- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-76-0001835

Mav Steels Private Limited
About Mav Steels Private Limited
Data last updated:
Mav Steels Private Limited is a private limited company based in Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL2004PTC127177. Its GSTIN is 09AADCM9638C1ZB (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Manpal and Shanealam.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H. No. 534 Gali No. 5 Old Mustafabad, Delhi, India – 110094.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.12 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹45.85 Lakh (net margin 0.4%) and EBITDA of ₹2.53 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.17 Cr and satisfied charges of ₹20.08 Cr on record. Court records list 23 cases involving the company, including 16 filed by the company and 7 filed against it; 15 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.44 Cr; the latest was in June 2012. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Zenith Steel Pipes & Industries Limited with revenue of ₹129.26 Cr.
Mav Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-76-0001835). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mav Steels
Contact details
Mav Steels Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 534 Gali No. 5 Old Mustafabad, Delhi, India – 110094
- IndustryFinancial Services, Brokerage & Trading Services, Forex Services
To see the full contact details of Mav Steels Private 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
Business activity
The main business activities of Mav Steels are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mav Steels Private Limited, buy the company report.
Financials of Mav Steels Private Limited
FY 2024 filings availableMav Steels Private Limited reported revenue of ₹129.12 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 42% growth in the latest year. EBITDA rose 22% 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 |
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| EBITDA | ₹2.53 Cr | ||||
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| Net Profit (PAT) | ₹45.85 Lakh | ||||
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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 | 2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mav Steels Private Limited, buy the company report.
Board of directors of Mav Steels Private Limited
Mav Steels has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Mav Steels Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Zenith Steel Pipes & Industries Limited | ₹129.26 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Sidhi Vinayak Metcom Limited | ₹129.19 Cr (FY 2025) | 2.0% | Jamshedpur, Jharkhand, India | |||
| Steel Max Rolling Mills Limited | ₹129.14 Cr (FY 2025) | 32.0% | Palghat, Kerala, India | |||
| Walzen Strips Private Limited | ₹129.14 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Mav Steels Private Limitedthis company | ₹129.12 Cr (FY 2025) | ₹45.85 Lakh | 0.4% | 42.0% | 17 | Delhi, India |
| Thieh Ingots Private Limited | ₹128.93 Cr (FY 2025) | -7.0% | Kochi, Kerala, India | |||
| Unistec Ferrum Private Limited | ₹128.69 Cr (FY 2025) | 56217.0% | Ludhiana, Punjab, India | |||
| Vasko Ispat Private Limited | ₹127.64 Cr (FY 2025) | 34.0% | Dholka, Gujarat, India |
To see the full peer comparison of Mav Steels Private Limited, buy the company report.
Auditor
Mav Steels Private Limited is audited by ROHIT OM AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT OM AND CO | FY 2023 | 013271C |
Shareholding
The shareholding of Mav Steels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mav Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2024 | 100967040 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 16 Dec 2022 | 100662707 | Others | ₹90 Lakh | Open | |
| 16 Dec 2022 | 100663257 | Others | ₹27.33 Lakh | Open | |
| 27 Apr 2023 | 100756440 | Others | ₹3 Cr | Satisfied | |
| 27 Jan 2020 | 100325393 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Mav Steels Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Mav Steels Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.44 Cr; the latest was in June 2012.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Blue Stone Technologies Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Big Sky Builders Promoters Private Limited, 2 individuals Seller: Saya Enterprises, 2 individuals |
| Mar 2012 | Funding round | ₹99.7 Lakh | Investors: Best Plastics Limited , Bansal Chemicals Limited. , SGH Mutual Benefits Limited |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Big Sky Builders Promoters Private Limited |
| Mar 2008 | Funding round | ₹3.45 Cr | Investors: Gulmohar Memorial Private Limited , Nova New Era Expart Private Limited, Shikhar Polymers Private Limited |
To see the full deal history of Mav Steels Private 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
Mav Steels Private Limited has 23 court cases on record: 16 filed by Mav Steels, 7 filed against it. 15 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 6 | 15 |
| High courts | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against M/S Rapidu Technology Pvt. Ltd. | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against Amid Metals Pvt. Ltd- | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against U.P. Power Corporation Ltd. Thru Chairman and 3 Others | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Icici Bank Ltd. | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
To see the full case history of Mav Steels Private 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 Mav Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mav Steels Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mav Steels has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCM9638C1ZB | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AADCM9638C1DK | Uttar Pradesh | Active | 15 Nov 2024 |
To see the full GST registrations and return filing status of Mav Steels Private Limited, buy the company report.
Recent activity
Mav Steels Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Roshan Lal Jain ceased to be Irp/Rp/Liquidator on 06 Aug 2024.
16 earlier events are in the company report.
Frequently asked questions
Mav Steels is an active private limited company based in Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 25 June 2004 (22+ years old) and is registered under CIN U27109DL2004PTC127177.
The latest financial statements of Mav Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mav Steels is 09AADCM9638C1ZB, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AADCM9638C1DK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Mav Steels is U27109DL2004PTC127177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mav Steels has 23 court cases on record: 16 filed by the company and 7 filed against it. 15 are pending. Most are in the district courts.
Mav Steels was incorporated on 25 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Mav Steels has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.44 Cr; the latest was in June 2012.
The peers of Mav Steels by revenue are Zenith Steel Pipes & Industries Limited, Sidhi Vinayak Metcom Limited, Steel Max Rolling Mills Limited, Walzen Strips Private Limited, Thieh Ingots Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Roshan Lal Jain ceased to be Irp/Rp/Liquidator on 06 Aug 2024. Sarvar Malik ceased to be Director on 07 Mar 2024. Manpal was appointed as Additional Director on 06 Feb 2024. Mav Steels has 10 board changes on record in total.
Yes, Mav Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-76-0001835).