MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0073140
Saraf Metasteel Limited - fashion and textile in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.62 Cr
▼ 18% YoY
Net profit · FY 2025
₹2.85 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹70.43 Lakh
EBITDA margin 43.6%
Authorised capital
₹12.21 Cr
Registered with MCA
Paid-up capital
₹9.87 Cr
Issued & subscribed
Open charges
₹5.02 Cr
Satisfied ₹24.01 Cr
Company age
45 yrs
Est. 1981
Directors on board
4
As per MCA filings
About Saraf Metasteel Limited
Data last updated:
Saraf Metasteel Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the workwear and uniforms segment of the fashion and textiles sector. It was incorporated on 31 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17124RJ1981PLC002332. Its GSTIN is 08AADCS4752P1ZR (Rajasthan).
The company has an authorised share capital of ₹12.21 Cr and a paid-up capital of ₹9.87 Cr. It is led by directors including Alok Saraf (Managing Director) and Shikha Saraf (Whole-Time Director).
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 B – 115 Road No. 9 V.K.I. Area, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 1.8%) and EBITDA of ₹70.43 Lakh (EBITDA margin 43.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹5.02 Cr and satisfied charges of ₹24.01 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Saraf Metasteel Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0073140). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarafindia.com.
Company details
CIN U17124RJ1981PLC002332
Registration Number 002332
Incorporation Date 31 October 1981
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0073140
Key People
Alok Saraf Managing Director Shikha Saraf Whole-Time Director Sanchit Saraf Whole-Time Director Recognitions & Rankings of Saraf Metasteel
Contact details
Saraf Metasteel Limited's registered office is in Jaipur, Rajasthan. Its website is sarafindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 115 Road No. 9 V.K.I. Area, Jaipur, Rajasthan, India – 302013
- IndustryFashion and Textile, Workwear & Uniforms
To see the full contact details of Saraf Metasteel Limited, buy the company report.
Comprehensive company report
Saraf Metasteel 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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Business activity
The main business activity of Saraf Metasteel is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Saraf Metasteel Limited, buy the company report.
Financials of Saraf Metasteel Limited
FY 2025 filings availableSaraf Metasteel Limited reported revenue of ₹1.62 Cr (down 18% YoY) for FY 2025.
Revenue · FY 2025
₹1.62 Cr ▼ 18%
Net profit · FY 2025
₹2.85 Lakh margin 1.8%
EBITDA · FY 2025
₹70.43 Lakh margin 43.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 13%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 95%
5 years · compounded
▲ 27%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 18% fall in the latest year. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.85 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 43.6% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Saraf Metasteel Limited, buy the company report.
Board of directors of Saraf Metasteel Limited
Saraf Metasteel has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Saraf | Managing Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Shikha Saraf Also directs: Kaizen and Seiko LLP, Saraf Gartex Limited | Whole-Time Director | 31 Mar 2008 | 18 Years 7 Months | Current |
| Sanchit Saraf | Whole-Time Director | 01 Feb 2013 | 13 Years 9 Months | Current |
| Surbhi Sawalka Saraf Also directs: Kaizen and Seiko LLP, MDS Exports Private Limited | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Saraf Metasteel Limited is audited by SHAH SURENDRA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SURENDRA & ASSOCIATES | FY 2018 | 004666C |
Shareholding
The shareholding of Saraf Metasteel Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saraf Metasteel Limited, buy the company report.
Charges & borrowings
Open charges
₹5.02 Cr
Satisfied charges
₹24.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101010009 | Yes Bank Limited | ₹5.02 Cr | Open | |
| 08 Feb 2011 | 10276106 | Bank of Baroda | ₹21.95 Cr | Satisfied | |
| 27 Oct 1994 | 90073618 | Indian Overseas Bank | ₹25 Lakh | Satisfied | |
| 25 Oct 1994 | 90073617 | Indian Overseas Bank | ₹25 Lakh | Satisfied | |
| 05 Jul 1994 | 90073601 | Indian Overseas Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Saraf Metasteel Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Saraf Metasteel Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Civil suit | Filed against the company by M/S Indus Towers Ltd. | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Saraf Metasteel 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 Saraf Metasteel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saraf Metasteel has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCS4752P1ZR | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saraf Metasteel Limited, buy the company report.
Recent activity
Saraf Metasteel Limited has 14 board changes on record since 2007: 5 appointments and 9 cessations. The latest: Surbhi Sawalka Saraf was appointed as Director on 12 Feb 2026.
Appointed
Surbhi Sawalka Saraf was appointed as Director.
AGM
Saraf Metasteel Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saraf Metasteel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.02 Cr with Charge ID 101010009 was registered on 29 Nov 2024.
Ceased
Shikha Saraf ceased to be Director.
Ceased
Sanchit Saraf ceased to be Additional Director.
Ceased
Santosh Kumar Sharma ceased to be Additional Director.
Charges
A charge registered on 08 Feb 2011 via Charge ID 10276106 with Bank Of Baroda was fully satisfied on 26 Sep 2013.
Appointed
Santosh Kumar Sharma was appointed as Director.
Ceased
Sharda Devi Saraf ceased to be Additional Director.
Appointed
Sanchit Saraf was appointed as Whole-Time Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 21.95 Cr with Charge ID 10276106 was registered on 08 Feb 2011.
30 earlier events are in the company report.
Frequently asked questions
Saraf Metasteel is an active public limited company based in Jaipur, Rajasthan, India. The company works in workwear and uniforms, within the fashion and textile industry. It was incorporated on 31 October 1981 (45+ years old) and is registered under CIN U17124RJ1981PLC002332.
Saraf Metasteel has 4 current directors:
- Alok Saraf - Managing Director
- Shikha Saraf - Whole-Time Director
- Sanchit Saraf - Whole-Time Director
- Surbhi Sawalka Saraf - Director
The latest financial statements of Saraf Metasteel 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 Saraf Metasteel is 08AADCS4752P1ZR, registered in Rajasthan.
The CIN (Corporate Identification Number) of Saraf Metasteel is U17124RJ1981PLC002332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraf Metasteel has 3 court cases on record: 3 filed against it. 1 is pending.
Saraf Metasteel was incorporated on 31 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Jaipur.
Surbhi Sawalka Saraf was appointed as Director on 12 Feb 2026. Shikha Saraf ceased to be Director on 27 Dec 2019. Sanchit Saraf ceased to be Additional Director on 30 Sep 2013. Saraf Metasteel has 14 board changes on record in total.
Yes, Saraf Metasteel is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0073140).
Saraf Metasteel can be reached through the website sarafindia.com. Its registered office is in Jaipur, Rajasthan, India.
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