About Mahalaxmi Seamless Limited
Data last updated: 13 July 2026
Mahalaxmi Seamless Limited is a public limited company based in Dist Raigad, Maharashtra, India. It specialises in pipe and tubes, a part of the broader manufacturing sector. Incorporated on 23 April 1991, the company has been in operation for over 35 years.
Registered with ROC Mumbai under CIN L93000MH1991PLC061347. Listed on BSE: 513460.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.28 Cr. It is led by directors including Mala Sharma and Chandrashekar Rajaram Kulkarni.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Pipenagar (Sukeli)Via Nagothane Taluka Roha, Dist Raigad, Maharashtra, India – 402126.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹1.89 Cr, a growth of 1.34% compared to the previous year. Total assets are valued at ₹3.01 Cr (up 1.08% YoY).
The company has a workforce of approximately 2 employees as per the latest available data.
The company is associated with 1 brand - Spider Financial Services. As per MCA filings, the company has open charges of ₹25.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahalaxmitubes.com.
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Registered AddressPipenagar (Sukeli)Via Nagothane Taluka Roha, Dist Raigad, Maharashtra, India – 402126
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IndustryManufacturing, Pipe & Tubes
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited has one previous CIN (Corporate Identification Number): L27108MH1991PLC061347. The current CIN is L93000MH1991PLC061347, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L93000MH1991PLC061347 | Current |
| L27108MH1991PLC061347 | Previous |
Associated Brands with Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited operates one associated brand: Spider Financial Services. These brands represent Mahalaxmi Seamless Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online betting platform | mahalaxmitubes.com |
Business Activity of Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Mahalaxmi Seamless Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited is audited by M/S AGRAWAL JAIN & GUPTA (ICAI peer reviewed, certificate valid till 2026-08-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/S AGRAWAL JAIN & GUPTA (ICAI peer reviewed, certificate valid till 2026-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mala Sharma | Whole-Time Director | 31 Jan 2010 | 16 Years 7 Months | Current |
| Chandrashekar Rajaram Kulkarni | Director | 20 Apr 2008 | 18 Years 4 Months | Current |
|
Vivek Madhavprasad Jalan
Also directs:
Customate Systems Opc Private Limited
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Managing Director | 26 Dec 2003 | 22 Years 8 Months | Current |
| Aditya Kumar Moda | Director | 12 Feb 2020 | 6 Years 7 Months | Current |
| Madhavprasad Govindram Jalan | Whole-Time Director | 15 Jul 2021 | 5 Years 2 Months | Current |
| Elangovan Ramnathan | Additional Director | 13 Nov 2025 | 0 Years 10 Months | Current |
Financials of Mahalaxmi Seamless Limited FY 2026 filings available
