MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0006421
Shardashree Ispat Limited - metals and minerals in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹125.73 Cr
▲ 14% YoY
Net profit · FY 2025
₹21.1 Cr
Net margin 16.8%
EBITDA · FY 2025
₹36.89 Cr
EBITDA margin 29.3%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹69.94 Cr
Satisfied ₹23.41 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
85
Provident fund records
About Shardashree Ispat Limited
Data last updated:
Shardashree Ispat Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2005PLC154167. Its GSTIN is 27AAJCS8766M1ZD (Maharashtra).
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Nandkishore Ramniwas Sarda (Managing Director) and Ashadevi Nandkishore Sarda.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 12 MIDC Industrial Area Butibori, Nagpur, Maharashtra, India – 441108.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.73 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹21.1 Cr (net margin 16.8%) and EBITDA of ₹36.89 Cr (EBITDA margin 29.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 85 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shardashree Ispat. As per MCA filings, the company has open charges of ₹69.94 Cr and satisfied charges of ₹23.41 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.
Shardashree Ispat Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0006421). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shardashreeispat.com.
Company details
CIN U27100MH2005PLC154167
Registration Number 154167
Incorporation Date 22 June 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0006421
Key People
Nandkishore Ramniwas Sarda Managing Director Ashadevi Nandkishore Sarda Director Anand Rambhauji Motghare Director Recognitions & Rankings of Shardashree Ispat
Contact details
Shardashree Ispat Limited's registered office is in Nagpur, Maharashtra. Its website is shardashreeispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 12 MIDC Industrial Area Butibori, Nagpur, Maharashtra, India – 441108
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shardashree Ispat Limited, buy the company report.
Comprehensive company report
Shardashree Ispat 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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Brands
Shardashree Ispat operates one associated brand: Shardashree Ispat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies steel products like TMT bars for construction projects worldwide. | shardashreeispat.com |
Business activity
The main business activity of Shardashree Ispat 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 Shardashree Ispat Limited, buy the company report.
Financials of Shardashree Ispat Limited
FY 2025 filings availableShardashree Ispat Limited reported revenue of ₹125.73 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹125.73 Cr ▲ 14%
Net profit · FY 2025
₹21.1 Cr margin 16.8%
EBITDA · FY 2025
₹36.89 Cr margin 29.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 1%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 14%
5 years · compounded
▲ 15%
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 16% 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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| Total Expenses | |||||
| EBITDA | ₹36.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.1 Cr | ||||
| Balance Sheet | |||||
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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 | 29.3% | ||||
| Net Profit Margin | 16.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shardashree Ispat Limited, buy the company report.
Board of directors and KMP of Shardashree Ispat Limited
Shardashree Ispat Limited currently reports 7 directors and 1 key managerial person. 11 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkishore Ramniwas Sarda Also directs: Orangecity. Com Private Limited, Sharda Ispat Limited, Sarda Infrastructure Private Limited and 5 more | Managing Director | 26 Sep 2011 | 15 Years 1 Months | Current |
| Ashadevi Nandkishore Sarda Also directs: Sharda Ispat Industries Limited, Asha Agriculture and Property P Ltd, Armall Coatings Private Limited and 2 more | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
| Anand Rambhauji Motghare Also directs: Sharda Ispat Industries Limited | Director | 26 Jun 2023 | 3 Years 4 Months | Current |
| Kamlesh Kumar Goyal | Company Secretary | 04 Mar 2019 | 7 Years 7 Months | Current |
| Vijay Sharda Also directs: Shabro Metallic Private Limited, Belfast Agency Private Limited | Director | 15 Nov 2010 | 15 Years 11 Months | Current |
| Ram Niwas Daga Also directs: Shreenidhi Minerals Private Limited, Shree Steel Casting (Private) Limited, Orangecity. Com Private Limited and 3 more | Director | 22 Jun 2005 | 21 Years 4 Months | Current |
Showing 6 of 8 current directors and KMP. View all directors and KMP
Peer comparison
Shardashree Ispat 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 |
|---|---|---|---|---|---|---|
| Tarun International Limited | ₹126.32 Cr (FY 2025) | 7.0% | Delhi, India | |||
| M.I. Alloys Private Limited | ₹126.12 Cr (FY 2025) | 23.0% | Ahmedabad, Gujarat, India | |||
| Mangal Steel Enterprises Ltd | ₹125.95 Cr (FY 2025) | 4.0% | Howrah, West Bengal, India | |||
| Rayen Steels Private Limited | ₹125.87 Cr (FY 2025) | -41.0% | Bellary, Karnataka, India | |||
| Shardashree Ispat Limitedthis company | ₹125.73 Cr (FY 2025) | ₹21.1 Cr | 16.8% | 14.0% | 85 | Nagpur, Maharashtra, India |
| Mahadeva Steel Mills Private Limited | ₹125.69 Cr (FY 2025) | 36.0% | Kolkata, West Bengal, India | |||
| Shivam Structural and Steel Private Limited | ₹125.65 Cr (FY 2025) | -13.0% | Raipur, Chhattisgarh, India | |||
| Ess Ess Steel Castings and Rolling Mills Private Limited | ₹125.36 Cr (FY 2025) | 13.0% | Punjab, India | |||
| P L Steels Private Limited | ₹125.28 Cr (FY 2025) | -1.0% | Pauri Garhwal, Uttarakhand, India |
To see the full peer comparison of Shardashree Ispat Limited, buy the company report.
