About Rathi Special Steels Limited
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Rathi Special Steels 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 06 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL2004PLC125653. Its GSTIN is 08AACCR8097H1ZW (Rajasthan). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹14.6 Cr and a paid-up capital of ₹7.22 Cr. It is led by directors including Uddhav Rathi and Rajendra Prasad.
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 A – 24/8 Mohan Co – Operative Industrial Estate Mathura Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹373.63 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Cr (net margin 0.8%) and EBITDA of ₹14.31 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RATHI. As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹153.15 Cr on record. Court records list 29 cases involving the company, including 19 filed by the company and 11 filed against it; 10 cases are pending. The company has 18 deals on record (13 secondary share transfers, 5 funding rounds), with disclosed funding of ₹23.95 Cr; the latest was in February 2024. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 4 smaller; the largest is P D P Steels Ltd with revenue of ₹376.88 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 rathisteels.com.
Company details
Contact details
Rathi Special Steels Limited's registered office is in New Delhi, Delhi. Its website is rathisteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 24/8 Mohan Co – Operative Industrial Estate Mathura Road, New Delhi, Delhi, India – 110044
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Rathi Special 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
Brands
Rathi Special Steels operates one associated brand: RATHI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial steel equipment is manufactured for various sectors since 1942. | rathisteels.com |
Business activity
The main business activity of Rathi Special 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 Rathi Special Steels Limited, buy the company report.
Financials of Rathi Special Steels Limited
FY 2025 filings availableRathi Special Steels Limited reported revenue of ₹373.63 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.31 Cr | ||||
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| Net Profit (PAT) | ₹3.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Rathi Special Steels Limited, buy the company report.
Board of directors of Rathi Special Steels Limited
Rathi Special Steels has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uddhav Rathi Also directs: Rathi Bars Limited, Gordhan Das Rathi Steels Limited, Sarveshwar Cereals Private Limited and 5 more | Director | 01 Apr 2014 | 12 Years 6 Months | Current |
| Rajendra Prasad Also directs: Rathi Bars Limited | Director | 04 Sep 2025 | 1 Years 1 Months | Current |
| Anurag Rathi Also directs: Rathi Bars Limited, Gordhan Das Rathi Steels Limited, Sarveshwar Cereals Private Limited and 5 more | Director | 06 Apr 2004 | 22 Years 6 Months | Current |
| Shikha Chakraborty Also directs: Rathi Bars Limited | Director | 30 Nov 2018 | 7 Years 10 Months | Current |
| Hukum Singh Also directs: Rathi Bars Limited, Bhiwadi Iron Private Limited, Khushkhera Steels Private Limited and 1 more | Director | 17 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Rathi Special Steels Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| P D P Steels Ltd | ₹376.88 Cr (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| Ramkripal Steels Private Limited | ₹375.8 Cr (FY 2025) | 21.0% | Koderma, Jharkhand, India | |||
| Rathi Special Steels Limitedthis company | ₹373.63 Cr (FY 2025) | ₹3.09 Cr | 0.8% | -8.0% | 79 | New Delhi, Delhi, India |
| A-One Gold Pipes and Tubes Private Limited | ₹372.88 Cr (FY 2025) | -14.0% | Bengaluru, Karnataka, India | |||
| Satyam Smelters Private Limited | ₹372.04 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Kanishk Steel Industries Limited | ₹371.64 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| HK Ispat Private Limited | ₹371.06 Cr (FY 2025) | -3.0% | Godhra, Gujarat, India |
To see the full peer comparison of Rathi Special Steels Limited, buy the company report.
