Mitan Handicrafts Development Private Limited - Company Profile

It is a appreal & fashion private limited company based in Bangalore, Karnataka, India, established in 2008.
2008 Bangalore, Karnataka, India Active
Last Updated:
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About Mitan Handicrafts Development Private Limited

Mitan Handicrafts Development Private Limited, a active private limited company, was established on 11 January 2008 in Bangalore, Karnataka, India. Engaging in leather within the manufacturing sector, it holds CIN: U51909KA2008PTC044919. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.20 M.

It upholds a active non-compliant status. Its leadership includes Gopikrishna Nagaraja Rao (Managing Director), Kamal Kishore (Director). It holds ₹1.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at No.3354 K.R. Road, Banashnakri 2Nd Stage, Bangalore, Karnataka, 560070.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U51909KA2008PTC044919

  • Registration Number

    044919

  • Incorporation Date

    11 January 2008

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 1.50 M
  • Revenue Growth **** -52.80%
  • Profit Growth **** 21.20%
  • Ebitda **** 8.74%
  • Net Worth 9.18%
  • Total Assets -14.29%
Company report

Mitan Handicrafts Development Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mitan Handicrafts Development Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mitan Handicrafts Development Private Limited?
Current Directors
Name Designation Appointment Date Status
Gopikrishna Nagaraja Rao Managing Director 11 Jan 2008 Current
Kamal Kishore Director 11 Jan 2008 Current

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Financial Performance of Mitan Handicrafts Development.

Mitan Handicrafts Development Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 52.8% decrease. The company also saw a substantial improvement in profitability, with a 21.2% increase in profit. The company's net worth moved up by a moderate rise of 9.18%.

Mitan Handicrafts Development revenue growth over time
Mitan Handicrafts Development profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -52.80%
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*******
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Revenue from Operations
*******
 -52.96%
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*******
*******
*******
Total Assets
*******
 -14.29%
*******
*******
*******
*******
Profit or Loss
*******
 21.20%
*******
*******
*******
*******
Net Worth
*******
 9.18%
*******
*******
*******
*******
EBITDA
*******
 8.74%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mitan Handicrafts Development?

In 2017, Mitan Handicrafts Development had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Export-Import Bank Of India : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
07 Feb 2014 Export-Import Bank Of India ₹1.50 M Open

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How Many Employees Work at Mitan Handicrafts Development?

Unlock and access historical data on people associated with Mitan Handicrafts Development, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitan Handicrafts Development, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mitan Handicrafts Development's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mitan Handicrafts Development
Recent Activity within the Organization
  • Annual General Meeting

    Mitan Handicrafts Development Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Mitan Handicrafts Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore. was recorded as a recent event.

  • Charges

    A charge with Export-Import Bank Of India amounted to Rs. 1.50 M with Charge ID 10480507 was registered on 07 Feb 2014. was recorded as a recent event.

  • Director Appointment

    Gopikrishna Nagaraja Rao was appointed as a Managing Director was appointed as a Managing Director on 11 Jan 2008 & has been associated with this company since 18 years 1 month . was recorded as a recent event.

  • Director Appointment

    Kamal Kishore was appointed as a Director was appointed as a Director on 11 Jan 2008 & has been associated with this company since 18 years 1 month . was recorded as a recent event.

  • Company Incorporation

    The activity Mitan Handicrafts Development Private Limited was registered on 11 Jan 2008 with Roc Bangalore & aged 18 years 1 month as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Mitan Handicrafts Development Private Limited?

The CIN of Mitan Handicrafts Development Private Limited is U51909KA2008PTC044919.

Where is Mitan Handicrafts Development Private Limited headquartered?

Mitan Handicrafts Development Private Limited is headquartered at No.3354 K.R. Road, Banashnakri 2Nd Stage, Bangalore, Karnataka, 560070.

When was Mitan Handicrafts Development Private Limited incorporated?

Mitan Handicrafts Development Private Limited was incorporated on 11 January 2008.

Who are the current directors of Mitan Handicrafts Development Private Limited?

The current directors of Mitan Handicrafts Development Private Limited are

What is the primary industry of Mitan Handicrafts Development Private Limited?

The primary industry of Mitan Handicrafts Development Private Limited is Manufacturing.

Is Mitan Handicrafts Development Private Limited a listed company?

Mitan Handicrafts Development Private Limited is unlisted.

What is the capital structure of Mitan Handicrafts Development Private Limited?

The authorized capital of Mitan Handicrafts Development Private Limited is ₹0.50 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Mitan Handicrafts Development Private Limited?

The compliance status of Mitan Handicrafts Development Private Limited is Active Non-Compliant.

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