Miti Electronics Private Limited

Medical equipment trading company with a wide range of products and services.

1997 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Miti Electronics Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.91 Cr
  • Satisfied Charges ₹ 3.78 Cr
  • Revenue Growth -1.68%
  • Profit Growth 148.16%
  • Ebitda -104.67%
  • Net Worth 5.05%
  • Total Assets 10.28%

About Miti Electronics

Miti Electronics Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1997 and has a history of 27 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Healthcare 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹5.91 Cr. The company has closed loans amounting to ₹3.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varalakshmi and Gopalakrishnan Raj serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mitie.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909TN1997PTC039326

  • Company No.

    039326

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

What products or services does Miti Electronics Private Limited offer?

Miti Electronics Private Limited offers a wide range of products and services, including Surgical & ICU Equipments, Medical Pumps, Syringe Pump, Diagnostic Medical Imaging Equipment, Doppler Machine, Defibrillators, Electrodiagnostic Instruments, ECG Machine, Medical Equipment & Accessories, ICU Ventilator.

Who are the key members and board of directors at Miti Electronics?

Board Members (2)

Name Designation Appointment Date Status
Varalakshmi Country flag representing In Director 30-Nov-2001 Current
Gopalakrishnan Raj Country flag representing In Director 27-Oct-1997 Current

Financial Performance of Miti Electronics.

Miti Electronics Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.68% decrease. The company also saw a substantial improvement in profitability, with a 148.16% increase in profit. The company's net worth moved up by a moderate rise of 5.05%.

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
-1.68%
Revenue from Operations
1.77%
Total Assets
10.28%
Profit or Loss
148.16%
Net Worth
5.05%
EBITDA
-104.67%

What is the Ownership and Shareholding Structure of Miti Electronics?

In 2019, Miti Electronics 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

₹59.11 M

Satisfied Charges

₹37.79 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 5.73 Cr
  • Others : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
05 Sep 2020 Others ₹1.24 M Open
23 Apr 2020 Others ₹0.60 M Open
21 Jul 2011 Bank Of Baroda ₹9.00 M Open
02 Nov 2006 Bank Of Baroda ₹4.83 Cr Open
28 Apr 2011 Canara Bank ₹1.90 Cr Satisfied

How Many Employees Work at Miti Electronics?

Unlock and access historical data on people associated with Miti Electronics, 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 Miti Electronics, 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 Miti Electronics'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 Miti Electronics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Miti Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.24 M with Charge ID 100385921 was registered on 05 Sep 2020.

    05 Sep 2020

  • Charges

    A charge registered on 28 Apr 2011 via Charge ID 10287022 with Canara Bank was fully satisfied on 22 May 2020.

    22 May 2020

  • Charges

    A charge registered on 24 Jun 2008 via Charge ID 10114521 with Canara Bank was fully satisfied on 22 May 2020.

    22 May 2020

  • Charges

    A charge with Others amounted to Rs. 0.60 M with Charge ID 100385913 was registered on 23 Apr 2020.

    23 Apr 2020

Frequently asked questions

  • Miti Electronics Private Limited was incorporated on 27 Oct 1997.

  • The authorized share capital of Miti Electronics Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Miti Electronics Private Limited.

    • Varalakshmi
    • Gopalakrishnan Vimal Raj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Miti Electronics Private Limited is No.14/11 Madhuram Flats 3Rd Main Road Kannappa Nagar Thiruvanmiyur, India, Chennai, Tamil Nadu, 600041.

  • The corporate identification number (CIN) of Miti Electronics Private Limited is U51909TN1997PTC039326 and the company number is 039326 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Miti Electronics Private Limited is https://www.mitie.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Miti Electronics Private Limited has fallen by -1.68%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Miti Electronics Private Limited has experienced an upsurge of 5.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Miti Electronics Private Limited amount to ₹ 5.91 Cr.

  • The most recent Balance Sheet for Miti Electronics Private Limited was filed with the ROC on 31 Mar 2024.

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