Mitcorr Cathodic Protection Private Limited

Provides cathodic protection services for pipelines, including design, engineering, supply, construction, and maintenance.

2003 | Vadodara, Gujarat (India) | Active
Last Updated: January 10, 2025

Mitcorr Cathodic Protection Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.95 Cr
  • Satisfied Charges ₹ 6.48 M
  • Revenue Growth -39.17%
  • Profit Growth -31.87%
  • Ebitda 7.08%
  • Net Worth -43.13%
  • Total Assets -13.71%

About Mitcorr Cathodic Protection

Mitcorr Cathodic Protection Private Limited (MCPPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2003 and has a history of 21 years and nine months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Engineering 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.95 Cr. The company has closed loans amounting to ₹6.48 M, as per Ministry of Corporate Affairs (MCA) records.

Muralinandan Nanduru, Lakshmi Nanduru, and Saketh Nanduru serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mitcorr.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60300GJ2003PTC042373

  • Company No.

    042373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

Who are the key members and board of directors at Mitcorr Cathodic Protection?

Board Members (3)

Name Designation Appointment Date Status
Saketh Nanduru Country flag representing In Director 11-Sep-2020 Current
Muralinandan Nanduru Country flag representing In Director 12-May-2003 Current
Lakshmi Nanduru Country flag representing In Director 12-Mar-2005 Current

Financial Performance of Mitcorr Cathodic Protection.

Mitcorr Cathodic Protection Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 39.17% decrease. The company also saw a substantial fall in profitability, with a 31.87% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.13%.

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
-39.17%
Revenue from Operations
-39.25%
Total Assets
-13.71%
Profit or Loss
-31.87%
Net Worth
-43.13%
EBITDA
7.08%

What is the Ownership and Shareholding Structure of Mitcorr Cathodic Protection?

In 2021, Mitcorr Cathodic Protection 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)

Open Charges

₹19.50 M

Satisfied Charges

₹6.48 M

Charges Breakdown by Lending Institutions

  • Others : 1.95 Cr

Latest Charge Details

Date Lender Amount Status
13 Feb 2017 Others ₹6.50 M Open
27 Jan 2017 Others ₹6.50 M Open
04 Jan 2017 Others ₹6.50 M Open
23 Apr 2010 Punjab National Bank ₹1.50 M Satisfied
23 Apr 2010 Punjab National Bank ₹1.50 M Satisfied

How Many Employees Work at Mitcorr Cathodic Protection?

Mitcorr Cathodic Protection has a workforce of 9 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitcorr Cathodic Protection, 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 Mitcorr Cathodic Protection'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 Mitcorr Cathodic Protection

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 23 Apr 2010 via Charge ID 10217489 with Punjab National Bank was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge registered on 23 Apr 2010 via Charge ID 10217490 with Punjab National Bank was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge registered on 15 Jun 2009 via Charge ID 10166021 with Punjab National Bank was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge registered on 29 Apr 2009 via Charge ID 10163009 with Punjab National Bank was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge registered on 29 Nov 2006 via Charge ID 10032177 with Panjab National Bank was fully satisfied on 28 May 2024.

    28 May 2024

Frequently asked questions

  • Mitcorr Cathodic Protection Private Limited was incorporated on 12 May 2003.

  • The authorized share capital of Mitcorr Cathodic Protection Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Mitcorr Cathodic Protection Private Limited.

    • Muralinandan Nanduru
    • Lakshmi Nandan Nanduru
    • Saketh Nandan Nanduru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitcorr Cathodic Protection Private Limited is Ff 18 19 20 Pratibha Complex Arunchal Road, Subhanpura India, Vadodara, Gujarat, 390023.

  • The corporate identification number (CIN) of Mitcorr Cathodic Protection Private Limited is U60300GJ2003PTC042373 and the company number is 042373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mitcorr Cathodic Protection Private Limited is https://www.mitcorr.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mitcorr Cathodic Protection Private Limited has fallen by -39.17%.

  • As Per 2021 financial reports, 9 employees are currently employed by Mitcorr Cathodic Protection Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mitcorr Cathodic Protection Private Limited has experienced an downturn of -43.13%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mitcorr Cathodic Protection Private Limited amount to ₹ 1.95 Cr.

  • The most recent Balance Sheet for Mitcorr Cathodic Protection Private Limited was filed with the ROC on 31 Mar 2024.

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