Mtl New Initiatives Private Limited logo

Mtl New Initiatives Private Limited

Produces plastic products and polymers for packaging, including HDPE and PP granules and pipes.
2020 | Bangalore, Karnataka (India) | Merged

Last Updated:

October 29, 2024
HomeCompanyMtl New Initiatives Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Thimmaiah Poovaiah In Director 30-May-2022Current
Venkata Alladi In Director 21-Feb-2022Current

Financial Performance and Corporate Structure Insights 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%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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 Graph

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Latest Updates, News, and FAQs on Mtl New Initiatives

Recent activity within the organization

  • Annual General Meeting

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

    14 Sep 2023

  • Balance Sheet

    Mtl New Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Thimmaiah Napanda Poovaiah was appointed as a Director was appointed as a Director on 30 May 2022 & has been associated with this company since 2 years 6 months .

    30 May 2022

  • Director Appointment

    Venkata Alladi was appointed as a Director was appointed as a Director on 21 Feb 2022 & has been associated with this company since 2 years 9 months .

    21 Feb 2022

  • Company Incorporation

    Mtl New Initiatives Private Limited was registered on 01 Jan 2020 with Roc Bangalore & aged 4 years 11 months as per MCA records.

    01 Jan 2020

Frequently asked questions

  • Mtl New Initiatives Private Limited was incorporated on 01 Jan 2020.

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

  • Currently 2 directors are associated with Mtl New Initiatives Private Limited.

    • Thimmaiah Napanda Poovaiah
    • Venkata Alladi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mtl New Initiatives Private Limited is Plot No. 60E F Bommasandra Ind Area Hosur Road India, Bangalore, Karnataka, 560085.

  • The corporate identification number (CIN) of Mtl New Initiatives Private Limited is U25209KA2020PTC131209 and the company number is 131209 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mtl New Initiatives Private Limited is https://www.manjushreeindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mtl New Initiatives Private Limited has risen by 38.34%.

  • As Per 2023 financial reports, 80 employees are currently employed by Mtl New Initiatives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mtl New Initiatives Private Limited has experienced an downturn of -91.75%.

  • The most recent Balance Sheet for Mtl New Initiatives Private Limited was filed with the ROC on 31 Mar 2023.

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