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* - Tentative Dates
The Net Proceeds of the Issue are proposed to be utilized by the company for the objects set out below:
Mitcon Consultancy & Engineering Services Limited's revenue increased by 55.28% and profit after tax (PAT) rose by 48.39% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 311.93 | 247.70 | 216.86 |
| Revenue | 133.16 | 85.75 | 107.76 |
| Profit After Tax | 5.63 | 3.80 | 1.50 |
| Amount in ₹ Crore | |||
Established in 1982 in Pune, MITCON Consultancy & Engineering Services Limited is a reputed Indian Technical Consultancy Organization (TCO) offering one-stop solutions for all technical, marketing and financial business requirements. MITCON is a certified TCO providing concept and commissioning solutions to various organizations for more than 40 years. MITCON has experience in various industries including energy transition, renewable energy, biofuels, green chemistry, skills development, environmental management and engineering, and business consulting.
Over the years, the company has expanded its services to include banking, infrastructure and biotechnology. They provide their clients with feasibility studies, detailed project reports, techno-economic feasibility reports, financial syndication, engineering services for lenders, environmental impact assessments, basic and detailed engineering, tender management, project management, cluster development, technical/financial restructuring, energy audits, corporate debt restructuring, due diligence, qualitative and market research, asset/company valuation and consultancy services for wind energy projects, among others, depending on their requirements. They also conduct IT-based training and qualification programs.
