Mahalaxmi Seamless Limited

Manufacturer of tubes, pipes, and fittings for various industries, with ISO certification.

1991 | Raigarh, Maharashtra (India) | Active
Last Updated:

Mahalaxmi Seamless Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.28 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.25 Cr
  • Revenue Growth -10.93%
  • Profit Growth -28.34%
  • Ebitda -18.73%
  • Net Worth 291.93%
  • Total Assets -5.27%

About Mahalaxmi Seamless

Mahalaxmi Seamless Limited (MSL) is a Public Limited Indian Non-Government Company incorporated in India on 23 April 1991 and has a history of 33 years and 11 months. Its registered office is in Raigarh, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513460.

The Company is engaged in the Manufacturing 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 6.00 Cr and a paid-up capital of Rs 5.28 Cr.

The company currently has active open charges totaling ₹25.25 Cr.

The Key Managerial Personnel (KMP) at Mahalaxmi Seamless Limited India are Sumit Panwar as COMPANY SECRETARY and Vivek Jalan as Cfo. Vivek Jalan, Madhavprasad Jalan, Sushil Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L93000MH1991PLC061347

  • Company No.

    061347

  • Stock Symbol

    BSE : 513460

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 1991

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Mahalaxmi Seamless Limited offer?

Mahalaxmi Seamless Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts, Fuel Injection Parts & Fuel System, Fuel Pipes, Tyre, Tube & Flaps, Tyre Tube, Hydraulic Components, Hydraulic Tubes.

Who are the key members and board of directors at Mahalaxmi Seamless?

Executive Team (2)

NameDesignationAppointment DateStatus
Vivek Jalan Country flag representing In Managing Director26-Dec-2003Current
Sumit Panwar Company Secretary26-Jun-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sushil Jain Country flag representing In Director 02-Feb-2019Current
Madhavprasad Jalan Country flag representing In Whole-Time Director 23-Apr-1991Current
Chandrashekar Kulkarni Country flag representing In Director 20-Apr-2008Current
Mala Sharma Country flag representing In Whole-Time Director 31-Jan-2010Current
Aditya Moda Country flag representing In Director 12-Feb-2020Current

Financial Performance of Mahalaxmi Seamless.

Mahalaxmi Seamless Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.93% decrease. The company also saw a substantial fall in profitability, with a 28.34% decrease in profit. The company's net worth Soared by an impressive increase of 291.93%.

Mahalaxmi Seamless revenue growth over time
Mahalaxmi Seamless 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
-10.93%
Revenue from Operations
-9.60%
Total Assets
-5.27%
Profit or Loss
-28.34%
Net Worth
291.93%
EBITDA
-18.73%

What is the Ownership and Shareholding Structure of Mahalaxmi Seamless?

In 2023, Mahalaxmi Seamless had a promoter holding of 45.52% and a public holding of 54.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 21.00 Cr
  • Others : 4.25 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2018Others₹4.25 CrOpen
30 Mar 2007Oriental Bank Of Commerce₹2.00 CrOpen
24 May 2005Oriental Bank Of Commerce₹9.50 CrOpen
29 Dec 1993Oriental Bank Of Commerce₹9.50 CrOpen

How Many Employees Work at Mahalaxmi Seamless?

Mahalaxmi Seamless has a workforce of 2 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.

Employee growth trends for Mahalaxmi Seamless Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahalaxmi Seamless, 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 Mahalaxmi Seamless'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 Mahalaxmi Seamless

Recent activity within the organization

  • Annual General Meeting

    Mahalaxmi Seamless Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mahalaxmi Seamless Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sushil Ashok Jain was appointed as a Director was appointed as a Director on 02 Feb 2019 & has been associated with this company since 6 years 1 month .

  • Charges

    A charge with Others amounted to Rs. 4.25 Cr with Charge ID 100166196 was registered on 23 Mar 2018.

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 9.50 Cr registered on 24 May 2005 with Charge ID 90141453 was modified on 25 Jun 2015.

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 9.50 Cr registered on 29 Dec 1993 with Charge ID 90141779 was modified on 25 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Mahalaxmi Seamless Limited?

    Mahalaxmi Seamless Limited was incorporated on 23 Apr 1991.

  • What is authorized share capital and paid-up capital of Mahalaxmi Seamless Limited?

    The authorized share capital of Mahalaxmi Seamless Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.28 Cr.

  • Who are the current board members & directors of Mahalaxmi Seamless Limited?

    Currently 8 directors are associated with Mahalaxmi Seamless Limited.

    • Vivek Madhavprasad Jalan
    • Madhavprasad Govindram Jalan
    • Sushil Ashok Jain
    • Chandrashekar Rajaram Kulkarni
    • Mala Sharma
    • Sumit Panwar
    • Vivek Madhavprasad Jalan
    • Aditya Kumar Moda

  • What is the registered address of Mahalaxmi Seamless Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahalaxmi Seamless Limited is Pipenagar (Sukeli)Via Nagothane Taluka Roha India, Dist Raigad, Maharashtra, 402126.

  • What is the corporate identification number (CIN) and company number of Mahalaxmi Seamless Limited?

    The corporate identification number (CIN) of Mahalaxmi Seamless Limited is L93000MH1991PLC061347 and the company number is 061347 as per Ministry of Corporate Affairs (MCA).

  • Is Mahalaxmi Seamless Limited registered with any stock exchange in India?

    Yes, Mahalaxmi Seamless Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mahalaxmi Seamless Limited?

    The Official website of Mahalaxmi Seamless Limited is https://www.mahalaxmitubes.com

  • What has been the recent revenue trend for Mahalaxmi Seamless Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahalaxmi Seamless Limited has fallen by -10.93%.

  • How many employees does Mahalaxmi Seamless Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Mahalaxmi Seamless Limited.

  • What change has been observed in the net worth of Mahalaxmi Seamless Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahalaxmi Seamless Limited has experienced an upsurge of 291.93%.

  • What are the total open charges for Mahalaxmi Seamless Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahalaxmi Seamless Limited amount to ₹ 25.25 Cr.

  • When was the last Balance Sheet of Mahalaxmi Seamless Limited filed with the ROC?

    The most recent Balance Sheet for Mahalaxmi Seamless Limited was filed with the ROC on 31 Mar 2024.

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