Mitc Rolling Mills Private Limited

Established corporate in NASHIK since 1988.

1985 | Nashik, Maharashtra (India) | Active
Last Updated:

Mitc Rolling Mills Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 20.75 Cr
  • Company Age 39 Year, 10 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 ten 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. Chetan Lodaya, Champshi Shah, and Atul Shah serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51420MH1985PTC036042

  • Company No.

    036042

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Engineering

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ruchita Shah Company Secretary21-Mar-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Chetan Lodaya Country flag representing In Director 01-Dec-2004Current
Champshi Shah Country flag representing In Director 12-Jun-1999Current
Atul Shah Country flag representing In Director 12-Jun-1999Current

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%.

Mitc Rolling Mills revenue growth over time
Mitc Rolling Mills 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
28.56%
Revenue from Operations
28.23%
Total Assets
25.29%
Profit or Loss
37.83%
Net Worth
13.26%
EBITDA
4.19%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 Cr

Satisfied Charges

₹535.47 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2001Canara Bank₹60.00 CrOpen
21 Dec 2015Punjab National Bank₹99.00 CrSatisfied
21 Dec 2015Canara Bank₹209.00 CrSatisfied
21 Dec 2015Canara Bank₹209.00 CrSatisfied
28 Mar 2001Canara Bank₹9.50 MSatisfied

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.

Employee growth trends for Mitc Rolling Mills Private Limited

Deals i

Graph showing company valuation over time

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

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 Rolling Mills

Recent activity within the organization

  • Charges

    A charge registered on 21 Dec 2015 via Charge ID 10613722 with Punjab National Bank was fully satisfied on 21 Dec 2023.

  • Charges

    A charge registered on 21 Dec 2015 via Charge ID 10615559 with Canara Bank was fully satisfied on 13 Dec 2023.

  • Charges

    A charge registered on 21 Dec 2015 via Charge ID 10615563 with Canara Bank was fully satisfied on 13 Dec 2023.

  • Annual General Meeting

    Mitc Rolling Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mitc Rolling Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Ruchita Pankit Shah was appointed as a Company Secretary was appointed as a Company Secretary on 21 Mar 2023 & has been associated with this company since 1 year 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mitc Rolling Mills Private Limited?

    Mitc Rolling Mills Private Limited was incorporated on 26 Apr 1985.

  • What is authorized share capital and paid-up capital of Mitc Rolling Mills Private Limited?

    The authorized share capital of Mitc Rolling Mills Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 20.75 Cr.

  • Who are the current board members & directors of Mitc Rolling Mills Private Limited?

    Currently 4 directors are associated with Mitc Rolling Mills Private Limited.

    • Chetan Damji Lodaya
    • Champshi Manekji Shah
    • Atul Champshi Shah
    • Ruchita Pankit Shah

  • What is the registered address of Mitc Rolling Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mitc Rolling Mills Private Limited is B-2/2 M I D Cpalkhed Road Dindori India, Nashik, Maharashtra, 422202.

  • What is the corporate identification number (CIN) and company number of Mitc Rolling Mills Private Limited?

    The corporate identification number (CIN) of Mitc Rolling Mills Private Limited is U51420MH1985PTC036042 and the company number is 036042 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mitc Rolling Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mitc Rolling Mills Private Limited has risen by 28.56%.

  • How many employees does Mitc Rolling Mills Private Limited currently have?

    As Per 2023 financial reports, 350 employees are currently employed by Mitc Rolling Mills Private Limited.

  • What change has been observed in the net worth of Mitc Rolling Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mitc Rolling Mills Private Limited has experienced an upsurge of 13.26%.

  • What are the total open charges for Mitc Rolling Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mitc Rolling Mills Private Limited amount to ₹ 60.00 Cr.

  • When was the last Balance Sheet of Mitc Rolling Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Mitc Rolling Mills Private Limited was filed with the ROC on 31 Mar 2023.

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