Mitaso Appliances Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.10 Cr
- Company Age 50 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.20 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 three 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 2023. 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 ₹3.20 Cr. The company has closed loans amounting to ₹1.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sushil Mittal, Sanjeev Mittal, and Sparsh Mittal serve as directors at the Company.
Company Details
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Location
Faridabad, Haryana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29309HR1974PLC007510
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Company No.
007510
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Oct 1974
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
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.
Who are the key members and board of directors at Mitaso Appliances?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sparsh Mittal
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Director | 31-Dec-2012 | Current |
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Sushil Mittal
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Director | 20-Dec-2007 | Current |
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Sanjeev Mittal
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Director | 01-Apr-2008 | Current |
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%.
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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.
Charges (Loans)
₹3.20 Cr
₹1.23 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.62 Cr
- Hdfc Bank Limited : 0.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2023 | Hdfc Bank Limited | ₹2.21 M | Open |
| 30 May 2023 | Hdfc Bank Limited | ₹3.01 M | Open |
| 03 Jan 2023 | Hdfc Bank Limited | ₹0.60 M | Open |
| 17 Apr 2002 | State Bank Of India | ₹2.62 Cr | Open |
| 08 Nov 2012 | State Bank Of India | ₹1.05 M | Satisfied |
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.
Deals i
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
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
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.
