Mitco Wires Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.66 M
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 4.62 Cr
- Revenue Growth 27.40%
- Profit Growth -7.96%
- Ebitda -13.87%
- Net Worth 23.07%
- Total Assets 18.21%
About Mitco Wires
Mitco Wires Private Limited (MWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1983 and has a history of 41 years and six months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Matrishree Investments & Trading Company Pvt Ltd. 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 2.50 M and a paid-up capital of Rs 1.66 M.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹4.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Priscilla Mittal and Ajay Mittal serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U40100KA1983PTC005495
- Company No.
005495
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1983
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Mitco Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priscilla Mittal  | Director | 01-Apr-2004 | Current |
| Ajay Mittal | Director | 01-Jul-1987 | Current |
Financial Performance of Mitco Wires.
Mitco Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.4% increase. The company also saw a slight decrease in profitability, with a 7.96% decrease in profit. The company's net worth Soared by an impressive increase of 23.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mitco Wires?
In 2023, Mitco Wires had a promoter holding of 100.00%. 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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Hi-Tech Forgings (Bangalore) Private LimitedAjay Mittal is a mutual person
Vee Pee Steels Private LimitedPriscilla Mittal and Ajay Mittal are mutual person
- Rukmani Forgings Private Limited
Priscilla Mittal and Ajay Mittal are mutual person
Charges (Loans)
₹20.00 M
₹46.20 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2018 | Axis Bank Limited | ₹2.00 Cr | Open |
| 17 Jun 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.75 Cr | Satisfied |
| 08 Dec 2010 | State Bank Of Travancore | ₹2.87 Cr | Satisfied |
How Many Employees Work at Mitco Wires?
Unlock and access historical data on people associated with Mitco Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mitco Wires, 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 Mitco Wires'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
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