Mitc Rolling Mills Private Limited Company Logo

Mitc Rolling Mills Private Limited - Company Profile

It is a metals and minerals private limited company based in Nashik, Maharashtra, India, established in 1985.

1985 | Nashik, Maharashtra, India | Active
Last Updated:

About Mitc Rolling Mills Private Limited

Mitc Rolling Mills Private Limited, a active private limited company, was established on 26 April 1985 in Nashik, Maharashtra, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U51420MH1985PTC036042. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹22.00 Cr and a paid-up capital of ₹20.75 Cr.

Formerly known as New Bombay Ispat Udyog Private Limited. It upholds a compliant status. Employing 350 professional, Its leadership includes Champshi Manekji Shah (Director), Atul Champshi Shah (Director), Chetan Damji Lodaya (Director). Past directors included Jasmini Atul Shah, Mandira Matkar, Payal Agarwal. It holds ₹60.00 Cr open charges and ₹535.47 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-2/2 M I D Cpalkhed Road Dindori, Nashik, Maharashtra, 422202.

Company Details

  • CIN/LLPIN

    U51420MH1985PTC036042

  • Registration Number

    036042

  • Incorporation Date

    26 April 1985

  • Authorized Capital

    ₹22.00 Cr

  • Paid-Up Capital

    ₹20.75 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 20.75 Cr
  • Company Age 40 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 60.00 Cr
  • Satisfied Charges ₹ 535.47 Cr
  • Revenue Growth 28.56%
  • Profit Growth 37.83%
  • Ebitda 4.30%
  • Net Worth 13.26%
  • Total Assets 25.29%
Company report

Mitc Rolling Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mitc Rolling Mills 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 Mitc Rolling Mills Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Champshi Manekji ShahDirector12 Jun 1999Current
Atul Champshi ShahDirector12 Jun 1999Current
Chetan Damji LodayaDirector01 Dec 2004Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Nov 2010Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary17 Jul 2020Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Mitc Rolling Mills.

Mitc Rolling Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.56% increase. The company also saw a substantial improvement in profitability, with a 37.83% increase in profit. The company's net worth Soared by an impressive increase of 13.26%.

Mitc Rolling Mills revenue growth over time
Mitc Rolling Mills profit and loss trends over time
  • 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
28.56%
Revenue from Operations
28.23%
Total Assets
25.29%
Profit or Loss
37.83%
Net Worth
13.26%
EBITDA
4.30%

What is the Ownership and Shareholding Structure of Mitc Rolling Mills?

In 2023, Mitc Rolling Mills had a promoter holding of 94.95% and a public holding of 5.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹600,000,000.00

Satisfied Charges

₹5,354,700,000.00

Charges Breakdown by Lending Institutions

  • Canara Bank : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2001Canara Bank₹60.00 CrOpen
21 Dec 2015Canara Bank₹209.00 CrSatisfied
21 Dec 2015Canara Bank₹209.00 CrSatisfied
21 Dec 2015Punjab National Bank₹99.00 CrSatisfied
28 Mar 2001Canara Bank₹9.50 MSatisfied

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How Many Employees Work at Mitc Rolling Mills?

Mitc Rolling Mills has a workforce of 350 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mitc Rolling Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitc Rolling Mills, 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 Mitc Rolling Mills'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.

Latest Updates, News, and FAQs on Mitc Rolling Mills

Recent Activity within the Organization

  • Annual General Meeting

    Mitc Rolling Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Mitc Rolling Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    The activity A charge registered on 21 Dec 2015 via Charge ID 10613722 with Punjab National Bank was fully satisfied on 21 Dec 2023. was completed.

  • Charges

    Progress on A charge registered on 21 Dec 2015 via Charge ID 10615563 with Canara Bank was fully satisfied on 13 Dec 2023. was documented.

  • Charges

    The activity A charge registered on 21 Dec 2015 via Charge ID 10615559 with Canara Bank was fully satisfied on 13 Dec 2023. was completed.

  • Charges

    A charge with Canara Bank of Rs. 60.00 Cr registered on 28 Mar 2001 with Charge ID 80008597 was modified on 27 Feb 2019. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Mitc Rolling Mills Private Limited?

    The CIN of Mitc Rolling Mills Private Limited is U51420MH1985PTC036042.

  • Where is Mitc Rolling Mills Private Limited headquartered?

    Mitc Rolling Mills Private Limited is headquartered at B-2/2 M I D Cpalkhed Road Dindori, Nashik, Maharashtra, 422202.

  • When was Mitc Rolling Mills Private Limited incorporated?

    Mitc Rolling Mills Private Limited was incorporated on 26 April 1985.

  • Who are the current directors of Mitc Rolling Mills Private Limited?

    The current directors of Mitc Rolling Mills Private Limited are

  • What is the primary industry of Mitc Rolling Mills Private Limited?

    The primary industry of Mitc Rolling Mills Private Limited is Manufacturing.

  • Is Mitc Rolling Mills Private Limited a listed company?

    Mitc Rolling Mills Private Limited is unlisted.

  • What is the capital structure of Mitc Rolling Mills Private Limited?

    The authorized capital of Mitc Rolling Mills Private Limited is ₹22.00 Cr, and the paid-up capital is ₹20.75 Cr.

  • What is the compliance status of Mitc Rolling Mills Private Limited?

    The compliance status of Mitc Rolling Mills Private Limited is Compliant.

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