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 of Mantram Industries Private Limited
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 of Mantram Industries Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address27 – 28/A Sector F Sanwer Road, Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Cable & Wire
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Business Activity of Mantram Industries Private Limited
The main business activity of Mantram Industries 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Mantram Industries Private Limited FY 2024 filings available
Mantram 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) of Mantram Industries Private Limited
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 of Mantram Industries 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 | ₹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 | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mantram Industries Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Mantram Industries are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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 of Mantram Industries Private Limited
Mantram Industries Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KLJ Paraflex India Limited | ₹179.5 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Emgee Cables and Communications Limited | ₹175.53 Cr (FY 2017) | •••• | •••• | 19.0% | •••• | Jaipur, Rajasthan, India |
| Jai Ambey Wire Private Limited | ₹175.41 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Raipur, Chhattisgarh, India |
| Paras Polycab Private Limited | ₹175.02 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | New Delhi, Delhi, India |
| Krishan Multimetals & Alloys Private Limited | ₹172.95 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Ludhiana, Punjab, India |
| Mantram Industries Private Limited this company | ₹171.9 Cr (FY 2025) | •••• | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Mantram Industries by revenue in the Manufacturing industry (Cables and Wires), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mantram Industries Private Limited
Mantram Industries Private Limited is audited by S. K. KHANDELWAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. K. KHANDELWAL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mantram Industries Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Mantram Industries Private Limited
Open charges
₹49.75 Cr
Satisfied charges
₹22.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2021 | Yes Bank Limited | ₹49.75 Cr | Open |
| 29 Apr 2019 | Others | ₹73 Lakh | Satisfied |
| 28 Jun 2017 | State Bank of India | ₹21.5 Cr | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Mantram Industries Private Limited
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 | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
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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 Mantram Industries Private Limited
Employment history and EPFO contributions of people linked to Mantram Industries.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mantram Industries Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mantram Industries Private Limited
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Subsidiaries & Group Companies of Mantram Industries Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Mantram Industries Private Limited
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 |
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MCA Filings & Documents of Mantram Industries Private Limited
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Frequently Asked Questions about Mantram Industries Private Limited
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 reported revenue of ₹171.9 Cr for FY 2025 (up 196% YoY).
Mantram Industries has 3 current directors and KMP:
- Rupali Godha - Director
- Puja Ajmera - Director
- Radhika Tripathi - Company Secretary
Mantram Industries reported a net profit of ₹16.47 Cr (net margin 9.6%) and EBITDA of ₹26.74 Cr (EBITDA margin 15.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mantram Industries is 61% over three years and 41% over five years. In the latest year (FY 2025) revenue rose 196%. CAGR is the steady yearly rate that links the first and the last year.
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 KLJ Paraflex India Limited, Emgee Cables and Communications Limited, Jai Ambey Wire Private Limited, Paras Polycab Private Limited, Krishan Multimetals & Alloys Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
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.