Mehta Alloys Limited

Manufacturer of stainless steel flats and housewares with ISO certification, based in Ahmedabad, Gujarat.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 08, 2024

Mehta Alloys Profile

Key Indicators

  • Authorised Capital ₹ 9.90 M
  • Paid Up Capital ₹ 6.76 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.97 Cr
  • Revenue Growth -9.91%
  • Profit Growth -13.19%
  • Ebitda -12.97%
  • Net Worth 4.96%
  • Total Assets -14.60%

About Mehta Alloys

Mehta Alloys Limited (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 May 1993 and has a history of 31 years and eight months. Its registered office is in Ahmedabad, Gujarat, 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 9.90 M and a paid-up capital of Rs 6.76 M.

The company currently has active open charges totaling ₹10.97 Cr.

Devichand Jain, Rupalkumar Shah, Aakash Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310GJ1993PLC019522

  • Company No.

    019522

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 May 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Mehta Alloys?

Executive Team (1)

Name Designation Appointment Date Status
Devichand Jain Country flag representing In Managing Director 01-Apr-2010 Current

Board Members (3)

Name Designation Appointment Date Status
Rupalkumar Shah Country flag representing In Whole-Time Director 31-Mar-2000 Current
Aakash Jain Country flag representing In Whole-Time Director 01-Apr-2010 Current
Himanshu Shah Country flag representing In Whole-Time Director 01-Apr-2012 Current

Financial Performance of Mehta Alloys.

Mehta Alloys Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 9.91% decrease. The company also saw a substantial fall in profitability, with a 13.19% decrease in profit. The company's net worth moved up by a moderate rise of 4.96%.

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
-9.91%
Revenue from Operations
-9.93%
Total Assets
-14.60%
Profit or Loss
-13.19%
Net Worth
4.96%
EBITDA
-12.97%

What is the Ownership and Shareholding Structure of Mehta Alloys?

In 2020, Mehta Alloys had a promoter holding of 85.53% and a public holding of 14.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.73 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.99 Cr
  • Sidbi : 0.98 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2024 Sidbi ₹9.83 M Open
06 May 2004 Others ₹9.99 Cr Open

How Many Employees Work at Mehta Alloys?

Mehta Alloys has a workforce of 27 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mehta Alloys, 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 Mehta Alloys'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 Mehta Alloys

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 9.83 M with Charge ID 100877737 was registered on 28 Feb 2024.

    28 Feb 2024

  • Annual General Meeting

    Mehta Alloys Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 99.90 M registered on 06 May 2004 with Charge ID 90100997 was modified on 17 May 2023.

    17 May 2023

  • Balance Sheet

    Mehta Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Himanshu Rameshchandra Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2012 & has been associated with this company since 12 years 10 months .

    01 Apr 2012

  • Director Appointment

    Devichand Javerchand Jain was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2010 & has been associated with this company since 14 years 10 months .

    01 Apr 2010

Frequently asked questions

  • Mehta Alloys Limited was incorporated on 21 May 1993.

  • The authorized share capital of Mehta Alloys Limited is ₹ 9.90 M and paid-up capital is ₹ 6.76 M.

  • Currently 4 directors are associated with Mehta Alloys Limited.

    • Devichand Javerchand Jain
    • Rupalkumar Amrutlal Shah
    • Aakash Devichand Jain
    • Himanshu Rameshchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mehta Alloys Limited is C - B / 2G I D C Indl Estate, Naroda, Ahmedabd, Gujarat, India, 382330.

  • The corporate identification number (CIN) of Mehta Alloys Limited is U27310GJ1993PLC019522 and the company number is 019522 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mehta Alloys Limited is https://www.mehtaalloys.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Mehta Alloys Limited has fallen by -9.91%.

  • As Per 2020 financial reports, 27 employees are currently employed by Mehta Alloys Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mehta Alloys Limited has experienced an upsurge of 4.96%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Mehta Alloys Limited amount to ₹ 10.97 Cr.

  • The most recent Balance Sheet for Mehta Alloys Limited was filed with the ROC on 31 Mar 2023.

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