Megh Steels Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 3.23 M
- Company Age 31 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.13 Cr
- Satisfied Charges ₹ 12.16 Cr
- Revenue Growth 49.39%
- Profit Growth 59.28%
- Ebitda 53.91%
- Net Worth 22.11%
- Total Assets 13.06%
About Megh Steels
Megh Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 1993 and has a history of 31 years and seven months. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.23 M.
The company currently has active open charges totaling ₹28.13 Cr. The company has closed loans amounting to ₹12.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nuggahalli Mukundan, Mukundan Deepak, and Deepti Shetty serve as directors at the Company.
Company Details
-
Location
Bangalore, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U27101KA1993PTC014464
-
Company No.
014464
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
23 Jun 1993
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
What products or services does Megh Steels Private Limited offer?
Megh Steels Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Hollow Sections.
Who are the key members and board of directors at Megh Steels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepti Shetty
|
Director | 20-May-2020 | Current |
|
Nuggahalli Mukundan
|
Director | 23-Jun-1993 | Current |
|
Mukundan Deepak
|
Director | 11-Jul-2005 | Current |
Financial Performance of Megh Steels.
Megh Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.39% increase. The company also saw a substantial improvement in profitability, with a 59.28% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Megh Steels?
In 2023, Megh Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹281.27 M
₹121.60 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 26.65 Cr
- Sidbi : 1.24 Cr
- Others : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2023 | Sidbi | ₹5.29 M | Open |
| 29 Mar 2023 | Sidbi | ₹7.14 M | Open |
| 14 Jul 2021 | Hdfc Bank Limited | ₹5.43 M | Open |
| 21 Jun 2016 | Others | ₹2.33 M | Open |
| 24 Mar 2016 | Hdfc Bank Limited | ₹18.33 Cr | Open |
How Many Employees Work at Megh Steels?
Megh Steels has a workforce of 315 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Megh 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 Megh Steels's trajectory.
Rating
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
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.
.webp){kind=small}
