MUTUAL INDUSTRIES LIMITED
MUTUAL INDUSTRIES LIMITED having CIN U99999MH1990PLC058368 is 55 years , 3 month & 27 days old Public Indian Company incorporated on 01 Jan 1970. It is classified as Non-government company and is registered at Registrar of Companies. ROC Mumbai, Its authorized share capital is Rs. 100,000,000 and its paid up capital is Rs. 56,432,000. It's NIC code is 729 (which is part of its CIN).
As per the NIC code, it is inolved in Other computer related activities [for example maintenance of websites of other firms/ creation of multimedia presentations for other firms etc.]. MUTUAL INDUSTRIES LIMITED Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 09-28-2023. Directors of MUTUAL INDUSTRIES LIMITED are Drumil Jayantilal Gandhi and Harin Kiritkumar Gandhi.
MUTUAL INDUSTRIES LIMITED ' Corporate Identification Number (CIN) is U99999MH1990PLC058368 and its registration number is 058368. Users may contact MUTUAL INDUSTRIES LIMITED on its Email address - co.sec@mutual-industries.com Registered address of MUTUAL INDUSTRIES LIMITED is 701/702, heritage plaza, gundavali,,mumbai,maharashtra,india-400069. Current status of MUTUAL INDUSTRIES LIMITED is - Active.
Key Indicators
as on 09/28/1990
as on 09/28/1990
Company Information
| CIN | U99999MH1990PLC058368 |
|---|---|
| Company Status | Active |
| Registration Number | 058368 |
| Date of Incorporation | 09/28/1990 |
| RoC | ROC Mumbai |
| Company Age | 34 years & 221 days |
| Authorized Capital | ₹ 100000000 |
| Paid-up capital | ₹ 56432000 |
| Company Category | Company limited by shares |
| Company Sub-Category | Non-government company |
| Class of company | Public |
| Activity | Computer programming, consultancy and related activities |
| Listing status | Unlisted |
| Date of Last Annual General Meeting | 31-03-2023 |
| Date of Latest Balance Sheet | 31-03-2023 |
Contact
| Email ID | co.sec@mutual-industries.com |
|---|---|
| Address | 701/702, Heritage Plaza, Gundavali, Mumbai Maharashtra India 400069 |
| Website | mutual-industries.com |
| Contact Number | +91******* |
Location on Map
Director
| Designation | Name | Date OF Appointment | DIN | PAN | Tenure |
|---|---|---|---|---|---|
| Director | 09/29/2014 | 03477195 | *****4824E | 8 years | |
| Director | 08/26/2019 | 01998974 | *****4823D | 4 years | |
| Director | 04/07/2022 | 00215437 | *****9214F | 2 years | |
| Director | 02/22/2023 | 03560719 | *****4822C | 0 years | |
| Director | 07/30/2016 | 00242123 | *****4083N | 6 years | |
| Director | 08/26/2019 | 03560719 | *****4822C | 4 years | |
| Director | 05/20/2022 | *****3522G | 1 years | ||
| Director | 07/04/2024 | 03477195 | *****4824E | 1 years |
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
|
Active
|
100,000,000 | 1 | Maharashtra | |
|
Active
|
100,000,000 | 1 | Maharashtra |
Charges on assets
Others
No. of Loans: 5
Total Amount: 343,500,000.00 cr
HDFC BANK LIMITED
No. of Loans: 7
Total Amount: 1,743,150,000.00 cr
KIRLOSKAR INVESTMENTS AND FINANCE LTD.
No. of Loans: 1
Total Amount: 26,222,500.00 cr
CANARA BANK
No. of Loans: 16
Total Amount: 149,972,000.00 cr
CANARA BANK N.A.
No. of Loans: 1
Total Amount: 50,000,000.00 cr
INDUSTRIAL DEVELOPMENT BANK OF INDIA
No. of Loans: 2
Total Amount: 90,000,000.00 cr
Bank of India
No. of Loans: 4
Total Amount: 883,000,000.00 cr
CITIBANK N.A.
