Multimelt Steels Private Limited

Manufacturer of alloy iron and steel castings for various industries, certified for quality and environmental standards.

1979 | Bathinda, Punjab (India) | Active
Last Updated:

Multimelt Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.39 M
  • Company Age 45 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 54.21 Cr
  • Revenue Growth -9.22%
  • Profit Growth 379.92%
  • Ebitda 24.28%
  • Net Worth -12.08%
  • Total Assets -5.74%

About Multimelt Steels

Multimelt Steels Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 October 1979 and has a history of 45 years and six months. Its registered office is in Bathinda, Punjab, India.

The Company is engaged in the Manufacturing 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 2.40 M and a paid-up capital of Rs 2.39 M.

The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹54.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamlesh Garg, Deepak Garg, and Navroj Garg serve as directors at the Company.

Company Details

  • Location

    Bathinda, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109PB1979PTC004068

  • Company No.

    004068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Multimelt Steels Private Limited offer?

Multimelt Steels Private Limited offers a wide range of products and services, including Industrial & Engineering Goods, Surface Plates.

Company report

Multimelt Steels Private Limited

Explore comprehensive data for Multimelt Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Multimelt Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Deepak Garg Country flag representing In Managing Director15-Aug-1990Current

Board Members (2)

NameDesignationAppointment DateStatus
Kamlesh Garg Country flag representing In Director 01-Apr-2001Current
Navroj Garg Country flag representing In Whole-Time Director 11-Jan-2017Current

Financial Performance of Multimelt Steels.

Multimelt Steels Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.22% decrease. The company also saw a substantial improvement in profitability, with a 379.92% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.08%.

Multimelt Steels revenue growth over time
Multimelt Steels 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
-9.22%
Revenue from Operations
-9.35%
Total Assets
-5.74%
Profit or Loss
379.92%
Net Worth
-12.08%
EBITDA
24.28%

What is the Ownership and Shareholding Structure of Multimelt Steels?

In 2023, Multimelt 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 M

Satisfied Charges

₹542.10 M

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2017Others₹3.50 CrOpen
02 Dec 2021Others₹4.90 MSatisfied
30 Mar 2016Others₹1.50 CrSatisfied
05 Oct 2010Punjab National Bank₹1.00 CrSatisfied
05 Oct 2010Punjab National Bank₹2.00 CrSatisfied

How Many Employees Work at Multimelt Steels?

Multimelt Steels has a workforce of 37 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.

Employee growth trends for Multimelt Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Multimelt 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 Multimelt Steels'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 Multimelt Steels

Recent activity within the organization

  • Charges

    A charge registered on 02 Dec 2021 via Charge ID 100506449 with Others was fully satisfied on 29 Jul 2024.

  • Annual General Meeting

    Multimelt Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Multimelt Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 4.90 M with Charge ID 100506449 was registered on 02 Dec 2021.

  • Charges

    A charge with Others of Rs. 35.00 M registered on 31 Mar 2017 with Charge ID 100095637 was modified on 11 Jan 2019.

  • Charges

    A charge with Others amounted to Rs. 35.00 M with Charge ID 100095637 was registered on 31 Mar 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Multimelt Steels Private Limited?

    Multimelt Steels Private Limited was incorporated on 31 Oct 1979.

  • What is authorized share capital and paid-up capital of Multimelt Steels Private Limited?

    The authorized share capital of Multimelt Steels Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.39 M.

  • Who are the current board members & directors of Multimelt Steels Private Limited?

    Currently 3 directors are associated with Multimelt Steels Private Limited.

    • Kamlesh Chander Garg
    • Deepak Kumar Garg
    • Navroj Garg

  • What is the registered address of Multimelt Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Multimelt Steels Private Limited is Bathinda Roadrampura Phul India, Punjab, 151103.

  • What is the corporate identification number (CIN) and company number of Multimelt Steels Private Limited?

    The corporate identification number (CIN) of Multimelt Steels Private Limited is U27109PB1979PTC004068 and the company number is 004068 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Multimelt Steels Private Limited?

    The Official website of Multimelt Steels Private Limited is https://www.multimeltsteel.com

  • What has been the recent revenue trend for Multimelt Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Multimelt Steels Private Limited has fallen by -9.22%.

  • How many employees does Multimelt Steels Private Limited currently have?

    As Per 2023 financial reports, 37 employees are currently employed by Multimelt Steels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Multimelt Steels Private Limited has experienced an downturn of -12.08%.

  • What are the total open charges for Multimelt Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Multimelt Steels Private Limited amount to ₹ 3.50 Cr.

  • When was the last Balance Sheet of Multimelt Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Multimelt Steels Private Limited was filed with the ROC on 31 Mar 2023.

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