Mittal Iron Foundry Private Limited
About Mittal Iron Foundry Private Limited
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Mittal Iron Foundry Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 09 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1992PTC055915. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.3 Cr. It was formerly known as Mittal Iron Foundry Ltd and Mittal Iron Foundry Pvt Ltd. It is led by directors including Ramji Lal Agarwal (Managing Director) and Anurag Saraf.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 545 G T Road Room No 429 Howrah, West Bengal, India – 711101.
As per the financials filed for FY 2019, the company reported a revenue of ₹41,454, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹43,458 (net margin -104.8%) and EBITDA of ₹6,086 (EBITDA margin 14.7%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.6 Cr and satisfied charges of ₹19.45 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Mittal Iron Foundry has undergone 2 name changes throughout its history. The company was previously known as Mittal Iron Foundry Ltd, and Mittal Iron Foundry Pvt Ltd. The current legal name is Mittal Iron Foundry Private Limited.
| Company Name | Status |
|---|---|
| Mittal Iron Foundry Private Limited | Current |
| Mittal Iron Foundry Ltd | Previous |
| Mittal Iron Foundry Pvt Ltd | Previous |
CIN history
Mittal Iron Foundry has one previous CIN (Corporate Identification Number): U27109WB1992PLC055915. The current CIN is U27109WB1992PTC055915, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB1992PTC055915 | Current |
| U27109WB1992PLC055915 | Previous |
Contact details
Mittal Iron Foundry Private Limited's registered office is in Howrah, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address545 G T Road Room No 429 Howrah, West Bengal, India – 711101
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Mittal Iron Foundry Private Limited, 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
Financials of Mittal Iron Foundry Private Limited
FY 2019 filings availableMittal Iron Foundry Private Limited reported revenue of ₹41,454 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years. EBITDA fell 100% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41,454 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6,086 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹43,458 | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | -104.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mittal Iron Foundry Private Limited, buy the company report.
Board of directors of Mittal Iron Foundry Private Limited
Mittal Iron Foundry has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Saraf Also directs: Mittal Towers Private Limited, Sukhsagar Suppliers Pvt Ltd, Mda Commercial Pvt. Ltd. and 2 more | Director | 27 Mar 2017 | 9 Years 7 Months | Current |
| Ramji Lal Agarwal Also directs: Mittal Towers Private Limited, Sukhsagar Suppliers Pvt Ltd, Starpoint Foundry Private Limited and 1 more | Managing Director | 01 Apr 1996 | 30 Years 7 Months | Current |
| Gobinda Das Adhikary Also directs: Sukhsagar Suppliers Pvt Ltd, Mittal Ferrocast Private Limited | Manager | 04 Oct 2021 | 5 Years 1 Months | Current |
Auditor
Mittal Iron Foundry Private Limited is audited by T N DATTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T N DATTA & ASSOCIATES | FY 2019 | 324479E |
Shareholding
The shareholding of Mittal Iron Foundry Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mittal Iron Foundry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2012 | 10375321 | State Bank of India | ₹28.6 Cr | Open | |
| 22 Sep 2007 | 10072567 | State Bank of India | ₹15.5 Cr | Satisfied | |
| 01 Oct 1996 | 90245253 | Bank of India | ₹3.95 Cr | Satisfied |
To see the full charge records of Mittal Iron Foundry Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mittal Iron Foundry Private Limited has 7 court cases on record: 3 filed by Mittal Iron Foundry, 4 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (COMPA) | Filed against the company by M/S.Elektro Flame Limited (in Liqn) | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of Shree Padmawati Metaliks Pvt. Ltd. -and- | Disposed |
| High Court | Company petition | Filed by the company against Polar Industries Ltd | Disposed |
| High Court, West Bengal | Tax appeal | Filed against the company by Commissioner of Central Excise, Haldia Commissionerate Bijitesh Mukherjee | Pending |
| High Court, West Bengal | Tax appeal | Filed by the company against Commissioner of Central Excise Haldia Commissionerate | Pending |
To see the full case history of Mittal Iron Foundry Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mittal Iron Foundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mittal Iron Foundry Private Limited has a workforce of 1 employees on its EPFO records as of May 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 1 |
| FY 2016-17 |
To see the full employee and EPFO history of Mittal Iron Foundry Private Limited, buy the company report.
GST
Mittal Iron Foundry has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mittal Iron Foundry Private Limited, buy the company report.
Recent activity
Mittal Iron Foundry Private Limited has 7 board changes on record since 1996: 3 appointments and 4 cessations. The latest: Vijay Kumar Agarwal ceased to be Director on 05 Oct 2021.
6 earlier events are in the company report.
Frequently asked questions
Mittal Iron Foundry is an active private limited company based in Howrah, West Bengal, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 09 July 1992 (34+ years old) and is registered under CIN U27109WB1992PTC055915.
Mittal Iron Foundry has 3 current directors:
- Ramji Lal Agarwal - Managing Director
- Anurag Saraf - Director
- Gobinda Das Adhikary - Manager
The latest financial statements of Mittal Iron Foundry on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Mittal Iron Foundry has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mittal Iron Foundry is U27109WB1992PTC055915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Iron Foundry has 7 court cases on record: 3 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Mittal Iron Foundry was incorporated on 09 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Vijay Kumar Agarwal ceased to be Director on 05 Oct 2021. Gobinda Das Adhikary was appointed as Manager on 04 Oct 2021. Anurag Saraf ceased to be Additional Director on 29 Sep 2017. Mittal Iron Foundry has 7 board changes on record in total.
The registered office of Mittal Iron Foundry is at 545 G T Road Room No 429 Howrah, West Bengal, India – 711101.
Mittal Iron Foundry operates in the manufacturing industry, in the die casting and metal forming segment.
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