Mitco Wires Private Limited - Company Profile

It is a metals and minerals private limited company based in Bangalore North, Karnataka, India, established in 1983.
1983 Bangalore North, Karnataka, India Active
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About Mitco Wires Private Limited

Mitco Wires Private Limited, a active private limited company, was established on 11 August 1983 in Bangalore North, Karnataka, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U40100KA1983PTC005495. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.66 M.

Formerly known as Matrishree Investments & Trading Company Pvt Ltd. It upholds a compliant status. Its leadership includes Priscilla Mittal (Director), Ajay Kumar Mittal (Director). It holds ₹2.00 Cr open charges and ₹4.62 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.367/2, 10Th Cross, 4Th Phase,Peenya Industrial Area,, Bangalore North, Karnataka, 560058.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U40100KA1983PTC005495

  • Registration Number

    005495

  • Incorporation Date

    11 August 1983

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.66 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.66 M
  • Company Age 42 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 4.62 Cr
  • Revenue Growth **** 27.40%
  • Profit Growth **** -7.96%
  • Ebitda **** -13.16%
  • Net Worth 23.07%
  • Total Assets **** 18.21%
Company report

Mitco Wires Private Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Mitco Wires 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 Mitco Wires Private Limited?
Current Directors
Name Designation Appointment Date Status
Priscilla Mittal Director 01 Apr 2004 Current
Ajay Kumar Mittal Director 01 Jul 1987 Current

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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%.

Mitco Wires revenue growth over time
Mitco Wires 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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 27.40%
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*******
*******
*******
Revenue from Operations
*******
 26.55%
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*******
*******
Total Assets
*******
 18.21%
*******
*******
*******
*******
Profit or Loss
*******
 -7.96%
*******
*******
*******
*******
Net Worth
*******
 23.07%
*******
*******
*******
*******
EBITDA
*******
 -13.16%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mitco Wires?

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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

₹20,000,000.00

Satisfied Charges

₹46,200,000.00

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

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How Many Employees Work at Mitco Wires?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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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 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Mitco Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge registered on 08 Dec 2010 via Charge ID 10262903 with State Bank Of Travancore was fully satisfied on 04 Nov 2019. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 100205273 was registered on 06 Sep 2018. was documented.

  • 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. was recorded as a recent event.

  • 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. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mitco Wires Private Limited?

The CIN of Mitco Wires Private Limited is U40100KA1983PTC005495.

Where is Mitco Wires Private Limited headquartered?

Mitco Wires Private Limited is headquartered at No.367/2, 10Th Cross, 4Th Phase,Peenya Industrial Area,, Bangalore North, Karnataka, 560058.

When was Mitco Wires Private Limited incorporated?

Mitco Wires Private Limited was incorporated on 11 August 1983.

Who are the current directors of Mitco Wires Private Limited?

The current directors of Mitco Wires Private Limited are

What is the primary industry of Mitco Wires Private Limited?

The primary industry of Mitco Wires Private Limited is Trade.

Is Mitco Wires Private Limited a listed company?

Mitco Wires Private Limited is unlisted.

What is the capital structure of Mitco Wires Private Limited?

The authorized capital of Mitco Wires Private Limited is ₹2.50 M, and the paid-up capital is ₹1.66 M.

What is the compliance status of Mitco Wires Private Limited?

The compliance status of Mitco Wires Private Limited is Compliant.

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