MGM Steels Limited
About MGM Steels Limited
Data last updated:
MGM Steels Limited was a public limited company based in Bhubaneswar, Orissa, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 May 2004.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2004PLC007618.
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹99.61 Cr. It was led by directors including Rajib Lochan Mohanty (Managing Director) and Aghoramoorthy Rajasekaran (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at Plot No 2A Forest Park, Bhubaneswar, Orissa, India – 751009.
Court records list 14 cases involving the company, including 8 filed by the company and 4 filed against it; 3 cases are pending.
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- Registered AddressPlot No 2A Forest Park, Bhubaneswar, Orissa, India – 751009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Financials of MGM Steels Limited FY 2012 filings available
Financial Statement Summary of MGM Steels Limited
| Metrics | FY 2011-12 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 of MGM Steels Limited
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MGM Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of MGM Steels Limited
MGM Steels Limited currently reports 5 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikanta Behera Also directs: MGM Minerals Limited | Company Secretary | 26 Sep 2011 | 15 Years 0 Months | As last reported |
| Rajib Lochan Mohanty | Managing Director | 31 May 2004 | 22 Years 4 Months | As last reported |
| Padma Lochan Mohanty Also directs: Wildlotus Textile Private Limited, Wildlotus Fashions Private Limited, MGM Biofuels Private Limited and 5 more | Director | 31 May 2004 | 22 Years 4 Months | As last reported |
| Kamal Lochan Mohanty Also directs: Emblaze Trading Private Limited | Director | 03 Nov 2009 | 16 Years 11 Months | As last reported |
| Pankaj Lochan Mohanty Also directs: Federation of India Mineral Industries, Kalingascroll Media Services LLP, MGM Classic Agricon Private Limited and 5 more | Director | 31 May 2004 | 22 Years 4 Months | As last reported |
| Aghoramoorthy Rajasekaran | Whole-Time Director | 08 May 2013 | 13 Years 5 Months | As last reported |
Charges & Borrowings of MGM Steels Limited
MGM Steels Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of MGM Steels Limited
MGM Steels Limited has 14 court cases on record: 8 filed by MGM Steels, 4 filed against it, 2 where it is another party. 3 cases are pending and 11 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 2 |
| District courts | 6 | 4 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Company is another party | Pending |
| District court, Dhenkanal, Odisha | Civil suit | Filed against the company by an individual | Pending |
| High Court of Orissa | Writ petition | Filed by the company against State | Pending |
| District court, Dhenkanal, Odisha | Court case (Ex.P.) | Filed against the company by an individual | Disposed |
| District court, Dhenkanal, Odisha | Court case (R.F.A.) | Filed by the company against an individual | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at MGM Steels Limited
Employment history and EPFO contributions of people linked to MGM Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MGM Steels Limited
MGM Steels Limited has 7 board changes on record since 2004: 6 appointments and 1 cessation. The latest: Aghoramoorthy Rajasekaran was appointed as Whole-Time Director on 08 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for MGM Steels Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MGM Steels Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MGM Steels Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MGM Steels Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MGM Steels Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MGM Steels Limited
MGM Steels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
MGM Steels was a public limited company based in Bhubaneswar, Orissa, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 May 2004 and is registered under CIN U27102OR2004PLC007618. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
MGM Steels was incorporated on 31 May 2004. It is registered with the Registrar of Companies, Cuttack.
MGM Steels had 6 directors and KMP:
- Rajib Lochan Mohanty - Managing Director
- Aghoramoorthy Rajasekaran - Whole-Time Director
- Padma Lochan Mohanty - Director
- Kamal Lochan Mohanty - Director
- Pankaj Lochan Mohanty - Director
- Srikanta Behera - Company Secretary
The CIN (Corporate Identification Number) of MGM Steels is U27102OR2004PLC007618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of MGM Steels is at Plot No 2A Forest Park, Bhubaneswar, Orissa, India – 751009.
MGM Steels has an authorised share capital of ₹100 Cr and a paid-up capital of ₹99.61 Cr.
MGM Steels operated in the metals and minerals industry, in the steel manufacturing and processing segment.
No. MGM Steels is not listed on any stock exchange. It is an unlisted company.
MGM Steels has 14 court cases on record: 8 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.