India's Richest People 2026 edition · 1 director · Source: Hurun India
- #492 Nirmal Kumar Bathwal ₹7,100 Cr
Revenue · FY 2025
₹138.27 Cr
▼ 15% YoY
Net loss · FY 2025
₹2.3 Cr
Net margin -1.7%
EBITDA · FY 2025
₹9.44 Cr
EBITDA margin 6.8%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹27.65 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹21.2 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
271
Provident fund records
About Seven Star Steels Limited
Data last updated:
Seven Star Steels Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Penguin Trading & Agencies Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 November 2004 and has been in existence for over 22 years.
Its director Nirmal Kumar Bathwal is #492 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27102WB2004PLC140645. Its GSTIN is 21AAICS5549M1ZZ (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹27.65 Cr. It is led by directors including Kattamuri Annapurneswara Rao (Whole-Time Director) and Sweta Agarwal.
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 Surabhi 5th Floor 8/1/2/ Dr. U N Brahmachari Street, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹138.27 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.3 Cr (net margin -1.7%) and EBITDA of ₹9.44 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 271 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹21.2 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 17 deals on record (13 secondary share transfers, 4 funding rounds), with disclosed funding of ₹53.89 Cr; the latest was in February 2022. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Kotecha Steel Forge and Cast Industries Private Limited with revenue of ₹138.58 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 bathwalcorp.com.
Company details
CIN U27102WB2004PLC140645
Registration Number 140645
Incorporation Date 03 November 2004
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Penguin Trading & Agencies Limited
Compliance Status Active Compliant
CIN history
Seven Star Steels has one previous CIN (Corporate Identification Number): U27102OR2004PLC007846. The current CIN is U27102WB2004PLC140645, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27102WB2004PLC140645 | Current |
| U27102OR2004PLC007846 | Previous |
Key People
Kattamuri Annapurneswara Rao Whole-Time Director Sweta Agarwal Director Nirmal Kumar Bathwal Director Recognitions & Rankings of Seven Star Steels
Contact details
Seven Star Steels Limited's registered office is in Kolkata, West Bengal. Its website is bathwalcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurabhi 5th Floor 8/1/2/ Dr. U N Brahmachari Street, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Seven Star Steels Limited, buy the company report.
Comprehensive company report
Seven Star Steels 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 Seven Star 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 Seven Star Steels Limited, buy the company report.
Financials of Seven Star Steels Limited
FY 2025 filings availableSeven Star Steels Limited reported revenue of ₹138.27 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹138.27 Cr ▼ 15%
Net loss · FY 2025
₹2.3 Cr margin -1.7%
EBITDA · FY 2025
₹9.44 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 13%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 35%
5 years · compounded
▲ 12%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 48% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| 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 | 6.8% | ||||
| Net Profit Margin | -1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Seven Star Steels Limited, buy the company report.
Board of directors of Seven Star Steels Limited
Seven Star Steels has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sweta Agarwal Also directs: Penguin Trading & Agencies Limited | Director | 10 Apr 2019 | 7 Years 6 Months | Current |
| Nirmal Kumar Bathwal Also directs: Pengune Cowork LLP, Perennial Instaspaces LLP, Shalini Fertilisers Private Ltd and 5 more | Director | 26 Jul 2011 | 15 Years 3 Months | Current |
| Vikash Kumar Agarwal Also directs: Penguin Trading & Agencies Limited | Director | 10 Apr 2019 | 7 Years 6 Months | Current |
| Poonam Bathwal Also directs: Pengune Cowork LLP, Perennial Instaspaces LLP, Shalini Fertilisers Private Ltd and 5 more | Director | 29 Jul 2011 | 15 Years 3 Months | Current |
| Kattamuri Annapurneswara Rao Also directs: Penguin Trading & Agencies Limited, Penguin Stones Private Limited | Whole-Time Director | 30 Sep 2016 | 10 Years 1 Months | Current |
| Soham Bathwal Also directs: Pengune Cowork LLP, Perennial Instaspaces LLP, Shalini Fertilisers Private Ltd and 5 more | Director | 15 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Seven Star Steels Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kotecha Steel Forge and Cast Industries Private Limited | ₹138.58 Cr (FY 2025) | -11.0% | Surendranagar, Gujarat, India | |||
| New Al Madina Steel Private Limited | ₹138.55 Cr (FY 2025) | 26.0% | Babra, Gujarat, India | |||
| Stride Steels Private Limited | ₹138.34 Cr (FY 2022) | 81.0% | Gummidipoondi, Tamil Nadu, India | |||
| Seven Star Steels Limitedthis company | ₹138.27 Cr (FY 2025) | -₹2.3 Cr | -1.7% | -15.0% | 271 | Kolkata, West Bengal, India |
| Shree Radhakrishna Alloys Private Limited | ₹137.51 Cr (FY 2025) | -13.0% | Kanpur, Uttar Pradesh, India | |||
| Laxmi Rolling and Strips Private Limited | ₹137.25 Cr (FY 2025) | -25.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Seven Star Steels Limited, buy the company report.
