About Mito Sales Private Limited
Data last updated:
Mito Sales Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 February 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2007PTC159348. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Koppula Vidyasagar Reddy and Srinivas Daram.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at G – 2 Jmd House 4378/4B Ansari Road Daryaganj, Delhi, India – 110002.
As per the financials filed for FY 2018, the company reported a revenue of ₹36.9 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹16.47 Lakh (net margin 0.4%) and EBITDA of ₹24.34 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years.
Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
The last known website on record is mitosales.com.
Company details
Contact details
Mito Sales Private Limited's registered office is in Delhi, Delhi. Its website is mitosales.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 2 Jmd House 4378/4B Ansari Road Daryaganj, Delhi, India – 110002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Mito Sales Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mito Sales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mito Sales Private Limited, buy the company report.
Financials of Mito Sales Private Limited
FY 2018 filings availableMito Sales Private Limited reported revenue of ₹36.9 Cr (down 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 78%. EBITDA rose 122% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹24.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹16.47 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.7% | |||
| Net Profit Margin | 0.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Mito Sales Private Limited, buy the company report.
Board of directors of Mito Sales Private Limited
Mito Sales has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Daram | Additional Director | 11 Jan 2019 | 7 Years 9 Months | As last reported |
| Koppula Vidyasagar Reddy | Director | 25 Nov 2016 | 9 Years 11 Months | As last reported |
Peer comparison
Mito Sales Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramshyam Home Tex Private Limited | ₹37.3 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Sanyam Organizers Private Limited | ₹37.26 Cr (FY 2025) | -19.0% | Surat, Gujarat, India | |||
| Namah Fashions Private Limited | ₹37.24 Cr (FY 2019) | -20.0% | Delhi, India | |||
| K G N Exim Private Limited | ₹37.22 Cr (FY 2017) | 7.0% | Mumbai, Maharashtra, India | |||
| Mito Sales Private Limitedthis company | ₹36.9 Cr (FY 2018) | ₹16.47 Lakh | 0.4% | -9.0% | Delhi, India | |
| Savitt Universal Limited | ₹36.87 Cr (FY 2025) | 194.0% | Indore, Madhya Pradesh, India | |||
| SJ Worldtrade Private Limited | ₹36.77 Cr (FY 2024) | -38.0% | Kolkata, West Bengal, India | |||
| J B M Textiles Private Limited | ₹36.47 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mito Sales Private Limited, buy the company report.
Auditor
Mito Sales Private Limited is audited by JAIN DEEPAK AND CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN DEEPAK AND CO | FY 2016 | 010278N |
Shareholding
The shareholding of Mito Sales Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mito Sales Private Limited, buy the company report.
Legal cases
Mito Sales Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Criminal case | Filed against the company by an individual | Pending |
| District court, Hyderabad Central, Telangana | Criminal miscellaneous application | Filed against the company by M/S. State Bank of India, Rep.By T. M. Jayaramudu | Pending |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Mito Sales Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mito Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mito Sales has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mito Sales Private Limited, buy the company report.
Recent activity
Mito Sales Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Lokesh Diguva ceased to be Additional Director on 11 Jan 2019.
3 earlier events are in the company report.
Frequently asked questions
Mito Sales has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mito Sales was a private limited company based in Delhi, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 February 2007 and is registered under CIN U74999DL2007PTC159348. The company has been struck off by the Registrar of Companies and is no longer operational.
Mito Sales had 2 directors:
- Srinivas Daram - Additional Director
- Koppula Vidyasagar Reddy - Director
The CIN (Corporate Identification Number) of Mito Sales is U74999DL2007PTC159348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mito Sales is at G – 2 Jmd House 43784B Ansari Road Daryaganj, Delhi, India – 110002.
Mito Sales was incorporated on 15 February 2007. It is registered with the Registrar of Companies, Delhi.
Mito Sales can be reached through the website mitosales.com. Its registered office is in Delhi, India.
The latest financial statements of Mito Sales on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Mito Sales has 1 GST registration on record and it is cancelled or inactive.
Mito Sales operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Mito Sales by revenue are Ramshyam Home Tex Private Limited, Sanyam Organizers Private Limited, Namah Fashions Private Limited, K G N Exim Private Limited, Savitt Universal Limited and 2 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
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