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About
Basic Data Updated:
1 month agoMittal Corp Limited, a renowned company in the steel industry, is known for its exceptional manufacturing of stainless steel billets and flats. These high-quality products are in high demand due to their durability and strength. The company offers a wide range of steel products, including billets, blooms, rolled flats, rounds, angles, hot rolled deformed bars, TMT bars, and wire rods. These products are produced using advanced technology and state-of-the-art equipment, ensuring the highest level of quality. The steel billets, blooms, and flats are manufactured in various thicknesses and widths, catering to the diverse needs of customers. The rounds, angles, and hot rolled deformed bars are also available in different sizes, making them suitable for various construction projects. Additionally, the company produces wire rods from block and garret lines, which are widely used in the manufacturing of various products. Mittal Corp Limited has a state-of-the-art manufacturing facility located in Pithampur, Madhya Pradesh. The facility has an installed annual capacity of 120,000 tonnes, making it one of the largest in the region. The company takes great pride in its advanced production processes and highly skilled workforce, ensuring the production of top-quality steel products.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U27106MH1985PLC169768 |
| Company No. | 169768 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 05 Jul 1985 |
| Date of AGM | 30 Sep 2021 |
| Date of Balance Sheet | 31 Mar 2021 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Products or Services related to Mittal Corp Limited
Environment Protection Services
Wire Rods
TATA TMT Bars
Flat Bars
Financials of Mittal Corp Limited
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%.
Corporate Structure
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People in Mittal Corp Limited
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Executive Team (2)
MJ
Mr Jain
CFOAppointment Date: 01-Sep-2014
Status: Current
MN
Megha Neema Company SecretaryAppointment Date: 16-Sep-2020
Status: Current
Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Oriental Bank Of Commerce Creation Date: 30 Mar 2015 | ₹57.65 Cr | Satisfied |
Oriental Bank Of Commerce Creation Date: 30 Mar 2015 | ₹111.65 Cr | Satisfied |
Others Creation Date: 30 Mar 2015 | ₹58.68 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Shyam Metalics And Energy Limited
Active
21 years 5 months Sanjay Agarwal and Sheetij Agarwal are mutual person
Shyam Sel And Power Limited
Active 32 years 8 months Sanjay Agarwal and Bikram Munka are mutual person
Recent activity within the organization
Charges
A charge registered on 30 Mar 2015 via Charge ID 10563772 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023.
30 Oct 2023Charges
A charge registered on 30 Mar 2015 via Charge ID 10563775 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023.
30 Oct 2023Charges
A charge registered on 30 Mar 2015 via Charge ID 10563780 with Others was fully satisfied on 30 Oct 2023.
30 Oct 2023Charges
A charge registered on 16 May 2012 via Charge ID 10356207 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023.
30 Oct 2023Charges
A charge registered on 20 Aug 2010 via Charge ID 10239349 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023.
30 Oct 2023
Recent News, Updates & Announcement
Shyam Metalics arm gets NCLT nod to acquire Mittal Corp.The Indian bankruptcy court has approved the acquisition of steel maker Mittal Corp Ltd by Shyam Metalics and Energy Ltd The successful bidder Shyam Sel and Power Ltd will pay Rs 351 crore resulting in a 20 recovery for all creditors The financial creditors claim of Rs 1587 crore will receive Rs 3487 crore The lenders had previously approved the revival plan with 100 voting in favor of Shyam Sel and Power .
Economic Times 21 Oct 2023
- NCLAT dismisses Jindal Stainless plea over Mittal Corp asks to approach NCLT.
A twomember NCLAT bench observed the lenders of Mittal Corp were empowered to issue fresh RFRP when none of the resolution plans had been approved by the committee of creditors CoC NCLAT said issues raised by Jindal Stainless subsequent to February 10 2023 when RFRP was issued need no consideration.
Economic Times 30 Mar 2023
- Shyam Metalics eyes 1 bn in revenue from stainless steel business.
Business Standard 08 Mar 2023
Frequently asked questions
What is the Incorporation or founding date of Mittal Corp Limited?
