About Utkarsh India Limited
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Utkarsh India Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25119WB1995PLC070893. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹23.54 Cr. It was formerly known as Winner Dealers Private Limited. It is led by directors including Sunil Bansal (Managing Director) and Manoj Agarwal (Whole-Time Director).
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 Arrjavvsquare 95A Elliotroad 4 Thfloor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,324.37 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹52.64 Cr (net margin 2.3%) and EBITDA of ₹149.1 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 19% over five years.
The company has about 587 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Utkarsh India. As per MCA filings, the company has open charges of ₹1,309.31 Cr and satisfied charges of ₹4,397.03 Cr on record. Court records list 85 cases involving the company, including 68 filed by the company and 17 filed against it; 20 cases are pending. The company has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹41.98 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utkarshindia.in.
Company details
Name history
Utkarsh India has undergone 5 name changes throughout its history. The current legal name is Utkarsh India Limited.
| Company Name | Status |
|---|---|
| Utkarsh India Limited | Current |
| Winner Dealers Private Limited | Previous |
| Utkarsh Tubes Private Limited | Previous |
| Utkarsh Tubes & Pipes Private Limited. | Previous |
| Utkarsh Tubes & Pipes Limited | Previous |
CIN history
Utkarsh India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25119WB1995PLC070893, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25119WB1995PLC070893 | Current |
| U51109WB1995PTC070893 | Previous |
| U51109WB1995PLC070893 | Previous |
Contact details
Utkarsh India Limited's registered office is in Kolkata, West Bengal. Its website is utkarshindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressArrjavvsquare 95A Elliotroad 4 Thfloor, Kolkata, West Bengal, India – 700016
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Utkarsh India 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
Brands
Utkarsh India operates one associated brand: Utkarsh India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying engineering products, steel tubes, and PVC pipes for infrastructure and agriculture sectors. | utkarshindia.in |
Business activity
The main business activity of Utkarsh India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Utkarsh India Limited, buy the company report.
Financials of Utkarsh India Limited
FY 2025 filings availableUtkarsh India Limited reported revenue of ₹2,324.37 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 2% growth in the latest year. EBITDA rose 4% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2,324.37 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹149.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.64 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Utkarsh India Limited, buy the company report.
Board of directors of Utkarsh India Limited
Utkarsh India has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joginder Pal Dua | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Manoj Agarwal | Whole-Time Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Seema Sharma | Director | 28 Nov 2024 | 1 Years 10 Months | Current |
| Sumantra Choudhury | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
| Asish Chakraborty | Whole-Time Director | 01 Dec 2024 | 1 Years 10 Months | Current |
| Sunil Bansal Also directs: Madhuvan Structurals LLP, Utkarsh Metal Industries Private Limited, Bansal Poles Limited and 3 more | Managing Director | 20 Nov 2006 | 19 Years 11 Months | Current |
Auditor
Utkarsh India Limited is audited by D. K. Chhajer & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. K. Chhajer & Co. | FY 2025 | 304138E |
Shareholding
The shareholding of Utkarsh India Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Utkarsh India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2026 | 101340401 | Indian Bank | ₹5.08 Cr | Open | |
| 01 Jul 2026 | 101326211 | Hdfc Bank Limited | ₹9.9 Cr | Open | |
| 30 Jun 2026 | 101318642 | Yes Bank Limited | ₹60 Cr | Open | |
| 30 Jun 2026 | 101325365 | State Bank of India | ₹9.37 Cr | Open | |
| 17 Jun 2026 | 101320060 | Others | ₹13 Cr | Open |
To see the full charge records of Utkarsh India Limited, buy the company report.
Total charge records: 84 View all charges
Deals & funding
Utkarsh India Limited has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹41.98 Cr; the latest was in March 2022.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Utkarsh Metal Industries Private Limited Seller: Diyara Vanijya Private Limited , Arpan Sales Private Limited , Yamunotry Vyapaar Private Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Link Vintrade Private Limited , 3 individuals Seller: Maheshwari Merchants Pvt Ltd , 3 individuals |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Maheshwari Merchants Pvt Ltd Seller: Cosmic Trcom Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: BMW Industries Limited |
| Oct 2013 | Funding round | ₹8.91 Cr | Investors: Dover Tie Up Private Limited |
To see the full deal history of Utkarsh India 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
Utkarsh India Limited has 85 court cases on record: 68 filed by Utkarsh India, 17 filed against it. 20 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 14 | 18 |
| District courts | 14 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CS-COM) | Filed by the company against Kashyap Yantrique Private Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Himachal Pradesh State Electricity Board Limited and Ors | Pending |
| High Court | Court case (EC-COM) | Filed by the company against Buildstar Infra Private Limited | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Tamilnadu Transmission Corporation Limited (Tantransco) M/S.M.Sneha, M.A.Vimal Mohan,V.Dinesh Raja,V.Rani | Pending |
| High Court, JHARKHAND | Writ petition | Filed by the company against Central Coalfields Limited and 1 other | Pending |
To see the full case history of Utkarsh India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Utkarsh India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Utkarsh India has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dadi-Ma Steels (India) Pvt Ltd | U28113WB1994PTC063576 |
To see the full group structure of Utkarsh India Limited, buy the company report.
Employees & EPFO
Utkarsh India Limited has a workforce of 587 employees on its EPFO records as of Oct 10, 2025, across 2 active EPFO establishments.
GST
Utkarsh India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Utkarsh India Limited, buy the company report.
Recent activity
Utkarsh India Limited has 17 board changes on record since 2006: 7 appointments and 10 cessations. The latest: Asish Chakraborty was appointed as Whole-Time Director on 01 Dec 2024.
162 earlier events are in the company report.
News
Frequently asked questions
Utkarsh India is an active public limited company based in Kolkata, West Bengal, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 April 1995 (31+ years old) and is registered under CIN U25119WB1995PLC070893.
Utkarsh India has 7 current directors:
- Sunil Bansal - Managing Director
- Manoj Agarwal - Whole-Time Director
- Asish Chakraborty - Whole-Time Director
- Utkarsh Bansal - Whole-Time Director
- Joginder Pal Dua - Director
- Seema Sharma - Director
- Sumantra Choudhury - Director
The latest financial statements of Utkarsh India 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.
No. Utkarsh India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Utkarsh India is U25119WB1995PLC070893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkarsh India has 85 court cases on record: 68 filed by the company and 17 filed against it. 20 are pending. Most are in the high courts.
Utkarsh India was incorporated on 05 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Utkarsh India has 15 deals on record (10 secondary share transfers, 5 funding rounds), with disclosed funding of ₹41.98 Cr; the latest was in March 2022.
Asish Chakraborty was appointed as Whole-Time Director on 01 Dec 2024. Seema Sharma was appointed as Director on 28 Nov 2024. Manoj Agarwal was appointed as Whole-Time Director on 15 Jul 2024. Utkarsh India has 17 board changes on record in total.
Utkarsh India can be reached through the website utkarshindia.in. Its registered office is in Kolkata, West Bengal, India.