Mit Developments and Holdings Private Limited
About Mit Developments and Holdings Private Limited
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Mit Developments and Holdings Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2005PTC020224.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63 Lakh. It is led by directors including Mit Yogesh Karia and Yogesh Sunderji Karia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.5 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹49.16 Lakh and EBITDA of -₹14.32 Lakh (EBITDA margin -190.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mit Developments and Holdings Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSr. No. 354/2A/12 Plot No 13 Bungalow No 12 Florina Estate Co – Op Hsg Society Ghorpa, Di, Pune, Maharashtra, India – 411049
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mit Developments and Holdings 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 Mit Developments and Holdings is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Mit Developments and Holdings Private Limited
FY 2024 filings availableMit Developments and Holdings Private Limited reported revenue of ₹7.5 Lakh (down 99% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹7.5 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹14.32 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹49.16 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -190.7% | |||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Mit Developments and Holdings Private Limited, buy the company report.
Board of directors of Mit Developments and Holdings Private Limited
Mit Developments and Holdings has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mit Yogesh Karia | Director | 01 Feb 2005 | 21 Years 9 Months | Current |
| Yogesh Sunderji Karia | Director | 01 Feb 2005 | 21 Years 9 Months | Current |
| Raj Girish Karia | Director | 07 Jul 2012 | 14 Years 4 Months | Current |
| Malti Yogesh Karia Also directs: Sophsons Fine Ingredients LLP | Director | 01 Feb 2005 | 21 Years 9 Months | Current |
Auditor
Mit Developments and Holdings Private Limited is audited by M DOUGALL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M DOUGALL & ASSOCIATES | FY 2018 | 102761W |
Shareholding
The shareholding of Mit Developments and Holdings Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mit Developments and Holdings Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mit Developments and Holdings 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 Mit Developments and Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mit Developments and Holdings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mit Developments and Holdings Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Raj Girish Karia ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Mit Developments and Holdings is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 February 2005 (21+ years old) and is registered under CIN U70102PN2005PTC020224.
Mit Developments and Holdings has 4 current directors:
- Mit Yogesh Karia - Director
- Yogesh Sunderji Karia - Director
- Raj Girish Karia - Director
- Malti Yogesh Karia - Director
The latest financial statements of Mit Developments and Holdings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mit Developments and Holdings is U70102PN2005PTC020224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mit Developments and Holdings was incorporated on 01 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Raj Girish Karia ceased to be Additional Director on 29 Sep 2012. Raj Girish Karia was appointed as Director on 07 Jul 2012. Malti Yogesh Karia was appointed as Director on 01 Feb 2005. Mit Developments and Holdings has 5 board changes on record in total.
The registered office of Mit Developments and Holdings is at Sr. No. 3542A12 Plot No 13 Bungalow No 12 Florina Estate Co – Op Hsg Society Ghorpa, Di, Pune, Maharashtra, India – 411049.
Mit Developments and Holdings operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Mit Developments and Holdings is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
Mit Developments and Holdings can be reached at its registered office: Sr. No. 3542A12 Plot No 13 Bungalow No 12 Florina Estate Co – Op Hsg Society Ghorpa, Di, Pune, Maharashtra, India – 411049.
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