M Acer Automotive Systems Private Limited

Supplies high-quality auto electrical, electro-mechanical, and electronic components for export market.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

M Acer Automotive Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.91 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.30 Cr
  • Satisfied Charges ₹ 27.55 Cr
  • Revenue Growth -8.39%
  • Profit Growth -19.85%
  • Ebitda -18.53%
  • Net Worth 13.64%
  • Total Assets -1.80%

About M Acer Automotive Systems

M Acer Automotive Systems Private Limited (MAASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 1999 and has a history of 25 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.91 Cr.

The company currently has active open charges totaling ₹20.30 Cr. The company has closed loans amounting to ₹27.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandhya Vasuki, Muralidar Chandrakumar, Sriranga Raghu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909KA1999PTC025295

  • Company No.

    025295

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at M Acer Automotive Systems?

Executive Team (1)

Name Designation Appointment Date Status
Hampapur Bhaskar Country flag representing In Managing Director 03-Jun-1999 Current

Board Members (5)

Name Designation Appointment Date Status
Sandhya Vasuki Country flag representing In Director 03-Jun-1999 Current
Muralidar Chandrakumar Country flag representing In Additional Director Current
Sriranga Raghu Country flag representing In Director 01-Jan-2005 Current
Hampapur Vasuki Country flag representing In Director 03-Jun-1999 Current
Mallipattana Murlidhar Country flag representing In Director 03-Jun-1999 Current

Financial Performance of M Acer Automotive Systems.

M Acer Automotive Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.39% decrease. The company also saw a substantial fall in profitability, with a 19.85% decrease in profit. The company's net worth Soared by an impressive increase of 13.64%.

Graph illustrating revenue growth over time
Graph showing 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
-8.39%
Revenue from Operations
-8.36%
Total Assets
-1.80%
Profit or Loss
-19.85%
Net Worth
13.64%
EBITDA
-18.53%

What is the Ownership and Shareholding Structure of M Acer Automotive Systems?

In 2023, M Acer Automotive Systems had a promoter holding of 97.38% and a public holding of 2.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.30 Cr

Satisfied Charges

₹27.55 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 18.95 Cr
  • Hdfc Bank Limited : 1.35 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2024 Hdfc Bank Limited ₹1.00 Cr Open
26 Jun 2024 Hdfc Bank Limited ₹2.38 M Open
31 Aug 2021 Hdfc Bank Limited ₹1.05 M Open
28 Jul 2015 Axis Bank Limited ₹18.95 Cr Open
28 Dec 2017 Yes Bank Limited ₹4.00 Cr Satisfied

How Many Employees Work at M Acer Automotive Systems?

Unlock and access historical data on people associated with M Acer Automotive Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M Acer Automotive Systems, 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 M Acer Automotive Systems'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 M Acer Automotive Systems

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100977403 was registered on 31 Jul 2024.

    31 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100975772 was registered on 26 Jun 2024.

    26 Jun 2024

  • Annual General Meeting

    M Acer Automotive Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M Acer Automotive Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 05 Aug 2015 via Charge ID 10589301 with Others was fully satisfied on 02 Sep 2022.

    02 Sep 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 18.95 Cr registered on 28 Jul 2015 with Charge ID 10592254 was modified on 02 Sep 2022.

    02 Sep 2022

Frequently asked questions

  • M Acer Automotive Systems Private Limited was incorporated on 03 Jun 1999.

  • The authorized share capital of M Acer Automotive Systems Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.91 Cr.

  • Currently 6 directors are associated with M Acer Automotive Systems Private Limited.

    • Sandhya Vasuki
    • Muralidar Gautham Sharath Chandrakumar
    • Sriranga Raghu
    • Hampapur Gopal Bhaskar
    • Hampapur Gopal Vasuki
    • Mallipattana Murlidhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of M Acer Automotive Systems Private Limited is No.20-D I Phase Kiadb, Kumbalgod India, Bangalore, Karnataka, 560074.

  • The corporate identification number (CIN) of M Acer Automotive Systems Private Limited is U31909KA1999PTC025295 and the company number is 025295 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M Acer Automotive Systems Private Limited is https://www.macer.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for M Acer Automotive Systems Private Limited has fallen by -8.39%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M Acer Automotive Systems Private Limited has experienced an upsurge of 13.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M Acer Automotive Systems Private Limited amount to ₹ 20.30 Cr.

  • The most recent Balance Sheet for M Acer Automotive Systems Private Limited was filed with the ROC on 31 Mar 2023.

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