Maa Mangla Ispat Private Limited

Maa Mangla Ispat Private Limited - metals and minerals in Rourkela, Odisha, India. FY 2026 financials & compliance.
CIN U27102OR2004PTC007631 Incorporated 08 June 2004 ROC Cuttack HQ Rourkela, Odisha, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹249.68 Cr
▲ 43% YoY
Net profit · FY 2025
₹15.98 Cr
Net margin 6.4%
EBITDA · FY 2025
₹34.19 Cr
EBITDA margin 13.7%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹15.77 Cr
Issued & subscribed
Open charges
₹281.7 Cr
Satisfied ₹430.57 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
106
Provident fund records

About Maa Mangla Ispat Private Limited

Data last updated:

Maa Mangla Ispat Private Limited is a private limited company based in Rourkela, Odisha, India, a subsidiary of B R Sponge And Power Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 June 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2004PTC007631. Its GSTIN is 21AADCM9449H3ZC (Odisha). The company holds 5 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹15.77 Cr. It is led by directors including Vivek Khemka and Dolly Prasad.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 11 2nd Floor Meridien Tower Uditnagar, Rourkela, Odisha, India – 769012.

As per the financials filed for FY 2025, the company reported a revenue of ₹249.68 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹15.98 Cr (net margin 6.4%) and EBITDA of ₹34.19 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 17% over five years.

The company has about 106 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹281.7 Cr and satisfied charges of ₹430.57 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it. The company has 48 deals on record (40 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹23.58 Cr; the latest was in March 2017. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Varun Steel Castings Pvt Ltd with revenue of ₹250.67 Cr.

Maa Mangla Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-13-0000081). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27102OR2004PTC007631
Registration Number 007631
Incorporation Date 08 June 2004
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company B R Sponge And Power Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-13-0000081
Key People
Rohit Kumar Agarwal Ceo Shashank Garg Cfo Vivek Khemka Director

Recognitions & Rankings of Maa Mangla Ispat

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-CG-13-0000081

Contact details

Maa Mangla Ispat Private Limited's registered office is in Rourkela, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 11 2nd Floor Meridien Tower Uditnagar, Rourkela, Odisha, India – 769012
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Maa Mangla Ispat Private Limited, buy the company report.

Comprehensive company report
Maa Mangla Ispat 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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Business activity

The main business activity of Maa Mangla Ispat is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Maa Mangla Ispat Private Limited, buy the company report.

Financials of Maa Mangla Ispat Private Limited

FY 2025 filings available

Maa Mangla Ispat Private Limited reported revenue of ₹249.68 Cr (up 43% YoY) for FY 2025.

Revenue · FY 2025
₹249.68 Cr ▲ 43%
Net profit · FY 2025
₹15.98 Cr margin 6.4%
EBITDA · FY 2025
₹34.19 Cr margin 13.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 9%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 8%
5 years · compounded
▲ 37%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 43% growth in the latest year. EBITDA fell 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹34.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.98 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.7%
Net Profit Margin6.4%
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 Maa Mangla Ispat Private Limited, buy the company report.

Board of directors and KMP of Maa Mangla Ispat Private Limited

Maa Mangla Ispat Private Limited currently reports 5 directors and 2 key managerial personnel. 14 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Rohit Kumar Agarwal
Also directs: B R Refinery LLP, Rja Constructions LLP, Jute & Stores Ltd
Ceo01 Jan 20179 Years 10 MonthsCurrent
Shashank Garg
Also directs: B R Refinery LLP, B R Sponge and Power Limited, Maa Shakambari Steel Limited and 2 more
Cfo31 May 20242 Years 5 MonthsCurrent
Vivek Khemka
Also directs: B R Refinery LLP, B R Sponge and Power Limited, Maa Shakambari Steel Limited and 1 more
Director01 Sep 20224 Years 2 MonthsCurrent
Dolly Prasad
Also directs: B R Sponge and Power Limited, Maa Shakambari Steel Limited, Pawanjay Sponge Iron Limited and 2 more
Director31 May 20242 Years 5 MonthsCurrent
Siba Sankar NayakDirector15 Jul 20215 Years 3 MonthsCurrent
Mansi Mehta
Also directs: B R Sponge and Power Limited, Maa Shakambari Steel Limited, Pawanjay Sponge Iron Limited and 2 more
Director31 May 20242 Years 5 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Peer comparison

Maa Mangla Ispat Private Limited is compared with the 9 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Varun Steel Castings Pvt Ltd₹250.67 Cr (FY 2025)-11.0%Punjab, India
Gravity Iron and Power Private Limited₹250.33 Cr (FY 2025)96963.0%Raipur, Chhattisgarh, India
Sharu Steels Private Limited₹250.28 Cr (FY 2025)10.0%Ludhiana, Punjab, India
Prakash Re-Rollers Private Limited₹249.94 Cr (FY 2025)10.0%Bhavnagar, Gujarat, India
Sarwottam Strips Private Limited₹249.81 Cr (FY 2025)44.0%Raipur, Chhattisgarh, India
Maa Mangla Ispat Private Limitedthis company₹249.68 Cr (FY 2025)₹15.98 Cr6.4%43.0%106Rourkela, Odisha, India
Divyansh Steel Private Limited₹249.65 Cr (FY 2025)11.0%Nagpur, Maharashtra, India
Alaknanda Metals Private Limited₹249.65 Cr (FY 2024)25.0%Patna, Bihar, India
Jindal Rolling Mills Private Limited₹247.89 Cr (FY 2025)3.0%Haryana, India
Maa Shakambari Steel Limited₹247.34 Cr (FY 2025)13.0%Kolkata, West Bengal, India

To see the full peer comparison of Maa Mangla Ispat Private Limited, buy the company report.

