Mitul India Private Limited

Manufacturer of precision engineering components and machinery for textiles, established in 1992.

1992 | Jaipur, Rajasthan (India) | Active
Last Updated: December 18, 2024

Mitul India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.29 M
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.75 M
  • Revenue Growth 37.06%
  • Profit Growth 44.26%
  • Ebitda -18.80%
  • Net Worth 15.94%
  • Total Assets 6.96%

About Mitul India

Mitul India Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 1992 and has a history of 32 years and seven months. Its registered office is in Jaipur, Rajasthan, India.

The Corporate was formerly known as Mitul Bearings Private Limited. The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.29 M.

The company currently has active open charges totaling ₹9.75 M.

Anil Salecha, Arihant Salecha, Mamuli Salecha, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999RJ1992PTC006793

  • Company No.

    006793

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

Who are the key members and board of directors at Mitul India?

Board Members (4)

Name Designation Appointment Date Status
Arihant Salecha Country flag representing In Director 29-Nov-2014 Current
Anil Salecha Country flag representing In Director 17-Jun-1992 Current
Mamuli Salecha Country flag representing In Director 27-Jun-1997 Current
Smita Salecha Country flag representing In Director 01-Apr-2000 Current

Financial Performance of Mitul India.

Mitul India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.06% increase. The company also saw a substantial improvement in profitability, with a 44.26% increase in profit. The company's net worth Soared by an impressive increase of 15.94%.

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
37.06%
Revenue from Operations
36.90%
Total Assets
6.96%
Profit or Loss
44.26%
Net Worth
15.94%
EBITDA
-18.80%

What is the Ownership and Shareholding Structure of Mitul India?

In 2020, Mitul India had a promoter holding of 99.31% and a public holding of 0.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.75 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.98 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2011 Vijaya Bank ₹9.00 M Open
10 May 2000 Vijaya Bank ₹0.75 M Open

How Many Employees Work at Mitul India?

Unlock and access historical data on people associated with Mitul India, 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 Mitul India, 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 Mitul India'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 Mitul India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mitul India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Vijaya Bank of Rs. 9.00 M registered on 16 Feb 2011 with Charge ID 10272777 was modified on 26 Feb 2018.

    26 Feb 2018

  • Director Appointment

    Arihant Salecha was appointed as a Director was appointed as a Director on 29 Nov 2014 & has been associated with this company since 10 years 2 months .

    29 Nov 2014

  • Charges

    A charge with Vijaya Bank amounted to Rs. 9.00 M with Charge ID 10272777 was registered on 16 Feb 2011.

    16 Feb 2011

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.75 M with Charge ID 90073031 was registered on 10 May 2000.

    10 May 2000

Frequently asked questions

  • Mitul India Private Limited was incorporated on 17 Jun 1992.

  • The authorized share capital of Mitul India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.29 M.

  • Currently 4 directors are associated with Mitul India Private Limited.

    • Anil Salecha
    • Arihant Salecha
    • Mamuli Mahavirchand Salecha
    • Smita Salecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mitul India Private Limited is G 185-186 Riico Industrial Area, Mansarover India, Jaipur, Rajasthan, 302020.

  • The corporate identification number (CIN) of Mitul India Private Limited is U74999RJ1992PTC006793 and the company number is 006793 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mitul India Private Limited has risen by 37.06%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mitul India Private Limited has experienced an upsurge of 15.94%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mitul India Private Limited amount to ₹ 9.75 M.

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

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