Multiple Special Steel Private Limited

Multiple Special Steel Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U27100KA2008PTC047154 Incorporated 14 July 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2024
₹107.69 Cr
▲ 13% YoY
Net profit · FY 2024
₹4.32 Cr
Net margin 4%
EBITDA · FY 2024
₹10.25 Cr
EBITDA margin 9.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹43.06 Cr
Satisfied ₹23.37 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
98
Provident fund records

About Multiple Special Steel Private Limited

Data last updated:

Multiple Special Steel Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 14 July 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27100KA2008PTC047154. Its GSTIN is 29AAFCM6349A1ZH (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Tarakkada Subramanyam Gopalakrishna and Gopala Krishnan Manikantan.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹107.69 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Cr (net margin 4%) and EBITDA of ₹10.25 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.

The company has about 98 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Multiple Special Steel. As per MCA filings, the company has open charges of ₹43.06 Cr and satisfied charges of ₹23.37 Cr on record. Court records list 24 cases involving the company, including 18 filed by the company and 6 filed against it; 7 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2017. Its 4 peer companies in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Madhyachal Steels Pvt Ltd with revenue of ₹108.13 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 64 overdue payments to 5 micro and small suppliers.

Multiple Special Steel Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msspl.co.

Company details

CIN U27100KA2008PTC047154
Registration Number 047154
Incorporation Date 14 July 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0011988

Recognitions & Rankings of Multiple Special Steel

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0011988

Contact details

Multiple Special Steel Private Limited's registered office is in Bangalore, Karnataka. Its website is msspl.co. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Sy. No 30/11 Ramanath Complex Shanthipura Main Road, Near Veerasandra Industrial Area Huskur Post, Bangalore, Karnataka, India – 560099
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Multiple Special Steel Private Limited, buy the company report.

Comprehensive company report
Multiple Special Steel 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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Brands

Multiple Special Steel operates one associated brand: Multiple Special Steel. Each brand links to its own profile.

BrandDescriptionWebsite
Trading in tool and die steel, aluminium, and industrial materials.msspl.co

Business activity

The main business activity of Multiple Special Steel is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Multiple Special Steel Private Limited, buy the company report.

Financials of Multiple Special Steel Private Limited

FY 2024 filings available

Multiple Special Steel Private Limited reported revenue of ₹107.69 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹107.69 Cr ▲ 13%
Net profit · FY 2024
₹4.32 Cr margin 4%
EBITDA · FY 2024
₹10.25 Cr margin 9.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 23%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 20%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 13% growth in the latest year. EBITDA rose 7% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹10.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.32 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.5%
Net Profit Margin4%
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 Multiple Special Steel Private Limited, buy the company report.

Board of directors of Multiple Special Steel Private Limited

Multiple Special Steel has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tarakkada Subramanyam GopalakrishnaDirector14 Jul 200818 Years 3 MonthsCurrent
Gopala Krishnan ManikantanDirector14 Jul 200818 Years 3 MonthsCurrent
Ananthapadmanabhan KumaraswamyDirector15 Nov 200817 Years 11 MonthsCurrent
Padmini GopalakrishnanDirector15 Nov 200817 Years 11 MonthsCurrent

Peer comparison

Multiple Special Steel Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Madhyachal Steels Pvt Ltd₹108.13 Cr (FY 2024)35.0%Indore, Madhya Pradesh, India
Rajputana Alloys Private Limited₹108.13 Cr (FY 2025)13.0%Gandhinagar, Gujarat, India
Multiple Special Steel Private Limitedthis company₹107.69 Cr (FY 2024)₹4.32 Cr4%13.0%98Bangalore, Karnataka, India
Economic Forge Pvt Ltd₹107.65 Cr (FY 2025)1.0%Thane, Maharashtra, India
Meenakshi Re-Rollers Private Limited₹107.62 Cr (FY 2025)-17.0%Jhansi, Uttar Pradesh, India

To see the full peer comparison of Multiple Special Steel Private Limited, buy the company report.

Auditor

Multiple Special Steel Private Limited is audited by DINESH KUMAR N for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DINESH KUMAR NFY 2023205216

Shareholding

The shareholding of Multiple Special Steel 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Multiple Special Steel Private Limited, buy the company report.

