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Maharashtra Seamless Limited
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Registered Details

MAHARASHTRA SEAMLESS LIMITED

www.mahaseam.com

All Companies ›

Maharashtra ›

Active

Updated: 11 Aug 2025

The company manufactures ERW pipes, seamless pipes, coated pipes

Maharashtra Seamless Limited, is an unlisted public company incorporated on 10 May, 1988. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 1,070.00 cr and the total paid-up capital is INR 67.00 cr.

Subscription Plans

Industry and products

Community, Personal and Social Services

ERW Pipes, Seamless Pipes, API Line Pipes, MS & Galvanized Pipes, Boiler Tubes, Coated Pipes

Company size

Auth Capital

₹ 1,070.0 Cr

Paidup Capital

₹ 67.0 Cr

Revenue

₹ >5000 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

-4.24%

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EBITDA

17.81%

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Net Profit

22.94%

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Networth

19.3%

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Borrowings

-100.0%

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Assets

11.77%

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Gross Margin

4.47

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Operating Margin

4.45

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Net Profit Margin

3.88

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Return on Equity

0.52

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ROCE

2.46

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Debt to Equity

-0.05

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (16)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Ashok Bhandari	00012210	7 years
Managing Director	Saket Jindal Shareholder	00405736	24 years
Director	Roma Kumar	02194012	11 years
Whole-time Director	Pithelis Raj Santhana Marian Shareholder	00520481	20 years
Director	Dharam Pal Jindal Shareholder	00405579	37 years
Managing Director	Raghav Jindal Shareholder	00405984	3 years
Director	Kamal Kishore Bhartia	00081236	1 years
Director	Mohan Gupta	00593026	1 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Balance Sheet

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Consolidated

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Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	33.5	33.5	33.5	67.0	67.0
Reserves	3,171.2	3,265.3	3,663.1	4,707.0	5,663.7
Borrowings +	1,145.4	921.6	708.6	244.2	-
Long term borrowings	808.8	694.1	514.9	161.8	-
Short term borrowings	336.7	227.4	193.7	82.4	-
Trade payables +	576.9	747.1	492.8	301.5	297.8
Days payable	130.0	196.0	63.0	30.0	33.0
Other liabilities +	889.3	1,135.3	982.4	840.6	857.1
Other non-current liabilities	256.2	308.0	330.3	374.4	421.8
Other current liabilities	56.1	80.1	159.3	164.7	137.6
Total liabilities	5,239.4	5,355.6	5,387.6	5,858.8	6,587.9
Fixed Assets +	2,392.8	2,277.2	2,148.8	2,030.0	1,952.4
Tangible assets	2,362.9	2,267.0	2,134.0	2,014.3	1,948.4
CWIP	28.5	8.8	13.4	14.3	2.6
Intangible assets	1.4	1.4	1.4	1.4	1.4
LT loans and advances	4.6	4.9	4.8	1.4	1.2
Other non-current assets	1,021.5	937.0	587.0	619.8	1,020.5
Current assets +	1,820.4	2,136.5	2,647.1	3,207.5	3,613.7
Inventories	761.8	973.2	1,434.6	1,505.8	1,576.1
Trade receivables	360.9	471.3	556.8	642.5	518.3
Cash and cash equivalents	83.9	63.1	47.5	54.4	54.5
ST loans and advances	299.7	234.3	143.6	77.5	-
Other current assets	314.1	394.6	464.6	927.3	1,464.7
Total assets	5,239.4	5,355.6	5,387.6	5,858.8	6,587.9

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.64	0.63	0.62	1.14	1.02
Reserves	60.53	60.97	67.99	80.34	85.97
Borrowings +	21.86	17.21	13.15	4.17	0.0
Long term borrowings	15.44	12.96	9.56	2.76	0.0
Short term borrowings	6.43	4.25	3.6	1.41	0.0
Trade payables	11.01	13.95	9.15	5.15	4.52
Other liabilities +	16.97	21.2	18.23	14.35	13.01
Other non-current liabilities	4.89	5.75	6.13	6.39	6.4
Other current liabilities	1.07	1.5	2.96	2.81	2.09
Total liabilities
Fixed Assets +	45.67	42.52	39.88	34.65	29.64
Tangible assets	45.1	42.33	39.61	34.38	29.58
CWIP	0.54	0.16	0.25	0.24	0.04
Intangible assets	0.03	0.03	0.03	0.02	0.02
LT loans and advances	0.09	0.09	0.09	0.02	0.02
Other non-current assets	19.5	17.5	10.9	10.58	15.49
Current assets +	34.74	39.89	49.13	54.75	54.85
Inventories	14.54	18.17	26.63	25.7	23.92
Trade receivables	6.89	8.8	10.34	10.97	7.87
Cash and cash equivalents	1.6	1.18	0.88	0.93	0.83
ST loans and advances	5.72	4.38	2.67	1.32	0.0
Other current assets	6.0	7.37	8.62	15.83	22.23
Total assets

Total assets

Charges on assets

Bank wise

Charges

HDFC Bank Limited

No. of Loans: 1

Total Amount : 24.5 cr

Charge Holder	Amount	Date of creation/modification
HDFC Bank Limited	24.5 cr	27 Mar, 2025

