Mitcon Insolvency Professional Services Private Limited

Provides insolvency and receivership services, including NCLT application, IRP/RP, liquidation, and voluntary assignments.

2018 | Pune, Maharashtra (India) | Active
Last Updated: January 08, 2025

Mitcon Insolvency Professional Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -46.73%
  • Profit Growth -1630.88%
  • Ebitda -1128.45%
  • Net Worth -15.79%
  • Total Assets 0.62%

About Mitcon Insolvency Professional Services

Mitcon Insolvency Professional Services Private Limited (MIPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 June 2018 (Six years and eight months 12 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Versatile Insolvency Professional Services Private Limited. The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Bavadekar, Srigini Naidu, Anil Vaidya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mitconindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090PN2018PTC177168

  • Company No.

    177168

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 2018

  • Date of AGM

    27 Jul 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Travel and Hospitality

Who are the key members and board of directors at Mitcon Insolvency Professional Services?

Board Members (5)

NameDesignationAppointment DateStatus
Subrata Maity Country flag representing In Whole-Time Director 22-Jun-2018Current
Srigini Naidu Country flag representing In Whole-Time Director 12-Jun-2018Current
Pradeep Bavadekar Country flag representing In Director 06-Sep-2018Current
Anil Vaidya Country flag representing In Whole-Time Director 12-Jun-2018Current
Anirudha Sathe Country flag representing In Additional Director 20-May-2022Current

Financial Performance of Mitcon Insolvency Professional Services.

Mitcon Insolvency Professional Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.73% decrease. The company also saw a substantial fall in profitability, with a 1630.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.79%.

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
-46.73%
Revenue from Operations
-46.85%
Total Assets
0.62%
Profit or Loss
-1630.88%
Net Worth
-15.79%
EBITDA
-1128.45%

What is the Ownership and Shareholding Structure of Mitcon Insolvency Professional Services?

In 2020, Mitcon Insolvency Professional Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mitcon Insolvency Professional Services?

Unlock and access historical data on people associated with Mitcon Insolvency Professional Services, 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 Mitcon Insolvency Professional Services, 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 Mitcon Insolvency Professional Services'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 Mitcon Insolvency Professional Services

Recent activity within the organization

  • Director Appointment

    Anirudha Gangadhar Sathe was appointed as a Additional Director was appointed as a Additional Director on 20 May 2022 & has been associated with this company since 2 years 9 months .

    20 May 2022

  • Annual General Meeting

    Mitcon Insolvency Professional Services Private Limited last Annual general meeting of members was held on 27 Jul 2021 as per latest MCA records.

    27 Jul 2021

  • Balance Sheet

    Mitcon Insolvency Professional Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.

    31 Mar 2021

  • Director Appointment

    Pradeep Raghunath Bavadekar was appointed as a Director was appointed as a Director on 06 Sep 2018 & has been associated with this company since 6 years 5 months .

    06 Sep 2018

  • Director Appointment

    Subrata Monindranath Maity was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Jun 2018 & has been associated with this company since 6 years 8 months .

    22 Jun 2018

  • Director Appointment

    Srigini Rajat Naidu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jun 2018 & has been associated with this company since 6 years 8 months .

    12 Jun 2018

Frequently asked questions

  • Mitcon Insolvency Professional Services Private Limited was incorporated on 12 Jun 2018.

  • The authorized share capital of Mitcon Insolvency Professional Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Mitcon Insolvency Professional Services Private Limited.

    • Pradeep Raghunath Bavadekar
    • Srigini Rajat Naidu
    • Anil Seetaram Vaidya
    • Anirudha Gangadhar Sathe
    • Subrata Monindranath Maity
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitcon Insolvency Professional Services Private Limited is First Floor Kubera Chambers Shivajinagar, India, Pune, Maharashtra, 411005.

  • The corporate identification number (CIN) of Mitcon Insolvency Professional Services Private Limited is U93090PN2018PTC177168 and the company number is 177168 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mitcon Insolvency Professional Services Private Limited is https://www.mitconindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mitcon Insolvency Professional Services Private Limited has fallen by -46.73%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mitcon Insolvency Professional Services Private Limited has experienced an downturn of -15.79%.

  • The most recent Balance Sheet for Mitcon Insolvency Professional Services Private Limited was filed with the ROC on 31 Mar 2021.

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