MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CG-14-0016052
Mahamaya Sponge Iron Private Limited
Mahamaya Sponge Iron Private Limited - metals and minerals in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹246.92 Cr
▲ 92% YoY
Net profit · FY 2025
₹2.95 Cr
Net margin 1.2%
EBITDA · FY 2025
₹9.61 Cr
EBITDA margin 3.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.59 Cr
Issued & subscribed
Open charges
₹108.02 Cr
Satisfied ₹23.89 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
53
Provident fund records
About Mahamaya Sponge Iron Private Limited
Data last updated:
Mahamaya Sponge Iron Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27310CT2000PTC002086. Its GSTIN is 22AADCM3388H2ZH (Chattisgarh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.59 Cr. It was formerly known as Maharnaya Food and Agron Pvt Ltd. It is led by directors Vipin Kumar Aggarwal and Ritu Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.21 – 22 Phase – 1 Siltara Industrial Area, Raipur, Chhattisgarh, India – 493111.
As per the financials filed for FY 2025, the company reported a revenue of ₹246.92 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Cr (net margin 1.2%) and EBITDA of ₹9.61 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 33% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹108.02 Cr and satisfied charges of ₹23.89 Cr on record.
Mahamaya Sponge Iron Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0016052). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27310CT2000PTC002086
Registration Number 002086
Incorporation Date 20 April 2000
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-14-0016052
CIN history
Mahamaya Sponge Iron has one previous CIN (Corporate Identification Number): U27310WB2000PTC091754. The current CIN is U27310CT2000PTC002086, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310CT2000PTC002086 | Current |
| U27310WB2000PTC091754 | Previous |
Recognitions & Rankings of Mahamaya Sponge Iron
Contact details
Mahamaya Sponge Iron Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.21 – 22 Phase – 1 Siltara Industrial Area, Raipur, Chhattisgarh, India – 493111
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Materials Retail & Distribution
To see the full contact details of Mahamaya Sponge Iron Private Limited, buy the company report.
Comprehensive company report
Mahamaya Sponge 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 Mahamaya Sponge Iron 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 Mahamaya Sponge Iron Private Limited, buy the company report.
Financials of Mahamaya Sponge Iron Private Limited
FY 2024 filings availableMahamaya Sponge Iron Private Limited reported revenue of ₹246.92 Cr (up 92% YoY) for FY 2025.
Revenue · FY 2025
₹246.92 Cr ▲ 92%
Net profit · FY 2025
₹2.95 Cr margin 1.2%
EBITDA · FY 2025
₹9.61 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 21%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 48%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 92% growth in the latest year. EBITDA rose 27% 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 | ₹9.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.95 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 | 3.9% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Mahamaya Sponge Iron Private Limited, buy the company report.
Board of directors of Mahamaya Sponge Iron Private Limited
Mahamaya Sponge Iron has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Kumar Aggarwal Also directs: Pushpganga Minerals LLP, Deep Tech Growth Consultants LLP, Hindustan Landworks LLP and 5 more | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
| Ritu Aggarwal Also directs: Pushpganga Minerals LLP, Hindustan Luxury Limited, Hind Pharma Care (India) Private Limited and 1 more | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Mahamaya Sponge Iron Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| 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 | |||
| Mahamaya Sponge Iron Private Limitedthis company | ₹246.92 Cr (FY 2025) | ₹2.95 Cr | 1.2% | 92.0% | 53 | Raipur, Chhattisgarh, India |
| Panesar Steel and Power Limited | ₹246.87 Cr (FY 2024) | 18.0% | Orissa Sundargarh, Odisha, India | |||
| Nilanjan Iron Private Limited | ₹246.85 Cr (FY 2025) | -6.0% | Margao, Goa, India | |||
| Shree Radhey Radhey Ispat Private Limited | ₹245.95 Cr (FY 2025) | -40.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Mahamaya Sponge Iron Private Limited, buy the company report.
Shareholding
The shareholding of Mahamaya Sponge 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 Mahamaya Sponge Iron Private Limited, buy the company report.
