Miki Steel Works Private Limited

Founded in 1991 and headquartered in Karnataka, India.

1991 | Karnataka, Karnataka (India) | Active
Last Updated: December 23, 2023

Miki Steel Works Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 3.41 M
  • Company Age 34 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.50 Cr
  • Satisfied Charges ₹ 33.80 Cr
  • Revenue Growth 20.43%
  • Profit Growth 97.74%
  • Ebitda 70.55%
  • Net Worth 12.39%
  • Total Assets 13.86%

About Miki Steel Works

Miki Steel Works Private Limited (MSWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 1991 and has a history of 34 years. Its registered office is in Karnataka, Karnataka.

The Company is engaged in the Manufacturing 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 6.00 M and a paid-up capital of Rs 3.41 M.

The company currently has active open charges totaling ₹30.50 Cr. The company has closed loans amounting to ₹33.80 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location
    Karnataka, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109KA1991PTC011583

  • Company No.

    011583

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Miki Steel Works Private Limited offer?

Miki Steel Works Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Hoses & Hose Fittings, Suction Hose, Steel Wire Strand, Prestressed Concrete Strand, Furniture Springs, Mattress Spring Wire, High Carbon Steel Wire, Air Springs & Compression Springs.

Who are the key members and board of directors at Miki Steel Works?

Executive Team (1)

Name Designation Appointment Date Status
Mrinmoy Sarkar Country flag representing In Managing Director 04-Jan-2005 Current

Board Members (3)

Name Designation Appointment Date Status
Nirmala Poddar Country flag representing In Director 17-Jan-1991 Current
Mahesh Poddar Country flag representing In Director 17-Feb-1991 Current
Satya Choudhary Country flag representing In Director 28-May-2015 Current

Financial Performance of Miki Steel Works.

Miki Steel Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.43% increase. The company also saw a substantial improvement in profitability, with a 97.74% increase in profit. The company's net worth Soared by an impressive increase of 12.39%.

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
20.43%
Revenue from Operations
20.53%
Total Assets
13.86%
Profit or Loss
97.74%
Net Worth
12.39%
EBITDA
70.55%

What is the Ownership and Shareholding Structure of Miki Steel Works?

In 2023, Miki Steel Works had a promoter holding of 82.34% and a public holding of 17.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹305.00 M

Satisfied Charges

₹338.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 30.50 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2023 Axis Bank Limited ₹4.75 Cr Open
24 Feb 2011 Axis Bank Limited ₹25.75 Cr Open
09 Oct 2020 Hdfc Bank Limited ₹19.00 Cr Satisfied
24 Jan 2008 Andhra Bank ₹5.00 M Satisfied
10 Sep 2007 Andhra Bank ₹5.00 M Satisfied

How Many Employees Work at Miki Steel Works?

Miki Steel Works has a workforce of 40 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 Miki Steel Works, 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 Miki Steel Works'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 Miki Steel Works

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 257.50 M registered on 24 Feb 2011 with Charge ID 10271629 was modified on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Miki Steel Works Private 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 Axis Bank Limited amounted to Rs. 47.50 M with Charge ID 100760676 was registered on 21 Jul 2023.

    21 Jul 2023

  • Balance Sheet

    Miki Steel Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100409205 with Hdfc Bank Limited was fully satisfied on 16 Oct 2021.

    16 Oct 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 190.00 M with Charge ID 100409205 was registered on 09 Oct 2020.

    09 Oct 2020

Frequently asked questions

  • Miki Steel Works Private Limited was incorporated on 17 Jan 1991.

  • The authorized share capital of Miki Steel Works Private Limited is ₹ 6.00 M and paid-up capital is ₹ 3.41 M.

  • Currently 4 directors are associated with Miki Steel Works Private Limited.

    • Mahesh Poddar
    • Nirmala Poddar
    • Mrinmoy Sarkar
    • Satya Narayan Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Miki Steel Works Private Limited is Plot No.21D Kiadb Industrial Area, Attibele Anekaltaluk India, Karnataka.

  • The corporate identification number (CIN) of Miki Steel Works Private Limited is U27109KA1991PTC011583 and the company number is 011583 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Miki Steel Works Private Limited is https://www.mikisteel.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Miki Steel Works Private Limited has risen by 20.43%.

  • As Per 2023 financial reports, 40 employees are currently employed by Miki Steel Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Miki Steel Works Private Limited has experienced an upsurge of 12.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Miki Steel Works Private Limited amount to ₹ 30.50 Cr.

  • The most recent Balance Sheet for Miki Steel Works Private Limited was filed with the ROC on 31 Mar 2023.