About Maa Mahamaya Industries Limited
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Maa Mahamaya Industries Limited is a public limited company based in Dhamtari, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27106CT2003PLC015889. Its GSTIN is 22AADCM5858Q2ZV (Chhattisgarh). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹350.92 Cr. It was formerly known as Maa Mahamaya Industries Private Limited. It is led by directors including Ashok Kumar Agrawal (Managing Director) and Nilesh Agrawal (Whole-Time Director).
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 Industrial Ward Dhamtari, Chhattisgarh, India – 493773.
As per the financials filed for FY 2025, the company reported a revenue of ₹617.62 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹60.88 Cr (net margin 9.9%) and EBITDA of ₹84.48 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company has about 332 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹174.71 Cr and satisfied charges of ₹1,093.19 Cr on record. Court records list 103 cases involving the company, including 41 filed by the company and 62 filed against it; 25 cases are pending. The company has 29 deals on record (14 secondary share transfers, 12 funding rounds, 2 debt financings), with disclosed funding of ₹505.42 Cr; the latest was in September 2024. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Gajanan Iron Private Limited with revenue of ₹622.95 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangaltmt.in.
Company details
CIN history
Maa Mahamaya Industries has one previous CIN (Corporate Identification Number): U27106CT2003PTC015889. The current CIN is U27106CT2003PLC015889, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106CT2003PLC015889 | Current |
| U27106CT2003PTC015889 | Previous |
Contact details
Maa Mahamaya Industries Limited's registered office is in Dhamtari, Chhattisgarh. Its website is mangaltmt.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndustrial Ward Dhamtari, Chhattisgarh, India – 493773
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Maa Mahamaya Industries 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 Maa Mahamaya Industries 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 Maa Mahamaya Industries Limited, buy the company report.
Financials of Maa Mahamaya Industries Limited
FY 2024 filings availableMaa Mahamaya Industries Limited reported revenue of ₹617.62 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 2% 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 | ₹84.48 Cr | ||||
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| Net Profit (PAT) | ₹60.88 Cr | ||||
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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 | 13.7% | ||||
| Net Profit Margin | 9.9% | ||||
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To see the full financial statements and ratios of Maa Mahamaya Industries Limited, buy the company report.
Board of directors and KMP of Maa Mahamaya Industries Limited
Maa Mahamaya Industries Limited currently reports 6 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Agrawal Also directs: Gva Industries Private Limited, Sri Maa Mahamaya Power Limited | Director | 16 Jun 2003 | 23 Years 4 Months | Current |
| Rana Som Also directs: Midwest Limited, Sumedha Fiscal Services Ltd, Bengal Birbhum Coalfields Limited and 5 more | Director | 02 Dec 2024 | 1 Years 11 Months | Current |
| Sreeramam Kalepu | Director | 04 Apr 2016 | 10 Years 7 Months | Current |
| Sutirtha Bhattacharya Also directs: Cheviot Co Ltd, Indosol Solar Private Limited, Sai Green Mobility Private Limited and 1 more | Director | 01 Feb 2025 | 1 Years 9 Months | Current |
| Ashok Kumar Agrawal | Managing Director | 16 Jun 2003 | 23 Years 4 Months | Current |
| Nilesh Agrawal | Whole-Time Director | 01 Nov 2024 | 2 Years 0 Months | Current |
Peer comparison
Maa Mahamaya Industries Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Gajanan Iron Private Limited | ₹622.95 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Ajay Ingot Rolling Mill Private Limited | ₹622.43 Cr (FY 2025) | 3.0% | Raigarh, Chhattisgarh, India | |||
| Agarwal TMT Industries Private Limited | ₹620.86 Cr (FY 2025) | -11.0% | Ahmedabad, Gujarat, India | |||
| Indus TMT Industries Limited | ₹619.26 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| L&T Special Steels and Heavy Forgings Private Limited | ₹617.85 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Maa Mahamaya Industries Limitedthis company | ₹617.62 Cr (FY 2025) | ₹60.88 Cr | 9.9% | 1.0% | 332 | Dhamtari, Chhattisgarh, India |
| Neemrana Steel Service Center India Private Limited | ₹616.96 Cr (FY 2025) | 26.0% | Neemrana, Rajasthan, India | |||
| Hindustan Inox Limited | ₹616.24 Cr (FY 2024) | -9.0% | Mumbai, Maharashtra, India | |||
| Kashvi International Private Limited | ₹615.3 Cr (FY 2024) | -28.0% | Bhubaneswar, Odisha, India | |||
| Anjani Steels Limited | ₹614.38 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Maa Mahamaya Industries Limited, buy the company report.
