Mitsun Steels Private Limited Company Logo

Mitsun Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Bengaluru, Karnataka, India, established in 1989.

1989 | Bengaluru, Karnataka, India | Active
Last Updated:

About Mitsun Steels Private Limited

Mitsun Steels Private Limited, a active private limited company, was established on 03 May 1989 in Bengaluru, Karnataka, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U27109KA1989PTC010052. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.50 Cr.

It upholds a compliant status. Employing 32 professional, Its leadership includes Sunil Kasturchand Damani (Managing Director), Sangeeta Damani (Director). Past directors included Somil Kumar Mittal. It holds ₹5.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2Nd Floor,Property No 462,Sri Krishna Temple Road Indiranagar,1St Stage, Bengaluru, Karnataka, 560038.

Company Details

  • CIN/LLPIN

    U27109KA1989PTC010052

  • Registration Number

    010052

  • Incorporation Date

    03 May 1989

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.50 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 13.07%
  • Profit Growth 16.44%
  • Ebitda 28.16%
  • Net Worth 32.98%
  • Total Assets 3.26%
Company report

Mitsun Steels Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mitsun Steels 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 Mitsun Steels Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sunil Kasturchand DamaniManaging Director03 May 1989Current
Sangeeta DamaniDirector01 Sep 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Sep 2014Past

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Financial Performance of Mitsun Steels.

Mitsun Steels Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.07% increase. The company also saw a substantial improvement in profitability, with a 16.44% increase in profit. The company's net worth Soared by an impressive increase of 32.98%.

Mitsun Steels revenue growth over time
Mitsun Steels 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
13.07%
Revenue from Operations
13.03%
Total Assets
3.26%
Profit or Loss
16.44%
Net Worth
32.98%
EBITDA
28.16%

What is the Ownership and Shareholding Structure of Mitsun Steels?

In 2024, Mitsun Steels had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹50,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2010Icici Bank Limited₹5.00 CrOpen

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How Many Employees Work at Mitsun Steels?

Mitsun Steels has a workforce of 32 employees as of Dec 06, 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 Mitsun Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mitsun Steels, 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 Mitsun Steels'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 Mitsun Steels

Recent Activity within the Organization

  • Annual General Meeting

    Mitsun Steels 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 Mitsun Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Sangeeta Damani was appointed as a Director was appointed as a Director on 01 Sep 2014 & has been associated with this company since 11 years 3 months . was documented.

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10265375 was registered on 28 Dec 2010. was recorded as a recent event.

  • Director Appointment

    Sunil Kasturchand Damani was appointed as a Managing Director was appointed as a Managing Director on 03 May 1989 & has been associated with this company since 36 years 6 months . was recorded as a recent event.

  • Company Incorporation

    The activity Mitsun Steels Private Limited was registered on 03 May 1989 with Roc Bangalore & aged 36 years 6 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Mitsun Steels Private Limited?

    The CIN of Mitsun Steels Private Limited is U27109KA1989PTC010052.

  • Where is Mitsun Steels Private Limited headquartered?

    Mitsun Steels Private Limited is headquartered at 2Nd Floor,Property No 462,Sri Krishna Temple Road Indiranagar,1St Stage, Bengaluru, Karnataka, 560038.

  • When was Mitsun Steels Private Limited incorporated?

    Mitsun Steels Private Limited was incorporated on 03 May 1989.

  • Who are the current directors of Mitsun Steels Private Limited?

    The current directors of Mitsun Steels Private Limited are

  • What is the primary industry of Mitsun Steels Private Limited?

    The primary industry of Mitsun Steels Private Limited is Trade.

  • Is Mitsun Steels Private Limited a listed company?

    Mitsun Steels Private Limited is unlisted.

  • What is the capital structure of Mitsun Steels Private Limited?

    The authorized capital of Mitsun Steels Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.50 Cr.

  • What is the compliance status of Mitsun Steels Private Limited?

    The compliance status of Mitsun Steels Private Limited is Compliant.

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