About Sonal Irons Industry Private Limited
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Sonal Irons Industry Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Opg Holdings India Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27100KA2007PTC042025. Its GSTIN is 33AAKCS9150J1Z1 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.04 Cr. It was formerly known as Sri Rukmani Rolling Mill Private Limited and Sri Sri Rukmani Rolling Mill Private Limited. It is led by directors including Payanna Rajanna (Whole-Time Director) and Alok Gupta.
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 No.71/72 5th Block Industrial Layout Jyoti Nivas College Road Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹228.42 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 0.8%) and EBITDA of ₹8.12 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹86.2 Cr and satisfied charges of ₹54.01 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it; 2 cases are pending. The company has 17 deals on record (10 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹18.84 Cr; the latest was in September 2022. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is J D Ispat Private Limited with revenue of ₹229.32 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 opgojas.com.
Company details
Name history
Sonal Irons Industry has undergone 2 name changes throughout its history. The company was previously known as Sri Rukmani Rolling Mill Private Limited, and Sri Sri Rukmani Rolling Mill Private Limited. The current legal name is Sonal Irons Industry Private Limited.
| Company Name | Status |
|---|---|
| Sonal Irons Industry Private Limited | Current |
| Sri Rukmani Rolling Mill Private Limited | Previous |
| Sri Sri Rukmani Rolling Mill Private Limited | Previous |
Contact details
Sonal Irons Industry Private Limited's registered office is in Bangalore, Karnataka. Its website is opgojas.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.71/72 5th Block Industrial Layout Jyoti Nivas College Road Koramangala, Bangalore, Karnataka, India – 560095
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sonal Irons Industry Private Limited, buy the company report.
- 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 Sonal Irons Industry 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 Sonal Irons Industry Private Limited, buy the company report.
Financials of Sonal Irons Industry Private Limited
FY 2025 filings availableSonal Irons Industry Private Limited reported revenue of ₹228.42 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 33% 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 | ₹8.12 Cr | ||||
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| Net Profit (PAT) | ₹1.94 Cr | ||||
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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 | 3.6% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Sonal Irons Industry Private Limited, buy the company report.
Board of directors of Sonal Irons Industry Private Limited
Sonal Irons Industry has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payanna Rajanna | Whole-Time Director | 01 Nov 2016 | 10 Years 0 Months | Current |
| Alok Gupta Also directs: Powersphere Renewable Private Limited, Brics Power Generation Private Limited, Om Energy Generation Private Limited and 2 more | Director | 23 Jun 2021 | 5 Years 4 Months | Current |
| Jhunjhunwala Naresh Also directs: Sonal Vyapar Private Limited, Opg Agro Farms Private Limited, Maa Devsar Infrastructure & Steels Private Limited and 1 more | Director | 29 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Sonal Irons Industry Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| J D Ispat Private Limited | ₹229.32 Cr (FY 2024) | -7.0% | Nagpur, Maharashtra, India | |||
| Shree Sai Hanuman Smelters Private Limited | ₹229.3 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Atibir Hitech Private Limited | ₹228.87 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Juhi Alloys Private Limited | ₹228.8 Cr (FY 2025) | 62.0% | Kanpur, Uttar Pradesh, India | |||
| Omkamal Steel Private Limited | ₹228.77 Cr (FY 2025) | -6.0% | Bhilai, Chhattisgarh, India | |||
| Sonal Irons Industry Private Limitedthis company | ₹228.42 Cr (FY 2025) | ₹1.94 Cr | 0.8% | -18.0% | 81 | Bangalore, Karnataka, India |
| Sonal Vyapar Private Limited | ₹227.85 Cr (FY 2025) | -2.0% | Salem, Tamil Nadu, India | |||
| Varun Foils Limited | ₹227.55 Cr (FY 2025) | 14.0% | Delhi, India | |||
| Surani Steel Tubes Limited | ₹227.39 Cr (FY 2025) | 46.0% | Sampa, Gujarat, India | |||
| Ambica Alloys and Steels India Private Limited | ₹227.23 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sonal Irons Industry Private Limited, buy the company report.
