MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0059462
Madhuvan Iron Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹122.17 Cr
▼ 16% YoY
Net profit · FY 2025
₹3.76 Cr
Net margin 3.1%
EBITDA · FY 2025
₹5.84 Cr
EBITDA margin 4.8%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹4.85 Cr
Issued & subscribed
Open charges
₹23 Cr
Satisfied ₹63 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Madhuvan Iron Private Limited
Data last updated:
Madhuvan Iron Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jayesh Steel Private Limited. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 02 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2012PTC068452. Its GSTIN is 24AAHCM6694E1Z9 (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹4.85 Cr. It is led by directors Jignesh Pravinchandra Shah and Jayesh Pravinchandra Shah.
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 801 Maple Trade Centre Nr. Surdhara Circle Sal Hospital Road Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹122.17 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.76 Cr (net margin 3.1%) and EBITDA of ₹5.84 Cr (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹63 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending.
Madhuvan Iron Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0059462). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhuvaniron.com.
Company details
CIN U27310GJ2012PTC068452
Registration Number 068452
Incorporation Date 02 January 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Jayesh Steel Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0059462
Recognitions & Rankings of Madhuvan Iron
Contact details
Madhuvan Iron Private Limited's registered office is in Ahmedabad, Gujarat. Its website is madhuvaniron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address801 Maple Trade Centre Nr. Surdhara Circle Sal Hospital Road Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Madhuvan Iron Private Limited, buy the company report.
Comprehensive company report
Madhuvan Iron 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 Madhuvan Iron is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Madhuvan Iron Private Limited, buy the company report.
Financials of Madhuvan Iron Private Limited
FY 2024 filings availableMadhuvan Iron Private Limited reported revenue of ₹122.17 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹122.17 Cr ▼ 16%
Net profit · FY 2025
₹3.76 Cr margin 3.1%
EBITDA · FY 2025
₹5.84 Cr margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 11%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 44%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 16% fall in the latest year. EBITDA fell 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.76 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 Madhuvan Iron Private Limited, buy the company report.
Board of directors of Madhuvan Iron Private Limited
Madhuvan Iron has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Pravinchandra Shah | Director | 02 Jan 2012 | 14 Years 10 Months | Current |
| Jayesh Pravinchandra Shah Also directs: Jayesh Steel Private Limited, Pravinbhai Puranraj Sthanakvasi Foundation, Pravinbhai Lokhandwala Foundation and 1 more | Director | 04 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Madhuvan Iron Private Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanjar Steel Private Limited | ₹123.96 Cr (FY 2016) | Saki Naka Andheri East, Maharashtra, India | ||||
| A S Ferrum Private Limited | ₹123.38 Cr (FY 2025) | 45.0% | New Delhi, Delhi, India | |||
| Affluence Engineering and Enterprises Limited | ₹123.16 Cr (FY 2020) | 404.0% | Hyderabad, Telangana, India | |||
| Kalyan Iron and Steel Private Limited | ₹122.76 Cr (FY 2025) | 42.0% | Indore, Madhya Pradesh, India | |||
| Vibrant Global Trading Private Limited | ₹122.57 Cr (FY 2025) | 148.0% | Mumbai, Maharashtra, India | |||
| Madhuvan Iron Private Limitedthis company | ₹122.17 Cr (FY 2025) | ₹3.76 Cr | 3.1% | -16.0% | Ahmedabad, Gujarat, India | |
| MV Super Alloys Private Limited | ₹121.86 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Madhav KRG Re Cyclers Private Limited | ₹121.6 Cr (FY 2025) | 70.0% | Mandi Gobindgarh, Punjab, India | |||
| Glade Mineral Resources Private Limited | ₹121.41 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| Enpar Steels Private Limited | ₹120.68 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Madhuvan Iron Private Limited, buy the company report.
Auditor
Madhuvan Iron Private Limited is audited by Bhadresh Dipan &Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhadresh Dipan &Associates | FY 2023 | 116006W |
Shareholding
The shareholding of Madhuvan Iron 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 Madhuvan Iron Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23 Cr
Satisfied charges
₹63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2020 | 100350426 | Others | ₹23 Cr | Satisfied | |
| 04 Dec 2017 | 100160141 | Hdfc Bank Limited | ₹20 Cr | Satisfied | |
| 18 Dec 2012 | 10400172 | Standard Chartered Bank | ₹20 Cr | Satisfied |
To see the full charge records of Madhuvan Iron Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Madhuvan Iron Private Limited has 7 court cases on record: 5 filed by Madhuvan Iron, 2 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 2 | 2 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Real Boilers Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ishan Equipments Pvt Ltd -Ashvin K Panchal | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against M/S Saideep Enterprises and 1 other | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax-2 | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax-2 | Pending |
To see the full case history of Madhuvan Iron 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 Madhuvan Iron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhuvan Iron has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM6694E1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhuvan Iron Private Limited, buy the company report.
Recent activity
Madhuvan Iron Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Pravinchandra Kasturchand Shah ceased to be Director on 27 Apr 2022.
Charges
A charge registered on 23 Jun 2020 via Charge ID 100350426 with Others was fully satisfied on 28 Jan 2025.
AGM
Madhuvan Iron Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Madhuvan Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 04 Dec 2017 via Charge ID 100160141 with Hdfc Bank Limited was fully satisfied on 19 May 2022.
Ceased
Pravinchandra Kasturchand Shah ceased to be Director.
Charges
A charge registered on 18 Dec 2012 via Charge ID 10400172 with Standard Chartered Bank was fully satisfied on 16 Jul 2020.
Charges
A charge with Others amounted to Rs. 23.00 Cr with Charge ID 100350426 was registered on 23 Jun 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100160141 was registered on 04 Dec 2017.
Ceased
Jayesh Pravinchandra Shah ceased to be Additional Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 20.00 Cr with Charge ID 10400172 was registered on 18 Dec 2012.
Appointed
Jayesh Pravinchandra Shah was appointed as Director.
Appointed
Jignesh Pravinchandra Shah was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Madhuvan Iron is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 02 January 2012 (14+ years old) and is registered under CIN U27310GJ2012PTC068452.
Madhuvan Iron has 2 current directors:
- Jignesh Pravinchandra Shah - Director
- Jayesh Pravinchandra Shah - Director
The latest financial statements of Madhuvan Iron 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 Madhuvan Iron is 24AAHCM6694E1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Madhuvan Iron is U27310GJ2012PTC068452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhuvan Iron has 7 court cases on record: 5 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Madhuvan Iron was incorporated on 02 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Madhuvan Iron by revenue are Sanjar Steel Private Limited, A S Ferrum Private Limited, Affluence Engineering and Enterprises Limited, Kalyan Iron and Steel Private Limited, Vibrant Global Trading Private Limited and 4 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Pravinchandra Kasturchand Shah ceased to be Director on 27 Apr 2022. Jayesh Pravinchandra Shah ceased to be Additional Director on 29 Sep 2017. Jayesh Pravinchandra Shah was appointed as Director on 04 Apr 2012. Madhuvan Iron has 4 board changes on record in total.
Yes, Madhuvan Iron is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0059462).
Madhuvan Iron can be reached through the website madhuvaniron.com. Its registered office is in Ahmedabad, Gujarat, India.
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