Auditor

Maa Mangla Ispat Private Limited is audited by R. GOPAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R. GOPAL & ASSOCIATESFY 2023000846C

Shareholding

The shareholding of Maa Mangla Ispat 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 Maa Mangla Ispat Private Limited, buy the company report.

Charges & borrowings

Open charges
₹281.7 Cr
Satisfied charges
₹430.57 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹147.91 Cr
Uco Bank₹130.00 Cr
Hdfc Bank Limited₹1.98 Cr
Others₹1.22 Cr
State Bank of India₹0.59 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Aug 2025101143911Others₹10 LakhOpen
03 Jul 2025101130968Others₹30.65 LakhOpen
19 Jun 2025101113105Hdfc Bank Limited₹12.63 LakhOpen
30 Dec 2024101031052Hdfc Bank Limited₹18.44 LakhOpen
19 Oct 2024101000499State Bank of India₹24.5 LakhOpen

To see the full charge records of Maa Mangla Ispat Private Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Maa Mangla Ispat Private Limited has 48 deals on record (40 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹23.58 Cr; the latest was in March 2017.

Total deals
48
Secondary share transfers
40
Funding rounds
7
Rights issue
1
Disclosed funding
₹23.58 Cr

Deals on record (5 of 48)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: Gaba Software Solutions Private Limited
Seller: Pallavi Merchants Private Limited
Mar 2017Rights issue₹7.67 CrInvestors: Pallavi Merchants Private Limited
Mar 2016Secondary share transferUndisclosedBuyer: B R Sponge and Power Limited , an individual
Seller: Agarwal Brick Works Pvt Ltd , Hanuman Kedaria (Huf), 2 individuals
Mar 2014Funding round₹1.78 CrInvestors: Ravi Metallics Limited
Mar 2013Funding round₹2.11 CrInvestors: Agarwal Brick Works Pvt Ltd

To see the full deal history of Maa Mangla Ispat Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Maa Mangla Ispat Private Limited was last rated by Crisil on 18 Feb 2020.

Rating agencyRated onRating
Crisil18 Feb 2020

To see the full credit ratings and regulatory alerts of Maa Mangla Ispat Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maa Mangla Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Maa Mangla Ispat 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

Maa Mangla Ispat Private Limited has a workforce of 106 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
106
Active EPFO establishments
1
Employee growth
1.92%

GST

Maa Mangla Ispat has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
21AADCM9449H3ZCOdishaActive11 Jul 2022
22AADCM9449H2ZBChattisgarhActive01 Jul 2017

To see the full GST registrations and return filing status of Maa Mangla Ispat Private Limited, buy the company report.

Recent activity

Maa Mangla Ispat Private Limited has 21 board changes on record since 2007: 7 appointments and 14 cessations. The latest: Dolly Prasad was appointed as Director on 31 May 2024.

AGM
Maa Mangla Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101143911 was registered on 05 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101130968 was registered on 03 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101113105 was registered on 19 Jun 2025.
Filing
Maa Mangla Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 147.91 Cr registered on 10 Mar 2023 with Charge ID 100690974 was modified on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101031052 was registered on 30 Dec 2024.
Charges
A charge with State Bank Of India amounted to Rs. 0.25 Cr with Charge ID 101000499 was registered on 19 Oct 2024.
Charges
A charge with Uco Bank amounted to Rs. 130.00 Cr with Charge ID 100959878 was registered on 26 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100990857 was registered on 10 Jul 2024.
Appointed
Dolly Prasad was appointed as Director.
Appointed
Mansi Mehta was appointed as Director.

38 earlier events are in the company report.

Frequently asked questions

Maa Mangla Ispat 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 08 June 2004 (22+ years old) and is registered under CIN U27102OR2004PTC007631.

Maa Mangla Ispat has 7 current directors and KMP:

The latest financial statements of Maa Mangla Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Maa Mangla Ispat is 21AADCM9449H3ZC, registered in Odisha. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 22AADCM9449H2ZB (Chattisgarh).

The CIN (Corporate Identification Number) of Maa Mangla Ispat is U27102OR2004PTC007631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maa Mangla Ispat has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the high courts.

Maa Mangla Ispat was incorporated on 08 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Cuttack.

Maa Mangla Ispat has 48 deals on record (40 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹23.58 Cr; the latest was in March 2017.

The peers of Maa Mangla Ispat by revenue are Varun Steel Castings Pvt Ltd, Gravity Iron and Power Private Limited, Sharu Steels Private Limited, Prakash Re-Rollers Private Limited, Sarwottam Strips Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Dolly Prasad was appointed as Director on 31 May 2024. Mansi Mehta was appointed as Director on 31 May 2024. Shashank Garg was appointed as CFO on 31 May 2024. Maa Mangla Ispat has 21 board changes on record in total.

Yes, Maa Mangla Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-13-0000081).