Mahavir Steel Industries Ltd

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

1979 | Pune, Maharashtra (India) | Active
Last Updated: September 14, 2024

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

Executive Team (1)

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

Board Members (3)

NameDesignationAppointment DateStatus
Amit Raniwala Country flag representing In Whole-Time Director 14-Nov-1995Current
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%.

Graph illustrating revenue growth over time
Graph showing 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%

Related Corporates (Common Directorship)

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 144 employees as of Sep 14, 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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Mahavir Steel Industries

Recent activity within the organization

  • 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.

    20 Nov 2023

  • Annual General Meeting

    Mahavir Steel Industries Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

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

    02 May 2023

  • Balance Sheet

    Mahavir Steel Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 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 1 year 9 months .

    28 Mar 2023

  • Charges

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

    17 Feb 2023

Frequently asked questions

  • Mahavir Steel Industries Ltd was incorporated on 08 Aug 1979.

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

  • Currently 4 directors are associated with Mahavir Steel Industries Ltd.

    • Alok Raniwala
    • Amit Devendra Raniwala
    • Atul Kumar Raniwala
    • Rachna Raniwala Dhavale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahavir Steel Industries Ltd is Plot No E-4 Bhosari Midcindustrial Area, Pune, Maharashtra, India, 411026.

  • 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).

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

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

  • As Per 2023 financial reports, 144 employees are currently employed by Mahavir Steel Industries Ltd.

  • 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%.

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

  • The most recent Balance Sheet for Mahavir Steel Industries Ltd was filed with the ROC on 31 Mar 2023.

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