No. of Loans: 1
Total Amount: 135,000,000.00 cr
VOLKSWAGEN INDIA PRIVATE LIMITED
No. of Loans: 7
Total Amount: 154,932,000.00 cr
Axis Bank Limited
No. of Loans: 2
Total Amount: 250,000,000.00 cr
KOTAK MAHINDRA BANK LIMITED
No. of Loans: 3
Total Amount: 535,000,000.00 cr
DBS Bank Limited
No. of Loans: 2
Total Amount: 133,350,000.00 cr
Yes Bank Limited
No. of Loans: 1
Total Amount: 150,000,000.00 cr
ST HELEN'S NOMINEES INDIA PRIVATE LIMITED
No. of Loans: 1
Total Amount: 200,000,000.00 cr
ELECTRONICA FINANCE LIMITED
No. of Loans: 1
Total Amount: 18,225,972.00 cr
TATA CAPITAL FINANCIAL SERVICES LIMITED
No. of Loans: 1
Total Amount: 100,000,000.00 cr
DBS BANK LTD
No. of Loans: 1
Total Amount: 133,500,000.00 cr
Citi Bank N.A.
No. of Loans: 2
Total Amount: 143,625,000.00 cr
BNP PARIBAS
No. of Loans: 1
Total Amount: 170,000,000.00 cr
Canra Bank
No. of Loans: 1
Total Amount: 15,000,000.00 cr
Axis Trustee Services Limited
No. of Loans: 1
Total Amount: 1,963,420,000.00 cr
YES BANK LIMITED
No. of Loans: 1
Total Amount: 200,000,000.00 cr
CITIBANK N. A.
No. of Loans: 1
Total Amount: 28,125,000.00 cr
Barclays Bank
No. of Loans: 1
Total Amount: 150,000,000.00 cr
| Charge Holder | Branch | Amount | Date of creation | Modification | Satisfaction | Status |
|---|---|---|---|---|---|---|
| Others | LOWER PAREL | 152,500,000 | 25 Oct, 2023 | - | - | Open |
| Others | 21,000,000 | 07 Mar, 2022 | 27 Jul, 2022 | - | Open | |
| HDFC BANK LIMITED | SENAPATI BAPAT MARG, LOWER PAREL (W) | 55,000,000 | 03 Dec, 2019 | - | 11 Nov, 2021 | Closed |
| Others | Bandra Kurla Complex, Bandra (E), | 10,000,000 | 23 Feb, 2021 | - | - | Open |
| KIRLOSKAR INVESTMENTS AND FINANCE LTD. | 26,222,500 | 20 Dec, 1997 | - | 30 Sep, 1999 | Closed | |
| HDFC BANK LIMITED | SENAPATI BAPAT MARG, LOWER PAREL (W) | 200,000,000 | 06 Jan, 2020 | 15 Jul, 2020 | - | Open |
| CANARA BANK | MANDVI | 1,500,000 | 20 Jun, 1991 | - | 27 Apr, 2000 | Closed |
| Others | Bandra Kurla Complex, Bandra (E), | 10,000,000 | 10 Mar, 2021 | - | - | Open |
| HDFC BANK LIMITED | SENAPATI BAPAT MARG, LOWER PAREL (W) | 110,000,000 | 01 Feb, 2021 | 10 Mar, 2021 | - | Open |
| HDFC BANK LIMITED | SENAPATI BAPAT MARG, LOWER PAREL (W) | 105,000,000 | 10 Jul, 2020 | - | 03 Apr, 2024 | Closed |
| Others | Bandra Kurla Complex, Bandra (E), | 150,000,000 | 27 Dec, 2019 | 15 Jul, 2020 | - | Open |
| CANARA BANK N.A. | G- BLOCK | 50,000,000 | 07 Apr, 1994 | - | 27 Apr, 2000 | Closed |
| CANARA BANK | MANDVI BRANCH | 50,000,000 | 07 Apr, 1994 | - | 27 Apr, 2000 | Closed |
| INDUSTRIAL DEVELOPMENT BANK OF INDIA | CUFFE PARADE | 70,000,000 | 06 Mar, 1994 | 12 Dec, 1994 | 19 Apr, 2000 | Closed |
