Agarwal Mittal Concast Private Limited

Agarwal Mittal Concast Private Limited - metals and minerals in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U27109GJ2008PTC053776 Incorporated 02 May 2008 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Merged Private Limited Company metals and minerals
Data last updated
Revenue · FY 2021
₹2.42 Cr
▼ 99% YoY
Net loss · FY 2021
₹16.62 Cr
Latest filing
EBITDA · FY 2021
-₹11.48 Cr
EBITDA margin -475.1%
Authorised capital
₹19.5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹361.33 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
3
Provident fund records

About Agarwal Mittal Concast Private Limited

Data last updated:

Agarwal Mittal Concast Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 May 2008.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2008PTC053776. Its GSTIN is 24AAHCA0171A2ZG (Gujarat). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹19.5 Cr and a paid-up capital of ₹1 Lakh. It was led by directors including Chandragupt Prakash Mangal and Chanakya Prakash Mangal.

Its last annual general meeting (AGM) was held on 30 June 2022, and its latest financial statements are for the year ended 12 December 2021. The registered office was at Ahmedabad, Gujarat.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.42 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹16.62 Cr and EBITDA of -₹11.48 Cr (EBITDA margin -475.1%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 62% over five years.

The company had about 3 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.

As per MCA filings, the company had satisfied charges of ₹361.33 Cr on record. Court records list 167 cases involving the company, including 17 filed by the company and 150 filed against it; 105 cases are pending. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹17.61 Cr; the latest was in December 2019.

The last known website on record is vicorgroup.com.

Company details

CIN U27109GJ2008PTC053776
Registration Number 053776
Incorporation Date 02 May 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 June 2022
Date of Balance Sheet 12 December 2021
Compliance Status Active Compliant

Contact details

Agarwal Mittal Concast Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vicorgroup.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    102 Mangalam Corporate House 42 Shrimali Society Netaji Marg Mithakhali Navran, Gpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Agarwal Mittal Concast Private Limited, buy the company report.

Comprehensive company report
Agarwal Mittal Concast 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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Secure checkout · GST invoice included

Business activity

The main business activity of Agarwal Mittal Concast is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Agarwal Mittal Concast Private Limited, buy the company report.

Financials of Agarwal Mittal Concast Private Limited

FY 2021 filings available

Agarwal Mittal Concast Private Limited reported revenue of ₹2.42 Cr (down 99% YoY) for FY 2021.

Revenue · FY 2021
₹2.42 Cr ▼ 99%
Net loss · FY 2021
₹16.62 Cr
EBITDA · FY 2021
-₹11.48 Cr margin -475.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 82%
5 years · compounded
▼ 62%
EBITDA CAGR growth
1 year
▲ 89%
3 years · compounded
▼ 40%
5 years · compounded
▼ 24%

Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 99% fall in the latest year. EBITDA rose 89% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.42 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹11.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹16.62 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-475.1%
Net Profit Margin
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 Agarwal Mittal Concast Private Limited, buy the company report.

Board of directors of Agarwal Mittal Concast Private Limited

Agarwal Mittal Concast has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vipin Prakash MangalAdditional Director08 Apr 20224 Years 6 MonthsAs last reported
Chandragupt Prakash MangalDirector13 Dec 20214 Years 10 MonthsAs last reported
Chanakya Prakash MangalDirector13 Dec 20214 Years 10 MonthsAs last reported

Auditor

Agarwal Mittal Concast Private Limited is audited by KEYUR SHAH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
KEYUR SHAH & COFY 2021141173W

Shareholding

The shareholding of Agarwal Mittal Concast Private 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 categoryFY 2021FY 2020FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Agarwal Mittal Concast Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹361.33 Cr
Breakdown by lending institutions
City Union Bank Limited₹255.91 Cr
Rajkot Nagarik Sahakari Bank Ltd₹64.34 Cr
Syndicate Bank₹28.35 Cr
Small Industries Development Bank of India₹12.30 Cr
Icici Bank Limited₹0.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Sep 2018100209176City Union Bank Limited₹14 CrSatisfied
15 Sep 2018100210077City Union Bank Limited₹17.75 CrSatisfied
29 Jun 2018100202302City Union Bank Limited₹14 CrSatisfied
29 Jun 2018100202303City Union Bank Limited₹12.41 CrSatisfied
29 Jun 2018100202313City Union Bank Limited₹17.75 CrSatisfied

To see the full charge records of Agarwal Mittal Concast Private Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Agarwal Mittal Concast Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹17.61 Cr; the latest was in December 2019.

