MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0029434
Ratnam Steel Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.05 Lakh
▼ 39% YoY
Net loss · FY 2024
₹24,209
Net margin -23.1%
EBITDA · FY 2024
-₹22,976
EBITDA margin -21.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹2.69 Cr
No open charges
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Ratnam Steel Limited
Data last updated:
Ratnam Steel Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2011PLC217813. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Gautam Kaluchand Sanghvi and Muthiah Arimurugan.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹24,209 (net margin -23.1%) and EBITDA of -₹22,976 (EBITDA margin -21.9%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 76% over five years.
As per MCA filings, the company has satisfied charges of ₹2.69 Cr on record. Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 1 case is pending.
Ratnam Steel Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0029434). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnamsteel.com.
Company details
CIN U51909MH2011PLC217813
Registration Number 217813
Incorporation Date 24 May 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0029434
Key People
Gautam Kaluchand Sanghvi Director Muthiah Arimurugan Director Mayuri Pratish Sawant Director Recognitions & Rankings of Ratnam Steel
Contact details
Ratnam Steel Limited's registered office is in Mumbai, Maharashtra. Its website is ratnamsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 4 Ground Floor Plot – 115 Arihant Apartment Khemraj Kishnadas Marg, Khetwadi, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ratnam Steel Limited, buy the company report.
Comprehensive company report
Ratnam Steel Limited - one report that includes everything
- 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
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Financials of Ratnam Steel Limited
FY 2024 filings availableRatnam Steel Limited reported revenue of ₹1.05 Lakh (down 39% YoY) for FY 2024.
Revenue · FY 2024
₹1.05 Lakh ▼ 39%
Net loss · FY 2024
₹24,209 margin -23.1%
EBITDA · FY 2024
-₹22,976 margin -21.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 90%
5 years · compounded
▼ 76%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years, including a 39% fall in the latest year. EBITDA rose 94% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹22,976 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24,209 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.9% | ||||
| Net Profit Margin | -23.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ratnam Steel Limited, buy the company report.
Board of directors of Ratnam Steel Limited
Ratnam Steel has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Kaluchand Sanghvi | Director | 24 May 2011 | 15 Years 5 Months | Current |
| Muthiah Arimurugan | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
| Mayuri Pratish Sawant | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Ratnam Steel Limited is audited by PRANAV BOTHRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV BOTHRA & CO. | FY 2023 | 139064W |
Shareholding
The shareholding of Ratnam Steel 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ratnam Steel Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2018 | 100222813 | Others | ₹2.69 Cr | Satisfied |
To see the full charge records of Ratnam Steel Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ratnam Steel Limited has 13 court cases on record: 10 filed by Ratnam Steel, 3 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
10
Filed against the company
3
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| High Court, MAHARASHTRA | Appeal | Filed against the company by individuals | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against individuals | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of Ratnam Steel 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 Ratnam Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ratnam Steel has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Ratnam Steel Limited, buy the company report.
Recent activity
Ratnam Steel Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Kaluchand Chelaji Sanghvi ceased to be Director on 17 Jan 2022.
AGM
Ratnam Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ratnam Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Kaluchand Chelaji Sanghvi ceased to be Director.
Appointed
Mayuri Pratish Sawant was appointed as Director.
Appointed
Muthiah Arimurugan was appointed as Director.
Ceased
Pinky Gautam Sanghvi ceased to be Director.
Charges
A charge registered on 10 Dec 2018 via Charge ID 100222813 with Others was fully satisfied on 19 May 2021.
Charges
A charge with Others of Rs. 269.00 Lakh registered on 10 Dec 2018 with Charge ID 100222813 was modified on 26 Nov 2019.
Charges
A charge with Others amounted to Rs. 269.00 Lakh with Charge ID 100222813 was registered on 10 Dec 2018.
Appointed
Gautam Kaluchand Sanghvi was appointed as Director.
Incorporation
24 May 2011
Ratnam Steel Limited was registered on 24 May 2011 with Roc Mumbai & aged 15 years 5 months as per MCA records.
Frequently asked questions
Ratnam Steel is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 May 2011 (15+ years old) and is registered under CIN U51909MH2011PLC217813.
Ratnam Steel has 3 current directors:
- Gautam Kaluchand Sanghvi - Director
- Muthiah Arimurugan - Director
- Mayuri Pratish Sawant - Director
The latest financial statements of Ratnam Steel 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.
No. Ratnam Steel has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ratnam Steel is U51909MH2011PLC217813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnam Steel has 13 court cases on record: 10 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Ratnam Steel was incorporated on 24 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Kaluchand Chelaji Sanghvi ceased to be Director on 17 Jan 2022. Mayuri Pratish Sawant was appointed as Director on 17 Jan 2022. Muthiah Arimurugan was appointed as Director on 17 Jan 2022. Ratnam Steel has 5 board changes on record in total.
Yes, Ratnam Steel is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0029434).
Ratnam Steel can be reached through the website ratnamsteel.com. Its registered office is in Mumbai, Maharashtra, India.
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