Multimelt Steels Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
- Paid Up Capital ₹ 2.39 M
- Company Age 45 Year, 3 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 three 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
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.
Who are the key members and board of directors at Multimelt Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Garg
|
Managing Director | 15-Aug-1990 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kamlesh Garg
|
Director | 01-Apr-2001 | Current |
|
Navroj Garg
|
Whole-Time Director | 11-Jan-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
-
Saraf Electricals Private LimitedKamlesh Garg and Deepak Garg are mutual person
Charges (Loans)
₹35.00 M
₹542.10 M
Charges Breakdown by Lending Institutions
- Others : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2017 | Others | ₹3.50 Cr | Open |
| 02 Dec 2021 | Others | ₹4.90 M | Satisfied |
| 30 Mar 2016 | Others | ₹1.50 Cr | Satisfied |
| 05 Oct 2010 | Punjab National Bank | ₹1.00 Cr | Satisfied |
| 05 Oct 2010 | Punjab National Bank | ₹2.00 Cr | Satisfied |
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.
Deals i
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
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.
