- Udyam number
- UDYAM-TN-02-0066184

About Mi Traders and Services Private Limited
Data last updated:
Mi Traders and Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 25 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52520TN2019PTC127114. Its GSTIN is 33AAMCM3931D1ZP (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹77.24 Lakh. It is led by directors including Rizwan Navabjohn and Ibnu Soud Shahabdeen.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Door No. 2/81 Varasakthi Vinayagar Kovil Street Odama Nagar Vanagaram, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2023, the company reported a revenue of ₹103.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹28.73 Lakh (net margin 0.3%) and EBITDA of ₹42.81 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 287% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MI Trade And Service. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 24 cases involving the company, including 24 filed by the company; 24 cases are pending.
Mi Traders and Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0066184). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mi-ts.in.
Company details
Recognitions & Rankings of Mi Traders and Services
Contact details
Mi Traders and Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mi-ts.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No. 2/81 Varasakthi Vinayagar Kovil Street Odama Nagar Vanagaram, Chennai, Tamil Nadu, India – 600095
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Mi Traders and Services 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
Brands
Mi Traders and Services operates one associated brand: MI Trade And Service. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trading and distribution of agricultural commodities and FMCG products in India. | mi-ts.in |
Business activity
The main business activity of Mi Traders and Services 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 Mi Traders and Services Private Limited, buy the company report.
Financials of Mi Traders and Services Private Limited
FY 2023 filings availableMi Traders and Services Private Limited reported revenue of ₹103.75 Cr (up 214% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 287% over three years, including 214% growth in the latest year. EBITDA rose 53% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹103.75 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹42.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.73 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mi Traders and Services Private Limited, buy the company report.
Board of directors of Mi Traders and Services Private Limited
Mi Traders and Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rizwan Navabjohn Also directs: Mercatorium LLP, Coda Technology Solutions Private Limited, D3 Drug Tech Lab Private Limited and 5 more | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
| Ibnu Soud Shahabdeen Also directs: Mercatorium LLP, Herdsmens Village Private Limited, Coda Technology Solutions Private Limited and 3 more | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
| Naleembukari Mohamedsaleem Also directs: Coda Technology Solutions Private Limited, D3 Drug Tech Lab Private Limited, Mercantile India Exim Hub Private Limited and 5 more | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Mi Traders and Services Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials 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 |
|---|---|---|---|---|---|---|
| Gajmukh Mercantile Private Limited | ₹105.27 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India | |||
| MRP Agro Limited | ₹105.12 Cr (FY 2025) | 142.0% | Tikamgarh, Madhya Pradesh, India | |||
| Trimex Industries Private Limited | ₹105.05 Cr (FY 2025) | -52.0% | Alwarpet, Chennai-18, Tamil Nadu, India | |||
| Mi Traders and Services Private Limitedthis company | ₹103.75 Cr (FY 2023) | ₹28.73 Lakh | 0.3% | 214.0% | 12 | Chennai, Tamil Nadu, India |
| Chemprimo Flourine International Private Limited | ₹101.29 Cr (FY 2025) | -17.0% | Ghaziabad, Uttar Pradesh, India | |||
| Agravanshi Steells Private Limited | ₹101.16 Cr (FY 2025) | -49.0% | Rourkela, Odisha, India |
To see the full peer comparison of Mi Traders and Services Private Limited, buy the company report.
Auditor
Mi Traders and Services Private Limited is audited by Vivekanandan & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vivekanandan & CO | FY 2023 | 015994S |
Shareholding
The shareholding of Mi Traders and Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mi Traders and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100919716 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Mi Traders and Services Private Limited has 24 court cases on record: 24 filed by Mi Traders and Services. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 0 | 24 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The State Tax Officer (St) | Pending |
| Madras High Court | Writ petition | Filed by the company against The State Tax Officer, (St) | Pending |
| Madras High Court | Writ petition | Filed by the company against The State Tax Officer (St) | Pending |
| Madras High Court | Writ petition | Filed by the company against The Assistant Commissioner (St), | Pending |
| Madras High Court | Writ petition | Filed by the company against The State Tax Officer (St) | Pending |
To see the full case history of Mi Traders and Services 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 Mi Traders and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mi Traders and Services Private Limited has a workforce of 12 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mi Traders and Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCM3931D1ZP | Tamil Nadu | Active | 05 Feb 2019 |
| 33AAMCM3931D2ZO | Tamil Nadu | Active | 12 Mar 2020 |
To see the full GST registrations and return filing status of Mi Traders and Services Private Limited, buy the company report.
Recent activity
Mi Traders and Services Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Amirul Islam ceased to be Additional Director on 21 Dec 2020.
Frequently asked questions
Mi Traders and Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 25 January 2019 (7+ years old) and is registered under CIN U52520TN2019PTC127114.
Mi Traders and Services has 3 current directors:
- Rizwan Navabjohn - Director
- Ibnu Soud Shahabdeen - Director
- Naleembukari Mohamedsaleem - Director
The latest financial statements of Mi Traders and Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mi Traders and Services is 33AAMCM3931D1ZP, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAMCM3931D2ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Mi Traders and Services is U52520TN2019PTC127114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mi Traders and Services has 24 court cases on record: 24 filed by the company. 24 are pending.
Mi Traders and Services was incorporated on 25 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mi Traders and Services by revenue are Gajmukh Mercantile Private Limited, MRP Agro Limited, Trimex Industries Private Limited, Chemprimo Flourine International Private Limited, Agravanshi Steells Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Amirul Islam ceased to be Additional Director on 21 Dec 2020. Ibnu Soud Shahabdeen was appointed as Director on 25 Jan 2019. Naleembukari Mohamedsaleem was appointed as Director on 25 Jan 2019. Mi Traders and Services has 4 board changes on record in total.
Yes, Mi Traders and Services is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0066184).
Mi Traders and Services can be reached through the website mi-ts.in. Its registered office is in Chennai, Tamil Nadu, India.