Total deals
11
Secondary share transfers
6
Funding rounds
5
Disclosed funding
₹17.61 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Dec 2019Secondary share transferUndisclosedBuyer: Vivek Steelco Private Limited , Vicor Stainless Private Limited , Ritu Shipping Private Limited , an individual
Seller: an individual
Dec 2017Secondary share transferUndisclosedBuyer: an individual
Seller: Aldiam Motors Private Limited
May 2017Secondary share transferUndisclosedBuyer: Ritu Shipping Private Limited
Seller: Aldiam Motors Private Limited
Mar 2014Secondary share transferUndisclosedBuyer: Ritu Shipping Private Limited , Vivek Agarwal HUF, Suresh Agarwal HUF
Seller: 2 individuals
May 2013Funding round₹1.99 CrInvestors: Aldiam Motors Private Limited , 2 individuals

To see the full deal history of Agarwal Mittal Concast Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Agarwal Mittal Concast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Agarwal Mittal Concast has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Vicor Stainless Private LimitedU27109GJ2012PTC070100

To see the full group structure of Agarwal Mittal Concast Private Limited, buy the company report.

Employees & EPFO

Agarwal Mittal Concast Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-25%

GST

Agarwal Mittal Concast has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAHCA0171A2ZGGujaratActive23 Dec 2020

To see the full GST registrations and return filing status of Agarwal Mittal Concast Private Limited, buy the company report.

Recent activity

Agarwal Mittal Concast Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Vipin Prakash Mangal was appointed as Additional Director on 08 Apr 2022.

AGM
Agarwal Mittal Concast Private Limited last Annual general meeting of members was held on 30 Jun 2022 as per latest MCA records.
Charges
A charge registered on 29 Mar 2014 via Charge ID 10487096 with Small Industries Development Bank Of India was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 16 Jan 2014 via Charge ID 10471211 with Small Industries Development Bank Of India was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 17 Sep 2018 via Charge ID 100209176 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 15 Sep 2018 via Charge ID 100210077 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100202302 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100202303 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100202313 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 22 Aug 2014 via Charge ID 10519007 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 21 Aug 2014 via Charge ID 10519003 with City Union Bank Limited was fully satisfied on 18 Jun 2022.
Charges
A charge registered on 22 Jan 2016 via Charge ID 10619767 with Icici Bank Limited was fully satisfied on 02 Jun 2022.
Charges
A charge registered on 26 Apr 2014 via Charge ID 10489008 with Icici Bank Limited was fully satisfied on 02 Jun 2022.

38 earlier events are in the company report.

Frequently asked questions

Agarwal Mittal Concast has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Agarwal Mittal Concast was a private limited company based in Ahmedabad, Gujarat, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 May 2008 and is registered under CIN U27109GJ2008PTC053776. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Agarwal Mittal Concast was incorporated on 02 May 2008. It is registered with the Registrar of Companies, Ahmedabad.

Agarwal Mittal Concast had 3 directors:

The CIN (Corporate Identification Number) of Agarwal Mittal Concast is U27109GJ2008PTC053776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Agarwal Mittal Concast is at 102 Mangalam Corporate House 42 Shrimali Society Netaji Marg Mithakhali Navran, Gpura, Ahmedabad, Gujarat, India – 380009.

Agarwal Mittal Concast can be reached through the website vicorgroup.com. Its registered office is in Ahmedabad, Gujarat, India.

The latest financial statements of Agarwal Mittal Concast on record with the MCA are for the year ended 12 December 2021. Its last annual general meeting was held on 30 June 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Agarwal Mittal Concast is 24AAHCA0171A2ZG, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

Agarwal Mittal Concast operated in the metals and minerals industry, in the steel manufacturing and processing segment.