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.
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- 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
- 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
- One PDF report, delivered after checkout
Business Activity of Padmavati Devi Steels Private Limited
The main business activity of Padmavati Devi Steels is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Padmavati Devi Steels Private Limited FY 2024 filings available
Padmavati Devi Steels Private Limited reported revenue of ₹587.49 Cr (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Padmavati Devi Steels Private Limited
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 of Padmavati Devi Steels Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.36 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 of Padmavati Devi Steels Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Padmavati Devi Steels are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Padmavati Devi Steels Private Limited
Padmavati Devi Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deep Industries Limited | ₹608.46 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
| Rashi Steel and Power Limited | ₹607.4 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bilaspur, Chhattisgarh, India |
| Sudarshan Minchem Limited | ₹592.05 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Udaipur, Rajasthan, India |
| Phil Coal Benefication Private Limited | ₹591.92 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bilaspur, Chhattisgarh, India |
| Maamahamaya Ispat & Alloys Private Limited | ₹590.6 Cr (FY 2025) | •••• | •••• | 385.0% | •••• | Varanasi, Uttar Pradesh, India |
| Padmavati Devi Steels Private Limited this company | ₹587.49 Cr (FY 2023) | •••• | •••• | 6.0% | •••• | Ahmednagar, Maharashtra, India |
| Continental Carbon India Private Limited (Tfr.Co. From W.B. to Delhi) | ₹569.85 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Gujarat Nre Coke Ltd | ₹546.4 Cr (FY 2017) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Aqua Terra Coke & Energy Limited | ₹524.49 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Village Ketnamallee Gummidipoondi, Tamil Nadu, India |
| Harsh Fuels Private Limited | ₹508.11 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Mahalaxmi Ennore Coke & Power Private Limited | ₹495.21 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Padmavati Devi Steels by revenue in the Metals and Minerals industry (Other Minerals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Padmavati Devi Steels Private Limited
Padmavati Devi Steels Private Limited is audited by H. M. Kale & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. M. Kale & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Padmavati Devi Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Padmavati Devi Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2024 | Others | ₹13 Cr | Open |
| 25 Jul 2023 | Others | ₹3.33 Cr | Open |
| 26 Dec 2022 | Others | ₹1 Cr | Open |
| 30 Jun 2020 | Others | ₹3 Cr | Open |
| 28 Jun 2019 | Others | ₹2.7 Cr | Open |
Total charge records: 7 View all charges
Legal Cases of Padmavati Devi Steels Private Limited
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. Status as checked between 30 Sep 2026 and 03 Oct 2026.
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 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 an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Deputy/Assistant Commissioner of Income Tax Central Circle 1(2), Pune | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Padmavati Devi Steels Private Limited
Padmavati Devi Steels Private Limited has a workforce of 9 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Padmavati Devi Steels Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Padmavati Devi Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Padmavati Devi Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Padmavati Devi Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Padmavati Devi Steels Private Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Padmavati Devi Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Padmavati Devi Steels Private Limited
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 reported revenue of ₹587.49 Cr for FY 2023 (up 6% YoY).
Padmavati Devi Steels has 2 current directors:
- Shreedhar Dinkar Bade - Director
- Deepak Ambadas Nagargoje - Director
Padmavati Devi Steels reported a net profit of ₹3.36 Cr (net margin 0.6%) and EBITDA of ₹10.05 Cr (EBITDA margin 1.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Padmavati Devi Steels is 20% over three years and 18% over five years. In the latest year (FY 2023) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Padmavati Devi Steels by revenue are Deep Industries Limited, Rashi Steel and Power Limited, Sudarshan Minchem Limited, Phil Coal Benefication Private Limited, Maamahamaya Ispat & Alloys Private Limited and 5 more, all in the Metals and Minerals industry (Other Minerals).
Deepak Ambadas Nagargoje was appointed as Director on 30 Apr 2016. Shreedhar Dinkar Bade was appointed as Director on 30 Apr 2016.