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 7 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mainadevi Ispat Private Limited's registered office is in Jalna, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 08 Akash Ganga Appartment Near Shivaji Putla, Jalna, Maharashtra, India – 431203
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mainadevi Ispat 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 Mainadevi Ispat is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mainadevi Ispat Private Limited, buy the company report.
Financials of Mainadevi Ispat Private Limited
FY 2022 filings availableMainadevi Ispat Private Limited reported revenue of ₹4.47 Cr (down 54% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹58.88 Lakh | ||||
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| Net Profit (PAT) | ₹2.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Mainadevi Ispat Private Limited, buy the company report.
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 |
Auditor
Mainadevi Ispat Private Limited is audited by ASHOK R VERMA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK R VERMA & CO | FY 2020 | 113019W |
Shareholding
The shareholding of Mainadevi Ispat Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mainadevi Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2020 | 100423142 | Others | ₹3.5 Cr | Open | |
| 02 Apr 2019 | 100257988 | Others | ₹4 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Mainadevi Ispat Private Limited has 7 court cases on record: 7 filed against it. 5 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 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 Pvt. Ltd. Through Auth. Sign. Ashish Nandkishor Nimje | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ofb Tech Pvt Ltd | Pending |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company by Gajkeshari Steels and Alloys Pvt Ltd Through Authorized Person Jagdish Trimbakrao Giram | Pending |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by The Malkapur Urban Cooperative Bank Ltd Malkapur | Disposed |
To see the full case history of Mainadevi Ispat 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mainadevi Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mainadevi Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM4960F1ZA | Maharashtra | Active | 24 Sep 2018 |
To see the full GST registrations and return filing status of Mainadevi Ispat Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Jitendra Ashokkumar Motwani - Director
- Niraj Jain Gyanchand - Director
- Santhosh Waghmare - Director
The latest financial statements of Mainadevi Ispat 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 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: 7 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.
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.
The registered office of Mainadevi Ispat is at Flat No 08 Akash Ganga Appartment Near Shivaji Putla, Jalna, Maharashtra, India – 431203.
Mainadevi Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.