Mehta Intertrade Steels Private Limited
About Mehta Intertrade Steels Private Limited
Data last updated:
Mehta Intertrade Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 07 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2007PTC169727. The company has 1 GST registration on record, which is no longer active.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 ₹12 Cr. It is led by directors Rajendra Babulal Mehta and Bhupendra Babulal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 501 – B Gokul Building 80 – A Baroda Street Karnac Bunder Masjid Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2015, the company reported a revenue of ₹260.04 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹72.03 Lakh (net margin 0.3%) and EBITDA of ₹9.11 Cr (EBITDA margin 3.5%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹73.81 Cr and satisfied charges of ₹17.5 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹8.98 Cr; the latest was in February 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mehta Intertrade Steels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address501 – B Gokul Building 80 – A Baroda Street Karnac Bunder Masjid Bunder, Mumbai, Maharashtra, India – 400009
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Mehta Intertrade 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
Financials of Mehta Intertrade Steels Private Limited
FY 2015 filings availableMehta Intertrade Steels Private Limited reported revenue of ₹260.04 Cr (up 9% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA fell 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹260.04 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹9.11 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹72.03 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.5% |
| Net Profit Margin | 0.3% |
| 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 Mehta Intertrade Steels Private Limited, buy the company report.
Board of directors of Mehta Intertrade Steels Private Limited
Mehta Intertrade Steels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Babulal Mehta Also directs: Mehta Metalcon Private Limited | Additional Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Bhupendra Babulal Mehta Also directs: Mehta Metalcon Private Limited | Additional Director | 30 Mar 2018 | 8 Years 6 Months | Current |
Auditor
Mehta Intertrade Steels Private Limited is audited by THANAWALA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THANAWALA & CO | FY 2015 | 110948W |
Shareholding
The shareholding of Mehta Intertrade Steels Private Limited is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Mehta Intertrade Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2017 | 100085526 | Others | ₹18.81 Cr | Open | |
| 14 Feb 2015 | 10554248 | Union Bank of India | ₹5 Cr | Open | |
| 11 Sep 2012 | 10377298 | Union Bank of India | ₹50 Cr | Open | |
| 23 Apr 2009 | 10156350 | State Bank of India | ₹8.5 Cr | Satisfied | |
| 24 Apr 2008 | 10106582 | Standard Chartered Bank | ₹9 Cr | Satisfied |
To see the full charge records of Mehta Intertrade Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Mehta Intertrade Steels Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹8.98 Cr; the latest was in February 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Rights issue | ₹3 Cr | Investors: R.B Mehta & Co Limited, 3 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: R.B Mehta & Co Limited, 2 individuals |
| Mar 2012 | Funding round | ₹7 Cr | Investors: R.B Mehta & Co Limited, Bhupendra Mehta HUF, 2 individuals |
| Oct 2009 | Funding round | ₹1.98 Cr | Investors: R B Mehta HUF, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mehta Intertrade Steels Private Limited has 13 court cases on record: 5 filed by Mehta Intertrade Steels, 8 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
| High courts | 3 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Suchetan Exports Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Shah Brothers Ispat Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Naresh Steel Industries Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms Siddhant Industries Pvt. Ltd. Anr. and 1 other | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by Maharashtra State Electricity Distribution Co Ltd | Pending |
To see the full case history of Mehta Intertrade 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.
Credit ratings & regulatory alerts
Mehta Intertrade Steels Private Limited was last rated by Indiarating on 14 Nov 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 14 Nov 2018 |
To see the full credit ratings and regulatory alerts of Mehta Intertrade Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mehta Intertrade Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mehta Intertrade 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 Mehta Intertrade Steels Private Limited, buy the company report.
Recent activity
Mehta Intertrade Steels Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Amit Hasmukhrai Mehta ceased to be Director on 30 Mar 2018.
5 earlier events are in the company report.
Frequently asked questions
Mehta Intertrade Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 07 April 2007 (19+ years old) and is registered under CIN U27100MH2007PTC169727.
Mehta Intertrade Steels has 2 current directors:
- Rajendra Babulal Mehta - Additional Director
- Bhupendra Babulal Mehta - Additional Director
The latest financial statements of Mehta Intertrade Steels on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Mehta Intertrade Steels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mehta Intertrade Steels is U27100MH2007PTC169727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Intertrade Steels has 13 court cases on record: 5 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Mehta Intertrade Steels was incorporated on 07 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Mehta Intertrade Steels has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹8.98 Cr; the latest was in February 2016.
Amit Hasmukhrai Mehta ceased to be Director on 30 Mar 2018. Bhupendra Babulal Mehta was appointed as Additional Director on 30 Mar 2018. Harsh Bhupendra Mehta ceased to be Director on 21 Mar 2017. Mehta Intertrade Steels has 6 board changes on record in total.
The registered office of Mehta Intertrade Steels is at 501 – B Gokul Building 80 – A Baroda Street Karnac Bunder Masjid Bunder, Mumbai, Maharashtra, India – 400009.