Auditor
Sonal Irons Industry Private Limited is audited by M A N N & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A N N & CO | FY 2023 | 015205S |
Shareholding
The shareholding of Sonal Irons Industry Private 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sonal Irons Industry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101080891 | The Hongkong and Shanghai Banking Corporation Limited | ₹21 Cr | Open | |
| 24 Jun 2024 | 100940754 | Yes Bank Limited | ₹20 Cr | Open | |
| 27 Jul 2023 | 100759810 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Cr | Open | |
| 21 Mar 2023 | 100710390 | The Hongkong and Shanghai Banking Corporation Limited | ₹6.7 Cr | Open | |
| 27 Feb 2023 | 100681831 | The Hongkong and Shanghai Banking Corporation Limited | ₹30.5 Cr | Open |
To see the full charge records of Sonal Irons Industry Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Sonal Irons Industry Private Limited has 17 deals on record (10 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹18.84 Cr; the latest was in September 2022.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Brics Power Generation Private Limited Seller: Opg Energy Private Limited |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Opg Energy Private Limited Seller: Opg Holdings India Private Limited |
| Aug 2017 | Acquisition | Undisclosed | Buyer: Opg Holdings India Private Limited Seller: Maa Devsar Infrastructure & Steel Private Limited, Opg Holdings India Private Limited |
| May 2017 | Rights issue | ₹10 Cr | Investors: Opg Holdings India Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Opg Holdings India Private Limited Seller: Opg Holdings India Private Limited |
To see the full deal history of Sonal Irons Industry Private 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
Sonal Irons Industry Private Limited has 19 court cases on record: 14 filed by Sonal Irons Industry, 5 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 0 |
| District courts | 4 | 4 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed by the company against C S K Valves Private Limited | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by C S K Valves Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Sonal Irons Industry 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.
Credit ratings & regulatory alerts
Sonal Irons Industry Private Limited was last rated by Icra on 22 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Jul 2021 |
To see the full credit ratings and regulatory alerts of Sonal Irons Industry Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sonal Irons Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sonal Irons Industry Private Limited has a workforce of 81 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sonal Irons Industry has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS9150J1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sonal Irons Industry Private Limited, buy the company report.
Recent activity
Sonal Irons Industry Private Limited has 45 board changes on record since 2007: 24 appointments and 21 cessations. The latest: Jhunjhunwala Naresh was appointed as Director on 29 Aug 2025.
52 earlier events are in the company report.
Frequently asked questions
Sonal Irons Industry is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 March 2007 (19+ years old) and is registered under CIN U27100KA2007PTC042025.
Sonal Irons Industry has 3 current directors:
- Payanna Rajanna - Whole-Time Director
- Alok Gupta - Director
- Jhunjhunwala Naresh - Director
The latest financial statements of Sonal Irons Industry 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 Sonal Irons Industry is 33AAKCS9150J1Z1, registered in Tamil Nadu. 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 Sonal Irons Industry is U27100KA2007PTC042025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonal Irons Industry has 19 court cases on record: 14 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Sonal Irons Industry was incorporated on 08 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Sonal Irons Industry has 17 deals on record (10 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹18.84 Cr; the latest was in September 2022.
The peers of Sonal Irons Industry by revenue are J D Ispat Private Limited, Shree Sai Hanuman Smelters Private Limited, Atibir Hitech Private Limited, Juhi Alloys Private Limited, Omkamal Steel Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Jhunjhunwala Naresh was appointed as Director on 29 Aug 2025. Mahesh Kumar Pareek ceased to be Additional Director on 07 Jul 2025. Mahesh Kumar Pareek was appointed as Additional Director on 21 Feb 2025. Sonal Irons Industry has 45 board changes on record in total.
Sonal Irons Industry can be reached through the website opgojas.com. Its registered office is in Bangalore, Karnataka, India.
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