Mittal Steels Limited. - metals and minerals in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U29194MH1971PLC438199 Incorporated 29 December 1971 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Public Limited Company metals and minerals
Data last updated
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹45.92 Cr
Company age
55 yrs
Est. 1971
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
19 Sep 2025
Annual general meeting

About Mittal Steels Limited.

Data last updated:

Mittal Steels Limited. is a public limited company based in Nagpur, Maharashtra, India, a subsidiary of Mitcon Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 December 1971 and has been in existence for over 55 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29194MH1971PLC438199. Its GSTIN is 29AABCM1490Q1ZW (Karnataka).

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Narendra Kumar Jain and Chaitanya Hari Singhania.

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.

As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹45.92 Cr on record. Court records list 20 cases involving the company, including 1 filed by the company and 19 filed against it; 2 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 msplm.com.

Company details

CIN U29194MH1971PLC438199
Registration Number 438199
Incorporation Date 29 December 1971
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mitcon Private Limited
Compliance Status Active Compliant

CIN history

Mittal Steels Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29194MH1971PLC438199, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29194MH1971PLC438199Current
U29194KA1971PLC002897Previous
U85110KA1971PLC002897Previous

Contact details

Mittal Steels Limited.'s registered office is in Nagpur, Maharashtra.

  • Registered Address
    A – 9 Bid – Ganeshpur, MIDC Butibori Industrial Area, Nagpur, Maharashtra, India – 441122
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
Mittal Steels Limited. - one report that includes everything
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  • 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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Financials of Mittal Steels Limited.

FY 2025 filings available

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Mittal Steels Limited., buy the company report.

Board of directors of Mittal Steels Limited.

Mittal Steels Limited has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Narendra Kumar JainDirector01 Aug 20224 Years 2 MonthsCurrent
Chaitanya Hari SinghaniaDirector11 Jan 201610 Years 9 MonthsCurrent
Mamta SinghaniaDirector04 Sep 201214 Years 1 MonthsCurrent

Charges & borrowings

Open charges
₹3 Cr
Satisfied charges
₹45.92 Cr
Breakdown by lending institutions
Industrial Investment Bank of India₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 198790384818Industrial Investment Bank of India₹3 CrOpen
21 Dec 199990384847Canara Bank₹2.5 CrSatisfied
09 Jun 199880053631Ksfc₹1 CrSatisfied
31 Mar 199890384844Krishi Projects Private Limited₹3.25 CrSatisfied
26 Oct 199790384843Krishi Projects Private Limited₹1.75 CrSatisfied

To see the full charge records of Mittal Steels Limited., buy the company report.

Total charge records: 19 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mittal Steels Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mittal Steels Limited has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCM1490Q1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Mittal Steels Limited., buy the company report.

Recent activity

Mittal Steels Limited. has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Narendra Kumar Jain ceased to be Additional Director on 30 Sep 2022.

AGM
Mittal Steels Limited. last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Filing
Mittal Steels Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 24 Oct 1997 via Charge ID 90384842 with Karnataka State Industrial Investment & Develop. Corporation was fully satisfied on 09 Nov 2022.
Charges
A charge registered on 25 Oct 1996 via Charge ID 90384837 with Karnataka State Industrial Investment & Development Corporat was fully satisfied on 09 Nov 2022.
Charges
A charge registered on 13 Mar 1995 via Charge ID 90384832 with Karnataka State Industrial Investment & Develop. Corporation was fully satisfied on 09 Nov 2022.
Ceased
Narendra Kumar Jain ceased to be Additional Director.
Appointed
Narendra Kumar Jain was appointed as Director.
Charges
A charge registered on 31 Mar 1998 via Charge ID 90384844 with Krishi Projects Private Limited was fully satisfied on 21 Jun 2017.
Charges
A charge registered on 26 Oct 1997 via Charge ID 90384843 with Krishi Projects Private Limited was fully satisfied on 21 Jun 2017.
Charges
A charge registered on 15 Nov 1996 via Charge ID 90384838 with Krishi Projects Private Limited was fully satisfied on 21 Jun 2017.
Charges
A charge registered on 18 Jan 1995 via Charge ID 80053628 with Krishi Projects Private Limited was fully satisfied on 21 Jun 2017.
Charges
A charge registered on 30 Sep 1991 via Charge ID 80053632 with Krishi Projects Private Limited was fully satisfied on 21 Jun 2017.

50 earlier events are in the company report.

Frequently asked questions

Mittal Steels Limited is an active public limited company based in Nagpur, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 December 1971 (55+ years old) and is registered under CIN U29194MH1971PLC438199.

Mittal Steels Limited has 3 current directors:

The latest financial statements of Mittal Steels Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mittal Steels Limited is 29AABCM1490Q1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Mittal Steels Limited is U29194MH1971PLC438199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mittal Steels Limited has 20 court cases on record: 1 filed by the company and 19 filed against it. 2 are pending. Most are in the high courts.

Mittal Steels Limited was incorporated on 29 December 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.

Narendra Kumar Jain ceased to be Additional Director on 30 Sep 2022. Narendra Kumar Jain was appointed as Director on 01 Aug 2022. Chaitanya Hari Singhania ceased to be Additional Director on 31 Mar 2016. Mittal Steels Limited has 12 board changes on record in total.

Mittal Steels Limited can be reached through the website msplm.com. Its registered office is in Nagpur, Maharashtra, India.

The registered office of Mittal Steels Limited is at A – 9 Bid – Ganeshpur, MIDC Butibori Industrial Area, Nagpur, Maharashtra, India – 441122.