Padmavati Devi Steels Private Limited
About Padmavati Devi Steels Private Limited
Data last updated:
Padmavati Devi Steels Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 30 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC164238. Its GSTIN is 27AAICP6473B1ZC (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.5 Cr. It is led by directors Shreedhar Dinkar Bade and Deepak Ambadas Nagargoje.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1A/2/3B Plot No. B1 Nagapur Nagar Manmad Road M.I.D.C., Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2023, the company reported a revenue of ₹587.49 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.36 Cr (net margin 0.6%) and EBITDA of ₹10.05 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 18% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹68.53 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Padmavati Devi Steels Private Limited's registered office is in Ahmednagar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1A/2/3B Plot No. B1 Nagapur Nagar Manmad Road M.I.D.C., Ahmednagar, Maharashtra, India – 414111
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Padmavati Devi 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
Business activity
The main business activity of Padmavati Devi 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 Padmavati Devi Steels Private Limited, buy the company report.
Financials of Padmavati Devi Steels Private Limited
FY 2024 filings availablePadmavati Devi Steels Private Limited reported revenue of ₹587.49 Cr (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 6% growth in the latest year. EBITDA rose 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹587.49 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Padmavati Devi Steels Private Limited, buy the company report.
Board of directors of Padmavati Devi Steels Private Limited
Padmavati Devi Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreedhar Dinkar Bade | Director | 30 Apr 2016 | 10 Years 5 Months | Current |
| Deepak Ambadas Nagargoje | Director | 30 Apr 2016 | 10 Years 5 Months | Current |
Auditor
Padmavati Devi Steels Private Limited is audited by H. M. Kale & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. M. Kale & Associates | FY 2023 | 119458W |
Shareholding
The shareholding of Padmavati Devi 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 Padmavati Devi Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2024 | 100898592 | Others | ₹13 Cr | Open | |
| 25 Jul 2023 | 100762539 | Others | ₹3.33 Cr | Open | |
| 26 Dec 2022 | 100657467 | Others | ₹1 Cr | Open | |
| 30 Jun 2020 | 100366925 | Others | ₹3 Cr | Open | |
| 28 Jun 2019 | 100282401 | Others | ₹2.7 Cr | Open |
To see the full charge records of Padmavati Devi Steels Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Padmavati Devi Steels Private Limited has 6 court cases on record: 3 filed by Padmavati Devi Steels, 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmednagar, Maharashtra | Court case (M.A.C.P.) | Filed against the company by individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| High Court | Writ petition | Filed by the company against Deputy/Assistant Commissioner of Income Tax Central Circle 1( and 3 others | Disposed |
To see the full case history of Padmavati Devi 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
No delayed payments to MSME suppliers are on our record for Padmavati Devi Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Padmavati Devi Steels Private Limited has a workforce of 9 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Padmavati Devi Steels has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP6473B1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AAICP6473B1DL | Maharashtra | Active | 04 Dec 2024 |
To see the full GST registrations and return filing status of Padmavati Devi Steels Private Limited, buy the company report.
Recent activity
Padmavati Devi Steels Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Deepak Ambadas Nagargoje was appointed as Director on 30 Apr 2016.
1 earlier event is in the company report.
Frequently asked questions
Padmavati Devi Steels is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 30 April 2016 (10+ years old) and is registered under CIN U74999PN2016PTC164238.
Padmavati Devi Steels has 2 current directors:
- Shreedhar Dinkar Bade - Director
- Deepak Ambadas Nagargoje - Director
The latest financial statements of Padmavati Devi Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Padmavati Devi Steels is 27AAICP6473B1ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAICP6473B1DL (Maharashtra).
The CIN (Corporate Identification Number) of Padmavati Devi Steels is U74999PN2016PTC164238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmavati Devi Steels has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Padmavati Devi Steels was incorporated on 30 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Deepak Ambadas Nagargoje was appointed as Director on 30 Apr 2016. Shreedhar Dinkar Bade was appointed as Director on 30 Apr 2016.
The registered office of Padmavati Devi Steels is at 1A23B Plot No. B1 Nagapur Nagar Manmad Road M.I.D.C., Ahmednagar, Maharashtra, India – 414111.
Padmavati Devi Steels operates in the metals and minerals industry, in the other metals and minerals segment.