About Z V Steels Private Limited
Data last updated:
Z V Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 01 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1997PTC109791. Its GSTIN is 27AAACZ0915C1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Z V Steel Private Limited and Z V Steel Trader Private Limited. It is led by directors Riyaz Karimbhoy Lokhandwala (Whole-Time Director) and Zameer Riyaz Lokhandwala (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 Office No. 101/102 1st Floor Gupta Bhavan Plot No 64B Ahmedabad Street, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹649.69 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Cr (net margin 0.5%) and EBITDA of ₹13.83 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹134.85 Cr and satisfied charges of ₹69.85 Cr on record. Court records list 74 cases involving the company, including 55 filed by the company and 19 filed against it; 32 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zvsteels.com.
Name History
Z V Steels has undergone 2 name changes throughout its history. The company was previously known as Z V Steel Private Limited, and Z V Steel Trader Private Limited. The current legal name is Z V Steels Private Limited.
| Company Name | Status |
|---|---|
| Z V Steels Private Limited | Current |
| Z V Steel Private Limited | Previous |
| Z V Steel Trader Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 101/102 1st Floor Gupta Bhavan Plot No 64B Ahmedabad Street, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Z V Steels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Z V Steels Private Limited
FY 2025 filings availableZ V Steels Private Limited reported revenue of ₹649.69 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 1% growth in the latest year. EBITDA rose 19% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹13.83 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹3.05 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.1% | |
| Net Profit Margin | 0.5% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Z V Steels are in the company report.
: available in the company report
Board of Directors of Z V Steels Private Limited
Z V Steels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riyaz Karimbhoy Lokhandwala | Whole-Time Director | 01 Aug 1997 | 29 Years 2 Months | Current |
| Zameer Riyaz Lokhandwala Also directs: Alco Steel Processors LLP, Rocketcorp Manufacturing LLP | Whole-Time Director | 23 Nov 2006 | 19 Years 10 Months | Current |
Peer Comparison
Z V Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agrasen Iron and Steels Private Limited | ₹672.86 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Raipur, Chhattisgarh, India |
| SSTL India Private Limited | ₹670.44 Cr (FY 2023) | •••• | •••• | 17.0% | •••• | Raipur, Chhattisgarh, India |
| SPG Multi Trade Private Limited | ₹666.24 Cr (FY 2018) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Z V Steels Private Limited this company | ₹649.69 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Deson Marketing Private Limited | ₹645.59 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Navbharat Global Services Private Limited | ₹641.39 Cr (FY 2025) | •••• | •••• | 2302.0% | •••• | Bengaluru, Karnataka, India |
| Mangalam Multi Businesses Private Limited | ₹634.4 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Ahmedabad, Gujarat, India |
| Jugraj Tejraj Agency Private Limited | ₹633.59 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Z V Steels by revenue, above and below it, in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Z V Steels Private Limited is audited by A P and Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A P and Company | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2026 | Axis Bank Limited | ₹35 Cr | Open |
| 04 Sep 2025 | Others | ₹3 Cr | Open |
| 30 May 2025 | Others | ₹11.25 Cr | Open |
| 30 May 2025 | Others | ₹10.25 Cr | Open |
| 25 Feb 2025 | Indian Overseas Bank | ₹35 Lakh | Open |
Total charge records: 14 View all charges
Legal Cases
Z V Steels Private Limited has 74 court cases on record: 55 filed by Z V Steels, 19 filed against it. 32 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 12 | 31 |
| High courts | 13 | 7 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Krupa Containers Pvt Ltd and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Accent Packaging Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Nucleus Satellite Communications Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Extreme Engitech Pvt. Ltd. and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Fourtech Power Systems Pvt Ltd | Disposed |
: available in 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.
Employees and EPFO Compliance
Z V Steels Private Limited has a workforce of 1 employees as of Oct 07, 2024.
: available in the company report
Recent Activity
Z V Steels Private Limited has 6 board changes on record since 1997: 2 appointments and 4 cessations. The latest: Riyaz Karimbhoy Lokhandwala ceased to be Director on 30 May 2022.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Z V Steels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0915C1ZP | Maharashtra | Active | 01 Jul 2017 |
| 24AAACZ0915C1ZV | Gujarat | Active | 29 Mar 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Z V Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 01 August 1997 (29+ years old) and is registered under CIN U51909MH1997PTC109791.
Z V Steels has 2 current directors:
- Riyaz Karimbhoy Lokhandwala - Whole-Time Director
- Zameer Riyaz Lokhandwala - Whole-Time Director
The latest financial statements of Z V 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 2015 are in the company report.
The GSTIN of Z V Steels is 27AAACZ0915C1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACZ0915C1ZV (Gujarat).
The CIN (Corporate Identification Number) of Z V Steels is U51909MH1997PTC109791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Z V Steels has 74 court cases on record: 55 filed by the company and 19 filed against it. 32 are pending. Most are in the district courts.
Z V Steels was incorporated on 01 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Z V Steels by revenue are Agrasen Iron and Steels Private Limited, SSTL India Private Limited, SPG Multi Trade Private Limited, Deson Marketing Private Limited, Navbharat Global Services Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Riyaz Karimbhoy Lokhandwala ceased to be Director on 30 May 2022. Zameer Riyaz Lokhandwala ceased to be Director on 30 May 2022. Yasmin Riyaz Lokhandwala ceased to be Director on 20 May 2022. Z V Steels has 6 board changes on record in total.
Z V Steels can be reached through the website zvsteels.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Z V Steels is at Office No. 101102 1st Floor Gupta Bhavan Plot No 64B Ahmedabad Street, Mumbai, Maharashtra, India – 400009.