Auditor
Seven Star Steels Limited is audited by S. K. SINGHANIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. SINGHANIA & CO | FY 2023 | 302206E |
Shareholding
The shareholding of Seven Star Steels 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 Seven Star Steels Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹21.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2023 | 100736086 | Others | ₹30 Cr | Open | |
| 25 Jul 2019 | 100288823 | Hdfc Bank Limited | ₹27.08 Lakh | Satisfied | |
| 15 Apr 2018 | 100174878 | Others | ₹52.29 Lakh | Satisfied | |
| 09 May 2017 | 100102007 | State Bank of India | ₹20.41 Cr | Satisfied |
To see the full charge records of Seven Star Steels Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Seven Star Steels Limited has 17 deals on record (13 secondary share transfers, 4 funding rounds), with disclosed funding of ₹53.89 Cr; the latest was in February 2022.
Total deals
17
Secondary share transfers
13
Funding rounds
4
Disclosed funding
₹53.89 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bathwal Plastics Ltd , Shalini Fertilisers Private Ltd , Spectrum Promoters Private Limited |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Penguin Trading & Agencies Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Penguin Trading & Agencies Limited Seller: Ankur Retailers Private Limited , Mainak Barter Private Limited , Debdaru Retailers Private Limited |
| Jan 2014 | Funding round | ₹7.5 Cr | Investors: Penguin Trading & Agencies Limited |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: Mainak Barter Private Limited , RR Vintrade Private Limited , Ankur Retailers Private Limited Seller: Shalini Fertilisers Private Ltd , Bathwal Plastics Ltd , 2 individuals |
To see the full deal history of Seven Star 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
Seven Star Steels Limited has 5 court cases on record: 3 filed by Seven Star Steels, 2 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 0 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Mamta Ispat Pvt Ltd and 3 others | Pending |
| Calcutta High Court | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax Central 2 Kolkata | Disposed |
| High Court, ORISSA | Court case (CRLMC) | Filed by the company against State of Odisha and 1 other | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Disposed |
To see the full case history of Seven Star 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
Seven Star Steels Limited was last rated by Icra on 08 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 08 Jan 2021 |
To see the full credit ratings and regulatory alerts of Seven Star Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Seven Star Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Seven Star Steels Limited has a workforce of 271 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
271
Active EPFO establishments
1
Employee growth
2.26%
GST
Seven Star Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAICS5549M1ZZ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seven Star Steels Limited, buy the company report.
Recent activity
Seven Star Steels Limited has 24 board changes on record since 2007: 6 appointments and 18 cessations. The latest: Anooshka C Bathwal ceased to be Additional Director on 30 Sep 2022.
AGM
Seven Star Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Seven Star Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others of Rs. 30.00 Cr registered on 22 Jun 2023 with Charge ID 100736086 was modified on 07 May 2024.
Charges
A charge registered on 25 Jul 2019 via Charge ID 100288823 with Hdfc Bank Limited was fully satisfied on 27 Feb 2024.
Charges
A charge registered on 09 May 2017 via Charge ID 100102007 with State Bank Of India was fully satisfied on 24 Jan 2024.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100736086 was registered on 22 Jun 2023.
Ceased
Anooshka C Bathwal ceased to be Additional Director.
Charges
A charge registered on 15 Apr 2018 via Charge ID 100174878 with Others was fully satisfied on 09 Sep 2022.
Ceased
Kattamuri Annapurneswara Rao ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 20.41 Cr registered on 09 May 2017 with Charge ID 100102007 was modified on 24 Sep 2020.
Ceased
Sweta Agarwal ceased to be Additional Director.
Ceased
Vikash Kumar Agarwal ceased to be Additional Director.
24 earlier events are in the company report.
Frequently asked questions
Seven Star Steels is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 November 2004 (22+ years old) and is registered under CIN U27102WB2004PLC140645.
Seven Star Steels has 6 current directors:
- Kattamuri Annapurneswara Rao - Whole-Time Director
- Sweta Agarwal - Director
- Nirmal Kumar Bathwal - Director
- Vikash Kumar Agarwal - Director
- Poonam Bathwal - Director
- Soham Bathwal - Director
The latest financial statements of Seven Star 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 Seven Star Steels is 21AAICS5549M1ZZ, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Seven Star Steels is U27102WB2004PLC140645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seven Star Steels has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Seven Star Steels was incorporated on 03 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Seven Star Steels has 17 deals on record (13 secondary share transfers, 4 funding rounds), with disclosed funding of ₹53.89 Cr; the latest was in February 2022.
The peers of Seven Star Steels by revenue are Kotecha Steel Forge and Cast Industries Private Limited, New Al Madina Steel Private Limited, Stride Steels Private Limited, Shree Radhakrishna Alloys Private Limited, Laxmi Rolling and Strips Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Anooshka C Bathwal ceased to be Additional Director on 30 Sep 2022. Kattamuri Annapurneswara Rao ceased to be Director on 25 Mar 2021. Sweta Agarwal ceased to be Additional Director on 30 Sep 2019. Seven Star Steels has 24 board changes on record in total.
Seven Star Steels can be reached through the website bathwalcorp.com. Its registered office is in Kolkata, West Bengal, India.
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