Msp Steel & Power Limited

Manufactures steel and steel products, including pellets, sponge iron, TMT bars, and more.

1968 | Kolkata, West Bengal (India) | Active
Last Updated: November 19, 2024

Msp Steel & Power Profile

Key Indicators

  • Authorised Capital ₹ 900.00 Cr
  • Paid Up Capital ₹ 388.53 Cr
  • Company Age 56 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,424.02 Cr
  • Satisfied Charges ₹ 8,230.92 Cr
  • Revenue Growth 13.67%
  • Profit Growth 126.80%
  • Ebitda 112.02%
  • Net Worth 2.19%
  • Total Assets -0.53%

About Msp Steel & Power

Msp Steel & Power Limited (MSPL) was founded in India on 18 November 1968 and has a glorious history of 56 years and three months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532650 and on the National Stock Exchange(NSE) under MSPL.

The Corporate was formerly known as Adhunik Rollers Private 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 2024. It's a company limited by shares with an authorized capital of Rs 900.00 Cr and a paid-up capital of Rs 388.53 Cr.

The company currently has active open charges totaling ₹2,424.02 Cr. The company has closed loans amounting to ₹8,230.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Msp Steel & Power Limited India are Kamal Jain as CFO and Shreya Kar as Company Secretary. Pranab Chakrabarty, Suneeta Mohanty, Pramode Pandey, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mspsteel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27109WB1968PLC027399

  • Company No.

    027399

  • Stock Symbol

    BSE : 532650 NSE : MSPL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 1968

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Msp Steel & Power Limited offer?

Msp Steel & Power Limited offers a wide range of products and services, including Beams, Purlins, Frames and Girders, Building Beams & Girders, Minerals and Ores, Iron Ore, Steel Bars, Rods, Plates & Sheets, TMT Bars, Machines & Equipments, Industrial Washing Machine, Steel & Stainless Steel Products, Steel Products.

Who are the key members and board of directors at Msp Steel & Power?

Executive Team (4)

NameDesignationAppointment DateStatus
Kamal Jain Country flag representing In CFO18-Feb-2015Current
Shreya Kar Country flag representing In Company Secretary01-May-2016Current
Manish Agrawal Country flag representing In Managing Director05-Jul-2003Current
Saket Agrawal Country flag representing In Managing Director30-Sep-2003Current

Board Members (6)

NameDesignationAppointment DateStatus
Suneeta Mohanty Country flag representing In Director 25-Mar-2019Current
Pranab Chakrabarty Country flag representing In Director 20-Sep-2024Current
Pramode Pandey Director 20-Sep-2024Current
Pradip Dey Country flag representing In Director 04-Apr-2023Current
Suresh Agrawal Country flag representing In Director 10-Aug-2004Current
Anbhav Goenka Country flag representing In Director 20-Sep-2024Current

Financial Performance of Msp Steel & Power.

Msp Steel & Power Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.67% increase. The company also saw a substantial improvement in profitability, with a 126.8% increase in profit. The company's net worth moved up by a moderate rise of 2.19%.

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
13.67%
Revenue from Operations
12.68%
Total Assets
-0.53%
Profit or Loss
126.80%
Net Worth
2.19%
EBITDA
112.02%

What is the Ownership and Shareholding Structure of Msp Steel & Power?

In 2021, Msp Steel & Power had a promoter holding of 41.61% and a public holding of 58.38%. The company had 3 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,424.02 Cr

Satisfied Charges

₹8,230.92 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank (Title Deed Holder) : 1320.34 Cr
  • Sbicap Trustee Company Limited : 447.98 Cr
  • Union Bank Of India (Lead Bank) : 150.00 Cr
  • Allahabad Bank (Lead Bank) : 120.00 Cr
  • Indian Overseas Bank : 86.70 Cr
  • Others : 299.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Sbicap Trustee Company Limited₹363.78 CrOpen
27 Mar 2024Sbicap Trustee Company Limited₹84.20 CrOpen
25 Feb 2014Allahabad Bank₹26.00 CrOpen
24 Feb 2014Union Bank Of India₹24.00 CrOpen
06 Dec 2013Icici Bank Limited₹35.00 CrOpen

How Many Employees Work at Msp Steel & Power?

Msp Steel & Power has a workforce of 1104 employees as of Nov 19, 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 Msp Steel & Power, 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 Msp Steel & Power'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 Msp Steel & Power

Recent activity within the organization

  • Director Appointment

    Pranab Kumar Chakrabarty was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 5 months 3 days .

    20 Sep 2024

  • Director Appointment

    Pramode Kumar Pandey was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 5 months 3 days .

    20 Sep 2024

  • Director Appointment

    Anbhav Goenka was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 5 months 3 days .

    20 Sep 2024

  • Annual General Meeting

    Msp Steel & Power Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Charges

    A charge registered on 01 Jul 2013 via Charge ID 10482159 with Syndicate Bank was fully satisfied on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge registered on 10 Apr 2012 via Charge ID 10347495 with Oriental Bank Of Commerce was fully satisfied on 30 Jul 2024.

    30 Jul 2024

Frequently asked questions

  • Msp Steel & Power Limited was incorporated on 18 Nov 1968.

  • The authorized share capital of Msp Steel & Power Limited is ₹ 900.00 Cr and paid-up capital is ₹ 388.53 Cr.

  • Currently 10 directors are associated with Msp Steel & Power Limited.

    • Pranab Kumar Chakrabarty
    • Suneeta Mohanty
    • Pramode Kumar Pandey
    • Kamal Kumar Jain
    • Shreya Kar
    • Pradip Kumar Dey
    • Suresh Kumar Agrawal
    • Manish Agrawal
    • Saket Agrawal
    • Anbhav Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Msp Steel & Power Limited is South City Business Park 10Th Floor 770 Anandapur, Em Bypass India, Kolkata, West Bengal, 700107.

  • The corporate identification number (CIN) of Msp Steel & Power Limited is L27109WB1968PLC027399 and the company number is 027399 as per Ministry of Corporate Affairs (MCA).

  • Yes, Msp Steel & Power Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MSPL.

  • The Official website of Msp Steel & Power Limited is https://www.mspsteel.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Msp Steel & Power Limited has risen by 13.67%.

  • As Per 2024 financial reports, 1104 employees are currently employed by Msp Steel & Power Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Msp Steel & Power Limited has experienced an upsurge of 2.19%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Msp Steel & Power Limited amount to ₹ 2,424.02 Cr.

  • The most recent Balance Sheet for Msp Steel & Power Limited was filed with the ROC on 31 Mar 2024.

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