- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-05-0000904

Quality Multimetals Private Limited
About Quality Multimetals Private Limited
Data last updated:
Quality Multimetals Private Limited is a private limited company based in Mandi Gobindgarh, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27105PB1994PTC015393. Its GSTIN is 03AAFCA2837D1Z8 (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Aarti Strips Private Limited. It is led by directors Munish Goyal and Ajay Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Guru Ki Nagri Near Railway Crossing, Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2025, the company reported a revenue of ₹179.69 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹87.96 Lakh (net margin 0.5%) and EBITDA of ₹3.28 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.5 Cr and satisfied charges of ₹31.21 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in December 2023. Its 8 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 5 smaller; the largest is Grace Castings Limited with revenue of ₹180.83 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 46 overdue payments to 19 micro and small suppliers.
Quality Multimetals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-05-0000904). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Quality Multimetals
Contact details
Quality Multimetals Private Limited's registered office is in Mandi Gobindgarh, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressGuru Ki Nagri Near Railway Crossing, Mandi Gobindgarh, Punjab, India – 147301
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Quality Multimetals 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 Quality Multimetals 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 Quality Multimetals Private Limited, buy the company report.
Financials of Quality Multimetals Private Limited
FY 2024 filings availableQuality Multimetals Private Limited reported revenue of ₹179.69 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 27% 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 | ₹3.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.96 Lakh | ||||
| Balance Sheet | |||||
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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 | 1.8% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Quality Multimetals Private Limited, buy the company report.
Board of directors of Quality Multimetals Private Limited
Quality Multimetals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Goyal | Director | 03 Sep 2004 | 22 Years 1 Months | Current |
| Ajay Bansal Also directs: Shri Ambey Steel Industries Private Limited, Quality Industries Private Limited, Mountview Agro Farms Private Limited and 2 more | Director | 03 Sep 2004 | 22 Years 1 Months | Current |
Peer comparison
Quality Multimetals Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Grace Castings Limited | ₹180.83 Cr (FY 2025) | -18.0% | Kadi, Gujarat, India | |||
| Peb Structural Industries Private Limited | ₹180.63 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India | |||
| Bhiwadi Metal Rollwell Pvt. Ltd. | ₹179.77 Cr (FY 2025) | 29.0% | Alwar, Rajasthan, India | |||
| Quality Multimetals Private Limitedthis company | ₹179.69 Cr (FY 2025) | ₹87.96 Lakh | 0.5% | -12.0% | 23 | Mandi Gobindgarh, Punjab, India |
| A.N.J. Metal Recycling Private Limited | ₹179.31 Cr (FY 2025) | 12.0% | Fatehgarh Sahib, Punjab, India | |||
| Shah Metacorp Limited | ₹179.18 Cr (FY 2025) | 77.0% | Kukarwada, Gujarat, India | |||
| C P Ispat Pvt Ltd | ₹178.89 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Sun Steel & Power Private Limited | ₹178.79 Cr (FY 2025) | 31.0% | Raigarh, Chhattisgarh, India | |||
| Sharda Ispat Limited | ₹178.55 Cr (FY 2025) | -22.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Quality Multimetals Private Limited, buy the company report.
Auditor
Quality Multimetals Private Limited is audited by KHANNA ANIL ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANNA ANIL ASSOCIATES | FY 2023 | 083175 |
Shareholding
The shareholding of Quality Multimetals 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 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 Quality Multimetals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2022 | 100660002 | Others | ₹20.5 Cr | Open | |
| 23 Feb 2021 | 100432184 | Axis Bank Limited | ₹11.55 Cr | Satisfied | |
| 05 Jun 2017 | 100121891 | Hdfc Bank Limited | ₹11.55 Cr | Satisfied | |
| 10 Mar 2012 | 10340773 | Bank of Baroda | ₹1.23 Cr | Satisfied | |
| 09 Nov 2004 | 90174439 | Bank of Baroda | ₹4 Cr | Satisfied |
To see the full charge records of Quality Multimetals Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Quality Multimetals Private Limited has 3 deals on record (3 secondary share transfers); the latest was in December 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quality Multimetals Private Limited has 8 court cases on record: 5 filed by Quality Multimetals, 3 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Appeal | Filed against the company by M S Steel Corporation | Pending |
| District court, Bilaspur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed by the company against M/S Tania Exports and 1 other | Disposed |
| District court, Fatehgarh Sahib, Punjab | Cheque dishonour complaint | Filed by the company against M/S Kapotech Industries and 1 other | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed by the company against M/S Bansal Udyog | Disposed |
To see the full case history of Quality Multimetals 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
Quality Multimetals Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 46 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M/S Maruti Alloys | |||
| Jagraon Multi Metals | |||
| Menka Ind | |||
| Shri Ambay Steel Ind | |||
| an individual supplier |
To see the full MSME payment records of Quality Multimetals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Quality Multimetals Private Limited has a workforce of 23 employees on its EPFO records as of Sep 22, 2025, across 1 active EPFO establishment.
GST
Quality Multimetals has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCA2837D1Z8 | Punjab | Active | 01 Jul 2017 |
| 03AAFCA2837D1DH | Punjab | Active | 04 Nov 2024 |
To see the full GST registrations and return filing status of Quality Multimetals Private Limited, buy the company report.
Recent activity
Quality Multimetals Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Vishal Goyal ceased to be Director on 30 Mar 2024.
24 earlier events are in the company report.
Frequently asked questions
Quality Multimetals is an active private limited company based in Mandi Gobindgarh, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 December 1994 (32+ years old) and is registered under CIN U27105PB1994PTC015393.
Quality Multimetals has 2 current directors:
- Munish Goyal - Director
- Ajay Bansal - Director
The latest financial statements of Quality Multimetals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Quality Multimetals is 03AAFCA2837D1Z8, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAFCA2837D1DH (Punjab).
The CIN (Corporate Identification Number) of Quality Multimetals is U27105PB1994PTC015393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Multimetals has 8 court cases on record: 5 filed by the company and 3 filed against it. 1 is pending.
Quality Multimetals was incorporated on 01 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Quality Multimetals has 3 deals on record (3 secondary share transfers); the latest was in December 2023.
The peers of Quality Multimetals by revenue are Grace Castings Limited, Peb Structural Industries Private Limited, Bhiwadi Metal Rollwell Pvt. Ltd, A.N.J. Metal Recycling Private Limited, Shah Metacorp Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Vishal Goyal ceased to be Director on 30 Mar 2024. Anita Goyal ceased to be Director on 11 Mar 2011. Jai Goyal Parkash ceased to be Director on 11 Mar 2011. Quality Multimetals has 5 board changes on record in total.
Yes, Quality Multimetals is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-05-0000904).
Quality Multimetals has 6 MSME Form 1 returns on record between 2019 and 2022, listing 46 overdue payments to 19 micro and small suppliers. The latest return was filed on 08 Nov 2022.

