Maan Steel & Power Limited

Manufactures and supplies sponge iron with 60,000 MTPA capacity in West Bengal.

2003 | Kolkata, West Bengal (India) | Active
Last Updated: January 14, 2025

Maan Steel & Power Profile

Key Indicators

  • Authorised Capital ₹ 8.59 Cr
  • Paid Up Capital ₹ 8.23 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 636.54 Cr
  • Satisfied Charges ₹ 282.19 Cr
  • Revenue Growth 42.31%
  • Profit Growth 13.04%
  • Ebitda 7.10%
  • Net Worth 27.73%
  • Total Assets 31.86%

About Maan Steel & Power

Maan Steel & Power Limited (MSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 July 2003 and has a history of 21 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as G & A Metals 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 8.59 Cr and a paid-up capital of Rs 8.23 Cr.

The company currently has active open charges totaling ₹636.54 Cr. The company has closed loans amounting to ₹282.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Binod Agarwal, Shyam Agarwal, Sandeep Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maantmt.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2003PLC096543

  • Company No.

    096543

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Maan Steel & Power Limited offer?

Maan Steel & Power Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Plastic Bags, HDPE Bags, Organic Fertilizers and Manure, Mustard Oil Cake.

Who are the key members and board of directors at Maan Steel & Power?

Executive Team (1)

NameDesignationAppointment DateStatus
Binod Agarwal Country flag representing In Managing Director09-Jul-2003Current

Board Members (5)

NameDesignationAppointment DateStatus
Shagun Agarwal Country flag representing In Whole-Time Director 01-Jul-2018Current
Shyam Agarwal Country flag representing In Whole-Time Director 16-Feb-2016Current
Sandeep Agarwal Country flag representing In Whole-Time Director 09-Jul-2003Current
Anjana Agarwal Country flag representing In Whole-Time Director 01-Apr-2019Current
Sujeet Srivastava Country flag representing In Director 01-Oct-2019Current

Financial Performance of Maan Steel & Power.

Maan Steel & Power Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.31% increase. The company also saw a substantial improvement in profitability, with a 13.04% increase in profit. The company's net worth Soared by an impressive increase of 27.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.31%
Revenue from Operations
42.67%
Total Assets
31.86%
Profit or Loss
13.04%
Net Worth
27.73%
EBITDA
7.10%

What is the Ownership and Shareholding Structure of Maan Steel & Power?

In 2023, Maan Steel & Power had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹636.54 Cr

Satisfied Charges

₹282.19 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 465.54 Cr
  • Others : 57.50 Cr
  • Axis Bank Limited : 57.50 Cr
  • Yes Bank Limited : 56.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 2024Axis Bank Limited₹57.50 CrOpen
06 Apr 2024State Bank Of India₹5.00 CrOpen
06 Apr 2024State Bank Of India₹5.00 CrOpen
13 Mar 2024State Bank Of India₹5.00 CrOpen
09 Feb 2024Others₹25.00 CrOpen

How Many Employees Work at Maan Steel & Power?

Maan Steel & Power has a workforce of 496 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maan Steel & Power, 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 Maan Steel & Power's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Maan Steel & Power

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 56.00 Cr registered on 29 Sep 2023 with Charge ID 100794403 was modified on 30 Dec 2024.

    30 Dec 2024

  • Charges

    A charge registered on 06 Feb 2021 via Charge ID 100466478 with Hdfc Bank Limited was fully satisfied on 23 Dec 2024.

    23 Dec 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 57.50 Cr registered on 10 Apr 2024 with Charge ID 100896702 was modified on 21 Nov 2024.

    21 Nov 2024

  • Annual General Meeting

    Maan Steel & Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 32.50 Cr registered on 30 Nov 2023 with Charge ID 100834373 was modified on 03 Jul 2024.

    03 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 57.50 Cr with Charge ID 100896702 was registered on 10 Apr 2024.

    10 Apr 2024

Frequently asked questions

  • Maan Steel & Power Limited was incorporated on 09 Jul 2003.

  • The authorized share capital of Maan Steel & Power Limited is ₹ 8.59 Cr and paid-up capital is ₹ 8.23 Cr.

  • Currently 6 directors are associated with Maan Steel & Power Limited.

    • Binod Kumar Agarwal
    • Shyam Sunder Agarwal
    • Sandeep Agarwal
    • Anjana Devi Agarwal
    • Shagun Agarwal
    • Sujeet Kumar Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maan Steel & Power Limited is 58/1 Sarat Bose Road India, Kolkata, West Bengal, 700025.

  • The corporate identification number (CIN) of Maan Steel & Power Limited is U27109WB2003PLC096543 and the company number is 096543 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maan Steel & Power Limited is https://www.maantmt.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Maan Steel & Power Limited has risen by 42.31%.

  • As Per 2022 financial reports, 496 employees are currently employed by Maan Steel & Power Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Maan Steel & Power Limited has experienced an upsurge of 27.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Maan Steel & Power Limited amount to ₹ 636.54 Cr.

  • The most recent Balance Sheet for Maan Steel & Power Limited was filed with the ROC on 31 Mar 2024.

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