Mukand Profile
Key Indicators
- Authorised Capital ₹ 160.00 Cr
- Paid Up Capital ₹ 144.51 Cr
- Company Age 87 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.61 Cr
- Satisfied Charges ₹ 4,767.72 Cr
- Revenue Growth 33.06%
- Profit Growth 51.88%
- Ebitda -167.58%
- Net Worth -12.12%
- Total Assets -10.13%
About Mukand
Mukand Limited (ML) was founded in India on 29 November 1937 and has a glorious history of 87 years and four months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500460 and on the National Stock Exchange(NSE) under BE : MUKANDLTD.
The Corporate was formerly known as Mukand Lron & Steel Works Limited. The Company is engaged in the Machinery And Equipment 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 160.00 Cr and a paid-up capital of Rs 144.51 Cr.
The company currently has active open charges totaling ₹14.61 Cr. The company has closed loans amounting to ₹4,767.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mukand Limited India are Rajendra Sawant as COMPANY SECRETARY and Dhanesh Goradia as Cfo. Niravnayan Bajaj, Amit Yadav, Arvind Kulkarni, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1937PLC002726
- Company No.
002726
- Stock Symbol
BSE : 500460 NSE : BE : MUKANDLTD
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1937
- Date of AGM
11 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Metals and Minerals
What products or services does Mukand Limited offer?
Mukand Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane, Material Handling Cranes, Cement Plant Machinery & Parts, Milling & Grinding Tools, Milling Machine Accessories, Transport Agents & Bulk Carriers, Goods Transport Services, Industrial Furnaces & Ovens, Furnace Structure.
Mukand Limited
Explore comprehensive data for Mukand Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mukand?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendra Sawant  | Company Secretary | 17-May-2022 | Current |
| Dhanesh Goradia | CFO | 01-Jun-2022 | Current |
| Nirajkumar Bajaj | Managing Director | 05-Jul-2008 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sankaran Radhakrishnan | Director | 20-May-2019 | Current |
| Amit Yadav | Director | 27-Oct-2010 | Current |
| Niravnayan Bajaj | Whole-Time Director | 16-May-2023 | Current |
| Arvind Kulkarni | Director | 28-Jun-2022 | Current |
| Bharti Gandhi | Director | 11-Feb-2015 | Current |
| Prakash Mehta | Director | 27-Sep-2007 | Current |
Financial Performance of Mukand.
Mukand Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.06% increase. The company also saw a substantial improvement in profitability, with a 51.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mukand?
In 2023, Mukand had a promoter holding of 74.36% and a public holding of 25.64%. The company had 1 Subsidiary, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Imc Chamber Of Commerce And IndustryNirajkumar Bajaj is a mutual person
Bharat Bijlee LimitedPrakash Mehta is a mutual person
Foundation For Promotion Of Sports And GamesNirajkumar Bajaj is a mutual person
- Mukand Sumi Metal Processing Limited
Rajendra Sawant, Dhanesh Goradia and 2 more are mutual person
- Mukand Sumi Special Steel Limited
Niravnayan Bajaj, Nirajkumar Bajaj and 1 more are mutual person
- Hospet Steels Limited
Niravnayan Bajaj is a mutual person
Charges (Loans)
Open Charges
₹14.61 Cr
Satisfied Charges
₹4,767.72 Cr
Charges Breakdown by Lending Institutions
- Infrastructure Leasing & Financial Services Limited : 10.00 Cr
- Others : 4.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2022 | Others | ₹4.61 Cr | Open |
| 07 Feb 2006 | Infrastructure Leasing & Financial Services Limited | ₹10.00 Cr | Open |
| 24 Jan 2020 | Others | ₹200.00 Cr | Satisfied |
| 15 Apr 2019 | Others | ₹25.00 Cr | Satisfied |
| 25 Mar 2019 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Mukand?
Mukand has a workforce of 2250 employees as of Mar 20, 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 Mukand, 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 Mukand'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.
Latest Updates, News, and FAQs on Mukand
Recent activity within the organization
- Annual General Meeting
Mukand Limited last Annual general meeting of members was held on 11 Aug 2023 as per latest MCA records.
- Director Appointment
Niravnayan Niraj Bajaj was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 May 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
Mukand Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Arvind Madhav Kulkarni was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 2 years 9 months .
- Charges
A charge registered on 17 Oct 2006 via Charge ID 10024169 with Dena Bank was fully satisfied on 20 Apr 2022.
- Charges
A charge registered on 26 Dec 2003 via Charge ID 80005610 with Others was fully satisfied on 25 Jan 2022.
Recent News, Updates & Announcement
- Mukand Group to invest Rs 750 crore to boost steel-making capacity in South India.
The company plans both greenfield and brownfield expansion; move comes at a time when sector is seeing some consolidation.
Frequently asked questions
What is the Incorporation or founding date of Mukand Limited?
Mukand Limited was incorporated on 29 Nov 1937.
What is authorized share capital and paid-up capital of Mukand Limited?
The authorized share capital of Mukand Limited is ₹ 160.00 Cr and paid-up capital is ₹ 144.51 Cr.
Who are the current board members & directors of Mukand Limited?
Currently 9 directors are associated with Mukand Limited.
- Rajendra Dattaram Sawant
- Dhanesh Kanaiyalal Goradia
- Niravnayan Niraj Bajaj
- Amit Yadav
- Arvind Madhav Kulkarni
- Sankaran Radhakrishnan
- Bharti Ram Gandhi
- Nirajkumar Ramkrishnaji Bajaj
- Prakash Vasantlal Mehta
What is the registered address of Mukand Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mukand Limited is Bajaj Bhavanjamnalal Marg 226 Nariman Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Mukand Limited?
The corporate identification number (CIN) of Mukand Limited is L99999MH1937PLC002726 and the company number is 002726 as per Ministry of Corporate Affairs (MCA).
Is Mukand Limited registered with any stock exchange in India?
Yes, Mukand Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : MUKANDLTD.
What is the official website of Mukand Limited?
The Official website of Mukand Limited is https://www.mukand.com
What has been the recent revenue trend for Mukand Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mukand Limited has risen by 33.06%.
How many employees does Mukand Limited currently have?
As Per 2023 financial reports, 2250 employees are currently employed by Mukand Limited.
What change has been observed in the net worth of Mukand Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mukand Limited has experienced an downturn of -12.12%.
What are the total open charges for Mukand Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mukand Limited amount to ₹ 14.61 Cr.
When was the last Balance Sheet of Mukand Limited filed with the ROC?
The most recent Balance Sheet for Mukand Limited was filed with the ROC on 31 Mar 2023.
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