| INDUSTRIAL DEVELOPMENT BANK OF INDIA | CUFFE PARADE | 20,000,000 | 12 May, 1995 | 30 Jun, 1995 | 19 Apr, 2000 | Closed |
| Bank of India | 267,000,000 | 20 Apr, 2007 | - | 03 Jun, 2014 | Closed | |
| CANARA BANK | MANDVI | 1,064,000 | 04 Dec, 1991 | - | 27 Apr, 2000 | Closed |
| CANARA BANK | 19,491,000 | 25 Feb, 1998 | - | 27 Apr, 2000 | Closed | |
| CITIBANK N.A. | 25 BARAKHAMBA ROAD, CONNAUGHT PLACE, | 135,000,000 | 28 Feb, 2007 | - | 01 Aug, 2014 | Closed |
| CANARA BANK | 2,500,000 | 30 Apr, 1998 | - | 27 Apr, 2000 | Closed | |
| CANARA BANK | MANDVI BRANCH | 33,000,000 | 04 Jan, 1995 | - | 27 Apr, 2000 | Closed |
| Bank of India | University Road, Near Observatory | 436,000,000 | 26 Apr, 2007 | 03 Aug, 2011 | 03 Jun, 2014 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 44,600,000 | 24 Sep, 2010 | - | 30 Jul, 2012 | Closed |
| Axis Bank Limited | Plot No.1,S.No.132,Ganesh Khind Road | 150,000,000 | 14 Feb, 2011 | 10 Apr, 2012 | 08 Jul, 2014 | Closed |
| KOTAK MAHINDRA BANK LIMITED | NARIMAN POINT, | 110,000,000 | 30 Dec, 2006 | 21 Feb, 2012 | 04 Jun, 2014 | Closed |
| DBS Bank Limited | 22,500,000 | 27 Oct, 2009 | - | 21 Apr, 2011 | Closed | |
| Yes Bank Limited | Dr. A B Road, Worli | 150,000,000 | 21 Feb, 2012 | - | 31 Jul, 2014 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 5,610,000 | 22 Dec, 2009 | - | 30 Jul, 2012 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 32,865,000 | 22 Dec, 2009 | - | 30 Jul, 2012 | Closed |
| ST HELEN'S NOMINEES INDIA PRIVATE LIMITED | FORT | 200,000,000 | 10 Mar, 2010 | 04 Mar, 2011 | 11 Jun, 2014 | Closed |
| ELECTRONICA FINANCE LIMITED | Paud Road, Kothrud | 18,225,972 | 25 Mar, 2010 | - | 14 Mar, 2012 | Closed |
| TATA CAPITAL FINANCIAL SERVICES LIMITED | DR V B GANDHI MARG,FORT | 100,000,000 | 10 Aug, 2010 | 03 Aug, 2011 | 06 Jun, 2014 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 13,442,000 | 24 Sep, 2010 | - | 30 Jul, 2012 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 7,910,000 | 24 Sep, 2010 | - | 30 Jul, 2012 | Closed |
| DBS BANK LTD | FORT | 133,500,000 | 13 Sep, 2007 | - | 11 Mar, 2013 | Closed |
| CANARA BANK | MANDVI | 2,015,000 | 01 Sep, 1994 | - | 27 Apr, 2000 | Closed |
| KOTAK MAHINDRA BANK LIMITED | NARIMAN POINT, | 350,000,000 | 17 Oct, 2006 | 08 Oct, 2009 | 04 Jun, 2014 | Closed |
| Citi Bank N.A. | BANDRA KURLA COMPLEX, BANDRA (E) | 128,625,000 | 03 Sep, 2007 | 22 Sep, 2009 | 26 Feb, 2013 | Closed |
| CANARA BANK | 10,000,000 | 26 Jul, 1997 | 26 Jul, 1997 | 27 Apr, 2000 | Closed | |
| CANARA BANK | MANDVI | 1,065,000 | 05 Oct, 1993 | - | 27 Apr, 2000 | Closed |