Mahalaxmi Seamless Limited reported revenue of ₹1.89 Cr (up 1.34% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.89 Cr | ₹1.86 Cr | ₹1.84 Cr | ₹2.02 Cr | ₹2.02 Cr | ₹1.91 Cr | ₹1.87 Cr | ₹1.87 Cr |
| Other Income | ₹2.27 Lakh | ₹3.09 Lakh | ₹4.33 Lakh | ₹13.15 Lakh | ₹13.15 Lakh | ₹32.63 Lakh | ₹27.8 Lakh | ₹11.17 Lakh |
| Total Income | ₹1.91 Cr | ₹1.89 Cr | ₹1.89 Cr | ₹2.15 Cr | ₹2.15 Cr | ₹2.24 Cr | ₹2.15 Cr | ₹1.99 Cr |
| Cost of Materials Consumed | ₹0 | ₹4.06 Lakh | ₹0 | ₹6.99 Lakh | ₹6.99 Lakh | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.25 Cr | ₹78.96 Lakh | ₹75.05 Lakh | ₹65.47 Lakh | ₹65.47 Lakh | ₹73.21 Lakh | ₹77.87 Lakh | ₹78.57 Lakh |
| Finance Costs | ₹20.93 Lakh | ₹20.73 Lakh | ₹9.87 Lakh | ₹18.72 Lakh | ₹18.72 Lakh | ₹46.08 Lakh | ₹42.55 Lakh | ₹30.16 Lakh |
| Depreciation & Amortisation | ₹19.71 Lakh | ₹35.97 Lakh | ₹44.29 Lakh | ₹51.62 Lakh | ₹51.62 Lakh | ₹55.01 Lakh | ₹57.66 Lakh | ₹60.2 Lakh |
| Other Expenses | ₹35.05 Lakh | ₹30.32 Lakh | ₹34.89 Lakh | ₹27.32 Lakh | ₹27.33 Lakh | ₹23.82 Lakh | ₹47.14 Lakh | ₹43.02 Lakh |
| Total Expenses | ₹2.01 Cr | ₹1.7 Cr | ₹1.64 Cr | ₹1.7 Cr | ₹1.7 Cr | ₹1.98 Cr | ₹2.25 Cr | ₹2.12 Cr |
| Profit Before Exceptional Items & Tax | -₹9.45 Lakh | ₹19.37 Lakh | ₹24.71 Lakh | ₹45.17 Lakh | ₹45.16 Lakh | ₹25.74 Lakh | -₹10.24 Lakh | -₹13.45 Lakh |
| Exceptional Items | ₹0 | ₹0 | -₹1.57 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9.45 Lakh | ₹19.37 Lakh | -₹1.32 Cr | ₹45.17 Lakh | ₹45.16 Lakh | ₹25.74 Lakh | -₹10.24 Lakh | -₹13.45 Lakh |
| Total Tax Expense | -₹2.11 Lakh | -₹6.11 Lakh | -₹8.13 Lakh | -₹8.9 Lakh | -₹8.9 Lakh | -₹14.48 Lakh | -₹1.16 Lakh | -₹4.36 Lakh |
| Net Profit | -₹7.34 Lakh | ₹25.48 Lakh | -₹1.24 Cr | ₹54.07 Lakh | ₹54.06 Lakh | ₹40.22 Lakh | -₹9.08 Lakh | -₹9.09 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹7.34 Lakh | ₹25.48 Lakh | -₹1.24 Cr | ₹54.07 Lakh | ₹54.06 Lakh | ₹40.22 Lakh | -₹9.08 Lakh | -₹9.09 Lakh |
| EBITDA (computed) | ₹31.19 Lakh | ₹76.07 Lakh | ₹78.87 Lakh | ₹1.16 Cr | ₹1.16 Cr | ₹1.27 Cr | ₹89.97 Lakh | ₹76.91 Lakh |
| Basic EPS | ₹-0.14 | ₹0.48 | ₹-2.35 | ₹1.02 | ₹1.02 | ₹0.76 | ₹0.17 | ₹0.17 |
| Diluted EPS | ₹-0.14 | ₹0.48 | ₹-2.35 | ₹1.02 | ₹1.02 | ₹0.76 | ₹0.17 | ₹0.17 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹3.01 Cr | ₹2.98 Cr | ₹3.15 Cr | ₹4.1 Cr | ₹4.33 Cr | ₹7.21 Cr | ₹7.56 Cr | ₹8.63 Cr |
| Non-current Assets | ₹2.15 Cr | ₹2.3 Cr | ₹2.51 Cr | ₹3.44 Cr | ₹3.93 Cr | ₹6.86 Cr | ₹7.23 Cr | ₹8.38 Cr |
| Current Assets | ₹86.3 Lakh | ₹67.44 Lakh | ₹64.33 Lakh | ₹66.23 Lakh | ₹40.1 Lakh | ₹35.31 Lakh | ₹32.37 Lakh | ₹24.18 Lakh |
| Property, Plant & Equipment | ₹20.51 Lakh | ₹28.06 Lakh | ₹18.67 Lakh | ₹24.45 Lakh | ₹14.04 Lakh | ₹15.74 Lakh | ₹18.26 Lakh | ₹21.6 Lakh |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹16.48 Lakh | ₹16.36 Lakh | ₹4.13 Lakh | ₹4.71 Lakh | ₹19.48 Lakh | ₹21.73 Lakh | ₹17.46 Lakh | ₹15.83 Lakh |
| Cash & Equivalents | ₹10.77 Lakh | ₹3.56 Lakh | ₹13.58 Lakh | ₹17.71 Lakh | ₹19.22 Lakh | ₹9.24 Lakh | ₹8.61 Lakh | ₹72,000 |
| Equity (Net Worth) | -₹54.22 Lakh | -₹46.88 Lakh | -₹72.36 Lakh | ₹52 Lakh | ₹13.27 Lakh | -₹40.79 Lakh | -₹81.02 Lakh | -₹71.94 Lakh |
