Mittal Sect Private Limited

Provides corporate advisory services and manages security offerings and issues for businesses.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Mittal Sect Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 2.35 Cr
  • Revenue Growth -18.99%
  • Profit Growth 103.62%
  • Ebitda -43.07%
  • Net Worth 0.01%
  • Total Assets -30.99%

About Mittal Sect

Mittal Sect Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 1994 and has a history of 30 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹2.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Badal Mittal, Suresh Mittal, and Anil Mittal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1994PTC079069

  • Company No.

    079069

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Badal Mittal Country flag representing In Additional Director 19-Aug-2019 Current
Suresh Mittal Country flag representing In Director 20-Jun-1994 Current
Anil Mittal Country flag representing In Director 02-Dec-2015 Current

Financial Performance of Mittal Sect.

Mittal Securities Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 18.99% decrease. The company also saw a substantial improvement in profitability, with a 103.62% increase in profit. The company's net worth moved up by a moderate rise of 0.01%.

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
-18.99%
Revenue from Operations
-19.45%
Total Assets
-30.99%
Profit or Loss
103.62%
Net Worth
0.01%
EBITDA
-43.07%

What is the Ownership and Shareholding Structure of Mittal Sect?

In 2019, Mittal Sect had a promoter holding of 0.80% and a public holding of 99.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.10 Cr

Satisfied Charges

₹2.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr
  • Indusind Bank Ltd : 0.25 Cr
  • The Dhanalakshmi Bank Ltd : 0.25 Cr
  • The National Co-Op Bank Ltd : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2018 Others ₹5.00 M Open
12 Nov 1999 The Dhanalakshmi Bank Ltd ₹2.50 M Open
25 Mar 1999 The National Co-Op Bank Ltd ₹1.00 M Open
12 Dec 1997 Indusind Bank Ltd ₹2.50 M Open
09 May 2011 Others ₹2.00 Cr Satisfied

How Many Employees Work at Mittal Sect?

Unlock and access historical data on people associated with Mittal Sect, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 09 May 2011 via Charge ID 10288765 with Others was fully satisfied on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 09 May 2011 with Charge ID 10288765 was modified on 06 Oct 2021.

    06 Oct 2021

  • Director Appointment

    Badal Maliram Mittal was appointed as a Additional Director was appointed as a Additional Director on 19 Aug 2019 & has been associated with this company since 5 years 5 months .

    19 Aug 2019

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100220647 was registered on 29 Oct 2018.

    29 Oct 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Mittal Sect Private Limited was incorporated on 20 Jun 1994.

  • The authorized share capital of Mittal Sect Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with Mittal Sect Private Limited.

    • Badal Maliram Mittal
    • Suresh Brahmadutt Mittal
    • Anil Shankarlal Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Sect Private Limited is 171-B Mittal Towernariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Mittal Sect Private Limited is U67120MH1994PTC079069 and the company number is 079069 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mittal Sect Private Limited is https://www.mittal.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Mittal Sect Private Limited has fallen by -18.99%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Mittal Sect Private Limited has experienced an upsurge of 0.01%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Mittal Sect Private Limited amount to ₹ 1.10 Cr.

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

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