About Mivaan Steels Limited
Data last updated:
Mivaan Steels Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Jsw Ispat Special Products Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2021PLC371388. Its GSTIN is 27AAPCM1752M1ZX (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹780 Cr and a paid-up capital of ₹330.01 Cr. It is led by directors including Suresh Dagduji Pawar (Whole-Time Director) and Anupam Kumar Sinha.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jsw Centre Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,399.87 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹119.67 Cr (net margin 8.5%) and EBITDA of ₹182.87 Cr (EBITDA margin 13.1%).
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is 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 aionjsw.in.
Company details
Contact details
Mivaan Steels Limited's registered office is in Mumbai, Maharashtra. Its website is aionjsw.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJsw Centre Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mivaan 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
Business activity
The main business activity of Mivaan Steels is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Mivaan Steels Limited, buy the company report.
Financials of Mivaan Steels Limited
FY 2025 filings availableMivaan Steels Limited reported revenue of ₹1,399.87 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA fell 12% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹182.87 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹119.67 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.1% | |||
| Net Profit Margin | 8.5% | |||
| 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 Mivaan Steels Limited, buy the company report.
Board of directors and KMP of Mivaan Steels Limited
Mivaan Steels Limited currently reports 6 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupam Kumar Sinha Also directs: MP Monnet Mining Company Limited | Director | 24 Feb 2022 | 4 Years 8 Months | Current |
| Jyoti Vivek Mishra | Director | 24 Feb 2022 | 4 Years 8 Months | Current |
| Raj Kumar Patel | Director | 19 Jul 2022 | 4 Years 3 Months | Current |
| Suresh Dagduji Pawar | Whole-Time Director | 27 Nov 2025 | 0 Years 11 Months | Current |
| Manoj Gupta | Company Secretary | 06 Nov 2025 | 0 Years 11 Months | Current |
| Deepa Sharokh Yezdegardi Also directs: JSW Steel Coated Products Limited, JSW Motors Limited | Director | 12 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Mivaan Steels Limited is audited by JPMK &Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JPMK &Company | FY 2023 | 124193W |
Shareholding
The shareholding of Mivaan Steels Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mivaan Steels Limited, buy the company report.
Legal cases
Mivaan Steels Limited has 4 court cases on record: 3 filed by Mivaan Steels, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Appeal | Filed by the company against M/S Bharat Cooking Coal Limited Through Its Chairman Cum Managing Director | Pending |
| High Court of Chhattisgarh | Writ petition | Filed by the company against State of Chhattisgarh | Disposed |
| High Court of Jharkhand | Writ petition | Filed against the company | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against M/S Bharat Cooking Coal Limited | Disposed |
To see the full case history of Mivaan 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
No delayed payments to MSME suppliers are on our record for Mivaan Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mivaan Steels Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Mivaan Steels has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM1752M1ZX | Maharashtra | Active | 01 Sep 2022 |
| 22AAPCM1752M1Z7 | Chattisgarh | Active | 21 Jun 2023 |
| 07AAPCM1752M1ZZ | Delhi | Active | 30 Jun 2023 |
| 20AAPCM1752M1ZB | Jharkhand | Active | 04 Aug 2023 |
To see the full GST registrations and return filing status of Mivaan Steels Limited, buy the company report.
Recent activity
Mivaan Steels Limited has 15 board changes on record since 2021: 11 appointments and 4 cessations. The latest: Suresh Dagduji Pawar was appointed as Whole-Time Director on 27 Nov 2025.
6 earlier events are in the company report.
Frequently asked questions
Mivaan Steels is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 November 2021 (5+ years old) and is registered under CIN U27100MH2021PLC371388.
Mivaan Steels has 7 current directors and KMP:
- Suresh Dagduji Pawar - Whole-Time Director
- Anupam Kumar Sinha - Director
- Jyoti Vivek Mishra - Director
- Raj Kumar Patel - Director
- Deepa Sharokh Yezdegardi - Director
- Suresh Kumar Tiwari - Director
- Manoj Gupta - Company Secretary
The latest financial statements of Mivaan Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 July 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Mivaan Steels is 27AAPCM1752M1ZX, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 22AAPCM1752M1Z7 (Chattisgarh), 07AAPCM1752M1ZZ (Delhi), 20AAPCM1752M1ZB (Jharkhand).
The CIN (Corporate Identification Number) of Mivaan Steels is U27100MH2021PLC371388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mivaan Steels has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Mivaan Steels was incorporated on 12 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Suresh Dagduji Pawar was appointed as Whole-Time Director on 27 Nov 2025. Manoj Gupta was appointed as Company Secretary on 06 Nov 2025. Deepa Sharokh Yezdegardi was appointed as Director on 12 Jul 2024. Mivaan Steels has 15 board changes on record in total.
Mivaan Steels can be reached through the website aionjsw.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mivaan Steels is at Jsw Centre Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
