Mideast Integrated Steels Limited

This company mines iron ore and manufactures pig iron, sponge iron, billets, and heavy section steel.

1992 | Delhi (India) | Active
Last Updated:

Mideast Integrated Steels Profile

Key Indicators

  • Authorised Capital ₹ 180.00 Cr
  • Paid Up Capital ₹ 137.88 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,542.52 Cr
  • Satisfied Charges ₹ 142.73 Cr
  • Revenue Growth -90.37%
  • Profit Growth -224.74%
  • Ebitda -1179.30%
  • Net Worth -22.84%
  • Total Assets -10.89%

About Mideast Integrated Steels

Mideast Integrated Steels Limited (MISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 September 1992 and has a history of 32 years and five months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540744.

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 180.00 Cr and a paid-up capital of Rs 137.88 Cr.

The company currently has active open charges totaling ₹1,542.52 Cr. The company has closed loans amounting to ₹142.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mideast Integrated Steels Limited India is Priyanka Chugh as COMPANY SECRETARY. Dushyant Singh, Shipra Rana, Harsh Kumar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mescosteel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1992PLC050216

  • Company No.

    050216

  • Stock Symbol

    BSE : 540744

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

What products or services does Mideast Integrated Steels Limited offer?

Mideast Integrated Steels Limited offers a wide range of products and services, including Material Handling Machines & Systems, Bulk Bag Loaders, Transportation Services, Iron Metal, Pig Iron, Steel Making Machine.

Who are the key members and board of directors at Mideast Integrated Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Priyanka Chugh Country flag representing In Company Secretary11-Sep-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Shipra Rana Country flag representing In Whole-Time Director 28-Feb-2024Current
Dushyant Singh Country flag representing In Director 28-Feb-2024Current
Harsh Kumar Country flag representing In Additional Director 01-Jan-2025Current
Prasant Misra Country flag representing In Director 23-Nov-2021Current
Amarendra Khatua Country flag representing In Director 30-Jul-2024Current

Financial Performance of Mideast Integrated Steels.

Mideast Integrated Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 90.37% decrease. The company also saw a substantial fall in profitability, with a 224.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.84%.

Mideast Integrated Steels revenue growth over time
Mideast Integrated Steels 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
-90.37%
Revenue from Operations
-86.23%
Total Assets
-10.89%
Profit or Loss
-224.74%
Net Worth
-22.84%
EBITDA
-1179.30%

What is the Ownership and Shareholding Structure of Mideast Integrated Steels?

In 2022, Mideast Integrated Steels had a promoter holding of 53.59% and a public holding of 46.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,542.52 Cr

Satisfied Charges

₹142.73 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1284.95 Cr
  • Industrial Development Bank Of India : 160.00 Cr
  • Standard Chartered Bank : 54.00 Cr
  • Others : 23.57 Cr
  • The Industrial Promotion And Investment Corporation Of Orissa Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2024Sbicap Trustee Company Limited₹502.00 CrOpen
04 Dec 2018Others₹15.00 CrOpen
15 Feb 2017Others₹6.42 MOpen
08 Sep 2016Others₹7.93 CrOpen
22 Jan 2016Sbicap Trustee Company Limited₹782.95 CrOpen

How Many Employees Work at Mideast Integrated Steels?

Mideast Integrated Steels has a workforce of 22 employees as of Apr 11, 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 Mideast Integrated Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mideast Integrated 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 Mideast Integrated Steels'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 Mideast Integrated Steels

Recent activity within the organization

  • Director Appointment

    Harsh Kumar was appointed as a Additional Director was appointed as a Additional Director on 01 Jan 2025 & has been associated with this company since 2 months 2 days .

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 502.00 Cr registered on 29 May 2024 with Charge ID 100940854 was modified on 22 Oct 2024.

  • Annual General Meeting

    Mideast Integrated Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Amarendra Khatua was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 7 months 4 days .

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 502.00 Cr with Charge ID 100940854 was registered on 29 May 2024.

  • Balance Sheet

    Mideast Integrated Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

Frequently asked questions

  • What is the Incorporation or founding date of Mideast Integrated Steels Limited?

    Mideast Integrated Steels Limited was incorporated on 07 Sep 1992.

  • What is authorized share capital and paid-up capital of Mideast Integrated Steels Limited?

    The authorized share capital of Mideast Integrated Steels Limited is ₹ 180.00 Cr and paid-up capital is ₹ 137.88 Cr.

  • Who are the current board members & directors of Mideast Integrated Steels Limited?

    Currently 6 directors are associated with Mideast Integrated Steels Limited.

    • Dushyant Kumar Singh
    • Shipra Singh Rana
    • Harsh Kumar
    • Prasant Kumar Misra
    • Amarendra Khatua
    • Priyanka Chugh
  • What is the registered address of Mideast Integrated Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mideast Integrated Steels Limited is H-1 Zamrudpur Comunity Centre, Kailash Colony India, New Delhi, 110048.

  • What is the corporate identification number (CIN) and company number of Mideast Integrated Steels Limited?

    The corporate identification number (CIN) of Mideast Integrated Steels Limited is L74899DL1992PLC050216 and the company number is 050216 as per Ministry of Corporate Affairs (MCA).

  • Is Mideast Integrated Steels Limited registered with any stock exchange in India?

    Yes, Mideast Integrated Steels Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mideast Integrated Steels Limited?

    The Official website of Mideast Integrated Steels Limited is https://www.mescosteel.com

  • What has been the recent revenue trend for Mideast Integrated Steels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mideast Integrated Steels Limited has fallen by -90.37%.

  • How many employees does Mideast Integrated Steels Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Mideast Integrated Steels Limited.

  • What change has been observed in the net worth of Mideast Integrated Steels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mideast Integrated Steels Limited has experienced an downturn of -22.84%.

  • What are the total open charges for Mideast Integrated Steels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mideast Integrated Steels Limited amount to ₹ 1,542.52 Cr.

  • When was the last Balance Sheet of Mideast Integrated Steels Limited filed with the ROC?

    The most recent Balance Sheet for Mideast Integrated Steels Limited was filed with the ROC on 31 Mar 2024.

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