Mahalaxmi Automotives Private Limited

Authorized dealer of popular car and motorcycle brands, offering sales, service, and spares in Maharashtra.

1997 | Pune, Maharashtra (India) | Active
Last Updated:

Mahalaxmi Automotives Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.90 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 148.11 Cr
  • Satisfied Charges ₹ 129.47 Cr
  • Revenue Growth 34.18%
  • Profit Growth -17.65%
  • Ebitda -8.99%
  • Net Worth -0.48%
  • Total Assets 14.02%

About Mahalaxmi Automotives

Mahalaxmi Automotives Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1997 and has a history of 28 years and one month. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Sai Automotive Services P Ltd. The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 4.90 Cr.

The company currently has active open charges totaling ₹148.11 Cr. The company has closed loans amounting to ₹129.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Satav, Nitin Satav, Arati Satav, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahalaxmiautomotive.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101MH1997PTC105240

  • Company No.

    105240

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Mahalaxmi Automotives Private Limited offer?

Mahalaxmi Automotives Private Limited offers a wide range of products and services, including Corporate and Soft Skills Training, Customer Service Training, Cars, Motor Cars, Maruti Car, Motorcycles and Cars, Four Wheelers.

Who are the key members and board of directors at Mahalaxmi Automotives?

Executive Team (1)

NameDesignationAppointment DateStatus
Nitin Satav Country flag representing In Managing Director04-Mar-2008Current

Financial Performance of Mahalaxmi Automotives.

Mahalaxmi Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.18% increase. The company also saw a substantial fall in profitability, with a 17.65% decrease in profit. The company's net worth dipped by a decrease of 0.48%.

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
34.18%
Revenue from Operations
34.06%
Total Assets
14.02%
Profit or Loss
-17.65%
Net Worth
-0.48%
EBITDA
-8.99%

What is the Ownership and Shareholding Structure of Mahalaxmi Automotives?

In 2023, Mahalaxmi Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹148.11 Cr

Satisfied Charges

₹129.47 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 119.50 Cr
  • Others : 18.61 Cr
  • State Bank Of India : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2024Others₹2.35 CrOpen
21 Oct 2023Hdfc Bank Limited₹10.00 CrOpen
30 Sep 2023Others₹15.00 CrOpen
01 Nov 2022Others₹1.26 CrOpen
20 Sep 2022Hdfc Bank Limited₹9.75 CrOpen

How Many Employees Work at Mahalaxmi Automotives?

Mahalaxmi Automotives has a workforce of 840 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahalaxmi Automotives, 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 Mahalaxmi Automotives'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 Mahalaxmi Automotives

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.35 Cr with Charge ID 100984089 was registered on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100825909 was registered on 21 Oct 2023.

    21 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100789494 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

    Mahalaxmi Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 08 Aug 2012 via Charge ID 10378852 with Hdfc Bank Limited was fully satisfied on 03 Apr 2023.

    03 Apr 2023

  • Charges

    A charge registered on 09 Jul 2012 via Charge ID 10371154 with Hdfc Bank Limited was fully satisfied on 03 Apr 2023.

    03 Apr 2023

Frequently asked questions

  • What is the Incorporation or founding date of Mahalaxmi Automotives Private Limited?

    Mahalaxmi Automotives Private Limited was incorporated on 20 Jan 1997.

  • What is authorized share capital and paid-up capital of Mahalaxmi Automotives Private Limited?

    The authorized share capital of Mahalaxmi Automotives Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.90 Cr.

  • Who are the current board members & directors of Mahalaxmi Automotives Private Limited?

    Currently 4 directors are associated with Mahalaxmi Automotives Private Limited.

    • Sachin Sadashiv Satav
    • Nitin Sadashiv Satav
    • Arati Nitin Satav
    • Suhasini Sachin Satav
  • What is the registered address of Mahalaxmi Automotives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahalaxmi Automotives Private Limited is 5 Karbhari Complex, Ring Road Kasaba India, Baramati, Maharashtra, 413102.

  • What is the corporate identification number (CIN) and company number of Mahalaxmi Automotives Private Limited?

    The corporate identification number (CIN) of Mahalaxmi Automotives Private Limited is U50101MH1997PTC105240 and the company number is 105240 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahalaxmi Automotives Private Limited?

    The Official website of Mahalaxmi Automotives Private Limited is https://www.mahalaxmiautomotive.com

  • What has been the recent revenue trend for Mahalaxmi Automotives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahalaxmi Automotives Private Limited has risen by 34.18%.

  • How many employees does Mahalaxmi Automotives Private Limited currently have?

    As Per 2023 financial reports, 840 employees are currently employed by Mahalaxmi Automotives Private Limited.

  • What change has been observed in the net worth of Mahalaxmi Automotives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahalaxmi Automotives Private Limited has experienced an downturn of -0.48%.

  • What are the total open charges for Mahalaxmi Automotives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahalaxmi Automotives Private Limited amount to ₹ 148.11 Cr.

  • When was the last Balance Sheet of Mahalaxmi Automotives Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahalaxmi Automotives Private Limited was filed with the ROC on 31 Mar 2023.

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