Mittal Corp Limited - Company Profile

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1985.

1985 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 22, 2025

About Mittal Corp Limited

Mittal Corp Limited, a amalgamated public limited company, was established on 05 July 1985 in Mumbai, Maharashtra, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27106MH1985PLC169768. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,440.91 Cr and a paid-up capital of ₹1,233.76 Cr.

Formerly known as Jewel Seamless Limited, Jewelz Steel And Energy Limited. It upholds a compliant status. Employing 11 professional, Its leadership includes Sheetij Agarwal (Director), Bikram Munka (Director), Sanjay Kumar Agarwal (Director). Past directors included Brajagopal Sandhibigraha, Awadhesh Kumar Gupta, Rakesh Saha. It holds no open charges and ₹2,518.29 Cr settled loans. Its latest AGM occurred on 30 September 2021, with the balance sheet filed on 31 March 2021. It is based at Wework Vaswani Chambers,, 2Nd Floor, 264-265, Dr Annie Besant Rd, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, Maharashtra, 400030.

Company Details

CIN/LLPIN
U27106MH1985PLC169768
Registration Number
169768
Incorporation Date
05 July 1985
Authorized Capital
₹1,440.91 Cr
Paid-Up Capital
₹1,233.76 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 1,440.91 Cr as on 22-07-2025
Paid Up Capital ₹ 1,233.76 Cr as on 22-07-2025
Company Age 40 Year, 7 Months
Last Filing with ROC 31 Mar 2021
Satisfied Charges ₹ 2,518.29 Cr as on 22-07-2025
Revenue Growth **** -87.67% (FY 2021)
Profit Growth **** 23.38% (FY 2021)
Ebitda **** 43.72% (FY 2021)
Net Worth -2.80% (FY 2021)
Total Assets -13.49% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Mittal Corp 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 Mittal Corp Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sheetij Agarwal	Director	31 Oct 2023	Current
Bikram Munka	Director	31 Oct 2023	Current
Sanjay Kumar Agarwal	Director	31 Oct 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	27 Sep 2018	Past
Pramod Abcsdd	Company Secretary	09 Mar 2020	Past
Pramod Abcsdd	Director	31 Oct 2023	Past
Pramod Abcsdd	Director	21 Dec 2011	Past
Pramod Abcsdd	Additional Director	29 Sep 2016	Past
Pramod Abcsdd	Additional Director	10 Oct 2015	Past

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Financial Performance of Mittal Corp.

Mittal Corp Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 87.67% decrease. The company also saw a substantial improvement in profitability, with a 23.38% increase in profit. The company's net worth dipped by a decrease of 2.8%.

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

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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

********

-87.67%

*******

Revenue from Operations

*******

-88.10%

*******

Total Assets

*******

-13.49%

*******

Profit or Loss

*******

23.38%

*******

Net Worth

*******

-2.80%

*******

EBITDA

*******

43.72%

*******

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What is the Ownership and Shareholding Structure of Mittal Corp?

In 2021, Mittal Corp had a promoter holding of 34.04% and a public holding of 65.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹25,182,865,800.00

Charges Breakdown by Lending Institutions

Oriental Bank Of Commerce : 1880.36 Cr
State Bank Of India : 260.00 Cr
Icici Bank Limited : 108.00 Cr
Others : 58.68 Cr
Idbi Bank Limited : 52.15 Cr
Others : 159.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Mar 2015	Others	₹58.68 Cr	Satisfied
30 Mar 2015	Oriental Bank Of Commerce	₹57.65 Cr	Satisfied
30 Mar 2015	Oriental Bank Of Commerce	₹111.65 Cr	Satisfied
01 Oct 2014	Oriental Bank Of Commerce	₹66.00 Cr	Satisfied
06 Sep 2014	Bank Of Maharashtra	₹30.00 Cr	Satisfied

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How Many Employees Work at Mittal Corp?

Mittal Corp has a workforce of 11 employees as of Apr 08, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mittal Corp, 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 Mittal Corp's trajectory.

Rating

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

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 Mittal Corp

Recent Activity within the Organization

Director Appointment

Sheetij Agarwal was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 2 years 4 months . was recorded as a recent event.
31 Oct 2023
Director Appointment

The activity Bikram Munka was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 2 years 4 months . was completed.
31 Oct 2023
Director Appointment

Progress on Sanjay Kumar Agarwal was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 2 years 4 months . was documented.
31 Oct 2023
Charges

The activity A charge registered on 30 Mar 2015 via Charge ID 10563772 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023. was completed.
30 Oct 2023
Charges

A charge registered on 30 Mar 2015 via Charge ID 10563775 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023. was recorded as a recent event.
30 Oct 2023
Charges

The activity A charge registered on 30 Mar 2015 via Charge ID 10563780 with Others was fully satisfied on 30 Oct 2023. was completed.
30 Oct 2023

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