Promoter holding
64.27%
MS
Mittal Steels Limited. - Due diligence report
A 360° intelligence report on Mittal Steels Limited.: trust score, financial health, credit view, compliance, directors, growth and distress…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Mittal Steels Limited. — 360° Intelligence Report
Generated from MCA filings & public records78/100
Trust Score
Low Risk
Mittal Steels Limited. is assessed as Low Risk with a Trust Score of 78/100. Mittal Steels Limited. is an active public limited indian non-government company incorporated in 1971, operating in the Metals and Minerals sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.
Report generated on 09 Aug 2026 from the latest processed filings. Mittal Steels Limited. snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 50/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Moderate gearing (D/E 38%).
Charges position: 1 open (3.00 cr) · 18 satisfied (45.92 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Canara Bank | 6 | 48.0 cr |
| Krishi Projects Private Limited | 6 | 48.0 cr |
| Industrial Investment Bank Of India | 2 | 48.0 cr |
| Karnataka State Industrial Investment & Develop. Corporation | 2 | 48.0 cr |
| Industrial Reconstruction Bank Of India | 1 | 48.0 cr |
| Ksfc | 1 | 48.0 cr |
Compliance Score: 80/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 3 court forum(s).
- 1 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| NARENDRA KUMAR JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHAITANYA HARI SINGHANIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MAMTA SINGHANIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Mitcon Private Limited
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Mitcon Private Limited | Holding Company | 74.00% |
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 90
Growth signals & trust indicators
Operating for 54+ years.
Active GST registration(s).
Distress signals & risk flags
1 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence82/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 1 open charge(s) of 3.00 cr already registered.
- Compliance record supports lending.
Investor view53/100
Mixed indicators
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events19 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
09 Nov 2022
Charge satisfied
Karnataka State Industrial Investment & Develop. Corporation
Charge satisfied
Karnataka State Industrial Investment & Development Corporat
30 Sep 2022
Director ceased
NARENDRA KUMAR JAIN
01 Aug 2022
Director appointed
NARENDRA KUMAR JAIN (Director)
21 Jun 2017
Charge satisfied
Krishi Projects Private Limited
31 Mar 2016
Director ceased
CHAITANYA HARI SINGHANIA
11 Jan 2016
Director appointed
CHAITANYA HARI SINGHANIA (Director)
03 Jan 2016
Director ceased
JAGDISH PRAKASH AWASTHI
31 Mar 2013
Director ceased
MAMTA SINGHANIA
17 Sep 2012
Director ceased
SUNITA GUPTA
04 Sep 2012
Director appointed
MAMTA SINGHANIA (Director)
31 Mar 2012
Director ceased
INDERSEN MITTAL
29 Feb 2012
Director ceased
SUNIL JAIN KUMAR
10
Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Peer companies will appear here as our matching engine processes this industry.
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Mittal Steels Limited. before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Mittal Steels Limited.: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Mittal Steels Limited. - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Mittal Steels Limited. pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Mittal Steels Limited. - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Mittal Steels Limited. an active company?
Mittal Steels Limited. has MCA status “Active” with a compliance score of 80/100 (Low Risk).
Is Mittal Steels Limited. financially healthy?
Mittal Steels Limited. has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.
Should I do business with Mittal Steels Limited.?
Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Mittal Steels Limited.?
The ultimate holding entity is Mitcon Private Limited. 3 active director(s) are on record.
Does Mittal Steels Limited. have loans or charges against its assets?
1 open charge(s) are registered against its assets, and 18 earlier charge(s) stand satisfied.
Is Mittal Steels Limited. up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 80/100 (Low Risk).
Is it risky to lend to Mittal Steels Limited.?
Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
