Mits Healthcare Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.00 Cr
- Revenue Growth -11.07%
- Profit Growth 13.45%
- Ebitda 15.49%
- Net Worth 24.72%
- Total Assets 34.92%
About Mits Healthcare
Mits Healthcare Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2010 and has a history of 14 years and eight months. Its registered office is in Muzaffarnagar, Uttar Pradesh, India.
The Company is engaged in the Pharma 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 5.00 M.
The company currently has active open charges totaling ₹7.00 Cr.
Mithoon Bhatia, Shilpa Chandel, Bilal Ahamad, and Two other members serve as directors at the Company.
Company Details
-
Location
Muzaffarnagar, Uttar Pradesh, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U74999UP2010PTC040798
-
Company No.
040798
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
28 May 2010
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Kanpur
Industry
What products or services does Mits Healthcare Private Limited offer?
Mits Healthcare Private Limited offers a wide range of products and services, including Common Disease Medicines, Pharmaceutical Tablets, Cardiovascular Drugs & Medication, Cardiac Drugs, Sexual Wellness Products, Contraceptives, Kidney Drugs, Anti Infective Drugs & Medicines, Antiviral Drugs, Digestive System Drugs & Medicines.
Who are the key members and board of directors at Mits Healthcare?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shilpa Chandel
|
Additional Director | 02-Dec-2021 | Current |
|
Mithoon Bhatia
|
Director | 28-May-2010 | Current |
|
Bilal Ahamad
|
Additional Director | 02-Dec-2021 | Current |
|
Neha Rani
|
Additional Director | 02-Dec-2021 | Current |
|
Aakriti Raina
|
Additional Director | 15-Jul-2024 | Current |
Financial Performance of Mits Healthcare.
Mits Healthcare Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.07% decrease. The company also saw a substantial improvement in profitability, with a 13.45% increase in profit. The company's net worth Soared by an impressive increase of 24.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mits Healthcare?
In 2023, Mits Healthcare had a promoter holding of 83.10% and a public holding of 16.90%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Shinepro Life Sciences Private LimitedMithoon Bhatia, Shilpa Chandel and 1 more are mutual person
-
Mits Life Sciences Private LimitedMithoon Bhatia and Bilal Ahamad are mutual person
-
Zubikind Lifesciences Private LimitedMithoon Bhatia and Shilpa Chandel are mutual person
-
Spira Lifesciences Private Limited
Mithoon Bhatia and Shilpa Chandel are mutual person
-
Mits Spectra Life Care Private Limited
Mithoon Bhatia and Shilpa Chandel are mutual person
-
Mits Natura Limited
Mithoon Bhatia and Shilpa Chandel are mutual person
Charges (Loans)
₹7.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 3.26 Cr
- Hdfc Bank Limited : 3.21 Cr
- Idbi Bank Limited : 0.41 Cr
- Corporation Bank : 0.08 Cr
- Punjab National Bank : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2023 | Hdfc Bank Limited | ₹3.20 M | Open |
| 10 Oct 2023 | Hdfc Bank Limited | ₹2.40 M | Open |
| 27 Jun 2023 | Hdfc Bank Limited | ₹5.68 M | Open |
| 08 Jun 2023 | Hdfc Bank Limited | ₹0.86 M | Open |
| 27 Oct 2022 | Canara Bank | ₹2.58 Cr | Open |
How Many Employees Work at Mits Healthcare?
Mits Healthcare has a workforce of 31 employees as of Oct 22, 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 Mits Healthcare, 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 Mits Healthcare'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.
