Maasheetla Ventures Profile
Key Indicators
- Authorised Capital ₹ 44.00 Cr
- Paid Up Capital ₹ 32.36 Cr
- Company Age 21 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 471.25 Cr
- Satisfied Charges ₹ 85.20 Cr
- Revenue Growth 9.78%
- Profit Growth 13.83%
- Ebitda -1.40%
- Net Worth 23.37%
- Total Assets 111.80%
About Maasheetla Ventures
Maasheetla Ventures Limited (MVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 2003 and has a history of 21 years and six months. Its registered office is in Nainital, Uttarakhand, India.
The Corporate was formerly known as Btc Industries Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 44.00 Cr and a paid-up capital of Rs 32.36 Cr.
The company currently has active open charges totaling ₹471.25 Cr. The company has closed loans amounting to ₹85.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maasheetla Ventures Limited India is Govind Koranga as CFO. Anuradha Singh, Navneet Agarwal, Tushar Agarwal, and Five other members serve as directors at the Company.
Company Details
- Location
Nainital, Uttarakhand, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U10612UR2003PLC028002
- Company No.
028002
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Oct 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Uttarakhand
Industry
Metals and Minerals
Maasheetla Ventures Limited
Explore comprehensive data for Maasheetla Ventures Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maasheetla Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navneet Agarwal  | Managing Director | 21-Oct-2003 | Current |
| Govind Koranga | CFO | 09-Jun-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anuradha Singh | Director | 12-Jan-2024 | Current |
| Tushar Agarwal | Whole-Time Director | 21-Oct-2003 | Current |
| Sakshi Agarwal | Director | 20-Mar-2021 | Current |
| Yasoda Agarwal | Director | 06-Feb-2023 | Current |
| Ishan Baveja | Director | 16-Dec-2021 | Current |
| Bhanu Singh | Additional Director | 06-Sep-2024 | Current |
Financial Performance of Maasheetla Ventures.
Maasheetla Ventures Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 9.78% increase. The company also saw a substantial improvement in profitability, with a 13.83% increase in profit. The company's net worth Soared by an impressive increase of 23.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Maasheetla Ventures?
In 2024, Maasheetla Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maasheetla Industries Private LimitedNavneet Agarwal and Tushar Agarwal are mutual person
Maa Sheetla Udyog Private LimitedNavneet Agarwal and Yasoda Agarwal are mutual person
Shri Jagannath Steels & Power LimitedAnuradha Singh is a mutual person
Mandovi River Pellets Private LimitedAnuradha Singh is a mutual person
- Maa Sheetla Infracrusher Private Limited
Navneet Agarwal and Tushar Agarwal are mutual person
- Maa Sheetla Retailers Private Limited
Navneet Agarwal and Tushar Agarwal are mutual person
Charges (Loans)
Open Charges
₹471.25 Cr
Satisfied Charges
₹85.20 Cr
Charges Breakdown by Lending Institutions
- Others : 235.00 Cr
- Indian Bank : 115.40 Cr
- State Bank Of India : 99.50 Cr
- Indian Overseas Bank : 21.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2024 | State Bank Of India | ₹99.50 Cr | Open |
| 30 Dec 2023 | Others | ₹25.00 Cr | Open |
| 30 Jul 2023 | Indian Bank | ₹93.00 Cr | Open |
| 27 Mar 2023 | Indian Bank | ₹22.40 Cr | Open |
| 28 Feb 2023 | Others | ₹210.00 Cr | Open |
How Many Employees Work at Maasheetla Ventures?
Unlock and access historical data on people associated with Maasheetla Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Maasheetla Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maasheetla Ventures's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Maasheetla Ventures
Recent activity within the organization
- Charges
A charge with State Bank Of India amounted to Rs. 99.50 Cr with Charge ID 101006166 was registered on 13 Nov 2024.
- Annual General Meeting
Maasheetla Ventures Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Bhanu Pratap Singh was appointed as a Additional Director was appointed as a Additional Director on 06 Sep 2024 & has been associated with this company since 8 months 1 day .
- Balance Sheet
Maasheetla Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.
- Charges
A charge with Others of Rs. 210.00 Cr registered on 28 Feb 2023 with Charge ID 100687863 was modified on 23 Feb 2024.
- Director Appointment
Anuradha Singh was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 1 year 3 months .
Frequently asked questions
What is the Incorporation or founding date of Maasheetla Ventures Limited?
Maasheetla Ventures Limited was incorporated on 21 Oct 2003.
What is authorized share capital and paid-up capital of Maasheetla Ventures Limited?
The authorized share capital of Maasheetla Ventures Limited is ₹ 44.00 Cr and paid-up capital is ₹ 32.36 Cr.
Who are the current board members & directors of Maasheetla Ventures Limited?
Currently 9 directors are associated with Maasheetla Ventures Limited.
- Anuradha Singh
- Navneet Agarwal
- Tushar Agarwal
- Sakshi Agarwal
- Yasoda Nandan Agarwal
- Ishan Baveja
- Bhanu Pratap Singh
- Shikha Agarwal
- Govind Singh Koranga
What is the registered address of Maasheetla Ventures Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maasheetla Ventures Limited is Plot No. 572A Maa Sheetla Tower Adjacent To Volkswagaon Showroom Rampur Road, India, Haldwani, Uttarakhand, 263139.
What is the corporate identification number (CIN) and company number of Maasheetla Ventures Limited?
The corporate identification number (CIN) of Maasheetla Ventures Limited is U10612UR2003PLC028002 and the company number is 028002 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maasheetla Ventures Limited?
The Official website of Maasheetla Ventures Limited is https://www.btcil.com
What has been the recent revenue trend for Maasheetla Ventures Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Maasheetla Ventures Limited has risen by 9.78%.
What change has been observed in the net worth of Maasheetla Ventures Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Maasheetla Ventures Limited has experienced an upsurge of 23.37%.
What are the total open charges for Maasheetla Ventures Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Maasheetla Ventures Limited amount to ₹ 471.25 Cr.
When was the last Balance Sheet of Maasheetla Ventures Limited filed with the ROC?
The most recent Balance Sheet for Maasheetla Ventures Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
RA
Rama AgrawalDirectorSS
Sohan SinghAdditional DirectorDB
Deepak BhatnagarDirectorRS
Rajanikant SrivastavaDirectorAC
Arihant ChopraDirector
Similar Companies Based on Steel Manufacturing & Processing
Rashtriya Ispat Nigam Ltd Visakhapatnam, Andhra Pradesh, India
Posco Maharashtra Steel Private Limited Raigarh, Maharashtra, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Jsw Steel Limited Mumbai, Maharashtra, India
Apl Apollo Tubes Limited Delhi, India
Jindal Stainless Limited Hisar, Haryana, India
Jsw Steel Coated Products Limited Mumbai, Maharashtra, India
Arcelormittal Nippon Steel India Limited Surat, Gujarat, India