Mahendra Strips Private Limited

Manufactures rerolled steel products like angles and channels since 1996 in Chhattisgarh.

1996 | Raipur, Chattisgarh (India) | Active
Last Updated:

Mahendra Strips Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.13 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 980.10 Cr
  • Satisfied Charges ₹ 15.64 Cr
  • Revenue Growth 76.37%
  • Profit Growth 31.44%
  • Ebitda 4893.75%
  • Net Worth 55.83%
  • Total Assets 163.32%

About Mahendra Strips

Mahendra Strips Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1996 and has a history of 28 years and 11 months. Its registered office is in Raipur, Chattisgarh, India.

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 5.00 Cr and a paid-up capital of Rs 2.13 Cr.

The company currently has active open charges totaling ₹980.10 Cr. The company has closed loans amounting to ₹15.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Agrawal, Bhyri Shrinivas, and Pratik Raja serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27601CT1996PTC010682

  • Company No.

    010682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Mahendra Strips Private Limited offer?

Mahendra Strips Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Mild Steel Bars, Brackets, Holder & Hardware Fittings, Metal Angles, Steel & Stainless Steel Products, Steel Products, Minerals and Ores, Iron Ore.

Who are the key members and board of directors at Mahendra Strips?

Board Members (3)

NameDesignationAppointment DateStatus
Mahendra Agrawal Country flag representing In Director 13-Nov-2019Current
Bhyri Shrinivas Country flag representing In Director 15-Jun-2024Current
Pratik Raja Country flag representing In Director 30-Mar-2023Current

Financial Performance of Mahendra Strips.

Mahendra Strips Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 76.37% increase. The company also saw a substantial improvement in profitability, with a 31.44% increase in profit. The company's net worth Soared by an impressive increase of 55.83%.

Mahendra Strips revenue growth over time
Mahendra Strips 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
76.37%
Revenue from Operations
74.49%
Total Assets
163.32%
Profit or Loss
31.44%
Net Worth
55.83%
EBITDA
4893.75%

What is the Ownership and Shareholding Structure of Mahendra Strips?

In 2021, Mahendra Strips had a promoter holding of 100.00%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹980.10 Cr

Satisfied Charges

₹15.64 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 425.00 Cr
  • Others : 278.10 Cr
  • Yes Bank Limited : 145.00 Cr
  • Axis Bank Limited : 87.00 Cr
  • State Bank Of India : 45.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2024Hdfc Bank Limited₹100.00 CrOpen
06 Feb 2024Yes Bank Limited₹45.00 CrOpen
27 Sep 2023Others₹35.10 CrOpen
17 Jun 2023Others₹75.00 CrOpen
27 Mar 2023Others₹78.00 CrOpen

How Many Employees Work at Mahendra Strips?

Mahendra Strips has a workforce of 45 employees as of Apr 08, 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.

Employee growth trends for Mahendra Strips Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahendra Strips, 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 Mahendra Strips'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 Mahendra Strips

Recent activity within the organization

  • Annual General Meeting

    Mahendra Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100959440 was registered on 19 Jul 2024.

  • Director Appointment

    Bhyri Shrinivas was appointed as a Director was appointed as a Director on 15 Jun 2024 & has been associated with this company since 9 months 13 days .

  • Balance Sheet

    Mahendra Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100860954 was registered on 06 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 275.00 Cr registered on 26 Dec 2019 with Charge ID 100316643 was modified on 17 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mahendra Strips Private Limited?

    Mahendra Strips Private Limited was incorporated on 02 Apr 1996.

  • What is authorized share capital and paid-up capital of Mahendra Strips Private Limited?

    The authorized share capital of Mahendra Strips Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.13 Cr.

  • Who are the current board members & directors of Mahendra Strips Private Limited?

    Currently 3 directors are associated with Mahendra Strips Private Limited.

    • Mahendra Kumar Agrawal
    • Bhyri Shrinivas
    • Pratik Kumar Raja

  • What is the registered address of Mahendra Strips Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahendra Strips Private Limited is Sf-2A A Block 2Nd Floor Maruti Business Park Near Rajkumar College, G.E. Road India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of Mahendra Strips Private Limited?

    The corporate identification number (CIN) of Mahendra Strips Private Limited is U27601CT1996PTC010682 and the company number is 010682 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahendra Strips Private Limited?

    The Official website of Mahendra Strips Private Limited is https://www.mahendragroup.net

  • What has been the recent revenue trend for Mahendra Strips Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Mahendra Strips Private Limited has risen by 76.37%.

  • How many employees does Mahendra Strips Private Limited currently have?

    As Per 2021 financial reports, 45 employees are currently employed by Mahendra Strips Private Limited.

  • What change has been observed in the net worth of Mahendra Strips Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Mahendra Strips Private Limited has experienced an upsurge of 55.83%.

  • What are the total open charges for Mahendra Strips Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Mahendra Strips Private Limited amount to ₹ 980.10 Cr.

  • When was the last Balance Sheet of Mahendra Strips Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahendra Strips Private Limited was filed with the ROC on 31 Mar 2024.

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