Mtl New Initiatives Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 5 Year, 2 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%
About Mtl New Initiatives
Mtl New Initiatives Private Limited (MNIPL) is Amalgamated company established on 01 Jan 2020 with its office registered at Bangaluru, Karnataka, India and has been running since 5 Year, 2 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 16 Jan 2025.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25209KA2020PTC131209
- Company No.
131209
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Jan 2020
- Date of AGM
14 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
What products or services does Mtl New Initiatives Private Limited offer?
Mtl New Initiatives Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Reprocessed Plastic Granules.
Mtl New Initiatives Private Limited
Explore comprehensive data for Mtl New Initiatives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mtl New Initiatives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thimmaiah Poovaiah  | Director | 30-May-2022 | Current |
| Venkata Alladi | Director | 21-Feb-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Manjushree Technopack Limited
Thimmaiah Poovaiah is a mutual person
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.
Deals i
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
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
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
Mtl New Initiatives Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.
- Balance Sheet
Mtl New Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- 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 9 months .
- 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 3 years 29 days .
- Company Incorporation
Mtl New Initiatives Private Limited was registered on 01 Jan 2020 with Roc Bangalore & aged 5 years 2 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Mtl New Initiatives Private Limited?
Mtl New Initiatives Private Limited was incorporated on 01 Jan 2020.
What is authorized share capital and paid-up capital of Mtl New Initiatives Private Limited?
The authorized share capital of Mtl New Initiatives Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Mtl New Initiatives Private Limited?
Currently 2 directors are associated with Mtl New Initiatives Private Limited.
- Thimmaiah Napanda Poovaiah
- Venkata Alladi
What is the registered address of Mtl New Initiatives Private Limited?
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.
What is the corporate identification number (CIN) and company number of Mtl New Initiatives Private Limited?
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).
What is the official website of Mtl New Initiatives Private Limited?
The Official website of Mtl New Initiatives Private Limited is https://www.manjushreeindia.com
What has been the recent revenue trend for Mtl New Initiatives Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mtl New Initiatives Private Limited has risen by 38.34%.
How many employees does Mtl New Initiatives Private Limited currently have?
As Per 2023 financial reports, 80 employees are currently employed by Mtl New Initiatives Private Limited.
What change has been observed in the net worth of Mtl New Initiatives Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Mtl New Initiatives Private Limited filed with the ROC?
The most recent Balance Sheet for Mtl New Initiatives Private Limited was filed with the ROC on 31 Mar 2023.
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