Mainadevi Ispat Private Limited
About Mainadevi Ispat Private Limited
Data last updated:
Mainadevi Ispat Private Limited is a private limited company based in Jalna, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2014PTC259255. Its GSTIN is 27AAJCM4960F1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jitendra Ashokkumar Motwani and Niraj Jain Gyanchand.
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 is at Flat No 08 Akash Ganga Appartment Near Shivaji Putla, Jalna, Maharashtra, India – 431203.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.47 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Lakh (net margin 0.6%) and EBITDA of ₹58.88 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹7.5 Cr on record. Court records list 7 cases involving the company, including 6 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No 08 Akash Ganga Appartment Near Shivaji Putla, Jalna, Maharashtra, India – 431203
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Mainadevi Ispat Private Limited
The main business activity of Mainadevi Ispat is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail 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 Mainadevi Ispat Private Limited FY 2022 filings available
Mainadevi Ispat Private Limited reported revenue of ₹4.47 Cr (down 54% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Mainadevi Ispat Private Limited
Revenue fell 54% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 36% 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 Mainadevi Ispat Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹58.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.69 Lakh | •••• | •••• | •••• | •••• |
| 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 Mainadevi Ispat Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Mainadevi Ispat 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.
Board of Directors of Mainadevi Ispat Private Limited
Mainadevi Ispat has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Ashokkumar Motwani | Director | 09 Jul 2019 | 7 Years 3 Months | Current |
| Niraj Jain Gyanchand | Director | 12 Nov 2014 | 11 Years 11 Months | Current |
| Santhosh Waghmare | Director | 14 Feb 2022 | 4 Years 8 Months | Current |
Peer Comparison of Mainadevi Ispat Private Limited
Mainadevi Ispat Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tapi Steel Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 258.0% | •••• | Surat, Gujarat, India |
| Epic Alloy Steel Private Limited | ₹4.48 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Raigarh, Chhattisgarh, India |
| S M M Steel Re-Rolling Mills Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 1606.0% | •••• | Coimbatore, Tamil Nadu, India |
| Cleveland Bridge Steel India Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| Stamenk Industries Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 158.0% | •••• | Pune, Maharashtra, India |
| Mainadevi Ispat Private Limited this company | ₹4.47 Cr (FY 2022) | •••• | •••• | -54.0% | •••• | Jalna, Maharashtra, India |
| Rashmi Seamless Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
| Latticonn Engineering Private Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | 456.0% | •••• | Hyderabad, Telangana, India |
| Am Steel and Alloys Private Limited | ₹4.46 Cr (FY 2022) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| A and S Steel Private Limited | ₹4.45 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
| WBF Steel Detailing & Engineering Private Limited | ₹4.43 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Ahmednagar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mainadevi Ispat by revenue in the Metals and Minerals industry (Steel), 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 Mainadevi Ispat Private Limited
Mainadevi Ispat Private Limited is audited by ASHOK R VERMA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK R VERMA & CO | 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.
Ownership and Shareholding of Mainadevi Ispat 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 Mainadevi Ispat Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2020 | Others | ₹3.5 Cr | Open |
| 02 Apr 2019 | Others | ₹4 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Mainadevi Ispat Private Limited
Mainadevi Ispat Private Limited has 7 court cases on record: 6 filed against it, 1 where it is another party. 5 cases are pending and 2 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 5 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by D. S. Ranawat Buildmat Private Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ofb Tech Limited | Pending |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company by Gajkeshari Steels and Alloys Pvt Ltd | Pending |
| District court, Jalna, Maharashtra | Civil suit | Company is another party | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by Malkapur Urban Cooperative Bank 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 Mainadevi Ispat Private Limited
Employment history and EPFO contributions of people linked to Mainadevi Ispat.
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.
Recent Activity on Mainadevi Ispat Private Limited
Mainadevi Ispat Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Santhosh Waghmare was appointed as Director on 14 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Mainadevi Ispat 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 Mainadevi Ispat 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 Mainadevi Ispat 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 Mainadevi Ispat Private Limited
Mainadevi Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM4960F1ZA | Maharashtra | Active | 24 Sep 2018 |
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 Mainadevi Ispat 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 Mainadevi Ispat Private Limited
Mainadevi Ispat is an active private limited company based in Jalna, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 November 2014 (12+ years old) and is registered under CIN U27205MH2014PTC259255.
Mainadevi Ispat reported revenue of ₹4.47 Cr for FY 2022 (down 54% YoY).
Mainadevi Ispat has 3 current directors:
- Jitendra Ashokkumar Motwani - Director
- Niraj Jain Gyanchand - Director
- Santhosh Waghmare - Director
Mainadevi Ispat reported a net profit of ₹2.69 Lakh (net margin 0.6%) and EBITDA of ₹58.88 Lakh (EBITDA margin 13.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mainadevi Ispat is 1% over three years. In the latest year (FY 2022) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mainadevi Ispat is 27AAJCM4960F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mainadevi Ispat is U27205MH2014PTC259255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mainadevi Ispat has 7 court cases on record: 6 filed against it. 5 are pending.
Mainadevi Ispat was incorporated on 12 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mainadevi Ispat by revenue are Tapi Steel Private Limited, Epic Alloy Steel Private Limited, S M M Steel Re-Rolling Mills Private Limited, Cleveland Bridge Steel India Private Limited, Stamenk Industries Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Santhosh Waghmare was appointed as Director on 14 Feb 2022. Varsha Niraj Jain ceased to be Director on 12 Feb 2022. Jitendra Ashokkumar Motwani was appointed as Director on 09 Jul 2019. Mainadevi Ispat has 4 board changes on record in total.