

Maithan Alloys Profile
Key Indicators
- Authorised Capital ₹ 167.69 Cr
- Paid Up Capital ₹ 29.11 Cr
- Company Age 39 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,667.10 Cr
- Satisfied Charges ₹ 1,482.84 Cr
- Revenue Growth 88.16%
- Profit Growth 246.60%
- Ebitda 255.83%
- Net Worth 51.67%
- Total Assets 42.85%
About Maithan Alloys
Maithan Alloys Ltd. (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 1985 and has a history of 39 years and seven months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590078 and on the National Stock Exchange(NSE) under MAITHANALL.
The Corporate was formerly known as Maithan Steel And Casting Limited. The Company is engaged in the Environment 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 167.69 Cr and a paid-up capital of Rs 29.11 Cr.
The company currently has active open charges totaling ₹1,667.10 Cr. The company has closed loans amounting to ₹1,482.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maithan Alloys Ltd. India are Subodh Agarwalla as Ceo, Sudhanshu Agarwalla as Cfo, and Rajesh Shah as Company Secretary. Vivek Kaul, Subhas Agarwalla, Naresh Jain, and Five other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27101WB1985PLC039503
- Company No.
039503
- Stock Symbol
BSE : 590078 NSE : MAITHANALL
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 1985
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
What products or services does Maithan Alloys Ltd. offer?
Maithan Alloys Ltd. offers a wide range of products and services, including Silico Manganese.
Who are the key members and board of directors at Maithan Alloys?
Executive Team (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Subhas Agarwalla ![]() | Managing Director | 15-Apr-1992 | Current |
Subodh Agarwalla ![]() | CEO | 01-Jul-2006 | Current |
Sudhanshu Agarwalla ![]() | CFO | 10-Nov-2016 | Current |
Rajesh Shah ![]() | Company Secretary | 01-Aug-2008 | Current |
Board Members (7)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vivek Kaul ![]() | Director | 20-Aug-2019 | Current |
Naresh Jain ![]() | Director | 10-Feb-2024 | Current |
Subodh Agarwalla ![]() | Whole-Time Director and Ceo | 01-Jul-2006 | Current |
Palghat Venkatramani ![]() | Director | 29-Jun-2012 | Current |
Aayush Khetawat ![]() | Director | 14-Aug-2024 | Current |
Srinivas Peddi ![]() | Director | 24-Jun-2021 | Current |
Financial Performance of Maithan Alloys.
Maithan Alloys Ltd., for the financial year ended 2022, experienced significant growth in revenue, with a 88.16% increase. The company also saw a substantial improvement in profitability, with a 246.6% increase in profit. The company's net worth Soared by an impressive increase of 51.67%.


- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Maithan Alloys?
In 2024, Maithan Alloys had a promoter holding of 74.99% and a public holding of 25.02%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- The Bengal Chamber Of Commerce And Industry
Subhas Agarwalla is a mutual person
- Ambuja Neotia Healthcare Venture Limited
Naresh Jain is a mutual person
- Impex Metal & Ferro Alloys Ltd
Subhas Agarwalla, Subodh Agarwalla and 3 more are mutual person
- Captain Steel India Limited
Palghat Venkatramani is a mutual person
- Ramagiri Renewable Energy Limited
Subodh Agarwalla, Palghat Venkatramani and 2 more are mutual person
- Maithan Ferrous Private Limited
Subhas Agarwalla, Subodh Agarwalla and 3 more are mutual person
Charges (Loans)
₹1,667.10 Cr
₹1,482.84 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 1111.40 Cr
- Axis Bank Limited : 555.70 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
02 Feb 2009 | State Bank Of India | ₹555.70 Cr | Open |
02 Feb 2009 | State Bank Of India | ₹555.70 Cr | Open |
07 Sep 2007 | Axis Bank Limited | ₹555.70 Cr | Open |
04 Jul 2018 | Hdfc Bank Limited | ₹75.00 Cr | Satisfied |
21 Jun 2017 | Citi Bank N.A. | ₹75.56 Cr | Satisfied |
How Many Employees Work at Maithan Alloys?
