MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-58-0004017
MSQ Steel Private Limited
MSQ Steel Private Limited - metals and minerals in Muzaffarnagar, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹61.45 Cr
▼ 12% YoY
Net profit · FY 2025
₹1.28 Cr
Net margin 2.1%
EBITDA · FY 2025
₹4.79 Cr
EBITDA margin 7.8%
Authorised capital
₹17 Cr
Registered with MCA
Paid-up capital
₹16.01 Cr
Issued & subscribed
Open charges
₹32.57 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
21
Provident fund records
About MSQ Steel Private Limited
Data last updated:
MSQ Steel Private Limited is a private limited company based in Muzaffarnagar, Uttar Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U27100UP2018PTC103071. Its GSTIN is 09AALCM7664G1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.01 Cr. It is led by directors Mohd Salim and Shahanavaj.
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 Dhandeda Khasra No. 452 Village Dhandeda, Muzaffarnagar, Uttar Pradesh, India – 251001.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.45 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 2.1%) and EBITDA of ₹4.79 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.57 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in March 2024. Its 5 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 3 smaller; the largest is Ned Metals Private Limited with revenue of ₹61.62 Cr.
MSQ Steel Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-58-0004017). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100UP2018PTC103071
Registration Number 103071
Incorporation Date 12 April 2018
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-58-0004017
Key People
Mohd Salim Director Shahanavaj Director Recognitions & Rankings of MSQ Steel
Contact details
MSQ Steel Private Limited's registered office is in Muzaffarnagar, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDhandeda Khasra No. 452 Village Dhandeda, Muzaffarnagar, Uttar Pradesh, India – 251001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of MSQ Steel Private Limited, buy the company report.
Comprehensive company report
MSQ Steel Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of MSQ 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 MSQ Steel Private Limited, buy the company report.
Financials of MSQ Steel Private Limited
FY 2025 filings availableMSQ Steel Private Limited reported revenue of ₹61.45 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹61.45 Cr ▼ 12%
Net profit · FY 2025
₹1.28 Cr margin 2.1%
EBITDA · FY 2025
₹4.79 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 6%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 39%
5 years · compounded
▲ 43%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 81% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 MSQ Steel Private Limited, buy the company report.
Board of directors of MSQ Steel Private Limited
MSQ Steel has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Salim | Director | 12 Apr 2018 | 8 Years 6 Months | Current |
| Shahanavaj | Director | 12 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
MSQ Steel Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Ned Metals Private Limited | ₹61.62 Cr (FY 2023) | -2.0% | Ludhiana, Punjab, India | |||
| Chandil Industries Private Limited | ₹61.56 Cr (FY 2021) | -14.0% | Kolkta, West Bengal, India | |||
| MSQ Steel Private Limitedthis company | ₹61.45 Cr (FY 2025) | ₹1.28 Cr | 2.1% | -12.0% | 21 | Muzaffarnagar, Uttar Pradesh, India |
| Trimurti Re-Rollers Private Limited | ₹61.31 Cr (FY 2025) | -39.0% | Raipur, Chhattisgarh, India | |||
| Accurate Steel Forgings (India) Limited | ₹61.14 Cr (FY 2024) | 5.0% | Chengai Mgr Dt, Tamil Nadu, India | |||
| Mahakali Ispat Private Limited | ₹61.05 Cr (FY 2023) | -3.0% | Giridih, Jharkhand, India |
To see the full peer comparison of MSQ Steel Private Limited, buy the company report.
Auditor
MSQ Steel Private Limited is audited by Aggarwal Rahul & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aggarwal Rahul & Associates | FY 2023 | 013687C |
Shareholding
The shareholding of MSQ Steel 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 MSQ Steel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2025 | 101175151 | Indian Bank | ₹26 Lakh | Open | |
| 09 Jul 2025 | 101122587 | Indian Bank | ₹37 Lakh | Open | |
| 21 Jun 2025 | 101122594 | Indian Bank | ₹2.5 Cr | Open | |
| 06 Sep 2023 | 100788510 | Others | ₹29.97 Lakh | Open | |
| 26 Jun 2023 | 100735150 | Others | ₹17.74 Lakh | Open |
To see the full charge records of MSQ Steel Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
MSQ Steel Private Limited has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in March 2024.
Total deals
7
Rights issues
4
Secondary share transfers
3
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹4.72 Cr | Investors: 4 individuals |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2022 | Rights issue | ₹4.19 Cr | Investors: 2 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of MSQ Steel 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
MSQ Steel Private Limited has 4 court cases on record: 3 filed by MSQ Steel, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WTAX) | Filed by the company against an individual | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Deputy Commissioner, Sector-5 and Another | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Deputy Commissioner and Another | Disposed |
| District court, Meerut, Uttar Pradesh | Court case (M V Act) | Filed against the company by State of Up | Disposed |
To see the full case history of MSQ 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 MSQ Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MSQ Steel Private Limited has a workforce of 21 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-4.55%
GST
MSQ Steel has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AALCM7664G1ZX | Uttar Pradesh | Active | 24 Apr 2018 |
To see the full GST registrations and return filing status of MSQ Steel Private Limited, buy the company report.
Recent activity
MSQ Steel Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohd Salim was appointed as Director on 12 Apr 2018.
Charges
A charge with Indian Bank of Rs. 28.30 Cr registered on 30 Dec 2019 with Charge ID 100320784 was modified on 15 Oct 2025.
AGM
Msq Steel Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 0.26 Cr with Charge ID 101175151 was registered on 12 Sep 2025.
Charges
A charge with Indian Bank amounted to Rs. 0.37 Cr with Charge ID 101122587 was registered on 09 Jul 2025.
Charges
A charge with Indian Bank amounted to Rs. 2.50 Cr with Charge ID 101122594 was registered on 21 Jun 2025.
Filing
Msq Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100788510 was registered on 06 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100735150 was registered on 26 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100735151 was registered on 26 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100753932 was registered on 08 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100722602 was registered on 06 Apr 2023.
Charges
A charge with Indian Bank amounted to Rs. 28.30 Cr with Charge ID 100320784 was registered on 30 Dec 2019.
3 earlier events are in the company report.
Frequently asked questions
MSQ Steel is an active private limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 April 2018 (8+ years old) and is registered under CIN U27100UP2018PTC103071.
MSQ Steel has 2 current directors:
- Mohd Salim - Director
- Shahanavaj - Director
The latest financial statements of MSQ 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 2019 are in the company report.
The GSTIN of MSQ Steel is 09AALCM7664G1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of MSQ Steel is U27100UP2018PTC103071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSQ Steel has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
MSQ Steel was incorporated on 12 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
MSQ Steel has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in March 2024.
The peers of MSQ Steel by revenue are Ned Metals Private Limited, Chandil Industries Private Limited, Trimurti Re-Rollers Private Limited, Accurate Steel Forgings (India) Limited, Mahakali Ispat Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mohd Salim was appointed as Director on 12 Apr 2018. Shahanavaj was appointed as Director on 12 Apr 2018.
Yes, MSQ Steel is registered as a small enterprise under Udyam registration (number: UDYAM-UP-58-0004017).
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