Metalex Steel Strips Private Limited - Company Profile

It is a metals and minerals private limited company based in Bangalore, Karnataka, India, established in 2008.
2008 Bangalore, Karnataka, India Active
Last Updated:
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About Metalex Steel Strips Private Limited

Metalex Steel Strips Private Limited, a active private limited company, was established on 26 March 2008 in Bangalore, Karnataka, India. Engaging in steel manufacturing & processing within the trade sector, it holds CIN: U28121KA2008PTC045776. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹1.42 Cr.

It upholds a compliant status. Employing 47 professional, Its leadership includes Mahaveer Bhandari Mangilal (Director), Girish Bhandari (Director), Sanjay Kumar Bhandari (Director). Past directors included Mangilal Umedmal Jain, Meera Bai. It holds ₹77.07 Cr open charges and ₹70.03 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 158 & 159 P, Kiadb Industrial Area Bommasandra, Jigani Link Road, Bangalore, Karnataka, 562106.

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

    U28121KA2008PTC045776

  • Registration Number

    045776

  • Incorporation Date

    26 March 2008

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹1.42 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.42 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 77.07 Cr
  • Satisfied Charges ₹ 70.03 Cr
  • Revenue Growth **** 14.63%
  • Profit Growth **** -9.69%
  • Ebitda **** -0.38%
  • Net Worth 19.50%
  • Total Assets **** 12.56%
Company report

Metalex Steel Strips Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Metalex Steel Strips 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 Metalex Steel Strips Private Limited?
Current Directors
Name Designation Appointment Date Status
Mahaveer Bhandari Mangilal Director 26 Mar 2008 Current
Girish Bhandari Director 01 Sep 2014 Current
Sanjay Kumar Bhandari Director 30 Jun 2008 Current
Mangilal Bhandari Vikas Director 30 Jun 2008 Current
Mangilal Bhandari Heerachand Director 01 Sep 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Oct 2021 Past
Pramod Abcsdd Director 18 Mar 2021 Past

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Financial Performance of Metalex Steel Strips.

Metalex Steel Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.63% increase. The company also saw a slight decrease in profitability, with a 9.69% decrease in profit. The company's net worth Soared by an impressive increase of 19.5%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 14.63%
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Revenue from Operations
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 14.63%
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*******
Total Assets
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 12.56%
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*******
*******
*******
Profit or Loss
*******
 -9.69%
*******
*******
*******
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Net Worth
*******
 19.50%
*******
*******
*******
*******
EBITDA
*******
 -0.38%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Metalex Steel Strips?

In 2023, Metalex Steel Strips had a promoter holding of 31.14% and a public holding of 68.86%. The company had 1 Associate company. 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

₹770,700,000.00

Satisfied Charges

₹700,300,000.00

Charges Breakdown by Lending Institutions
  • Others : 68.92 Cr
  • Sidbi : 7.30 Cr
  • Tata Capital Financial Services Limited : 0.85 Cr
Latest Charge Details
Date Lender Amount Status
12 Sep 2025 Sidbi ₹3.50 Cr Open
14 Aug 2025 Sidbi ₹3.80 Cr Open
18 Sep 2020 Others ₹6.46 Cr Open
18 Sep 2018 Others ₹62.46 Cr Open
19 Dec 2017 Tata Capital Financial Services Limited ₹8.50 M Open

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How Many Employees Work at Metalex Steel Strips?

Metalex Steel Strips has a workforce of 47 employees as of Mar 29, 2024. 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 Metalex Steel Strips, 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 Metalex Steel Strips'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 Metalex Steel Strips
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others of Rs. 62.46 Cr registered on 18 Sep 2018 with Charge ID 100218189 was modified on 24 Sep 2025. was documented.

  • Charges

    Progress on A charge registered on 28 Feb 2023 via Charge ID 100690195 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 16 Sep 2025. was documented.

  • Charges

    A charge with Sidbi amounted to Rs. 3.50 Cr with Charge ID 101162669 was registered on 12 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Sidbi amounted to Rs. 3.80 Cr with Charge ID 101147084 was registered on 14 Aug 2025. was completed.

  • Annual General Meeting

    Progress on Metalex Steel Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Metalex Steel Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

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Frequently Asked Questions
What is the CIN of Metalex Steel Strips Private Limited?

The CIN of Metalex Steel Strips Private Limited is U28121KA2008PTC045776.

Where is Metalex Steel Strips Private Limited headquartered?

Metalex Steel Strips Private Limited is headquartered at Plot No. 158 & 159 P, Kiadb Industrial Area Bommasandra, Jigani Link Road, Bangalore, Karnataka, 562106.

When was Metalex Steel Strips Private Limited incorporated?

Metalex Steel Strips Private Limited was incorporated on 26 March 2008.

Who are the current directors of Metalex Steel Strips Private Limited?

The current directors of Metalex Steel Strips Private Limited are

What is the primary industry of Metalex Steel Strips Private Limited?

The primary industry of Metalex Steel Strips Private Limited is Trade.

Is Metalex Steel Strips Private Limited a listed company?

Metalex Steel Strips Private Limited is unlisted.

What is the capital structure of Metalex Steel Strips Private Limited?

The authorized capital of Metalex Steel Strips Private Limited is ₹4.00 Cr, and the paid-up capital is ₹1.42 Cr.

What is the compliance status of Metalex Steel Strips Private Limited?

The compliance status of Metalex Steel Strips Private Limited is Compliant.

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