- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0044468

About Madhusudan Ferromets Private Limited
Data last updated:
Madhusudan Ferromets Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2013PTC245713. Its GSTIN is 27AAICM7269A1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Chatararam Motaramji Dewasi and Madhav Hemaji Desai.
Its last annual general meeting (AGM) was held on 01 April 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.03 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹49.49 Lakh (net margin 1.1%) and EBITDA of ₹1.39 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending.
Madhusudan Ferromets Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0044468). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mfplmumbai.com.
Company details
Recognitions & Rankings of Madhusudan Ferromets
Contact details
Madhusudan Ferromets Private Limited's registered office is in Mumbai, Maharashtra. Its website is mfplmumbai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 2 Floor – Grd Plot – 76/78 Cooper Compound, Trimbak Parshuram Street Durgadevi Udyan 6th Kumbharwada, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Madhusudan Ferromets 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 Madhusudan Ferromets 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 Madhusudan Ferromets Private Limited, buy the company report.
Financials of Madhusudan Ferromets Private Limited
FY 2025 filings availableMadhusudan Ferromets Private Limited reported revenue of ₹45.03 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 16% growth in the latest year. EBITDA rose 37% 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 | ₹1.39 Cr | ||||
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| Net Profit (PAT) | ₹49.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Madhusudan Ferromets Private Limited, buy the company report.
Board of directors of Madhusudan Ferromets Private Limited
Madhusudan Ferromets has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chatararam Motaramji Dewasi | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Madhav Hemaji Desai | Director | 16 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Madhusudan Ferromets Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Balashri Metals Private Limited | ₹45.41 Cr (FY 2024) | -23.0% | Kolkata, West Bengal, India | |||
| SS Fastners Private Limited | ₹45.33 Cr (FY 2024) | 10.0% | Coimbatore, Tamil Nadu, India | |||
| Madhusudan Ferromets Private Limitedthis company | ₹45.03 Cr (FY 2024) | ₹49.49 Lakh | 1.1% | 16.0% | Mumbai, Maharashtra, India | |
| Neel Kanth Strips Pvt Ltd | ₹44.94 Cr (FY 2025) | -43.0% | Punjab, India | |||
| Finomax Steel Tube Private Limited | ₹44.9 Cr (FY 2025) | -4.0% | Morbi, Gujarat, India | |||
| Limbani Steel Private Limited | ₹44.76 Cr (FY 2024) | -19.0% | Umreth, Gujarat, India |
To see the full peer comparison of Madhusudan Ferromets Private Limited, buy the company report.
Auditor
Madhusudan Ferromets Private Limited is audited by M C DOSHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M C DOSHI & CO | FY 2021 | 102731W |
Shareholding
The shareholding of Madhusudan Ferromets Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madhusudan Ferromets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2015 | 10592212 | Bank of India | ₹2.6 Cr | Open |
To see the full charge records of Madhusudan Ferromets Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Madhusudan Ferromets Private Limited has 7 court cases on record: 7 filed by Madhusudan Ferromets. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against Uma Industries and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against M/S Jaichamunda Tech Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S. Atlandes Metal and Tools Industries Pvt. Ltd. and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against M/S Atlandes Metal and Tools and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
To see the full case history of Madhusudan Ferromets 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 Madhusudan Ferromets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhusudan Ferromets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM7269A1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhusudan Ferromets Private Limited, buy the company report.
Recent activity
Madhusudan Ferromets Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Chatararam Motaramji Dewasi ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Madhusudan Ferromets is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 July 2013 (13+ years old) and is registered under CIN U27310MH2013PTC245713.
Madhusudan Ferromets has 2 current directors:
- Chatararam Motaramji Dewasi - Director
- Madhav Hemaji Desai - Director
The latest financial statements of Madhusudan Ferromets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 April 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhusudan Ferromets is 27AAICM7269A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Madhusudan Ferromets is U27310MH2013PTC245713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhusudan Ferromets has 7 court cases on record: 7 filed by the company. 3 are pending.
Madhusudan Ferromets was incorporated on 16 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Madhusudan Ferromets by revenue are Balashri Metals Private Limited, SS Fastners Private Limited, Neel Kanth Strips Pvt Ltd, Finomax Steel Tube Private Limited, Limbani Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Chatararam Motaramji Dewasi ceased to be Additional Director on 29 Sep 2017. Mungidevi Madhav Desai ceased to be Director on 22 Oct 2016. Chatararam Motaramji Dewasi was appointed as Director on 21 Oct 2016. Madhusudan Ferromets has 4 board changes on record in total.
Yes, Madhusudan Ferromets is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0044468).
Madhusudan Ferromets can be reached through the website mfplmumbai.com. Its registered office is in Mumbai, Maharashtra, India.

