About Mukand Sumi Metal Processing Limited
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Mukand Sumi Metal Processing Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mukand Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27300MH2012PLC234000. Its GSTIN is 27AAECT3291P1ZP (Maharashtra). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹27.3 Cr. It was formerly known as Technosys Metal Processing Limited and Technosys Metal Processing Private Limited. It is led by directors including Arvind Madhav Kulkarni and Vipul Mahendra Mashruwala.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Bajaj Bhawan Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹2.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12.56 Lakh (net margin -5.9%) and EBITDA of -₹12.11 Lakh (EBITDA margin -5.7%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 67% over five years.
As per MCA filings, the company has satisfied charges of ₹22.25 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹154.41 Cr; the latest was in September 2022. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 29 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mukand.com.
Company details
Name history
Mukand Sumi Metal Processing has undergone 2 name changes throughout its history. The company was previously known as Technosys Metal Processing Limited, and Technosys Metal Processing Private Limited. The current legal name is Mukand Sumi Metal Processing Limited.
| Company Name | Status |
|---|---|
| Mukand Sumi Metal Processing Limited | Current |
| Technosys Metal Processing Limited | Previous |
| Technosys Metal Processing Private Limited | Previous |
CIN history
Mukand Sumi Metal Processing has one previous CIN (Corporate Identification Number): U27300MH2012PTC234000. The current CIN is U27300MH2012PLC234000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27300MH2012PLC234000 | Current |
| U27300MH2012PTC234000 | Previous |
Contact details
Mukand Sumi Metal Processing Limited's registered office is in Mumbai, Maharashtra. Its website is mukand.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Bajaj Bhawan Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mukand Sumi Metal Processing 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 Mukand Sumi Metal Processing 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 Mukand Sumi Metal Processing Limited, buy the company report.
Financials of Mukand Sumi Metal Processing Limited
FY 2025 filings availableMukand Sumi Metal Processing Limited reported revenue of ₹2.14 Cr (up 3404% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years. EBITDA fell 16% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹12.11 Lakh | ||||
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| Net Profit (PAT) | -₹12.56 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.7% | ||||
| Net Profit Margin | -5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mukand Sumi Metal Processing Limited, buy the company report.
Board of directors and KMP of Mukand Sumi Metal Processing Limited
Mukand Sumi Metal Processing Limited currently reports 4 directors and 2 key managerial personnel. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Madhav Kulkarni Also directs: Mukand Limited | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Vipul Mahendra Mashruwala | Director | 20 Aug 2012 | 14 Years 2 Months | Current |
| Meeta Jaisingh Khalsa Also directs: Hind Lamps Private Limited, Mukand Heavy Engineering Limited | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
| Rajendra Dattaram Sawant Also directs: Bombay Forgings Limited, Mukand Heavy Engineering Limited, India Thermal Power Private Limited and 2 more | Company Secretary | 17 May 2022 | 4 Years 5 Months | Current |
| Sankaran Radhakrishnan | Director | 13 Feb 2020 | 6 Years 8 Months | Current |
| Dhanesh Kanaiyalal Goradia Also directs: Bombay Forgings Limited, Mukand Heavy Engineering Limited, India Thermal Power Private Limited and 2 more | Cfo | 01 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Mukand Sumi Metal Processing Limited is audited by DHC & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHC & Co. | FY 2023 | 103525W |
Shareholding
The shareholding of Mukand Sumi Metal Processing 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 Mukand Sumi Metal Processing Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2014 | 10528470 | Others | ₹22.25 Cr | Satisfied |
To see the full charge records of Mukand Sumi Metal Processing Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Mukand Sumi Metal Processing Limited has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹154.41 Cr; the latest was in September 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Mukand Limited Seller: Sumitomo Corporation |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sumitomo Corporation Seller: Mukand Limited |
| Mar 2014 | Funding round | ₹12 Cr | Investors: Mukand Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Mukand Limited Seller: Jeewan Limited |
| Aug 2013 | Funding round | ₹29.8 Cr | Investors: Sumitomo Corporation, Sumitomo Corporation Asia And Oceania Pte Ltd, Jeewan Limited |
To see the full deal history of Mukand Sumi Metal Processing 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
Mukand Sumi Metal Processing Limited has 4 court cases on record: 3 filed by Mukand Sumi Metal Processing, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Mukand Sumi Metal Processing 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
Mukand Sumi Metal Processing Limited was last rated by Indiarating on 26 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 26 Nov 2019 |
To see the full credit ratings and regulatory alerts of Mukand Sumi Metal Processing Limited, buy the company report.
MSME payment delays
Mukand Sumi Metal Processing Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 29 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tristar Oceanic Services Private Limited | |||
| Vishal Shipping Agencies Private Limited | |||
| Dachser India Private Limited | |||
| GST Legal Services LLP | |||
| S J Logistics (India) Limited |
To see the full MSME payment records of Mukand Sumi Metal Processing Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mukand Sumi Metal Processing has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT3291P1ZP | Maharashtra | Active | 01 Jul 2017 |
| 03AAECT3291P1ZZ | Punjab | Active | 01 Jul 2017 |
| 06AAECT3291P1ZT | Haryana | Active | 01 Jul 2017 |
| 29AAECT3291P1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mukand Sumi Metal Processing Limited, buy the company report.
Recent activity
Mukand Sumi Metal Processing Limited has 24 board changes on record since 2012: 6 appointments and 18 cessations. The latest: Meeta Jaisingh Khalsa ceased to be Additional Director on 09 Aug 2023.
18 earlier events are in the company report.
News
Frequently asked questions
Mukand Sumi Metal Processing is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U27300MH2012PLC234000.
Mukand Sumi Metal Processing has 6 current directors and KMP:
- Arvind Madhav Kulkarni - Director
- Vipul Mahendra Mashruwala - Director
- Meeta Jaisingh Khalsa - Director
- Sankaran Radhakrishnan - Director
- Rajendra Dattaram Sawant - Company Secretary
- Dhanesh Kanaiyalal Goradia - Cfo
The latest financial statements of Mukand Sumi Metal Processing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mukand Sumi Metal Processing is 27AAECT3291P1ZP, registered in Maharashtra. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 03AAECT3291P1ZZ (Punjab), 06AAECT3291P1ZT (Haryana), 29AAECT3291P1ZL (Karnataka).
The CIN (Corporate Identification Number) of Mukand Sumi Metal Processing is U27300MH2012PLC234000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mukand Sumi Metal Processing has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
Mukand Sumi Metal Processing was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mukand Sumi Metal Processing has 10 deals on record (5 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹154.41 Cr; the latest was in September 2022.
Meeta Jaisingh Khalsa ceased to be Additional Director on 09 Aug 2023. Meeta Jaisingh Khalsa was appointed as Director on 20 Oct 2022. Kazushi Katayama ceased to be Director on 30 Sep 2022. Mukand Sumi Metal Processing has 24 board changes on record in total.
Mukand Sumi Metal Processing has 7 MSME Form 1 returns on record between 2020 and 2023, listing 29 overdue payments to 18 micro and small suppliers. The latest return was filed on 15 Nov 2023.
Mukand Sumi Metal Processing can be reached through the website mukand.com. Its registered office is in Mumbai, Maharashtra, India.