About Petropol India Limited
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Petropol India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PLC069868. Its GSTIN is 08AADCP3681L1Z0 (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.1 Cr. It is led by directors including Ashok Garg and Vijay Garg.
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 Kd – 307 Pitampura, New Delhi, Delhi, India – 110088.
As per the financials filed for FY 2025, the company reported a revenue of ₹593.05 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.69 Cr (net margin 0.6%) and EBITDA of ₹11.7 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 163 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69 Cr and satisfied charges of ₹29.67 Cr on record. Court records list 42 cases involving the company, including 38 filed by the company and 4 filed against it; 7 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2024. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Galwalia Ispat Udyog Private Limited with revenue of ₹596.46 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metro-corp.in.
Company details
CIN history
Petropol India has one previous CIN (Corporate Identification Number): L74899DL1995PLC069868. The current CIN is U74899DL1995PLC069868, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1995PLC069868 | Current |
| L74899DL1995PLC069868 | Previous |
Contact details
Petropol India Limited's registered office is in New Delhi, Delhi. Its website is metro-corp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKd – 307 Pitampura, New Delhi, Delhi, India – 110088
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Petropol India 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 Petropol India 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 Petropol India Limited, buy the company report.
Financials of Petropol India Limited
FY 2025 filings availablePetropol India Limited reported revenue of ₹593.05 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 5% growth in the latest year. EBITDA fell 5% 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 | ₹11.7 Cr | ||||
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| Net Profit (PAT) | ₹3.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Petropol India Limited, buy the company report.
Board of directors of Petropol India Limited
Petropol India has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Garg Also directs: Reby Realtech LLP, Lubok Industries Private Limited, Metro Hi-Tech Steel Private Limited and 1 more | Director | 07 Aug 2004 | 22 Years 2 Months | Current |
| Vijay Garg Also directs: Metro Agri-Industries LLP | Director | 07 Aug 2004 | 22 Years 2 Months | Current |
| Neeraj Singla | Director | 27 Mar 2021 | 5 Years 6 Months | Current |
| Atul Singla Also directs: Bambi G Motel Private Limited | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Gaurav Bansal | Director | 29 Nov 2023 | 2 Years 10 Months | Current |
Peer comparison
Petropol India Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Galwalia Ispat Udyog Private Limited | ₹596.46 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Avon Steel Industries Private Limited | ₹596.18 Cr (FY 2025) | -36.0% | Ludhiana, Punjab, India | |||
| Omat West Limited | ₹595.39 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Petropol India Limitedthis company | ₹593.05 Cr (FY 2025) | ₹3.69 Cr | 0.6% | 5.0% | 163 | New Delhi, Delhi, India |
| Sanoh India Private Limited | ₹591.06 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Dadijee Steel Manufacturing & Trading Private Limited | ₹589.28 Cr (FY 2025) | 23.0% | Koderma, Jharkhand, India | |||
| Bhagwati Steel Cast Private Limited | ₹589.06 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Aditya Ultra Steel Limited | ₹585.75 Cr (FY 2025) | 0.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Petropol India Limited, buy the company report.
Auditor
Petropol India Limited is audited by A.N.GARG & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.N.GARG & COMPANY | FY 2023 | 004616N |
Shareholding
The shareholding of Petropol India 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 Petropol India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2025 | 101194387 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 23 Mar 2022 | 100573367 | Hdfc Bank Limited | ₹30.94 Lakh | Open | |
| 22 Jul 2021 | 100469175 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 21 Oct 2019 | 100311225 | Hdfc Bank Limited | ₹68.17 Cr | Open | |
| 12 Oct 2017 | 100152188 | Hdfc Bank Limited | ₹13.42 Cr | Satisfied |
To see the full charge records of Petropol India Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Petropol India Limited has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Atul Singla(HUF), 3 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sat Pai(HUF), Raghbir Chand & Sons(HUF), Subhash Chander & Sons(HUF) |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2015 | Rights issue | ₹1.7 Cr | Investors: Atul Singla(HUF), 3 individuals |
To see the full deal history of Petropol India 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
Petropol India Limited has 42 court cases on record: 38 filed by Petropol India, 4 filed against it. 7 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 2 | 6 |
| High courts | 5 | 2 | 0 |
| NCLAT | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against GRJ Distributors and Developers Pvt. Ltd. | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Genesis Infratech Private Limited | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Agrante Realty Limited and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against GRJ Distributors & Developers Privatelimited | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Tdi Infracorp India Limited | Disposed |
To see the full case history of Petropol India 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 Petropol India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Petropol India Limited has a workforce of 163 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Petropol India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCP3681L1Z0 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Petropol India Limited, buy the company report.
Recent activity
Petropol India Limited has 11 board changes on record since 2004: 5 appointments and 6 cessations. The latest: Gaurav Bansal was appointed as Director on 29 Nov 2023.
14 earlier events are in the company report.
Frequently asked questions
Petropol India is an active public limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 June 1995 (31+ years old) and is registered under CIN U74899DL1995PLC069868.
Petropol India has 5 current directors:
- Ashok Garg - Director
- Vijay Garg - Director
- Neeraj Singla - Director
- Atul Singla - Director
- Gaurav Bansal - Director
The latest financial statements of Petropol India 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 Petropol India is 08AADCP3681L1Z0, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Petropol India is U74899DL1995PLC069868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petropol India has 42 court cases on record: 38 filed by the company and 4 filed against it. 7 are pending. Most are in the district courts.
Petropol India was incorporated on 16 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Petropol India has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in March 2024.
The peers of Petropol India by revenue are Galwalia Ispat Udyog Private Limited, Avon Steel Industries Private Limited, Omat West Limited, Sanoh India Private Limited, Dadijee Steel Manufacturing & Trading Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Gaurav Bansal was appointed as Director on 29 Nov 2023. Gaurav Bansal ceased to be Director on 21 Dec 2022. Saurav Bansal ceased to be Director on 12 Dec 2022. Petropol India has 11 board changes on record in total.
Petropol India can be reached through the website metro-corp.in. Its registered office is in New Delhi, Delhi, India.