Madhyachal Steels Pvt Ltd

Manufacturer of basic iron and steel products, including MS angles, channels, squares, flats, and bars.

1990 | Indore, Madhya Pradesh (India) | Active
Last Updated: June 18, 2024

Madhyachal Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.57 Cr
  • Satisfied Charges ₹ 36.85 Cr
  • Revenue Growth 1.42%
  • Profit Growth -20.19%
  • Ebitda 8.43%
  • Net Worth 31.98%
  • Total Assets 13.14%

About Madhyachal Steels

Madhyachal Steels Pvt Ltd (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 November 1990 and has a history of 34 years and two months. Its registered office is in Indore, Madhya Pradesh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹56.57 Cr. The company has closed loans amounting to ₹36.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Jain, Indra Jain, and Anil Jain serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106MP1990PTC006119

  • Company No.

    006119

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Metals and Minerals

Who are the key members and board of directors at Madhyachal Steels?

Board Members (3)

Name Designation Appointment Date Status
Rahul Jain Country flag representing In Director 01-May-2007 Current
Indra Jain Country flag representing In Director 12-Jun-2019 Current
Anil Jain Country flag representing In Director 30-Nov-1990 Current

Financial Performance of Madhyachal Steels.

Madhyachal Steels Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 1.42% increase. The company also saw a substantial fall in profitability, with a 20.19% decrease in profit. The company's net worth Soared by an impressive increase of 31.98%.

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
1.42%
Revenue from Operations
1.45%
Total Assets
13.14%
Profit or Loss
-20.19%
Net Worth
31.98%
EBITDA
8.43%

What is the Ownership and Shareholding Structure of Madhyachal Steels?

In 2023, Madhyachal Steels had a promoter holding of 55.16% and a public holding of 44.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.57 Cr

Satisfied Charges

₹36.85 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 36.81 Cr
  • Religare Finvest Limited : 19.60 Cr
  • Others : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2023 State Bank Of India ₹36.81 Cr Open
21 Apr 2022 Others ₹1.56 M Open
31 Oct 2015 Religare Finvest Limited ₹9.80 Cr Open
31 Oct 2015 Religare Finvest Limited ₹9.80 Cr Open
08 Jun 2020 Axis Bank Limited ₹25.55 Cr Satisfied

How Many Employees Work at Madhyachal Steels?

Unlock and access historical data on people associated with Madhyachal Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madhyachal Steels, 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 Madhyachal Steels'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 Madhyachal Steels

Recent activity within the organization

  • Annual General Meeting

    Madhyachal Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Madhyachal Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 36.81 Cr with Charge ID 100684983 was registered on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 08 Jun 2020 via Charge ID 100345101 with Axis Bank Limited was fully satisfied on 22 Feb 2023.

    22 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100581365 was registered on 21 Apr 2022.

    21 Apr 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 25.55 Cr registered on 08 Jun 2020 with Charge ID 100345101 was modified on 10 Feb 2022.

    10 Feb 2022

Frequently asked questions

  • Madhyachal Steels Pvt Ltd was incorporated on 30 Nov 1990.

  • The authorized share capital of Madhyachal Steels Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 3 directors are associated with Madhyachal Steels Pvt Ltd.

    • Rahul Jain
    • Indra Jain
    • Anil Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhyachal Steels Pvt Ltd is Plot No. 7-A Sector-E Sanwer Road, Indore, Madhya Pradesh, India, 452015.

  • The corporate identification number (CIN) of Madhyachal Steels Pvt Ltd is U27106MP1990PTC006119 and the company number is 006119 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madhyachal Steels Pvt Ltd is https://www.madhyachalsteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madhyachal Steels Pvt Ltd has risen by 1.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madhyachal Steels Pvt Ltd has experienced an upsurge of 31.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madhyachal Steels Pvt Ltd amount to ₹ 56.57 Cr.

  • The most recent Balance Sheet for Madhyachal Steels Pvt Ltd was filed with the ROC on 31 Mar 2023.

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