Maithan Steel And Power Limited

Manufacturer of sponge iron, billet, and TMT bars in West Bengal.

2001 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Maithan Steel And Power Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.60 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 524.40 Cr
  • Satisfied Charges ₹ 107.35 Cr
  • Revenue Growth 52.20%
  • Profit Growth -59.38%
  • Ebitda 10.78%
  • Net Worth 9.23%
  • Total Assets 23.23%

About Maithan Steel And Power

Maithan Steel And Power Limited (MSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 2001 and has a history of 23 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Purvanchal Sponge Iron Limited. 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 20.00 Cr and a paid-up capital of Rs 19.60 Cr.

The company currently has active open charges totaling ₹524.40 Cr. The company has closed loans amounting to ₹107.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maithan Steel And Power Limited India are Arjun Yadav as COMPANY SECRETARY and Kaushal Agarwalla as Cfo. Madhur Agarwalla, Pavan Gaddhyan, Sarita Kumari, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102WB2001PLC093321

  • Company No.

    093321

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Maithan Steel And Power?

Executive Team (2)

Name Designation Appointment Date Status
Arjun Yadav Country flag representing In Company Secretary 02-Mar-2020 Current
Kaushal Agarwalla Country flag representing In CFO 01-Apr-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Madhur Agarwalla Country flag representing In Director 17-Feb-2017 Current
Pavan Gaddhyan Country flag representing In Director 24-Mar-2017 Current
Sarita Kumari Country flag representing In Director 30-Jun-2020 Current
Mritunjoy Chandra Country flag representing In Director 02-Jun-2018 Current

Financial Performance of Maithan Steel And Power.

Maithan Steel And Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.2% increase. The company also saw a substantial fall in profitability, with a 59.38% decrease in profit. The company's net worth moved up by a moderate rise of 9.23%.

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
52.20%
Revenue from Operations
52.39%
Total Assets
23.23%
Profit or Loss
-59.38%
Net Worth
9.23%
EBITDA
10.78%

What is the Ownership and Shareholding Structure of Maithan Steel And Power?

In 2023, Maithan Steel And Power had a promoter holding of 50.20% and a public holding of 49.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹524.40 Cr

Satisfied Charges

₹107.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 524.40 Cr

Latest Charge Details

Date Lender Amount Status
29 Nov 2022 Others ₹220.00 Cr Open
24 Mar 2009 Others ₹304.40 Cr Open
29 Jun 2018 Hdfc Bank Limited ₹25.00 Cr Satisfied
18 Mar 2016 Idbi Bank Limited ₹13.00 Cr Satisfied
27 May 2009 Others ₹39.40 Cr Satisfied

How Many Employees Work at Maithan Steel And Power?

Unlock and access historical data on people associated with Maithan Steel And Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maithan Steel And Power, 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 Steel And Power'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 Maithan Steel And Power

Recent activity within the organization

  • Annual General Meeting

    Maithan Steel And Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 304.40 Cr registered on 24 Mar 2009 with Charge ID 10157299 was modified on 29 May 2024.

    29 May 2024

  • Balance Sheet

    Maithan Steel And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 29 Jun 2018 via Charge ID 100205930 with Hdfc Bank Limited was fully satisfied on 11 Aug 2023.

    11 Aug 2023

  • Charges

    A charge registered on 27 May 2009 via Charge ID 10162935 with Others was fully satisfied on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 220.00 Cr with Charge ID 100652781 was registered on 29 Nov 2022.

    29 Nov 2022

Frequently asked questions

  • Maithan Steel And Power Limited was incorporated on 19 Jun 2001.

  • The authorized share capital of Maithan Steel And Power Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.60 Cr.

  • Currently 7 directors are associated with Maithan Steel And Power Limited.

    • Madhur Agarwalla
    • Pavan Kumar Gaddhyan
    • Arjun Prasad Yadav
    • Kaushal Agarwalla
    • Sarita Kumari
    • Mritunjoy Chandra
    • Kaushal Agarwalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maithan Steel And Power Limited is 9, A J C Bose Road 6Th Floor India, Kolkata, West Bengal, 700017.

  • The corporate identification number (CIN) of Maithan Steel And Power Limited is U27102WB2001PLC093321 and the company number is 093321 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maithan Steel And Power Limited is https://www.maithansteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maithan Steel And Power Limited has risen by 52.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maithan Steel And Power Limited has experienced an upsurge of 9.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maithan Steel And Power Limited amount to ₹ 524.40 Cr.

  • The most recent Balance Sheet for Maithan Steel And Power Limited was filed with the ROC on 31 Mar 2024.

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