Mahindra Steel Service Centre Limited

Steel processing for automotive and electrical industries, with facilities in Pune and Bhopal.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: July 01, 2024

Mahindra Steel Service Centre Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 16.54 Cr
  • Company Age 32 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 264.34 Cr
  • Satisfied Charges ₹ 42.00 Cr
  • Revenue Growth 21.43%
  • Profit Growth -8.21%
  • Ebitda 1.55%
  • Net Worth 9.98%
  • Total Assets 3.04%

About Mahindra Steel Service Centre

Mahindra Steel Service Centre Limited (MSSCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 January 1993 and has a history of 32 years. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 16.54 Cr.

The company currently has active open charges totaling ₹264.34 Cr. The company has closed loans amounting to ₹42.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Steel Service Centre Limited India are Jitendra Rahate as CFO and Romali Malvankar as Company Secretary. Rajeev Dubey, Anil Chopra, Sumit Issar, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1993PLC070416

  • Company No.

    070416

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1993

  • Date of AGM

    18 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Mahindra Steel Service Centre Limited offer?

Mahindra Steel Service Centre Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformer Parts, Transportation Services, Warehousing Services, Goods Warehousing Service, Buttons, Button Blanks, Automotive & Electrical Stampings, Logistics Service, Business Auditing & Valuation.

Who are the key members and board of directors at Mahindra Steel Service Centre?

Executive Team (3)

NameDesignationAppointment DateStatus
Sumit Issar Country flag representing In Managing Director31-Mar-2015Current
Jitendra Rahate Country flag representing In CFO23-Apr-2014Current
Romali Malvankar Company Secretary26-Apr-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajeev Dubey Country flag representing In Nominee Director 08-Nov-2006Current
Anil Chopra Country flag representing In Director 31-Mar-2023Current
Vijay Arora Country flag representing In Director 16-Dec-2015Current
Chandra Iyer Country flag representing In Director 31-Mar-2022Current
Nobuyuki Kawakita Country flag representing In Director 23-Apr-2021Current
Kenji Hatakeyama Additional Director 08-Feb-2024Current

Financial Performance of Mahindra Steel Service Centre.

Mahindra Steel Service Centre Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.43% increase. The company also saw a slight decrease in profitability, with a 8.21% decrease in profit. The company's net worth moved up by a moderate rise of 9.98%.

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
21.43%
Revenue from Operations
21.02%
Total Assets
3.04%
Profit or Loss
-8.21%
Net Worth
9.98%
EBITDA
1.55%

What is the Ownership and Shareholding Structure of Mahindra Steel Service Centre?

In 2023, Mahindra Steel Service Centre had a promoter holding of 61.00% and a public holding of 39.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹264.34 Cr

Satisfied Charges

₹42.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 112.00 Cr
  • Others : 80.00 Cr
  • Hdfc Bank Limited : 72.34 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2022Others₹80.00 CrOpen
30 Dec 2020Axis Bank Limited₹16.00 CrOpen
30 Oct 2019Hdfc Bank Limited₹22.34 CrOpen
07 Apr 2010Hdfc Bank Limited₹50.00 CrOpen
13 Aug 2009Axis Bank Limited₹96.00 CrOpen

How Many Employees Work at Mahindra Steel Service Centre?

Mahindra Steel Service Centre has a workforce of 172 employees as of Apr 09, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra Steel Service Centre, 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 Mahindra Steel Service Centre'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 Mahindra Steel Service Centre

Recent activity within the organization

  • Director Appointment

    Kenji Hatakeyama was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2024 & has been associated with this company since 11 months 23 days .

    08 Feb 2024

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 20 Jun 2022 with Charge ID 100591189 was modified on 02 Oct 2023.

    02 Oct 2023

  • Annual General Meeting

    Mahindra Steel Service Centre Limited last Annual general meeting of members was held on 18 Jul 2023 as per latest MCA records.

    18 Jul 2023

  • Balance Sheet

    Mahindra Steel Service Centre Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Anil Kumar Chopra was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 10 months .

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 80.00 Cr with Charge ID 100591189 was registered on 20 Jun 2022.

    20 Jun 2022

Recent News, Updates & Announcement

  • News icon
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    21 Mar 2024 Business Today

  • News icon
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    21 Mar 2024 Blogger

  • News icon
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    20 Mar 2024 OdishaDiary

  • News icon
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    14 Mar 2024 Thrust Zone

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Frequently asked questions

  • Mahindra Steel Service Centre Limited was incorporated on 15 Jan 1993.

  • The authorized share capital of Mahindra Steel Service Centre Limited is ₹ 17.00 Cr and paid-up capital is ₹ 16.54 Cr.

  • Currently 9 directors are associated with Mahindra Steel Service Centre Limited.

    • Rajeev Bidyanand Dubey
    • Anil Kumar Chopra
    • Sumit Issar
    • Vijay Harbanslal Arora
    • Chandra Lakshminarayan Iyer
    • Nobuyuki Kawakita
    • Kenji Hatakeyama
    • Jitendra Tukaram Rahate
    • Romali Mahesh Malvankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Steel Service Centre Limited is Mahindra Towers, P. K. Kurne Chowk Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Steel Service Centre Limited is U27100MH1993PLC070416 and the company number is 070416 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Steel Service Centre Limited is https://www.mahindraaccelo.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Steel Service Centre Limited has risen by 21.43%.

  • As Per 2023 financial reports, 172 employees are currently employed by Mahindra Steel Service Centre Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Steel Service Centre Limited has experienced an upsurge of 9.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Steel Service Centre Limited amount to ₹ 264.34 Cr.

  • The most recent Balance Sheet for Mahindra Steel Service Centre Limited was filed with the ROC on 31 Mar 2023.

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