Maharashtra Seamless Limited

Manufacturer of seamless and ERW pipes with additional focus on renewable energy projects.

1988 | Raigarh, Maharashtra (India) | Active
Last Updated:

Maharashtra Seamless Profile

Key Indicators

  • Authorised Capital ₹ 1,070.00 Cr
  • Paid Up Capital ₹ 67.00 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1,195.99 Cr
  • Revenue Growth 57.37%
  • Profit Growth 168.69%
  • Ebitda 20.84%
  • Net Worth 11.06%
  • Total Assets -0.89%

About Maharashtra Seamless

Maharashtra Seamless Limited (MSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 May 1988 and has a history of 36 years and ten months. Its registered office is in Raigarh, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500265 and on the National Stock Exchange(NSE) under MAHSEAMLES.

The Company is engaged in the Environment 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 1,070.00 Cr and a paid-up capital of Rs 67.00 Cr.

The company has closed loans amounting to ₹1,195.99 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maharashtra Seamless Limited India is Ram Nigam as COMPANY SECRETARY. Ashok Bhandari, Kamal Bhartia, Dharam Jindal, and Five 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

    L99999MH1988PLC080545

  • Company No.

    080545

  • Stock Symbol

    BSE : 500265 NSE : MAHSEAMLES

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 May 1988

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Environment
Manufacturing

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

Executive Team (3)

NameDesignationAppointment DateStatus
Saket Jindal Country flag representing In Managing Director01-Sep-2001Current
Ram Nigam Country flag representing In Company Secretary25-Aug-2020Current
Raghav Jindal Country flag representing In Managing Director01-Jul-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Ashok Bhandari Country flag representing In Director 11-Feb-2019Current
Kamal Bhartia Country flag representing In Director 26-Sep-2024Current
Dharam Jindal Country flag representing In Director 10-May-1988Current
Pithelis Marian Country flag representing In Whole-Time Director 20-Oct-2005Current
Mohan Gupta Country flag representing In Director 26-Sep-2024Current
Roma Kumar Country flag representing In Director 06-Aug-2014Current

Financial Performance of Maharashtra Seamless.

Maharashtra Seamless Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.37% increase. The company also saw a substantial improvement in profitability, with a 168.69% increase in profit. The company's net worth Soared by an impressive increase of 11.06%.

Maharashtra Seamless revenue growth over time
Maharashtra 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
57.37%
Revenue from Operations
59.82%
Total Assets
-0.89%
Profit or Loss
168.69%
Net Worth
11.06%
EBITDA
20.84%

What is the Ownership and Shareholding Structure of Maharashtra Seamless?

In 2023, Maharashtra Seamless had a promoter holding of 67.80% and a public holding of 32.19%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,195.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 628.10 Cr
  • State Bank Of Patiala : 382.36 Cr
  • Axis Bank Limited : 128.06 Cr
  • Standard Chartered Bank : 15.50 Cr
  • Hdfc Bank Limited : 14.50 Cr
  • Others : 27.47 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2021Others₹100.00 CrSatisfied
16 Feb 2021Others₹150.00 CrSatisfied
14 May 2020Others₹378.10 CrSatisfied
15 May 2015Axis Bank Limited₹128.06 CrSatisfied
30 May 2001Standard Chartered Bank₹15.50 CrSatisfied

How Many Employees Work at Maharashtra Seamless?

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

Employee growth trends for Maharashtra Seamless Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra 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 Maharashtra 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 Maharashtra Seamless

Recent activity within the organization

  • Director Appointment

    Kamal Kishore Bhartia was appointed as a Director was appointed as a Director on 26 Sep 2024 & has been associated with this company since 6 months 1 day .

  • Director Appointment

    Mohan Gupta was appointed as a Director was appointed as a Director on 26 Sep 2024 & has been associated with this company since 6 months 1 day .

  • Annual General Meeting

    Maharashtra Seamless Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge registered on 16 Feb 2021 via Charge ID 100419505 with Others was fully satisfied on 06 Feb 2024.

  • Charges

    A charge registered on 14 May 2020 via Charge ID 100337889 with Others was fully satisfied on 21 Jun 2023.

Recent News, Updates & Announcement

Frequently asked questions

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

    Maharashtra Seamless Limited was incorporated on 10 May 1988.

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

    The authorized share capital of Maharashtra Seamless Limited is ₹ 1,070.00 Cr and paid-up capital is ₹ 67.00 Cr.

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

    Currently 9 directors are associated with Maharashtra Seamless Limited.

    • Ashok Bhandari
    • Kamal Kishore Bhartia
    • Dharam Pal Jindal
    • Saket Jindal
    • Raghav Jindal
    • Pithelis Raj Santhana Marian
    • Mohan Gupta
    • Roma Kumar
    • Ram Ji Nigam

  • What is the registered address of Maharashtra Seamless Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Seamless Limited is Pipe Nagar Village Sukelinh17 Bkg Road Roha India, Raigad, Maharashtra, 402126.

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

    The corporate identification number (CIN) of Maharashtra Seamless Limited is L99999MH1988PLC080545 and the company number is 080545 as per Ministry of Corporate Affairs (MCA).

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

    Yes, Maharashtra Seamless Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAHSEAMLES.

  • What is the official website of Maharashtra Seamless Limited?

    The Official website of Maharashtra Seamless Limited is https://www.jindal.com

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Maharashtra Seamless Limited has risen by 57.37%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Maharashtra Seamless Limited has experienced an upsurge of 11.06%.

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

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

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