About Mideast Integrated Steels Limited
Data last updated:
Mideast Integrated Steels Limited is a public limited company based in New Delhi, Delhi, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 07 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1992PLC050216. Its GSTIN is 07AAACM0846P2Z6 (Delhi). The company holds 7 GST registrations, of which 3 are active. It is recorded as listed by MCA, but trading in its shares on BSE (540744) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹180 Cr and a paid-up capital of ₹137.88 Cr. It is led by directors including Prasant Kumar Misra and Harsh Kumar.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H – 1 Zamrudpur Comunity Centre Kailash Colony, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.05 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹239.15 Cr and EBITDA of -₹49.99 Cr (EBITDA margin -106.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mesco Steel. As per MCA filings, the company has open charges of ₹761.44 Cr and satisfied charges of ₹940.68 Cr on record. Court records list 152 cases involving the company, including 50 filed by the company and 103 filed against it; 38 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mescosteel.com.
Company details
CIN history
Mideast Integrated Steels has one previous CIN (Corporate Identification Number): U74899DL1992PTC050216. The current CIN is L74899DL1992PLC050216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1992PLC050216 | Current |
| U74899DL1992PTC050216 | Previous |
Contact details
Mideast Integrated Steels Limited's registered office is in New Delhi, Delhi. Its website is mescosteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH – 1 Zamrudpur Comunity Centre Kailash Colony, New Delhi, Delhi, India – 110048
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Mideast Integrated Steels 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
Brands
Mideast Integrated Steels operates one associated brand: Mesco Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel production, iron ore mining, and raw material handling in India. | mescosteel.com |
Business activity
The main business activity of Mideast Integrated Steels is mining and quarrying. In detail, this covers mining of metal ores.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores |
To see the full business activity and turnover split of Mideast Integrated Steels Limited, buy the company report.
Financials of Mideast Integrated Steels Limited
FY 2025 filings availableMideast Integrated Steels Limited reported revenue of ₹47.05 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹47.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹49.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹239.15 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -106.2% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Mideast Integrated Steels Limited, buy the company report.
Board of directors of Mideast Integrated Steels Limited
Mideast Integrated Steels has 6 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasant Kumar Misra Also directs: De-Maithan Ispat Limited | Director | 23 Nov 2021 | 4 Years 11 Months | Current |
| Asit Kumar Ray | Additional Director | 09 Dec 2025 | 0 Years 10 Months | Current |
| Harsh Kumar | Director | 01 Jan 2025 | 1 Years 9 Months | Current |
| Amarendra Khatua | Director | 30 Jul 2024 | 2 Years 2 Months | Current |
| Rita Singh | Additional Director | 30 May 2026 | 0 Years 4 Months | Current |
| Natasha Sinha | Additional Director | 30 May 2026 | 0 Years 4 Months | Current |
Auditor
Mideast Integrated Steels Limited is audited by Ashok Shyam & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Shyam & Associates | FY 2023 | 01223N |
Shareholding
The shareholding of Mideast Integrated Steels Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mideast Integrated Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2024 | 100940854 | Sbicap Trustee Company Limited | ₹502 Cr | Open | |
| 15 Feb 2017 | 100088844 | Others | ₹64.18 Lakh | Open | |
| 08 Sep 2016 | 100069463 | Others | ₹7.93 Cr | Open | |
| 10 Oct 2005 | 80022426 | Standard Chartered Bank | ₹27 Cr | Open | |
| 17 Feb 2005 | 80022860 | Standard Chartered Bank | ₹27 Cr | Open |
To see the full charge records of Mideast Integrated Steels Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Mideast Integrated Steels Limited has 152 court cases on record: 50 filed by Mideast Integrated Steels, 103 filed against it. 38 cases are pending and 114 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 73 | 36 | 21 |
| District courts | 42 | 39 | 15 |
| NCLAT | 14 | 11 | 1 |
| NCLT | 13 | 13 | 0 |
| Supreme Court | 10 | 4 | 1 |
Cases on record (5 of 152)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Moorgate Industries India Private Limited. and 6 others | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by SMN Tradecomm Private Limited Cyril Amarchand Mangaldas | Pending |
| High Court of Orissa | Writ petition | Filed against the company by M/S. Shark Mines and Minerals Pvt. Ltd., BBSR | Pending |
| District court, South East, Delhi | Appeal | Filed against the company by M/S Heavy Engineering Corporation Limited | Pending |
| High Court of Orissa | Writ petition | Filed against the company by M/S Hazel Mercantile Ltd., Berhampur | Pending |
To see the full case history of Mideast Integrated Steels 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
Mideast Integrated Steels Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 26 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 (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Parag Vinimay Private Limited | |||
| an individual supplier | |||
| Shubh Minerals Private Limited | |||
| Misus Refractories & Allied Services |
To see the full MSME payment records of Mideast Integrated Steels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mideast Integrated Steels has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Maithan Ispat Limited | U27109WB2003PLC096854 |
To see the full group structure of Mideast Integrated Steels Limited, buy the company report.
Employees & EPFO
Mideast Integrated Steels Limited has a workforce of 22 employees on its EPFO records as of Oct 11, 2025, across 1 active EPFO establishment.
GST
Mideast Integrated Steels has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM0846P2Z6 | Delhi | Active | 09 Sep 2017 |
| 07AAACM0846P3Z5 | Delhi | Active | 13 May 2024 |
| 19AAACM0846P2Z1 | West Bengal | Active | 02 Jan 2018 |
To see the full GST registrations and return filing status of Mideast Integrated Steels Limited, buy the company report.
Recent activity
Mideast Integrated Steels Limited has 59 board changes on record since 1992: 33 appointments and 26 cessations. The latest: Natasha Sinha was appointed as Additional Director on 30 May 2026.
109 earlier events are in the company report.
News
Frequently asked questions
Mideast Integrated Steels is an active public limited company based in New Delhi, Delhi, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 07 September 1992 (34+ years old) and is registered under CIN L74899DL1992PLC050216.
Mideast Integrated Steels has 6 current directors:
- Prasant Kumar Misra - Director
- Asit Kumar Ray - Additional Director
- Harsh Kumar - Director
- Amarendra Khatua - Director
- Rita Singh - Additional Director
- Natasha Sinha - Additional Director
The latest financial statements of Mideast Integrated Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mideast Integrated Steels is 07AAACM0846P2Z6, registered in Delhi. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 07AAACM0846P3Z5 (Delhi), 19AAACM0846P2Z1 (West Bengal).
The CIN (Corporate Identification Number) of Mideast Integrated Steels is L74899DL1992PLC050216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mideast Integrated Steels is recorded as a listed company by MCA, but trading in its shares on BSE (540744) has been suspended, so they do not currently trade on a stock exchange.
Mideast Integrated Steels has 152 court cases on record: 50 filed by the company and 103 filed against it. 38 are pending. Most are in the high courts.
Mideast Integrated Steels was incorporated on 07 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Natasha Sinha was appointed as Additional Director on 30 May 2026. Rita Singh was appointed as Additional Director on 30 May 2026. Asit Kumar Ray was appointed as Additional Director on 09 Dec 2025. Mideast Integrated Steels has 59 board changes on record in total.
Mideast Integrated Steels has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 26 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Mideast Integrated Steels can be reached through the website mescosteel.com. Its registered office is in New Delhi, Delhi, India.