Mittal Clothing Profile
Key Indicators
- Authorised Capital ₹ 1.55 Cr
- Paid Up Capital ₹ 1.51 Cr
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.00 Cr
- Satisfied Charges ₹ 16.27 Cr
- Revenue Growth -42.78%
- Profit Growth -73.96%
- Ebitda -63.49%
- Net Worth 1.61%
- Total Assets -44.27%
About Mittal Clothing
Mittal Clothing Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2008 and has a history of 16 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Fashion And Textile 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 1.55 Cr and a paid-up capital of Rs 1.51 Cr.
The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹16.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vineet Saraogi and Bimal Saraogi serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17303KA2008PTC045546
- Company No.
045546
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Mittal Clothing Private Limited offer?
Mittal Clothing Private Limited offers a wide range of products and services, including Designer Sarees, Fancy Kurti, Designer Kurtis, Fancy Sarees, Ladies Kurti, Cotton Kurti, Wedding Sarees, Plain Cotton Kurti.
Who are the key members and board of directors at Mittal Clothing?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vineet Saraogi  | Director | 10-Mar-2008 | Current |
| Bimal Saraogi | Director | 10-Mar-2008 | Current |
Financial Performance of Mittal Clothing.
Mittal Clothing Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 42.78% decrease. The company also saw a substantial fall in profitability, with a 73.96% decrease in profit. The company's net worth moved up by a moderate rise of 1.61%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Mittal Clothing?
In 2022, Mittal Clothing had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Simpel Techlabs Private Limited
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- Mitnix Ecommerce Private Limited
Vineet Saraogi and Bimal Saraogi are mutual person
- Eksaathi Foundation
Vineet Saraogi and Bimal Saraogi are mutual person
Charges (Loans)
₹7.00 Cr
₹16.27 Cr
Charges Breakdown by Lending Institutions
- Others : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2018 | Others | ₹7.00 Cr | Open |
| 27 Sep 2016 | Others | ₹1.40 M | Satisfied |
| 30 Jun 2014 | Punjab National Bank | ₹1.50 Cr | Satisfied |
| 06 Jun 2014 | Punjab National Bank | ₹2.50 M | Satisfied |
| 31 Oct 2013 | Punjab National Bank | ₹0.44 M | Satisfied |
How Many Employees Work at Mittal Clothing?
Mittal Clothing has a workforce of 36 employees as of Apr 08, 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 Mittal Clothing, 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 Clothing'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.