Mittal Batteries Private Limited

Produces various types of batteries for different applications such as vehicles and solar power.

2007 | Mahabub Nagar, Telangana (India) | Active
Last Updated:

Mittal Batteries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.64 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.02 Cr
  • Satisfied Charges ₹ 25.91 Cr
  • Revenue Growth -38.71%
  • Profit Growth -78.55%
  • Ebitda -109.21%
  • Net Worth 1.84%
  • Total Assets -63.44%

About Mittal Batteries

Mittal Batteries Private Limited (MBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 2007 and has a history of 17 years and seven months. Its registered office is in Mahabub Nagar, Telangana, India.

The Company is engaged in the Consumer Electronics & Durables 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 3.00 Cr and a paid-up capital of Rs 2.64 Cr.

The company currently has active open charges totaling ₹40.02 Cr. The company has closed loans amounting to ₹25.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dinesh Agarwal and Sanjay Mittal serve as directors at the Company.

Company Details

  • Location

    Mahabub Nagar, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2007PTC055721

  • Company No.

    055721

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

What products or services does Mittal Batteries Private Limited offer?

Mittal Batteries Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Automotive Batteries, Industrial Batteries, Heavy Vehicle Battery, Electric Vehicle Battery, Batteries, Solar Batteries, Inverter Batteries.

Company report

Mittal Batteries Private Limited

Explore comprehensive data for Mittal Batteries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mittal Batteries?

Board Members (2)

NameDesignationAppointment DateStatus
Dinesh Agarwal Country flag representing In Director 30-Apr-2021Current
Sanjay Mittal Country flag representing In Director 19-Nov-2018Current

Financial Performance of Mittal Batteries.

Mittal Batteries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.71% decrease. The company also saw a substantial fall in profitability, with a 78.55% decrease in profit. The company's net worth moved up by a moderate rise of 1.84%.

Mittal Batteries revenue growth over time
Mittal Batteries 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
-38.71%
Revenue from Operations
-40.12%
Total Assets
-63.44%
Profit or Loss
-78.55%
Net Worth
1.84%
EBITDA
-109.21%

What is the Ownership and Shareholding Structure of Mittal Batteries?

In 2023, Mittal Batteries 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

₹40.02 Cr

Satisfied Charges

₹25.91 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 40.02 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2023Axis Bank Limited₹0.20 MOpen
27 May 2022Axis Bank Limited₹40.00 CrOpen
23 Oct 2020Others₹1.54 MSatisfied
23 Sep 2020Axis Bank Limited₹15.92 CrSatisfied
31 Aug 2018Yes Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Mittal Batteries?

Mittal Batteries has a workforce of 2 employees as of Mar 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.

Employee growth trends for Mittal Batteries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mittal Batteries, 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 Mittal Batteries'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 Mittal Batteries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mittal Batteries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 27 May 2022 with Charge ID 100594391 was modified on 12 Oct 2023.

  • Charges

    A charge registered on 23 Sep 2020 via Charge ID 100394713 with Axis Bank Limited was fully satisfied on 01 Sep 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100767168 was registered on 07 Aug 2023.

  • Charges

    A charge registered on 23 Oct 2020 via Charge ID 100383544 with Others was fully satisfied on 27 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Mittal Batteries Private Limited?

    Mittal Batteries Private Limited was incorporated on 28 Sep 2007.

  • What is authorized share capital and paid-up capital of Mittal Batteries Private Limited?

    The authorized share capital of Mittal Batteries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.64 Cr.

  • Who are the current board members & directors of Mittal Batteries Private Limited?

    Currently 2 directors are associated with Mittal Batteries Private Limited.

    • Dinesh Agarwal
    • Sanjay Kumar Mittal

  • What is the registered address of Mittal Batteries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Batteries Private Limited is Plot No. 24 Ida India, Kothur, Telangana, 509228.

  • What is the corporate identification number (CIN) and company number of Mittal Batteries Private Limited?

    The corporate identification number (CIN) of Mittal Batteries Private Limited is U74999TG2007PTC055721 and the company number is 055721 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mittal Batteries Private Limited?

    The Official website of Mittal Batteries Private Limited is https://www.massimobatteries.com

  • What has been the recent revenue trend for Mittal Batteries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mittal Batteries Private Limited has fallen by -38.71%.

  • How many employees does Mittal Batteries Private Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Mittal Batteries Private Limited.

  • What change has been observed in the net worth of Mittal Batteries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mittal Batteries Private Limited has experienced an upsurge of 1.84%.

  • What are the total open charges for Mittal Batteries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mittal Batteries Private Limited amount to ₹ 40.02 Cr.

  • When was the last Balance Sheet of Mittal Batteries Private Limited filed with the ROC?

    The most recent Balance Sheet for Mittal Batteries Private Limited was filed with the ROC on 31 Mar 2024.

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