Mitgart India Ltd

Founded in 1984 and headquartered in Chandigarh, India.

1984 | Chandigarh, Chandigarh (India) | Active
Last Updated:

Mitgart India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.66 Cr
  • Company Age 41 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.87 Cr
  • Satisfied Charges ₹ 2.47 Cr
  • Revenue Growth %
  • Profit Growth -3877.49%
  • Ebitda -3777.49%
  • Net Worth -2.45%
  • Total Assets %

About Mitgart India

Mitgart India Ltd (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 31 January 1984 and has a history of 41 years and three months. Its registered office is in Chandigarh, Chandigarh.

The Company is engaged in the Information Technology 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 2.50 Cr and a paid-up capital of Rs 1.66 Cr.

The company currently has active open charges totaling ₹1.87 Cr. The company has closed loans amounting to ₹2.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sumeet Sidhu, Pawitter Sidhu, Satinder Dhawan, and Three other members serve as directors at the Company.

Company Details

  • Location Chandigarh, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30005CH1984PLC042595

  • Company No.

    042595

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology
Company report

Mitgart India Ltd

Explore comprehensive data for Mitgart India Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mitgart India?

Board Members (6)

NameDesignationAppointment DateStatus
Sumeet Sidhu Country flag representing In Director 16-Mar-2002Current
Pawitter Sidhu Country flag representing Us Director 31-Jan-1984Current
Satinder Dhawan Country flag representing In Director 16-Aug-2016Current
Rajinder Singh Country flag representing In Director 03-Mar-2018Current
Rubina Sidhu Country flag representing In Director 27-Jun-2020Current
Harninder Gill Country flag representing In Director 03-Mar-2018Current

Financial Performance of Mitgart India.

Mitgart India Ltd, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 3877.49% decrease in profit. The company's net worth dipped by a decrease of 2.45%.

Mitgart India revenue growth over time
Mitgart India 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
Revenue from Operations
Total Assets
Profit or Loss
-3877.49%
Net Worth
-2.45%
EBITDA
-3777.49%

What is the Ownership and Shareholding Structure of Mitgart India?

In 2019, Mitgart India had a promoter holding of 79.99% and a public holding of 20.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.87 Cr

Satisfied Charges

₹2.47 Cr

Charges Breakdown by Lending Institutions

  • Ifci Ltd. : 1.35 Cr
  • Icici Bank Ltd. : 0.52 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 1988Icici Bank Ltd.₹5.17 MOpen
04 Aug 1987Ifci Ltd.₹9.00 MOpen
03 Aug 1987Ifci Ltd.₹4.52 MOpen
11 Oct 1990State Bank Of India₹0.85 MSatisfied
02 Aug 1988State Bank Of India₹5.50 MSatisfied

How Many Employees Work at Mitgart India?

Unlock and access historical data on people associated with Mitgart India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mitgart India Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitgart India, 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 Mitgart India'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 Mitgart India

Recent activity within the organization

  • Annual General Meeting

    Mitgart India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mitgart India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Rubina Sidhu was appointed as a Director was appointed as a Director on 27 Jun 2020 & has been associated with this company since 4 years 10 months .

  • Director Appointment

    Rajinder Singh was appointed as a Director was appointed as a Director on 03 Mar 2018 & has been associated with this company since 7 years 2 months .

  • Director Appointment

    Harninder Singh Gill was appointed as a Director was appointed as a Director on 03 Mar 2018 & has been associated with this company since 7 years 2 months .

  • Director Appointment

    Satinder Dhawan was appointed as a Director was appointed as a Director on 16 Aug 2016 & has been associated with this company since 8 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mitgart India Ltd?

    Mitgart India Ltd was incorporated on 31 Jan 1984.

  • What is authorized share capital and paid-up capital of Mitgart India Ltd?

    The authorized share capital of Mitgart India Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 1.66 Cr.

  • Who are the current board members & directors of Mitgart India Ltd?

    Currently 6 directors are associated with Mitgart India Ltd.

    • Sumeet Singh Sidhu
    • Pawitter Singh Sidhu
    • Satinder Dhawan
    • Rajinder Singh
    • Rubina Sidhu
    • Harninder Singh Gill

  • What is the registered address of Mitgart India Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mitgart India Ltd is House No. 54 Sector 8A India, Chandigarh, 160008.

  • What is the corporate identification number (CIN) and company number of Mitgart India Ltd?

    The corporate identification number (CIN) of Mitgart India Ltd is U30005CH1984PLC042595 and the company number is 042595 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Mitgart India Ltd, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Mitgart India Ltd has experienced an downturn of -2.45%.

  • What are the total open charges for Mitgart India Ltd?

    As per the financial statements for fiscal Year 2020, The total open charges for Mitgart India Ltd amount to ₹ 1.87 Cr.

  • When was the last Balance Sheet of Mitgart India Ltd filed with the ROC?

    The most recent Balance Sheet for Mitgart India Ltd was filed with the ROC on 31 Mar 2024.

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