Mahalakshmi Bright Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 9.90 Cr
as on 02-07-2024
- Paid Up Capital ₹ 6.06 Cr
as on 02-07-2024
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 84.92 Cr
as on 02-07-2024
- Revenue 24.31%
(FY 2023)
- Profit 20.30%
(FY 2023)
- Ebitda 19.42%
(FY 2023)
- Net Worth 29.02%
(FY 2023)
- Total Assets 28.22%
(FY 2023)
About Mahalakshmi Bright Steel Industries
The Corporate was formerly known as Mrc Bright Steel Industries Private Limited. The Company is engaged in the Automotive 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 9.90 Cr and a paid-up capital of Rs 6.06 Cr.
The company currently has active open charges totaling ₹84.92 Cr.
Satyanarayan Agarwal, Manish Agarwal, Bina Agarwal, and One other member serve as directors at the Company.
- CIN/LLPIN
U27100TN2011PTC090623
- Company No.
090623
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 May 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Mahalakshmi Bright Steel Industries Private Limited offer?
Mahalakshmi Bright Steel Industries Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Bars.
Who are the key members and board of directors at Mahalakshmi Bright Steel Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyanarayan Agarwal  | Managing Director | 16-May-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Agarwal | Director | 16-May-2011 | Current |
| Bina Agarwal | Director | 10-Aug-2015 | Current |
| Chandni Agarwal | Director | 16-May-2011 | Current |
Financial Performance of Mahalakshmi Bright Steel Industries.
Mahalakshmi Bright Steel Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.31% increase. The company also saw a substantial improvement in profitability, with a 20.3% increase in profit. The company's net worth Soared by an impressive increase of 29.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahalakshmi Bright Steel Industries?
In 2023, Mahalakshmi Bright Steel Industries had a promoter holding of 63.32% and a public holding of 36.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Unitech Steel Industries Private LimitedActive 37 years 4 monthsSatyanarayan Agarwal, Manish Agarwal and 2 more are mutual person
- Ultratech Forgings Private LimitedActive 19 years 4 months
Satyanarayan Agarwal, Bina Agarwal and 1 more are mutual person
- Kamathgiri Steels Private LimitedActive 5 years 10 days
Satyanarayan Agarwal, Manish Agarwal and 1 more are mutual person
- Mahalakshmi Microns Private LimitedActive 9 months 7 days
Manish Agarwal and Chandni Agarwal are mutual person
Charges (Loans)
₹84.92 Cr
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 48.66 Cr
- Tata Capital Financial Services Limited : 20.00 Cr
- Others : 15.11 Cr
- Hdfc Bank Limited : 1.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2023 | Hdfc Bank Limited | ₹1.15 Cr | Open |
| 30 May 2023 | Tata Capital Financial Services Limited | ₹10.00 Cr | Open |
| 28 Jun 2022 | Others | ₹15.00 Cr | Open |
| 25 Sep 2020 | Axis Bank Limited | ₹10.83 Cr | Open |
| 11 Feb 2019 | Others | ₹1.12 M | Open |
How Many Employees Work at Mahalakshmi Bright Steel Industries?
Mahalakshmi Bright Steel Industries has a workforce of 148 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahalakshmi Bright Steel Industries, 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 Mahalakshmi Bright Steel Industries'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.
