Mstc Limited

Provides e-auction and procurement services for disposal and import of scrap, steel, coal, and petroleum.

1964 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Mstc Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 70.40 Cr
  • Company Age 60 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,084.50 Cr
  • Satisfied Charges ₹ 11,356.95 Cr
  • Revenue Growth -33.56%
  • Profit Growth 19.56%
  • Ebitda 384.54%
  • Net Worth 27.62%
  • Total Assets 41.22%

About Mstc

Mstc Limited (ML) was founded in India on 09 September 1964 and has a glorious history of 60 years and six months. Its registered office is in 24 Parganas, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542597 and on the National Stock Exchange(NSE) under MSTCLTD.

The Corporate was formerly known as Metal Scrap Trade Corporation 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 150.00 Cr and a paid-up capital of Rs 70.40 Cr.

The company currently has active open charges totaling ₹1,084.50 Cr. The company has closed loans amounting to ₹11,356.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mstc Limited India is Ajay Rai as COMPANY SECRETARY. Ashwini Kumar, Bhanu Kumar, Subrata Sarkar, and Two other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27320WB1964GOI026211

  • Company No.

    026211

  • Stock Symbol

    BSE : 542597 NSE : MSTCLTD

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    09 Sep 1964

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Internet

Who are the key members and board of directors at Mstc?

Executive Team (2)

NameDesignationAppointment DateStatus
Ajay Rai Company Secretary27-Jul-2018Current
Manobendra Ghoshal Country flag representing In Managing Director01-Jan-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashwini Kumar Country flag representing In Nominee Director 28-Mar-2023Current
Bhanu Kumar Country flag representing In Whole-Time Director 10-Oct-2017Current
Subrata Sarkar Country flag representing In Whole-Time Director 01-Dec-2018Current
Vinod Tripathi Nominee Director 18-Jul-2024Current

Financial Performance of Mstc.

Mstc Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.56% decrease. The company also saw a substantial improvement in profitability, with a 19.56% increase in profit. The company's net worth Soared by an impressive increase of 27.62%.

Mstc revenue growth over time
Mstc 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
-33.56%
Revenue from Operations
-31.00%
Total Assets
41.22%
Profit or Loss
19.56%
Net Worth
27.62%
EBITDA
384.54%

What is the Ownership and Shareholding Structure of Mstc?

In 2022, Mstc had a promoter holding of 64.75% and a public holding of 35.27%. The company had 1 Subsidiary 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

₹1,084.50 Cr

Satisfied Charges

₹11,356.95 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 984.50 Cr
  • Standard Chartered Bank : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2008Standard Chartered Bank₹100.00 CrOpen
16 Oct 1995Indian Overseas Bank₹984.50 CrOpen
07 Aug 2018State Bank Of India₹30.00 CrSatisfied
28 Mar 2018Indian Bank₹100.00 CrSatisfied
23 Dec 2015Others₹4,195.00 CrSatisfied

How Many Employees Work at Mstc?

Mstc has a workforce of 168 employees as of Apr 08, 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 Mstc Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mstc, 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 Mstc'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 Mstc

Recent activity within the organization

  • Annual General Meeting

    Mstc Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

  • Director Appointment

    Vinod Kumar Tripathi was appointed as a Nominee Director was appointed as a Nominee Director on 18 Jul 2024 & has been associated with this company since 8 months 9 days .

  • Balance Sheet

    Mstc Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Manobendra Ghoshal was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Ashwini Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 28 Mar 2023 & has been associated with this company since 2 years .

  • Charges

    A charge registered on 23 Dec 2015 via Charge ID 10613940 with Others was fully satisfied on 06 Aug 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mstc Limited?

    Mstc Limited was incorporated on 09 Sep 1964.

  • What is authorized share capital and paid-up capital of Mstc Limited?

    The authorized share capital of Mstc Limited is ₹ 150.00 Cr and paid-up capital is ₹ 70.40 Cr.

  • Who are the current board members & directors of Mstc Limited?

    Currently 6 directors are associated with Mstc Limited.

    • Ashwini Kumar
    • Bhanu Kumar
    • Subrata Sarkar
    • Vinod Kumar Tripathi
    • Ajay Kumar Rai
    • Manobendra Ghoshal
  • What is the registered address of Mstc Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mstc Limited is Plot No.Cf-18/2 Street No.175, Action Area 1 C Newtown India, Kolkata, West Bengal, 700156.

  • What is the corporate identification number (CIN) and company number of Mstc Limited?

    The corporate identification number (CIN) of Mstc Limited is L27320WB1964GOI026211 and the company number is 026211 as per Ministry of Corporate Affairs (MCA).

  • Is Mstc Limited registered with any stock exchange in India?

    Yes, Mstc Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MSTCLTD.

  • What is the official website of Mstc Limited?

    The Official website of Mstc Limited is https://www.mstcindia.co.in

  • What has been the recent revenue trend for Mstc Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mstc Limited has fallen by -33.56%.

  • How many employees does Mstc Limited currently have?

    As Per 2023 financial reports, 168 employees are currently employed by Mstc Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mstc Limited has experienced an upsurge of 27.62%.

  • What are the total open charges for Mstc Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mstc Limited amount to ₹ 1,084.50 Cr.

  • When was the last Balance Sheet of Mstc Limited filed with the ROC?

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

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