Mittal Steels Limited.

Produces basic iron and steel products.

1971 | Active
Last Updated: October 24, 2024

Mittal Steels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 53 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 45.92 Cr
  • Revenue Growth %
  • Profit Growth 66.26%
  • Ebitda 66.26%
  • Net Worth -0.00%
  • Total Assets 0.01%

About Mittal Steels

Mittal Steels Limited. (MSL) was founded in India on 29 December 1971 and has a glorious history of 53 years and one month.Its registered office is in Na, Karnataka.

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 6.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹45.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mamta Singhania, Chaitanya Singhania, and Narendra Jain serve as directors at the Company.

Company Details

  • Location Na, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    msplm.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29194KA1971PLC002897

  • Company No.

    002897

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Board Members (3)

NameDesignationAppointment DateStatus
Mamta Singhania Country flag representing In Director 04-Sep-2012Current
Chaitanya Singhania Country flag representing In Director 11-Jan-2016Current
Narendra Jain Country flag representing In Director 01-Aug-2022Current

Financial Performance of Mittal Steels.

Mittal Steels Limited., for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 66.26% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
0.01%
Profit or Loss
66.26%
Net Worth
-0.00%
EBITDA
66.26%

What is the Ownership and Shareholding Structure of Mittal Steels?

In 2023, Mittal Steels had a promoter holding of 75.87% and a public holding of 24.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹45.92 Cr

Charges Breakdown by Lending Institutions

  • Industrial Investment Bank Of India : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 1987Industrial Investment Bank Of India₹3.00 CrOpen
21 Dec 1999Canara Bank₹2.50 CrSatisfied
09 Jun 1998Ksfc₹1.00 CrSatisfied
31 Mar 1998Krishi Projects Private Limited₹3.25 CrSatisfied
26 Oct 1997Krishi Projects Private Limited₹1.75 CrSatisfied

How Many Employees Work at Mittal Steels?

Unlock and access historical data on people associated with Mittal Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mittal 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 Mittal 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 Mittal Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Mittal Steels 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 24 Oct 1997 via Charge ID 90384842 with Karnataka State Industrial Investment & Develop. Corporation was fully satisfied on 09 Nov 2022.

    09 Nov 2022

  • Charges

    A charge registered on 25 Oct 1996 via Charge ID 90384837 with Karnataka State Industrial Investment & Development Corporat was fully satisfied on 09 Nov 2022.

    09 Nov 2022

  • Charges

    A charge registered on 13 Mar 1995 via Charge ID 90384832 with Karnataka State Industrial Investment & Develop. Corporation was fully satisfied on 09 Nov 2022.

    09 Nov 2022

  • Director Appointment

    Narendra Kumar Jain was appointed as a Director was appointed as a Director on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

Frequently asked questions

  • Mittal Steels Limited. was incorporated on 29 Dec 1971.

  • The authorized share capital of Mittal Steels Limited. is ₹ 6.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Mittal Steels Limited..

    • Mamta Singhania
    • Chaitanya Hari Singhania
    • Narendra Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Steels Limited. is Mahadevapura Whitfield Road, Bangalore -48. Kartaka India, Na, Karnataka.

  • The corporate identification number (CIN) of Mittal Steels Limited. is U29194KA1971PLC002897 and the company number is 002897 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mittal Steels Limited. is https://www.msplm.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mittal Steels Limited. has experienced an downturn of -0.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mittal Steels Limited. amount to ₹ 3.00 Cr.

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

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