Mahavir Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 7.31 Cr
- Company Age 45 Year, 6 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 six 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, Amit Raniwala, Atul Raniwala, 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.
Who are the key members and board of directors at Mahavir Steel Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alok Raniwala  | Managing Director | 01-Oct-1981 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Raniwala | Whole-Time Director | 29-Sep-2015 | Current |
| Atul Raniwala | Whole-Time Director | 01-Nov-1983 | Current |
| Rachna Dhavale | Director | 28-Mar-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sambra-Deniyo Mercantile Private LimitedAmit Raniwala is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2023 | Hdfc Bank Limited | ₹36.10 Cr | Open |
| 17 Feb 2023 | Hdfc Bank Limited | ₹17.00 Cr | Open |
| 13 Sep 1993 | State Bank Of India | ₹2.20 Cr | Satisfied |
| 13 Sep 1993 | State Bank Of India | ₹2.20 Cr | Satisfied |
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.
Deals i
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
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.