| BNP PARIBAS | FORT | 170,000,000 | 13 Mar, 2000 | 09 Sep, 2003 | 11 Jun, 2010 | Closed |
| CANARA BANK | 10,000,000 | 26 Jul, 1997 | 26 Jul, 1997 | 27 Apr, 2000 | Closed | |
| CANARA BANK | MANDVI BRANCH | 784,000 | 02 Feb, 1995 | - | 27 Apr, 2000 | Closed |
| CANARA BANK | MANDVI BRANCH | 2,500,000 | 30 Jan, 1995 | - | 27 Apr, 2000 | Closed |
| Canra Bank | Mandvi | 15,000,000 | 04 Jan, 1995 | - | 27 Apr, 2000 | Closed |
| CANARA BANK | 4,553,000 | 16 May, 1994 | - | 27 Apr, 2000 | Closed | |
| CANARA BANK | 1,500,000 | 26 Sep, 1992 | - | 27 Apr, 2000 | Closed | |
| CANARA BANK | MANDVI | 8,000,000 | 11 Nov, 1991 | - | 27 Apr, 2000 | Closed |
| CANARA BANK | MANDVI BRANCH | 2,000,000 | 18 Oct, 1991 | 04 Jan, 1995 | 27 Apr, 2000 | Closed |
| Axis Trustee Services Limited | Pandurang Budhkar Marg, Worli, | 1,963,420,000 | 01 Jul, 2013 | 08 Mar, 2014 | 21 May, 2019 | Closed |
| Bank of India | 1162/6, Shivaji Nagar, University Road, | 100,000,000 | 31 May, 2010 | - | 03 Jun, 2014 | Closed |
| HDFC BANK LIMITED | LOWER PAREL W | 250,000,000 | 26 Sep, 2012 | - | 11 Jun, 2014 | Closed |
| Axis Bank Limited | Plot No.1,S.No.132,Ganesh Khind Road | 100,000,000 | 21 Feb, 2012 | 10 Apr, 2012 | 08 Jul, 2014 | Closed |
| YES BANK LIMITED | DR. ANNIE BESANT ROAD, WORLI, | 200,000,000 | 24 Nov, 2011 | 26 Sep, 2012 | 31 Jul, 2014 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 18,130,000 | 22 Dec, 2009 | - | 30 Jul, 2012 | Closed |
| CITIBANK N. A. | BANDRA KURLA COMPLEX, BANDRA (E) | 28,125,000 | 04 Sep, 2009 | - | 29 Apr, 2011 | Closed |
| VOLKSWAGEN INDIA PRIVATE LIMITED | VILLAGE NIGOJE MHALUNGE KHARABWADI CHAKAN TAL KHED | 32,375,000 | 21 May, 2009 | - | 30 Jul, 2012 | Closed |
| KOTAK MAHINDRA BANK LIMITED | NARIMAN POINT, | 75,000,000 | 12 Sep, 2008 | - | 04 Jun, 2014 | Closed |
| Bank of India | 80,000,000 | 27 Mar, 2008 | - | 03 Jun, 2014 | Closed | |
| Barclays Bank | Dr. Anne Beasant Road, Worli, | 150,000,000 | 31 Jan, 2008 | - | 27 Apr, 2011 | Closed |
| DBS Bank Limited | 221 D N Road, Fort | 110,850,000 | 03 Sep, 2007 | 22 Sep, 2009 | 11 Mar, 2013 | Closed |
| Citi Bank N.A. | BANDRA EAST | 15,000,000 | 17 Mar, 2007 | - | 26 Feb, 2013 | Closed |
| HDFC BANK LIMITED | LOWER PAREL W | 200,000,000 | 04 Nov, 2006 | - | 09 Jul, 2010 | Closed |
| HDFC BANK LIMITED | LOWER PAREL W | 823,150,000 | 08 Feb, 2018 | 24 Jul, 2019 | - | Open |
Registered Details
* There is the date provided by MCA, but availability for this year is not guaranteed.
Industry
Products
rebars, wire rods, coated coil, building solutions., sections, automotive steels, Hot and cold rolled sheet, agriculture equipments, tubes
