- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0002976

Riza Steel Limited
About Riza Steel Limited
Data last updated:
Riza Steel Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 11 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PLC043093. Its GSTIN is 23AAICR2384P1ZV (Madhya Pradesh).
The company has an authorised share capital of ₹8.29 Cr and a paid-up capital of ₹8.29 Cr. It is led by directors including Shain Bee and Munawwar Hussain Patanwala.
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 56 1 Doulat Ganj, Indore, Madhya Pradesh, India – 452007.
As per the financials filed for FY 2025, the company reported a revenue of ₹162.24 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 0.9%) and EBITDA of ₹5.09 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹30.13 Cr on record.
Riza Steel Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0002976). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Riza Steel has one previous CIN (Corporate Identification Number): U74999MP2017PTC043093. The current CIN is U74999MP2017PLC043093, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MP2017PLC043093 | Current |
| U74999MP2017PTC043093 | Previous |
Recognitions & Rankings of Riza Steel
Contact details
Riza Steel Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address56 1 Doulat Ganj, Indore, Madhya Pradesh, India – 452007
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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 Riza Steel is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Riza Steel Limited, buy the company report.
Financials of Riza Steel Limited
FY 2024 filings availableRiza Steel Limited reported revenue of ₹162.24 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 55% growth in the latest year. EBITDA rose 18% 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 | ₹5.09 Cr | ||||
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| Net Profit (PAT) | ₹1.5 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 | 3.1% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Riza Steel Limited, buy the company report.
Board of directors of Riza Steel Limited
Riza Steel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shain Bee Also directs: Shain Steel Private Limited | Director | 14 Jul 2018 | 8 Years 3 Months | Current |
| Munawwar Hussain Patanwala | Director | 11 Apr 2017 | 9 Years 7 Months | Current |
| Mustafa Hussain Also directs: Sukran India Steel Limited, Bhilai Agro Industries Private Limited, Metalous Wolrd Private Limited and 2 more | Director | 25 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Riza Steel Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bubna Commercial Private Limited | ₹162.7 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Riza Steel Limitedthis company | ₹162.24 Cr (FY 2025) | ₹1.5 Cr | 0.9% | 55.0% | Indore, Madhya Pradesh, India | |
| Progressive Metals Private Limited | ₹162.18 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Ashish Ispat Private Limited | ₹161.99 Cr (FY 2025) | 10.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Riza Steel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2021 | 100467806 | State Bank of India | ₹10.15 Cr | Open | |
| 27 Oct 2017 | 100132298 | State Bank of India | ₹19.98 Cr | Open |
To see the full charge records of Riza Steel Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Riza Steel Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riza Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Riza Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICR2384P1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riza Steel Limited, buy the company report.
Recent activity
Riza Steel Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mustafa Hussain was appointed as Director on 25 Jan 2025.
Frequently asked questions
Riza Steel is an active public limited company based in Indore, Madhya Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 11 April 2017 (9+ years old) and is registered under CIN U74999MP2017PLC043093.
Riza Steel has 3 current directors:
- Shain Bee - Director
- Munawwar Hussain Patanwala - Director
- Mustafa Hussain - Director
The latest financial statements of Riza 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 FY 2018 are in the company report.
The GSTIN of Riza Steel is 23AAICR2384P1ZV, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Riza Steel is U74999MP2017PLC043093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riza Steel was incorporated on 11 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Riza Steel by revenue are Bubna Commercial Private Limited, Progressive Metals Private Limited, Ashish Ispat Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading).
Mustafa Hussain was appointed as Director on 25 Jan 2025. Shain Bee was appointed as Director on 14 Jul 2018. Mohsinali Patanwala ceased to be Director on 04 Jul 2018. Riza Steel has 4 board changes on record in total.
Yes, Riza Steel is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0002976).
The registered office of Riza Steel is at 56 1 Doulat Ganj, Indore, Madhya Pradesh, India – 452007.
Riza Steel operates in the metals and minerals industry, in the metal retail and distribution segment.

