MJJ Steel Private Limited
About MJJ Steel Private Limited
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MJJ Steel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 10 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27101MH2009PTC196995.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.51 Cr. It was formerly known as Maa Jai Jyota Wali Steel Private Limited and Ushdev Steel Private Limited. It is led by directors Shashikant Prakash Narkar and Prateek Vijay Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor New Harileela House Mint Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.34 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹50.58 Lakh (net margin 37.9%) and EBITDA of -₹21.47 Lakh (EBITDA margin -16.1%). Revenue has declined at a compounded annual rate (CAGR) of 376% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹8 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 1 deal on record (1 acquisition); the latest was in March 2013.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
MJJ Steel has undergone 2 name changes throughout its history. The company was previously known as Maa Jai Jyota Wali Steel Private Limited, and Ushdev Steel Private Limited. The current legal name is Mjj Steel Private Limited.
| Company Name | Status |
|---|---|
| MJJ Steel Private Limited | Current |
| Maa Jai Jyota Wali Steel Private Limited | Previous |
| Ushdev Steel Private Limited | Previous |
Contact details
MJJ Steel Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6th Floor New Harileela House Mint Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of MJJ Steel Private 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
Financials of MJJ Steel Private Limited
FY 2024 filings availableMJJ Steel Private Limited reported revenue of ₹1.34 Cr (down 65% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 65% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.58 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.1% | ||||
| Net Profit Margin | 37.9% | ||||
| 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 MJJ Steel Private Limited, buy the company report.
Board of directors of MJJ Steel Private Limited
MJJ Steel has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant Prakash Narkar Also directs: Pragma Global Trade Limited | Director | 25 May 2022 | 4 Years 5 Months | Current |
| Prateek Vijay Gupta Also directs: Pragma Global Trade Limited, Hurricane Windfarms Private Limited, Ultravolt Power Private Limited and 5 more | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
Auditor
MJJ Steel Private Limited is audited by SUMEDHA PRABHU & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMEDHA PRABHU & COMPANY | FY 2022 | 121635W |
Shareholding
The shareholding of MJJ Steel Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MJJ Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2014 | 10491348 | Dombivli Nagari Sahakari Bank Ltd | ₹20 Cr | Open | |
| 02 Aug 2011 | 10302397 | Ushdev International Limited | ₹8 Cr | Satisfied |
To see the full charge records of MJJ Steel Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
MJJ Steel Private Limited has 1 deal on record (1 acquisition); the latest was in March 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Acquisition | Undisclosed | Buyer: Ushdev International Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MJJ Steel Private Limited has 5 court cases on record: 2 filed by MJJ Steel, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Shree Bhimeshwari Ispat Pvt. Ltd.@Revn.---17,Ma-2035-17-Aplcnt. and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Shree Bhimeshwari Ispat Pvt. Ltd. Through Ashokkumar S. Jindal and Ors | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against M/S. Shree Bimehswari Ispat Pvt. Ltd. | Disposed |
To see the full case history of MJJ Steel Private 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 MJJ Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for MJJ Steel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MJJ Steel Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Shashikant Prakash Narkar ceased to be Additional Director on 30 Sep 2022.
3 earlier events are in the company report.
Frequently asked questions
MJJ Steel is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 10 November 2009 (17+ years old) and is registered under CIN U27101MH2009PTC196995.
MJJ Steel has 2 current directors:
- Shashikant Prakash Narkar - Director
- Prateek Vijay Gupta - Director
The latest financial statements of MJJ Steel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of MJJ Steel is U27101MH2009PTC196995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MJJ Steel has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
MJJ Steel was incorporated on 10 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
MJJ Steel has 1 deal on record (1 acquisition); the latest was in March 2013.
Shashikant Prakash Narkar ceased to be Additional Director on 30 Sep 2022. Shashikant Prakash Narkar was appointed as Director on 25 May 2022. Sucheta Sainath Mahadik ceased to be Director on 25 May 2022. MJJ Steel has 9 board changes on record in total.
The registered office of MJJ Steel is at 6th Floor New Harileela House Mint Road Fort, Mumbai, Maharashtra, India – 400001.
MJJ Steel operates in the metals and minerals industry, in the metal retail and distribution segment.
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