About Mittal Corp
Mittal Corp is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1985, and was acquired by Shyam Metalics in December 2022. Stainless steel rebars are manufactured in Mumbai, India. The company has 11 employees. Its Indian entity Mittal Corp Limited reported revenue of ₹36.38 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Mittal was founded in 1985 and is based in Mumbai, India. Stainless steel rebars are produced by the company within the manufacturing sector. Operations focus on fabrication and supply for construction applications. The firm is owned by Ashok Patel, with activities centered in the Indian market. Domain access is provided through mittalcorp.net for business inquiries.
- Headquarters Mumbai, India
- Employees 11
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website mittalcorp.net
- Social LinkedIn X
- Acquired by Shyam Metalics (Dec 2022)
- Legal Name Mittal Corp Limited
- Date of Incorporation 05 Jul, 1985
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹36.38 Cr
FY 2021 · -88% YoY
- Net Loss-₹19.79 Cr
FY 2021 · -54% margin
- EBITDA-₹5.49 Cr
FY 2021 · -15% margin
- Investors
- Employee Count11
- Acquired byShyam Metalics
(Dec 2022)
Associated legal entities of Mittal Corp
Mittal Corp operates through Mittal Corp Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mittal Corp Limited CIN U27106MH1985PLC169768 | Amalgamated | 05 Jul 1985 | Mumbai, Maharashtra | ₹36.4 Cr | 11 | 5 | View details |
Investors in Mittal Corp
Mittal Corp has secured backing from 1 investor. Prominent investors backing the company include Shyam Metalics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Ferro alloys and steel products are manufactured by Shyam Metalics. | 1991 | shyammetalics.com | Kolkata, India |
Investor details for Mittal Corp
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Board of directors of Mittal Corp Limited (Mittal Corp)
Mittal Corp Limited is the primary company behind Mittal Corp. The board of Mittal Corp Limited currently have 3 directors; the longest-serving is Sheetij Agarwal, appointed in 2023. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sheetij Agarwal DIN 08212992 | Director | 31 Oct 2023 | 2 yrs 11 mo | Mittal Corp Limited |
| Bikram Munka DIN 02705232 | Director | 31 Oct 2023 | 2 yrs 11 mo | Mittal Corp Limited |
| Sanjay Kumar Agarwal DIN 00232938 | Director | 31 Oct 2023 | 2 yrs 11 mo | Mittal Corp Limited |
People of Mittal Corp
1 people are tracked at Mittal Corp (1 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Ashok Patel | Owner | Leadership |
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Financials of Mittal Corp
Figures of Mittal Corp Limited, the primary company behind Mittal Corp, for FY 2021. Revenue was ₹36.38 Cr (-88% year on year). Net loss was -₹19.79 Cr (-54% margin). EBITDA was -₹5.49 Cr (-15% margin).
- ₹36.38 CrRevenue · FY 2021 · -88% YoY
- -₹19.79 CrNet loss · -54% margin
- -₹5.49 CrEBITDA · -15% margin
- ₹1,234 CrPaid-up capital
- 11Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Mittal Corp Limited are on its company page.
Detailed financial statements for Mittal Corp
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Timeline of Mittal Corp
2 dated milestones of Mittal Corp across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Mittal Corp is founded.
- Exit Acquired by Shyam Metalics.
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Mittal Corp (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Mittal Corp
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Frequently Asked Questions about Mittal Corp
Mittal Corp was founded in 1985.
Mittal Corp is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mittal Corp has 11 employees.
The primary company behind Mittal Corp, Mittal Corp Limited, reported revenue of ₹36.38 Cr for FY 2021, down 88% year on year.
Mittal was founded in 1985 and is based in Mumbai, India. Stainless steel rebars are produced by the company within the manufacturing sector. Operations focus on fabrication and supply for construction applications. The firm is owned by Ashok Patel, with activities centered in the Indian market. Domain access is provided through mittalcorp.net for business inquiries.
Mittal Corp has 1 investor. Key investors include Shyam Metalics.
Mittal Corp operates through Mittal Corp Limited.
Yes. Mittal Corp was acquired by Shyam Metalics in December 2022.
The legal entities of Mittal Corp currently have 5 directors, including Sheetij Agarwal, Mr. Mahendara Jain, Bikram Munka and others.