Meghalaya Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.32 Cr
- Company Age 50 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 127.11 Cr
- Satisfied Charges ₹ 7.11 Cr
- Revenue Growth -42.74%
- Profit Growth -317.54%
- Ebitda -383.46%
- Net Worth -65.98%
- Total Assets -21.78%
About Meghalaya Steels
Meghalaya Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 May 1974 and has a history of 50 years and eight months. Its registered office is in Ri Bhoi, Meghalaya, India.
The Corporate was formerly known as Meghalaya Steel And Concrete Products 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 2.32 Cr.
The company currently has active open charges totaling ₹127.11 Cr. The company has closed loans amounting to ₹7.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rahul Lohia and Rohit Lohia serve as directors at the Company.
Company Details
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Location
Ri Bhoi, Meghalaya, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27107ML1974PTC001507
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Company No.
001507
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 May 1974
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Shillong
Industry
Who are the key members and board of directors at Meghalaya Steels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Lohia
|
Director | 19-Jul-2010 | Current |
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Rohit Lohia
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Director | 18-Dec-2010 | Current |
Financial Performance of Meghalaya Steels.
Meghalaya Steels Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 42.74% decrease. The company also saw a substantial fall in profitability, with a 317.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 65.98%.
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What is the Ownership and Shareholding Structure of Meghalaya Steels?
In 2024, Meghalaya Steels had a promoter holding of 76.41% and a public holding of 23.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Meghalaya Cements LimitedRahul Lohia is a mutual person
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Exodus Futura Knit Private LimitedRohit Lohia is a mutual person
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Gasgen Ferro Alloys LlpRahul Lohia is a mutual person
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Shehanshah Buildwell Llp
Rahul Lohia is a mutual person
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Ridhi Sidhi Anmol Llp
Rahul Lohia and Rohit Lohia are mutual person
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Allendy Cements Llp
Rahul Lohia is a mutual person
Charges (Loans)
₹127.11 Cr
₹7.11 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 112.11 Cr
- Hdfc Bank Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2024 | State Bank Of India | ₹110.00 Cr | Open |
| 04 Jul 2023 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 21 Jun 2017 | State Bank Of India | ₹2.11 Cr | Open |
| 22 May 2014 | Hdfc Bank Limited | ₹1.13 M | Satisfied |
| 14 Mar 2014 | Icici Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Meghalaya Steels?
Meghalaya Steels has a workforce of 18 employees as of Jan 26, 2025. 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 Meghalaya 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 Meghalaya 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.
