Mahesh Sponge Iron and Power Limited
About Mahesh Sponge Iron and Power Limited
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Mahesh Sponge Iron and Power Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27104KA2004PLC034136.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.6 Lakh. It is led by directors including Ankit Bhuwalka and Ajay Kumar Bhuwalka.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 10th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, India – 560049.
As per MCA filings, the company has open charges of ₹28.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mahesh Sponge Iron and Power Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, India – 560049
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Mahesh Sponge Iron and Power 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 Mahesh Sponge Iron and Power 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 |
Financials of Mahesh Sponge Iron and Power Limited
FY 2016 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Mahesh Sponge Iron and Power Limited, buy the company report.
Board of directors of Mahesh Sponge Iron and Power Limited
Mahesh Sponge Iron and Power has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Bhuwalka | Director | 15 Nov 2007 | 18 Years 11 Months | Current |
| Ajay Kumar Bhuwalka | Director | 15 Nov 2007 | 18 Years 11 Months | Current |
| Suresh Kumar Bhuwalka | Director | 15 Nov 2007 | 18 Years 11 Months | Current |
Auditor
Mahesh Sponge Iron and Power Limited is audited by AVINASH BHANDARI AND CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASH BHANDARI AND CO | FY 2016 | 120644 |
Shareholding
The shareholding of Mahesh Sponge Iron and Power Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mahesh Sponge Iron and Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2010 | 10517273 | Indian Overseas Bank | ₹28.9 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Mahesh Sponge Iron and Power Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Navakarnataka Steels Pvt. Ltd. | Disposed |
To see the full case history of Mahesh Sponge Iron and Power 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahesh Sponge Iron and Power 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 Mahesh Sponge Iron and Power Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahesh Sponge Iron and Power Limited has 13 board changes on record since 2006: 3 appointments and 10 cessations. The latest: Ajay Kumar Bhuwalka ceased to be Additional Director on 30 Sep 2008.
5 earlier events are in the company report.
Frequently asked questions
Mahesh Sponge Iron and Power is an active public limited company based in Bangalore, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 June 2004 (22+ years old) and is registered under CIN U27104KA2004PLC034136.
Mahesh Sponge Iron and Power has 3 current directors:
- Ankit Bhuwalka - Director
- Ajay Kumar Bhuwalka - Director
- Suresh Kumar Bhuwalka - Director
The latest financial statements of Mahesh Sponge Iron and Power on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mahesh Sponge Iron and Power is U27104KA2004PLC034136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahesh Sponge Iron and Power has 1 court case on record: 1 filed against it.
Mahesh Sponge Iron and Power was incorporated on 16 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Ajay Kumar Bhuwalka ceased to be Additional Director on 30 Sep 2008. Ankit Bhuwalka ceased to be Additional Director on 30 Sep 2008. Suresh Kumar Bhuwalka ceased to be Additional Director on 30 Sep 2008. Mahesh Sponge Iron and Power has 13 board changes on record in total.
The registered office of Mahesh Sponge Iron and Power is at 10th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, India – 560049.
Mahesh Sponge Iron and Power operates in the metals and minerals industry, in the metal manufacturing and processing segment.
Mahesh Sponge Iron and Power has open charges of ₹28.9 Cr and no satisfied charges on record as per latest MCA filings.
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