- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-30-0003082

About Maa Foundry Private Limited
Data last updated:
Maa Foundry Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27101OR2009PTC010711. Its GSTIN is 21AAFCM9645R1ZT (Odisha).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹44.5 Lakh. It is led by directors Pitabass Chhotray and Pappun Kumar Chhotray.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bb – 2 Choudhury Market Complex 1st Floor Plot No – 32 Panposh – Uditnagar – Main Road, Rourkela, Odisha, India – 769004.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.34 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Cr (net margin 7.4%) and EBITDA of ₹7.48 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 30% over five years.
The company has about 555 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.07 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
Maa Foundry Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0003082). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maafoundry.in.
Company details
Recognitions & Rankings of Maa Foundry
Contact details
Maa Foundry Private Limited's registered office is in Rourkela, Odisha. Its website is maafoundry.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBb – 2 Choudhury Market Complex 1st Floor Plot No – 32 Panposh – Uditnagar – Main Road, Rourkela, Odisha, India – 769004
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Maa Foundry Private Limited, buy the company report.
- 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
Business activity
The main business activity of Maa Foundry is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Maa Foundry Private Limited, buy the company report.
Financials of Maa Foundry Private Limited
FY 2024 filings availableMaa Foundry Private Limited reported revenue of ₹64.34 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 3% growth in the latest year. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.48 Cr | ||||
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| Net Profit (PAT) | ₹4.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Maa Foundry Private Limited, buy the company report.
Board of directors of Maa Foundry Private Limited
Maa Foundry has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pitabass Chhotray | Director | 27 Mar 2009 | 17 Years 6 Months | Current |
| Pappun Kumar Chhotray Also directs: Honesty Tie Up Private Limited, Cine Caarnival Cinemas LLP | Director | 27 Mar 2009 | 17 Years 6 Months | Current |
Peer comparison
Maa Foundry Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marotia Steel & Alloys Private Limited | ₹64.64 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Makers Casting Private Limited | ₹64.35 Cr (FY 2025) | -24.0% | Howrah, West Bengal, India | |||
| Maa Foundry Private Limitedthis company | ₹64.34 Cr (FY 2024) | ₹4.73 Cr | 7.4% | 3.0% | 555 | Rourkela, Odisha, India |
| Swastik Ispat Private Limited | ₹64.32 Cr (FY 2024) | 14.0% | Rourkela, Odisha, India | |||
| Sarvottam Alloys Private Ltd. | ₹64.17 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Dharnendra Steelmet Private Limited | ₹64.01 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Hiral Ispat Private Limited | ₹63.97 Cr (FY 2024) | 4.0% | Thane, Maharashtra, India |
To see the full peer comparison of Maa Foundry Private Limited, buy the company report.
Auditor
Maa Foundry Private Limited is audited by G. MAHAPATRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. MAHAPATRA & CO. | FY 2023 | 303056E |
Shareholding
The shareholding of Maa Foundry 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maa Foundry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101110439 | Hdfc Bank Limited | ₹52 Lakh | Open | |
| 25 Jun 2024 | 100969353 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 25 Jan 2023 | 100703296 | Hdfc Bank Limited | ₹42.99 Lakh | Open | |
| 11 May 2022 | 100577278 | Others | ₹3 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Maa Foundry Private Limited has 5 court cases on record: 3 filed by Maa Foundry, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Saravana Global Energy Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Saravana Global Energy Ltd Rep.By Its Cfo Mr.N.Srikanth | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Saravana Global Energy Ltd | Disposed |
| Madras High Court | Appeal | Filed by the company against M/S.Saravana Global Energy Limited | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Union of India and Or | Disposed |
To see the full case history of Maa Foundry Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maa Foundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maa Foundry Private Limited has a workforce of 555 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Maa Foundry has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCM9645R1ZT | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maa Foundry Private Limited, buy the company report.
Recent activity
Maa Foundry Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Pappun Kumar Chhotray was appointed as Director on 27 Mar 2009.
Frequently asked questions
Maa Foundry is an active private limited company based in Rourkela, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 March 2009 (17+ years old) and is registered under CIN U27101OR2009PTC010711.
Maa Foundry has 2 current directors:
- Pitabass Chhotray - Director
- Pappun Kumar Chhotray - Director
The latest financial statements of Maa Foundry on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maa Foundry is 21AAFCM9645R1ZT, registered in Odisha.
The CIN (Corporate Identification Number) of Maa Foundry is U27101OR2009PTC010711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Foundry has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.
Maa Foundry was incorporated on 27 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Maa Foundry by revenue are Marotia Steel & Alloys Private Limited, Makers Casting Private Limited, Swastik Ispat Private Limited, Sarvottam Alloys Private Ltd, Dharnendra Steelmet Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pappun Kumar Chhotray was appointed as Director on 27 Mar 2009. Pitabass Chhotray was appointed as Director on 27 Mar 2009.
Yes, Maa Foundry is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-30-0003082).
Maa Foundry can be reached through the website maafoundry.in. Its registered office is in Rourkela, Odisha, India.