About Mukand Ltd 
Mukand Ltd
Small Cap
Steel/Sponge Iron/Pig Iron
Mukand Limited incorporated on 29 November, 1937 at Mumbai, mainly deals in manufacture of special alloy steel / stainless steel, billets, bars, rods, wire rods, EOT cranes, material handling equipment and other industrial machinery, construction/ erection services and comprehensive engineering services. The Company is a leading supplier of alloy steel to the automobile and auto component industry and a leader in the manufacture of high grade stainless steel in India.
Company Coordinates 
Company Details
Bajaj Bhavan Nariman Point, 226 Jamnalal Bajaj Marg Mumbai Maharashtra : 400021
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
Capital Structure 
Present Equity Capital
INR 144.50 Cr
Number of Shares
14.45 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
17-Jun-2022
14.45
144.50
3089702
10
Scheme of Amalgamation
10-Feb-2014
14.14
141.41
68291732
10
Right Issues
10-Feb-2014
14.14
141.41
68291732
10
Right Issues
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 4 Schemes (0.0%)
FIIs
Held by 16 FIIs (0.2%)
Promoter with highest holding
Jamnalal Sons Private Limited (19.92%)
Highest Public shareholder
Siddhant Commercials Private Limited (2.48%)
Individual Investors Holdings
15.16%
Management
Designation
Remuneration
Niraj Bajaj
Chairman & Managing Director
1.28 cr
Prakash V Mehta
Independent Director
11.4 lacs
Amit Yadav
Independent Director
9.0 lacs
Bharthi Gandhi
Independent Director
6.7 lacs
SANKARAN RADHAKRISHNAN
Independent Director
11.8 lacs
Arvind M Kulkarni
President & Director
1.19 cr
Rajendra Sawant
Company Sec. & Compli. Officer
0
Niravnayan Niraj Bajaj
Whole-time Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Others - Purchase
1.07
0%
Others - Purchase
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Special Alloy Steel Products
1,571.82
43.81%
Stainless Steel Products
1,335.01
37.21%
Job Works & Other Services
508.41
14.17%
Special Alloy Steel Products
Special Alloy Steel Products
Stainless Steel Products
Stainless Steel Products
Job Works & Other Services
Job Works & Other Services
Revenue and Profits:
Net Sales:
1,262 Cr
(Quarterly Results - Dec 2024)
Net Profit:
15 Cr
Steel/Sponge Iron/Pig Iron
INR 1,349 Cr (Small Cap)
14.00
29
2.18%
1.56
10.48%
1.41