Maithan Alloys has a workforce of 944 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Maithan Alloys, 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 Maithan Alloys'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.
Latest Updates, News, and FAQs on Maithan Alloys
Recent activity within the organization
- Annual General Meeting
Maithan Alloys Ltd. last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Aayush Khetawat was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 8 months 20 days .
- Balance Sheet
Maithan Alloys Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Naresh Kumar Jain was appointed as a Director was appointed as a Director on 10 Feb 2024 & has been associated with this company since 1 year 2 months .
- Director Appointment
Sonal Choubey was appointed as a Director was appointed as a Director on 10 Feb 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge registered on 25 Nov 2011 via Charge ID 10325779 with Others was fully satisfied on 21 Feb 2023.
Recent News, Updates & Announcement
- Maithan Alloys: Weathering Market Volatility, Expanding in West Bengal and Dominating India's Steel Industry with 15-17% EBITDA Margins.
Maithan Alloys' net profit down by 8.8% in FY19, but manufacturing revenue up by 3%. CEO says we're doing well despite market volatility and aim to maintain 15-17% EBITDA margins. India now 2nd largest steel producer, boosting demand for ferro alloys. We're expanding in West Bengal and ready to grow faster than the industry." #MaithanAlloys #ProfitDownButStillWinning #IndiaSteelGang #FerroAlloysExpansion #ReadyToDominate.
Frequently asked questions
What is the Incorporation or founding date of Maithan Alloys Ltd.?
Maithan Alloys Ltd. was incorporated on 19 Sep 1985.
What is authorized share capital and paid-up capital of Maithan Alloys Ltd.?
The authorized share capital of Maithan Alloys Ltd. is ₹ 167.69 Cr and paid-up capital is ₹ 29.11 Cr.
Who are the current board members & directors of Maithan Alloys Ltd.?
Currently 11 directors are associated with Maithan Alloys Ltd..
- Vivek Kaul
- Subhas Chandra Agarwalla
- Naresh Kumar Jain
- Subodh Agarwalla
- Palghat Krishnan Venkatramani
- Aayush Khetawat
- Srinivas Peddi
- Sonal Choubey
- Subodh Agarwalla
- Sudhanshu Agarwalla
- Rajesh K Shah
What is the registered address of Maithan Alloys Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Maithan Alloys Ltd. is 4Th Floor 9, A J C Bose Road India, Kolkata, West Bengal, 700017.
What is the corporate identification number (CIN) and company number of Maithan Alloys Ltd.?
The corporate identification number (CIN) of Maithan Alloys Ltd. is L27101WB1985PLC039503 and the company number is 039503 as per Ministry of Corporate Affairs (MCA).
Is Maithan Alloys Ltd. registered with any stock exchange in India?
Yes, Maithan Alloys Ltd. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAITHANALL.
What is the official website of Maithan Alloys Ltd.?
The Official website of Maithan Alloys Ltd. is https://www.maithanalloys.com
What has been the recent revenue trend for Maithan Alloys Ltd.?
According to the financial reports for the fiscal year 2022, the revenue trend for Maithan Alloys Ltd. has risen by 88.16%.
How many employees does Maithan Alloys Ltd. currently have?
As Per 2022 financial reports, 944 employees are currently employed by Maithan Alloys Ltd..
What change has been observed in the net worth of Maithan Alloys Ltd., and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Maithan Alloys Ltd. has experienced an upsurge of 51.67%.
What are the total open charges for Maithan Alloys Ltd.?
As per the financial statements for fiscal Year 2022, The total open charges for Maithan Alloys Ltd. amount to ₹ 1,667.10 Cr.
When was the last Balance Sheet of Maithan Alloys Ltd. filed with the ROC?
The most recent Balance Sheet for Maithan Alloys Ltd. was filed with the ROC on 31 Mar 2024.
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