Key Metrics
** All rupee values in INR crores. Based on March 2024 numbers.
9.29%
29%
29%
29%
9.29%
9.29%
9.29%
29%
29%
29%
9.29%
9.29%
Financial Highlights
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Balance Sheet
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| Percentage of assets | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Equity Capital | 44 | 78 | 90 | 45 | 38 |
| Reserves | 44 | 78 | 90 | 45 | 38 |
| Borrowings | 44 | 78 | 90 | 45 | 38 |
| Long term borrowings | 44 | 78 | 90 | 45 | 38 |
| Short term borrowings | 44 | 78 | 90 | 45 | 38 |
| Trade payables | 44 | 78 | 90 | 45 | 38 |
| Days payable | 44 | 78 | 90 | 45 | 38 |
| Other liabilities | 44 | 78 | 90 | 45 | 38 |
| Other non-current liabilities | 44 | 78 | 90 | 45 | 38 |
| Other current liabilities | 44 | 78 | 90 | 45 | 38 |
| Total liabilities | 44 | 78 | 90 | 45 | 38 |
| Fixed Assets | 44 | 78 | 90 | 45 | 38 |
| Tangible assets | 44 | 78 | 90 | 45 | 38 |
| CWIP | 44 | 78 | 90 | 45 | 38 |
| Intangible assets | 44 | 78 | 90 | 45 | 38 |
| LT loans and advances | 44 | 78 | 90 | 45 | 38 |
| Other non-current assets | 44 | 78 | 90 | 45 | 38 |
| Current assets | 44 | 78 | 90 | 45 | 38 |
| Inventories | 44 | 78 | 90 | 45 | 38 |
| Trade receivables | 44 | 78 | 90 | 45 | 38 |
| Cash and cash equivalents | 44 | 78 | 90 | 45 | 38 |
| ST loans and advances | 44 | 78 | 90 | 45 | 38 |
| Other current assets | 44 | 78 | 90 | 45 | 38 |
| Total assets | 44 | 78 | 90 | 45 | 38 |
Profit & Loss
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Ratio
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Subsidiaries, Associate Companies & Join Ventures of ALTORIAS RECYCLE SOLUTIONS
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Fund Raising Activity of ALTORIAS RECYCLE SOLUTIONS
| Date of Allotment | Securities Alloted | Terms | Number of Securities | Nominal Amount | Premium Amount Due & Payable | Premium Amount Paid | Total Discount | Amount to be Paid on Calls (Excluding Premium) | Attachments |
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Board Meetings of ALTORIAS RECYCLE SOLUTIONS
| Date of Filing | Date of Dispatch of Notice | Date of Passing Resolution | Section (Companies Act 2013) | Section (Companies Act 1956) | Subject Matter of Resolution | Resolution Agreed By | Resolution Type | Additional Documents |
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Auditors of ALTORIAS RECYCLE SOLUTIONS
| Financial Year | Name of Auditor or Firm | PAN of Auditor or Firm | Membership Number / Registration Number | Name of Auditor Signing Report | Membership Number of Auditor Signing Report |
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Outstanding Payments to Micro & Small Enterprises
| Filing Type | As On | Amount Due to MSME | Current Liabilities | Ratio to Current Liabilities | Reasons for Delay |
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Investor Complaints & Serious Complaints About ALTORIAS RECYCLE SOLUTIONS
Director Complain
| Date | DIN | Cessation Date | Cessation Reason | Complaint |
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Serious Complaints
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Investor Complaints & Other Complaints
| Date | Complaint Type | Complaint Sub Type | Particulars of Secutiries | Period | Complaint | Other Details |
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Prosecution Details of ALTORIAS RECYCLE SOLUTIONS
| S.No. | Defaulting Entities | Court Name | Prosecution Section | Date of Order | Status |
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Peers / Similar Companies
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| Singapore | 1997 | 400 Cr | |
| Orissa | 1997 | 400 Cr | |
| West Bengal | 1997 | 400 Cr | |
| Jharkhand | 1997 | 400 Cr | |
| Singapore | 1997 | 400 Cr | |
| West Bengal | 1997 | 400 Cr |
FAQs
MUTUAL INDUSTRIES LIMITED having CIN U99999MH1990PLC058368 is 55 years , 3 month old Public Indian Company incorporated with MCA on 28 Sep 1990. MUTUAL INDUSTRIES LIMITED is listed in the class of Public Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Mumbai with an Authorized Share Capital of 100,000,000 and paid-up capital is 56,432,000.
CIN of MUTUAL INDUSTRIES LIMITED is U99999MH1990PLC058368.
Address of MUTUAL INDUSTRIES LIMITED is 701/702, heritage plaza, gundavali,,mumbai,maharashtra,india-400069,.
The company has 8 directors/key management personnel HARIN GANDHI,APURVA GANDHI,HARNISH JUTHANI,DRUMIL GANDHI,BOMAN MORADIAN,DRUMIL GANDHI,U99999MH1990PLC058368 U99999MH1990PLC058368,HARIN GANDHI,
Email : co.sec@mutual-industries.com
Address : 701/702, Heritage Plaza, Gundavali, Mumbai Maharashtra India 400069
MUTUAL INDUSTRIES LIMITED is involved in activities such as Computer programming, consultancy and related activities
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