Mittal Sections Limited Company Logo

Mittal Sections Limited - Company Profile

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 2009.

2009 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Mittal Sections Limited

Mittal Sections Limited, a active public limited company, was established on 02 April 2009 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109GJ2009PLC056527. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹11.57 Cr.

It upholds a compliant status. Employing 10 professional, Its leadership includes Ajaykumar Balwantrai Mittal (Managing Director), Sushiladevi Balwantrai Mittal (Director), Aishwarya Singhvi (Director). Past directors included Ajaykumar Balwantrai Mittal, Aishwarya Singhvi, Dilipkumar Nemichand Nagar. It holds ₹22.49 Cr open charges and ₹87.55 Cr settled loans. Its latest AGM occurred on 27 August 2024, with the balance sheet filed on 31 March 2024. It is based at 01, Sona Roopa Apartment, Opp. Lal Bunglow C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009.

Company Details

  • CIN/LLPIN

    U27109GJ2009PLC056527

  • Registration Number

    056527

  • Incorporation Date

    02 April 2009

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹11.57 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.57 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.49 Cr
  • Satisfied Charges ₹ 87.55 Cr
  • Revenue Growth 12.17%
  • Profit Growth -7.04%
  • Ebitda 2.22%
  • Net Worth 13.05%
  • Total Assets 3.30%
Company report

Mittal Sections Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mittal Sections 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 Mittal Sections Limited?

Current Directors

NameDesignationAppointment DateStatus
Ajaykumar Balwantrai MittalManaging Director01 Feb 2020Current
Sushiladevi Balwantrai MittalDirector02 Apr 2009Current
Aishwarya SinghviDirector31 Jul 2024Current
Atul Balwantrai MittalWhole-Time Director02 Apr 2009Current
Dhruvi Shyam KapadiaDirector31 Jul 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director31 Mar 2019Past
Pramod AbcsddAdditional Director31 Jul 2024Past
Pramod AbcsddAdditional Director21 May 2010Past
Pramod AbcsddAdditional Director30 Sep 2017Past
Pramod AbcsddAdditional Director30 Sep 2017Past
Pramod AbcsddDirector01 Oct 2015Past

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Financial Performance of Mittal Sections.

Mittal Sections Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.17% increase. The company also saw a slight decrease in profitability, with a 7.04% decrease in profit. The company's net worth Soared by an impressive increase of 13.05%.

Mittal Sections revenue growth over time
Mittal Sections 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
12.17%
Revenue from Operations
12.21%
Total Assets
3.30%
Profit or Loss
-7.04%
Net Worth
13.05%
EBITDA
2.22%

What is the Ownership and Shareholding Structure of Mittal Sections?

In 2023, Mittal Sections had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹224,906,056.00

Satisfied Charges

₹875,523,784.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 15.10 Cr
  • Others : 7.28 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2024Others₹7.28 CrOpen
23 Dec 2022Axis Bank Limited₹15.10 CrOpen
27 Jan 2020Hdfc Bank Limited₹1.15 MOpen
06 Mar 2012City Union Bank Limited₹27.06 CrSatisfied
04 Feb 2012City Union Bank Limited₹7.43 MSatisfied

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How Many Employees Work at Mittal Sections?

Mittal Sections has a workforce of 10 employees as of Apr 05, 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 Mittal Sections Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mittal Sections, 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 Mittal Sections'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 Mittal Sections

Recent Activity within the Organization

  • Charges

    The activity A charge with Others amounted to Rs. 7.28 Cr with Charge ID 101000890 was registered on 21 Oct 2024. was completed.

  • Director Appointment

    Progress on Hirenkumar Babubhai Patel was appointed as a Company Secretary was appointed as a Company Secretary on 28 Sep 2024 & has been associated with this company since 1 year 2 months . was documented.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 15.10 Cr registered on 23 Dec 2022 with Charge ID 100677621 was modified on 14 Sep 2024. was documented.

  • Director Appointment

    The activity Atul Balwantrai Mittal was appointed as a Cfo was appointed as a Cfo on 31 Aug 2024 & has been associated with this company since 1 year 2 months . was completed.

  • Annual General Meeting

    Progress on Mittal Sections Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Aishwarya Singhvi was appointed as a Director was appointed as a Director on 31 Jul 2024 & has been associated with this company since 1 year 3 months . was documented.

Frequently Asked Questions

  • What is the CIN of Mittal Sections Limited?

    The CIN of Mittal Sections Limited is U27109GJ2009PLC056527.

  • Where is Mittal Sections Limited headquartered?

    Mittal Sections Limited is headquartered at 01, Sona Roopa Apartment, Opp. Lal Bunglow C.G. Road, Navrangpura, Ahmedabad, Gujarat, 380009.

  • When was Mittal Sections Limited incorporated?

    Mittal Sections Limited was incorporated on 02 April 2009.

  • Who are the current directors of Mittal Sections Limited?

    The current directors of Mittal Sections Limited are

  • What is the primary industry of Mittal Sections Limited?

    The primary industry of Mittal Sections Limited is Manufacturing.

  • Is Mittal Sections Limited a listed company?

    Mittal Sections Limited is unlisted.

  • What is the capital structure of Mittal Sections Limited?

    The authorized capital of Mittal Sections Limited is ₹12.00 Cr, and the paid-up capital is ₹11.57 Cr.

  • What is the compliance status of Mittal Sections Limited?

    The compliance status of Mittal Sections Limited is Compliant.

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