Manglesh Steels Pvt.Ltd.
About Manglesh Steels Pvt.Ltd.
Data last updated:
Manglesh Steels Pvt.Ltd. is a private limited company based in Bhilai, Chhattisgarh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 07 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27106CT1988PTC004882. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.09 Lakh. It is led by directors Abhitesh Jaiswal and Ashish Jaiswal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 208 Chouhan Tower Supela Bhiilai (Chhattisgarh), Bhilai, Chhattisgarh, India – 490023.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.66 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹42,245 (net margin 0.2%) and EBITDA of ₹57,210 (EBITDA margin 0.2%).
As per MCA filings, the company has open charges of ₹9.3 Cr and satisfied charges of ₹83 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Manglesh Steels has one previous CIN (Corporate Identification Number): U27106MP1988PTC004882. The current CIN is U27106CT1988PTC004882, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106CT1988PTC004882 | Current |
| U27106MP1988PTC004882 | Previous |
Contact details
Manglesh Steels Pvt.Ltd.'s registered office is in Bhilai, Chhattisgarh. Its e-mail address is in the company report.
- Email
- Registered Address208 Chouhan Tower Supela Bhiilai (Chhattisgarh), Bhilai, Chhattisgarh, India – 490023
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Manglesh Steels Pvt.Ltd., 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 Manglesh Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Manglesh Steels Pvt.Ltd., buy the company report.
Financials of Manglesh Steels Pvt.Ltd.
FY 2017 filings availableManglesh Steels Pvt.Ltd. reported revenue of ₹2.66 Cr (down 54% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.66 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹57,210 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹42,245 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.2% | ||
| Net Profit Margin | 0.2% | ||
| 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 | |||
To see the full financial statements and ratios of Manglesh Steels Pvt.Ltd., buy the company report.
Board of directors of Manglesh Steels Pvt.Ltd.
Manglesh Steels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhitesh Jaiswal | Director | 24 Jun 2006 | 20 Years 3 Months | Current |
| Ashish Jaiswal | Director | 28 Jun 2006 | 20 Years 3 Months | Current |
Peer comparison
Manglesh Steels Pvt.Ltd. is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajendra Ferromet Private Limited Rejen | ₹2.69 Cr (FY 2024) | -50.0% | Mumbai, Maharashtra, India | |||
| Manglesh Steels Pvt.Ltd.this company | ₹2.66 Cr (FY 2017) | ₹42,245 | 0.2% | -54.0% | Bhilai, Chhattisgarh, India | |
| Radhari Private Limited | ₹2.65 Cr (FY 2025) | 19.0% | Ludhiana, Punjab, India | |||
| Megha Biotech Private Limited | ₹2.64 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Manglesh Steels Pvt.Ltd., buy the company report.
Auditor
Manglesh Steels Pvt.Ltd. is audited by BATRA DEEPAK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BATRA DEEPAK & ASSOCIATES | FY 2017 | 005408C |
Shareholding
The shareholding of Manglesh Steels Pvt.Ltd. is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manglesh Steels Pvt.Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2007 | 10050012 | State Bank of India | ₹4.9 Cr | Open | |
| 14 Jul 2006 | 10014443 | State Bank of India | ₹4.4 Cr | Open | |
| 23 Mar 1999 | 90203566 | State Bank of India | ₹80 Lakh | Satisfied | |
| 31 Jan 1995 | 90207576 | State Bank of India | ₹3 Lakh | Satisfied |
To see the full charge records of Manglesh Steels Pvt.Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
Manglesh Steels Pvt.Ltd. has 1 court case on record: 1 filed by Manglesh Steels. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Chhattigarh and Anr. | Disposed |
To see the full case history of Manglesh Steels Pvt.Ltd., 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 Manglesh Steels Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manglesh Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Manglesh Steels Pvt.Ltd., buy the company report.
Recent activity
Manglesh Steels Pvt.Ltd. has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Vijay Jaiswal Kumar ceased to be Director on 30 Nov 2017.
2 earlier events are in the company report.
Frequently asked questions
Manglesh Steels is an active private limited company based in Bhilai, Chhattisgarh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 07 November 1988 (38+ years old) and is registered under CIN U27106CT1988PTC004882.
Manglesh Steels has 2 current directors:
- Abhitesh Jaiswal - Director
- Ashish Jaiswal - Director
The latest financial statements of Manglesh Steels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Manglesh Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Manglesh Steels is U27106CT1988PTC004882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manglesh Steels has 1 court case on record: 1 filed by the company.
Manglesh Steels was incorporated on 07 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Manglesh Steels by revenue are Rajendra Ferromet Private Limited Rejen, Radhari Private Limited, Megha Biotech Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Vijay Jaiswal Kumar ceased to be Director on 30 Nov 2017. Vinay Kumar Jaiswal ceased to be Director on 30 Nov 2017. Ashish Jaiswal was appointed as Director on 28 Jun 2006. Manglesh Steels has 4 board changes on record in total.
The registered office of Manglesh Steels is at 208 Chouhan Tower Supela Bhiilai Chhattisgarh, Bhilai, Chhattisgarh, India – 490023.
Manglesh Steels operates in the metals and minerals industry, in the metal retail and distribution segment.