Matangi Steels Private Limited

Manufacturer of steel products and alloys, including wire drawings, furnaces, and rolling mills.

2003 | Bardhaman, West Bengal (India) | Active
Last Updated: January 08, 2025

Matangi Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.94 M
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.05 Cr
  • Revenue Growth -71.75%
  • Profit Growth 30.77%
  • Ebitda 53.90%
  • Net Worth -34.70%
  • Total Assets -11.63%

About Matangi Steels

Matangi Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 July 2003 and has a history of 21 years and six months. Its registered office is in Bardhaman, West Bengal, India.

The Corporate was formerly known as Swg Steels Private 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 1.00 Cr and a paid-up capital of Rs 3.94 M.

The company currently has active open charges totaling ₹9.05 Cr.

Dilip Chawla and Amarjeet Chawla serve as directors at the Company.

Company Details

  • Location

    Bardhaman, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991WB2003PTC096576

  • Company No.

    096576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2003

  • 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 Matangi Steels?

Board Members (2)

Name Designation Appointment Date Status
Dilip Chawla Country flag representing In Director 01-Jul-2015 Current
Amarjeet Chawla Country flag representing In Director 01-Jul-2015 Current

Financial Performance of Matangi Steels.

Matangi Steels Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 71.75% decrease. The company also saw a substantial improvement in profitability, with a 30.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.7%.

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
-71.75%
Revenue from Operations
-78.04%
Total Assets
-11.63%
Profit or Loss
30.77%
Net Worth
-34.70%
EBITDA
53.90%

What is the Ownership and Shareholding Structure of Matangi Steels?

In 2020, Matangi Steels had a promoter holding of 4.45% and a public holding of 95.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.05 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 9.05 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2010 Oriental Bank Of Commerce ₹9.05 Cr Open

How Many Employees Work at Matangi Steels?

Matangi Steels has a workforce of 1 employees as of Apr 06, 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 Matangi 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 Matangi 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 Matangi Steels

Recent activity within the organization

  • Annual General Meeting

    Matangi Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Dilip Chawla was appointed as a Director was appointed as a Director on 01 Jul 2015 & has been associated with this company since 9 years 7 months .

    01 Jul 2015

  • Director Appointment

    Amarjeet Chawla was appointed as a Director was appointed as a Director on 01 Jul 2015 & has been associated with this company since 9 years 7 months .

    01 Jul 2015

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 9.05 Cr registered on 25 Oct 2010 with Charge ID 10254045 was modified on 13 Oct 2012.

    13 Oct 2012

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 9.05 Cr with Charge ID 10254045 was registered on 25 Oct 2010.

    25 Oct 2010

Frequently asked questions

  • Matangi Steels Private Limited was incorporated on 15 Jul 2003.

  • The authorized share capital of Matangi Steels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.94 M.

  • Currently 2 directors are associated with Matangi Steels Private Limited.

    • Dilip Chawla
    • Amarjeet Chawla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Matangi Steels Private Limited is Raturia Angadpur Industrial Area India, Durgapur, West Bengal, 713215.

  • The corporate identification number (CIN) of Matangi Steels Private Limited is U28991WB2003PTC096576 and the company number is 096576 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Matangi Steels Private Limited has fallen by -71.75%.

  • As Per 2020 financial reports, 1 employees are currently employed by Matangi Steels Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Matangi Steels Private Limited has experienced an downturn of -34.70%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Matangi Steels Private Limited amount to ₹ 9.05 Cr.

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

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