About Padmavati Steels Limited
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Padmavati Steels Limited is a public limited company based in Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27310PB1999PLC022708. Its GSTIN is 02AACCP3844Q1Z6 (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.8 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Kailash Chand (Whole-Time Director) and Bijender Kumar Jain.
Its last annual general meeting (AGM) was held on 31 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sangrur Road Dirbadistt Sangrur, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.5 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹11.51 Lakh (net margin 3.3%) and EBITDA of ₹1.3 Cr (EBITDA margin 37%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 48% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹21.04 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website padmavatisteel.net.
Company details
CIN history
Padmavati Steels has one previous CIN (Corporate Identification Number): L27310PB1999PLC022708. The current CIN is U27310PB1999PLC022708, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310PB1999PLC022708 | Current |
| L27310PB1999PLC022708 | Previous |
Contact details
Padmavati Steels Limited's registered office is in Punjab. Its website is padmavatisteel.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSangrur Road Dirbadistt Sangrur, Punjab, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Padmavati Steels 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 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 Steels Limited, buy the company report.
Financials of Padmavati Steels Limited
FY 2024 filings availablePadmavati Steels Limited reported revenue of ₹3.5 Cr (up 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 64% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 48%. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.3 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹11.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Padmavati Steels Limited, buy the company report.
Board of directors of Padmavati Steels Limited
Padmavati Steels has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijender Kumar Jain Also directs: JB Rolling Mills Limited, J.D Metalloys Limited, JB Alloy & Steel Private Limited and 1 more | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Sanjay Jain | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Kailash Chand | Whole-Time Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Sunita Rani Garg Also directs: Sirmour Steel Industries LLP, Jaiyam Industries LLP, HMT Foods Private Limited and 1 more | Director | 01 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Padmavati Steels Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| R H Mechatronics Pvt Ltd | ₹3.53 Cr (FY 2025) | 87.0% | Chandigarh, India | |||
| Padmavati Steels Limitedthis company | ₹3.5 Cr (FY 2024) | ₹11.51 Lakh | 3.3% | 64.0% | 2 | Punjab, India |
| S.K.Iron Products Pvt Ltd | ₹3.49 Cr (FY 2025) | -7.0% | Howrah, West Bengal, India | |||
| Arise Industries and Agency Private Limited | ₹3.47 Cr (FY 2025) | -74.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Padmavati Steels Limited, buy the company report.
Auditor
Padmavati Steels Limited is audited by VIBHOR GARG & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIBHOR GARG & COMPANY | FY 2023 | 021960N |
Shareholding
The shareholding of Padmavati Steels Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmavati Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2009 | 10141499 | District Industries Centre | ₹30 Lakh | Open | |
| 21 Aug 2020 | 100370864 | Others | ₹1.63 Cr | Satisfied | |
| 28 Dec 2018 | 100248528 | Hdfc Bank Limited | ₹14.57 Lakh | Satisfied | |
| 28 Dec 2018 | 100248531 | Hdfc Bank Limited | ₹14.57 Lakh | Satisfied | |
| 26 Sep 2018 | 100223008 | Others | ₹8.65 Cr | Satisfied |
To see the full charge records of Padmavati Steels Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Padmavati Steels Limited has 10 court cases on record: 8 filed by Padmavati Steels, 2 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Writ petition | Filed against the company by M/S H.M. Steels Ltd and Anr | Pending |
| District court, Chandigarh | Execution petition | Filed by the company against Capital Financial Consultancy India Ltd and 4 others | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Himachal Pradesh State Electricity Board Ltd. and 3 others | Disposed |
| District court, Chandigarh | Civil miscellaneous application | Filed by the company against Capiral Financial Consultancy India Ltd and 4 others | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Principal Commissioner of Income Tax, Patiala | Disposed |
To see the full case history of Padmavati Steels 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 Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Padmavati Steels Limited has a workforce of 2 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Padmavati Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AACCP3844Q1Z6 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padmavati Steels Limited, buy the company report.
Recent activity
Padmavati Steels Limited has 14 board changes on record since 2004: 4 appointments and 10 cessations. The latest: Sushil Kumar ceased to be Director on 23 Dec 2020.
21 earlier events are in the company report.
Frequently asked questions
Padmavati Steels is an active public limited company based in Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 June 1999 (27+ years old) and is registered under CIN U27310PB1999PLC022708.
Padmavati Steels has 4 current directors:
- Kailash Chand - Whole-Time Director
- Bijender Kumar Jain - Director
- Sanjay Jain - Director
- Sunita Rani Garg - Director
The latest financial statements of Padmavati Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Padmavati Steels is 02AACCP3844Q1Z6, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Padmavati Steels is U27310PB1999PLC022708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmavati Steels has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Padmavati Steels was incorporated on 22 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Padmavati Steels by revenue are R H Mechatronics Pvt Ltd, S.K.Iron Products Pvt Ltd, Arise Industries and Agency Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sushil Kumar ceased to be Director on 23 Dec 2020. Sunita Rani Garg was appointed as Director on 01 Jan 2020. Jagdish Chander ceased to be Additional Director on 30 Sep 2019. Padmavati Steels has 14 board changes on record in total.
Padmavati Steels can be reached through the website padmavatisteel.net. Its registered office is in Punjab, India.
The registered office of Padmavati Steels is at Sangrur Road Dirbadistt Sangrur, Punjab, India.
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