About Oswal Smelters Private Limited
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Oswal Smelters Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27107KA2008PTC046211. Its GSTIN is 29AABCO0319E2ZS (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹34.6 Lakh. It is led by directors including Saritha Devi and Sapna Jain.
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 'Oswal'S' No.1034 III Floor Dr. Rajkumar Road 4th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2025, the company reported a revenue of ₹753.99 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹22.79 Cr (net margin -3%) and EBITDA of -₹12.99 Cr (EBITDA margin -1.7%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 79% over five years.
The company has about 197 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.63 Cr and satisfied charges of ₹11.1 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.96 Cr; the latest was in October 2014. The company has 7 MSME Form 1 returns on record between 2022 and 2023, listing 65 overdue payments to 8 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 oswalminerals.com.
Company details
Contact details
Oswal Smelters Private Limited's registered office is in Bangalore, Karnataka. Its website is oswalminerals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address'Oswal'S' No.1034 III Floor Dr. Rajkumar Road 4th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Oswal Smelters 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 activities of Oswal Smelters are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Oswal Smelters Private Limited, buy the company report.
Financials of Oswal Smelters Private Limited
FY 2025 filings availableOswal Smelters Private Limited reported revenue of ₹753.99 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 58% 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 | -₹12.99 Cr | ||||
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| Net Profit (PAT) | -₹22.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -1.7% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of Oswal Smelters Private Limited, buy the company report.
Board of directors of Oswal Smelters Private Limited
Oswal Smelters has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saritha Devi Also directs: Oswal Minerals Limited | Director | 22 Feb 2016 | 10 Years 8 Months | Current |
| Sapna Jain Also directs: Oswal Minerals Limited, Oswal Alloys Private Limited | Director | 10 Jun 2011 | 15 Years 4 Months | Current |
| Seema Jain Also directs: Oswal Minerals Limited, Oswal Alloys Private Limited | Director | 22 Feb 2016 | 10 Years 8 Months | Current |
| Subhash Chand Mohanlal | Director | 01 Nov 2010 | 16 Years 0 Months | Current |
| Mohanlal Bharath Kumar Jain | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Sripal Kumar Mohanlal | Director | 28 Apr 2008 | 18 Years 6 Months | Current |
Auditor
Oswal Smelters Private Limited is audited by Sanjay Pitliya and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Pitliya and Co | FY 2023 | 017404S |
Shareholding
The shareholding of Oswal Smelters 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 Oswal Smelters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2023 | 100761711 | State Bank of India | ₹13.15 Lakh | Open | |
| 22 Mar 2022 | 100570994 | Hdfc Bank Limited | ₹32.5 Cr | Open | |
| 24 Sep 2011 | 10308816 | Andhra Pradesh State Financial Corporation | ₹11.1 Cr | Satisfied |
To see the full charge records of Oswal Smelters Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Oswal Smelters Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.96 Cr; the latest was in October 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Gravity Barter Limited , Shyama Properties Sales Private Limited , Nitin Hire Purchase Private Limited |
| May 2011 | Funding round | ₹2.96 Cr | Investors: Nitin Hire Purchase Private Limited , Sarveshrestha Traders Private Limited , Palsana Commotrade Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Oswal Smelters Private Limited has 7 court cases on record: 1 filed by Oswal Smelters, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Shyam Ferrous Limited | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed against the company by Southern Power Distribution Company of Andhra Pradesh Ltd., and 1 other | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd., and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Jothi Lime Industries | Disposed |
| District court, Thoothukudi, Tamil Nadu | Civil suit | Filed against the company by Jothi Lime Industries Through Its Partner Sailanathan.A | Disposed |
To see the full case history of Oswal Smelters 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
Oswal Smelters Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 65 overdue payments to 8 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Herradinath Private Limited | |||
| Encore Equipment Solutions Private Limited | |||
| an individual supplier | |||
| Century Fab Tech Private Limited |
To see the full MSME payment records of Oswal Smelters Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Oswal Smelters Private Limited has a workforce of 197 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Oswal Smelters has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO0319E2ZS | Karnataka | Active | 13 Jul 2017 |
| 37AABCO0319E1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oswal Smelters Private Limited, buy the company report.
Recent activity
Oswal Smelters Private Limited has 12 board changes on record since 2008: 6 appointments and 6 cessations. The latest: Sunitha Vimal Kumar ceased to be Director on 12 Dec 2021.
8 earlier events are in the company report.
Frequently asked questions
Oswal Smelters is an active private limited company based in Bangalore, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 April 2008 (18+ years old) and is registered under CIN U27107KA2008PTC046211.
Oswal Smelters has 6 current directors:
- Saritha Devi - Director
- Sapna Jain - Director
- Seema Jain - Director
- Subhash Chand Mohanlal - Director
- Mohanlal Bharath Kumar Jain - Director
- Sripal Kumar Mohanlal - Director
The latest financial statements of Oswal Smelters 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 Oswal Smelters is 29AABCO0319E2ZS, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AABCO0319E1ZW (Andhra Pradesh).
The CIN (Corporate Identification Number) of Oswal Smelters is U27107KA2008PTC046211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oswal Smelters has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Oswal Smelters was incorporated on 28 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Oswal Smelters has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.96 Cr; the latest was in October 2014.
Sunitha Vimal Kumar ceased to be Director on 12 Dec 2021. Saritha Devi ceased to be Additional Director on 28 Sep 2016. Seema Jain ceased to be Additional Director on 28 Sep 2016. Oswal Smelters has 12 board changes on record in total.
Oswal Smelters has 7 MSME Form 1 returns on record between 2022 and 2023, listing 65 overdue payments to 8 micro and small suppliers. The latest return was filed on 02 Jan 2024.
Oswal Smelters can be reached through the website oswalminerals.com. Its registered office is in Bangalore, Karnataka, India.
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