Charges & borrowings

Open charges
₹43.06 Cr
Satisfied charges
₹23.37 Cr
Breakdown by lending institutions
Citi Bank N.A.₹30.50 Cr
Axis Bank Limited₹12.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 May 2025101139687Axis Bank Limited₹24.33 LakhOpen
20 Oct 2023100891456Axis Bank Limited₹25 LakhOpen
23 Jun 2022100594095Axis Bank Limited₹12 CrOpen
30 Jan 2020100343367Citi Bank N.A.₹3 CrOpen
11 Jun 2019100286968Axis Bank Limited₹6.51 LakhOpen

To see the full charge records of Multiple Special Steel Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Multiple Special Steel Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2017.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

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

Credit ratings & regulatory alerts

Multiple Special Steel Private Limited was last rated by Crisil on 26 May 2020.

Rating agencyRated onRating
Crisil26 May 2020

To see the full credit ratings and regulatory alerts of Multiple Special Steel Private Limited, buy the company report.

MSME payment delays

Multiple Special Steel Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 64 overdue payments to 5 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 5)

SupplierAmount dueDue sinceReported on
an individual supplier
Simplex Ispat Udyog Private Limited
an individual supplier
Sandeep Edgetech Limited
an individual supplier

To see the full MSME payment records of Multiple Special Steel Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Multiple Special Steel has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Multiple Special Steel Private Limited has a workforce of 98 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
98
Active EPFO establishments
1
Employee growth
1.03%

GST

Multiple Special Steel has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAFCM6349A1ZHKarnatakaActive01 Jul 2017
27AAFCM6349A1ZLMaharashtraActive01 Jul 2017
33AAFCM6349A1ZSTamil NaduActive01 Jul 2017
09AAFCM6349A1ZJUttar PradeshActive14 Aug 2019

To see the full GST registrations and return filing status of Multiple Special Steel Private Limited, buy the company report.

Recent activity

Multiple Special Steel Private Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Ananthapadmanabhan Kumaraswamy was appointed as Director on 15 Nov 2008.

Charges
A charge with Axis Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101139687 was registered on 02 May 2025.
AGM
Multiple Special Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Citi Bank N.A. of Rs. 27.50 Cr registered on 22 Jan 2019 with Charge ID 100236046 was modified on 12 Aug 2024.
Filing
Multiple Special Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100891456 was registered on 20 Oct 2023.
Charges
A charge registered on 08 Aug 2021 via Charge ID 100480792 with Hdfc Bank Limited was fully satisfied on 12 Oct 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100594095 was registered on 23 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100480792 was registered on 08 Aug 2021.
Charges
A charge with Citi Bank N.A. amounted to Rs. 3.00 Cr with Charge ID 100343367 was registered on 30 Jan 2020.
Charges
A charge registered on 31 Jul 2015 via Charge ID 10611292 with Indian Bank was fully satisfied on 26 Nov 2019.
Charges
A charge registered on 05 Nov 2008 via Charge ID 10131585 with Indian Bank was fully satisfied on 26 Nov 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100286968 was registered on 11 Jun 2019.

10 earlier events are in the company report.

Frequently asked questions

Multiple Special Steel is an active private limited company based in Bangalore, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 14 July 2008 (18+ years old) and is registered under CIN U27100KA2008PTC047154.

Multiple Special Steel has 4 current directors:

The latest financial statements of Multiple Special Steel 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 Multiple Special Steel is 29AAFCM6349A1ZH, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAFCM6349A1ZL (Maharashtra), 33AAFCM6349A1ZS (Tamil Nadu), 09AAFCM6349A1ZJ (Uttar Pradesh).

The CIN (Corporate Identification Number) of Multiple Special Steel is U27100KA2008PTC047154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Multiple Special Steel has 24 court cases on record: 18 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.

Multiple Special Steel was incorporated on 14 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Multiple Special Steel has 1 deal on record (1 secondary share transfer); the latest was in January 2017.

The peers of Multiple Special Steel by revenue are Madhyachal Steels Pvt Ltd, Rajputana Alloys Private Limited, Economic Forge Pvt Ltd, Meenakshi Re-Rollers Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (metal and metal products).

Ananthapadmanabhan Kumaraswamy was appointed as Director on 15 Nov 2008. Padmini Gopalakrishnan was appointed as Director on 15 Nov 2008. Nurani Ramanath Gopal Krishnan ceased to be Director on 07 Nov 2008. Multiple Special Steel has 5 board changes on record in total.

Yes, Multiple Special Steel is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0011988).

Multiple Special Steel has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 64 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 May 2019.