Maithan Ispat Limited - Company Profile

It is a metals and minerals public limited company based in Kolkata, West Bengal, India, established in 2003.
2003 Kolkata, West Bengal, India Active
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About Maithan Ispat Limited

Maithan Ispat Limited, a active public limited company, was established on 27 August 2003 in Kolkata, West Bengal, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109WB2003PLC096854. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹710.59 Cr.

Formerly known as Mal Industries Limited. It upholds a compliant status. Employing 238 professional, Its leadership includes Nurani Shankar Parameswaran (Director), Prasant Kumar Misra (Director), Shipra Singh Rana (Whole-Time Director). Past directors included Nurani Shankar Parameswaran, Aditya Agarwalla, Vishal Agarwalla. It holds ₹1,534.95 Cr open charges and ₹3,383.98 Cr settled loans. Its latest AGM occurred on 25 August 2025, with the balance sheet filed on 31 March 2025. It is based at 16, Strand Road Diamond Heritage, 14Th Floor,Room-1412, Kolkata, West Bengal, 700001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27109WB2003PLC096854

  • Registration Number

    096854

  • Incorporation Date

    27 August 2003

  • Authorized Capital

    ₹1,000.00 Cr

  • Paid-Up Capital

    ₹710.59 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 710.59 Cr
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,534.95 Cr
  • Satisfied Charges ₹ 3,383.98 Cr
  • Revenue Growth **** %
  • Profit Growth **** -3.20%
  • Ebitda **** 95.74%
  • Net Worth -38.74%
  • Total Assets -4.19%
Company report

Maithan Ispat Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maithan Ispat Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maithan Ispat Limited?
Current Directors
Name Designation Appointment Date Status
Nurani Shankar Parameswaran Director 30 Oct 2019 Current
Prasant Kumar Misra Director 31 Aug 2024 Current
Shipra Singh Rana Whole-Time Director 30 Mar 2016 Current
Amarendra Khatua Director 31 Aug 2024 Current
Amit Gupta Director 01 Apr 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Dec 2020 Past
Pramod Abcsdd Whole-Time Director 31 Mar 2015 Past
Pramod Abcsdd Managing Director 31 Mar 2015 Past
Pramod Abcsdd Director 31 Mar 2015 Past
Pramod Abcsdd Alternate Director 31 Mar 2015 Past
Pramod Abcsdd Company Secretary 31 Aug 2019 Past

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Financial Performance of Maithan Ispat.

Maithan Ispat Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 3.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.74%.

Maithan Ispat revenue growth over time
Maithan Ispat profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
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Total Assets
*******
 -4.19%
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Profit or Loss
*******
 -3.20%
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Net Worth
*******
 -38.74%
*******
*******
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EBITDA
*******
 95.74%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Maithan Ispat?

In 2021, Maithan Ispat had a promoter holding of 99.60% and a public holding of 0.41%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹15,349,500,000.00

Satisfied Charges

₹33,839,800,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 1284.95 Cr
  • Others : 250.00 Cr
Latest Charge Details
Date Lender Amount Status
15 Apr 2024 Sbicap Trustee Company Limited ₹502.00 Cr Open
19 Nov 2021 Others ₹250.00 Cr Open
17 Nov 2015 Sbicap Trustee Company Limited ₹782.95 Cr Open
31 Mar 2015 State Bank Of India ₹613.95 Cr Satisfied
31 Mar 2015 State Bank Of India ₹169.00 Cr Satisfied

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How Many Employees Work at Maithan Ispat?

Maithan Ispat has a workforce of 238 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maithan Ispat, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maithan Ispat's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maithan Ispat
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Maithan Ispat Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Yachika Goel was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jul 2025 & has been associated with this company since 6 months 18 days . was documented.

  • Director Appointment

    The activity Kumar Veervardhan was appointed as a Ceo was appointed as a Ceo on 23 Jul 2025 & has been associated with this company since 6 months 20 days . was completed.

  • Balance Sheet

    The activity Maithan Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was completed.

  • Charges

    The activity A charge registered on 31 Mar 2015 via Charge ID 10565060 with State Bank Of India was fully satisfied on 18 Oct 2024. was completed.

  • Charges

    A charge registered on 31 Mar 2015 via Charge ID 10565062 with State Bank Of India was fully satisfied on 18 Oct 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Maithan Ispat Limited?

The CIN of Maithan Ispat Limited is U27109WB2003PLC096854.

Where is Maithan Ispat Limited headquartered?

Maithan Ispat Limited is headquartered at 16, Strand Road Diamond Heritage, 14Th Floor,Room-1412, Kolkata, West Bengal, 700001.

When was Maithan Ispat Limited incorporated?

Maithan Ispat Limited was incorporated on 27 August 2003.

Who are the current directors of Maithan Ispat Limited?

The current directors of Maithan Ispat Limited are

What is the primary industry of Maithan Ispat Limited?

The primary industry of Maithan Ispat Limited is Manufacturing.

Is Maithan Ispat Limited a listed company?

Maithan Ispat Limited is unlisted.

What is the capital structure of Maithan Ispat Limited?

The authorized capital of Maithan Ispat Limited is ₹1,000.00 Cr, and the paid-up capital is ₹710.59 Cr.

What is the compliance status of Maithan Ispat Limited?

The compliance status of Maithan Ispat Limited is Compliant.

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