About
Basic Data Updated:
29 days agoMukand Limited, previously known as Mukand Iron and Steel Works Ltd, is a multi-division, multi-product conglomerate that specializes in the production of specialty steel long products and industrial machinery. According to its credit rating report, the company's manufacturing facilities are located in Thane, Maharashtra for stainless steel and Hospet, Karnataka for alloy steel. The company's main focus is on the production of special alloy steel and stainless steel billets, bars, rods, wire rods, and bright bars. Additionally, it is also involved in the design, manufacture, assembly, and commissioning of industrial machinery, heavy-duty cranes, bulk material handling equipment, and process plant equipment for both ferrous and non-ferrous industries. With a combined installed capacity of 5 lakh MTPA for manufacturing alloy steel and stainless steel, Mukand Limited currently operates at 92 percent capacity.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | L99999MH1937PLC002726 |
Company No. | 002726 |
Stock Symbol | BSE : 500460 NSE : BE : MUKANDLTD |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 29 Nov 1937 |
Date of AGM | 11 Aug 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Listed |
ROC Code | Roc Mumbai |
Products or Services related to Mukand Limited
Financials of Mukand Limited
Mukand Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.06% increase. The company also saw a substantial improvement in profitability, with a 51.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.12%.
Corporate Structure
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People in Mukand Limited
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Executive Team (3)
NB
Nirajkumar Bajaj Managing DirectorAppointment Date: 05-Jul-2008
Status: Current
RS
Rajendra Sawant Company SecretaryAppointment Date: 17-May-2022
Status: Current
DG
Dhanesh Goradia CFOAppointment Date: 01-Jun-2022
Status: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 06 Jan 2022 | ₹4.61 Cr | Open |
Infrastructure Leasing & Financial Services Limited Creation Date: 07 Feb 2006 | ₹10.00 Cr | Open |
Others Creation Date: 24 Jan 2020 | ₹200.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Foundation For Promotion Of Sports And Games
Active 22 years 7 monthsNirajkumar Bajaj is a mutual person
Mukand Sumi Special Steel Limited
Active 9 years 4 monthsPrakash Mehta and Nirajkumar Bajaj are mutual person
Mukand Sumi Metal Processing Limited
Active 11 years 9 monthsSankaran Radhakrishnan, Rajendra Sawant and 2 more are mutual person
Recent activity within the organization
Annual General Meeting
Mukand Limited last Annual general meeting of members was held on 11 Aug 2023 as per latest MCA records.
11 Aug 2023Director Appointment
Niravnayan Niraj Bajaj was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 May 2023 & has been associated with this company since 1 year 3 days .
16 May 2023Balance Sheet
Mukand Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Arvind Madhav Kulkarni was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 1 year 10 months .
28 Jun 2022Charges
A charge registered on 17 Oct 2006 via Charge ID 10024169 with Dena Bank was fully satisfied on 20 Apr 2022.
20 Apr 2022
Recent News, Updates & Announcement
- TNCPL secures 23crore worth orders.
The Hindu 08 Feb 2024
- Indias Mukand Sumi Special Jv To Construct New 84 Mln Steel Rolling Facility.
Investsize 19 Nov 2018
- Mukand Group to invest Rs 750 crore to boost steelmaking capacity in South India.
The company plans both greenfield and brownfield expansion move comes at a time when sector is seeing some consolidation.
Economic Times 31 Jul 2018
- Board of Mukand Engineers approves scheme of amalgamation.
Business Standard 16 Jul 2018
- Sumitomo Corporation buys 49 stakes in Mukand Sumi Special Steel Ltd.
India Business News Sumitomo Corporation has bought 49 stakes for Rs 118099 crore in joint venture company Mukand Sumi Special Steel Limited which is a leading s.
Times Of India 18 May 2018
Frequently asked questions
What is the Incorporation or founding date of Mukand Limited?