About M S Metals and Steels Private Limited
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M S Metals and Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 01 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27320MH2004PTC355033. Its GSTIN is 27AAICS1940E1ZH (Maharashtra). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹44 Lakh. It was formerly known as S M Industrial Suppliers Private Limited. It is led by directors including Narendra Maganlal Mehta (Managing Director) and Sanjay Maganlal Mehta.
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 401 Navkar Commercial Complex Opp. Andheri Court Lane Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,514.82 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.94 Cr (net margin 0.2%) and EBITDA of ₹132.91 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 524 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹978.32 Cr and satisfied charges of ₹307.18 Cr on record. Court records list 55 cases involving the company, including 42 filed by the company and 13 filed against it; 8 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtcgroup.in.
Company details
CIN history
M S Metals and Steels has one previous CIN (Corporate Identification Number): U27320KA2004PTC034057. The current CIN is U27320MH2004PTC355033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27320MH2004PTC355033 | Current |
| U27320KA2004PTC034057 | Previous |
Contact details
M S Metals and Steels Private Limited's registered office is in Mumbai, Maharashtra. Its website is mtcgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address401 Navkar Commercial Complex Opp. Andheri Court Lane Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryMetals and Minerals, Materials Retail & Distribution, Steel Manufacturing & Processing
To see the full contact details of M S Metals and Steels 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 activities of M S Metals and Steels are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of M S Metals and Steels Private Limited, buy the company report.
Financials of M S Metals and Steels Private Limited
FY 2025 filings availableM S Metals and Steels Private Limited reported revenue of ₹2,514.82 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 14% 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 | ₹132.91 Cr | ||||
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| Net Profit (PAT) | ₹3.94 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 | 5.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of M S Metals and Steels Private Limited, buy the company report.
Board of directors of M S Metals and Steels Private Limited
M S Metals and Steels has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Maganlal Mehta | Managing Director | 06 Mar 2006 | 20 Years 8 Months | Current |
| Sanjay Maganlal Mehta Also directs: MTC Steel Alloys Private Limited, MTC Projects Private Limited, MTC Business Private Limited and 4 more | Director | 01 Jun 2004 | 22 Years 5 Months | Current |
| Chintan Dhariwal | Director | 26 Sep 2011 | 15 Years 1 Months | Current |
| Yash Narendra Mehta Also directs: MTC Projects Private Limited, MTC Business Private Limited, MTC Recycling Private Limited and 4 more | Director | 08 Jan 2022 | 4 Years 10 Months | Current |
| Pradip Mithalal Parekh | Director | 18 Feb 2025 | 1 Years 8 Months | Current |
| Atul Singh Rathore | Director | 22 Oct 2024 | 2 Years 0 Months | Current |
Auditor
M S Metals and Steels Private Limited is audited by Shah Khandelwal Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Khandelwal Jain & Associates | FY 2023 | 142740W |
Shareholding
The shareholding of M S Metals and Steels 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M S Metals and Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2025 | 101117663 | Others | ₹50 Cr | Open | |
| 28 Mar 2025 | 101086481 | Others | ₹430 Cr | Open | |
| 03 Aug 2024 | 100968434 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 29 Jun 2024 | 100945892 | Hdfc Bank Limited | ₹1.71 Cr | Open | |
| 28 May 2024 | 100940110 | Hdfc Bank Limited | ₹1.1 Cr | Open |
To see the full charge records of M S Metals and Steels Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
M S Metals and Steels Private Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M S Metals and Steels Private Limited has 55 court cases on record: 42 filed by M S Metals and Steels, 13 filed against it. 8 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 3 | 2 |
| District courts | 24 | 10 | 6 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Lekhana Build Techpvt. Limited and 2 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited (Bescom) | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against M/S.Mehala Castings and Components Pvt.Ltd and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by M/S G K Shelters Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S G K Shelters Pvt Ltd and 2 others | Disposed |
To see the full case history of M S Metals and Steels 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.
Credit ratings & regulatory alerts
M S Metals and Steels Private Limited was last rated by Care on 24 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Aug 2022 |
To see the full credit ratings and regulatory alerts of M S Metals and Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M S Metals and Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
M S Metals and Steels has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| MTC Recycling Private Limited | U37100KA2018PTC118417 |
To see the full group structure of M S Metals and Steels Private Limited, buy the company report.
Employees & EPFO
M S Metals and Steels Private Limited has a workforce of 524 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
GST
M S Metals and Steels has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS1940E1ZH | Maharashtra | Active | 04 Jul 2019 |
| 29AAICS1940E1ZD | Karnataka | Active | 01 Jul 2017 |
| 29AAICS1940E3ZB | Karnataka | Active | 01 Jul 2017 |
| 33AAICS1940E1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M S Metals and Steels Private Limited, buy the company report.
Recent activity
M S Metals and Steels Private Limited has 19 board changes on record since 2004: 13 appointments and 6 cessations. The latest: Naman Palawat ceased to be Additional Director on 19 Sep 2025.
77 earlier events are in the company report.
Frequently asked questions
M S Metals and Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 01 June 2004 (22+ years old) and is registered under CIN U27320MH2004PTC355033.
M S Metals and Steels has 7 current directors:
- Narendra Maganlal Mehta - Managing Director
- Sanjay Maganlal Mehta - Director
- Chintan Dhariwal - Director
- Yash Narendra Mehta - Director
- Pradip Mithalal Parekh - Director
- Atul Singh Rathore - Director
- Ayush Narendra Mehta - Director
The latest financial statements of M S Metals and Steels 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 M S Metals and Steels is 27AAICS1940E1ZH, registered in Maharashtra. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAICS1940E1ZD (Karnataka), 29AAICS1940E3ZB (Karnataka), 33AAICS1940E1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of M S Metals and Steels is U27320MH2004PTC355033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M S Metals and Steels has 55 court cases on record: 42 filed by the company and 13 filed against it. 8 are pending. Most are in the high courts.
M S Metals and Steels was incorporated on 01 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
M S Metals and Steels has 2 deals on record (2 secondary share transfers); the latest was in January 2023.
Naman Palawat ceased to be Additional Director on 19 Sep 2025. Chetan Pukhraj Kavadiya ceased to be Director on 18 Feb 2025. Naman Palawat was appointed as Additional Director on 18 Feb 2025. M S Metals and Steels has 19 board changes on record in total.
M S Metals and Steels can be reached through the website mtcgroup.in. Its registered office is in Mumbai, Maharashtra, India.
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