Charges

HDFC Bank Limited

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
RAGINI FINANCE PRIVATE LIMITED	Active	1.6 Cr	1	West Bengal
SHREECAP HOLDINGS PRIVATE LIMITED	Active	2.0 Cr	1	West Bengal
DIGVIJAY FINLEASE LIMITED	Active	13.3 Cr	1	West Bengal
BDJ OXIDES PRIVATE LIMITED	Active	26.6 L	1	West Bengal
SHREE CAPITAL SERVICES LTD.	Active	1.6 Cr	1
VEHERE TECHNOLOGIES PRIVATE LIMITED	Active	23.0 Cr	1
J.G.CHEMICALS LIMITED	Active	39.2 Cr	1
RUPA & COMPANY LTD	Active	8.0 Cr	1
N.B.I.INDUSTRIAL FINANCE COMPANY LTD.	Active	1.5 Cr	1	West Bengal
SKIPPER LIMITED	Active	11.3 Cr	1	West Bengal
IFB INDUSTRIES LTD	Active	40.5 Cr	1	West Bengal
RASIWASIA PVT LTD	Active	4.0 L	1	Delhi
GANGA FERROALLOYS PRIVATE LIMITED	Active	23.1 L	1	Delhi
RAIGARH IRON INDUSTRIES LIMITED	Active	6.6 Cr	1	Delhi
RIDHI STEEL INDIA PRIVATE LIMITED	Strike Off	1.0 L	1	Delhi
JINDAL PIPES LIMITED	Not available for efiling	0.0	2	Delhi
JINDAL DRILLING AND INDUSTRIES LIMITED	Active	14.5 Cr	2	Maharashtra
JINDAL GLOBAL FINANCE AND INVESTMENT LIMITED	Active	3.5 Cr	1	West Bengal
SWOT TRADING & SERVICES LLP	Active	5.0 L	1	Bengal
JINDAL PIPES LIMITED	Active	37.5 Cr	3
BRAHMA DEV HOLDING AND TRADING LIMITED	Active	2.2 Cr	2	Maharashtra
MAHARASHTRA SEAMLESS FINANCE LIMITED	Active	2.5 Cr	1	Maharashtra
ODD & EVEN TRADES & FINANCE LIMITED	Active	1.4 Cr	1	West Bengal
GLOBAL JINDAL FIN-INVEST LIMITED	Active	1.9 Cr	1	Haryana
HARYANA CAPFIN LIMITED.	Active	5.2 Cr	1
JINDAL PIPES FINANCE LIMITED	Active	2.5 Cr	1	Uttar Pradesh
DARPAN DEALCOM LIMITED	Active	40.5 Cr	1	West Bengal
UNITED SEAMLESS TUBULAAR PRIVATE LIMITED	Amalgamated	513.4 Cr	3
ANUPAM MERCANTILE LIMITED	Active	49.8 L	1	Delhi
GOA PRECISION STAMPING PRIVATE LIMITED	Active	5.0 L	1	Goa
ATIGNAS TRADERS PRIVATE LIMITED	Active	1.6 L	1	Delhi
NEERAJ TRADERS PRIVATE LIMITED	Active	40.0 L	1	Delhi
YS CAPITAL LLP	Active	1.0 L	1	Haryana
PRESTAMP ELECTROBLECH LLP	Active	20.0 Cr	1	Delhi
GUPTA MACHINE TOOLS PRIVATE LIMITED	Active	4.5 Cr	1	West Bengal
SUDHA APPARELS LTD	Active	79.0 L	1	West Bengal

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Maharashtra Seamless (Singapore) Pte. Ltd.	Singapore	-	-
MAHARASHTRA SEAMLESS FINANCE LIMITED	Maharashtra	2012	₹ 2.5 Cr
Discovery Oil And Mines Pte. Ltd	Singapore	-	-
Inetrnovia Natural Resources FZ LLC	United Arab Emirates	-	-

Tofler Score

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Risk

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CIN

L99999MH1988PLC080545

PAN

AAACM0511B

Incorporation

1988, 37.3 years

Company Email

secretarial@mahaseam.com

Paid up Capital

₹ 67.0 Cr

Authorised Capital

₹ 1,070.0 Cr

AGM

Aug 2024

Type

Public

Others

FAQ - MAHARASHTRA SEAMLESS LIMITED

What is the incorporation date of MAHARASHTRA SEAMLESS LIMITED?

The incorporation date of MAHARASHTRA SEAMLESS LIMITED is 10 May, 1988

What is the authorized share capital of MAHARASHTRA SEAMLESS LIMITED?

The authorized share capital of MAHARASHTRA SEAMLESS LIMITED is INR ₹ 1,070.0 Cr.

What is the paid-up capital of MAHARASHTRA SEAMLESS LIMITED?

The paid-up capital of MAHARASHTRA SEAMLESS LIMITED is INR ₹ 67.0 Cr.

What is the registered address of MAHARASHTRA SEAMLESS LIMITED?

The registered address of MAHARASHTRA SEAMLESS LIMITED is PIPE NAGAR VILLAGE SUKELINH17 BKG ROAD ROHA, RAIGAD, Maharashtra, India, 402126 - 402126

What is the CIN number of MAHARASHTRA SEAMLESS LIMITED?

The CIN number of MAHARASHTRA SEAMLESS LIMITED is L99999MH1988PLC080545.

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