Metalex Steel Strips Private Limited

Specializes in trading and processing stainless steel products for various industries.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated:

Metalex Steel Strips Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.42 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • 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 17 years and one month. Its registered office is in Bangaluru, 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 2024. 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.

Mangilal Vikas, Mahaveer Mangilal, Mangilal Heerachand, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, 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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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.

Company report

Metalex Steel Strips Private Limited

Explore comprehensive data for Metalex Steel Strips Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Metalex Steel Strips?

Board Members (5)

NameDesignationAppointment DateStatus
Mangilal Vikas Country flag representing In Director 30-Jun-2008Current
Mahaveer Mangilal Country flag representing In Director 26-Mar-2008Current
Mangilal Heerachand Country flag representing In Director 01-Sep-2014Current
Girish Bhandari Country flag representing In Director 01-Sep-2014Current
Sanjay Bhandari Country flag representing In Director 30-Jun-2008Current

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%.

Metalex Steel Strips revenue growth over time
Metalex Steel Strips 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
14.63%
Revenue from Operations
14.63%
Total Assets
12.56%
Profit or Loss
-9.69%
Net Worth
19.50%
EBITDA
-0.38%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.93 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
28 Feb 2023The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrOpen
18 Sep 2020Others₹6.46 CrOpen
18 Sep 2018Others₹41.62 CrOpen
19 Dec 2017Tata Capital Financial Services Limited₹8.50 MOpen
11 Jan 2017Others₹28.89 CrSatisfied

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.

Employee growth trends for Metalex Steel Strips Private Limited

Deals i

Graph showing company valuation over time

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

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 Metalex Steel Strips

Recent activity within the organization

  • Annual General Meeting

    Metalex Steel Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Metalex Steel Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 28 Feb 2023 with Charge ID 100690195 was modified on 04 Mar 2024.

  • Charges

    A charge with Others of Rs. 41.62 Cr registered on 18 Sep 2018 with Charge ID 100218189 was modified on 04 Aug 2023.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 20.00 Cr with Charge ID 100690195 was registered on 28 Feb 2023.

  • Charges

    A charge with Others of Rs. 6.46 Cr registered on 18 Sep 2020 with Charge ID 100374038 was modified on 16 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Metalex Steel Strips Private Limited?

    Metalex Steel Strips Private Limited was incorporated on 26 Mar 2008.

  • What is authorized share capital and paid-up capital of Metalex Steel Strips Private Limited?

    The authorized share capital of Metalex Steel Strips Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.42 Cr.

  • Who are the current board members & directors of Metalex Steel Strips Private Limited?

    Currently 5 directors are associated with Metalex Steel Strips Private Limited.

    • Mangilal Bhandari Vikas
    • Mahaveer Bhandari Mangilal
    • Mangilal Bhandari Heerachand
    • Girish Bhandari
    • Sanjay Kumar Bhandari
  • What is the registered address of Metalex Steel Strips Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Metalex Steel Strips Private Limited is Plot No. 158 159 P Kiadb Industrial Area Bommasandra, Jigani Link Road India, Bangalore, Karnataka, 562106.

  • What is the corporate identification number (CIN) and company number of Metalex Steel Strips Private Limited?

    The corporate identification number (CIN) of Metalex Steel Strips Private Limited is U28121KA2008PTC045776 and the company number is 045776 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Metalex Steel Strips Private Limited?

    The Official website of Metalex Steel Strips Private Limited is https://www.metalex.in

  • What has been the recent revenue trend for Metalex Steel Strips Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Metalex Steel Strips Private Limited has risen by 14.63%.

  • How many employees does Metalex Steel Strips Private Limited currently have?

    As Per 2023 financial reports, 47 employees are currently employed by Metalex Steel Strips Private Limited.

  • What change has been observed in the net worth of Metalex Steel Strips Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Metalex Steel Strips Private Limited has experienced an upsurge of 19.50%.

  • What are the total open charges for Metalex Steel Strips Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Metalex Steel Strips Private Limited amount to ₹ 68.93 Cr.

  • When was the last Balance Sheet of Metalex Steel Strips Private Limited filed with the ROC?

    The most recent Balance Sheet for Metalex Steel Strips Private Limited was filed with the ROC on 31 Mar 2024.

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