About Mittal Corp Limited
Data last updated:
Mittal Corp Limited was a public limited company based in Mumbai, Maharashtra, 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 05 July 1985.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH1985PLC169768. Its GSTIN is 23AABCJ1303P1ZT (Madhya Pradesh). The company held 9 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹1,440.91 Cr and a paid-up capital of ₹1,233.76 Cr. It was formerly known as Jewel Seamless Limited and Jewelz Steel and Energy Limited. It was led by directors including Sheetij Agarwal and Bikram Munka.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹36.38 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹19.79 Cr (net margin -54.4%) and EBITDA of -₹5.49 Cr (EBITDA margin -15.1%).
The company had about 11 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Mittal Corp. As per MCA filings, the company had satisfied charges of ₹2,518.29 Cr on record. Court records list 34 cases involving the company, including 6 filed by the company and 28 filed against it; 3 cases are pending. The company has 19 deals on record (10 funding rounds, 8 secondary share transfers, 1 acquisition), with disclosed funding of ₹126.26 Cr; the latest was in October 2023. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Rungta Iron & Steel Private Limited with revenue of ₹36.64 Cr.
The last known website on record is mittalcorp.net.
Name History of Mittal Corp Limited
Mittal Corp has undergone 3 name changes throughout its history. The company was previously known as Jewel Seamless Limited, Jewelz Steel And Energy Limited, and Jewels Seamless Limited. The current legal name is Mittal Corp Limited.
| Company Name | Status |
|---|---|
| Mittal Corp Limited | Current |
| Jewel Seamless Limited | Previous |
| Jewelz Steel And Energy Limited | Previous |
| Jewels Seamless Limited | Previous |
CIN History of Mittal Corp Limited
Mittal Corp has one previous CIN (Corporate Identification Number): U27106MP1985PLC002929. The current CIN is U27106MH1985PLC169768, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106MH1985PLC169768 | Current |
| U27106MP1985PLC002929 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWework Vaswani Chambers, 2nd Floor 264 – 265 Dr Annie Besant Rd Municipal Colony Worli Shivaji Nagar Worli, Mumbai, Maharashtra, India – 400030
- 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
Associated Brands with Mittal Corp Limited
Mittal Corp operates one associated brand: Mittal Corp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stainless steel rebars are manufactured in Mumbai, India. | mittalcorp.net |
Business Activity of Mittal Corp Limited
The main business activity of Mittal Corp is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mittal Corp Limited FY 2021 filings available
Mittal Corp Limited reported revenue of ₹36.38 Cr (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Mittal Corp Limited
Revenue fell 88% in the latest year. EBITDA rose 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mittal Corp Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹36.38 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.79 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 of Mittal Corp Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -54.4% | •••• | •••• | •••• | •••• |
| 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 Mittal Corp 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 of Mittal Corp Limited
Mittal Corp has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheetij Agarwal Also directs: Shyam Metalics and Energy Limited, SS Alufoils Private Limited, Smel Steel Structural Private Limited and 5 more | Director | 31 Oct 2023 | 2 Years 11 Months | As last reported |
| Bikram Munka Also directs: Shyam Sel and Power Limited, Shree Venkateshwara Electrocast Private Limited, Shree Sikhar Iron & Steel Private Limited and 1 more | Director | 31 Oct 2023 | 2 Years 11 Months | As last reported |
| Sanjay Kumar Agarwal Also directs: Shyam Metalics and Energy Limited, Shyam Sel and Power Limited, Smel Specialty Alloys Private Limited and 4 more | Director | 31 Oct 2023 | 2 Years 11 Months | As last reported |
Peer Comparison of Mittal Corp Limited
Mittal Corp Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rungta Iron & Steel Private Limited | ₹36.64 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| Hamy Steel Private Limited | ₹36.6 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Munshi Kewal Steels (India) Private Limited | ₹36.48 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Delhi, India |
| Vinayaka Bright Steels Private Limited | ₹36.44 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Nagpur, Maharashtra, India |
| Savitri Stainless Private Limited | ₹36.38 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Kharkhoda, Sonipat, Haryana, India |
| Mittal Corp Limited this company | ₹36.38 Cr (FY 2021) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Jaiswal Steel Industries Private Limited | ₹36.32 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Jugsalai Jamshedpur, Jharkhand, India |
| Jyotika Strips Private Limited | ₹36.29 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Alwar, Rajasthan, India |
