Mountain Steels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.57 Cr
- Company Age 38 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.90 Cr
- Satisfied Charges ₹ 17.19 Cr
- Revenue Growth 14.02%
- Profit Growth 157.99%
- Ebitda 38.76%
- Net Worth 6.79%
- Total Assets 25.19%
About Mountain Steels
Mountain Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1986 and has a history of 38 years and 11 months. Its registered office is in Chandigarh Ut, Chandigarh.
The Corporate was formerly known as Nikhanj Food Products 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 2.00 Cr and a paid-up capital of Rs 1.57 Cr.
The company currently has active open charges totaling ₹26.90 Cr. The company has closed loans amounting to ₹17.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramesh Nikhanj and Manu Nikhanj serve as directors at the Company.
Company Details
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LocationChandigarh Ut, Chandigarh
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15490CH1986PTC006684
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Company No.
006684
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Feb 1986
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Mountain Steels Private Limited offer?
Mountain Steels Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, TMT Bars, Iron TMT Bar, TMT Steel Bars, Mild Steel Products, MS Billets, SS TMT Bar, Steel Bars, Metal Structures, Steel Structure.
Who are the key members and board of directors at Mountain Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Nikhanj
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Managing Director | 07-Feb-1986 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Manu Nikhanj
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Director | 10-Apr-2003 | Current |
Financial Performance of Mountain Steels.
Mountain Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.02% increase. The company also saw a substantial improvement in profitability, with a 157.99% increase in profit. The company's net worth moved up by a moderate rise of 6.79%.
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What is the Ownership and Shareholding Structure of Mountain Steels?
In 2023, Mountain 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.
Related Corporates (Common Directorship)
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Brinsar Foods Private LimitedRamesh Nikhanj is a mutual person
Charges (Loans)
₹26.90 Cr
₹17.19 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 23.66 Cr
- Sidbi : 2.00 Cr
- Hdfc Bank Limited : 1.03 Cr
- Axis Bank Limited : 0.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Hdfc Bank Limited | ₹1.03 Cr | Open |
| 16 Aug 2022 | Sidbi | ₹2.00 Cr | Open |
| 19 Apr 2022 | Axis Bank Limited | ₹2.14 M | Open |
| 22 Jul 2014 | State Bank Of India | ₹23.66 Cr | Open |
| 12 Aug 2009 | Uco Bank | ₹4.90 M | Satisfied |
How Many Employees Work at Mountain Steels?
Mountain Steels has a workforce of 115 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mountain 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 Mountain Steels's trajectory.
Rating
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
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.
