi Sponge Iron and Power Industries Private Limited with revenue of ₹294.94 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivangitmtbars.com.
Company details
CIN history
Shivangi Rolling Mills has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28110MP2002PTC017754, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28110MP2002PTC017754 | Current |
| U28110MP2005PTC017754 | Previous |
| U07010MP2005PLC017754 | Previous |
| U28110MP2005PLC017754 | Previous |
Contact details
Shivangi Rolling Mills Private Limited's registered office is in Indore, Madhya Pradesh. Its website is shivangitmtbars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address305 – 306 Airen Heights 14 P. U. 3 Commercial Scheme No. 54, Indore, Madhya Pradesh, India – 452001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shivangi Rolling Mills 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
Shivangi Rolling Mills operates one associated brand: Shivangi TMT Bars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of TMT steel bars in India. | shivangitmtbars.com |
Business activity
The main business activity of Shivangi Rolling Mills 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 Shivangi Rolling Mills Private Limited, buy the company report.
Financials of Shivangi Rolling Mills Private Limited
FY 2025 filings availableShivangi Rolling Mills Private Limited reported revenue of ₹292.64 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 5% growth in the latest year. EBITDA rose 214% 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 | ₹19.64 Cr | ||||
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| Net Profit (PAT) | ₹6.26 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 | 6.7% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Shivangi Rolling Mills Private Limited, buy the company report.
Board of directors of Shivangi Rolling Mills Private Limited
Shivangi Rolling Mills has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishakha Bansal | Director | 20 May 2022 | 4 Years 5 Months | Current |
| Sunil Arya | Director | 06 Oct 2022 | 4 Years 0 Months | Current |
| Divyanshu Bansal | Director | 26 Jun 2013 | 13 Years 4 Months | Current |
| Pankaj Bansal Also directs: Motilal Agarwal Steels Private Limited | Director | 30 Jun 2005 | 21 Years 3 Months | Current |
Peer comparison
Shivangi Rolling Mills Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Rashmi Sponge Iron and Power Industries Private Limited | ₹294.94 Cr (FY 2025) | -21.0% | Raipur, Chhattisgarh, India | |||
| India Steel Summit Private Limited | ₹293.08 Cr (FY 2024) | 13.0% | Greater Noida, Uttar Pradesh, India | |||
| Shivangi Rolling Mills Private Limitedthis company | ₹292.64 Cr (FY 2025) | ₹6.26 Cr | 2.1% | 5.0% | 177 | Indore, Madhya Pradesh, India |
| Oplus Steel and Power Private Limited | ₹292.1 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Ratusaria Industries Private Limited | ₹291.91 Cr (FY 2025) | -3.0% | Howrah, West Bengal, India | |||
| Sree Rengaraj Ispat Industries Private Limited | ₹291.49 Cr (FY 2024) | 3.0% | Perundurai, Tamil Nadu, India | |||
| Pca Processing Unit India Private Limited | ₹291.39 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shivangi Rolling Mills Private Limited, buy the company report.
Auditor
Shivangi Rolling Mills Private Limited is audited by S V Agrawal & Associated for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V Agrawal & Associated | FY 2024 | 006301C |
Shareholding
The shareholding of Shivangi Rolling Mills Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shivangi Rolling Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101140695 | Others | ₹54.57 Lakh | Open | |
| 05 May 2025 | 101102471 | Sidbi | ₹7.49 Cr | Open | |
| 18 Jul 2024 | 100950058 | Others | ₹21.15 Lakh | Open | |
| 11 Jul 2024 | 100950393 | Others | ₹10 Cr | Open | |
| 10 May 2023 | 100721873 | Axis Bank Limited | ₹95.57 Lakh | Open |
To see the full charge records of Shivangi Rolling Mills Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Shivangi Rolling Mills Private Limited has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.26 Cr; the latest was in September 2017.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Kine Scope Private Limited, Pramila Investments & Finance Limited, Neema Investments Pvt Ltd |
| Mar 2011 | Funding round | ₹1.65 Cr | Investors: Tutor Investment & Finance Limited, Shubham Investment and Finance Private Limited , Mangal Murti Infra Real Private Limited |
| Mar 2007 | Funding round | ₹3.15 Cr | Investors: Pursuit Securities Limited , Neema Investments Pvt Ltd , Money Panny Fincom Private Limited |
To see the full deal history of Shivangi Rolling Mills 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
Shivangi Rolling Mills Private Limited has 6 court cases on record: 4 filed by Shivangi Rolling Mills, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against M/S Pragya Engineering Pvt Ltd | Disposed |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S New Sardar Steel Through Sardar Amarjeetsingh Chhabda | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed by the company against M/S Pragra Engineering Private Limited | Disposed |
| District court, Jalgaon, Maharashtra | Criminal miscellaneous application | Filed by the company against State of Maharashtra | Disposed |
| NCLT, Indore | Company petition | Filed against the company by individuals | Disposed |
To see the full case history of Shivangi Rolling Mills 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
Shivangi Rolling Mills Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shri Balaji Ceremics Products, Bhiwandi |
To see the full MSME payment records of Shivangi Rolling Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shivangi Rolling Mills Private Limited has a workforce of 177 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Shivangi Rolling Mills has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCS8004B1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAGCS8004B1D5 | Madhya Pradesh | Active | 30 Oct 2024 |
To see the full GST registrations and return filing status of Shivangi Rolling Mills Private Limited, buy the company report.
Recent activity
Shivangi Rolling Mills Private Limited has 10 board changes on record since 2005: 4 appointments and 6 cessations. The latest: Sunil Arya ceased to be Additional Director on 29 Sep 2023.
45 earlier events are in the company report.
Frequently asked questions
Shivangi Rolling Mills is an active private limited company based in Indore, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 October 2002 (24+ years old) and is registered under CIN U28110MP2002PTC017754.
Shivangi Rolling Mills has 4 current directors:
- Vishakha Bansal - Director
- Sunil Arya - Director
- Divyanshu Bansal - Director
- Pankaj Bansal - Director
The latest financial statements of Shivangi Rolling Mills 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 Shivangi Rolling Mills is 23AAGCS8004B1ZW, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAGCS8004B1D5 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Shivangi Rolling Mills is U28110MP2002PTC017754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivangi Rolling Mills has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Shivangi Rolling Mills was incorporated on 10 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Gwalior.
Shivangi Rolling Mills has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.26 Cr; the latest was in September 2017.
The peers of Shivangi Rolling Mills by revenue are Rashmi Sponge Iron and Power Industries Private Limited, India Steel Summit Private Limited, Oplus Steel and Power Private Limited, Ratusaria Industries Private Limited, Sree Rengaraj Ispat Industries Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sunil Arya ceased to be Additional Director on 29 Sep 2023. Sunil Arya was appointed as Director on 06 Oct 2022. Vishakha Bansal was appointed as Director on 20 May 2022. Shivangi Rolling Mills has 10 board changes on record in total.
Shivangi Rolling Mills has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 22 May 2019.
Shivangi Rolling Mills can be reached through the website shivangitmtbars.com. Its registered office is in Indore, Madhya Pradesh, India.