Charges & borrowings
Open charges
₹108.02 Cr
Satisfied charges
₹23.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2025 | 101186162 | Hdfc Bank Limited | ₹1.98 Cr | Open | |
| 13 Aug 2025 | 101156501 | Others | ₹9.9 Cr | Open | |
| 13 Aug 2025 | 101156495 | Others | ₹9 Cr | Open | |
| 25 Jun 2025 | 101140065 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 30 Dec 2024 | 101037646 | Hdfc Bank Limited | ₹64 Lakh | Open |
To see the full charge records of Mahamaya Sponge Iron Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Mahamaya Sponge Iron Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Mahamaya Sponge Iron Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ashok Wires and Chemicals | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mahamaya Sponge Iron Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahamaya Sponge Iron Private Limited has a workforce of 53 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
1.92%
GST
Mahamaya Sponge Iron has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCM3388H2ZH | Chattisgarh | Active | 01 Jul 2017 |
| 22AADCM3388H1DR | Chattisgarh | Active | 26 Nov 2024 |
To see the full GST registrations and return filing status of Mahamaya Sponge Iron Private Limited, buy the company report.
Recent activity
Mahamaya Sponge Iron Private Limited has 22 board changes on record since 2000: 12 appointments and 10 cessations. The latest: Kamal Kumar Kedia ceased to be Whole-Time Director on 09 Aug 2022.
AGM
Mahamaya Sponge Iron Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.98 Cr with Charge ID 101186162 was registered on 30 Aug 2025.
Charges
A charge with Others amounted to Rs. 9.90 Cr with Charge ID 101156501 was registered on 13 Aug 2025.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 101156495 was registered on 13 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101140065 was registered on 25 Jun 2025.
Charges
A charge registered on 07 May 2022 via Charge ID 100584639 with Others was fully satisfied on 17 Mar 2025.
Charges
A charge with Others of Rs. 47.40 Cr registered on 31 Mar 2022 with Charge ID 100574218 was modified on 27 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.64 Cr with Charge ID 101037646 was registered on 30 Dec 2024.
Filing
Mahamaya Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 39.00 Cr registered on 22 May 2019 with Charge ID 100265449 was modified on 22 Mar 2023.
Ceased
Kamal Kumar Kedia ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100584639 was registered on 07 May 2022.
35 earlier events are in the company report.
Frequently asked questions
Mahamaya Sponge Iron is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 April 2000 (26+ years old) and is registered under CIN U27310CT2000PTC002086.
Mahamaya Sponge Iron has 2 current directors:
- Vipin Kumar Aggarwal - Director
- Ritu Aggarwal - Director
The latest financial statements of Mahamaya Sponge Iron on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahamaya Sponge Iron is 22AADCM3388H2ZH, registered in Chattisgarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AADCM3388H1DR (Chattisgarh).
The CIN (Corporate Identification Number) of Mahamaya Sponge Iron is U27310CT2000PTC002086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahamaya Sponge Iron was incorporated on 20 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Mahamaya Sponge Iron by revenue are Jindal Rolling Mills Private Limited, Maa Shakambari Steel Limited, Panesar Steel and Power Limited, Nilanjan Iron Private Limited, Shree Radhey Radhey Ispat Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution, Steel), with the same principal business activity (metal and metal products).
Kamal Kumar Kedia ceased to be Whole-Time Director on 09 Aug 2022. Amit Agrawal ceased to be Director on 12 Oct 2021. Vijay Kumar Agrawal ceased to be Director on 12 Oct 2021. Mahamaya Sponge Iron has 22 board changes on record in total.
Yes, Mahamaya Sponge Iron is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-14-0016052).
Mahamaya Sponge Iron has 7 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 14 micro and small suppliers. The latest return was filed on 25 Aug 2023.
The registered office of Mahamaya Sponge Iron is at Plot No.21 – 22 Phase – 1 Siltara Industrial Area, Raipur, Chhattisgarh, India – 493111.
Mahamaya Sponge Iron operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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