- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-28-0010091

About Mainee Steel Works Private Limited
Data last updated:
Mainee Steel Works Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 02 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36101DL1997PTC084207. Its GSTIN is 07AAACM8568L1ZW (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.01 Cr. It is led by directors including Virender Pal Singh Mainee and Divjot Singh Mainee.
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 Flat No. 1302 13th Floor Chiranjiv Tower, Building No. 43 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.53 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.66 Cr (net margin 15.9%) and EBITDA of ₹11.35 Cr (EBITDA margin 31.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 142 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mainee Steel Works. As per MCA filings, the company has open charges of ₹23.28 Cr and satisfied charges of ₹8.39 Cr on record. Court records list 118 cases involving the company, including 103 filed by the company and 15 filed against it; 42 cases are pending.
Mainee Steel Works Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0010091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maineesteelworks.com.
Company details
Recognitions & Rankings of Mainee Steel Works
Contact details
Mainee Steel Works Private Limited's registered office is in New Delhi, Delhi. Its website is maineesteelworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressFlat No. 1302 13th Floor Chiranjiv Tower, Building No. 43 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Mainee Steel Works 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
Brands
Mainee Steel Works operates one associated brand: Mainee Steel Works. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Scaffolding rental and services focused on safety and quality in India. | maineesteelworks.com |
Business activity
The main business activity of Mainee Steel Works is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Mainee Steel Works Private Limited, buy the company report.
Financials of Mainee Steel Works Private Limited
FY 2025 filings availableMainee Steel Works Private Limited reported revenue of ₹35.53 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.35 Cr | ||||
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| Net Profit (PAT) | ₹5.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.9% | ||||
| Net Profit Margin | 15.9% | ||||
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To see the full financial statements and ratios of Mainee Steel Works Private Limited, buy the company report.
Board of directors of Mainee Steel Works Private Limited
Mainee Steel Works has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virender Pal Singh Mainee Also directs: Mainee Alucraft LLP, Tiara Couture Private Limited, S.R. Texknit Private Limited and 3 more | Director | 02 Jan 1997 | 29 Years 10 Months | Current |
| Divjot Singh Mainee | Director | 02 Feb 2019 | 7 Years 9 Months | Current |
| Manmeet Kaur Mainee Also directs: Mainee Alucraft LLP, Tiara Couture Private Limited, Tavleen Resorts and Spa Private Limited and 1 more | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
Auditor
Mainee Steel Works Private Limited is audited by BUBBER JINDAL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BUBBER JINDAL & CO. | FY 2024 | 000399N |
Shareholding
The shareholding of Mainee Steel Works Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mainee Steel Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2022 | 100655705 | Hdfc Bank Limited | ₹11 Lakh | Open | |
| 27 Nov 2021 | 100513226 | Others | ₹1.15 Cr | Open | |
| 27 Nov 2021 | 100514198 | Others | ₹5.8 Cr | Open | |
| 11 Aug 2020 | 100373349 | Others | ₹28.95 Lakh | Open | |
| 17 Dec 2019 | 100389071 | Others | ₹37.5 Lakh | Open |
To see the full charge records of Mainee Steel Works Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Mainee Steel Works Private Limited has 118 court cases on record: 103 filed by Mainee Steel Works, 15 filed against it. 42 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 8 | 37 |
| High courts | 8 | 7 | 5 |
Cases on record (5 of 118)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against M/S. Adhunik Projects and Infrastructures Pvt. Ltd. Through Its Director/As SH. Kaushal Kumar and 2 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Bhavay Tech Infra Project Pvt Ltd and 2 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against TGB Realty Pvt Ltd and 4 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Meptech Constructions Pvt. Ltd. and 2 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Rising Infrapromoters Pvt Ltd and 1 other | Pending |
To see the full case history of Mainee Steel Works 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
Mainee Steel Works Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Tiara Couture Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mainee Steel Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mainee Steel Works Private Limited has a workforce of 142 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mainee Steel Works has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM8568L1ZW | Delhi | Active | 01 Apr 2025 |
| 09AAACM8568L1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 06AAACM8568L2ZX | Haryana | Active | 12 Sep 2020 |
To see the full GST registrations and return filing status of Mainee Steel Works Private Limited, buy the company report.
Recent activity
Mainee Steel Works Private Limited has 11 board changes on record since 1997: 7 appointments and 4 cessations. The latest: Bhupinder Kaur ceased to be Director on 15 Mar 2024.
22 earlier events are in the company report.
Frequently asked questions
Mainee Steel Works is an active private limited company based in New Delhi, Delhi, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 02 January 1997 (29+ years old) and is registered under CIN U36101DL1997PTC084207.
Mainee Steel Works has 3 current directors:
- Virender Pal Singh Mainee - Director
- Divjot Singh Mainee - Director
- Manmeet Kaur Mainee - Director
The latest financial statements of Mainee Steel Works 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 2015 are in the company report.
The GSTIN of Mainee Steel Works is 07AAACM8568L1ZW, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACM8568L1ZS (Uttar Pradesh), 06AAACM8568L2ZX (Haryana).
The CIN (Corporate Identification Number) of Mainee Steel Works is U36101DL1997PTC084207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mainee Steel Works has 118 court cases on record: 103 filed by the company and 15 filed against it. 42 are pending. Most are in the district courts.
Mainee Steel Works was incorporated on 02 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Bhupinder Kaur ceased to be Director on 15 Mar 2024. Manmeet Kaur Mainee was appointed as Director on 01 Jun 2023. Peu Veer ceased to be Director on 31 Aug 2020. Mainee Steel Works has 11 board changes on record in total.
Yes, Mainee Steel Works is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0010091).
Mainee Steel Works has 6 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Mainee Steel Works can be reached through the website maineesteelworks.com. Its registered office is in New Delhi, Delhi, India.

