Mitc Metals Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.35 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 269.27 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth -89.82%
- Profit Growth -566.83%
- Ebitda 1.08%
- Net Worth -4.80%
- Total Assets -4.14%
About Mitc Metals
Mitc Metals Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 May 2007 and has a history of 17 years and ten months. Its registered office is in Nashik, Maharashtra, India.
The Company is engaged in the Metals And Minerals 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 3.00 Cr and a paid-up capital of Rs 2.35 Cr.
The company currently has active open charges totaling ₹269.27 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chetan Lodaya, Atul Shah, and Champshi Shah serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27310MH2007PTC170497
- Company No.
170497
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 May 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Who are the key members and board of directors at Mitc Metals?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chetan Lodaya  | Director | 19-Oct-2023 | Current |
| Atul Shah | Director | 31-Jul-2023 | Current |
| Champshi Shah | Director | 31-Jul-2023 | Current |
Financial Performance of Mitc Metals.
Mitc Metals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 89.82% decrease. The company also saw a substantial fall in profitability, with a 566.83% decrease in profit. The company's net worth dipped by a decrease of 4.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mitc Metals?
In 2021, Mitc Metals had a promoter holding of 67.71% and a public holding of 32.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Mitc Rolling Mills Private Limited
Chetan Lodaya, Atul Shah and 1 more are mutual person
- Homeshine Properties Llp
Atul Shah is a mutual person
Charges (Loans)
Open Charges
₹269.27 Cr
Satisfied Charges
₹15.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 190.38 Cr
- State Bank Of Travancore : 30.50 Cr
- State Bank Of Tranvacore : 25.00 Cr
- Others : 16.16 Cr
- Dewan Housing Finance Corporation Limited : 7.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2023 | Others | ₹0.50 M | Open |
| 26 May 2015 | Dewan Housing Finance Corporation Limited | ₹7.23 Cr | Open |
| 03 Mar 2014 | Others | ₹16.11 Cr | Open |
| 03 Mar 2014 | State Bank Of Tranvacore | ₹25.00 Cr | Open |
| 23 Dec 2013 | State Bank Of India | ₹103.90 Cr | Open |
How Many Employees Work at Mitc Metals?
Unlock and access historical data on people associated with Mitc Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mitc Metals, 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 Mitc Metals'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 Mitc Metals
Recent activity within the organization
- Annual General Meeting
Mitc Metals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
30 Sep 2024
- Balance Sheet
Mitc Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
31 Mar 2024
- Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100837971 was registered on 11 Dec 2023.
11 Dec 2023
- Director Appointment
Chetan Damji Lodaya was appointed as a Director was appointed as a Director on 19 Oct 2023 & has been associated with this company since 1 year 4 months .
19 Oct 2023
- Director Appointment
Atul Champshi Shah was appointed as a Director was appointed as a Director on 31 Jul 2023 & has been associated with this company since 1 year 7 months .
31 Jul 2023
- Director Appointment
Champshi Manekji Shah was appointed as a Director was appointed as a Director on 31 Jul 2023 & has been associated with this company since 1 year 7 months .
31 Jul 2023
Frequently asked questions
What is the Incorporation or founding date of Mitc Metals Private Limited?
Mitc Metals Private Limited was incorporated on 01 May 2007.
What is authorized share capital and paid-up capital of Mitc Metals Private Limited?
The authorized share capital of Mitc Metals Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.35 Cr.
Who are the current board members & directors of Mitc Metals Private Limited?
Currently 3 directors are associated with Mitc Metals Private Limited.
- Chetan Damji Lodaya
- Atul Champshi Shah
- Champshi Manekji Shah
What is the registered address of Mitc Metals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mitc Metals Private Limited is Plot No. B3 Midc Industrial Area India, Dindori, Maharashtra, 422202.
What is the corporate identification number (CIN) and company number of Mitc Metals Private Limited?
The corporate identification number (CIN) of Mitc Metals Private Limited is U27310MH2007PTC170497 and the company number is 170497 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mitc Metals Private Limited?
The Official website of Mitc Metals Private Limited is https://www.vaishnavcasting.com
What has been the recent revenue trend for Mitc Metals Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Mitc Metals Private Limited has fallen by -89.82%.
What change has been observed in the net worth of Mitc Metals Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Mitc Metals Private Limited has experienced an downturn of -4.80%.
What are the total open charges for Mitc Metals Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Mitc Metals Private Limited amount to ₹ 269.27 Cr.
When was the last Balance Sheet of Mitc Metals Private Limited filed with the ROC?
The most recent Balance Sheet for Mitc Metals Private Limited was filed with the ROC on 31 Mar 2024.
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