About Mahendra Strips Private Limited
Data last updated:
Mahendra Strips Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 02 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27601CT1996PTC010682. Its GSTIN is 22AABCM5823D2ZZ (Chattisgarh). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors including Mahendra Kumar Agrawal and Pratik Kumar Raja.
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 Sf – 2A A Block 2nd Floor Maruti Business Park Near Rajkumar College G.E. Road, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2,680.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42.9 Cr (net margin 1.6%) and EBITDA of ₹116.42 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 153% over three years and 97% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹980.1 Cr and satisfied charges of ₹60.64 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 1 case is pending. The company has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Lakh; the latest was in April 2023. Its 10 peer companies in the Metals and Minerals industry (Materials Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Northern Exim Private Limited TFR. From Kanpur to Delhi with revenue of ₹3,069.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahendragroup.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSf – 2A A Block 2nd Floor Maruti Business Park Near Rajkumar College G.E. Road, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Mahendra Strips Private Limited
The main business activity of Mahendra Strips is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mahendra Strips Private Limited FY 2024 filings available
Mahendra Strips Private Limited reported revenue of ₹2,680.15 Cr (up 314% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mahendra Strips Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 314% growth in the latest year. EBITDA rose 99% 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 of Mahendra Strips Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹116.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.9 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 of Mahendra Strips Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mahendra Strips are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mahendra Strips Private Limited
Mahendra Strips Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Northern Exim Private Limited TFR. From Kanpur to Delhi | ₹3,069.66 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Taranjot Resources Private Limited | ₹3,028.04 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Surat, Gujarat, India |
| Visa Minmetal Limited | ₹3,004.53 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Mohit Minerals Limited | ₹2,982.65 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Rawmet Resources Private Limited | ₹2,768.08 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Mahendra Strips Private Limited this company | ₹2,680.15 Cr (FY 2023) | •••• | •••• | 314.0% | •••• | Raipur, Chhattisgarh, India |
| Saraogi Udyog Private Limited | ₹2,604.55 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Refex Industries Limited Listed | ₹2,518.02 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Chennai, Tamil Nadu, India |
| A.T. Trade Overseas Private Limited | ₹2,490.98 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Indo German International Private Limited | ₹2,262.02 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Gandhar Coals & Mines Private Limited | ₹1,966.62 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mahendra Strips by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mahendra Strips Private Limited
Mahendra Strips Private Limited is audited by AGRAWAL AND PANSARI for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL AND PANSARI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mahendra Strips Private Limited
Mahendra Strips 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 |
|---|---|---|---|---|
| Mahendra Kumar Agrawal Also directs: Maa Danteshwari Pellet and Steel Private Limited, Aare Solar Private Limited, Igr Electronics Private Limited and 3 more | Director | 13 Nov 2019 | 6 Years 10 Months | Current |
| Pratik Kumar Raja | Director | 30 Mar 2023 | 3 Years 6 Months | Current |
| Bhyri Shrinivas | Director | 15 Jun 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of Mahendra Strips Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mahendra Strips Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2024 | Hdfc Bank Limited | ₹145 Cr | Open |
| 06 Feb 2024 | Yes Bank Limited | ₹45 Cr | Open |
| 27 Sep 2023 | Others | ₹35.1 Cr | Open |
| 17 Jun 2023 | Others | ₹75 Cr | Open |
| 27 Mar 2023 | Others | ₹78 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Mahendra Strips Private Limited
Mahendra Strips Private Limited has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Lakh; the latest was in April 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Super Ispat (Raipur) Private Limited , 3 individuals Seller: Animesh Metallics Private Limited , 3 individuals |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: Animesh Metallics Private Limited , Mahendra Agrawal (HUF), Manoj Agrawal (HUF), an individual Seller: Animesh Metallics Private Limited , an individual |
| Mar 2012 | Funding round | ₹80 Lakh | Investors: Animesh Metallics Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Vibhor Garments Private Limited , Amalgamated Foods & Chemicals Private Limited, Mercury Buildtech Private Limited , an individual |
| Aug 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Royals Credits Private Limited, 3 individuals |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mahendra Strips Private Limited
Mahendra Strips Private Limited has 7 court cases on record: 7 filed by Mahendra Strips. 1 case is pending and 6 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Writ petition | Filed by the company against South Eastern Coalfields Limited | Pending |
| High Court of Chhattisgarh | Writ petition | Filed by the company against Chhattisgarh Environment Conservation Board | Disposed |
| High Court of Chhattisgarh | Court case (WPT) | Filed by the company against Union of India | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed by the company against Eastn Febritec Pvt. Ltd | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mahendra Strips Private Limited
Mahendra Strips Private Limited has a workforce of 45 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Mahendra Strips Private Limited
Mahendra Strips has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Mahendra Strips Private Limited
Mahendra Strips has one previous CIN (Corporate Identification Number): U27601MP1996PTC010682. The current CIN is U27601CT1996PTC010682, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27601CT1996PTC010682 | Current |
| U27601MP1996PTC010682 | Previous |
Recent Activity on Mahendra Strips Private Limited
Mahendra Strips Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Bhyri Shrinivas ceased to be Additional Director on 29 Sep 2024.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mahendra Strips Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mahendra Strips Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mahendra Strips Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mahendra Strips Private Limited
Mahendra Strips has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCM5823D2ZZ | Chattisgarh | Active | 01 Jul 2017 |
| 22AABCM5823D1D9 | Chattisgarh | Active | 08 Jan 2025 |
| 37AABCM5823D1ZP | Andhra Pradesh | Active | 01 Nov 2019 |
| 21AABCM5823D1Z2 | Odisha | Active | 15 Jul 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahendra Strips Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mahendra Strips Private Limited
Mahendra Strips is an active private limited company based in Raipur, Chhattisgarh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 02 April 1996 (30+ years old) and is registered under CIN U27601CT1996PTC010682.
Mahendra Strips reported revenue of ₹2,680.15 Cr for FY 2023 (up 314% YoY).
Mahendra Strips has 3 current directors:
- Mahendra Kumar Agrawal - Director
- Pratik Kumar Raja - Director
- Bhyri Shrinivas - Director
Mahendra Strips reported a net profit of ₹42.9 Cr (net margin 1.6%) and EBITDA of ₹116.42 Cr (EBITDA margin 4.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahendra Strips is 153% over three years and 97% over five years. In the latest year (FY 2023) revenue rose 314%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahendra Strips is 22AABCM5823D2ZZ, registered in Chattisgarh. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 22AABCM5823D1D9 (Chattisgarh), 37AABCM5823D1ZP (Andhra Pradesh), 21AABCM5823D1Z2 (Odisha).
The CIN (Corporate Identification Number) of Mahendra Strips is U27601CT1996PTC010682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahendra Strips has 7 court cases on record: 7 filed by the company. 1 is pending. Most are in the high courts.
Mahendra Strips was incorporated on 02 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Mahendra Strips has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Lakh; the latest was in April 2023.
The peers of Mahendra Strips by revenue are Northern Exim Private Limited TFR. From Kanpur to Delhi, Taranjot Resources Private Limited, Visa Minmetal Limited, Mohit Minerals Limited, Rawmet Resources Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).