

Mahavir Inducto-Melt Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.05 Cr
- Company Age 41 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,446.00 Cr
- Satisfied Charges ₹ 118.56 Cr
- Revenue Growth 170.47%
- Profit Growth -32.56%
- Ebitda 204.10%
- Net Worth 8.51%
- Total Assets 19.65%
About Mahavir Inducto-Melt
Mahavir Inducto-Melt Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 1983 and has a history of 41 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Mahavir Iron And Steel Co. Private Limited. The Company is engaged in the Transport And Logistics 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 5.05 Cr.
The company currently has active open charges totaling ₹1,446.00 Cr. The company has closed loans amounting to ₹118.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahavir Inducto-Melt Private Limited India is Kishorechand Bansal as CEO. Gulshan Bansal and Kishorechand Bansal serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27310GJ1983PTC006260
- Company No.
006260
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 May 1983
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Mahavir Inducto-Melt Private Limited offer?
Mahavir Inducto-Melt Private Limited offers a wide range of products and services, including HR & Manpower Recruitment Solutions, Engineering Jobs, Waste Management & Control Services, Waste Recycling Services.
Who are the key members and board of directors at Mahavir Inducto-Melt?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Kishorechand Bansal ![]() | CEO | 01-Jul-2014 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Gulshan Bansal ![]() | Director | 15-Apr-2019 | Current |
Kishorechand Bansal ![]() | Ceo and Director | 15-Apr-2019 | Current |
Financial Performance of Mahavir Inducto-Melt.
Mahavir Inducto-Melt Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 170.47% increase. The company also saw a substantial fall in profitability, with a 32.56% decrease in profit. The company's net worth moved up by a moderate rise of 8.51%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mahavir Inducto-Melt?
In 2023, Mahavir Inducto-Melt had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Puneet Industries Private Limited
Gulshan Bansal and Kishorechand Bansal are mutual person
- Mahavir Rolling Mill Private Limited
Gulshan Bansal and Kishorechand Bansal are mutual person
- Anupama Steel Limited
Kishorechand Bansal is a mutual person
- Utthan Sewa Foundation
Kishorechand Bansal is a mutual person
Charges (Loans)
₹1,446.00 Cr
₹118.56 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 1446.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
10 Oct 2011 | Indian Overseas Bank | ₹361.50 Cr | Open |
10 Oct 2011 | Indian Overseas Bank | ₹361.50 Cr | Open |
10 Dec 2004 | Indian Overseas Bank | ₹361.50 Cr | Open |
24 Nov 2004 | Indian Overseas Bank | ₹361.50 Cr | Open |
03 Apr 2008 | Indian Overseas Bank | ₹118.50 Cr | Satisfied |
How Many Employees Work at Mahavir Inducto-Melt?
Unlock and access historical data on people associated with Mahavir Inducto-Melt, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Mahavir Inducto-Melt, 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 Mahavir Inducto-Melt'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.
Latest Updates, News, and FAQs on Mahavir Inducto-Melt
Recent activity within the organization
- Annual General Meeting
Mahavir Inducto-Melt Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mahavir Inducto-Melt Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 10 Dec 2004 with Charge ID 90108086 was modified on 05 May 2023.
- Charges
A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 10 Oct 2011 with Charge ID 10320176 was modified on 24 Mar 2023.
- Charges
A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 10 Oct 2011 with Charge ID 10320179 was modified on 24 Mar 2023.
- Charges
A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 24 Nov 2004 with Charge ID 90110840 was modified on 10 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Mahavir Inducto-Melt Private Limited?
Mahavir Inducto-Melt Private Limited was incorporated on 23 May 1983.
What is authorized share capital and paid-up capital of Mahavir Inducto-Melt Private Limited?
The authorized share capital of Mahavir Inducto-Melt Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.05 Cr.
Who are the current board members & directors of Mahavir Inducto-Melt Private Limited?
Currently 3 directors are associated with Mahavir Inducto-Melt Private Limited.
- Kishorechand Bansal
- Gulshan Kishorechand Bansal
- Kishorechand Kakaram Bansal
What is the registered address of Mahavir Inducto-Melt Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahavir Inducto-Melt Private Limited is 7604 Phase - Iv Gidc, Vatva India, Ahmedabad, Gujarat, 382445.
What is the corporate identification number (CIN) and company number of Mahavir Inducto-Melt Private Limited?
The corporate identification number (CIN) of Mahavir Inducto-Melt Private Limited is U27310GJ1983PTC006260 and the company number is 006260 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahavir Inducto-Melt Private Limited?
The Official website of Mahavir Inducto-Melt Private Limited is https://www.mahavirgroup.co.in
What has been the recent revenue trend for Mahavir Inducto-Melt Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mahavir Inducto-Melt Private Limited has risen by 170.47%.
What change has been observed in the net worth of Mahavir Inducto-Melt Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mahavir Inducto-Melt Private Limited has experienced an upsurge of 8.51%.
What are the total open charges for Mahavir Inducto-Melt Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mahavir Inducto-Melt Private Limited amount to ₹ 1,446.00 Cr.
When was the last Balance Sheet of Mahavir Inducto-Melt Private Limited filed with the ROC?
The most recent Balance Sheet for Mahavir Inducto-Melt Private Limited was filed with the ROC on 31 Mar 2024.
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