Mtl New Initiatives Private Limited Company Logo

Mtl New Initiatives Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 2020.

2020 | Bangalore, Karnataka, India | Amalgamated
Last Updated:

About Mtl New Initiatives Private Limited

Mtl New Initiatives Private Limited, a amalgamated private limited company, was established on 01 January 2020 in Bangalore, Karnataka, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U25209KA2020PTC131209. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Employing 80 professional, Its leadership includes Thimmaiah Napanda Poovaiah (Director), Venkata Alladi (Director). Past directors included Thimmaiah Napanda Poovaiah, Sanjay Digambar Kapote, Venkata Alladi. Its latest AGM occurred on 14 September 2023, with the balance sheet filed on 31 March 2023. It is based at Plot No. 60E & F Bommasandra Ind Area Hosur Road, Bangalore, Karnataka, 560085.

Company Details

  • CIN/LLPIN

    U25209KA2020PTC131209

  • Registration Number

    131209

  • Incorporation Date

    01 January 2020

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 38.34%
  • Profit Growth -114.82%
  • Ebitda -121.62%
  • Net Worth -91.75%
  • Total Assets -3.32%
Company report

Mtl New Initiatives Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mtl New Initiatives Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mtl New Initiatives Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Thimmaiah Napanda PoovaiahDirector30 May 2022Current
Venkata AlladiDirector21 Feb 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector30 May 2022Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector25 Mar 2021Past
Pramod AbcsddAdditional Director27 Sep 2021Past

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Financial Performance of Mtl New Initiatives.

Mtl New Initiatives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.34% increase. The company also saw a substantial fall in profitability, with a 114.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 91.75%.

Mtl New Initiatives revenue growth over time
Mtl New Initiatives 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
38.34%
Revenue from Operations
38.62%
Total Assets
-3.32%
Profit or Loss
-114.82%
Net Worth
-91.75%
EBITDA
-121.62%

What is the Ownership and Shareholding Structure of Mtl New Initiatives?

In 2023, Mtl New Initiatives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Mtl New Initiatives?

Mtl New Initiatives has a workforce of 80 employees as of Mar 21, 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.

Employee growth trends for Mtl New Initiatives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mtl New Initiatives, 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 Mtl New Initiatives's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

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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 Mtl New Initiatives

Recent Activity within the Organization

  • Annual General Meeting

    The activity Mtl New Initiatives Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    Mtl New Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Thimmaiah Napanda Poovaiah was appointed as a Director was appointed as a Director on 30 May 2022 & has been associated with this company since 3 years 6 months . was completed.

  • Director Appointment

    Progress on Venkata Alladi was appointed as a Director was appointed as a Director on 21 Feb 2022 & has been associated with this company since 3 years 9 months . was documented.

  • Company Incorporation

    Progress on Mtl New Initiatives Private Limited was registered on 01 Jan 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Mtl New Initiatives Private Limited?

    The CIN of Mtl New Initiatives Private Limited is U25209KA2020PTC131209.

  • Where is Mtl New Initiatives Private Limited headquartered?

    Mtl New Initiatives Private Limited is headquartered at Plot No. 60E & F Bommasandra Ind Area Hosur Road, Bangalore, Karnataka, 560085.

  • When was Mtl New Initiatives Private Limited incorporated?

    Mtl New Initiatives Private Limited was incorporated on 01 January 2020.

  • Who are the current directors of Mtl New Initiatives Private Limited?

    The current directors of Mtl New Initiatives Private Limited are

  • What is the primary industry of Mtl New Initiatives Private Limited?

    The primary industry of Mtl New Initiatives Private Limited is Manufacturing.

  • Is Mtl New Initiatives Private Limited a listed company?

    Mtl New Initiatives Private Limited is unlisted.

  • What is the capital structure of Mtl New Initiatives Private Limited?

    The authorized capital of Mtl New Initiatives Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

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