MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-PB-12-0039197
Romax Steels Private Limited
Romax Steels Private Limited - metals and minerals in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹38.95 Cr
▼ 16% YoY
Net profit · FY 2021
₹1.77 Lakh
Net margin 0%
EBITDA · FY 2021
₹49.55 Lakh
EBITDA margin 1.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹78.02 Lakh
Issued & subscribed
Open charges
₹7.81 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
4
Provident fund records
About Romax Steels Private Limited
Data last updated:
Romax Steels Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2014PTC038323. Its GSTIN is 03AAGCR7716M1Z3 (Punjab).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹78.02 Lakh. It is led by directors Manjeet Kaur and Raj Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Lakhowal Road Kohara, Ludhiana, Punjab, India – 141112.
As per the financials filed for FY 2021, the company reported a revenue of ₹38.95 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Lakh (net margin 0%) and EBITDA of ₹49.55 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.81 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 3 cases are pending.
Romax Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0039197). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100PB2014PTC038323
Registration Number 038323
Incorporation Date 27 January 2014
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0039197
Key People
Manjeet Kaur Director Raj Kumar Director Recognitions & Rankings of Romax Steels
Contact details
Romax Steels Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLakhowal Road Kohara, Ludhiana, Punjab, India – 141112
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Romax Steels Private Limited, buy the company report.
Comprehensive company report
Romax Steels Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Romax 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 Romax Steels Private Limited, buy the company report.
Financials of Romax Steels Private Limited
FY 2021 filings availableRomax Steels Private Limited reported revenue of ₹38.95 Cr (down 16% YoY) for FY 2021.
Revenue · FY 2021
₹38.95 Cr ▼ 16%
Net profit · FY 2021
₹1.77 Lakh margin 0%
EBITDA · FY 2021
₹49.55 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 27%
5 years · compounded
▼ 8%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 69% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹49.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.77 Lakh | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0% | ||||
| 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 Romax Steels Private Limited, buy the company report.
Board of directors of Romax Steels Private Limited
Romax Steels has 2 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 |
|---|---|---|---|---|
| Manjeet Kaur | Director | 13 Oct 2016 | 10 Years 0 Months | Current |
| Raj Kumar | Director | 27 Jan 2014 | 12 Years 8 Months | Current |
Peer comparison
Romax Steels 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 |
|---|---|---|---|---|---|---|
| Samay Alloys (India) Private Limited | ₹39 Cr (FY 2025) | -23.0% | Rajkot, Gujarat, India | |||
| Navin Steel Industries Private Limited | ₹39 Cr (FY 2025) | 12.0% | Kangra, Himachal Pradesh, India | |||
| Virajaa Steel and Power Private Limited | ₹38.98 Cr (FY 2024) | 21.0% | Cuttack, Odisha, India | |||
| Romax Steels Private Limitedthis company | ₹38.95 Cr (FY 2021) | ₹1.77 Lakh | 0% | -16.0% | 4 | Ludhiana, Punjab, India |
| Electralloy Special Steel Castings Private Limited | ₹38.94 Cr (FY 2021) | -3.0% | Kilpauk, Chennai 600010, Tamil Nadu, India | |||
| Afond Steel Complex Private Limited | ₹38.93 Cr (FY 2024) | 67.0% | New Delhi, Delhi, India | |||
| Sasco Steel Private Limited | ₹38.92 Cr (FY 2024) | 16.0% | Jamshedpur, Jharkhand, India | |||
| Radheshree Wires and Coils Private Limited | ₹38.78 Cr (FY 2024) | -5.0% | Raipur, Chhattisgarh, India | |||
| Rhetan TMT Limited | ₹38.74 Cr (FY 2025) | -41.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Romax Steels Private Limited, buy the company report.
Auditor
Romax Steels Private Limited is audited by Y B V & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y B V & COMPANY | FY 2020 | 019656N |
Shareholding
The shareholding of Romax Steels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Romax Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.81 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2020 | 100345457 | Others | ₹1 Cr | Open | |
| 22 Sep 2017 | 100128448 | Others | ₹26 Lakh | Open | |
| 16 Jan 2015 | 10543209 | Bank of Maharashtra | ₹50 Lakh | Open | |
| 16 Jan 2015 | 10543212 | Others | ₹6.05 Cr | Open |
To see the full charge records of Romax Steels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Romax Steels Private Limited has 15 court cases on record: 8 filed by Romax Steels, 7 filed against it. 3 cases are pending and 12 are disposed.
Total cases
15
Filed by the company
8
Filed against the company
7
Pending
3
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Idfc First Bank Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by D.M.K. Castings Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Punjab State Power Corporation Ltd and 1 other | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Romax Steels 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
No delayed payments to MSME suppliers are on our record for Romax Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Romax Steels Private Limited has a workforce of 4 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-33.33%
GST
Romax Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCR7716M1Z3 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Romax Steels Private Limited, buy the company report.
Recent activity
Romax Steels Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Manjeet Kaur ceased to be Additional Director on 30 Sep 2017.
AGM
Romax Steels Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Romax Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100345457 was registered on 22 Jun 2020.
Charges
A charge with Others of Rs. 6.05 Cr registered on 16 Jan 2015 with Charge ID 10543212 was modified on 30 Mar 2020.
Ceased
Manjeet Kaur ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100128448 was registered on 22 Sep 2017.
Ceased
Rachhpal Singh ceased to be Director.
Appointed
Manjeet Kaur was appointed as Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 0.50 Cr with Charge ID 10543209 was registered on 16 Jan 2015.
Charges
A charge with Others amounted to Rs. 6.05 Cr with Charge ID 10543212 was registered on 16 Jan 2015.
Appointed
Raj Kumar was appointed as Director.
Incorporation
27 Jan 2014
Romax Steels Private Limited was registered on 27 Jan 2014 with Roc Chandigarh & aged 12 years 8 months as per MCA records.
Frequently asked questions
Romax Steels is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 January 2014 (12+ years old) and is registered under CIN U27100PB2014PTC038323.
Romax Steels has 2 current directors:
- Manjeet Kaur - Director
- Raj Kumar - Director
The latest financial statements of Romax Steels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Romax Steels is 03AAGCR7716M1Z3, registered in Punjab.
The CIN (Corporate Identification Number) of Romax Steels is U27100PB2014PTC038323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Romax Steels has 15 court cases on record: 8 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Romax Steels was incorporated on 27 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Romax Steels by revenue are Samay Alloys (India) Private Limited, Navin Steel Industries Private Limited, Virajaa Steel and Power Private Limited, Electralloy Special Steel Castings Private Limited, Afond Steel Complex Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Manjeet Kaur ceased to be Additional Director on 30 Sep 2017. Rachhpal Singh ceased to be Director on 14 Oct 2016. Manjeet Kaur was appointed as Director on 13 Oct 2016. Romax Steels has 4 board changes on record in total.
Yes, Romax Steels is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0039197).
The registered office of Romax Steels is at Lakhowal Road Kohara, Ludhiana, Punjab, India – 141112.