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:
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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 03 September 2025, with the balance sheet filed on 31 March 2025. It is based at 2Nd Floor,Property No 462,Sri Krishna Temple Road Indiranagar,1St Stage, Bengaluru, Karnataka, 560038.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Sunil Kasturchand Damani Managing Director 03 May 1989 Current
Sangeeta Damani Director 01 Sep 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Sep 2014 Past

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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
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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 13.07%
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Revenue from Operations
*******
 13.03%
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Total Assets
*******
 3.26%
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*******
*******
*******
Profit or Loss
*******
 16.44%
*******
*******
*******
*******
Net Worth
*******
 32.98%
*******
*******
*******
*******
EBITDA
*******
 28.16%
*******
*******
*******
*******

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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 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

₹50,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Icici Bank Limited : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
28 Dec 2010 Icici Bank Limited ₹5.00 Cr Open

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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 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

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.

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Latest Updates, News, and FAQs on Mitsun Steels
Recent Activity within the Organization
  • Annual General Meeting

    The activity Mitsun Steels Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Mitsun Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • 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 6 months . was documented.

  • Charges

    The activity A charge with Icici Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10265375 was registered on 28 Dec 2010. was completed.

  • Director Appointment

    The activity 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 10 months . was completed.

  • Company Incorporation

    Progress on Mitsun Steels Private Limited was registered on 03 May 1989 with Roc Bangalore & aged 36 years 10 months as per MCA records. was documented.

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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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