MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-13-0040285
Mahek Ispat Private Limited
Mahek Ispat Private Limited - metals and minerals in Hubli, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹137.49 Cr
▲ 16% YoY
Net profit · FY 2025
₹1.99 Cr
Net margin 1.5%
EBITDA · FY 2025
₹6.42 Cr
EBITDA margin 4.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹18.8 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
4
As per MCA filings
About Mahek Ispat Private Limited
Data last updated:
Mahek Ispat Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 31 March 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25999KA2023PTC171780.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Hemal Kishore Shah and Kishore Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rs No 42/14 16 18Mt Sagar, Industrial Estate Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹137.49 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 1.5%) and EBITDA of ₹6.42 Cr (EBITDA margin 4.7%).
As per MCA filings, the company has open charges of ₹18.8 Cr on record.
Mahek Ispat Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-13-0040285).
Company details
CIN U25999KA2023PTC171780
Registration Number 171780
Incorporation Date 31 March 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-KR-13-0040285
Recognitions & Rankings of Mahek Ispat
Contact details
Mahek Ispat Private Limited's registered office is in Hubli, Karnataka.
- Registered AddressRs No 42/14 16 18Mt Sagar, Industrial Estate Hubli, Karnataka, India – 580030
- IndustryMetals and Minerals, Metal Retail & Distribution
Comprehensive company report
Mahek Ispat 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 Mahek Ispat is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Mahek Ispat Private Limited, buy the company report.
Financials of Mahek Ispat Private Limited
FY 2025 filings availableMahek Ispat Private Limited reported revenue of ₹137.49 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹137.49 Cr ▲ 16%
Net profit · FY 2025
₹1.99 Cr margin 1.5%
EBITDA · FY 2025
₹6.42 Cr margin 4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
EBITDA CAGR growth
1 year
▲ 25%
Revenue rose 16% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹6.42 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.99 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.7% | ||
| Net Profit Margin | 1.5% | ||
| 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 Mahek Ispat Private Limited, buy the company report.
Board of directors of Mahek Ispat Private Limited
Mahek Ispat has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemal Kishore Shah | Director | 31 Mar 2023 | 3 Years 7 Months | Current |
| Kishore Shah | Director | 31 Mar 2023 | 3 Years 7 Months | Current |
| Manisha Hemal Shah | Director | 31 Mar 2023 | 3 Years 7 Months | Current |
| Mahek Hemal Shah | Individual Subscriber | 31 Mar 2023 | 3 Years 7 Months | Current |
Charges & borrowings
Open charges
₹18.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101203751 | Axis Bank Limited | ₹8.8 Cr | Open | |
| 29 Jun 2023 | 100741298 | Axis Bank Limited | ₹10 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mahek Ispat 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
No delayed payments to MSME suppliers are on our record for Mahek Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mahek Ispat Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahek Ispat Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Hemal Kishore Shah was appointed as Director on 31 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.80 Cr with Charge ID 101203751 was registered on 05 Dec 2025.
AGM
Mahek Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahek Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100741298 was registered on 29 Jun 2023.
Appointed
Hemal Kishore Shah was appointed as Director.
Appointed
Kishore Shah was appointed as Director.
Appointed
Mahek Hemal Shah was appointed as Individual Subscriber.
Appointed
Manisha Hemal Shah was appointed as Director.
Incorporation
31 Mar 2023
Mahek Ispat Private Limited was registered on 31 Mar 2023 with Roc Bangalore & aged 3 years 7 months as per MCA records.
Frequently asked questions
Mahek Ispat is an active private limited company based in Hubli, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 31 March 2023 (3+ years old) and is registered under CIN U25999KA2023PTC171780.
Mahek Ispat has 4 current directors:
- Hemal Kishore Shah - Director
- Kishore Shah - Director
- Manisha Hemal Shah - Director
- Mahek Hemal Shah - Individual Subscriber
The latest financial statements of Mahek Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Mahek Ispat is U25999KA2023PTC171780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahek Ispat was incorporated on 31 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Hemal Kishore Shah was appointed as Director on 31 Mar 2023. Kishore Shah was appointed as Director on 31 Mar 2023. Mahek Hemal Shah was appointed as Individual Subscriber on 31 Mar 2023. Mahek Ispat has 4 board changes on record in total.
Yes, Mahek Ispat is registered as an MSME under Udyam registration (number: UDYAM-KR-13-0040285).
The registered office of Mahek Ispat is at Rs No 4214 16 18Mt Sagar, Industrial Estate Hubli, Karnataka, India – 580030.
Mahek Ispat operates in the metals and minerals industry, in the metal retail and distribution segment.
Mahek Ispat has open charges of ₹18.8 Cr and no satisfied charges on record as per latest MCA filings.
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