Mittal Corp Profile
Key Indicators
- Authorised Capital ₹ 1,440.91 Cr
- Paid Up Capital ₹ 1,233.76 Cr
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 2,518.29 Cr
- Revenue Growth -87.67%
- Profit Growth 23.38%
- Ebitda 43.72%
- Net Worth -2.80%
- Total Assets -13.49%
About Mittal Corp
Mittal Corp Limited (MCL) is Amalgamated company established on 05 Jul 1985 with its office registered at Mumbai, Maharashtra, India and has been running since 39 Year, 10 Months with a paid up capital of 1,233.76 Cr. According to MCA records, 3 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27106MH1985PLC169768
- Company No.
169768
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jul 1985
- Date of AGM
30 Sep 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
What products or services does Mittal Corp Limited offer?
Mittal Corp Limited offers a wide range of products and services, including Environment Protection & Auditing, Environment Protection Services, Steel Rods, Wire Rods, TMT Bars, TATA TMT Bars, Steel Bars, Flat Bars, Steel Products, Steel Billets.
Mittal Corp Limited
Explore comprehensive data for Mittal Corp Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mittal Corp?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Megha Neema  | Company Secretary | 16-Sep-2020 | Current |
| Mr Jain | CFO | 01-Sep-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sheetij Agarwal | Director | 31-Oct-2023 | Current |
| Bikram Munka | Director | 31-Oct-2023 | Current |
| Sanjay Agarwal | Director | 31-Oct-2023 | Current |
Financial Performance of Mittal Corp.
Mittal Corp Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 87.67% decrease. The company also saw a substantial improvement in profitability, with a 23.38% increase in profit. The company's net worth dipped by a decrease of 2.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mittal Corp?
In 2021, Mittal Corp had a promoter holding of 34.04% and a public holding of 65.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shyam Metalics And Energy LimitedSheetij Agarwal and Sanjay Agarwal are mutual person
- Shyam Sel And Power Limited
Bikram Munka and Sanjay Agarwal are mutual person
- Shyam Energy Limited
Sanjay Agarwal is a mutual person
Madhya Pradesh Today Media LimitedMegha Neema is a mutual person
Shyam Metalics Flat Product Private LimitedSheetij Agarwal and Sanjay Agarwal are mutual person
- Ss Alufoils Private Limited
Sheetij Agarwal and Bikram Munka are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2,518.29 Cr
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 1880.36 Cr
- State Bank Of India : 260.00 Cr
- Icici Bank Limited : 108.00 Cr
- Others : 58.68 Cr
- Idbi Bank Limited : 52.15 Cr
- Others : 159.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2015 | Oriental Bank Of Commerce | ₹57.65 Cr | Satisfied |
| 30 Mar 2015 | Oriental Bank Of Commerce | ₹111.65 Cr | Satisfied |
| 30 Mar 2015 | Others | ₹58.68 Cr | Satisfied |
| 01 Oct 2014 | Oriental Bank Of Commerce | ₹66.00 Cr | Satisfied |
| 06 Sep 2014 | Bank Of Maharashtra | ₹30.00 Cr | Satisfied |
How Many Employees Work at Mittal Corp?
Mittal Corp has a workforce of 11 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 Corp, 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 Corp'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.
Latest Updates, News, and FAQs on Mittal Corp
Recent activity within the organization
- Director Appointment
Sheetij Agarwal was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Bikram Munka was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Sanjay Kumar Agarwal was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge registered on 30 Mar 2015 via Charge ID 10563772 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023.
- Charges
A charge registered on 30 Mar 2015 via Charge ID 10563775 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2023.
- Charges
A charge registered on 30 Mar 2015 via Charge ID 10563780 with Others was fully satisfied on 30 Oct 2023.
Recent News, Updates & Announcement
Shyam Metalics arm gets NCLT nod to acquire Mittal Corp.The Indian bankruptcy court has approved the acquisition of steel maker Mittal Corp Ltd by Shyam Metalics and Energy Ltd. The successful bidder, Shyam Sel and Power Ltd, will pay Rs 351 crore, resulting in a 20% recovery for all creditors. The financial creditors' claim of Rs 1,587 crore will receive Rs 348.7 crore. The lenders had previously approved the revival plan with 100% voting in favor of Shyam Sel and Power. .
- NCLAT dismisses Jindal Stainless plea over Mittal Corp, asks to approach NCLT.
A two-member NCLAT bench observed the lenders of Mittal Corp were empowered to issue fresh RFRP when none of the resolution plans had been approved by the committee of creditors (CoC). NCLAT said issues raised by Jindal Stainless subsequent to February 10, 2023, when RFRP was issued, need no consideration..
Frequently asked questions
What is the Incorporation or founding date of Mittal Corp Limited?
Mittal Corp Limited was incorporated on 05 Jul 1985.
What is authorized share capital and paid-up capital of Mittal Corp Limited?
The authorized share capital of Mittal Corp Limited is ₹ 1,440.91 Cr and paid-up capital is ₹ 1,233.76 Cr.
Who are the current board members & directors of Mittal Corp Limited?
Currently 5 directors are associated with Mittal Corp Limited.
- Megha Neema
- Mr Mahendara Jain
- Sheetij Agarwal
- Bikram Munka
- Sanjay Kumar Agarwal
What is the registered address of Mittal Corp Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Corp Limited is Wework Vaswani Chambers 2Nd Floor 264-265 Dr Annie Besant Rd Municipal Colony Worli Shivaji Nagar, India, Mumbai, Maharashtra, 400030.
What is the corporate identification number (CIN) and company number of Mittal Corp Limited?
The corporate identification number (CIN) of Mittal Corp Limited is U27106MH1985PLC169768 and the company number is 169768 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mittal Corp Limited?
The Official website of Mittal Corp Limited is https://www.mittalcorp.net
What has been the recent revenue trend for Mittal Corp Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Mittal Corp Limited has fallen by -87.67%.
How many employees does Mittal Corp Limited currently have?
As Per 2021 financial reports, 11 employees are currently employed by Mittal Corp Limited.
What change has been observed in the net worth of Mittal Corp Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Mittal Corp Limited has experienced an downturn of -2.80%.
When was the last Balance Sheet of Mittal Corp Limited filed with the ROC?
The most recent Balance Sheet for Mittal Corp Limited was filed with the ROC on 31 Mar 2021.
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