Mukand Sumi Special Steel Limited

Produces alloy and stainless steel bright bars and wires as part of Mukund Group.

2015 | Kalwa, Maharashtra (India) | Active
Last Updated: July 07, 2024

Mukand Sumi Special Steel Profile

Key Indicators

  • Authorised Capital ₹ 46.85 Cr
  • Paid Up Capital ₹ 46.63 Cr
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,970.00 Cr
  • Revenue Growth 22.63%
  • Profit Growth -75.28%
  • Ebitda -14.63%
  • Net Worth 2.19%
  • Total Assets -4.98%

About Mukand Sumi Special Steel

Mukand Sumi Special Steel Limited (MSSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 January 2015 and has a history of Ten years and one month. Its registered office is in Kalwa, Maharashtra, India.

The Corporate was formerly known as Mukand Alloy Steels 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 2023. It's a company limited by shares with an authorized capital of Rs 46.85 Cr and a paid-up capital of Rs 46.63 Cr.

The company currently has active open charges totaling ₹1,970.00 Cr.

The Key Managerial Personnel (KMP) at Mukand Sumi Special Steel Limited India are Amaralingam Gantha as CFO and Vipul Mashruwala as Ceo. Takuro Horikoshi, Deepa Wadhwa, Shashibhushan Upadhyay, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kalwa, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mukandsumi.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310MH2015PLC260936

  • Company No.

    260936

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 2015

  • Date of AGM

    21 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Mukand Sumi Special Steel?

Executive Team (2)

NameDesignationAppointment DateStatus
Amaralingam Gantha Country flag representing In CFO09-Nov-2017Current
Vipul Mashruwala Country flag representing In CEO16-Jan-2018Current

Board Members (8)

NameDesignationAppointment DateStatus
Shashibhushan Upadhyay Country flag representing In Director 23-May-2023Current
Deepa Wadhwa Country flag representing In Director 23-May-2018Current
Takuro Horikoshi Country flag representing Jp Director 20-Feb-2023Current
Vipul Mashruwala Country flag representing In Whole-Time Director and Ceo 31-Mar-2018Current
Prakash Mehta Country flag representing In Director 23-May-2018Current
Michitaka Tanoue Country flag representing Jp Director 16-May-2022Current

Financial Performance of Mukand Sumi Special Steel.

Mukand Sumi Special Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.63% increase. The company also saw a substantial fall in profitability, with a 75.28% decrease 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
22.63%
Revenue from Operations
22.62%
Total Assets
-4.98%
Profit or Loss
-75.28%
Net Worth
2.19%
EBITDA
-14.63%

What is the Ownership and Shareholding Structure of Mukand Sumi Special Steel?

In 2023, Mukand Sumi Special Steel had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,970.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1358.00 Cr
  • Hdfc Bank Limited : 422.00 Cr
  • Axis Bank Limited : 190.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Hdfc Bank Limited₹100.00 CrOpen
02 Sep 2022Axis Bank Limited₹40.00 CrOpen
17 Jan 2022Hdfc Bank Limited₹322.00 CrOpen
26 Mar 2021Axis Bank Limited₹150.00 CrOpen
26 Aug 2019Others₹794.00 CrOpen

How Many Employees Work at Mukand Sumi Special Steel?

Mukand Sumi Special Steel has a workforce of 282 employees as of Apr 07, 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 Mukand Sumi Special Steel, 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 Sumi Special Steel'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 Mukand Sumi Special Steel

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100879418 was registered on 29 Feb 2024.

    29 Feb 2024

  • Annual General Meeting

    Mukand Sumi Special Steel Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.

    21 Aug 2023

  • Balance Sheet

    Mukand Sumi Special Steel 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 of Rs. 322.00 Cr registered on 17 Jan 2022 with Charge ID 100527309 was modified on 23 Mar 2023.

    23 Mar 2023

  • Director Appointment

    Takuro Horikoshi was appointed as a Director was appointed as a Director on 20 Feb 2023 & has been associated with this company since 2 years 2 days .

    20 Feb 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 02 Sep 2022 with Charge ID 100607891 was modified on 30 Jan 2023.

    30 Jan 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Mukand Sumi Special Steel Limited was incorporated on 15 Jan 2015.

  • The authorized share capital of Mukand Sumi Special Steel Limited is ₹ 46.85 Cr and paid-up capital is ₹ 46.63 Cr.

  • Currently 10 directors are associated with Mukand Sumi Special Steel Limited.

    • Takuro Horikoshi
    • Deepa Gopalan Wadhwa
    • Shashibhushan Shobhnath Upadhyay
    • Vipul Mahendra Mashruwala
    • Prakash Vasantlal Mehta
    • Amaralingam Gantha
    • Vipul Mahendra Mashruwala
    • Michitaka Tanoue
    • Kazushi Katayama
    • Nirajkumar Ramkrishnaji Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mukand Sumi Special Steel Limited is Thane Belapur Road, Kalwa, Maharashtra, India, 400605.

  • The corporate identification number (CIN) of Mukand Sumi Special Steel Limited is U27310MH2015PLC260936 and the company number is 260936 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mukand Sumi Special Steel Limited is https://www.mukandsumi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mukand Sumi Special Steel Limited has risen by 22.63%.

  • As Per 2023 financial reports, 282 employees are currently employed by Mukand Sumi Special Steel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mukand Sumi Special Steel Limited has experienced an upsurge of 2.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mukand Sumi Special Steel Limited amount to ₹ 1,970.00 Cr.

  • The most recent Balance Sheet for Mukand Sumi Special Steel Limited was filed with the ROC on 31 Mar 2023.

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