Metalex Steel Strips Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.42 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 68.93 Cr
- Satisfied Charges ₹ 50.03 Cr
- Revenue Growth 14.63%
- Profit Growth -9.69%
- Ebitda -0.38%
- Net Worth 19.50%
- Total Assets 12.56%
About Metalex Steel Strips
Metalex Steel Strips Private Limited (MSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2008 and has a history of 16 years and ten 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 Cr and a paid-up capital of Rs 1.42 Cr.
The company currently has active open charges totaling ₹68.93 Cr. The company has closed loans amounting to ₹50.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahaveer Mangilal, Sanjay Bhandari, Mangilal Vikas, and Two other members 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
U28121KA2008PTC045776
- Company No.
045776
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 2008
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Metalex Steel Strips Private Limited offer?
Metalex Steel Strips Private Limited offers a wide range of products and services, including Copper Alloys, Beryllium Copper, Steel & Stainless Steel Products, Steel Strips, Stainless Steel Strips.
Who are the key members and board of directors at Metalex Steel Strips?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahaveer Mangilal  | Director | 26-Mar-2008 | Current |
| Sanjay Bhandari | Director | 30-Jun-2008 | Current |
| Mangilal Vikas | Director | 30-Jun-2008 | Current |
| Girish Bhandari | Director | 01-Sep-2014 | Current |
| Mangilal Heerachand | Director | 01-Sep-2014 | Current |
Financial Performance of Metalex Steel Strips.
Metalex Steel Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.63% increase. The company also saw a slight decrease in profitability, with a 9.69% decrease in profit. The company's net worth Soared by an impressive increase of 19.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Metalex Steel Strips?
In 2023, Metalex Steel Strips had a promoter holding of 31.14% and a public holding of 68.86%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Metalex Machineries Private LimitedMahaveer Mangilal is a mutual person
- Kaishin Metalex Stainless Steel Private Limited
Mahaveer Mangilal and Girish Bhandari are mutual person
Charges (Loans)
₹68.93 Cr
₹50.03 Cr
Charges Breakdown by Lending Institutions
- Others : 48.08 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 20.00 Cr
- Tata Capital Financial Services Limited : 0.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Open |
| 18 Sep 2020 | Others | ₹6.46 Cr | Open |
| 18 Sep 2018 | Others | ₹41.62 Cr | Open |
| 19 Dec 2017 | Tata Capital Financial Services Limited | ₹8.50 M | Open |
| 11 Jan 2017 | Others | ₹28.89 Cr | Satisfied |
How Many Employees Work at Metalex Steel Strips?
Metalex Steel Strips has a workforce of 47 employees as of Mar 29, 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 Metalex Steel Strips, 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 Metalex Steel Strips'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.
