Mmg Steels Private Limited

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

2003 | Medak, Telangana (India) | Active
Last Updated:

Mmg Steels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.52 M
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.91 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 2.63%
  • Profit Growth -5.10%
  • Ebitda -366.45%
  • Net Worth 13.23%
  • Total Assets -12.86%

About Mmg Steels

Mmg Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 2003 and has a history of 21 years and eight months. Its registered office is in Medak, Telangana, 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 6.00 M and a paid-up capital of Rs 5.52 M.

The company currently has active open charges totaling ₹4.91 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Neeraj Goenka and Karan Goenka serve as directors at the Company.

Company Details

  • Location

    Medak, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109TG2003PTC041569

  • Company No.

    041569

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals
Company report

Mmg Steels Private Limited

Explore comprehensive data for Mmg Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

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

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%.

Mmg Steels revenue growth over time
Mmg 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
2.63%
Revenue from Operations
-1.81%
Total Assets
-12.86%
Profit or Loss
-5.10%
Net Worth
13.23%
EBITDA
-366.45%

What is the Ownership and Shareholding Structure of Mmg Steels?

In 2023, Mmg Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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.

Employee growth trends for Mmg Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mmg 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 Mmg 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 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 2024 as per latest MCA records.

  • Balance Sheet

    Mmg Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • 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.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.96 M with Charge ID 100481704 was registered on 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 4 months .

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Mmg Steels Private Limited?

    Mmg Steels Private Limited was incorporated on 22 Aug 2003.

  • What is authorized share capital and paid-up capital of Mmg Steels Private Limited?

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

  • Who are the current board members & directors of Mmg Steels Private Limited?

    Currently 2 directors are associated with Mmg Steels Private Limited.

    • Neeraj Goenka
    • Karan Goenka

  • What is the registered address of Mmg Steels Private Limited?

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

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

    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).

  • What has been the recent revenue trend for Mmg Steels Private Limited?

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

  • How many employees does Mmg Steels Private Limited currently have?

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

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

    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%.

  • What are the total open charges for Mmg Steels Private Limited?

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

  • When was the last Balance Sheet of Mmg Steels Private Limited filed with the ROC?

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

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