Mangal Sponge And Steel Private Limited

Manufactures sponge iron, billets, and operates a captive power plant.

1997 | Bilaspur, Chattisgarh (India) | Active
Last Updated:

Mangal Sponge And Steel Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.31 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 27.75 Cr
  • Revenue Growth 7.44%
  • Profit Growth 28.97%
  • Ebitda 0.42%
  • Net Worth 11.80%
  • Total Assets -3.10%

About Mangal Sponge And Steel

Mangal Sponge And Steel Private Limited (MSASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 1997 and has a history of 27 years and eight months. Its registered office is in Bilaspur, 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 3.50 Cr and a paid-up capital of Rs 3.31 Cr.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹27.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Piyush Agrawal, Manoj Agrawal, Mool Agrawal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bilaspur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15143CT1997PTC012218

  • Company No.

    012218

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1997

  • 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 Mangal Sponge And Steel Private Limited offer?

Mangal Sponge And Steel Private Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Power Plants & Spare Parts.

Company report

Mangal Sponge And Steel Private Limited

Explore comprehensive data for Mangal Sponge And Steel Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mangal Sponge And Steel?

Executive Team (1)

NameDesignationAppointment DateStatus
Mool Agrawal Country flag representing In Managing Director05-Dec-2002Current

Board Members (6)

NameDesignationAppointment DateStatus
Piyush Agrawal Country flag representing In Additional Director 12-May-2023Current
Manoj Agrawal Country flag representing In Director 12-Aug-1997Current
Ashish Agrawal Country flag representing In Director 14-Sep-2004Current
Suresh Agrawal Country flag representing In Director 05-Dec-2002Current
Vinit Agrawal Country flag representing In Additional Director 20-Aug-2021Current
Aditya Agrawal Country flag representing In Additional Director 20-Feb-2021Current

Financial Performance of Mangal Sponge And Steel.

Mangal Sponge And Steel Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.44% increase. The company also saw a substantial improvement in profitability, with a 28.97% increase in profit. The company's net worth Soared by an impressive increase of 11.8%.

Mangal Sponge And Steel revenue growth over time
Mangal Sponge And Steel 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
7.44%
Revenue from Operations
7.56%
Total Assets
-3.10%
Profit or Loss
28.97%
Net Worth
11.80%
EBITDA
0.42%

What is the Ownership and Shareholding Structure of Mangal Sponge And Steel?

In 2023, Mangal Sponge And Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹27.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2017Others₹24.00 CrOpen
25 Mar 2005Others₹26.00 CrOpen
20 Dec 2021Others₹4.18 CrSatisfied
17 Dec 2020Others₹8.37 CrSatisfied
29 May 2020Others₹2.50 CrSatisfied

How Many Employees Work at Mangal Sponge And Steel?

Mangal Sponge And Steel has a workforce of 143 employees as of Apr 07, 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 Mangal Sponge And Steel Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangal Sponge And Steel, 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 Mangal Sponge And Steel'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 Mangal Sponge And Steel

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mangal Sponge And Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Director Appointment

    Piyush Agrawal was appointed as a Additional Director was appointed as a Additional Director on 12 May 2023 & has been associated with this company since 2 years .

  • Charges

    A charge registered on 20 Dec 2021 via Charge ID 100521003 with Others was fully satisfied on 03 Jun 2022.

  • Charges

    A charge registered on 17 Dec 2020 via Charge ID 100407601 with Others was fully satisfied on 03 Jun 2022.

  • Charges

    A charge registered on 29 May 2020 via Charge ID 100339878 with Others was fully satisfied on 03 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Mangal Sponge And Steel Private Limited?

    Mangal Sponge And Steel Private Limited was incorporated on 12 Aug 1997.

  • What is authorized share capital and paid-up capital of Mangal Sponge And Steel Private Limited?

    The authorized share capital of Mangal Sponge And Steel Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.31 Cr.

  • Who are the current board members & directors of Mangal Sponge And Steel Private Limited?

    Currently 7 directors are associated with Mangal Sponge And Steel Private Limited.

    • Piyush Agrawal
    • Manoj Kumar Agrawal
    • Mool Chand Agrawal
    • Ashish Kumar Agrawal
    • Suresh Kumar Agrawal
    • Vinit Kumar Agrawal
    • Aditya Agrawal
  • What is the registered address of Mangal Sponge And Steel Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Sponge And Steel Private Limited is Post Bilha Dist- India, Bilaspur, Chattisgarh, 495224.

  • What is the corporate identification number (CIN) and company number of Mangal Sponge And Steel Private Limited?

    The corporate identification number (CIN) of Mangal Sponge And Steel Private Limited is U15143CT1997PTC012218 and the company number is 012218 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mangal Sponge And Steel Private Limited?

    The Official website of Mangal Sponge And Steel Private Limited is https://www.msspl.org

  • What has been the recent revenue trend for Mangal Sponge And Steel Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mangal Sponge And Steel Private Limited has risen by 7.44%.

  • How many employees does Mangal Sponge And Steel Private Limited currently have?

    As Per 2023 financial reports, 143 employees are currently employed by Mangal Sponge And Steel Private Limited.

  • What change has been observed in the net worth of Mangal Sponge And Steel Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Sponge And Steel Private Limited has experienced an upsurge of 11.80%.

  • What are the total open charges for Mangal Sponge And Steel Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mangal Sponge And Steel Private Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Mangal Sponge And Steel Private Limited filed with the ROC?

    The most recent Balance Sheet for Mangal Sponge And Steel Private Limited was filed with the ROC on 31 Mar 2024.

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