Mahajan Steels and Wires Private Limited

Mahajan Steels and Wires Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U74999PB2009PTC032750 Incorporated 15 April 2009 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹1.1 Cr
▼ 74% YoY
Net loss · FY 2025
₹4.78 Cr
Net margin -435%
EBITDA · FY 2025
-₹3.5 Cr
EBITDA margin -319%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.65 Cr
Issued & subscribed
Open charges
₹8,000
Satisfied ₹18.39 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
3
Provident fund records

About Mahajan Steels and Wires Private Limited

Data last updated:

Mahajan Steels and Wires Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 15 April 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2009PTC032750. Its GSTIN is 03AAFCM9872J1Z2 (Punjab).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.65 Cr. It was formerly known as Mahajan Engineering Works Private Limited. It is led by directors Narinder Nath and Umesh Mahajan.

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 Village Paharuwal Behind Budhewal Sugar Mills, Ludhiana, Punjab, India – 141112.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Cr (net margin -435%) and EBITDA of -₹3.5 Cr (EBITDA margin -319%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 45% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8,000 and satisfied charges of ₹18.39 Cr on record. Court records list 21 cases involving the company, including 14 filed by the company and 7 filed against it; 5 cases are pending.

Mahajan Steels and Wires Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0009708). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999PB2009PTC032750
Registration Number 032750
Incorporation Date 15 April 2009
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0009708
Key People
Narinder Nath Director Umesh Mahajan Director

Recognitions & Rankings of Mahajan Steels and Wires

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-12-0009708

Contact details

Mahajan Steels and Wires Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Village Paharuwal Behind Budhewal Sugar Mills, Ludhiana, Punjab, India – 141112
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Mahajan Steels and Wires Private Limited, buy the company report.

Comprehensive company report
Mahajan Steels and Wires Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Mahajan Steels and Wires is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Mahajan Steels and Wires Private Limited, buy the company report.

Financials of Mahajan Steels and Wires Private Limited

FY 2024 filings available

Mahajan Steels and Wires Private Limited reported revenue of ₹1.1 Cr (down 74% YoY) for FY 2025.

Revenue · FY 2025
₹1.1 Cr ▼ 74%
Net loss · FY 2025
₹4.78 Cr margin -435%
EBITDA · FY 2025
-₹3.5 Cr margin -319%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 59%
5 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 58%
5 years · compounded
▼ 33%

Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 74% fall in the latest year. EBITDA rose 23% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹3.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.78 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-319%
Net Profit Margin-435%
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 Mahajan Steels and Wires Private Limited, buy the company report.

Board of directors of Mahajan Steels and Wires Private Limited

Mahajan Steels and Wires has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Narinder Nath
Also directs: Mahajan Wires Pvt Ltd, Hippo Bikes Private Limited
Director15 Apr 200917 Years 6 MonthsCurrent
Umesh Mahajan
Also directs: Mahajan Wires Pvt Ltd, Quinn Sustainable Solutions Private Limited
Director15 Jan 201511 Years 9 MonthsCurrent
View all directors

Auditor

Mahajan Steels and Wires Private Limited is audited by JUJHAR SINGH MAKKAR for the financial year 2022.

Auditor firmFinancial yearFirm registration number
JUJHAR SINGH MAKKARFY 2022512527

Shareholding

The shareholding of Mahajan Steels and Wires Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mahajan Steels and Wires Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8,000
Satisfied charges
₹18.39 Cr
Breakdown by lending institutions
City Union Bank Limited₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Jul 2025101127154City Union Bank Limited₹8,000Open
29 Nov 2018100220923Others₹9.06 CrSatisfied
07 Jul 2017100120911Others₹4.95 CrSatisfied
16 Jan 201210337907State Bank of India₹4.38 CrSatisfied

To see the full charge records of Mahajan Steels and Wires Private Limited, buy the company report.

Total charge records: 4 View all charges

Credit ratings & regulatory alerts

Mahajan Steels and Wires Private Limited was last rated by Care on 07 Jun 2022.

Rating agencyRated onRating
Care07 Jun 2022

To see the full credit ratings and regulatory alerts of Mahajan Steels and Wires Private Limited, buy the company report.

MSME payment delays

Mahajan Steels and Wires Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 44 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
Gem Technologies
GR Electrical & Electronics
H.T. Sales Corporation
an individual supplier
Tinab Products

To see the full MSME payment records of Mahajan Steels and Wires Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mahajan Steels and Wires Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-87.5%

GST

Mahajan Steels and Wires has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAFCM9872J1Z2PunjabActive01 Jul 2017

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

Recent activity

Mahajan Steels and Wires Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Rita Mahajan ceased to be Director on 23 Oct 2021.

Charges
A charge with City Union Bank Limited amounted to Rs. 0.00 Cr with Charge ID 101127154 was registered on 10 Jul 2025.
Charges
A charge registered on 29 Nov 2018 via Charge ID 100220923 with Others was fully satisfied on 08 May 2025.
AGM
Mahajan Steels And Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mahajan Steels And Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 07 Jul 2017 via Charge ID 100120911 with Others was fully satisfied on 12 Jul 2023.
Ceased
Rita Mahajan ceased to be Director.
Charges
A charge with Others of Rs. 9.06 Cr registered on 29 Nov 2018 with Charge ID 100220923 was modified on 31 Jul 2020.
Charges
A charge with Others amounted to Rs. 9.06 Cr with Charge ID 100220923 was registered on 29 Nov 2018.
Charges
A charge registered on 16 Jan 2012 via Charge ID 10337907 with State Bank Of India was fully satisfied on 09 Aug 2017.
Charges
A charge with Others of Rs. 4.95 Cr registered on 07 Jul 2017 with Charge ID 100120911 was modified on 08 Aug 2017.
Ceased
Ravinder Nath Mahajan ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 100120911 was registered on 07 Jul 2017.

9 earlier events are in the company report.

Frequently asked questions

Mahajan Steels and Wires is an active private limited company based in Ludhiana, Punjab, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 15 April 2009 (17+ years old) and is registered under CIN U74999PB2009PTC032750.

Mahajan Steels and Wires has 2 current directors:

The latest financial statements of Mahajan Steels and Wires 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 GSTIN of Mahajan Steels and Wires is 03AAFCM9872J1Z2, registered in Punjab.

The CIN (Corporate Identification Number) of Mahajan Steels and Wires is U74999PB2009PTC032750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahajan Steels and Wires has 21 court cases on record: 14 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.

Mahajan Steels and Wires was incorporated on 15 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.

Rita Mahajan ceased to be Director on 23 Oct 2021. Ravinder Nath Mahajan ceased to be Director on 08 Aug 2017. Dinesh Mahajan ceased to be Director on 01 Nov 2016. Mahajan Steels and Wires has 8 board changes on record in total.

Yes, Mahajan Steels and Wires is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0009708).

Mahajan Steels and Wires has 3 MSME Form 1 returns on record between 2019 and 2021, listing 44 overdue payments to 15 micro and small suppliers. The latest return was filed on 12 Jun 2021.

The registered office of Mahajan Steels and Wires is at Village Paharuwal Behind Budhewal Sugar Mills, Ludhiana, Punjab, India – 141112.