M I Metal Sections Private Limited

M I Metal Sections Private Limited - metals and minerals in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U27101KA1982PTC004738 Incorporated 23 April 1982 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company metals and minerals
Data last updated
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.95 Lakh
Issued & subscribed
Satisfied charges
₹3 Cr
No open charges
Company age
44 yrs
Est. 1982
Employees · EPFO
3
Provident fund records
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2023
Balance sheet date

About M I Metal Sections Private Limited

Data last updated:

M I Metal Sections Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 April 1982.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U27101KA1982PTC004738. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.95 Lakh. It was led by directors Ghanshyam Sankhla (Managing Director) and Dhirendra Sankhla.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 2nd Floor Rangaiah Complexb V K Iyengar Road Bangalore, Karnataka, India – 560053.

The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Company details

CIN U27101KA1982PTC004738
Registration Number 004738
Incorporation Date 23 April 1982
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

Contact details

M I Metal Sections Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2nd Floor Rangaiah Complexb V K Iyengar Road Bangalore, Karnataka, India – 560053
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing

To see the full contact details of M I Metal Sections Private Limited, buy the company report.

Comprehensive company report
M I Metal Sections Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of M I Metal Sections Private Limited

FY 2023 filings available

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of M I Metal Sections Private Limited, buy the company report.

Board of directors of M I Metal Sections Private Limited

M I Metal Sections has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ghanshyam SankhlaManaging Director27 Jul 199234 Years 2 MonthsAs last reported
Dhirendra SankhlaDirector03 Feb 20179 Years 8 MonthsAs last reported

Auditor

M I Metal Sections Private Limited is audited by Narayan Bhat & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Narayan Bhat & CoFY 202305011S

Shareholding

The shareholding of M I Metal Sections Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M I Metal Sections Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Yes Bank Limited₹2.00 Cr
State Bank of Mysore₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jun 2018100200248Yes Bank Limited₹2 CrSatisfied
06 Mar 200680063126State Bank of Mysore₹1 CrSatisfied

To see the full charge records of M I Metal Sections Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for M I Metal Sections Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

M I Metal Sections has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

M I Metal Sections Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1

GST

M I Metal Sections has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of M I Metal Sections Private Limited, buy the company report.

Recent activity

M I Metal Sections Private Limited has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Dhirendra Sankhla ceased to be Additional Director on 23 Mar 2017.

AGM
M I Metal Sections Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
M I Metal Sections Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge registered on 28 Jun 2018 via Charge ID 100200248 with Yes Bank Limited was fully satisfied on 18 Dec 2021.
Charges
A charge registered on 06 Mar 2006 via Charge ID 80063126 with State Bank Of Mysore was fully satisfied on 24 Sep 2018.
Charges
A charge with Yes Bank Limited of Rs. 200.00 Lakh registered on 28 Jun 2018 with Charge ID 100200248 was modified on 29 Aug 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100200248 was registered on 28 Jun 2018.
Ceased
Dhirendra Sankhla ceased to be Additional Director.
Ceased
Sujaram Choudhary ceased to be Director.
Appointed
Dhirendra Sankhla was appointed as Director.
Charges
A charge with State Bank Of Mysore of Rs. 100.00 Lakh registered on 06 Mar 2006 with Charge ID 80063126 was modified on 19 Apr 2012.
Ceased
Mohanlal Bhati ceased to be Director.
Charges
A charge with State Bank Of Mysore amounted to Rs. 100.00 Lakh with Charge ID 80063126 was registered on 06 Mar 2006.

2 earlier events are in the company report.

Frequently asked questions

M I Metal Sections has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

M I Metal Sections was a private limited company based in Bangalore, Karnataka, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 April 1982 and is registered under CIN U27101KA1982PTC004738. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

M I Metal Sections was incorporated on 23 April 1982. It is registered with the Registrar of Companies, Bangalore.

M I Metal Sections had 2 directors:

The CIN (Corporate Identification Number) of M I Metal Sections is U27101KA1982PTC004738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of M I Metal Sections is at 2nd Floor Rangaiah Complexb V K Iyengar Road Bangalore, Karnataka, India – 560053.

The latest financial statements of M I Metal Sections on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

No. M I Metal Sections has 1 GST registration on record and it is cancelled or inactive.

M I Metal Sections operated in the metals and minerals industry, in the metal manufacturing and processing segment.

M I Metal Sections has 1 court case on record: 1 filed against it.