Top Metals Limited
About Top Metals Limited
Data last updated:
Top Metals Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 31 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27205WB2009PLC256236. Its GSTIN is 19AADCT3662M1ZU (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.67 Cr. It is led by directors including Vimal Kumar Agarwala and Nishant Garodia.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Be – 77 Salt Lake City Sector – 1, Kolkata, West Bengal, India – 700064.
As per the financials filed for FY 2025, the company reported a revenue of ₹149.48 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹3.12 Cr (net margin -2.1%) and EBITDA of ₹11.49 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹76 Lakh and satisfied charges of ₹68.48 Cr on record. The company has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹99.69 Cr; the latest was in March 2023. The company has 8 MSME Form 1 returns on record between 2021 and 2024, listing 17 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Top Metals has one previous CIN (Corporate Identification Number): U27205AP2009PLC066507. The current CIN is U27205WB2009PLC256236, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27205WB2009PLC256236 | Current |
| U27205AP2009PLC066507 | Previous |
Contact details
Top Metals Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBe – 77 Salt Lake City Sector – 1, Kolkata, West Bengal, India – 700064
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Top Metals 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 Top Metals is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Top Metals Limited, buy the company report.
Financials of Top Metals Limited
FY 2024 filings availableTop Metals Limited reported revenue of ₹149.48 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 12% fall in the latest year. EBITDA rose 148% 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 | ₹11.49 Cr | ||||
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| Net Profit (PAT) | -₹3.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Top Metals Limited, buy the company report.
Board of directors of Top Metals Limited
Top Metals has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Kumar Agarwala Also directs: Prithvi Mining & Steel Private Limited, Stark Overseas Private Limited, Doyen Overseas Private Limited and 2 more | Director | 15 Nov 2024 | 1 Years 11 Months | Current |
| Nishant Garodia Also directs: Canis Mines and Minerals LLP, Softra Globus LLP, Barak Valley Cements Limited and 5 more | Director | 17 Dec 2016 | 9 Years 10 Months | Current |
| Kiran Agarwal | Director | 17 Nov 2020 | 5 Years 11 Months | Current |
| Akash Agarwala Also directs: Doyen Overseas Private Limited, Anaki Global Private Limited, Sideny Vincom Pvt. Ltd and 4 more | Director | 13 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Top Metals Limited is audited by Sheetal And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sheetal And Associates | FY 2023 | 012536S |
Shareholding
The shareholding of Top Metals 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 Top Metals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2025 | 101179873 | Others | ₹76 Lakh | Open | |
| 24 Nov 2010 | 10270792 | State Bank of India | ₹68.48 Cr | Satisfied |
To see the full charge records of Top Metals Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Top Metals Limited has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹99.69 Cr; the latest was in March 2023.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Neelachal Marketing Pvt Ltd , an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Sunflag Infrastructure Limited , an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sunflag Infrastructure Limited |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Sunflag Infrastructure Limited , Hanuman Towers Private Limited , an individual Seller: Neelachal Marketing Pvt Ltd , an individual |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Ethnic Global Ventures Private Limited , an individual |
To see the full deal history of Top Metals 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
No court or tribunal cases involving Top Metals Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Top Metals Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 17 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Crane Control Equipments | |||
| Lawatherm Furnace Private Limited | |||
| Sutco Bearings India Private Limited | |||
| Premier (India) Bearings Limited | |||
| Vega Controls Private Limited |
To see the full MSME payment records of Top Metals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Top Metals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCT3662M1ZU | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Top Metals Limited, buy the company report.
Recent activity
Top Metals Limited has 9 board changes on record since 2013: 4 appointments and 5 cessations. The latest: Vimal Kumar Agarwala was appointed as Director on 15 Nov 2024.
4 earlier events are in the company report.
Frequently asked questions
Top Metals is an active public limited company based in Kolkata, West Bengal, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 31 December 2009 (17+ years old) and is registered under CIN U27205WB2009PLC256236.
Top Metals has 4 current directors:
- Vimal Kumar Agarwala - Director
- Nishant Garodia - Director
- Kiran Agarwal - Director
- Akash Agarwala - Director
The latest financial statements of Top Metals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Top Metals is 19AADCT3662M1ZU, registered in West Bengal. 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 Top Metals is U27205WB2009PLC256236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Top Metals was incorporated on 31 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Top Metals has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹99.69 Cr; the latest was in March 2023.
Vimal Kumar Agarwala was appointed as Director on 15 Nov 2024. Kiran Agarwal ceased to be Additional Director on 31 Dec 2020. Kiran Agarwal was appointed as Director on 17 Nov 2020. Top Metals has 9 board changes on record in total.
Top Metals has 8 MSME Form 1 returns on record between 2021 and 2024, listing 17 overdue payments to 6 micro and small suppliers. The latest return was filed on 22 Apr 2024.
The registered office of Top Metals is at Be – 77 Salt Lake City Sector – 1, Kolkata, West Bengal, India – 700064.
Top Metals operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.