Mega Steels Private Limited

Produces ferrous and non-ferrous steel products.

1991 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Mega Steels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.97 M
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.00 Cr
  • Satisfied Charges ₹ 42.51 Cr
  • Revenue Growth -5.38%
  • Profit Growth -31.89%
  • Ebitda -1.97%
  • Net Worth 18.96%
  • Total Assets 10.43%

About Mega Steels

Mega Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 1991 and has a history of 33 years and eight months. Its registered office is in Ghaziabad, Uttar Pradesh.

The Corporate was formerly known as Hari Engineering Company 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 3.00 Cr and a paid-up capital of Rs 9.97 M.

The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹42.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Gupta, Balraj Aggarwal, and Pooja Gupta serve as directors at the Company.

Company Details

  • Location
    Ghaziabad, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00000UP1991PTC052386

  • Company No.

    052386

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1991

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Vinod Gupta Country flag representing In Director 01-Jul-2010 Current
Balraj Aggarwal Country flag representing In Director 21-Mar-2023 Current
Pooja Gupta Country flag representing In Director 01-Jul-2010 Current

Financial Performance of Mega Steels.

Mega Steels Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.38% decrease. The company also saw a substantial fall in profitability, with a 31.89% decrease in profit. The company's net worth Soared by an impressive increase of 18.96%.

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
-5.38%
Revenue from Operations
-5.34%
Total Assets
10.43%
Profit or Loss
-31.89%
Net Worth
18.96%
EBITDA
-1.97%

What is the Ownership and Shareholding Structure of Mega Steels?

In 2023, Mega Steels had a promoter holding of 24.87% and a public holding of 75.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 Cr

Satisfied Charges

₹42.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Dec 2019 Others ₹25.00 Cr Open
19 Feb 2021 Others ₹1.58 Cr Satisfied
29 Sep 2011 Oriental Bank Of Commerce ₹9.75 Cr Satisfied
28 Sep 2011 Oriental Bank Of Commerce ₹9.75 Cr Satisfied
05 Apr 2010 Bank Of India ₹4.98 Cr Satisfied

How Many Employees Work at Mega Steels?

Mega Steels has a workforce of 19 employees as of Apr 09, 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 Mega 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 Mega 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 Mega Steels

Recent activity within the organization

  • Annual General Meeting

    Mega Steels Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 19 Feb 2021 via Charge ID 100424932 with Others was fully satisfied on 22 Aug 2023.

    22 Aug 2023

  • Director Appointment

    Balraj Aggarwal was appointed as a Director was appointed as a Director on 21 Mar 2023 & has been associated with this company since 1 year 10 months .

    21 Mar 2023

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 28 Dec 2019 with Charge ID 100316847 was modified on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 1.58 Cr with Charge ID 100424932 was registered on 19 Feb 2021.

    19 Feb 2021

Frequently asked questions

  • Mega Steels Private Limited was incorporated on 30 May 1991.

  • The authorized share capital of Mega Steels Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.97 M.

  • Currently 3 directors are associated with Mega Steels Private Limited.

    • Vinod Gupta
    • Balraj Aggarwal
    • Pooja Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mega Steels Private Limited is Bn-30-34 Cn-104-111 Masuri Gulawati Road, Upsidc Industrial Area India, Ghaziabad, Uttar Pradesh, 201302.

  • The corporate identification number (CIN) of Mega Steels Private Limited is U00000UP1991PTC052386 and the company number is 052386 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mega Steels Private Limited is https://www.megasteels.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mega Steels Private Limited has fallen by -5.38%.

  • As Per 2023 financial reports, 19 employees are currently employed by Mega Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mega Steels Private Limited has experienced an upsurge of 18.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mega Steels Private Limited amount to ₹ 25.00 Cr.

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

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