Mangal Steel Enterprises Ltd

Manufacturer of iron and steel products, exporting to USA, listed on Calcutta Stock Exchange.

1981 | Howrah, West Bengal (India) | Active
Last Updated: July 03, 2024

Mangal Steel Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.95 M
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.37 Cr
  • Satisfied Charges ₹ 65.42 Cr
  • Revenue Growth 5.40%
  • Profit Growth 8.15%
  • Ebitda 7.46%
  • Net Worth 25.00%
  • Total Assets 20.50%

About Mangal Steel Enterprises

Mangal Steel Enterprises Ltd (MSEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 August 1981 and has a history of 43 years and six months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Agriculture 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 5.00 M and a paid-up capital of Rs 4.95 M.

The company currently has active open charges totaling ₹4.37 Cr. The company has closed loans amounting to ₹65.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mangal Steel Enterprises Ltd India are Sarita Shaw as Company Secretary, Ramesh Sharma as Cfo, and Adarsh Garodia as Ceo. Sushil Jalan, Anil Singhania, Adarsh Garodia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steelmangal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109WB1981PLC033969

  • Company No.

    033969

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1981

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Machinery and Equipment
Metals and Minerals

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sarita Shaw Country flag representing In Company Secretary14-Aug-2019Current
Ramesh Sharma Country flag representing In CFO26-Mar-2015Current
Adarsh Garodia CEO03-Jun-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Sushil Jalan Country flag representing In Director 30-May-2019Current
Anil Singhania Country flag representing In Director 30-Jul-2022Current
Usha Garodia Country flag representing In Whole-Time Director 21-Dec-1988Current
Dip Agarwal Country flag representing In Director 30-Sep-2015Current

Financial Performance of Mangal Steel Enterprises.

Mangal Steel Enterprises Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 5.4% increase. The company also saw a slight improvement in profitability, with a 8.15% increase in profit. The company's net worth Soared by an impressive increase of 25%.

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
5.40%
Revenue from Operations
0.96%
Total Assets
20.50%
Profit or Loss
8.15%
Net Worth
25.00%
EBITDA
7.46%

What is the Ownership and Shareholding Structure of Mangal Steel Enterprises?

In 2023, Mangal Steel Enterprises had a promoter holding of 83.22% and a public holding of 16.78%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.70 M

Satisfied Charges

₹654.20 M

Charges Breakdown by Lending Institutions

  • Bank Of Madura Ltd : 4.37 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 1988Bank Of Madura Ltd₹0.20 MOpen
15 May 1987Bank Of Madura Ltd₹1.00 CrOpen
15 May 1987Bank Of Madura Ltd₹1.00 CrOpen
03 Oct 1986Bank Of Madura Ltd₹7.00 MOpen
06 Nov 1984Bank Of Madura Ltd₹7.50 MOpen

How Many Employees Work at Mangal Steel Enterprises?

Mangal Steel Enterprises has a workforce of 199 employees as of Mar 30, 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 Mangal Steel Enterprises, 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 Steel Enterprises'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 Steel Enterprises

Recent activity within the organization

  • Annual General Meeting

    Mangal Steel Enterprises Ltd last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Charges

    A charge registered on 08 Mar 2021 via Charge ID 100430802 with Axis Bank Limited was fully satisfied on 26 Apr 2023.

    26 Apr 2023

  • Balance Sheet

    Mangal Steel Enterprises Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 170.00 M registered on 08 Mar 2021 with Charge ID 100430802 was modified on 09 Mar 2021.

    09 Mar 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 170.00 M with Charge ID 100430802 was registered on 08 Mar 2021.

    08 Mar 2021

  • Charges

    A charge registered on 10 Sep 2002 via Charge ID 90245903 with State Bank Of India was fully satisfied on 03 Dec 2020.

    03 Dec 2020

Frequently asked questions

  • Mangal Steel Enterprises Ltd was incorporated on 11 Aug 1981.

  • The authorized share capital of Mangal Steel Enterprises Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.95 M.

  • Currently 8 directors are associated with Mangal Steel Enterprises Ltd.

    • Sarita Shaw
    • Ramesh Kumar Sharma
    • Adarsh Garodia
    • Sushil Kumar Jalan
    • Anil Kishor Singhania
    • Adarsh Garodia
    • Usha Garodia
    • Dip Chand Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Steel Enterprises Ltd is 248 G.T. Road, (N) Salkia Howrah, West Bengal, India, 711106.

  • The corporate identification number (CIN) of Mangal Steel Enterprises Ltd is L27109WB1981PLC033969 and the company number is 033969 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mangal Steel Enterprises Ltd is https://www.steelmangal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mangal Steel Enterprises Ltd has risen by 5.40%.

  • As Per 2023 financial reports, 199 employees are currently employed by Mangal Steel Enterprises Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Steel Enterprises Ltd has experienced an upsurge of 25.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mangal Steel Enterprises Ltd amount to ₹ 4.37 Cr.

  • The most recent Balance Sheet for Mangal Steel Enterprises Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing