Mitan Handicrafts Development Private Limited

Founded in 2008 and headquartered in Karnataka, India.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mitan Handicrafts Development Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 1.50 M
  • Revenue Growth -52.80%
  • Profit Growth 21.20%
  • Ebitda 8.74%
  • Net Worth 9.18%
  • Total Assets -14.29%

About Mitan Handicrafts Development

Mitan Handicrafts Development Private Limited (MHDPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 January 2008 and has a history of 17 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Appreal & Fashion Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹1.50 M.

Kamal Kishore and Gopikrishna Rao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KA2008PTC044919

  • Company No.

    044919

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 2008

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Appreal & Fashion
Wood
Company report

Mitan Handicrafts Development Private Limited

Explore comprehensive data for Mitan Handicrafts Development Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mitan Handicrafts Development?

Executive Team (1)

NameDesignationAppointment DateStatus
Gopikrishna Rao Country flag representing In Managing Director11-Jan-2008Current

Board Members (1)

NameDesignationAppointment DateStatus
Kamal Kishore Country flag representing In Director 11-Jan-2008Current

Financial Performance of Mitan Handicrafts Development.

Mitan Handicrafts Development Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 52.8% decrease. The company also saw a substantial improvement in profitability, with a 21.2% increase in profit. The company's net worth moved up by a moderate rise of 9.18%.

Mitan Handicrafts Development revenue growth over time
Mitan Handicrafts Development 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
-52.80%
Revenue from Operations
-52.96%
Total Assets
-14.29%
Profit or Loss
21.20%
Net Worth
9.18%
EBITDA
8.74%

What is the Ownership and Shareholding Structure of Mitan Handicrafts Development?

In 2017, Mitan Handicrafts Development 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

₹1.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Export-Import Bank Of India : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2014Export-Import Bank Of India₹1.50 MOpen

How Many Employees Work at Mitan Handicrafts Development?

Unlock and access historical data on people associated with Mitan Handicrafts Development, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mitan Handicrafts Development Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitan Handicrafts Development, 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 Mitan Handicrafts Development'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 Mitan Handicrafts Development

Recent activity within the organization

  • Annual General Meeting

    Mitan Handicrafts Development Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

  • Balance Sheet

    Mitan Handicrafts Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.

  • Charges

    A charge with Export-Import Bank Of India amounted to Rs. 1.50 M with Charge ID 10480507 was registered on 07 Feb 2014.

  • Director Appointment

    Kamal Kishore was appointed as a Director was appointed as a Director on 11 Jan 2008 & has been associated with this company since 17 years 3 months .

  • Director Appointment

    Gopikrishna Nagaraja Rao was appointed as a Managing Director was appointed as a Managing Director on 11 Jan 2008 & has been associated with this company since 17 years 3 months .

  • Company Incorporation

    Mitan Handicrafts Development Private Limited was registered on 11 Jan 2008 with Roc Bangalore & aged 17 years 3 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Mitan Handicrafts Development Private Limited?

    Mitan Handicrafts Development Private Limited was incorporated on 11 Jan 2008.

  • What is authorized share capital and paid-up capital of Mitan Handicrafts Development Private Limited?

    The authorized share capital of Mitan Handicrafts Development Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Mitan Handicrafts Development Private Limited?

    Currently 2 directors are associated with Mitan Handicrafts Development Private Limited.

    • Kamal Kishore
    • Gopikrishna Nagaraja Rao
  • What is the registered address of Mitan Handicrafts Development Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mitan Handicrafts Development Private Limited is No.3354 K.R. Road, Banashnakri 2Nd Stage India, Bangalore, Karnataka, 560070.

  • What is the corporate identification number (CIN) and company number of Mitan Handicrafts Development Private Limited?

    The corporate identification number (CIN) of Mitan Handicrafts Development Private Limited is U51909KA2008PTC044919 and the company number is 044919 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mitan Handicrafts Development Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Mitan Handicrafts Development Private Limited has fallen by -52.80%.

  • What change has been observed in the net worth of Mitan Handicrafts Development Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Mitan Handicrafts Development Private Limited has experienced an upsurge of 9.18%.

  • What are the total open charges for Mitan Handicrafts Development Private Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Mitan Handicrafts Development Private Limited amount to ₹ 1.50 M.

  • When was the last Balance Sheet of Mitan Handicrafts Development Private Limited filed with the ROC?

    The most recent Balance Sheet for Mitan Handicrafts Development Private Limited was filed with the ROC on 31 Mar 2017.

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