Mithali Initiative Foundation
About Mithali Initiative Foundation
Data last updated:
Mithali Initiative Foundation is a private not for profit company based in Secunderabad, Telangana, India. It operates in the textile spinning and weaving segment of the sports and recreation sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U92419TG2019NPL137520.
It is led by directors Mithali Raj and Leela Raj.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4,790 (net margin -0.5%) and EBITDA of -₹1,686 (EBITDA margin -0.2%).
Company details
Contact details
Mithali Initiative Foundation's registered office is in Secunderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No.1 – 31 – 920 Srisainagar Bank Colony Md Farmroad Near Indira Nagar Statue Kanajiguda Tir, Umalgherry, Secunderabad, Telangana, India – 500015
- IndustrySports, Spinning & Weaving, Recreational, Sports & Events
To see the full contact details of Mithali Initiative Foundation, buy the company report.
- 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
Business activity
The main business activity of Mithali Initiative Foundation is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Mithali Initiative Foundation, buy the company report.
Financials of Mithali Initiative Foundation
FY 2022 filings availableMithali Initiative Foundation reported revenue of ₹9.2 Lakh (up 1741% YoY) for FY 2022.
Financial Statement Summary
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| EBITDA | -₹1,686 | ||
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| Net Profit (PAT) | -₹4,790 | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.2% | ||
| Net Profit Margin | -0.5% | ||
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To see the full financial statements and ratios of Mithali Initiative Foundation, buy the company report.
Board of directors of Mithali Initiative Foundation
Mithali Initiative Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithali Raj | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Leela Raj Also directs: Bafe Factory Kitchens Private Limited | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Mithali Initiative Foundation is compared with the 5 companies closest to it by revenue in the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aacha Ecology Foundation | ₹9.27 Lakh (FY 2025) | 26.0% | Siiliguri, West Bengal, India | |||
| Aham Films Private Limited | ₹9.26 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Pie Pan India Entertainment Private Limited | ₹9.23 Lakh (FY 2019) | Kolkata, West Bengal, India | ||||
| Mithali Initiative Foundationthis company | ₹9.2 Lakh (FY 2022) | -₹4,790 | -0.5% | 1741.0% | Secunderabad, Telangana, India | |
| Young Creative Production Private Limited | ₹9.14 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Vrutsa Entertainment Private Limited | ₹9.12 Lakh (FY 2024) | 602.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mithali Initiative Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Mithali Initiative Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mithali Initiative Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mithali Initiative Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mithali Initiative Foundation has 2 board changes on record since 2019: 2 appointments. The latest: Leela Raj was appointed as Director on 11 Dec 2019.
Frequently asked questions
Mithali Initiative Foundation is an active private not for profit company based in Secunderabad, Telangana, India. The company works in spinning and weaving, within the sports industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U92419TG2019NPL137520.
Mithali Initiative Foundation has 2 current directors:
- Mithali Raj - Director
- Leela Raj - Director
The latest financial statements of Mithali Initiative Foundation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Mithali Initiative Foundation is U92419TG2019NPL137520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithali Initiative Foundation was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mithali Initiative Foundation by revenue are Aacha Ecology Foundation, Aham Films Private Limited, Pie Pan India Entertainment Private Limited, Young Creative Production Private Limited, Vrutsa Entertainment Private Limited, all in the same principal business activity (creative, arts and entertainment activities).
Leela Raj was appointed as Director on 11 Dec 2019. Mithali Raj was appointed as Director on 11 Dec 2019.
The registered office of Mithali Initiative Foundation is at H.No.1 – 31 – 920 Srisainagar Bank Colony Md Farmroad Near Indira Nagar Statue Kanajiguda Tir, Umalgherry, Secunderabad, Telangana, India – 500015.
Mithali Initiative Foundation operates in the sports industry, in the spinning and weaving segment.
Mithali Initiative Foundation can be reached at its registered office: H.No.1 – 31 – 920 Srisainagar Bank Colony Md Farmroad Near Indira Nagar Statue Kanajiguda Tir, Umalgherry, Secunderabad, Telangana, India – 500015.
Mithali Initiative Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.