Mike Bags Manufacturers India Private Limited

Manufactures and trades various bags and corporate gifting items.

2020 | Hyderabad, Telangana (India) | Active
Last Updated: January 07, 2025

Mike Bags Manufacturers India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth 1072.52%
  • Profit Growth 15336.62%
  • Ebitda 11015.56%
  • Net Worth 144.04%
  • Total Assets 579.44%

About Mike Bags Manufacturers India

Mike Bags Manufacturers India Private Limited (MBMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 June 2020 (Four years and eight months 22 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.50 Cr.

Pratibha Itikalapati and Yatham Reddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mikebags.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U19121TG2020PTC140574

  • Company No.

    140574

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Mike Bags Manufacturers India?

Board Members (2)

NameDesignationAppointment DateStatus
Yatham Reddy Country flag representing In Director 03-Jun-2020Current
Pratibha Itikalapati Country flag representing In Director 03-Jun-2020Current

Financial Performance of Mike Bags Manufacturers India.

Mike Bags Manufacturers India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1072.52% increase. The company also saw a substantial improvement in profitability, with a 15336.62% increase in profit. The company's net worth Soared by an impressive increase of 144.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1072.52%
Revenue from Operations
1074.69%
Total Assets
579.44%
Profit or Loss
15336.62%
Net Worth
144.04%
EBITDA
11015.56%

What is the Ownership and Shareholding Structure of Mike Bags Manufacturers India?

In 2022, Mike Bags Manufacturers 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.00 Cr
  • Hdfc Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2024Axis Bank Limited₹3.00 CrOpen
26 Sep 2023Hdfc Bank Limited₹1.50 CrOpen

How Many Employees Work at Mike Bags Manufacturers India?

Mike Bags Manufacturers India has a workforce of 40 employees as of Apr 02, 2024. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mike Bags Manufacturers 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 Mike Bags Manufacturers India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Mike Bags Manufacturers India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 M with Charge ID 100931478 was registered on 16 Apr 2024.

    16 Apr 2024

  • Annual General Meeting

    Mike Bags Manufacturers India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 100853079 was registered on 26 Sep 2023.

    26 Sep 2023

  • Balance Sheet

    Mike Bags Manufacturers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Pratibha Itikalapati was appointed as a Director was appointed as a Director on 03 Jun 2020 & has been associated with this company since 4 years 8 months .

    03 Jun 2020

  • Director Appointment

    Yatham Madhava Reddy was appointed as a Director was appointed as a Director on 03 Jun 2020 & has been associated with this company since 4 years 8 months .

    03 Jun 2020

Frequently asked questions

  • Mike Bags Manufacturers India Private Limited was incorporated on 03 Jun 2020.

  • The authorized share capital of Mike Bags Manufacturers India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Mike Bags Manufacturers India Private Limited.

    • Pratibha Itikalapati
    • Yatham Madhava Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mike Bags Manufacturers India Private Limited is No. B-4 B-5 Survey Nos.610/2 612, Industrial Estate (Iala) India, Moula Ali, Telangana, 500040.

  • The corporate identification number (CIN) of Mike Bags Manufacturers India Private Limited is U19121TG2020PTC140574 and the company number is 140574 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mike Bags Manufacturers India Private Limited is https://www.mikebags.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mike Bags Manufacturers India Private Limited has risen by 1072.52%.

  • As Per 2022 financial reports, 40 employees are currently employed by Mike Bags Manufacturers India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mike Bags Manufacturers India Private Limited has experienced an upsurge of 144.04%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mike Bags Manufacturers India Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Mike Bags Manufacturers India Private Limited was filed with the ROC on 31 Mar 2023.