M P Steel (India) Private Limited

Manufactures stainless steel and other metal products with large capacity.

1998 | Dist- Mehsana, Gujarat (India) | Active
Last Updated: June 18, 2024

M P Steel (India) Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 14.92 Cr
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 67.15 Cr
  • Satisfied Charges ₹ 153.80 Cr
  • Revenue Growth 64.65%
  • Profit Growth 82.21%
  • Ebitda 12.27%
  • Net Worth 7.62%
  • Total Assets -4.09%

About M P Steel (India)

M P Steel (India) Private Limited (MPSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 1998 and has a history of 26 years and nine months. Its registered office is in Dist- Mehsana, Gujarat, India.

The Corporate was formerly known as Ratnesh Metal Industries 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 16.00 Cr and a paid-up capital of Rs 14.92 Cr.

The company currently has active open charges totaling ₹67.15 Cr. The company has closed loans amounting to ₹153.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ritesh Sirohia and Kushalkumar Bhansali serve as directors at the Company.

Company Details

  • Location

    Dist- Mehsana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28999GJ1998PTC033954

  • Company No.

    033954

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does M P Steel (India) Private Limited offer?

M P Steel (India) Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Industrial Steel, Alloy, Metal and High Strength Bolts, Heavy Duty Bolts, Steel Bars, Rods, Plates & Sheets, Steel Bars.

Who are the key members and board of directors at M P Steel (India)?

Board Members (2)

Name Designation Appointment Date Status
Kushalkumar Bhansali Country flag representing In Director 12-Aug-2021 Current
Ritesh Sirohia Country flag representing In Director 12-Aug-2021 Current

Financial Performance of M P Steel (India).

M P Steel (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.65% increase. The company also saw a substantial improvement in profitability, with a 82.21% increase in profit. The company's net worth moved up by a moderate rise of 7.62%.

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
64.65%
Revenue from Operations
65.63%
Total Assets
-4.09%
Profit or Loss
82.21%
Net Worth
7.62%
EBITDA
12.27%

What is the Ownership and Shareholding Structure of M P Steel (India)?

In 2023, M P Steel (India) had a promoter holding of 41.69% and a public holding of 58.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.15 Cr

Satisfied Charges

₹153.80 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 34.43 Cr
  • Others : 32.72 Cr

Latest Charge Details

Date Lender Amount Status
02 Jun 2022 Others ₹27.75 Cr Open
02 Jun 2022 Others ₹4.97 Cr Open
24 Feb 2022 Hdfc Bank Limited ₹34.43 Cr Open
16 Nov 2021 Bank Of India ₹1.00 Cr Satisfied
28 Aug 2020 Idbi Bank Limited ₹3.98 Cr Satisfied

How Many Employees Work at M P Steel (India)?

M P Steel (India) has a workforce of 102 employees as of Apr 05, 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 M P Steel (India), 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 M P Steel (India)'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 M P Steel (India)

Recent activity within the organization

  • Annual General Meeting

    M P Steel (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M P Steel (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 27.75 Cr registered on 02 Jun 2022 with Charge ID 100580415 was modified on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with Others of Rs. 4.97 Cr registered on 02 Jun 2022 with Charge ID 100580418 was modified on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.43 Cr registered on 24 Feb 2022 with Charge ID 100548232 was modified on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge registered on 28 Aug 2020 via Charge ID 100387826 with Idbi Bank Limited was fully satisfied on 13 Jul 2022.

    13 Jul 2022

Frequently asked questions

  • M P Steel (India) Private Limited was incorporated on 15 Apr 1998.

  • The authorized share capital of M P Steel (India) Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 14.92 Cr.

  • Currently 2 directors are associated with M P Steel (India) Private Limited.

    • Ritesh Sirohia
    • Kushalkumar Vansraj Bhansali
  • As per Ministry of Corporate Affairs (Mca), the registered address of M P Steel (India) Private Limited is Survey No 900 Nr Ashramchowkdi Village-Ranasan Ta-Vijapur, Dist- Mehsana, Gujarat, India.

  • The corporate identification number (CIN) of M P Steel (India) Private Limited is U28999GJ1998PTC033954 and the company number is 033954 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M P Steel (India) Private Limited is https://www.ratneshmetal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for M P Steel (India) Private Limited has risen by 64.65%.

  • As Per 2023 financial reports, 102 employees are currently employed by M P Steel (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M P Steel (India) Private Limited has experienced an upsurge of 7.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M P Steel (India) Private Limited amount to ₹ 67.15 Cr.

  • The most recent Balance Sheet for M P Steel (India) Private Limited was filed with the ROC on 31 Mar 2023.

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