M.I. Alloys Private Limited

M.I. Alloys Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U27109GJ2011PTC065126 Incorporated 23 April 2011 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹126.12 Cr
▲ 23% YoY
Net profit · FY 2025
₹85.46 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹4.54 Cr
EBITDA margin 3.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹21.74 Cr
Satisfied ₹22.34 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
42
Provident fund records

About M.I. Alloys Private Limited

Data last updated:

M.I. Alloys Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2011PTC065126. Its GSTIN is 24AAHCM1407F1ZY (Gujarat).

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Ashokkumar Kanhaiyabaksh Singh and Champalal Jayantilal Purohit.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 To 307 3rd Floor Adishwar Gold On S.P. Ring Road Nikol – Odhav, Ahmedabad, Gujarat, India – 382350.

As per the financials filed for FY 2025, the company reported a revenue of ₹126.12 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹85.46 Lakh (net margin 0.7%) and EBITDA of ₹4.54 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.

The company has about 42 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹21.74 Cr and satisfied charges of ₹22.34 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending.

M.I. Alloys Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0023249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mialloys.com.

Company details

CIN U27109GJ2011PTC065126
Registration Number 065126
Incorporation Date 23 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0023249
Key People
Ashokkumar Kanhaiyabaksh Singh Director Champalal Jayantilal Purohit Director

Recognitions & Rankings of M.I. Alloys

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0023249

Contact details

M.I. Alloys Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mialloys.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mialloys.com
  • Registered Address
    304 To 307 3rd Floor Adishwar Gold On S.P. Ring Road Nikol – Odhav, Ahmedabad, Gujarat, India – 382350
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of M.I. Alloys Private Limited, buy the company report.

Comprehensive company report
M.I. Alloys Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of M.I. Alloys is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of M.I. Alloys Private Limited, buy the company report.

Financials of M.I. Alloys Private Limited

FY 2025 filings available

M.I. Alloys Private Limited reported revenue of ₹126.12 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹126.12 Cr ▲ 23%
Net profit · FY 2025
₹85.46 Lakh margin 0.7%
EBITDA · FY 2025
₹4.54 Cr margin 3.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 4%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 23% growth in the latest year. EBITDA fell 8% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹4.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹85.46 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.6%
Net Profit Margin0.7%
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 M.I. Alloys Private Limited, buy the company report.

Board of directors of M.I. Alloys Private Limited

M.I. Alloys has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashokkumar Kanhaiyabaksh SinghDirector23 Apr 201115 Years 6 MonthsCurrent
Champalal Jayantilal Purohit
Also directs: Skyline Buildcraft LLP, Mahendra Ispat Industries (India) LLP, Mahendra Metal & Alloys Private Limited
Director23 Apr 201115 Years 6 MonthsCurrent
View all directors

Peer comparison

M.I. Alloys Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
L N Metallics Private Limited₹126.61 Cr (FY 2025)-2.0%Kolkata, West Bengal, India
Tarun International Limited₹126.32 Cr (FY 2025)7.0%Delhi, India
M.I. Alloys Private Limitedthis company₹126.12 Cr (FY 2025)₹85.46 Lakh0.7%23.0%42Ahmedabad, Gujarat, India
Mangal Steel Enterprises Ltd₹125.95 Cr (FY 2025)4.0%Howrah, West Bengal, India
Rayen Steels Private Limited₹125.87 Cr (FY 2025)-41.0%Bellary, Karnataka, India
Shardashree Ispat Limited₹125.73 Cr (FY 2025)14.0%Nagpur, Maharashtra, India
Mahadeva Steel Mills Private Limited₹125.69 Cr (FY 2025)36.0%Kolkata, West Bengal, India
Shivam Structural and Steel Private Limited₹125.65 Cr (FY 2025)-13.0%Raipur, Chhattisgarh, India

To see the full peer comparison of M.I. Alloys Private Limited, buy the company report.

Auditor

M.I. Alloys Private Limited is audited by RAMAN M JAIN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAMAN M JAIN & COFY 2023113290W

Shareholding

The shareholding of M.I. Alloys Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M.I. Alloys Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21.74 Cr
Satisfied charges
₹22.34 Cr
Breakdown by lending institutions
Canara Bank₹20.74 Cr
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Aug 2025101142877Others₹1 CrOpen
04 Jul 2025101130934Canara Bank₹20.74 CrOpen
31 Aug 2019100289402Hdfc Bank Limited₹20.1 CrSatisfied
22 Mar 201310423919Others₹2.24 CrSatisfied

To see the full charge records of M.I. Alloys Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

M.I. Alloys Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 16 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
an individual supplier
Advatech Refractories Private Limited
Anuj Traders
Vision Entech Private Limited

To see the full MSME payment records of M.I. Alloys Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

M.I. Alloys Private Limited has a workforce of 42 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
42
Active EPFO establishments
2
Employee growth
-23.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2742
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of M.I. Alloys Private Limited, buy the company report.

GST

M.I. Alloys has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCM1407F1ZYGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of M.I. Alloys Private Limited, buy the company report.

Recent activity

M.I. Alloys Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ashokkumar Kanhaiyabaksh Singh was appointed as Director on 23 Apr 2011.

AGM
M.I. Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101142877 was registered on 02 Aug 2025.
Charges
A charge with Canara Bank amounted to Rs. 20.74 Cr with Charge ID 101130934 was registered on 04 Jul 2025.
Charges
A charge registered on 31 Aug 2019 via Charge ID 100289402 with Hdfc Bank Limited was fully satisfied on 21 Jun 2025.
Filing
M.I. Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 20.10 Cr registered on 31 Aug 2019 with Charge ID 100289402 was modified on 02 Dec 2023.
Charges
A charge registered on 22 Mar 2013 via Charge ID 10423919 with Others was fully satisfied on 03 Jul 2020.
Charges
A charge with Others of Rs. 2.24 Cr registered on 22 Mar 2013 with Charge ID 10423919 was modified on 19 Sep 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.10 Cr with Charge ID 100289402 was registered on 31 Aug 2019.
Charges
A charge with Others amounted to Rs. 2.24 Cr with Charge ID 10423919 was registered on 22 Mar 2013.
Appointed
Ashokkumar Kanhaiyabaksh Singh was appointed as Director.
Appointed
Champalal Jayantilal Purohit was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

M.I. Alloys is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 April 2011 (15+ years old) and is registered under CIN U27109GJ2011PTC065126.

M.I. Alloys has 2 current directors:

The latest financial statements of M.I. Alloys on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of M.I. Alloys is 24AAHCM1407F1ZY, registered in Gujarat.

The CIN (Corporate Identification Number) of M.I. Alloys is U27109GJ2011PTC065126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M.I. Alloys has 8 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.

M.I. Alloys was incorporated on 23 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of M.I. Alloys by revenue are L N Metallics Private Limited, Tarun International Limited, Mangal Steel Enterprises Ltd, Rayen Steels Private Limited, Shardashree Ispat Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Ashokkumar Kanhaiyabaksh Singh was appointed as Director on 23 Apr 2011. Champalal Jayantilal Purohit was appointed as Director on 23 Apr 2011.

Yes, M.I. Alloys is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0023249).

M.I. Alloys has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 16 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Oct 2021.

M.I. Alloys can be reached through the website mialloys.com. Its registered office is in Ahmedabad, Gujarat, India.