| Krishna Copper Limited | ₹36.25 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Mumbai, Maharashtra, India |
| Isher Megastructures India Private Limited | ₹36.19 Cr (FY 2025) | •••• | •••• | 154.0% | •••• | Pilani, Rajasthan, India |
| Dagasumati Steel Industries Private Limited | ₹36.17 Cr (FY 2023) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mittal Corp by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mittal Corp Limited
Mittal Corp Limited is audited by S A P JAIN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S A P JAIN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mittal Corp Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mittal Corp Limited
| 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 Cr | Satisfied |
| 06 Sep 2014 | Bank of Maharashtra | ₹30 Cr | Satisfied |
Total charge records: 41 View all charges
Deals & Funding of Mittal Corp Limited
Mittal Corp Limited has 19 deals on record (10 funding rounds, 8 secondary share transfers, 1 acquisition), with disclosed funding of ₹126.26 Cr; the latest was in October 2023.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Acquisition | ₹1,233.75 Cr | Buyer: Shyam Sel and Power Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Matashrey Investment Service Private Limited, Future Stainless Steels Private Limited , Parks Webtek Limited Seller: Labh Ganga Marketing Private Limited |
| Nov 2015 | Funding round | ₹9 Cr | Investors: KN Metal Private Limited, Future Stainless Steels Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Matashrey Investment Service Private Limited Seller: Labh Ganga Marketing Private Limited |
| Sep 2012 | Funding round | ₹16.45 Cr | Investors: Labh Ganga Marketing Private Limited , Bennettt Colemn & Company Limited |
Full deal history
All 19 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mittal Corp Limited
Mittal Corp Limited has 34 court cases on record: 6 filed by Mittal Corp, 28 filed against it. 3 cases are pending and 31 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 10 | 1 |
| High courts | 12 | 11 | 2 |
| NCLAT | 7 | 7 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.A.) | Filed by the company against Dhariwal Industries Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Jindal Stainless Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Jindal Stainless Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Manohar Manak Alloys Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Dhariwal Industries Private Limited | Disposed |
Full case history
All 34 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 Mittal Corp Limited
Mittal Corp Limited has a workforce of 11 employees as of Apr 08, 2024.
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 Mittal Corp Limited
Mittal Corp Limited has 21 board changes on record since 2006: 3 appointments and 18 cessations. The latest: Mahendra Kumar Jain ceased to be CFO on 30 Nov 2023.
112 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mittal Corp 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 Mittal Corp 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 Mittal Corp 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 Mittal Corp Limited
Mittal Corp has 9 GST registrations: 2 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCJ1303P1ZT | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AABCJ1303P2ZS | Madhya Pradesh | Active | 01 Jul 2017 |
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 Mittal Corp 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.
Related news about Mittal Corp Limited
Frequently Asked Questions about Mittal Corp Limited
Mittal Corp 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.
Mittal Corp was a public limited company based in Mumbai, Maharashtra, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 July 1985 and is registered under CIN U27106MH1985PLC169768. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mittal Corp was incorporated on 05 July 1985. It is registered with the Registrar of Companies, Mumbai.
Mittal Corp had 3 directors:
- Sheetij Agarwal - Director
- Bikram Munka - Director
- Sanjay Kumar Agarwal - Director
The CIN (Corporate Identification Number) of Mittal Corp is U27106MH1985PLC169768. 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 Mittal Corp is at Wework Vaswani Chambers, 2nd Floor 264 – 265 Dr Annie Besant Rd Municipal Colony Worli Shivaji Nagar Worli, Mumbai, Maharashtra, India – 400030.
Mittal Corp can be reached through the website mittalcorp.net. Its registered office is in Mumbai, Maharashtra, India.
Mittal Corp reported revenue of ₹36.38 Cr for FY 2021 (down 88% YoY).
Mittal Corp has an authorised share capital of ₹1,440.91 Cr and a paid-up capital of ₹1,233.76 Cr.
Mittal Corp reported a net loss of ₹19.79 Cr (net margin -54.4%) and EBITDA of -₹5.49 Cr (EBITDA margin -15.1%) for FY 2021, as per its filed financial statements.
The GSTIN of Mittal Corp is 23AABCJ1303P1ZT, registered in Madhya Pradesh. The company has 9 GST registrations in all, of which 2 are active and 7 are cancelled or inactive. Other active GSTINs include 23AABCJ1303P2ZS (Madhya Pradesh).