Mi Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.18 Cr
- Company Age 15 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 119.89 Cr
- Satisfied Charges ₹ 154.48 Cr
- Revenue Growth -13.25%
- Profit Growth 33.93%
- Ebitda -3.52%
- Net Worth 13.96%
- Total Assets -4.69%
About Mi Industries (India)
Mi Industries (India) Private Limited (MIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2009 and has a history of 15 years and ten months. Its registered office is in Delhi, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.18 Cr.
The company currently has active open charges totaling ₹119.89 Cr. The company has closed loans amounting to ₹154.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aadit Modi, Akshat Modi, Poonam Modi, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17200DL2009PTC189063
- Company No.
189063
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Apr 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Mi Industries (India) Private Limited offer?
Mi Industries (India) Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Synthetic Fabric, Viscose & Rayon Fabric.
Who are the key members and board of directors at Mi Industries (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshat Modi  | Additional Director | 06-Jan-2025 | Current |
| Aadit Modi | Director | 01-Feb-2011 | Current |
| Poonam Modi | Director | 01-Apr-2009 | Current |
| Arvind Modi | Director | 01-Apr-2009 | Current |
Financial Performance of Mi Industries (India).
Mi Industries (India) Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.25% decrease. The company also saw a substantial improvement in profitability, with a 33.93% increase in profit. The company's net worth Soared by an impressive increase of 13.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mi Industries (India)?
In 2024, Mi Industries (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
S. A. Clothing Private LimitedAadit Modi is a mutual person
- Kbm Exports Private Limited
Aadit Modi and Akshat Modi are mutual person
- Metropole Textile Enterprises Pvt Ltd
Poonam Modi and Arvind Modi are mutual person
- Jag Mohan Buildcon Private Limited
Poonam Modi is a mutual person
- Baldev Promoters Private Limited
Arvind Modi is a mutual person
Charges (Loans)
₹119.89 Cr
₹154.48 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 118.56 Cr
- Others : 0.90 Cr
- Canara Bank : 0.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2024 | Hdfc Bank Limited | ₹118.36 Cr | Open |
| 18 Jan 2024 | Others | ₹9.03 M | Open |
| 11 Jan 2024 | Hdfc Bank Limited | ₹2.00 M | Open |
| 26 Jun 2019 | Canara Bank | ₹0.46 M | Open |
| 14 Jun 2018 | Canara Bank | ₹0.80 M | Open |
How Many Employees Work at Mi Industries (India)?
Mi Industries (India) has a workforce of 45 employees as of Feb 04, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mi Industries (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mi Industries (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
