Mittal Strips Limited
About Mittal Strips Limited
Data last updated:
Mittal Strips Limited is a public limited company based in Bengaluru, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the service-based operations segment of the diversified industries sector. It was incorporated on 29 November 1984.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1984PLC006533.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.71 Lakh. It is led by directors including Anuj Agarwal and Narendra Kumar Jain.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Mittal Steel Limited White Field Road Mahadevapura, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2020, the company reported a revenue of ₹45,000, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2,058 (net margin 4.6%) and EBITDA of -₹36,342 (EBITDA margin -80.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 12% over five years.
Company details
CIN history
Mittal Strips has one previous CIN (Corporate Identification Number): U17236KA1984PLC006533. The current CIN is U85110KA1984PLC006533, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1984PLC006533 | Current |
| U17236KA1984PLC006533 | Previous |
Contact details
Mittal Strips Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Mittal Steel Limited White Field Road Mahadevapura, Bengaluru, Karnataka, India – 560048
- IndustryOther Industry, Other Services
To see the full contact details of Mittal Strips 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 Strips Limited
FY 2025 filings availableMittal Strips Limited reported revenue of ₹45,000 (down 10% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 10% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹45,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹36,342 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,058 | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -80.8% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Strips Limited, buy the company report.
Board of directors of Mittal Strips Limited
Mittal Strips has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Agarwal Also directs: Sri Parmeshwara Investments Private Limited | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Narendra Kumar Jain Also directs: Mittal Steels Limited., Mitcon Private Limited | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Mamta Singhania | Director | 08 Jan 2016 | 10 Years 9 Months | Current |
Auditor
Mittal Strips Limited is audited by POOJARI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POOJARI & ASSOCIATES | FY 2019 | 005754S |
Shareholding
The shareholding of Mittal Strips Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mittal Strips Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mittal Strips Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mittal Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mittal Strips Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mittal Strips Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Indersen Mittal ceased to be Director on 19 Mar 2024.
1 earlier event is in the company report.
Frequently asked questions
Mittal Strips is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Mittal Strips is a company pending strike off, currently registered as a public limited company based in Bengaluru, Karnataka, India. The company works in other services, within the other industry industry. It was incorporated on 29 November 1984 and is registered under CIN U85110KA1984PLC006533. The company may be struck off soon - caution is advised.
The compliance status of Mittal Strips is compliant as of 15 July 2026.
Mittal Strips has 3 current directors:
- Anuj Agarwal - Director
- Narendra Kumar Jain - Director
- Mamta Singhania - Director
The CIN (Corporate Identification Number) of Mittal Strips is U85110KA1984PLC006533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Strips was incorporated on 29 November 1984. It is registered with the Registrar of Companies, Bangalore.
The registered office of Mittal Strips is at CO Mittal Steel Limited White Field Road Mahadevapura, Bengaluru, Karnataka, India – 560048.
The latest financial statements of Mittal Strips on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
Mittal Strips operates in the other industry industry, in the other services segment.
Indersen Mittal ceased to be Director on 19 Mar 2024. Anuj Agarwal was appointed as Director on 15 Feb 2024. Narendra Kumar Jain was appointed as Director on 15 Feb 2024. Mittal Strips has 10 board changes on record in total.