Mitarth India Private Limited

Manufactures PPR pipes and fittings for various applications, ISO certified.

1993 | Delhi (India) | Active
Last Updated: December 28, 2024

Mitarth India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.04 M
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.45 Cr
  • Revenue Growth 36.27%
  • Profit Growth 27.35%
  • Ebitda 8.60%
  • Net Worth 15.99%
  • Total Assets 12.85%

About Mitarth India

Mitarth India Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 1993 and has a history of 31 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Mitarth India Limited. 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 M and a paid-up capital of Rs 3.04 M.

The company has closed loans amounting to ₹4.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prem Mittal, Rishi Mittal, and Raj Mittal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1993PTC055257

  • Company No.

    055257

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1993

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Mitarth India Private Limited offer?

Mitarth India Private Limited offers a wide range of products and services, including Plumbing Pipe, PPR Pipe, Water Tanks, Water Storage Tanks, Pipe Unions, Metal Pipe & Plumbing Fittings, Pipe Adapters, PVC, CPVC, HDPE Water Pipe Fittings, PPR Pipe Fittings, PVC, FRP, HDPE & Other Plastic Pipes.

Who are the key members and board of directors at Mitarth India?

Board Members (3)

Name Designation Appointment Date Status
Raj Mittal Country flag representing In Director 01-Apr-2013 Current
Rishi Mittal Country flag representing In Director 17-Nov-2003 Current
Prem Mittal Country flag representing In Director 17-Sep-1993 Current

Financial Performance of Mitarth India.

Mitarth India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.27% increase. The company also saw a substantial improvement in profitability, with a 27.35% increase in profit. The company's net worth Soared by an impressive increase of 15.99%.

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
36.27%
Revenue from Operations
36.23%
Total Assets
12.85%
Profit or Loss
27.35%
Net Worth
15.99%
EBITDA
8.60%

What is the Ownership and Shareholding Structure of Mitarth India?

In 2022, Mitarth India had a promoter holding of 92.99% and a public holding of 7.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹44.50 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.70 Cr
  • Icici Bank Limited : 1.50 Cr
  • Others : 1.25 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2022 Others ₹1.25 Cr Satisfied
15 Apr 2019 Yes Bank Limited ₹1.00 Cr Satisfied
31 Jan 2015 Icici Bank Limited ₹1.50 Cr Satisfied
27 Dec 2013 Yes Bank Limited ₹7.00 M Satisfied

How Many Employees Work at Mitarth India?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitarth 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 Mitarth 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 Mitarth India

Recent activity within the organization

  • Annual General Meeting

    Mitarth India Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Balance Sheet

    Mitarth India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 31 May 2022 via Charge ID 100582501 with Others was fully satisfied on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 100582501 was registered on 31 May 2022.

    31 May 2022

  • Charges

    A charge registered on 15 Apr 2019 via Charge ID 100261209 with Yes Bank Limited was fully satisfied on 26 Jul 2021.

    26 Jul 2021

  • Charges

    A charge registered on 31 Jan 2015 via Charge ID 10548232 with Icici Bank Limited was fully satisfied on 25 Apr 2019.

    25 Apr 2019

Frequently asked questions

  • Mitarth India Private Limited was incorporated on 17 Sep 1993.

  • The authorized share capital of Mitarth India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.04 M.

  • Currently 3 directors are associated with Mitarth India Private Limited.

    • Prem Chand Mittal
    • Rishi Mittal
    • Raj Rani Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitarth India Private Limited is A-7, Mangolopuri Industrial.Area Phase Ii India, New Delhi, 110034.

  • The corporate identification number (CIN) of Mitarth India Private Limited is U74899DL1993PTC055257 and the company number is 055257 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mitarth India Private Limited is https://www.duromaxindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mitarth India Private Limited has risen by 36.27%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mitarth India Private Limited has experienced an upsurge of 15.99%.

  • The most recent Balance Sheet for Mitarth India Private Limited was filed with the ROC on 31 Mar 2024.

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