Mittal Forgings And Components Private Limited

Manufactures various components for automotive and industrial industries.

2005 | Bhiwadi, Rajasthan (India) | Active
Last Updated: July 06, 2024

Mittal Forgings And Components Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.59 Cr
  • Satisfied Charges ₹ 39.07 Cr
  • Revenue Growth -16.91%
  • Profit Growth -72.00%
  • Ebitda 0.42%
  • Net Worth 0.69%
  • Total Assets -15.41%

About Mittal Forgings And Components

Mittal Forgings And Components Private Limited (MFACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 July 2005 and has a history of 19 years and six months. Its registered office is in Bhiwadi, Rajasthan, India.

The Company is engaged in the Automotive 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 1.50 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹11.59 Cr. The company has closed loans amounting to ₹39.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarun Mittal and Lalita Mittal serve as directors at the Company.

Company Details

  • Location

    Bhiwadi, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310RJ2005PTC021073

  • Company No.

    021073

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Automotive

Who are the key members and board of directors at Mittal Forgings And Components?

Board Members (2)

Name Designation Appointment Date Status
Tarun Mittal Country flag representing In Director 15-Jan-2019 Current
Lalita Mittal Country flag representing In Director 19-Apr-2022 Current

Financial Performance of Mittal Forgings And Components.

Mittal Forgings And Components Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.91% decrease. The company also saw a substantial fall in profitability, with a 72% decrease in profit. The company's net worth moved up by a moderate rise of 0.69%.

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
-16.91%
Revenue from Operations
-16.50%
Total Assets
-15.41%
Profit or Loss
-72.00%
Net Worth
0.69%
EBITDA
0.42%

What is the Ownership and Shareholding Structure of Mittal Forgings And Components?

In 2023, Mittal Forgings And Components had a promoter holding of 80.49% and a public holding of 19.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.59 Cr

Satisfied Charges

₹39.07 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.40 Cr
  • State Bank Of India : 0.90 Cr
  • Others : 0.29 Cr

Latest Charge Details

Date Lender Amount Status
24 Sep 2021 Hdfc Bank Limited ₹10.40 Cr Open
31 Jul 2019 State Bank Of India ₹9.00 M Open
14 Sep 2018 Others ₹0.94 M Open
17 Nov 2017 Others ₹1.95 M Open
05 Mar 2020 Others ₹6.88 Cr Satisfied

How Many Employees Work at Mittal Forgings And Components?

Mittal Forgings And Components has a workforce of 83 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mittal Forgings And Components, 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 Forgings And Components'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 Forgings And Components

Recent activity within the organization

  • Annual General Meeting

    Mittal Forgings And Components Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mittal Forgings And Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.40 Cr registered on 24 Sep 2021 with Charge ID 100490942 was modified on 20 Apr 2022.

    20 Apr 2022

  • Director Appointment

    Lalita Mittal was appointed as a Director was appointed as a Director on 19 Apr 2022 & has been associated with this company since 2 years 9 months .

    19 Apr 2022

  • Charges

    A charge registered on 05 Mar 2020 via Charge ID 100336428 with Others was fully satisfied on 26 Nov 2021.

    26 Nov 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.40 Cr with Charge ID 100490942 was registered on 24 Sep 2021.

    24 Sep 2021

Frequently asked questions

  • Mittal Forgings And Components Private Limited was incorporated on 29 Jul 2005.

  • The authorized share capital of Mittal Forgings And Components Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.10 Cr.

  • Currently 2 directors are associated with Mittal Forgings And Components Private Limited.

    • Tarun Mittal
    • Lalita Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Forgings And Components Private Limited is B-1125 Riico Industrial Area Phase-Iii, Bhiwadi, Rajasthan, India, 301019.

  • The corporate identification number (CIN) of Mittal Forgings And Components Private Limited is U27310RJ2005PTC021073 and the company number is 021073 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mittal Forgings And Components Private Limited is https://www.mittalforging.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mittal Forgings And Components Private Limited has fallen by -16.91%.

  • As Per 2023 financial reports, 83 employees are currently employed by Mittal Forgings And Components Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mittal Forgings And Components Private Limited has experienced an upsurge of 0.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mittal Forgings And Components Private Limited amount to ₹ 11.59 Cr.

  • The most recent Balance Sheet for Mittal Forgings And Components Private Limited was filed with the ROC on 31 Mar 2023.

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