Mitaso Appliances Limited

Manufacturer of motor vehicle parts, including auto components and home appliances.

1974 | Faridabad, Haryana (India) | Active
Last Updated:

Mitaso Appliances Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 50 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.75 Cr
  • Satisfied Charges ₹ 1.23 Cr
  • Revenue Growth 7.45%
  • Profit Growth 32.00%
  • Ebitda 16.60%
  • Net Worth 16.45%
  • Total Assets 9.09%

About Mitaso Appliances

Mitaso Appliances Limited (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 1974 and has a history of 50 years and six months. Its registered office is in Faridabad, Haryana, India.

The Company is engaged in the Automotive 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 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹3.75 Cr. The company has closed loans amounting to ₹1.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sushil Mittal, Sparsh Mittal, and Sanjeev Mittal serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309HR1974PLC007510

  • Company No.

    007510

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 1974

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Mitaso Appliances Limited offer?

Mitaso Appliances Limited offers a wide range of products and services, including Gas Stoves, Three Burner Gas Stove, Hydraulic & Pneumatic Machines, Hydraulic Components, Automobile Fittings & Components, Car Parts, Clutch, Clutch Parts & Accessories, Clutch Components, Tractor, Tractor Parts & Assemblies, Tractor Body Parts & Covers.

Company report

Mitaso Appliances Limited

Explore comprehensive data for Mitaso Appliances Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mitaso Appliances?

Board Members (3)

NameDesignationAppointment DateStatus
Sparsh Mittal Country flag representing In Director 31-Dec-2012Current
Sushil Mittal Country flag representing In Director 20-Dec-2007Current
Sanjeev Mittal Country flag representing In Director 01-Apr-2008Current

Financial Performance of Mitaso Appliances.

Mitaso Appliances Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.45% increase. The company also saw a substantial improvement in profitability, with a 32% increase in profit. The company's net worth Soared by an impressive increase of 16.45%.

Mitaso Appliances revenue growth over time
Mitaso Appliances 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
7.45%
Revenue from Operations
7.08%
Total Assets
9.09%
Profit or Loss
32.00%
Net Worth
16.45%
EBITDA
16.60%

What is the Ownership and Shareholding Structure of Mitaso Appliances?

In 2023, Mitaso Appliances had a promoter holding of 99.76% and a public holding of 0.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.75 Cr

Satisfied Charges

₹1.23 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.62 Cr
  • Hdfc Bank Limited : 1.13 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2024Hdfc Bank Limited₹2.01 MOpen
24 Apr 2024Hdfc Bank Limited₹3.43 MOpen
29 Sep 2023Hdfc Bank Limited₹2.21 MOpen
30 May 2023Hdfc Bank Limited₹3.01 MOpen
03 Jan 2023Hdfc Bank Limited₹0.60 MOpen

How Many Employees Work at Mitaso Appliances?

Mitaso Appliances has a workforce of 53 employees as of Apr 08, 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 Mitaso Appliances Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitaso Appliances, 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 Mitaso Appliances'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 Mitaso Appliances

Recent activity within the organization

  • Annual General Meeting

    Mitaso Appliances Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100968609 was registered on 27 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100916719 was registered on 24 Apr 2024.

  • Balance Sheet

    Mitaso Appliances Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100794497 was registered on 29 Sep 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100755767 was registered on 30 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Mitaso Appliances Limited?

    Mitaso Appliances Limited was incorporated on 21 Oct 1974.

  • What is authorized share capital and paid-up capital of Mitaso Appliances Limited?

    The authorized share capital of Mitaso Appliances Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.10 Cr.

  • Who are the current board members & directors of Mitaso Appliances Limited?

    Currently 3 directors are associated with Mitaso Appliances Limited.

    • Sushil Kumar Mittal
    • Sparsh Mittal
    • Sanjeev Mittal
  • What is the registered address of Mitaso Appliances Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mitaso Appliances Limited is Plot No.102 Sector -24 India, Faridabad, Haryana, 121005.

  • What is the corporate identification number (CIN) and company number of Mitaso Appliances Limited?

    The corporate identification number (CIN) of Mitaso Appliances Limited is U29309HR1974PLC007510 and the company number is 007510 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mitaso Appliances Limited?

    The Official website of Mitaso Appliances Limited is https://www.mitasoappliances.com

  • What has been the recent revenue trend for Mitaso Appliances Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mitaso Appliances Limited has risen by 7.45%.

  • How many employees does Mitaso Appliances Limited currently have?

    As Per 2023 financial reports, 53 employees are currently employed by Mitaso Appliances Limited.

  • What change has been observed in the net worth of Mitaso Appliances Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mitaso Appliances Limited has experienced an upsurge of 16.45%.

  • What are the total open charges for Mitaso Appliances Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mitaso Appliances Limited amount to ₹ 3.75 Cr.

  • When was the last Balance Sheet of Mitaso Appliances Limited filed with the ROC?

    The most recent Balance Sheet for Mitaso Appliances Limited was filed with the ROC on 31 Mar 2024.

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