| Equity Share Capital | ₹5.28 Cr | ₹5.28 Cr | ₹5.28 Cr | ₹5.28 Cr | ₹5.28 Cr | ₹5.28 Cr | ₹5.28 Cr | ₹5.29 Cr |
| Borrowings (Non-current) | ₹23.52 Lakh | ₹52.85 Lakh | ₹1.01 Cr | ₹1.28 Cr | ₹1.63 Cr | ₹4.31 Cr | ₹4.86 Cr | ₹5.33 Cr |
| Borrowings (Current) | ₹82.35 Lakh | ₹87.66 Lakh | ₹52.5 Lakh | ₹8.19 Lakh | ₹9.34 Lakh | ₹10.67 Lakh | ₹4.42 Lakh | ₹42.37 Lakh |
| Total Debt (computed) | ₹1.06 Cr | ₹1.41 Cr | ₹1.54 Cr | ₹1.36 Cr | ₹1.73 Cr | ₹4.42 Cr | ₹4.9 Cr | ₹5.75 Cr |
| Current Liabilities | ₹2.05 Cr | ₹2.13 Cr | ₹2.01 Cr | ₹1.04 Cr | ₹57.33 Lakh | ₹1.15 Cr | ₹1.21 Cr | ₹1.7 Cr |
| Total Liabilities | ₹3.55 Cr | ₹3.45 Cr | ₹3.87 Cr | ₹3.58 Cr | ₹4.19 Cr | ₹7.62 Cr | ₹8.37 Cr | ₹9.35 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹76.18 Lakh | ₹37.41 Lakh | -₹61.49 Lakh | ₹1.7 Cr | ₹59.96 Lakh |
| Investing Cash Flow | -₹20.48 Lakh | -₹31.45 Lakh | ₹53.09 Lakh | ₹5.75 Lakh | ₹2.48 Cr |
| Financing Cash Flow | -₹55.57 Lakh | -₹33.76 Lakh | ₹7.39 Lakh | -₹1.15 Cr | -₹2.98 Cr |
| Capital Expenditure | ₹55,000 | ₹20.2 Lakh | ₹64,000 | ₹14.87 Lakh | ₹68,000 |
| Free Cash Flow (computed) | ₹75.63 Lakh | ₹17.21 Lakh | -₹62.13 Lakh | ₹1.55 Cr | ₹59.28 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹13,000 | -₹27.8 Lakh | -₹1.01 Lakh | ₹60.69 Lakh | ₹9.98 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹50.54 Lakh | ₹47.84 Lakh | ₹45.28 Lakh | ₹45.16 Lakh | ₹47.1 Lakh | ₹49.06 Lakh | ₹45 Lakh |
| Other Income | ₹49,000 | ₹59,000 | ₹60,000 | ₹59,000 | ₹14,000 | ₹64,000 | ₹2.24 Lakh |
| Total Income | ₹51.03 Lakh | ₹48.43 Lakh | ₹45.88 Lakh | ₹45.75 Lakh | ₹47.24 Lakh | ₹49.7 Lakh | ₹47.24 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹10,000 | ₹3.96 Lakh | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹67.98 Lakh | ₹20.89 Lakh | ₹18.36 Lakh | ₹17.62 Lakh | ₹21.16 Lakh | ₹19.36 Lakh | ₹18.99 Lakh |
| Finance Costs | ₹6.91 Lakh | ₹4.73 Lakh | ₹4.66 Lakh | ₹4.63 Lakh | ₹4.88 Lakh | ₹5.44 Lakh | ₹5.41 Lakh |
| Depreciation & Amortisation | ₹5.1 Lakh | ₹4.89 Lakh | ₹2.61 Lakh | ₹7.11 Lakh | ₹10.14 Lakh | ₹8.43 Lakh | ₹8.43 Lakh |
| Other Expenses | ₹8.72 Lakh | ₹11.94 Lakh | ₹9.36 Lakh | ₹5.03 Lakh | ₹7.62 Lakh | ₹7.21 Lakh | ₹7.22 Lakh |
| Total Expenses | ₹88.71 Lakh | ₹42.45 Lakh | ₹34.99 Lakh | ₹34.39 Lakh | ₹43.9 Lakh | ₹44.4 Lakh | ₹40.05 Lakh |
| Profit Before Exceptional Items & Tax | -₹37.68 Lakh | ₹5.98 Lakh | ₹10.89 Lakh | ₹11.36 Lakh | ₹3.34 Lakh | ₹5.3 Lakh | ₹7.19 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹37.68 Lakh | ₹5.98 Lakh | ₹10.89 Lakh | ₹11.36 Lakh | ₹3.34 Lakh | ₹5.3 Lakh | ₹7.19 Lakh |
| Total Tax Expense | -₹4.65 Lakh | -₹27,000 | ₹83,000 | ₹1.98 Lakh | -₹80,000 | -₹89,000 | -₹85,000 |
| Net Profit | -₹33.03 Lakh | ₹6.25 Lakh | ₹10.06 Lakh | ₹9.38 Lakh | ₹4.14 Lakh | ₹6.19 Lakh | ₹8.04 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹33.03 Lakh | ₹6.25 Lakh | ₹10.06 Lakh | ₹9.38 Lakh | ₹4.14 Lakh | ₹6.19 Lakh | ₹8.04 Lakh |
| EBITDA (computed) | -₹25.67 Lakh | ₹15.6 Lakh | ₹18.16 Lakh | ₹23.1 Lakh | ₹18.36 Lakh | ₹19.17 Lakh | ₹21.03 Lakh |
| Basic EPS | ₹-0.63 | ₹0.12 | ₹0.19 | ₹0.18 | ₹0.08 | ₹0.12 | ₹0.15 |
| Diluted EPS | ₹-0.63 | ₹0.12 | ₹0.19 | ₹0.18 | ₹0.08 | ₹0.12 | ₹0.15 |