Auditor
Shardashree Ispat Limited is audited by M R K S And Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R K S And Company | FY 2022 | 141986W |
Shareholding
The shareholding of Shardashree Ispat 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shardashree Ispat Limited, buy the company report.
Charges & borrowings
Open charges
₹69.94 Cr
Satisfied charges
₹23.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2014 | 10530822 | The Saraswat Co-Operative Bank Limited | ₹12 Cr | Open | |
| 30 Mar 2013 | 10422127 | The Saraswat Co-Operative Bank Limited | ₹4.2 Cr | Open | |
| 09 Jul 2011 | 10304433 | Others | ₹31.39 Cr | Open | |
| 13 Jun 2007 | 10058227 | The Saraswat Co-Operative Bank Limited | ₹22.35 Cr | Open | |
| 22 Jul 2011 | 10305829 | The Shamrao Vithal Co-Operative Bank Limited | ₹13.5 Cr | Satisfied |
To see the full charge records of Shardashree Ispat Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shardashree Ispat Limited has 5 court cases on record: 3 filed by Shardashree Ispat, 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 |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Company Ltd. THR. Superintending Engineering, Nagpur | Pending |
| District court, Nagpur, Maharashtra | Commercial suit | Filed by the company against Basant Kela, Prop M/S. Shree Shyam Sales | Pending |
| District court, Nagpur, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Basant Kela, Prop. M/S. Shree Shyam Sales | Disposed |
| District court, Nagpur, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against an individual | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Employees Prov Fund Org. | Disposed |
To see the full case history of Shardashree Ispat 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
Shardashree Ispat Limited was last rated by Crisil on 31 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Dec 2020 |
To see the full credit ratings and regulatory alerts of Shardashree Ispat Limited, buy the company report.
MSME payment delays
Shardashree Ispat Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 307 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Naresh Supply and Distributor Agencies | |||
| Aditya Air Products Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Mahavir Coal Corporation Private Limited |
To see the full MSME payment records of Shardashree Ispat Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shardashree Ispat has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Orangecity. Com Private Limited | U51909MH2011PTC217754 |
To see the full group structure of Shardashree Ispat Limited, buy the company report.
Employees & EPFO
Shardashree Ispat Limited has a workforce of 85 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
85
Active EPFO establishments
1
Employee growth
30.77%
GST
Shardashree Ispat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS8766M1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shardashree Ispat Limited, buy the company report.
Recent activity
Shardashree Ispat Limited has 18 board changes on record since 2005: 8 appointments and 10 cessations. The latest: Ashadevi Nandkishore Sarda ceased to be Additional Director on 29 Sep 2023.
AGM
Shardashree Ispat Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 31.39 Cr registered on 09 Jul 2011 with Charge ID 10304433 was modified on 03 Jun 2025.
Filing
Shardashree Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ashadevi Nandkishore Sarda ceased to be Additional Director.
Appointed
Anand Rambhauji Motghare was appointed as Director.
Appointed
Ashadevi Nandkishore Sarda was appointed as Director.
Ceased
Balasubramanaian Palavasam Vellaichamy ceased to be Director.
Appointed
Pavan Vithaldas Tapadiya was appointed as Director.
Appointed
Pravin Shankarrao Tapadia was appointed as Director.
Ceased
Purshottam Madanlal Rathi ceased to be Director.
Ceased
Vithaldas Radhakishan Tapadiya ceased to be Director.
Charges
A charge registered on 18 May 2007 via Charge ID 10058429 with Dombivali Nagari Sahakari Bank Limited. was fully satisfied on 02 Dec 2019.
20 earlier events are in the company report.
Frequently asked questions
Shardashree Ispat is an active public limited company based in Nagpur, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 June 2005 (21+ years old) and is registered under CIN U27100MH2005PLC154167.
Shardashree Ispat has 8 current directors and KMP:
- Nandkishore Ramniwas Sarda - Managing Director
- Ashadevi Nandkishore Sarda - Director
- Anand Rambhauji Motghare - Director
- Vijay Sharda - Director
- Ram Niwas Daga - Director
- Pravin Shankarrao Tapadia - Director
- Pavan Vithaldas Tapadiya - Director
- Kamlesh Kumar Goyal - Company Secretary
The latest financial statements of Shardashree Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shardashree Ispat is 27AAJCS8766M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shardashree Ispat is U27100MH2005PLC154167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shardashree Ispat has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Shardashree Ispat was incorporated on 22 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shardashree Ispat by revenue are Tarun International Limited, M.I. Alloys Private Limited, Mangal Steel Enterprises Ltd, Rayen Steels Private Limited, Mahadeva Steel Mills Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ashadevi Nandkishore Sarda ceased to be Additional Director on 29 Sep 2023. Anand Rambhauji Motghare was appointed as Director on 26 Jun 2023. Ashadevi Nandkishore Sarda was appointed as Director on 27 Mar 2023. Shardashree Ispat has 18 board changes on record in total.
Yes, Shardashree Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0006421).
Shardashree Ispat has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 307 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Oct 2019.
Shardashree Ispat can be reached through the website shardashreeispat.com. Its registered office is in Nagpur, Maharashtra, India.