Mitc Metals Private Limited

Manufacturer of MS billets, blooms, TMT steel bars, and other steel products.

2007 | Nashik, Maharashtra (India) | Active
Last Updated: December 29, 2024

Mitc Metals Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.35 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 269.27 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth -89.82%
  • Profit Growth -566.83%
  • Ebitda 1.08%
  • Net Worth -4.80%
  • Total Assets -4.14%

About Mitc Metals

Mitc Metals Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 May 2007 and has a history of 17 years and nine months. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 3.00 Cr and a paid-up capital of Rs 2.35 Cr.

The company currently has active open charges totaling ₹269.27 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chetan Lodaya, Atul Shah, and Champshi Shah serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310MH2007PTC170497

  • Company No.

    170497

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Mitc Metals?

Board Members (3)

Name Designation Appointment Date Status
Chetan Lodaya Country flag representing In Director 19-Oct-2023 Current
Atul Shah Country flag representing In Director 31-Jul-2023 Current
Champshi Shah Country flag representing In Director 31-Jul-2023 Current

Financial Performance of Mitc Metals.

Mitc Metals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 89.82% decrease. The company also saw a substantial fall in profitability, with a 566.83% decrease in profit. The company's net worth dipped by a decrease of 4.8%.

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
-89.82%
Revenue from Operations
Total Assets
-4.14%
Profit or Loss
-566.83%
Net Worth
-4.80%
EBITDA
1.08%

What is the Ownership and Shareholding Structure of Mitc Metals?

In 2021, Mitc Metals had a promoter holding of 67.71% and a public holding of 32.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹269.27 Cr

Satisfied Charges

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 190.38 Cr
  • State Bank Of Travancore : 30.50 Cr
  • State Bank Of Tranvacore : 25.00 Cr
  • Others : 16.16 Cr
  • Dewan Housing Finance Corporation Limited : 7.23 Cr

Latest Charge Details

Date Lender Amount Status
11 Dec 2023 Others ₹0.50 M Open
26 May 2015 Dewan Housing Finance Corporation Limited ₹7.23 Cr Open
03 Mar 2014 Others ₹16.11 Cr Open
03 Mar 2014 State Bank Of Tranvacore ₹25.00 Cr Open
23 Dec 2013 State Bank Of India ₹103.90 Cr Open

How Many Employees Work at Mitc Metals?

Unlock and access historical data on people associated with Mitc Metals, 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 Mitc Metals, 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 Mitc Metals'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 Mitc Metals

Recent activity within the organization

  • Annual General Meeting

    Mitc Metals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mitc Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100837971 was registered on 11 Dec 2023.

    11 Dec 2023

  • Director Appointment

    Chetan Damji Lodaya was appointed as a Director was appointed as a Director on 19 Oct 2023 & has been associated with this company since 1 year 3 months .

    19 Oct 2023

  • Director Appointment

    Atul Champshi Shah was appointed as a Director was appointed as a Director on 31 Jul 2023 & has been associated with this company since 1 year 6 months .

    31 Jul 2023

  • Director Appointment

    Champshi Manekji Shah was appointed as a Director was appointed as a Director on 31 Jul 2023 & has been associated with this company since 1 year 6 months .

    31 Jul 2023

Frequently asked questions

  • Mitc Metals Private Limited was incorporated on 01 May 2007.

  • The authorized share capital of Mitc Metals Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.35 Cr.

  • Currently 3 directors are associated with Mitc Metals Private Limited.

    • Chetan Damji Lodaya
    • Atul Champshi Shah
    • Champshi Manekji Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitc Metals Private Limited is Plot No. B3 Midc Industrial Area India, Dindori, Maharashtra, 422202.

  • The corporate identification number (CIN) of Mitc Metals Private Limited is U27310MH2007PTC170497 and the company number is 170497 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mitc Metals Private Limited is https://www.vaishnavcasting.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mitc Metals Private Limited has fallen by -89.82%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mitc Metals Private Limited has experienced an downturn of -4.80%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mitc Metals Private Limited amount to ₹ 269.27 Cr.

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

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