Monga Ispat Limited
About Monga Ispat Limited
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Monga Ispat Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 08 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27104PB1992PLC012261. Its GSTIN is 03AADCM1262A1ZB (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.79 Cr. It was formerly known as Addi Investments Limited and Master Finvest Growth Limited. It is led by directors including Malti Gupta (Whole-Time Director) and Rahul Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Village Dhandari Khurdnear Phase 7 Focal Point, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.7 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹25.52 Lakh and EBITDA of -₹15.9 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 74% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.99 Cr on record. Court records list 19 cases involving the company, including 8 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Monga Ispat has undergone 3 name changes throughout its history. The company was previously known as Addi Investments Limited, Master Finvest Growth Limited, and Addi Investment Limited. The current legal name is Monga Ispat Limited.
| Company Name | Status |
|---|---|
| Monga Ispat Limited | Current |
| Addi Investments Limited | Previous |
| Master Finvest Growth Limited | Previous |
| Addi Investment Limited | Previous |
CIN history
Monga Ispat has one previous CIN (Corporate Identification Number): L27104PB1992PLC012261. The current CIN is U27104PB1992PLC012261, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104PB1992PLC012261 | Current |
| L27104PB1992PLC012261 | Previous |
Contact details
Monga Ispat Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVillage Dhandari Khurdnear Phase 7 Focal Point, Ludhiana, Punjab, India – 141003
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Monga Ispat 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 Monga Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Monga Ispat Limited, buy the company report.
Financials of Monga Ispat Limited
FY 2021 filings availableMonga Ispat Limited reported revenue of ₹1.7 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA rose 79% 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 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 | ₹1.7 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.52 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Monga Ispat Limited, buy the company report.
Board of directors of Monga Ispat Limited
Monga Ispat has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malti Gupta | Whole-Time Director | 28 Mar 2005 | 21 Years 6 Months | Current |
| Rahul Kumar | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Jamil | Additional Director | 31 Jan 2019 | 7 Years 8 Months | Current |
| Rajiv Gupta Also directs: Manglam Recycling Limited | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Monga Ispat Limited is audited by M P GOYAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P GOYAL & CO | FY 2021 | 000962N |
Shareholding
The shareholding of Monga Ispat Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monga Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2007 | 10078984 | Punjab and Sind Bank | ₹1.6 Cr | Open | |
| 06 Dec 2002 | 80036267 | Punjab & Sind Bank | ₹14.39 Cr | Open |
To see the full charge records of Monga Ispat Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Monga Ispat Limited has 19 court cases on record: 8 filed by Monga Ispat, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 8 | 0 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Execution petition | Filed against the company by M/S Gill International Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against M/S Manglam Recycling Limited and 1 other | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Punjab State Power Corporation Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Ms Gill International Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Punjab and Sind Bank and 1 other | Disposed |
To see the full case history of Monga Ispat 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 Monga Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Monga Ispat Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Monga Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCM1262A1ZB | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monga Ispat Limited, buy the company report.
Recent activity
Monga Ispat Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Rajiv Gupta was appointed as Director on 01 Jul 2020.
2 earlier events are in the company report.
Frequently asked questions
Monga Ispat is an active public limited company based in Ludhiana, Punjab, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 08 May 1992 (34+ years old) and is registered under CIN U27104PB1992PLC012261.
Monga Ispat has 4 current directors:
- Malti Gupta - Whole-Time Director
- Rahul Kumar - Director
- Jamil - Additional Director
- Rajiv Gupta - Director
The latest financial statements of Monga Ispat on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Monga Ispat is 03AADCM1262A1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Monga Ispat is U27104PB1992PLC012261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monga Ispat has 19 court cases on record: 8 filed by the company and 11 filed against it. Most are in the district courts.
Monga Ispat was incorporated on 08 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rajiv Gupta was appointed as Director on 01 Jul 2020. Vijay Kumar Bansal ceased to be Director on 20 Aug 2019. Rahul Kumar was appointed as Director on 19 Aug 2019. Monga Ispat has 8 board changes on record in total.
The registered office of Monga Ispat is at Village Dhandari Khurdnear Phase 7 Focal Point, Ludhiana, Punjab, India – 141003.
Monga Ispat operates in the engineering industry, in the metal foundry and fabrication services segment.