Mandovi Casting Private Limited
About Mandovi Casting Private Limited
Data last updated:
Mandovi Casting Private Limited is a private limited company based in Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27106GA1996PTC002137. Its GSTIN is 30AABCM3864A1Z4 (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.74 Cr. It is led by directors Shruti Sandeep Agarwal and Sandeep Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 341 Kundaim Industrial Estate Kundaim, Goa, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.74 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.94 Cr (net margin -3.6%) and EBITDA of -₹1.36 Cr (EBITDA margin -2.5%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 8% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.38 Cr and satisfied charges of ₹19.45 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Lakh; the latest was in September 2020. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Nanu Iron & Steel Private Limited. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Social MediaLocked
- Registered AddressPlot No 341 Kundaim Industrial Estate Kundaim, Goa, India
- 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 Mandovi Casting Private Limited
The main business activity of Mandovi Casting is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Mandovi Casting Private Limited FY 2024 filings available
Mandovi Casting Private Limited reported revenue of ₹53.74 Cr (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mandovi Casting Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 53% fall in the latest year. EBITDA fell 218% 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 Mandovi Casting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.94 Cr | •••• | •••• | •••• | •••• |
| 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 Mandovi Casting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.6% | •••• | •••• | •••• | •••• |
| 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 Mandovi Casting 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.
Peer Comparison of Mandovi Casting Private Limited
Mandovi Casting Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nanu Iron & Steel Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Westwell Iron & Steel Pvt Ltd | •••• | •••• | •••• | •••• | 369 | Kolkata, West Bengal, India |
| Truecare Metal Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Kamadgiri Steel Private Limited | •••• | •••• | •••• | •••• | - | Haryana, India |
| Jindal Resources Private Limited | •••• | •••• | •••• | •••• | - | Rourkela, Orissa, India |
| Mandovi Casting Private Limited this company | •••• | •••• | •••• | •••• | - | Goa, India |
| D M K Castings Pvt Ltd | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Sukran India Steel Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Steelarc Equipment Industries India Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Kansara Popatlal Tibhovandas Metal Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Gallard Steel Limited | •••• | •••• | •••• | •••• | 29 | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mandovi Casting by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mandovi Casting Private Limited
Mandovi Casting Private Limited is audited by V. B. GOEL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. B. GOEL & 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.
Board of Directors of Mandovi Casting Private Limited
Mandovi Casting has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Sandeep Agarwal | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
| Sandeep Agarwal Also directs: Bhumipurusha Minerals Private Limited., Mohit Steel Industries Private Limited, Hare Krishna Metallics Private Limited and 4 more | Director | 30 Sep 2000 | 26 Years 0 Months | Current |
Ownership and Shareholding of Mandovi Casting 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 Mandovi Casting Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2021 | Others | ₹18.8 Lakh | Satisfied |
| 30 Mar 2021 | Others | ₹30 Lakh | Satisfied |
| 21 Oct 2019 | Others | ₹7 Lakh | Satisfied |
| 27 Nov 2012 | Hdfc Bank Limited | ₹9 Cr | Satisfied |
| 15 Sep 2005 | Others | ₹9.89 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Mandovi Casting Private Limited
Mandovi Casting Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Lakh; the latest was in September 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sarvesh Refractories Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mohit Steels Industries Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Sarvesh Refractories Private Limited Seller: Gamma Iron India Limited |
| Mar 2009 | Funding round | ₹85 Lakh | Investors: Gamma Iron India Limited , Mohit Steels Industries Private Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mandovi Casting Private Limited
Mandovi Casting Private Limited has 5 court cases on record: 1 filed by Mandovi Casting, 4 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Official Liquidator of | Disposed |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed against the company by State of Goa | Disposed |
| District court, North Goa, Goa | Court case (LC) | Filed against the company by Registrar of Companies | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Goa | Disposed |
Full case history
All 5 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.
MSME Payment Delays by Mandovi Casting Private Limited
Mandovi Casting Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A.S. Iron and Steels India Private Limited | •••• | •••• | •••• |
| Vashi Integrated Solutions Limited | •••• | •••• | •••• |
| Vardhman Hoses Pvt Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Mandovi Casting Private Limited
Mandovi Casting Private Limited has a workforce of 8 employees as of Mar 30, 2024.
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 Mandovi Casting Private Limited
Mandovi Casting Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Shruti Sandeep Agarwal was appointed as Director on 01 Aug 2003.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mandovi Casting 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.
Subsidiaries & Group Companies of Mandovi Casting 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 Mandovi Casting Private Limited
Mandovi Casting has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCM3864A1Z4 | Goa | Active | 01 Jul 2017 |
| 30AABCM3864A1DD | Goa | Active | 11 Nov 2024 |
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 Mandovi Casting 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 Mandovi Casting Private Limited
Mandovi Casting is an active private limited company based in Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 July 1996 (30+ years old) and is registered under CIN U27106GA1996PTC002137.
Mandovi Casting reported revenue of ₹53.74 Cr for FY 2025 (down 53% YoY).
Mandovi Casting has 2 current directors:
- Shruti Sandeep Agarwal - Director
- Sandeep Agarwal - Director
Mandovi Casting reported a net loss of ₹1.94 Cr (net margin -3.6%) and EBITDA of -₹1.36 Cr (EBITDA margin -2.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mandovi Casting is -23% over three years and -8% over five years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mandovi Casting is 30AABCM3864A1Z4, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AABCM3864A1DD (Goa).
The CIN (Corporate Identification Number) of Mandovi Casting is U27106GA1996PTC002137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandovi Casting has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Mandovi Casting was incorporated on 05 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Goa.
Mandovi Casting has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹85 Lakh; the latest was in September 2020.
The peers of Mandovi Casting by revenue are Nanu Iron & Steel Private Limited, Westwell Iron & Steel Pvt Ltd, Truecare Metal Private Limited, Kamadgiri Steel Private Limited, Jindal Resources Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Shruti Sandeep Agarwal was appointed as Director on 01 Aug 2003. Sandeep Agarwal was appointed as Director on 30 Sep 2000.