Mav Steels Private Limited

Mav Steels Private Limited - financial services in Delhi, India. FY 2026 financials & compliance.
CIN U27109DL2004PTC127177 Incorporated 25 June 2004 ROC Delhi HQ Delhi, India
Active Private Limited Company financial services MSME · Medium
Data last updated
Revenue · FY 2025
₹129.12 Cr
▲ 42% YoY
Net profit · FY 2025
₹45.85 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹2.53 Cr
EBITDA margin 2%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹2.08 Cr
Issued & subscribed
Open charges
₹16.17 Cr
Satisfied ₹20.08 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
17
Provident fund records

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

CIN U27109DL2004PTC127177
Registration Number 127177
Incorporation Date 25 June 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-76-0001835

Recognitions & Rankings of Mav Steels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UP-76-0001835

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 Address
    H. No. 534 Gali No. 5 Old Mustafabad, Delhi, India – 110094
  • Industry
    Financial Services, Brokerage & Trading Services, Forex Services

To see the full contact details of Mav Steels Private Limited, buy the company report.

Comprehensive company report
Mav Steels 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
GTradeG1Wholesale 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 available

Mav Steels Private Limited reported revenue of ₹129.12 Cr (up 42% YoY) for FY 2025.

Revenue · FY 2025
₹129.12 Cr ▲ 42%
Net profit · FY 2025
₹45.85 Lakh margin 0.4%
EBITDA · FY 2025
₹2.53 Cr margin 2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 19%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 18%
5 years · compounded
▲ 16%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹45.85 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2%
Net Profit Margin0.4%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
ManpalAdditional Director06 Feb 20242 Years 8 MonthsCurrent
ShanealamAdditional Director12 Jan 20242 Years 9 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh0.4%42.0%17Delhi, 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 firmFinancial yearFirm registration number
ROHIT OM AND COFY 2023013271C

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 categoryFY 2021FY 2020FY 2019FY 2018FY 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

Open charges
₹16.17 Cr
Satisfied charges
₹20.08 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹15.00 Cr
Others₹1.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jul 2024100967040Hdfc Bank Limited₹15 CrOpen
16 Dec 2022100662707Others₹90 LakhOpen
16 Dec 2022100663257Others₹27.33 LakhOpen
27 Apr 2023100756440Others₹3 CrSatisfied
27 Jan 2020100325393Others₹5 CrSatisfied

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.

Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹4.44 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Jun 2012Secondary share transferUndisclosedBuyer: an individual
Seller: Blue Stone Technologies Private Limited
Mar 2012Secondary share transferUndisclosedBuyer: Big Sky Builders Promoters Private Limited, 2 individuals
Seller: Saya Enterprises, 2 individuals
Mar 2012Funding round₹99.7 LakhInvestors: Best Plastics Limited , Bansal Chemicals Limited. , SGH Mutual Benefits Limited
Dec 2011Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Big Sky Builders Promoters Private Limited
Mar 2008Funding round₹3.45 CrInvestors: 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.

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.

Employee count
17
Active EPFO establishments
1

GST

Mav Steels has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AADCM9638C1ZBUttar PradeshActive01 Jul 2017
09AADCM9638C1DKUttar PradeshActive15 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.

AGM
Mav Steels Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Charges
A charge registered on 27 Apr 2023 via Charge ID 100756440 with Others was fully satisfied on 12 Sep 2024.
Charges
A charge registered on 27 Jan 2020 via Charge ID 100325393 with Others was fully satisfied on 12 Sep 2024.
Ceased
Roshan Lal Jain ceased to be Irp/Rp/Liquidator.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100967040 was registered on 18 Jul 2024.
Filing
Mav Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Sarvar Malik ceased to be Director.
Appointed
Manpal was appointed as Additional Director.
Ceased
Mukesh Kumar Dogra ceased to be Additional Director.
Appointed
Shanealam was appointed as Additional Director.
Ceased
Neeraj Kumar Sharma ceased to be Additional Director.
Ceased
Noor Alam ceased to be Director.

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.

Mav Steels has 2 current directors:

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).