Mitali Alloys Private Limited

This company specializes in wholesale distribution of metals and metal ores, serving major clients in the steel industry.

2007 | Fatehgarh Sahib, Punjab (India) | Active
Last Updated:

Mitali Alloys Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.15 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 66.57 Cr
  • Satisfied Charges ₹ 67.97 Cr
  • Revenue Growth 7.09%
  • Profit Growth 4.00%
  • Ebitda 17.73%
  • Net Worth 43.19%
  • Total Assets 21.70%

About Mitali Alloys

Mitali Alloys Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2007 and has a history of 17 years and seven months. Its registered office is in Fatehgarh Sahib, Punjab, India.

The Company is engaged in the Metals And Minerals 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 2.00 M and a paid-up capital of Rs 1.15 M.

The company currently has active open charges totaling ₹66.57 Cr. The company has closed loans amounting to ₹67.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhushan Kumar, Khem Gupta, and Dheeraj Gupta serve as directors at the Company.

Company Details

  • Location

    Fatehgarh Sahib, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27107PB2007PTC031272

  • Company No.

    031272

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Mitali Alloys Private Limited offer?

Mitali Alloys Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Stainless Steel Equal Angle Bar, Metal & Metal Made Products, Steel Sheets, TMT Bars, Beams, Purlins, Frames and Girders, Building Beams & Girders, Steel Pipes and Tubes, Hollow Sections, Metal Beams.

Company report

Mitali Alloys Private Limited

Explore comprehensive data for Mitali Alloys Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mitali Alloys?

Board Members (3)

NameDesignationAppointment DateStatus
Khem Gupta Country flag representing In Director 15-Dec-2010Current
Bhushan Kumar Country flag representing In Director 30-Mar-2012Current
Dheeraj Gupta Country flag representing In Director 19-Jul-2007Current

Financial Performance of Mitali Alloys.

Mitali Alloys Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.09% increase. The company also saw a slight improvement in profitability, with a 4% increase in profit. The company's net worth Soared by an impressive increase of 43.19%.

Mitali Alloys revenue growth over time
Mitali Alloys 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
7.09%
Revenue from Operations
7.02%
Total Assets
21.70%
Profit or Loss
4.00%
Net Worth
43.19%
EBITDA
17.73%

What is the Ownership and Shareholding Structure of Mitali Alloys?

In 2022, Mitali Alloys 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

₹665.70 M

Satisfied Charges

₹679.71 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 59.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 4.50 Cr
  • Hdfc Bank Limited : 2.57 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2023Hdfc Bank Limited₹6.19 MOpen
06 Apr 2023Hdfc Bank Limited₹2.36 MOpen
14 Mar 2023Axis Bank Limited₹59.50 CrOpen
19 Jan 2023Hdfc Bank Limited₹2.10 MOpen
28 Sep 2022Hdfc Bank Limited₹1.06 CrOpen

How Many Employees Work at Mitali Alloys?

Mitali Alloys has a workforce of 14 employees as of Apr 05, 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.

Employee growth trends for Mitali Alloys Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitali Alloys, 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 Mitali Alloys'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 Mitali Alloys

Recent activity within the organization

  • Annual General Meeting

    Mitali Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 595.00 M registered on 14 Mar 2023 with Charge ID 100705495 was modified on 20 Jun 2024.

  • Balance Sheet

    Mitali Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.19 M with Charge ID 100819038 was registered on 01 Nov 2023.

  • Charges

    A charge registered on 20 Feb 2021 via Charge ID 100417527 with Hdfc Bank Limited was fully satisfied on 05 Jul 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.36 M with Charge ID 100700109 was registered on 06 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Mitali Alloys Private Limited?

    Mitali Alloys Private Limited was incorporated on 19 Jul 2007.

  • What is authorized share capital and paid-up capital of Mitali Alloys Private Limited?

    The authorized share capital of Mitali Alloys Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.15 M.

  • Who are the current board members & directors of Mitali Alloys Private Limited?

    Currently 3 directors are associated with Mitali Alloys Private Limited.

    • Bhushan Kumar
    • Khem Chand Gupta
    • Dheeraj Kumar Gupta

  • What is the registered address of Mitali Alloys Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mitali Alloys Private Limited is M/S Narain Dass Bharat Kumar Harchand Mill Road India, Mandi Gobindgarh, Punjab, 147301.

  • What is the corporate identification number (CIN) and company number of Mitali Alloys Private Limited?

    The corporate identification number (CIN) of Mitali Alloys Private Limited is U27107PB2007PTC031272 and the company number is 031272 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mitali Alloys Private Limited?

    The Official website of Mitali Alloys Private Limited is https://www.mitalialloys.com

  • What has been the recent revenue trend for Mitali Alloys Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mitali Alloys Private Limited has risen by 7.09%.

  • How many employees does Mitali Alloys Private Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Mitali Alloys Private Limited.

  • What change has been observed in the net worth of Mitali Alloys Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mitali Alloys Private Limited has experienced an upsurge of 43.19%.

  • What are the total open charges for Mitali Alloys Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mitali Alloys Private Limited amount to ₹ 66.57 Cr.

  • When was the last Balance Sheet of Mitali Alloys Private Limited filed with the ROC?

    The most recent Balance Sheet for Mitali Alloys Private Limited was filed with the ROC on 31 Mar 2024.

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