Mitasu Developers Private Limited

Real estate development and construction company based in Mumbai, established in 2018.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Mitasu Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.10 M
  • Satisfied Charges ₹ 61.00 Cr
  • Revenue Growth 87.53%
  • Profit Growth 30.38%
  • Ebitda 34.41%
  • Net Worth 108.85%
  • Total Assets -2.97%

About Mitasu Developers

Mitasu Developers Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 May 2018 (Six years and nine months 18 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.10 M. The company has closed loans amounting to ₹61.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nilesh Shah, Bhushan Nemlekar, and Mitaram Jangid serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sumitwoods.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45500MH2018PTC309173

  • Company No.

    309173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 May 2018

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Mitasu Developers?

Board Members (3)

NameDesignationAppointment DateStatus
Nilesh Shah Country flag representing In Director 29-Nov-2018Current
Bhushan Nemlekar Country flag representing In Director 07-Sep-2018Current
Mitaram Jangid Country flag representing In Director 07-Sep-2018Current

Financial Performance of Mitasu Developers.

Mitasu Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.53% increase. The company also saw a substantial improvement in profitability, with a 30.38% increase in profit. The company's net worth Soared by an impressive increase of 108.85%.

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
87.53%
Revenue from Operations
88.29%
Total Assets
-2.97%
Profit or Loss
30.38%
Net Worth
108.85%
EBITDA
34.41%

What is the Ownership and Shareholding Structure of Mitasu Developers?

In 2023, Mitasu Developers 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

₹1.10 M

Satisfied Charges

₹610.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2022Hdfc Bank Limited₹1.10 MOpen
31 Jan 2023Others₹5.00 CrSatisfied
26 Aug 2022Others₹9.00 CrSatisfied
11 Dec 2020Others₹2.00 CrSatisfied
31 Jul 2019Others₹45.00 CrSatisfied

How Many Employees Work at Mitasu Developers?

Mitasu Developers has a workforce of 9 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitasu Developers, 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 Mitasu Developers'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 Mitasu Developers

Recent activity within the organization

  • Charges

    A charge registered on 31 Jan 2023 via Charge ID 100687464 with Others was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 26 Aug 2022 via Charge ID 100609764 with Others was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 11 Dec 2020 via Charge ID 100397696 with Others was fully satisfied on 29 May 2024.

    29 May 2024

  • Annual General Meeting

    Mitasu Developers Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge registered on 31 Jul 2019 via Charge ID 100287423 with Others was fully satisfied on 23 May 2023.

    23 May 2023

  • Balance Sheet

    Mitasu Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Mitasu Developers Private Limited was incorporated on 09 May 2018.

  • The authorized share capital of Mitasu Developers Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Mitasu Developers Private Limited.

    • Nilesh Kantilal Shah
    • Bhushan Subodh Nemlekar
    • Mitaram Ramlal Jangid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitasu Developers Private Limited is B-Wing Office No-1101 Opp. Reliance Off Express Zone W.E.Highway, Malad-East India, Mumbai, Maharashtra, 400097.

  • The corporate identification number (CIN) of Mitasu Developers Private Limited is U45500MH2018PTC309173 and the company number is 309173 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mitasu Developers Private Limited is https://www.sumitwoods.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mitasu Developers Private Limited has risen by 87.53%.

  • As Per 2023 financial reports, 9 employees are currently employed by Mitasu Developers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mitasu Developers Private Limited has experienced an upsurge of 108.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mitasu Developers Private Limited amount to ₹ 1.10 M.

  • The most recent Balance Sheet for Mitasu Developers Private Limited was filed with the ROC on 31 Mar 2023.

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