Megh Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Bangalore South, Karnataka, India, established in 1993.
1993 Bangalore South, Karnataka, India Active
Last Updated:
About Megh Steels Private Limited

Megh Steels Private Limited, a active private limited company, was established on 23 June 1993 in Bangalore South, Karnataka, India. Engaging in metal retail & distribution within the manufacturing sector, it holds CIN: U27101KA1993PTC014464. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹3.23 M.

It upholds a compliant status. Employing 315 professional, Its leadership includes Mukundan Deepak (Director), Deepti Ramesh Shetty (Director), Nuggahalli Sunderarajaiyengar Mukundan (Director). Past directors included Prasanna Mukundan, Deepti Ramesh Shetty. It holds ₹37.03 Cr open charges and ₹12.16 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. A/85, 31St Cross 7Th Block, Jayanagar, Bangalore South, Karnataka, 560070.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27101KA1993PTC014464

  • Registration Number

    014464

  • Incorporation Date

    23 June 1993

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹3.23 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.23 M
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.03 Cr
  • Satisfied Charges ₹ 12.16 Cr
  • Revenue Growth **** 49.39%
  • Profit Growth **** 59.28%
  • Ebitda **** 53.91%
  • Net Worth 22.11%
  • Total Assets **** 13.06%
Company report

Megh Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Megh Steels Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Megh Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Mukundan Deepak Director 11 Jul 2005 Current
Deepti Ramesh Shetty Director 20 May 2020 Current
Nuggahalli Sunderarajaiyengar Mukundan Director 23 Jun 1993 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Dec 2019 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past

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Financial Performance of Megh Steels.

Megh Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.39% increase. The company also saw a substantial improvement in profitability, with a 59.28% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.

Megh Steels revenue growth over time
Megh Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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49.39%
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Revenue from Operations
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49.31%
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Total Assets
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13.06%
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Profit or Loss
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59.28%
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Net Worth
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22.11%
*******
*******
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EBITDA
*******
53.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Megh Steels?

In 2023, Megh Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹370,292,510.00

Satisfied Charges

₹121,600,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 27.88 Cr
  • Others : 5.23 Cr
  • Sidbi : 3.92 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2025 Sidbi ₹8.14 M Open
06 Mar 2025 Sidbi ₹1.13 Cr Open
27 Dec 2024 Sidbi ₹7.28 M Open
12 Jul 2024 Others ₹5.00 Cr Open
15 Jun 2023 Sidbi ₹5.29 M Open

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How Many Employees Work at Megh Steels?

Megh Steels has a workforce of 315 employees as of Oct 08, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megh Steels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Megh Steels's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Megh Steels
Recent Activity within the Organization
  • Charges

    The activity A charge with Sidbi amounted to Rs. 8.14 M with Charge ID 101179525 was registered on 30 Oct 2025. was completed.

  • Charges

    A charge with Sidbi amounted to Rs. 11.35 M with Charge ID 101066275 was registered on 06 Mar 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Sidbi amounted to Rs. 7.28 M with Charge ID 101034775 was registered on 27 Dec 2024. was completed.

  • Annual General Meeting

    Progress on Megh Steels Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 195.60 M registered on 24 Mar 2016 with Charge ID 100024379 was modified on 31 Jul 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 50.00 M with Charge ID 100951027 was registered on 12 Jul 2024. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Megh Steels Private Limited?

The CIN of Megh Steels Private Limited is U27101KA1993PTC014464.

Where is Megh Steels Private Limited headquartered?

Megh Steels Private Limited is headquartered at No. A/85, 31St Cross 7Th Block, Jayanagar, Bangalore South, Karnataka, 560070.

When was Megh Steels Private Limited incorporated?

Megh Steels Private Limited was incorporated on 23 June 1993.

Who are the current directors of Megh Steels Private Limited?

The current directors of Megh Steels Private Limited are

What is the primary industry of Megh Steels Private Limited?

The primary industry of Megh Steels Private Limited is Manufacturing.

Is Megh Steels Private Limited a listed company?

Megh Steels Private Limited is unlisted.

What is the capital structure of Megh Steels Private Limited?

The authorized capital of Megh Steels Private Limited is ₹4.00 M, and the paid-up capital is ₹3.23 M.

What is the compliance status of Megh Steels Private Limited?

The compliance status of Megh Steels Private Limited is Compliant.

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