Mono Steel (India) Limited

Founded in 1992 and headquartered in Maharashtra, India.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Mono Steel (India) Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 13.00 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 708.16 Cr
  • Satisfied Charges ₹ 1,109.86 Cr
  • Revenue Growth 80.09%
  • Profit Growth 149.30%
  • Ebitda 8.64%
  • Net Worth 10.30%
  • Total Assets 13.13%

About Mono Steel (India)

Mono Steel (India) Limited (MSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 1992 and has a history of 32 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mono Steel Limited. 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 13.00 Cr and a paid-up capital of Rs 13.00 Cr.

The company currently has active open charges totaling ₹708.16 Cr. The company has closed loans amounting to ₹1,109.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mono Steel (India) Limited India are Siddharajsinh Gohil as CFO and Soni Chndubhai as Company Secretary.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106MH1992PLC065934

  • Company No.

    065934

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Environment

What products or services does Mono Steel (India) Limited offer?

Mono Steel (India) Limited offers a wide range of products and services, including TMT Bars, Mild Steel TMT Bars, Flanges & Flanged Fittings, Flanges, Stainless Steel Sheet, Designer Stainless Steel Sheet, Metal Wire, Binding Wire, Round Bars, PRIME GOLD TMT Bars.

Who are the key members and board of directors at Mono Steel (India)?

Executive Team (3)

Name Designation Appointment Date Status
Bhupatbhai Shah Country flag representing In Managing Director 21-Jan-2005 Current
Siddharajsinh Gohil CFO 01-Apr-2019 Current
Soni Chndubhai Company Secretary 25-Feb-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Jaisukhbhai Shah Country flag representing In Director 21-Jan-2005 Current
Hitesh Shah Country flag representing In Director 04-Oct-2016 Current
Sangeeta Shah Country flag representing In Director 17-Jul-2015 Current
Jayant Popatlal Country flag representing In Director 08-Apr-2016 Current
Rahul Singh Country flag representing In Director 12-Sep-2024 Current

Financial Performance of Mono Steel (India).

Mono Steel (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.09% increase. The company also saw a substantial improvement in profitability, with a 149.3% increase in profit. The company's net worth Soared by an impressive increase of 10.3%.

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
80.09%
Revenue from Operations
80.70%
Total Assets
13.13%
Profit or Loss
149.30%
Net Worth
10.30%
EBITDA
8.64%

What is the Ownership and Shareholding Structure of Mono Steel (India)?

In 2023, Mono Steel (India) 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

₹708.16 Cr

Satisfied Charges

₹1,109.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 350.03 Cr
  • Hdfc Bank Limited : 222.07 Cr
  • Axis Bank Limited : 124.11 Cr
  • Yes Bank Limited : 11.94 Cr

Latest Charge Details

Date Lender Amount Status
19 Oct 2023 Others ₹338.62 Cr Open
23 Mar 2023 Hdfc Bank Limited ₹215.20 Cr Open
19 Jan 2023 Axis Bank Limited ₹124.11 Cr Open
28 Nov 2022 Hdfc Bank Limited ₹1.70 Cr Open
18 Oct 2022 Others ₹3.48 Cr Open

How Many Employees Work at Mono Steel (India)?

Unlock and access historical data on people associated with Mono Steel (India), 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 Mono Steel (India), 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 Mono Steel (India)'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 Mono Steel (India)

Recent activity within the organization

  • Director Appointment

    Rahul Kumar Singh was appointed as a Director was appointed as a Director on 12 Sep 2024 & has been associated with this company since 4 months 24 days .

    12 Sep 2024

  • Charges

    A charge with Others of Rs. 338.62 Cr registered on 19 Oct 2023 with Charge ID 100819599 was modified on 22 Jul 2024.

    22 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 338.62 Cr with Charge ID 100819599 was registered on 19 Oct 2023.

    19 Oct 2023

  • Annual General Meeting

    Mono Steel (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mono Steel (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 215.20 Cr with Charge ID 100705786 was registered on 23 Mar 2023.

    23 Mar 2023

Frequently asked questions

  • Mono Steel (India) Limited was incorporated on 16 Mar 1992.

  • The authorized share capital of Mono Steel (India) Limited is ₹ 13.00 Cr and paid-up capital is ₹ 13.00 Cr.

  • Currently 8 directors are associated with Mono Steel (India) Limited.

    • Jaisukhbhai Mavjibhai Shah
    • Hitesh Chimanlal Shah
    • Bhupatbhai Mavjibhai Shah
    • Sangeeta Dharmendra Shah
    • Jayant Shah Popatlal
    • Rahul Kumar Singh
    • Siddharajsinh Dharmendrasinh Gohil
    • Soni Bhavin Chndubhai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mono Steel (India) Limited is 105 1St Floor Batliboy House 59/61 Nagdevi Cross Road, Off Abdul Rehma N Street India, Mumbai, Maharashtra, 400003.

  • The corporate identification number (CIN) of Mono Steel (India) Limited is U27106MH1992PLC065934 and the company number is 065934 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mono Steel (India) Limited has risen by 80.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mono Steel (India) Limited has experienced an upsurge of 10.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mono Steel (India) Limited amount to ₹ 708.16 Cr.

  • The most recent Balance Sheet for Mono Steel (India) Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Solar Energy Solutions