Mehar Steels Private Limited
About Mehar Steels Private Limited
Data last updated:
Mehar Steels Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Sungrowth Coke Pvt. Ltd. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 20 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2010PTC209609. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.9 Cr. It is led by directors Gurneet Kaur Chawla and Ravinder Chawla.
Its last annual general meeting (AGM) was held on 10 February 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 222 Layak Ram Complex V & Po Badarpur, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.36 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.46 Cr and EBITDA of -₹1.88 Lakh (EBITDA margin -138.5%). Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 83% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹94 Cr on record. Court records list 22 cases involving the company, including 2 filed by the company and 20 filed against it; 9 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mehar Steels Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 222 Layak Ram Complex V & Po Badarpur, New Delhi, Delhi, India – 110044
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Mehar 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 activity of Mehar Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mehar Steels Private Limited, buy the company report.
Financials of Mehar Steels Private Limited
FY 2021 filings availableMehar Steels Private Limited reported revenue of ₹1.36 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over five years. EBITDA rose 100% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹1.88 Lakh | ||||
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| Net Profit (PAT) | -₹2.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -138.5% | ||||
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To see the full financial statements and ratios of Mehar Steels Private Limited, buy the company report.
Board of directors of Mehar Steels Private Limited
Mehar Steels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurneet Kaur Chawla | Director | 20 Oct 2010 | 16 Years 0 Months | Current |
| Ravinder Chawla Also directs: Friends Auto (India) Limited, Mehar Overseas Private Limited | Director | 20 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Mehar Steels Private Limited is audited by MANOJ SINGLA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SINGLA & ASSOCIATES | FY 2019 | 012969N |
Shareholding
The shareholding of Mehar Steels Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mehar Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2016 | 100050266 | Others | ₹50 Cr | Satisfied | |
| 23 Sep 2011 | 10311112 | Canara Bank | ₹44 Cr | Satisfied |
To see the full charge records of Mehar Steels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mehar Steels Private Limited has 22 court cases on record: 2 filed by Mehar Steels, 20 filed against it. 9 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 7 |
| High courts | 2 | 0 | 1 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Union of India | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by The Registrar of Companies | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by The Registrar of Companies | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by M/S Stallion Through Its Partner Kapil Sawhney Having Its Registered Office at: A-1/27, Panchsheel Enclave, New Delhi ,New Delhi , Delhi | Pending |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Pending |
To see the full case history of Mehar 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 Mehar Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mehar Steels has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
Employees & EPFO
Mehar Steels Private Limited has a workforce of 4 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mehar Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mehar Steels Private Limited, buy the company report.
Recent activity
Mehar Steels Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Meena Mendiratta ceased to be Director on 29 Mar 2019.
2 earlier events are in the company report.
Frequently asked questions
Mehar Steels is an active private limited company based in New Delhi, Delhi, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 20 October 2010 (16+ years old) and is registered under CIN U74900DL2010PTC209609.
Mehar Steels has 2 current directors:
- Gurneet Kaur Chawla - Director
- Ravinder Chawla - Director
The latest financial statements of Mehar Steels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 10 February 2022. Year-wise statements from 2015 are in the company report.
No. Mehar Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mehar Steels is U74900DL2010PTC209609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehar Steels has 22 court cases on record: 2 filed by the company and 20 filed against it. 9 are pending. Most are in the district courts.
Mehar Steels was incorporated on 20 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Meena Mendiratta ceased to be Director on 29 Mar 2019. Dinesh ceased to be Additional Director on 01 Jul 2016. Paramjeet Singh Chawla ceased to be Additional Director on 22 Aug 2014. Mehar Steels has 5 board changes on record in total.
The registered office of Mehar Steels is at B – 222 Layak Ram Complex V & Po Badarpur, New Delhi, Delhi, India – 110044.
Mehar Steels operates in the metal and minerals industry, in the metalworking segment.