Mitco Wires Private Limited
Trading iron and steel since 1983, based in Bangalore, Karnataka.
1983 | Bangaluru, Karnataka (India) | Active
Mitco Wires Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.66 M
- Company Age 41 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 4.62 Cr
- Revenue Growth 27.40%
- Profit Growth -7.96%
- Ebitda -13.87%
- Net Worth 23.07%
- Total Assets 18.21%
About Mitco Wires
Mitco Wires Private Limited (MWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1983 and has a history of 41 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Matrishree Investments & Trading Company Pvt Ltd. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.66 M.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹4.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Priscilla Mittal and Ajay Mittal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40100KA1983PTC005495
- Company No.
005495
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1983
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Mitco Wires Private Limited
Explore comprehensive data for Mitco Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mitco Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priscilla Mittal  | Director | 01-Apr-2004 | Current |
| Ajay Mittal | Director | 01-Jul-1987 | Current |
Financial Performance of Mitco Wires.
Mitco Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.4% increase. The company also saw a slight decrease in profitability, with a 7.96% decrease in profit. The company's net worth Soared by an impressive increase of 23.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mitco Wires?
In 2023, Mitco Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hi-Tech Forgings (Bangalore) Private LimitedAjay Mittal is a mutual person
- Vee Pee Steels Private Limited
Priscilla Mittal and Ajay Mittal are mutual person
- Rukmani Forgings Private Limited
Priscilla Mittal and Ajay Mittal are mutual person
Charges (Loans)
Open Charges
₹20.00 M
Satisfied Charges
₹46.20 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2018 | Axis Bank Limited | ₹2.00 Cr | Open |
| 17 Jun 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.75 Cr | Satisfied |
| 08 Dec 2010 | State Bank Of Travancore | ₹2.87 Cr | Satisfied |
How Many Employees Work at Mitco Wires?
Unlock and access historical data on people associated with Mitco Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mitco Wires, 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 Mitco Wires's trajectory.
Rating
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
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 Mitco Wires
Recent activity within the organization
- Annual General Meeting
Mitco Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mitco Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 08 Dec 2010 via Charge ID 10262903 with State Bank Of Travancore was fully satisfied on 04 Nov 2019.
- Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 100205273 was registered on 06 Sep 2018.
- Charges
A charge with State Bank Of Travancore of Rs. 28.70 M registered on 08 Dec 2010 with Charge ID 10262903 was modified on 09 Oct 2015.
- Charges
A charge registered on 17 Jun 2013 via Charge ID 10438693 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 02 Jun 2015.
Frequently asked questions
What is the Incorporation or founding date of Mitco Wires Private Limited?
Mitco Wires Private Limited was incorporated on 11 Aug 1983.
What is authorized share capital and paid-up capital of Mitco Wires Private Limited?
The authorized share capital of Mitco Wires Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.66 M.
Who are the current board members & directors of Mitco Wires Private Limited?
Currently 2 directors are associated with Mitco Wires Private Limited.
- Priscilla Mittal
- Ajay Kumar Mittal
What is the registered address of Mitco Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mitco Wires Private Limited is No.367/2 10Th Cross 4Th Phase Peenya Industrial Area, India, Bangalore North, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Mitco Wires Private Limited?
The corporate identification number (CIN) of Mitco Wires Private Limited is U40100KA1983PTC005495 and the company number is 005495 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mitco Wires Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mitco Wires Private Limited has risen by 27.40%.
What change has been observed in the net worth of Mitco Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mitco Wires Private Limited has experienced an upsurge of 23.07%.
What are the total open charges for Mitco Wires Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mitco Wires Private Limited amount to ₹ 2.00 Cr.
When was the last Balance Sheet of Mitco Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Mitco Wires Private Limited was filed with the ROC on 31 Mar 2024.
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