Mittal Precision Hitech Steels Private Limited

Manufacturer of stainless steel pipes, solar structures, and pre-engineered buildings.

2004 | Pune, Maharashtra (India) | Active
Last Updated: July 03, 2024

Mittal Precision Hitech Steels Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.02 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.75 Cr
  • Revenue Growth 23.95%
  • Profit Growth 68.95%
  • Ebitda 35.46%
  • Net Worth 11.25%
  • Total Assets 56.59%

About Mittal Precision Hitech Steels

Mittal Precision Hitech Steels Private Limited (MPHSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 2004 and has a history of 20 years and two months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Uniforge Engineering Private Limited. The Company is engaged in the Manufacturing 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 7.00 M and a paid-up capital of Rs 6.02 M.

The company currently has active open charges totaling ₹30.75 Cr.

Neeta Mittal, Sunilkumar Mittal, Anilkumar Mittal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vasantgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310PN2004PTC020003

  • Company No.

    020003

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Mittal Precision Hitech Steels Private Limited offer?

Mittal Precision Hitech Steels Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Hollow Sections, Industrial & Metal Fabrication, Shed Fabrication Services, Structural Fabrication, MS Pipe, Beams, Purlins, Frames and Girders, Purlin, Steel Pipes, Welded Pipes.

Who are the key members and board of directors at Mittal Precision Hitech Steels?

Board Members (5)

NameDesignationAppointment DateStatus
Neeta Mittal Country flag representing In Director 01-Jun-2022Current
Sunilkumar Mittal Country flag representing In Director 09-Jul-2008Current
Anilkumar Mittal Country flag representing In Director 09-Jul-2008Current
Premchand Mittal Country flag representing In Director 09-Jul-2008Current
Arun Mittal Country flag representing In Director 09-Jul-2008Current

Financial Performance of Mittal Precision Hitech Steels.

Mittal Precision Hitech Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.95% increase. The company also saw a substantial improvement in profitability, with a 68.95% increase in profit. The company's net worth Soared by an impressive increase of 11.25%.

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
23.95%
Revenue from Operations
23.64%
Total Assets
56.59%
Profit or Loss
68.95%
Net Worth
11.25%
EBITDA
35.46%

What is the Ownership and Shareholding Structure of Mittal Precision Hitech Steels?

In 2023, Mittal Precision Hitech Steels had a promoter holding of 82.58% and a public holding of 17.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹307.48 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.75 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2022Others₹5.00 CrOpen
07 Jun 2012Hdfc Bank Limited₹25.75 CrOpen

How Many Employees Work at Mittal Precision Hitech Steels?

Mittal Precision Hitech Steels has a workforce of 13 employees as of Apr 07, 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 Precision Hitech Steels, 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 Precision Hitech Steels'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 Precision Hitech Steels

Recent activity within the organization

  • Annual General Meeting

    Mittal Precision Hitech Steels 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 Precision Hitech Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 257.48 M registered on 07 Jun 2012 with Charge ID 10361092 was modified on 04 Oct 2022.

    04 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100607981 was registered on 23 Aug 2022.

    23 Aug 2022

  • Director Appointment

    Neeta Anilkumar Mittal was appointed as a Director was appointed as a Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 257.48 M with Charge ID 10361092 was registered on 07 Jun 2012.

    07 Jun 2012

Frequently asked questions

  • Mittal Precision Hitech Steels Private Limited was incorporated on 09 Dec 2004.

  • The authorized share capital of Mittal Precision Hitech Steels Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.02 M.

  • Currently 5 directors are associated with Mittal Precision Hitech Steels Private Limited.

    • Neeta Anilkumar Mittal
    • Sunilkumar Premchand Mittal
    • Anilkumar Premchand Mittal
    • Premchand Ramsarup Mittal
    • Arun Premchand Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Precision Hitech Steels Private Limited is Plot No.44 Sector No.10 Pcntda Bhosari, Pune, Maharashtra, India, 411026.

  • The corporate identification number (CIN) of Mittal Precision Hitech Steels Private Limited is U27310PN2004PTC020003 and the company number is 020003 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mittal Precision Hitech Steels Private Limited is https://www.vasantgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mittal Precision Hitech Steels Private Limited has risen by 23.95%.

  • As Per 2023 financial reports, 13 employees are currently employed by Mittal Precision Hitech Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mittal Precision Hitech Steels Private Limited has experienced an upsurge of 11.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mittal Precision Hitech Steels Private Limited amount to ₹ 30.75 Cr.

  • The most recent Balance Sheet for Mittal Precision Hitech Steels Private Limited was filed with the ROC on 31 Mar 2023.

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