Madmit Ventures Private Limited
About Madmit Ventures Private Limited
Data last updated:
Madmit Ventures Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the general merchandise retail segment of the home appliances and consumer durables sector. It was incorporated on 19 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52100OR1989PTC002244. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.96 Lakh. It is led by directors Madan Lal Mittal and Lalita M Mittal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rourkela, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.5 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Lakh (net margin 3.5%) and EBITDA of ₹1.09 Lakh (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹6.65 Lakh and satisfied charges of ₹13.3 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Madmit Ventures has one previous CIN (Corporate Identification Number): U14101OR1989PTC002244. The current CIN is U52100OR1989PTC002244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100OR1989PTC002244 | Current |
| U14101OR1989PTC002244 | Previous |
Contact details
Madmit Ventures Private Limited's registered office is in Rourkela, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.3/1 Plot No. 409/1986 & 409/1976 1st Floor In Front Of Sbi Ghafoor Colo, Ny, Rourkela, Odisha, India – 769012
- IndustryHome Appliances, Non Specialized Stores, Retailers
To see the full contact details of Madmit Ventures 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
Financials of Madmit Ventures Private Limited
FY 2025 filings availableMadmit Ventures Private Limited reported revenue of ₹31.5 Lakh (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 5% fall in the latest year. EBITDA fell 45% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.09 Lakh | ||||
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| Net Profit (PAT) | ₹1.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Madmit Ventures Private Limited, buy the company report.
Board of directors of Madmit Ventures Private Limited
Madmit Ventures has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Lal Mittal | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Lalita M Mittal Also directs: Lams Consultancy LLP | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Madmit Ventures Private Limited is audited by JAGDISH MITTAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH MITTAL & CO. | FY 2017 | 315116E |
Shareholding
The shareholding of Madmit Ventures Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Madmit Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 1999 | 90079643 | State Bank of Indai | ₹6.65 Lakh | Open | |
| 02 May 1990 | 100192835 | State Bank of Indai | ₹6.65 Lakh | Satisfied | |
| 02 May 1990 | 90078976 | State Bank of Indai | ₹6.65 Lakh | Satisfied |
To see the full charge records of Madmit Ventures Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Madmit Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madmit Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madmit Ventures 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 Madmit Ventures Private Limited, buy the company report.
Recent activity
Madmit Ventures Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Lalita M Mittal ceased to be Additional Director on 03 May 2019.
9 earlier events are in the company report.
Frequently asked questions
Madmit Ventures is an active private limited company based in Rourkela, Odisha, India. The company works in non specialized stores, within the home appliances industry. It was incorporated on 19 April 1989 (37+ years old) and is registered under CIN U52100OR1989PTC002244.
Madmit Ventures has 2 current directors:
- Madan Lal Mittal - Director
- Lalita M Mittal - Director
The latest financial statements of Madmit Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Madmit Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Madmit Ventures is U52100OR1989PTC002244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madmit Ventures was incorporated on 19 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Cuttack.
Lalita M Mittal ceased to be Additional Director on 03 May 2019. Madan Lal Mittal ceased to be Additional Director on 03 May 2019. Annu Gupta ceased to be Director on 13 Aug 2018. Madmit Ventures has 10 board changes on record in total.
The registered office of Madmit Ventures is at Office No.31 Plot No. 4091986 & 4091976 1st Floor In Front Of Sbi Ghafoor Colo, Ny, Rourkela, Odisha, India – 769012.
Madmit Ventures operates in the home appliances industry, in the non specialized stores segment.
Madmit Ventures has open charges of ₹6.65 Lakh and satisfied charges of ₹13.3 Lakh as per latest MCA filings.