Mitc Rolling Mills Profile
Key Indicators
- Authorised Capital ₹ 22.00 Cr
- Paid Up Capital ₹ 20.75 Cr
- Company Age 39 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 60.00 Cr
- Satisfied Charges ₹ 535.47 Cr
- Revenue Growth 28.56%
- Profit Growth 37.83%
- Ebitda 4.19%
- Net Worth 13.26%
- Total Assets 25.29%
About Mitc Rolling Mills
Mitc Rolling Mills Private Limited (MRMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 1985 and has a history of 39 years and nine months. Its registered office is in Nashik, Maharashtra, India.
The Corporate was formerly known as New Bombay Ispat Udyog Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 20.75 Cr.
The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹535.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mitc Rolling Mills Private Limited India is Ruchita Shah as COMPANY SECRETARY.
Company Details
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Location
Nashik, Maharashtra, 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
U51420MH1985PTC036042
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Company No.
036042
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Apr 1985
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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 Mumbai
Industry
Who are the key members and board of directors at Mitc Rolling Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ruchita Shah | Company Secretary | 21-Mar-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chetan Lodaya
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Director | 01-Dec-2004 | Current |
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Champshi Shah
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Director | 12-Jun-1999 | Current |
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Atul Shah
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Director | 12-Jun-1999 | Current |
Financial Performance of Mitc Rolling Mills.
Mitc Rolling Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.56% increase. The company also saw a substantial improvement in profitability, with a 37.83% increase in profit. The company's net worth Soared by an impressive increase of 13.26%.
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What is the Ownership and Shareholding Structure of Mitc Rolling Mills?
In 2022, Mitc Rolling Mills had a promoter holding of 94.95% and a public holding of 5.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mitc Metals Private LimitedChetan Lodaya, Champshi Shah and 1 more are mutual person
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Homeshine Properties Llp
Atul Shah is a mutual person
Charges (Loans)
₹60.00 Cr
₹535.47 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2001 | Canara Bank | ₹60.00 Cr | Open |
| 21 Dec 2015 | Punjab National Bank | ₹99.00 Cr | Satisfied |
| 21 Dec 2015 | Canara Bank | ₹209.00 Cr | Satisfied |
| 21 Dec 2015 | Canara Bank | ₹209.00 Cr | Satisfied |
| 28 Mar 2001 | Canara Bank | ₹9.50 M | Satisfied |
How Many Employees Work at Mitc Rolling Mills?
Mitc Rolling Mills has a workforce of 350 employees as of Apr 04, 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 Mitc Rolling Mills, 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 Rolling Mills'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.