Auditor
Maa Mahamaya Industries Limited is audited by DHARMESH J VAGHELA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH J VAGHELA & CO | FY 2023 | 012637C |
Shareholding
The shareholding of Maa Mahamaya Industries 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 Maa Mahamaya Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101111166 | Others | ₹2.43 Cr | Open | |
| 30 Nov 2023 | 100849125 | Others | ₹45.62 Lakh | Open | |
| 20 Mar 2023 | 100696575 | Others | ₹167.32 Cr | Open | |
| 18 Mar 2021 | 100428077 | Others | ₹4.5 Cr | Open | |
| 12 Dec 2023 | 100877015 | Others | ₹31 Cr | Satisfied |
To see the full charge records of Maa Mahamaya Industries Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Maa Mahamaya Industries Limited has 29 deals on record (14 secondary share transfers, 12 funding rounds, 2 debt financings), with disclosed funding of ₹505.42 Cr; the latest was in September 2024.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Funding round | ₹65.36 Cr | Investors: Gva Industries Private Limited , Uti Multi Opportunities Fund I, Sri Maa Mahamaya Power Limited |
| Sep 2024 | Rights issue | ₹18 Cr | Investors: Sri Maa Mahamaya Power Limited , 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Truevally Merchants Pvt Ltd , Koel Tradecom Private Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Gva Industries Private Limited Seller: Phoenix Arc Private Limited |
| Aug 2022 | Debt financing | ₹95 Cr | Investors: Uti Structured Debt Opportunities Fund Ii, Uti Multi Opportunities Fund Ii, Uti Multi Opportunities Fund I |
To see the full deal history of Maa Mahamaya Industries 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
Maa Mahamaya Industries Limited has 103 court cases on record: 41 filed by Maa Mahamaya Industries, 62 filed against it. 25 cases are pending and 78 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 55 | 49 | 7 |
| High courts | 46 | 13 | 17 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Writ petition | Filed by the company against Chhattisgarh Mineral Development Corporation Limited and 3 others | Pending |
| High Court | Writ petition | Filed by the company against Chhattisgarh Mineral Development Corporation Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S Vashi Integrated Solutions Ltd Through Ajay Shah | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (CEP) | Filed against the company by M/S. Gannon Dunkerley and Co. Ltd | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (CAOP) | Filed by the company against The New India Assurance Company Limited | Disposed |
To see the full case history of Maa Mahamaya Industries 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.
Credit ratings & regulatory alerts
Maa Mahamaya Industries Limited was last rated by Icra on 29 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Nov 2019 |
To see the full credit ratings and regulatory alerts of Maa Mahamaya Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maa Mahamaya Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maa Mahamaya Industries Limited has a workforce of 332 employees on its EPFO records as of Mar 29, 2024, across 5 active EPFO establishments.
GST
Maa Mahamaya Industries has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCM5858Q2ZV | Chhattisgarh | Active | 08 Jul 2021 |
| 36AADCM5858Q1ZN | Telangana | Active | 01 Jul 2017 |
| 37AADCM5858Q1ZL | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maa Mahamaya Industries Limited, buy the company report.
Recent activity
Maa Mahamaya Industries Limited has 20 board changes on record since 2003: 7 appointments and 13 cessations. The latest: Rana Som ceased to be Additional Director on 28 Sep 2025.
86 earlier events are in the company report.
Frequently asked questions
Maa Mahamaya Industries is an active public limited company based in Dhamtari, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 June 2003 (23+ years old) and is registered under CIN U27106CT2003PLC015889.
Maa Mahamaya Industries has 7 current directors and KMP:
- Ashok Kumar Agrawal - Managing Director
- Nilesh Agrawal - Whole-Time Director
- Anita Agrawal - Director
- Rana Som - Director
- Sreeramam Kalepu - Director
- Sutirtha Bhattacharya - Director
- Anunay Agrawal - Ceo
The latest financial statements of Maa Mahamaya Industries 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 Maa Mahamaya Industries is 22AADCM5858Q2ZV, registered in Chhattisgarh. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 36AADCM5858Q1ZN (Telangana), 37AADCM5858Q1ZL (Andhra Pradesh).
The CIN (Corporate Identification Number) of Maa Mahamaya Industries is U27106CT2003PLC015889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Mahamaya Industries has 103 court cases on record: 41 filed by the company and 62 filed against it. 25 are pending. Most are in the district courts.
Maa Mahamaya Industries was incorporated on 16 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Maa Mahamaya Industries has 29 deals on record (14 secondary share transfers, 12 funding rounds, 2 debt financings), with disclosed funding of ₹505.42 Cr; the latest was in September 2024.
The peers of Maa Mahamaya Industries by revenue are Gajanan Iron Private Limited, Ajay Ingot Rolling Mill Private Limited, Agarwal TMT Industries Private Limited, Indus TMT Industries Limited, L&T Special Steels and Heavy Forgings Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Rana Som ceased to be Additional Director on 28 Sep 2025. Sutirtha Bhattacharya ceased to be Additional Director on 28 Sep 2025. Sutirtha Bhattacharya was appointed as Director on 01 Feb 2025. Maa Mahamaya Industries has 20 board changes on record in total.
Maa Mahamaya Industries can be reached through the website mangaltmt.in. Its registered office is in Dhamtari, Chhattisgarh, India.
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