MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MP-23-0005336
Mantram Industries Private Limited
Mantram Industries Private Limited - manufacturing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹171.9 Cr
▲ 196% YoY
Net profit · FY 2025
₹16.47 Cr
Net margin 9.6%
EBITDA · FY 2025
₹26.74 Cr
EBITDA margin 15.6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹49.75 Cr
Satisfied ₹22.23 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Mantram Industries Private Limited
Data last updated:
Mantram Industries Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 01 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27100MP2011PTC026498. Its GSTIN is 23AAJCA6975G1ZH (Madhya Pradesh).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Ask Steel & Casting Private Limited and Madhu Cable and Conductor Private Limited. It is led by directors Rupali Godha and Puja Ajmera.
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 27 – 28/A Sector F Sanwer Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹171.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.47 Cr (net margin 9.6%) and EBITDA of ₹26.74 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹49.75 Cr and satisfied charges of ₹22.23 Cr on record.
Mantram Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-23-0005336). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100MP2011PTC026498
Registration Number 026498
Incorporation Date 01 August 2011
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MP-23-0005336
Name history
Mantram Industries has undergone 3 name changes throughout its history. The company was previously known as Ask Steel & Casting Private Limited, Madhu Cable And Conductor Private Limited, and Godha Cabcon Private Limited. The current legal name is Mantram Industries Private Limited.
| Company Name | Status |
|---|---|
| Mantram Industries Private Limited | Current |
| Ask Steel & Casting Private Limited | Previous |
| Madhu Cable And Conductor Private Limited | Previous |
| Godha Cabcon Private Limited | Previous |
Recognitions & Rankings of Mantram Industries
Contact details
Mantram Industries Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27 – 28/A Sector F Sanwer Road, Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Cable & Wire
To see the full contact details of Mantram Industries Private Limited, buy the company report.
Comprehensive company report
Mantram Industries Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Mantram Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mantram Industries Private Limited, buy the company report.
Financials of Mantram Industries Private Limited
FY 2024 filings availableMantram Industries Private Limited reported revenue of ₹171.9 Cr (up 196% YoY) for FY 2025.
Revenue · FY 2025
₹171.9 Cr ▲ 196%
Net profit · FY 2025
₹16.47 Cr margin 9.6%
EBITDA · FY 2025
₹26.74 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 196%
3 years · compounded
▲ 61%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 800%
3 years · compounded
▲ 173%
5 years · compounded
▲ 95%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 196% growth in the latest year. EBITDA rose 800% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.47 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 15.6% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Mantram Industries Private Limited, buy the company report.
Board of directors and KMP of Mantram Industries Private Limited
Mantram Industries Private Limited currently reports 2 directors and 1 key managerial person. 13 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupali Godha Also directs: Mantram Cable and Conductor Private Limited | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Puja Ajmera | Director | 20 Feb 2024 | 2 Years 8 Months | Current |
| Radhika Tripathi | Company Secretary | 01 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Mantram Industries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Ambey Wire Private Limited | ₹175.41 Cr (FY 2025) | -4.0% | Raipur, Chhattisgarh, India | |||
| Krishan Multimetals & Alloys Private Limited | ₹172.95 Cr (FY 2025) | -29.0% | Ludhiana, Punjab, India | |||
| Mantram Industries Private Limitedthis company | ₹171.9 Cr (FY 2025) | ₹16.47 Cr | 9.6% | 196.0% | Indore, Madhya Pradesh, India | |
| Visakha Wire Ropes Limited | ₹171.71 Cr (FY 2025) | 10.0% | Vizag, Andhra Pradesh, India | |||
| Hanumat Wires Udyog Private Limited | ₹169.95 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Relemac Technologies Private Limited | ₹167.68 Cr (FY 2025) | 39.0% | Durgapuri Shahdara, Delhi, India | |||
| Avocab India Private Limited | ₹167.46 Cr (FY 2024) | 999.0% | Ahmedabad, Gujarat, India | |||
| K Patel Metal Industries Private Limited | ₹166.52 Cr (FY 2023) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mantram Industries Private Limited, buy the company report.
Auditor
Mantram Industries Private Limited is audited by S. K. KHANDELWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. KHANDELWAL & ASSOCIATES | FY 2023 | 002305C |
Shareholding
The shareholding of Mantram Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mantram Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹49.75 Cr
Satisfied charges
₹22.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2021 | 100477761 | Yes Bank Limited | ₹49.75 Cr | Open | |
| 29 Apr 2019 | 100262799 | Others | ₹73 Lakh | Satisfied | |
| 28 Jun 2017 | 100111087 | State Bank of India | ₹21.5 Cr | Satisfied |
To see the full charge records of Mantram Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Mantram Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Mantram Industries Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Auri Grow India Limited | |||
| R. K. Resin Plast Private Limited |
To see the full MSME payment records of Mantram Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mantram Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCA6975G1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mantram Industries Private Limited, buy the company report.
Recent activity
Mantram Industries Private Limited has 16 board changes on record since 2016: 3 appointments and 13 cessations. The latest: Kamna Talreja ceased to be Company Secretary on 01 May 2025.
Charges
A charge with Yes Bank Limited of Rs. 49.75 Cr registered on 25 Aug 2021 with Charge ID 100477761 was modified on 31 Oct 2025.
Ceased
Kamna Talreja ceased to be Company Secretary.
Appointed
Radhika Tripathi was appointed as Company Secretary.
Charges
A charge registered on 29 Apr 2019 via Charge ID 100262799 with Others was fully satisfied on 21 Nov 2024.
AGM
Mantram Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mantram Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Appointed
Puja Ajmera was appointed as Director.
Charges
A charge registered on 28 Jun 2017 via Charge ID 100111087 with State Bank Of India was fully satisfied on 21 Sep 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 49.75 Cr with Charge ID 100477761 was registered on 25 Aug 2021.
Appointed
Rupali Godha was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100262799 was registered on 29 Apr 2019.
Ceased
Vikrant Verma ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Mantram Industries is an active private limited company based in Indore, Madhya Pradesh, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 01 August 2011 (15+ years old) and is registered under CIN U27100MP2011PTC026498.
Mantram Industries has 3 current directors and KMP:
- Rupali Godha - Director
- Puja Ajmera - Director
- Radhika Tripathi - Company Secretary
The latest financial statements of Mantram Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mantram Industries is 23AAJCA6975G1ZH, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mantram Industries is U27100MP2011PTC026498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mantram Industries was incorporated on 01 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mantram Industries by revenue are Jai Ambey Wire Private Limited, Krishan Multimetals & Alloys Private Limited, Visakha Wire Ropes Limited, Hanumat Wires Udyog Private Limited, Relemac Technologies Private Limited and 2 more, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Kamna Talreja ceased to be Company Secretary on 01 May 2025. Radhika Tripathi was appointed as Company Secretary on 01 May 2025. Puja Ajmera was appointed as Director on 20 Feb 2024. Mantram Industries has 16 board changes on record in total.
Yes, Mantram Industries is registered as an MSME under Udyam registration (number: UDYAM-MP-23-0005336).
Mantram Industries has 9 MSME Form 1 returns on record between 2019 and 2023, listing 55 overdue payments to 19 micro and small suppliers. The latest return was filed on 24 Aug 2023.
The registered office of Mantram Industries is at 27 – 28A Sector F Sanwer Road, Indore, Madhya Pradesh, India – 452001.
Mantram Industries operates in the manufacturing industry, in the cable and wire segment.