Auditor
Rathi Special Steels Limited is audited by Gupta Verma & Sethi for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Verma & Sethi | FY 2022 | 2605N |
Shareholding
The shareholding of Rathi Special Steels Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Rathi Special Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101194513 | Axis Bank Limited | ₹65 Cr | Open | |
| 22 Nov 2024 | 101007444 | Yes Bank Limited | ₹20 Cr | Open | |
| 18 Nov 2022 | 100648444 | Hdfc Bank Limited | ₹3.8 Cr | Satisfied | |
| 16 Feb 2021 | 100421367 | Hdfc Bank Limited | ₹9 Cr | Satisfied | |
| 04 Sep 2020 | 100373010 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Rathi Special Steels Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Rathi Special Steels Limited has 18 deals on record (13 secondary share transfers, 5 funding rounds), with disclosed funding of ₹23.95 Cr; the latest was in February 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Bhiwadi Iron Private Limited , 3 individuals Seller: Parnika Investments Private Limited, 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Anurag Rathi HUF, 3 individuals Seller: Rathi Iron Private Limited |
| Jan 2015 | Funding round | ₹3.88 Cr | Investors: Sarveshwar Cereals Private Limited , Uddhav Leasing and Finance Private Limited , 2 individuals |
| Mar 2014 | Funding round | ₹1.92 Cr | Investors: Pushpkamal Enterprises Private Limited , Vasudev Exports Private Limited , Eleventh Hour Leasing and Finance Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Vasudev Exports Private Limited Seller: Rathi Exports Private Limited |
To see the full deal history of Rathi Special Steels 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
Rathi Special Steels Limited has 29 court cases on record: 19 filed by Rathi Special Steels, 11 filed against it. 10 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 7 | 6 |
| District courts | 9 | 4 | 3 |
| NCLAT | 2 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Axis Bank Limited and Anr | Pending |
| High Court, PUNJAB | Revision petition | Filed against the company by Rathi Special Steels Ltd and 1 other | Pending |
| High Court, PUNJAB | Revision petition | Filed by the company against Rathi Special Steels Ltd. and Anr and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Gail (India) Limited and 1 other | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against M/S Gail (India) Limited Director Gail Bhawan, 16, Bhikaji Cama Place New Delhi , , Delhi and 2 others | Disposed |
To see the full case history of Rathi Special 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.
Credit ratings & regulatory alerts
Rathi Special Steels Limited was last rated by Care on 05 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2022 |
To see the full credit ratings and regulatory alerts of Rathi Special Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rathi Special Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rathi Special Steels Limited has a workforce of 79 employees on its EPFO records as of Jan 31, 2026, across 1 active EPFO establishment.
GST
Rathi Special Steels has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCR8097H1ZW | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rathi Special Steels Limited, buy the company report.
Recent activity
Rathi Special Steels Limited has 16 board changes on record since 2004: 5 appointments and 11 cessations. The latest: Rajendra Prasad ceased to be Additional Director on 29 Sep 2025.
29 earlier events are in the company report.
News
Frequently asked questions
Rathi Special Steels 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 06 April 2004 (22+ years old) and is registered under CIN U27109DL2004PLC125653.
Rathi Special Steels has 5 current directors:
- Uddhav Rathi - Director
- Rajendra Prasad - Director
- Anurag Rathi - Director
- Shikha Chakraborty - Director
- Hukum Singh - Director
The latest financial statements of Rathi Special Steels 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 Rathi Special Steels is 08AACCR8097H1ZW, registered in Rajasthan. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rathi Special Steels is U27109DL2004PLC125653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rathi Special Steels has 29 court cases on record: 19 filed by the company and 11 filed against it. 10 are pending. Most are in the high courts.
Rathi Special Steels was incorporated on 06 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Rathi Special Steels has 18 deals on record (13 secondary share transfers, 5 funding rounds), with disclosed funding of ₹23.95 Cr; the latest was in February 2024.
The peers of Rathi Special Steels by revenue are P D P Steels Ltd, Ramkripal Steels Private Limited, A-One Gold Pipes and Tubes Private Limited, Satyam Smelters Private Limited, Kanishk Steel Industries Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Rajendra Prasad ceased to be Additional Director on 29 Sep 2025. Rajendra Prasad was appointed as Director on 04 Sep 2025. Hukum Singh was appointed as Director on 17 Jan 2023. Rathi Special Steels has 16 board changes on record in total.
Rathi Special Steels can be reached through the website rathisteels.com. Its registered office is in New Delhi, Delhi, India.