Manaksia Steels Limited

Manufacturer of steel products including galvanized, cold rolled, and color coated coils and sheets.

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

Manaksia Steels Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.55 Cr
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 430.00 Cr
  • Satisfied Charges ₹ 277.35 Cr
  • Revenue Growth 26.52%
  • Profit Growth -57.21%
  • Ebitda -56.01%
  • Net Worth 9.48%
  • Total Assets 23.17%

About Manaksia Steels

Manaksia Steels Limited (MSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 2001 and has a history of 23 years and eight months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539044 and on the National Stock Exchange(NSE) under MANAKSTEEL.

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 7.50 Cr and a paid-up capital of Rs 6.55 Cr.

The company currently has active open charges totaling ₹430.00 Cr. The company has closed loans amounting to ₹277.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Manaksia Steels Limited India are Vineet Agrawal as Ceo, Rajesh Singhania as Cfo, and Ajay Sharma as Company Secretary. Varun Agrawal, Suresh Agrawal, Ramesh Maheshwari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    manaksiasteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27101WB2001PLC138341

  • Company No.

    138341

  • Stock Symbol

    BSE : 539044 NSE : MANAKSTEEL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2001

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Manaksia Steels Limited offer?

Manaksia Steels Limited offers a wide range of products and services, including Roofing and False ceiling, Metal Roofing Sheet, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Profile Sheets, Metal & Metal Made Products, Steel Sheets, Fresh, Dried & Preserved Fruits, Fresh Fruits, Mosquito & Insect Repellent.

Who are the key members and board of directors at Manaksia Steels?

Executive Team (4)

NameDesignationAppointment DateStatus
Varun Agrawal Country flag representing In Managing Director17-Nov-2014Current
Vineet Agrawal Country flag representing In CEO21-Jul-2016Current
Rajesh Singhania Country flag representing In CFO23-Nov-2014Current
Ajay Sharma Country flag representing In Company Secretary23-Nov-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Nidhi Baheti Country flag representing In Director 16-Jun-2021Current
Mrinal Pal Country flag representing In Director 27-Dec-2012Current
Suresh Agrawal Country flag representing In Director 27-Dec-2012Current
Ramesh Maheshwari Country flag representing In Director 16-Jul-2019Current
Biswanath Bhattacharjee Country flag representing In Director 03-Aug-2024Current

Financial Performance of Manaksia Steels.

Manaksia Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.52% increase. The company also saw a substantial fall in profitability, with a 57.21% decrease in profit. The company's net worth moved up by a moderate rise of 9.48%.

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
26.52%
Revenue from Operations
27.15%
Total Assets
23.17%
Profit or Loss
-57.21%
Net Worth
9.48%
EBITDA
-56.01%

What is the Ownership and Shareholding Structure of Manaksia Steels?

In 2023, Manaksia Steels had a promoter holding of 74.75% and a public holding of 25.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹430.00 Cr

Satisfied Charges

₹277.35 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 185.00 Cr
  • Axis Bank Limited : 100.00 Cr
  • Others : 50.00 Cr
  • Yes Bank Limited : 50.00 Cr
  • Idbi Bank Limited : 35.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2023Yes Bank Limited₹50.00 CrOpen
30 Mar 2021Standard Chartered Bank₹10.00 CrOpen
30 Dec 2020Hdfc Bank Limited₹75.00 CrOpen
23 Dec 2020Hdfc Bank Limited₹110.00 CrOpen
04 Apr 2019Others₹50.00 CrOpen

How Many Employees Work at Manaksia Steels?

Manaksia Steels has a workforce of 172 employees as of Mar 28, 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 Manaksia Steels, 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 Manaksia Steels'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 Manaksia Steels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 04 Apr 2019 with Charge ID 100256330 was modified on 23 Oct 2024.

    23 Oct 2024

  • Annual General Meeting

    Manaksia Steels Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 100.00 Cr registered on 25 Jan 2019 with Charge ID 100239227 was modified on 05 Sep 2024.

    05 Sep 2024

  • Director Appointment

    Biswanath Bhattacharjee was appointed as a Director was appointed as a Director on 03 Aug 2024 & has been associated with this company since 6 months 21 days .

    03 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 110.00 Cr registered on 23 Dec 2020 with Charge ID 100404602 was modified on 03 Jun 2024.

    03 Jun 2024

  • Balance Sheet

    Manaksia Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Manaksia Steels Limited was incorporated on 07 Jun 2001.

  • The authorized share capital of Manaksia Steels Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.55 Cr.

  • Currently 9 directors are associated with Manaksia Steels Limited.

    • Varun Agrawal
    • Suresh Kumar Agrawal
    • Ramesh Kumar Maheshwari
    • Biswanath Bhattacharjee
    • Mrinal Kanti Pal
    • Nidhi Baheti
    • Vineet Agrawal
    • Rajesh Singhania
    • Ajay Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manaksia Steels Limited is Turner Morrison Building, 6 Lyons Range 1St Floor India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Manaksia Steels Limited is L27101WB2001PLC138341 and the company number is 138341 as per Ministry of Corporate Affairs (MCA).

  • Yes, Manaksia Steels Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MANAKSTEEL.

  • The Official website of Manaksia Steels Limited is https://www.manaksiasteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Manaksia Steels Limited has risen by 26.52%.

  • As Per 2023 financial reports, 172 employees are currently employed by Manaksia Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Manaksia Steels Limited has experienced an upsurge of 9.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Manaksia Steels Limited amount to ₹ 430.00 Cr.

  • The most recent Balance Sheet for Manaksia Steels Limited was filed with the ROC on 31 Mar 2024.

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