About Marmagoa Steel Limited
Data last updated:
Marmagoa Steel Limited is a public limited company based in Goa, India, a subsidiary of Chandor Engg. & Trading & Co. Pvt. Ltd. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 July 1987.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN L27106GA1987PLC000764. Its GSTIN is 30AACCM0105H1ZD (Goa). The company holds 6 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (513355) has been suspended since 21 Mar 2013 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹6.08 Cr. It is led by directors including Radhakrishna Rallapalli Karanam (Managing Director) and Ramarathnam Varadharajan Kovathakudi.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No 280 Eclatecurtorim Salcete Margao, Goa, India – 403709.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹279.65 Cr and satisfied charges of ₹4.98 Cr on record. Court records list 74 cases involving the company, including 50 filed by the company and 24 filed against it; 5 cases are pending. The company has 7 deals on record (7 market trades); the latest was in August 2012.
The last known website on record is marmagoasteel.com.
Company details
CIN history
Marmagoa Steel has one previous CIN (Corporate Identification Number): U27106GA1987PLC000764. The current CIN is L27106GA1987PLC000764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27106GA1987PLC000764 | Current |
| U27106GA1987PLC000764 | Previous |
Contact details
Marmagoa Steel Limited's registered office is in Goa. Its website is marmagoasteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 280 Eclatecurtorim Salcete Margao, Goa, India – 403709
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Marmagoa Steel Limited, 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
Financials of Marmagoa Steel Limited
FY 2020 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Marmagoa Steel Limited, buy the company report.
Board of directors of Marmagoa Steel Limited
Marmagoa Steel has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramarathnam Varadharajan Kovathakudi Also directs: Mysore Steels Limited | Director | 29 Sep 2007 | 19 Years 1 Months | As last reported |
| Thimmappaiah Srinivasa Also directs: Ilc Iron & Steel Private Limited | Additional Director | 17 Jul 2015 | 11 Years 3 Months | As last reported |
| Radhakrishna Rallapalli Karanam Also directs: Raichur Aloys and Forgings Limited, Amona Power Private Limited, Chandor Engineering and Trading Company Private Limited and 2 more | Managing Director | 23 Sep 2004 | 22 Years 1 Months | As last reported |
| Purushottam Jagannath Bhide Also directs: Greenfield Exports Ltd, Design India Pvt. Ltd., Western India Mining Services Pvt Ltd and 1 more | Director | 05 Nov 2005 | 20 Years 11 Months | As last reported |
Auditor
Marmagoa Steel Limited is audited by BHANDARI PINCHA AND SURANA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHANDARI PINCHA AND SURANA | FY 2020 | 010811S |
Shareholding
The shareholding of Marmagoa Steel Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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| Others |
To see the full shareholding pattern of Marmagoa Steel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2012 | 10443027 | Pridhvi Asset Reconstruction and Securitisation Company Limited | ₹23.4 Cr | Open | |
| 25 Aug 2009 | 10175342 | Asset Reconstruction Company (India) Limited | ₹85 Cr | Open | |
| 30 Aug 2008 | 10127125 | Bank of Maharashtra | ₹27 Lakh | Open | |
| 23 Mar 2007 | 10281129 | Pridhvi Asset Reconstruction and Securitisation Company Limited | ₹6 Cr | Open | |
| 27 Jun 1998 | 80005948 | State Bank of India | ₹48.27 Cr | Open |
To see the full charge records of Marmagoa Steel Limited, buy the company report.
Total charge records: 39 View all charges
Deals & funding
Marmagoa Steel Limited has 7 deals on record (7 market trades); the latest was in August 2012.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2012 | Market trade | ₹27.7 Lakh | Buyer: an individual Seller: Jaikrish Investments Private Limited |
| Aug 2012 | Market trade | ₹3.56 Cr | Buyer: an individual Seller: Terraform Industries Private Limited |
| Aug 2012 | Market trade | ₹3.29 Cr | Buyer: an individual Seller: Terraform Industries Private Limited |
| Aug 2012 | Market trade | ₹3.25 Cr | Buyer: an individual Seller: Terraform Industries Private Limited |
| Aug 2012 | Market trade | ₹1.9 Cr | Buyer: an individual Seller: Terraform Industries Private Limited |
To see the full deal history of Marmagoa Steel Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marmagoa Steel Limited has 74 court cases on record: 50 filed by Marmagoa Steel, 24 filed against it. 5 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 13 | 3 |
| High courts | 31 | 6 | 1 |
| Supreme Court | 7 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against United India Insurance Co. Ltd. Rep. by Its Chairman V. Jaganathan and 3 Ors., and 3 others | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Chandor Engineering and Trading Company Pvt. Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by Globe Ecologistics Private Limited Through Its Autho. Representative Mr. Jugal Kishor Gupta | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Maharashtra Power Transmission Structures Pvt. Ltd. and Ors and 2 others | Disposed |
| District court, South Goa, Goa | Court case (SCS) | Filed against the company by Associated Road Carriers Limited | Disposed |
To see the full case history of Marmagoa Steel Limited, 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 Marmagoa Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marmagoa Steel Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Marmagoa Steel has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCM0105H1ZD | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marmagoa Steel Limited, buy the company report.
Recent activity
Marmagoa Steel Limited has 12 board changes on record since 2002: 8 appointments and 4 cessations. The latest: Ashok Mittal ceased to be Director on 13 Aug 2016.
82 earlier events are in the company report.
Frequently asked questions
Marmagoa Steel is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Marmagoa Steel is a company under liquidation, formerly operating as a public limited company based in Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 July 1987 and is registered under CIN L27106GA1987PLC000764. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Marmagoa Steel has 4 current directors:
- Radhakrishna Rallapalli Karanam - Managing Director
- Ramarathnam Varadharajan Kovathakudi - Director
- Thimmappaiah Srinivasa - Additional Director
- Purushottam Jagannath Bhide - Director
The latest financial statements of Marmagoa Steel on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Marmagoa Steel is L27106GA1987PLC000764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marmagoa Steel is recorded as a listed company by MCA, but trading in its shares on BSE (513355) has been suspended since 21 Mar 2013 · penal reasons, so they do not currently trade on a stock exchange.
Marmagoa Steel has open charges of ₹279.65 Cr and satisfied charges of ₹4.98 Cr as per latest MCA filings.
Marmagoa Steel has 74 court cases on record: 50 filed by the company and 24 filed against it. 5 are pending. Most are in the district courts.
Marmagoa Steel was incorporated on 17 July 1987. It is registered with the Registrar of Companies, Goa.
Marmagoa Steel has 7 deals on record (7 market trades); the latest was in August 2012.
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