Mitco Wires Private Limited
About Mitco Wires Private Limited
Data last updated:
Mitco Wires Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 11 August 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40100KA1983PTC005495. Its GSTIN is 29AABCM1485F1ZG (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.62 Lakh. It was formerly known as Matrishree Investments & Trading Company Pvt Ltd. It is led by directors Priscilla Mittal and Ajay Kumar Mittal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.367/2 10th Cross 4th Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.58 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Cr (net margin 4.3%) and EBITDA of ₹2.83 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹4.62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.367/2 10th Cross 4th Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Mitco Wires Private Limited
The main business activity of Mitco Wires is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mitco Wires Private Limited FY 2025 filings available
Mitco Wires Private Limited reported revenue of ₹34.58 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mitco Wires Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 2% growth in the latest year. EBITDA rose 97% 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 of Mitco Wires Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.48 Cr | •••• | •••• | •••• | •••• |
| 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 of Mitco Wires Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mitco Wires are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mitco Wires Private Limited
Mitco Wires Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surya Shakti Industries Private Limited | ₹34.96 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Guwahati, Assam, India |
| Jyotidarshan Traders Private Limited | ₹34.85 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Ea Suppliers International Private Limited | ₹34.85 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Raipur, Chhattisgarh, India |
| Seah Global India Private Limited | ₹34.76 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Chennai, Tamil Nadu, India |
| Avon Alloys Private Limited | ₹34.72 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Delhi, India |
| Mitco Wires Private Limited this company | ₹34.58 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Sanwaliya Sales Pvt Ltd | ₹34.48 Cr (FY 2021) | •••• | •••• | -6.0% | •••• | Ahmedabad, Gujarat, India |
| Pna Sales Private Limited | ₹34.47 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Obcl Ventures Private Limited | ₹34.45 Cr (FY 2025) | •••• | •••• | •••• | Raipur, Chhattisgarh, India | |
| Mata Vaishnou Metal and Steel Private Limited | ₹34.44 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Elford Sales Private Limited | ₹34.4 Cr (FY 2024) | •••• | •••• | 138.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Mitco Wires by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mitco Wires Private Limited
Mitco Wires Private Limited is audited by P K Rungta & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P K Rungta & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mitco Wires Private Limited
Mitco Wires has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priscilla Mittal Also directs: Vee Pee Steels Private Limited, Rukmani Forgings Private Limited | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Ajay Kumar Mittal Also directs: Vee Pee Steels Private Limited, Rukmani Forgings Private Limited | Director | 01 Jul 1987 | 39 Years 3 Months | Current |
Ownership and Shareholding of Mitco Wires Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mitco Wires Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2018 | Axis Bank Limited | ₹2 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 |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Mitco Wires Private Limited
Employment history and EPFO contributions of people linked to Mitco Wires.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Mitco Wires Private Limited
Mitco Wires has one previous CIN (Corporate Identification Number): U27109KA1983PTC005495. The current CIN is U40100KA1983PTC005495, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100KA1983PTC005495 | Current |
| U27109KA1983PTC005495 | Previous |
Recent Activity on Mitco Wires Private Limited
Mitco Wires Private Limited has 2 board changes on record since 1987: 2 appointments. The latest: Priscilla Mittal was appointed as Director on 01 Apr 2004.
Credit Ratings, Litigation & Regulatory Alerts for Mitco Wires Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mitco Wires Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mitco Wires Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mitco Wires Private Limited
Mitco Wires has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1485F1ZG | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mitco Wires Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mitco Wires Private Limited
Mitco Wires is an active private limited company based in Bangalore, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 11 August 1983 (43+ years old) and is registered under CIN U40100KA1983PTC005495.
Mitco Wires reported revenue of ₹34.58 Cr for FY 2025 (up 2% YoY).
Mitco Wires has 2 current directors:
- Priscilla Mittal - Director
- Ajay Kumar Mittal - Director
Mitco Wires reported a net profit of ₹1.48 Cr (net margin 4.3%) and EBITDA of ₹2.83 Cr (EBITDA margin 8.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mitco Wires is 7% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mitco Wires is 29AABCM1485F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Mitco Wires is U40100KA1983PTC005495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitco Wires was incorporated on 11 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mitco Wires by revenue are Surya Shakti Industries Private Limited, Jyotidarshan Traders Private Limited, Ea Suppliers International Private Limited, Seah Global India Private Limited, Avon Alloys Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Priscilla Mittal was appointed as Director on 01 Apr 2004. Ajay Kumar Mittal was appointed as Director on 01 Jul 1987.
The registered office of Mitco Wires is at No.3672 10th Cross 4th Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.