Mahavir Steel Industries Ltd

Manufacturer of steel products for infrastructure, power, and shipping industries.

1979 | Pune, Maharashtra (India) | Active
Last Updated:

Mahavir Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.31 Cr
  • Company Age 45 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 53.10 Cr
  • Satisfied Charges ₹ 4.40 Cr
  • Revenue Growth -20.27%
  • Profit Growth -67.67%
  • Ebitda -31.42%
  • Net Worth 0.71%
  • Total Assets -6.15%

About Mahavir Steel Industries

Mahavir Steel Industries Ltd (MSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 1979 and has a history of 45 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Mahavir Steel Industries Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 7.31 Cr.

The company currently has active open charges totaling ₹53.10 Cr. The company has closed loans amounting to ₹4.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alok Raniwala, Atul Raniwala, Rachna Dhavale, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104MH1979PLC021539

  • Company No.

    021539

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Metals and Minerals

What products or services does Mahavir Steel Industries Ltd offer?

Mahavir Steel Industries Ltd offers a wide range of products and services, including Building Panels & Cladding Materials, Building & Electricity Poles, Steel Bars, Rods, Plates & Sheets, Steel Bars, Industrial Steel, Mild Steel Flats, Metal Channels, MS Channel, Building Beams & Girders, I Beams.

Company report

Mahavir Steel Industries Ltd

Explore comprehensive data for Mahavir Steel Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mahavir Steel Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Alok Raniwala Country flag representing In Managing Director01-Oct-1981Current

Board Members (3)

NameDesignationAppointment DateStatus
Amit Raniwala Country flag representing In Whole-Time Director 29-Sep-2015Current
Atul Raniwala Country flag representing In Whole-Time Director 01-Nov-1983Current
Rachna Dhavale Country flag representing In Director 28-Mar-2023Current

Financial Performance of Mahavir Steel Industries.

Mahavir Steel Industries Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.27% decrease. The company also saw a substantial fall in profitability, with a 67.67% decrease in profit. The company's net worth moved up by a moderate rise of 0.71%.

Mahavir Steel Industries revenue growth over time
Mahavir Steel Industries 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
-20.27%
Revenue from Operations
-18.89%
Total Assets
-6.15%
Profit or Loss
-67.67%
Net Worth
0.71%
EBITDA
-31.42%

What is the Ownership and Shareholding Structure of Mahavir Steel Industries?

In 2024, Mahavir Steel Industries had a promoter holding of 82.59% and a public holding of 17.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53.10 Cr

Satisfied Charges

₹4.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 53.10 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2023Hdfc Bank Limited₹36.10 CrOpen
17 Feb 2023Hdfc Bank Limited₹17.00 CrOpen
13 Sep 1993State Bank Of India₹2.20 CrSatisfied
13 Sep 1993State Bank Of India₹2.20 CrSatisfied

How Many Employees Work at Mahavir Steel Industries?

Mahavir Steel Industries has a workforce of 143 employees as of Feb 22, 2025. 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 Mahavir Steel Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahavir 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 Mahavir Steel Industries'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 Mahavir Steel Industries

Recent activity within the organization

  • Annual General Meeting

    Mahavir Steel Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mahavir Steel Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 36.10 Cr registered on 02 May 2023 with Charge ID 100747628 was modified on 20 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 36.10 Cr with Charge ID 100747628 was registered on 02 May 2023.

  • Director Appointment

    Rachna Raniwala Dhavale was appointed as a Director was appointed as a Director on 28 Mar 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100689335 was registered on 17 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Mahavir Steel Industries Ltd?

    Mahavir Steel Industries Ltd was incorporated on 08 Aug 1979.

  • What is authorized share capital and paid-up capital of Mahavir Steel Industries Ltd?

    The authorized share capital of Mahavir Steel Industries Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 7.31 Cr.

  • Who are the current board members & directors of Mahavir Steel Industries Ltd?

    Currently 4 directors are associated with Mahavir Steel Industries Ltd.

    • Alok Raniwala
    • Atul Kumar Raniwala
    • Rachna Raniwala Dhavale
    • Amit Devendra Raniwala

  • What is the registered address of Mahavir Steel Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahavir Steel Industries Ltd is Plot No E-4 Bhosari Midcindustrial Area India, Pune, Maharashtra, 411026.

  • What is the corporate identification number (CIN) and company number of Mahavir Steel Industries Ltd?

    The corporate identification number (CIN) of Mahavir Steel Industries Ltd is U27104MH1979PLC021539 and the company number is 021539 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahavir Steel Industries Ltd?

    The Official website of Mahavir Steel Industries Ltd is https://www.mahavirsteel.com

  • What has been the recent revenue trend for Mahavir Steel Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahavir Steel Industries Ltd has fallen by -20.27%.

  • How many employees does Mahavir Steel Industries Ltd currently have?

    As Per 2023 financial reports, 143 employees are currently employed by Mahavir Steel Industries Ltd.

  • What change has been observed in the net worth of Mahavir Steel Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahavir Steel Industries Ltd has experienced an upsurge of 0.71%.

  • What are the total open charges for Mahavir Steel Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahavir Steel Industries Ltd amount to ₹ 53.10 Cr.

  • When was the last Balance Sheet of Mahavir Steel Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Mahavir Steel Industries Ltd was filed with the ROC on 31 Mar 2024.

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