Mygans Melt P Ltd
About Mygans Melt P Ltd
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Mygans Melt P Ltd is a private limited company based in Chennai, Tamil Nadu, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 15 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27104TN1981PTC008875.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Shivkumar Balaram and Sudha Ramesh.
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 New No.27 Old No.31 – C IV Seaward Road Valmiki Nagar Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.04 Cr (net margin 46.4%) and EBITDA of ₹7.64 Cr (EBITDA margin 58.7%). Revenue has grown at a compounded annual rate (CAGR) of 330% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹23.07 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mygans Melt P Ltd's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No.27 Old No.31 – C IV Seaward Road Valmiki Nagar Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Mygans Melt P Ltd, 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
Financials of Mygans Melt P Ltd
FY 2025 filings availableMygans Melt P Ltd reported revenue of ₹13.02 Cr (up 206% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 330% over five years, including 206% growth 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 | ₹7.64 Cr | ||||
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| Net Profit (PAT) | ₹6.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 58.7% | ||||
| Net Profit Margin | 46.4% | ||||
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To see the full financial statements and ratios of Mygans Melt P Ltd, buy the company report.
Board of directors of Mygans Melt P Ltd
Mygans Melt P has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivkumar Balaram | Director | 16 Jul 1996 | 30 Years 3 Months | Current |
| Sudha Ramesh Also directs: Shivas Auto Components Private Limited, Carpe Futura LLP, U-Resolute Technologies Private Limited and 3 more | Director | 19 Aug 2002 | 24 Years 2 Months | Current |
| Bikram Shivkumar Also directs: Shivas Auto Components Private Limited | Director | 01 Sep 2009 | 17 Years 1 Months | Current |
Peer comparison
Mygans Melt P Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Die Casting), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Newcast Technologies Private Limited | ₹13.25 Cr (FY 2025) | -8.0% | Shimoga, Karnataka, India | |||
| Tayal Ispat Udyog Private Limited | ₹13.16 Cr (FY 2025) | 16.0% | Kasganj, Uttar Pradesh, India | |||
| Sri Seethalakshmi Steel Castings Private Limited | ₹13.13 Cr (FY 2024) | -3.0% | Coimbatore, Tamil Nadu, India | |||
| Sshivay Technocast Private Limited | ₹13.13 Cr (FY 2025) | -9.0% | Shaper Rajkot, Gujarat, India | |||
| Shanirajeshwar Die Casting Private Limited | ₹13.02 Cr (FY 2025) | 30.0% | Moshi, Maharashtra, India | |||
| Mygans Melt P Ltdthis company | ₹13.02 Cr (FY 2025) | ₹6.04 Cr | 46.4% | 206.0% | Chennai, Tamil Nadu, India | |
| Advantec Casting Private Limited | ₹13 Cr (FY 2025) | 8.0% | Bharudi, Gujarat, India | |||
| Truserve Engineers India Private Limited | ₹12.9 Cr (FY 2025) | 29.0% | Coimbatore, Tamil Nadu, India | |||
| Dharmanandan Technocast Private Limited | ₹12.88 Cr (FY 2024) | -9.0% | Veraval Shapar Rajkot, Gujarat, India | |||
| Pondy SG Steels & Alloys Private Limited | ₹12.82 Cr (FY 2025) | 47.0% | Chennai, Tamil Nadu, India | |||
| Bhargav Alloy Castings Private Limited | ₹12.81 Cr (FY 2024) | 12.0% | Shimoga, Karnataka, India |
To see the full peer comparison of Mygans Melt P Ltd, buy the company report.
Auditor
Mygans Melt P Ltd is audited by R.SAYERAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.SAYERAM & CO | FY 2023 | 008263S |
Shareholding
The shareholding of Mygans Melt P Ltd 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 Mygans Melt P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2004 | 90298676 | State Bank of India | ₹19.5 Cr | Satisfied | |
| 17 Sep 2002 | 90302212 | City Unionbank Ltd. | ₹75 Lakh | Satisfied | |
| 01 Sep 2002 | 90298280 | City Union Bank | ₹75 Lakh | Satisfied | |
| 20 Oct 1997 | 90302037 | Bank of Madura Ltd. | ₹6 Lakh | Satisfied | |
| 23 Aug 1997 | 90300732 | Bank of Madura Ltd. | ₹10 Lakh | Satisfied |
To see the full charge records of Mygans Melt P Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Mygans Melt P Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mygans Melt P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mygans Melt P 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 |
|---|---|---|
| Shivas Auto Components Private Limited | U28999TN2007PTC069710 |
To see the full group structure of Mygans Melt P Ltd, buy the company report.
GST
No GST registration is on our record for Mygans Melt P Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mygans Melt P Ltd has 3 board changes on record since 1996: 3 appointments. The latest: Bikram Shivkumar was appointed as Director on 01 Sep 2009.
25 earlier events are in the company report.
Frequently asked questions
Mygans Melt P is an active private limited company based in Chennai, Tamil Nadu, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 15 July 1981 (45+ years old) and is registered under CIN U27104TN1981PTC008875.
Mygans Melt P has 3 current directors:
- Shivkumar Balaram - Director
- Sudha Ramesh - Director
- Bikram Shivkumar - Director
The latest financial statements of Mygans Melt P 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 CIN (Corporate Identification Number) of Mygans Melt P is U27104TN1981PTC008875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mygans Melt P was incorporated on 15 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mygans Melt P by revenue are Newcast Technologies Private Limited, Tayal Ispat Udyog Private Limited, Sri Seethalakshmi Steel Castings Private Limited, Sshivay Technocast Private Limited, Shanirajeshwar Die Casting Private Limited and 5 more, all in the Manufacturing industry (Die Casting).
Bikram Shivkumar was appointed as Director on 01 Sep 2009. Sudha Ramesh was appointed as Director on 19 Aug 2002. Shivkumar Balaram was appointed as Director on 16 Jul 1996.
The registered office of Mygans Melt P is at New No.27 Old No.31 – C IV Seaward Road Valmiki Nagar Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
Mygans Melt P operates in the manufacturing industry, in the die casting and metal forming segment.
Mygans Melt P has no open charges and satisfied charges of ₹23.07 Cr as per latest MCA filings.
The compliance status of Mygans Melt P is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.