About Mahalaxmi Seamless Ltd 
Mahalaxmi Seamless Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Mahalaxmi Seamless Limited (MSL) an ISO 9001: 2000 certified company was incorporated in 23rd April, 1991 and the Certificate of Commencement of Business was obtained in 19th June of the same year 1991. The Company operates in cold drawn carbon steel pipes and tubes. The new steel grade SA213-T2 was developed and produced by the company for L&T Ltd in the year 1995-96. It was the first of its kind in India.
Company Coordinates 
Company Details
Pipenagar (Sukeli), Via Nagothane Tal Roha Raigad Maharashtra : 402126
Registrar Details
Capital Structure 
Present Equity Capital
INR 5.26 Cr
Number of Shares
52.63 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
05-Sep-2019
52.63
5.26
-18600
10
Forfeited Shares
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Sampathidevi Madhavprasad Jalan (16.43%)
Highest Public shareholder
Megh Sakariya International Pvt Ltd (9.9%)
Individual Investors Holdings
38.34%
Management
Designation
Remuneration
Madhav Prasad Jalan
Chairman / Executive Director
12.0 lacs
Vivek Jalan
Managing Director
14.4 lacs
Chandrashekar R. Kulkarni
Director
0
Sushil Jain
Director
0
Mala Sharma
Director
12.0 lacs
Aditya Kumar Moda
Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Cold Drawn Seamless Pipes & Tubes
1.95
49.99%
Rent from Investment Property
1.71
43.82%
Job Work
0.24
6.19%
Cold Drawn Seamless Pipes & Tubes
Cold Drawn Seamless Pipes & Tubes
Rent from Investment Property
Rent from Investment Property
Job Work
Job Work
Revenue and Profits:
Net Sales:
0 Cr
(Quarterly Results - Sep 2024)
Net Profit:
0 Cr
Steel/Sponge Iron/Pig Iron
INR 4 Cr (Micro Cap)
5.00
29
0.00%
-0.95
-38.00%
-4.63