Mysore Steels Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 30.00 Cr
- Company Age 51 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 41.32 Cr
- Satisfied Charges ₹ 26.82 Cr
- Revenue Growth 35.48%
- Profit Growth 206.02%
- Ebitda -93.37%
- Net Worth 1.64%
- Total Assets -8.49%
About Mysore Steels
Mysore Steels Limited (MSL) was founded in India on 28 December 1973 and has a glorious history of 51 years and one month. Its registered office is in Mysore, Karnataka, India.
The Corporate was formerly known as Shimoga Steels 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 30.00 Cr and a paid-up capital of Rs 30.00 Cr.
The company currently has active open charges totaling ₹41.32 Cr. The company has closed loans amounting to ₹26.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mysore Steels Limited India are Keerthana Gopal as COMPANY SECRETARY and Polur Vani as Cfo. Ramarathnam Kovathakudi, Geethavani Polur, Rallapalli Nagarjun, and Two other members serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27100KA1973PLC002473
- Company No.
002473
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Dec 1973
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Mysore Steels Limited offer?
Mysore Steels Limited offers a wide range of products and services, including Casting, Moulding & Forging Machines, Casting Machines.
Who are the key members and board of directors at Mysore Steels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Keerthana Gopal | Company Secretary | 10-Oct-2023 | Current |
| Polur Vani | CFO | 12-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramarathnam Kovathakudi  | Additional Director | 26-Sep-2011 | Current |
| Geethavani Polur | Director | 18-May-2022 | Current |
| Rallapalli Nagarjun | Whole-Time Director | 05-Sep-2018 | Current |
| Rallapalli Balasubramanyam | Whole-Time Director | 13-Jan-2008 | Current |
| Rallapalli Karanam | Director | 04-Aug-2006 | Current |
Financial Performance of Mysore Steels.
Mysore Steels Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.48% increase. The company also saw a substantial improvement in profitability, with a 206.02% increase in profit. The company's net worth moved up by a moderate rise of 1.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mysore Steels?
In 2021, Mysore Steels had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Raichur Aloys And Forgings LimitedGeethavani Polur and Rallapalli Karanam are mutual person
- Amona Power Private Limited
Geethavani Polur and Rallapalli Karanam are mutual person
- Brindavan Metallics Private Limited
Geethavani Polur, Rallapalli Nagarjun and 1 more are mutual person
- Venture-One Concepts Private Limited
Rallapalli Nagarjun is a mutual person
Charges (Loans)
₹41.32 Cr
₹26.82 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 41.00 Cr
- Others : 0.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2020 | Others | ₹3.15 M | Open |
| 19 Mar 2015 | State Bank Of India | ₹41.00 Cr | Open |
| 25 Sep 1992 | Brindavan Metallics Private Limited | ₹9.41 Cr | Satisfied |
| 31 Dec 1991 | Brindavan Metallics Private Limited | ₹3.81 Cr | Satisfied |
| 12 Apr 1991 | Canara Bank | ₹10.70 Cr | Satisfied |
How Many Employees Work at Mysore Steels?
Mysore Steels has a workforce of 5 employees as of Apr 09, 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 Mysore 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 Mysore 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.
