
About Mahavir Rolling Mill Private Limited
Data last updated:
Mahavir Rolling Mill Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 August 1992.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ1992PTC018185. Its GSTIN is 24AABCM8847K1Z3 (Gujarat).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.29 Cr. It was formerly known as Mahavir Rolling Mill Limited. It was led by directors including Moulik Kishorechand Bansal and Gulshan Kishorechand Bansal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 2410 Phase – 4 GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2022, the company reported a revenue of ₹88.75 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Cr (net margin 3.4%) and EBITDA of ₹5.73 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company had about 10 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹4.7 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it.
The last known website on record is mahavirgroup.co.in.
Company details
CIN history
Mahavir Rolling Mill has one previous CIN (Corporate Identification Number): U28999GJ1992PLC018185. The current CIN is U28999GJ1992PTC018185, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28999GJ1992PTC018185 | Current |
| U28999GJ1992PLC018185 | Previous |
Contact details
Mahavir Rolling Mill Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mahavirgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2410 Phase – 4 GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mahavir Rolling Mill 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 Mahavir Rolling Mill 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 Mahavir Rolling Mill Private Limited, buy the company report.
Financials of Mahavir Rolling Mill Private Limited
FY 2022 filings availableMahavir Rolling Mill Private Limited reported revenue of ₹88.75 Cr (up 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 44% growth in the latest year. EBITDA rose 81% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹88.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.99 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Mahavir Rolling Mill Private Limited, buy the company report.
Board of directors of Mahavir Rolling Mill Private Limited
Mahavir Rolling Mill has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moulik Kishorechand Bansal | Director | 21 Aug 2004 | 22 Years 2 Months | As last reported |
| Gulshan Kishorechand Bansal | Director | 10 Oct 1995 | 31 Years 1 Months | As last reported |
| Kishorechand Kakaram Bansal | Director | 20 Aug 1992 | 34 Years 2 Months | As last reported |
Peer comparison
Mahavir Rolling Mill Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Minar Castings Private Limited | ₹88.87 Cr (FY 2025) | -4.0% | Palakkad, Kerala, India | |||
| Meenakshi Strips Private Limited | ₹88.79 Cr (FY 2025) | 9.0% | Bhiwadi, Rajasthan, India | |||
| Mahavir Rolling Mill Private Limitedthis company | ₹88.75 Cr (FY 2022) | ₹2.99 Cr | 3.4% | 44.0% | 10 | Ahmedabad, Gujarat, India |
| Dhandapani Steel Private Limited | ₹88.69 Cr (FY 2025) | -6.0% | Perundurai, Tamil Nadu, India | |||
| Sant Steel and Alloys Private Limited | ₹88.62 Cr (FY 2021) | 36.0% | Ghaziabad, Uttar Pradesh, India | |||
| Shreegopal Govind Sponge Private Limited | ₹88.35 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Jagraon Concast Private Limited | ₹88.11 Cr (FY 2025) | -6.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Mahavir Rolling Mill Private Limited, buy the company report.
Auditor
Mahavir Rolling Mill Private Limited is audited by N.P Patel & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.P Patel & Co. | FY 2022 |
Shareholding
The shareholding of Mahavir Rolling Mill Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahavir Rolling Mill Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2020 | 100351205 | Others | ₹2 Cr | Satisfied | |
| 28 Feb 2013 | 10422088 | Tata Capital Housing Finance Limited | ₹1.35 Cr | Satisfied | |
| 28 Feb 2013 | 10422084 | Tata Capital Housing Finance Limited | ₹1.35 Cr | Satisfied |
To see the full charge records of Mahavir Rolling Mill Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mahavir Rolling Mill Private Limited has 11 court cases on record: 1 filed by Mahavir Rolling Mill, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Regional Director On Behalf of Esic Corporation | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Disposed |
To see the full case history of Mahavir Rolling Mill 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.
Credit ratings & regulatory alerts
Mahavir Rolling Mill Private Limited was last rated by Care on 03 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Nov 2021 |
To see the full credit ratings and regulatory alerts of Mahavir Rolling Mill Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahavir Rolling Mill Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahavir Rolling Mill Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Mahavir Rolling Mill Private Limited, buy the company report.
GST
Mahavir Rolling Mill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM8847K1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Rolling Mill Private Limited, buy the company report.
Recent activity
Mahavir Rolling Mill Private Limited has 11 board changes on record since 1992: 3 appointments and 8 cessations. The latest: Gulshan Kishorechand Bansal ceased to be Whole-Time Director on 01 Apr 2014.
8 earlier events are in the company report.
Frequently asked questions
Mahavir Rolling Mill has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mahavir Rolling Mill was a private limited company based in Ahmedabad, Gujarat, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 August 1992 and is registered under CIN U28999GJ1992PTC018185. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mahavir Rolling Mill was incorporated on 20 August 1992. It is registered with the Registrar of Companies, Ahmedabad.
Mahavir Rolling Mill had 3 directors:
- Moulik Kishorechand Bansal - Director
- Gulshan Kishorechand Bansal - Director
- Kishorechand Kakaram Bansal - Director
The CIN (Corporate Identification Number) of Mahavir Rolling Mill is U28999GJ1992PTC018185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mahavir Rolling Mill is at 2410 Phase – 4 GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
Mahavir Rolling Mill can be reached through the website mahavirgroup.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Mahavir Rolling Mill on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahavir Rolling Mill is 24AABCM8847K1Z3, registered in Gujarat.
Mahavir Rolling Mill operated in the metals and minerals industry, in the steel manufacturing and processing segment.
The peers of Mahavir Rolling Mill by revenue are Minar Castings Private Limited, Meenakshi Strips Private Limited, Dhandapani Steel Private Limited, Sant Steel and Alloys Private Limited, Shreegopal Govind Sponge Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