Shareholding Pattern of Mahalaxmi Seamless Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 45.84%, retail and other public shareholders hold 54.16% of Mahalaxmi Seamless Limited. The company had 5,636 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 45.84% | 45.84% | 45.84% | 45.84% | 45.84% | 45.84% |
| Public | 54.16% | 54.16% | 54.16% | 54.16% | 54.16% | 54.16% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 45.84% | 45.84% | 45.84% |
| Public | 54.16% | 54.16% | 54.16% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Mahalaxmi Seamless Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2024 | Hdfc Bank Limited | ₹18.63 Lakh | Open |
| 23 Mar 2018 | Others | ₹4.25 Cr | Open |
| 30 Mar 2007 | Oriental Bank of Commerce | ₹2 Cr | Open |
| 24 May 2005 | Oriental Bank of Commerce | ₹9.5 Cr | Open |
| 29 Dec 1993 | Oriental Bank of Commerce | ₹9.5 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited has a workforce of 2 employees as of Apr 08, 2024.
Employee and EPFO history for Mahalaxmi Seamless Limited
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GST Compliance of Mahalaxmi Seamless Limited
GST registrations and filing compliance for Mahalaxmi Seamless Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mahalaxmi Seamless Limited
Credit ratings, litigation, and regulatory alerts for Mahalaxmi Seamless Limited
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MSME Payment Delays by Mahalaxmi Seamless Limited
MSME payment history for Mahalaxmi Seamless Limited
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Subsidiaries & Group Companies of Mahalaxmi Seamless Limited
Corporate group structure for Mahalaxmi Seamless Limited
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MCA Filings & Documents of Mahalaxmi Seamless Limited
MCA filings and documents for Mahalaxmi Seamless Limited
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Recent Activity on Mahalaxmi Seamless Limited
Frequently Asked Questions about Mahalaxmi Seamless Limited
Mahalaxmi Seamless Limited is an active public limited company in the manufacturing sector based in Dist Raigad, Maharashtra, India. It was incorporated on 23 April 1991 (35+ years old) and is registered under CIN L93000MH1991PLC061347. Listed on BSE: 513460. The company has 2 employees.
Mahalaxmi Seamless Limited reported revenue of ₹1.89 Cr for FY 2026 (up 1.34% YoY) based on standalone BSE filings.
The current directors of Mahalaxmi Seamless Limited are:
- Mala Sharma - Whole-Time Director
- Chandrashekar Rajaram Kulkarni - Director
- Vivek Madhavprasad Jalan - Managing Director
- Aditya Kumar Moda - Director
- Madhavprasad Govindram Jalan - Whole-Time Director
- Elangovan Ramnathan - Additional Director
The primary industry of Mahalaxmi Seamless Limited is manufacturing. The company specifically operates in pipe and tubes. The company is currently active in this sector.
Yes. Mahalaxmi Seamless Limited is listed on BSE with code 513460.
Mahalaxmi Seamless Limited can be reached at the registered office: Pipenagar SukeliVia Nagothane Taluka Roha, Dist Raigad, Maharashtra, India – 402126, or through the website mahalaxmitubes.com.