- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0005049

About Mahamanav Ispat Private Limited
Data last updated:
Mahamanav Ispat Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27101KA2006PTC038930. Its GSTIN is 29AAECM7134L1Z2 (Karnataka).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.5 Cr. It is led by directors Thalahari Hanumanthappa Suresh Babu and Thalahari Hanumanthappa Deepa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy.No.81A & 82A Belagal Village, Bellary, Karnataka, India – 583102.
As per the financials filed for FY 2025, the company reported a revenue of ₹229.92 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹32.47 Lakh (net margin 0.1%) and EBITDA of ₹5.97 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 23% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹133.01 Cr and satisfied charges of ₹72.37 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending. The company has 17 deals on record (13 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹3.99 Cr; the latest was in April 2024. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 5 smaller; the largest is Janki Metal Strips Limited with revenue of ₹231.54 Cr.
Mahamanav Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0005049). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahamanavispat.com.
Company details
Recognitions & Rankings of Mahamanav Ispat
Contact details
Mahamanav Ispat Private Limited's registered office is in Bellary, Karnataka. Its website is mahamanavispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy.No.81A & 82A Belagal Village, Bellary, Karnataka, India – 583102
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mahamanav Ispat 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
Business activity
The main business activity of Mahamanav 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 Mahamanav Ispat Private Limited, buy the company report.
Financials of Mahamanav Ispat Private Limited
FY 2025 filings availableMahamanav Ispat Private Limited reported revenue of ₹229.92 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 25% growth in the latest year. EBITDA fell 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.97 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹32.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Mahamanav Ispat Private Limited, buy the company report.
Board of directors of Mahamanav Ispat Private Limited
Mahamanav Ispat has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thalahari Hanumanthappa Suresh Babu Also directs: S B Steels and Minerals India Private Limited | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Thalahari Hanumanthappa Deepa Also directs: S B Steels and Minerals India Private Limited | Director | 04 Feb 2021 | 5 Years 9 Months | Current |
Peer comparison
Mahamanav Ispat Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Janki Metal Strips Limited | ₹231.54 Cr (FY 2025) | 107.0% | Ahmedabad, Gujarat, India | |||
| Suvidhi Ispat Private Limited | ₹231.38 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| Mahamanav Ispat Private Limitedthis company | ₹229.92 Cr (FY 2025) | ₹32.47 Lakh | 0.1% | 25.0% | 31 | Bellary, Karnataka, India |
| JVL Steel Private Limited | ₹229.39 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| J D Ispat Private Limited | ₹229.32 Cr (FY 2024) | -7.0% | Nagpur, Maharashtra, India | |||
| Shree Sai Hanuman Smelters Private Limited | ₹229.3 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Atibir Hitech Private Limited | ₹228.87 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Juhi Alloys Private Limited | ₹228.8 Cr (FY 2025) | 62.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Mahamanav Ispat Private Limited, buy the company report.
Auditor
Mahamanav Ispat Private Limited is audited by Vijaya Kumar B N & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijaya Kumar B N & Co. | FY 2023 | 012783S |
Shareholding
The shareholding of Mahamanav Ispat 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahamanav Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101174589 | Hdfc Bank Limited | ₹1.01 Cr | Open | |
| 05 Dec 2024 | 101023574 | State Bank of India | ₹94 Cr | Open | |
| 09 Jan 2024 | 100843200 | Hdfc Bank Limited | ₹38 Cr | Open | |
| 04 Sep 2023 | 100845833 | Hdfc Bank Limited | ₹16 Cr | Satisfied | |
| 04 Sep 2023 | 100890078 | Hdfc Bank Limited | ₹16 Cr | Satisfied |
To see the full charge records of Mahamanav Ispat Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Mahamanav Ispat Private Limited has 17 deals on record (13 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹3.99 Cr; the latest was in April 2024.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Rights issue | ₹15.07 Cr | Investors: 2 individuals |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vishwa Karma Trexim Private Limited, 3 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Zeenath Transport Company |
To see the full deal history of Mahamanav Ispat Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahamanav Ispat Private Limited has 6 court cases on record: 2 filed by Mahamanav Ispat, 4 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by Official Liquidator of M/S. Kmmi Ispat Private Limited (in Liqn) | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by Official Liquidator of M/S Kmmi Ispat Private Limited | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed by the company against Ms.Ishu Super Steels Pvt, Ltd, by Its Directors Sri Suresh Mittal and 1 other | Disposed |
| District court, BALLARI, Karnataka | Criminal complaint | Filed by the company against Sri Bharath Demra MG Amar Amit Jalna Alloys Pvt. Ltd. | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
To see the full case history of Mahamanav Ispat 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 Mahamanav Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahamanav Ispat Private Limited has a workforce of 31 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mahamanav Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM7134L1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahamanav Ispat Private Limited, buy the company report.
Recent activity
Mahamanav Ispat Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Polisetty Rao Nageswara ceased to be Director on 18 Mar 2022.
31 earlier events are in the company report.
Frequently asked questions
Mahamanav Ispat is an active private limited company based in Bellary, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 April 2006 (20+ years old) and is registered under CIN U27101KA2006PTC038930.
Mahamanav Ispat has 2 current directors:
- Thalahari Hanumanthappa Suresh Babu - Director
- Thalahari Hanumanthappa Deepa - Director
The latest financial statements of Mahamanav Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahamanav Ispat is 29AAECM7134L1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Mahamanav Ispat is U27101KA2006PTC038930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahamanav Ispat has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Mahamanav Ispat was incorporated on 05 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahamanav Ispat has 17 deals on record (13 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹3.99 Cr; the latest was in April 2024.
The peers of Mahamanav Ispat by revenue are Janki Metal Strips Limited, Suvidhi Ispat Private Limited, JVL Steel Private Limited, J D Ispat Private Limited, Shree Sai Hanuman Smelters Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Polisetty Rao Nageswara ceased to be Director on 18 Mar 2022. Polisetty Venkata Srinivas Rao ceased to be Director on 18 Mar 2022. Venkata Sureshbabu Bellamkonda ceased to be Director on 18 Mar 2022. Mahamanav Ispat has 11 board changes on record in total.
Yes, Mahamanav Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0005049).

