MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0012257
Mittal Precision Hitech Steels Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹100.42 Cr
▼ 9% YoY
Net profit · FY 2024
₹52.96 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹5.46 Cr
EBITDA margin 5.4%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹60.24 Lakh
Issued & subscribed
Open charges
₹35.91 Cr
Satisfied ₹5 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
13
Provident fund records
About Mittal Precision Hitech Steels Private Limited
Data last updated:
Mittal Precision Hitech Steels Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 09 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27310PN2004PTC020003. Its GSTIN is 27AAACU7590A1ZD (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹60.24 Lakh. It was formerly known as Uniforge Engineering Private Limited and Mittal Precision Power Systems Private Limited. It is led by directors including Premchand Ramsarup Mittal and Arun Premchand Mittal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.44 Sector No.10 Pcntda Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹100.42 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹52.96 Lakh (net margin 0.5%) and EBITDA of ₹5.46 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35.91 Cr and satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Mittal Precision Hitech Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0012257). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasantgroup.com.
Company details
CIN U27310PN2004PTC020003
Registration Number 020003
Incorporation Date 09 December 2004
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0012257
Name history
Mittal Precision Hitech Steels has undergone 2 name changes throughout its history. The company was previously known as Uniforge Engineering Private Limited, and Mittal Precision Power Systems Private Limited. The current legal name is Mittal Precision Hitech Steels Private Limited.
| Company Name | Status |
|---|---|
| Mittal Precision Hitech Steels Private Limited | Current |
| Uniforge Engineering Private Limited | Previous |
| Mittal Precision Power Systems Private Limited | Previous |
CIN history
Mittal Precision Hitech Steels has one previous CIN (Corporate Identification Number): U40108PN2004PTC020003. The current CIN is U27310PN2004PTC020003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310PN2004PTC020003 | Current |
| U40108PN2004PTC020003 | Previous |
Key People
Premchand Ramsarup Mittal Director Arun Premchand Mittal Director Sunilkumar Premchand Mittal Director Recognitions & Rankings of Mittal Precision Hitech Steels
Contact details
Mittal Precision Hitech Steels Private Limited's registered office is in Pune, Maharashtra. Its website is vasantgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.44 Sector No.10 Pcntda Bhosari, Pune, Maharashtra, India – 411026
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Mittal Precision Hitech Steels Private Limited, buy the company report.
Comprehensive company report
Mittal Precision Hitech Steels Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mittal Precision Hitech Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mittal Precision Hitech Steels Private Limited, buy the company report.
Financials of Mittal Precision Hitech Steels Private Limited
FY 2024 filings availableMittal Precision Hitech Steels Private Limited reported revenue of ₹100.42 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹100.42 Cr ▼ 9%
Net profit · FY 2024
₹52.96 Lakh margin 0.5%
EBITDA · FY 2024
₹5.46 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 21%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.96 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Precision Hitech Steels Private Limited, buy the company report.
Board of directors of Mittal Precision Hitech Steels Private Limited
Mittal Precision Hitech Steels has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Peer comparison
Mittal Precision Hitech Steels Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GSTP (HFS) Private Limited | ₹102.85 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Mukat Tanks and Vessels Private Limited | ₹102.58 Cr (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| Mittal Precision Hitech Steels Private Limitedthis company | ₹100.42 Cr (FY 2024) | ₹52.96 Lakh | 0.5% | -9.0% | 13 | Pune, Maharashtra, India |
| Charan Steel Tubes Private Limited | ₹100.26 Cr (FY 2025) | -12.0% | Punjab, India | |||
| Primesteel Manufacture Private Limited | ₹99.4 Cr (FY 2025) | 24.0% | Rajkot, Gujarat, India | |||
| Anubhav Plast Limited | ₹98.31 Cr (FY 2025) | 12.0% | Swarup Nagar, Uttar Pradesh, India |
To see the full peer comparison of Mittal Precision Hitech Steels Private Limited, buy the company report.
Auditor
Mittal Precision Hitech Steels Private Limited is audited by AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL & CO | FY 2023 | 129862W |
Shareholding
The shareholding of Mittal Precision Hitech Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mittal Precision Hitech Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.91 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2025 | 101164570 | Others | ₹5 Cr | Open | |
| 16 Sep 2025 | 101164572 | Others | ₹2.1 Cr | Open | |
| 26 Oct 2023 | 100854670 | Hdfc Bank Limited | ₹6.24 Lakh | Open | |
| 07 Jun 2012 | 10361092 | Hdfc Bank Limited | ₹28.75 Cr | Open | |
| 23 Aug 2022 | 100607981 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Mittal Precision Hitech Steels Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mittal Precision Hitech Steels Private Limited has 2 court cases on record: 2 filed by Mittal Precision Hitech Steels. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Mittal Precision Hitech Steels 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 Precision Hitech Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mittal Precision Hitech Steels Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
160%
GST
Mittal Precision Hitech Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU7590A1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mittal Precision Hitech Steels Private Limited, buy the company report.
Recent activity
Mittal Precision Hitech Steels Private Limited has 11 board changes on record since 2004: 8 appointments and 3 cessations. The latest: Neeta Mittal was appointed as Director on 01 Jun 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101164570 was registered on 16 Sep 2025.
Charges
A charge with Others amounted to Rs. 210.00 Lakh with Charge ID 101164572 was registered on 16 Sep 2025.
AGM
Mittal Precision Hitech Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 23 Aug 2022 via Charge ID 100607981 with Others was fully satisfied on 03 Apr 2024.
Filing
Mittal Precision Hitech Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Hdfc Bank Limited of Rs. 2,874.78 Lakh registered on 07 Jun 2012 with Charge ID 10361092 was modified on 23 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.24 Lakh with Charge ID 100854670 was registered on 26 Oct 2023.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100607981 was registered on 23 Aug 2022.
Appointed
Neeta Mittal was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,874.78 Lakh with Charge ID 10361092 was registered on 07 Jun 2012.
Ceased
Makarand Madhusudan Bapat ceased to be Director.
Ceased
Rajan Manjappa Uchil ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Mittal Precision Hitech Steels is an active private limited company based in Pune, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 09 December 2004 (22+ years old) and is registered under CIN U27310PN2004PTC020003.
Mittal Precision Hitech Steels has 5 current directors:
- Premchand Ramsarup Mittal - Director
- Arun Premchand Mittal - Director
- Sunilkumar Premchand Mittal - Director
- Anilkumar Premchand Mittal - Director
- Neeta Mittal - Director
The latest financial statements of Mittal Precision Hitech Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mittal Precision Hitech Steels is 27AAACU7590A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mittal Precision Hitech Steels is U27310PN2004PTC020003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Precision Hitech Steels has 2 court cases on record: 2 filed by the company.
Mittal Precision Hitech Steels was incorporated on 09 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mittal Precision Hitech Steels by revenue are GSTP (HFS) Private Limited, Mukat Tanks and Vessels Private Limited, Charan Steel Tubes Private Limited, Primesteel Manufacture Private Limited, Anubhav Plast Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Neeta Mittal was appointed as Director on 01 Jun 2022. Makarand Madhusudan Bapat ceased to be Director on 13 Aug 2008. Rajan Manjappa Uchil ceased to be Director on 13 Aug 2008. Mittal Precision Hitech Steels has 11 board changes on record in total.
Yes, Mittal Precision Hitech Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0012257).
Mittal Precision Hitech Steels can be reached through the website vasantgroup.com. Its registered office is in Pune, Maharashtra, India.