Mmg Steels Private Limited

Manufactures high-quality castings of various materials and operates as a cast iron foundry.

2003 | Medak District, Telangana (India) | Active
Last Updated: July 03, 2024

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

Board Members (2)

NameDesignationAppointment DateStatus
Karan Goenka Country flag representing In Director 10-Dec-2020Current
Neeraj Goenka Country flag representing In Director 22-Aug-2003Current

Financial Performance of Mmg Steels.

Mmg Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.63% increase. The company also saw a slight decrease in profitability, with a 5.1% decrease in profit. The company's net worth Soared by an impressive increase of 13.23%.

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
2.63%
Revenue from Operations
-1.81%
Total Assets
-12.86%
Profit or Loss
-5.10%
Net Worth
13.23%
EBITDA
-366.45%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹49.06 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.71 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2021Hdfc Bank Limited₹1.96 MOpen
15 Mar 2004State Bank Of India₹4.71 CrOpen
15 Mar 2004State Bank Of India₹1.50 CrSatisfied

How Many Employees Work at Mmg Steels?

Mmg Steels has a workforce of 35 employees as of Mar 21, 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

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Latest Updates, News, and FAQs on Mmg Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Mmg Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 47.10 M registered on 15 Mar 2004 with Charge ID 80023862 was modified on 28 Feb 2022.

    28 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.96 M with Charge ID 100481704 was registered on 26 Aug 2021.

    26 Aug 2021

  • Director Appointment

    Karan Goenka was appointed as a Director was appointed as a Director on 10 Dec 2020 & has been associated with this company since 4 years 1 month .

    10 Dec 2020

  • Charges

    A charge registered on 15 Mar 2004 via Charge ID 90125142 with State Bank Of India was fully satisfied on 07 Jan 2009.

    07 Jan 2009

Frequently asked questions

  • Mmg Steels Private Limited was incorporated on 22 Aug 2003.

  • The authorized share capital of Mmg Steels Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.52 M.

  • Currently 2 directors are associated with Mmg Steels Private Limited.

    • Karan Goenka
    • Neeraj Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mmg Steels Private Limited is Plot No.14Idamolaram Jinnaram Mandal, Medak District, Telangana, India, 502325.

  • The corporate identification number (CIN) of Mmg Steels Private Limited is U27109TG2003PTC041569 and the company number is 041569 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mmg Steels Private Limited has risen by 2.63%.

  • As Per 2023 financial reports, 35 employees are currently employed by Mmg Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mmg Steels Private Limited has experienced an upsurge of 13.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mmg Steels Private Limited amount to ₹ 4.91 Cr.

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

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