Mithila Packtech Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.04 Cr
- Company Age 36 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.50 Cr
- Satisfied Charges ₹ 45.03 Cr
- Revenue Growth 5.74%
- Profit Growth 8.56%
- Ebitda -62.77%
- Net Worth 6.08%
- Total Assets -7.32%
About Mithila Packtech
Mithila Packtech Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1988 and has a history of 36 years and four months. Its registered office is in Patna, Bihar, India.
The Corporate was formerly known as Mithila Plywood Private Limited. The Company is engaged in the Manufacturing 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 Cr and a paid-up capital of Rs 2.04 Cr.
The company currently has active open charges totaling ₹34.50 Cr. The company has closed loans amounting to ₹45.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ayush Agrawal, Ashok Agrawal, and Ranjana Agrawal serve as directors at the Company.
Company Details
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Location
Patna, Bihar, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U20210BR1988PTC003130
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Company No.
003130
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Sep 1988
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Date of AGM
31 Dec 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Patna
Industry
What products or services does Mithila Packtech Private Limited offer?
Mithila Packtech Private Limited offers a wide range of products and services, including Woven Bags, PP Woven Bags, Bulk Bags & Sacks, Jumbo Bags, FIBC Bags, Woven Sacks, PP Sugar Bag, Plastic Jumbo Bag, Polypropylene Woven Fabric.
Who are the key members and board of directors at Mithila Packtech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ayush Agrawal
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Director | 01-Oct-2012 | Current |
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Ashok Agrawal
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Director | 16-Nov-2001 | Current |
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Ranjana Agrawal
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Director | Current |
Financial Performance of Mithila Packtech.
Mithila Packtech Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.74% increase. The company also saw a slight improvement in profitability, with a 8.56% increase in profit. The company's net worth moved up by a moderate rise of 6.08%.
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What is the Ownership and Shareholding Structure of Mithila Packtech?
In 2023, Mithila Packtech had a promoter holding of 44.64% and a public holding of 55.37%. 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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Vinayak Polytex Private LimitedAyush Agrawal and Ashok Agrawal are mutual person
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Principle Tie-Up Private Limited
Ayush Agrawal and Ashok Agrawal are mutual person
Charges (Loans)
₹34.50 Cr
₹45.03 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 30.50 Cr
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 2021 | State Bank Of India | ₹30.50 Cr | Open |
| 23 Oct 2018 | Others | ₹4.00 Cr | Open |
| 11 Oct 2021 | State Bank Of India | ₹5.00 Cr | Satisfied |
| 08 Jul 2020 | Indian Bank | ₹3.50 Cr | Satisfied |
| 07 Sep 2013 | Allahabad Bank | ₹8.55 Cr | Satisfied |
How Many Employees Work at Mithila Packtech?
Mithila Packtech has a workforce of 496 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mithila Packtech, 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 Mithila Packtech'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
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.
