MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-PB-12-0002162
Toolman Special Steels Private Limited
Toolman Special Steels Private Limited - engineering in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.42 Cr
▲ 272% YoY
Net profit · FY 2024
₹1.96 Cr
Net margin 4.1%
EBITDA · FY 2024
₹5.48 Cr
EBITDA margin 11.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹21.3 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
30
Provident fund records
About Toolman Special Steels Private Limited
Data last updated:
Toolman Special Steels Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27109PB2019PTC050410. Its GSTIN is 03AAHCT6509R1ZT (Punjab). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kanav Dhingra and Hemant Dhingra.
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 Vikram Dhingra S/O Davinder Kumardhingra G.T. Road Village Khakat Sahnewal, Ludhiana, Punjab, India – 141120.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 4.1%) and EBITDA of ₹5.48 Cr (EBITDA margin 11.3%).
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.3 Cr on record.
Toolman Special Steels Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-12-0002162). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27109PB2019PTC050410
Registration Number 050410
Incorporation Date 11 December 2019
ROC Chandigarh
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 MSME
Udyam Registration UDYAM-PB-12-0002162
Recognitions & Rankings of Toolman Special Steels
Contact details
Toolman Special Steels Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVikram Dhingra S/O Davinder Kumardhingra G.T. Road Village Khakat Sahnewal, Ludhiana, Punjab, India – 141120
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Toolman Special Steels Private Limited, buy the company report.
Comprehensive company report
Toolman Special 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Toolman Special 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 Toolman Special Steels Private Limited, buy the company report.
Financials of Toolman Special Steels Private Limited
FY 2025 filings availableToolman Special Steels Private Limited reported revenue of ₹48.42 Cr (up 272% YoY) for FY 2024.
Revenue · FY 2024
₹48.42 Cr ▲ 272%
Net profit · FY 2024
₹1.96 Cr margin 4.1%
EBITDA · FY 2024
₹5.48 Cr margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 272%
EBITDA CAGR growth
1 year
▲ 151%
Revenue rose 272% in the latest year. EBITDA rose 151% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹5.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.96 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Toolman Special Steels Private Limited, buy the company report.
Board of directors of Toolman Special Steels Private Limited
Toolman Special Steels has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanav Dhingra | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Hemant Dhingra | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Vikram Dhingra Also directs: Hemant Forging Private Limited | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Jayanti Dhingra Also directs: Hemant Forging Private Limited | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Toolman Special Steels Private 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 |
|---|---|---|---|---|---|---|
| Palakkad Steels Pvt Ltd | ₹48.53 Cr (FY 2024) | -11.0% | Kanjikode, Kerala, India | |||
| Prince Alloys Private Limited | ₹48.52 Cr (FY 2025) | -11.0% | Palakkad, Kerala, India | |||
| Radharaman Stainless Steel Private Limited | ₹48.51 Cr (FY 2025) | 8.0% | Bhiwadi, Rajasthan, India | |||
| Indomet Steel Industries Private Limited | ₹48.47 Cr (FY 2024) | -7.0% | Babra, Gujarat, India | |||
| Toolman Special Steels Private Limitedthis company | ₹48.42 Cr (FY 2024) | ₹1.96 Cr | 4.1% | 272.0% | 30 | Ludhiana, Punjab, India |
| Nandina Build - Tech Private Limited | ₹48.39 Cr (FY 2025) | -9.0% | Rajahmundry, Andhra Pradesh, India | |||
| Varun Castings Private Limited | ₹48.29 Cr (FY 2017) | -12.0% | Mandi Gobindgarh, Punjab, India | |||
| Shehzone Steel Industries Private Limited | ₹48.26 Cr (FY 2025) | 3.0% | Jetpur, Gujarat, India | |||
| A P Steel Re Rolling Mill Limited | ₹48.14 Cr (FY 2021) | -11.0% | Palakkad, Kerala, India |
To see the full peer comparison of Toolman Special Steels Private Limited, buy the company report.
Auditor
Toolman Special Steels Private Limited is audited by Asim Atrey & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Asim Atrey & Associates | FY 2023 | 004024N |
Shareholding
The shareholding of Toolman Special Steels Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Toolman Special Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2022 | 100546415 | Hdfc Bank Limited | ₹21.3 Cr | Open |
To see the full charge records of Toolman Special Steels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Toolman Special Steels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Toolman Special Steels Private Limited was last rated by Crisil on 16 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Feb 2021 |
To see the full credit ratings and regulatory alerts of Toolman Special Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Toolman Special Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Toolman Special Steels Private Limited has a workforce of 30 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
114.29%
GST
Toolman Special Steels has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCT6509R1ZT | Punjab | Active | 04 Mar 2020 |
| 03AAHCT6509R1D2 | Punjab | Active | 06 Jan 2025 |
| 24AAHCT6509R1ZP | Gujarat | Active | 23 May 2025 |
To see the full GST registrations and return filing status of Toolman Special Steels Private Limited, buy the company report.
Recent activity
Toolman Special Steels Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Hemant Dhingra was appointed as Director on 11 Dec 2019.
AGM
Toolman Special Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Toolman Special Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 21.30 Cr registered on 05 Feb 2022 with Charge ID 100546415 was modified on 12 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.30 Cr with Charge ID 100546415 was registered on 05 Feb 2022.
Appointed
Hemant Dhingra was appointed as Director.
Appointed
Jayanti Dhingra was appointed as Director.
Appointed
Kanav Dhingra was appointed as Director.
Appointed
Vikram Dhingra was appointed as Director.
Incorporation
11 Dec 2019
Toolman Special Steels Private Limited was registered on 11 Dec 2019 with Roc Chandigarh & aged 6 years 10 months as per MCA records.
Frequently asked questions
Toolman Special Steels is an active private limited company based in Ludhiana, Punjab, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U27109PB2019PTC050410.
Toolman Special Steels has 4 current directors:
- Kanav Dhingra - Director
- Hemant Dhingra - Director
- Vikram Dhingra - Director
- Jayanti Dhingra - Director
The latest financial statements of Toolman Special 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 FY 2020 are in the company report.
The GSTIN of Toolman Special Steels is 03AAHCT6509R1ZT, registered in Punjab. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 03AAHCT6509R1D2 (Punjab), 24AAHCT6509R1ZP (Gujarat).
The CIN (Corporate Identification Number) of Toolman Special Steels is U27109PB2019PTC050410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toolman Special Steels was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Toolman Special Steels by revenue are Palakkad Steels Pvt Ltd, Prince Alloys Private Limited, Radharaman Stainless Steel Private Limited, Indomet Steel Industries Private Limited, Nandina Build - Tech Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Hemant Dhingra was appointed as Director on 11 Dec 2019. Jayanti Dhingra was appointed as Director on 11 Dec 2019. Kanav Dhingra was appointed as Director on 11 Dec 2019. Toolman Special Steels has 4 board changes on record in total.
Yes, Toolman Special Steels is registered as an MSME under Udyam registration (number: UDYAM-PB-12-0002162).
The registered office of Toolman Special Steels is at Vikram Dhingra SO Davinder Kumardhingra G.T. Road Village Khakat Sahnewal, Ludhiana, Punjab, India – 141120.
Toolman Special Steels operates in the engineering industry, in the metal foundry and fabrication services segment.