Monga Ispat Limited

This company manufactures various steel products such as pipes, strips, and castings for different industries.

1992 | Ludhiana, Punjab (India) | Active
Last Updated: January 02, 2025

Monga Ispat Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.79 Cr
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 15.99 Cr
  • Revenue Growth -99.82%
  • Profit Growth 80.44%
  • Ebitda 78.72%
  • Net Worth -8.84%
  • Total Assets -7.05%

About Monga Ispat

Monga Ispat Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 08 May 1992 and has a history of 32 years and eight months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Addi Investments Limited. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.79 Cr.

The company currently has active open charges totaling ₹15.99 Cr.

Rajiv Gupta, Malti Gupta, Jamil, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104PB1992PLC012261

  • Company No.

    012261

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1992

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Engineering

What products or services does Monga Ispat Limited offer?

Monga Ispat Limited offers a wide range of products and services, including Door & Window, Hinges & Fittings, Door & Window Hinges, Steel & Stainless Steel Products, Steel and Stainless Steel Coils.

Who are the key members and board of directors at Monga Ispat?

Board Members (4)

Name Designation Appointment Date Status
Rajiv Gupta Country flag representing In Director 01-Jul-2020 Current
Malti Gupta Country flag representing In Whole-Time Director 28-Mar-2005 Current
Jamil Country flag representing In Additional Director 31-Jan-2019 Current
Rahul Kumar Country flag representing In Director 19-Aug-2019 Current

Financial Performance of Monga Ispat.

Monga Ispat Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.82% decrease. The company also saw a substantial improvement in profitability, with a 80.44% increase in profit. The company's net worth dipped by a decrease of 8.84%.

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
-99.82%
Revenue from Operations
-99.90%
Total Assets
-7.05%
Profit or Loss
80.44%
Net Worth
-8.84%
EBITDA
78.72%

What is the Ownership and Shareholding Structure of Monga Ispat?

In 2021, Monga Ispat had a promoter holding of 10.53% and a public holding of 89.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.99 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 14.39 Cr
  • Punjab And Sind Bank : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2007 Punjab And Sind Bank ₹1.60 Cr Open
06 Dec 2002 Punjab & Sind Bank ₹14.39 Cr Open

How Many Employees Work at Monga Ispat?

Monga Ispat has a workforce of 6 employees as of Apr 06, 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 Monga Ispat, 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 Monga Ispat'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 Monga Ispat

Recent activity within the organization

  • Annual General Meeting

    Monga Ispat Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Monga Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Director Appointment

    Rajiv Gupta was appointed as a Director was appointed as a Director on 01 Jul 2020 & has been associated with this company since 4 years 7 months .

    01 Jul 2020

  • Director Appointment

    Rahul Kumar was appointed as a Director was appointed as a Director on 19 Aug 2019 & has been associated with this company since 5 years 5 months .

    19 Aug 2019

  • Director Appointment

    Jamil was appointed as a Additional Director was appointed as a Additional Director on 31 Jan 2019 & has been associated with this company since 6 years 1 day .

    31 Jan 2019

  • Charges

    A charge with Punjab & Sind Bank of Rs. 14.39 Cr registered on 06 Dec 2002 with Charge ID 80036267 was modified on 27 Jan 2012.

    27 Jan 2012

Frequently asked questions

  • Monga Ispat Limited was incorporated on 08 May 1992.

  • The authorized share capital of Monga Ispat Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.79 Cr.

  • Currently 4 directors are associated with Monga Ispat Limited.

    • Rajiv Gupta
    • Malti Gupta
    • Jamil
    • Rahul Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Monga Ispat Limited is Village Dhandari Khurdnear Phase 7 Focal Point India, Ludhiana, Punjab, 141003.

  • The corporate identification number (CIN) of Monga Ispat Limited is U27104PB1992PLC012261 and the company number is 012261 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Monga Ispat Limited has fallen by -99.82%.

  • As Per 2021 financial reports, 6 employees are currently employed by Monga Ispat Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Monga Ispat Limited has experienced an downturn of -8.84%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Monga Ispat Limited amount to ₹ 15.99 Cr.

  • The most recent Balance Sheet for Monga Ispat Limited was filed with the ROC on 31 Mar 2021.

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