Tara Steels Private Limited

Tara Steels Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U27109GJ2007PTC051123 Incorporated 15 June 2007 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company home and lifestyle MSME · Small
Data last updated
Revenue · FY 2023
₹12.93 Cr
▲ 2% YoY
Net profit · FY 2023
₹2.28 Lakh
Net margin 0.2%
EBITDA · FY 2023
₹54.74 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹10.12 Cr
Satisfied ₹5.01 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings

About Tara Steels Private Limited

Data last updated:

Tara Steels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 15 June 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2007PTC051123. Its GSTIN is 24AADCT0992N1ZY (Gujarat).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Babulal Kaniramji Vaishnav and Prakashbhai Bhoot.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. E Sarthi Industrial Estate Nr. Bhagwati B/H Gvmm Odhav, Ahmedabad, Gujarat, India – 382415.

As per the financials filed for FY 2023, the company reported a revenue of ₹12.93 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 0.2%) and EBITDA of ₹54.74 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.

As per MCA filings, the company has open charges of ₹10.12 Cr and satisfied charges of ₹5.01 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Tara Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0101952). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27109GJ2007PTC051123
Registration Number 051123
Incorporation Date 15 June 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0101952
Key People
Babulal Kaniramji Vaishnav Director Prakashbhai Bhoot Director

Recognitions & Rankings of Tara Steels

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0101952

Contact details

Tara Steels Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. E Sarthi Industrial Estate Nr. Bhagwati B/H Gvmm Odhav, Ahmedabad, Gujarat, India – 382415
  • Industry
    Home & Lifestyle, Crockery & Kitchenware Manufacturing

To see the full contact details of Tara Steels Private Limited, buy the company report.

Comprehensive company report
Tara 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
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Business activity

The main business activity of Tara Steels is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Tara Steels Private Limited, buy the company report.

Financials of Tara Steels Private Limited

FY 2024 filings available

Tara Steels Private Limited reported revenue of ₹12.93 Cr (up 2% YoY) for FY 2023.

Revenue · FY 2023
₹12.93 Cr ▲ 2%
Net profit · FY 2023
₹2.28 Lakh margin 0.2%
EBITDA · FY 2023
₹54.74 Lakh margin 4.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 58%

Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 2% growth in the latest year. EBITDA rose 24% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹12.93 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹54.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.28 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin4.2%
Net Profit Margin0.2%
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 Tara Steels Private Limited, buy the company report.

Board of directors of Tara Steels Private Limited

Tara Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Babulal Kaniramji VaishnavDirector15 Jun 200719 Years 4 MonthsCurrent
Prakashbhai BhootDirector15 Jun 200719 Years 4 MonthsCurrent
View all directors

Auditor

Tara Steels Private Limited is audited by GOYAL BAID & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GOYAL BAID & ASSOCIATESFY 20230121498W

Shareholding

The shareholding of Tara Steels 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tara Steels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.12 Cr
Satisfied charges
₹5.01 Cr
Breakdown by lending institutions
Others₹10.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jul 2024100965743Others₹4.72 CrOpen
12 Jul 2022100595472Others₹3.4 CrOpen
12 Jul 2022100595468Others₹1.11 CrOpen
12 Jul 2022100595566Others₹89.22 LakhOpen
17 Dec 2021100531914Others₹48 LakhSatisfied

To see the full charge records of Tara Steels Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tara Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tara Steels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCT0992N1ZYGujaratActive07 Apr 2019

To see the full GST registrations and return filing status of Tara Steels Private Limited, buy the company report.

Recent activity

Tara Steels Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Pravinkumar Chunilal Bhoot ceased to be Director on 22 Apr 2025.

Ceased
Pravinkumar Chunilal Bhoot ceased to be Director.
AGM
Tara Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.72 Cr with Charge ID 100965743 was registered on 24 Jul 2024.
Filing
Tara Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 3.40 Cr registered on 12 Jul 2022 with Charge ID 100595472 was modified on 26 Jun 2023.
Charges
A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100595468 was registered on 12 Jul 2022.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100595566 was registered on 12 Jul 2022.
Charges
A charge with Others amounted to Rs. 3.40 Cr with Charge ID 100595472 was registered on 12 Jul 2022.
Charges
A charge registered on 17 Dec 2021 via Charge ID 100531914 with Others was fully satisfied on 10 Jun 2022.
Charges
A charge registered on 16 Sep 2020 via Charge ID 100419903 with Others was fully satisfied on 10 Jun 2022.
Charges
A charge registered on 18 Jul 2018 via Charge ID 100191697 with Others was fully satisfied on 10 Jun 2022.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100531914 was registered on 17 Dec 2021.

6 earlier events are in the company report.

Frequently asked questions

Tara Steels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 15 June 2007 (19+ years old) and is registered under CIN U27109GJ2007PTC051123.

Tara Steels has 2 current directors:

The latest financial statements of Tara Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Tara Steels is 24AADCT0992N1ZY, registered in Gujarat.

The CIN (Corporate Identification Number) of Tara Steels is U27109GJ2007PTC051123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tara Steels has 1 court case on record: 1 filed against it. 1 is pending.

Tara Steels was incorporated on 15 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Pravinkumar Chunilal Bhoot ceased to be Director on 22 Apr 2025. Babulal Kaniramji Vaishnav was appointed as Director on 15 Jun 2007. Prakashbhai Bhoot was appointed as Director on 15 Jun 2007. Tara Steels has 4 board changes on record in total.

Yes, Tara Steels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0101952).

The registered office of Tara Steels is at Plot No. E Sarthi Industrial Estate Nr. Bhagwati BH Gvmm Odhav, Ahmedabad, Gujarat, India – 382415.