Miter & Miter Engineers Private Limited

Manufacturer of automotive components for major clients, with modern equipment and two manufacturing units.

1985 | Punjab, Punjab (India) | Active
Last Updated:

Miter & Miter Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.42 M
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.61 Cr
  • Satisfied Charges ₹ 32.31 Cr
  • Revenue Growth 36.81%
  • Profit Growth 405.09%
  • Ebitda 55.00%
  • Net Worth 10.13%
  • Total Assets 23.26%

About Miter & Miter Engineers

Miter & Miter Engineers Private Limited (MMEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 October 1985 and has a history of 39 years and four months. Its registered office is in Punjab, Punjab, India.

The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 8.42 M.

The company currently has active open charges totaling ₹9.61 Cr. The company has closed loans amounting to ₹32.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajive Mediratta, Radhika Mitter, and Nishchay Miterr serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33122PB1985PTC006496

  • Company No.

    006496

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1985

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Miter & Miter Engineers Private Limited offer?

Miter & Miter Engineers Private Limited offers a wide range of products and services, including Radiators & Accessories, Radiator Parts, Radiator Fans & Fan Motor, Insecticides and Pesticides, Fungicides, Chisels & Professional Hand Tools, Tool Handles, Radiator Fan Switches.

Company report

Miter & Miter Engineers Private Limited

Explore comprehensive data for Miter & Miter Engineers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Miter & Miter Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Nishchay Miterr Country flag representing In Managing Director10-Dec-2005Current

Board Members (2)

NameDesignationAppointment DateStatus
Rajive Mediratta Country flag representing In Director 01-Aug-2017Current
Radhika Mitter Country flag representing In Whole-Time Director 16-Oct-1985Current

Financial Performance of Miter & Miter Engineers.

Miter & Miter Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.81% increase. The company also saw a substantial improvement in profitability, with a 405.09% increase in profit. The company's net worth Soared by an impressive increase of 10.13%.

Miter & Miter Engineers revenue growth over time
Miter & Miter Engineers 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
36.81%
Revenue from Operations
37.10%
Total Assets
23.26%
Profit or Loss
405.09%
Net Worth
10.13%
EBITDA
55.00%

What is the Ownership and Shareholding Structure of Miter & Miter Engineers?

In 2023, Miter & Miter Engineers 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

₹9.61 Cr

Satisfied Charges

₹32.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.41 Cr
  • Hdfc Bank Limited : 3.20 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2023Hdfc Bank Limited₹3.20 CrOpen
06 Mar 2023Others₹9.10 MOpen
30 Jun 2022Others₹4.95 CrOpen
30 Jun 2022Others₹5.50 MOpen
16 Oct 2017Axis Bank Limited₹7.38 CrSatisfied

How Many Employees Work at Miter & Miter Engineers?

Miter & Miter Engineers has a workforce of 81 employees as of Apr 06, 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 Miter & Miter Engineers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miter & Miter Engineers, 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 Miter & Miter Engineers'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 Miter & Miter Engineers

Recent activity within the organization

  • Annual General Meeting

    Miter & Miter Engineers Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.20 Cr with Charge ID 100750542 was registered on 28 Jun 2023.

  • Balance Sheet

    Miter & Miter Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 0.91 Cr with Charge ID 100711054 was registered on 06 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 4.95 Cr with Charge ID 100600493 was registered on 30 Jun 2022.

  • Charges

    A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100600495 was registered on 30 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Miter & Miter Engineers Private Limited?

    Miter & Miter Engineers Private Limited was incorporated on 16 Oct 1985.

  • What is authorized share capital and paid-up capital of Miter & Miter Engineers Private Limited?

    The authorized share capital of Miter & Miter Engineers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.42 M.

  • Who are the current board members & directors of Miter & Miter Engineers Private Limited?

    Currently 3 directors are associated with Miter & Miter Engineers Private Limited.

    • Rajive Mediratta
    • Radhika Navneet Mitter
    • Nishchay Miterr
  • What is the registered address of Miter & Miter Engineers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Miter & Miter Engineers Private Limited is # 9Cantonment Amritsar, Punjab, India, 143001.

  • What is the corporate identification number (CIN) and company number of Miter & Miter Engineers Private Limited?

    The corporate identification number (CIN) of Miter & Miter Engineers Private Limited is U33122PB1985PTC006496 and the company number is 006496 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Miter & Miter Engineers Private Limited?

    The Official website of Miter & Miter Engineers Private Limited is https://www.miterrgroup.co.in

  • What has been the recent revenue trend for Miter & Miter Engineers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Miter & Miter Engineers Private Limited has risen by 36.81%.

  • How many employees does Miter & Miter Engineers Private Limited currently have?

    As Per 2023 financial reports, 81 employees are currently employed by Miter & Miter Engineers Private Limited.

  • What change has been observed in the net worth of Miter & Miter Engineers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Miter & Miter Engineers Private Limited has experienced an upsurge of 10.13%.

  • What are the total open charges for Miter & Miter Engineers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Miter & Miter Engineers Private Limited amount to ₹ 9.61 Cr.

  • When was the last Balance Sheet of Miter & Miter Engineers Private Limited filed with the ROC?

    The most recent Balance Sheet for Miter & Miter Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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