Mahalaxmi Automotives Vehicles Private Limited

Founded in 2016 and headquartered in Maharashtra, India.

2016 | Baramati Pune, Maharashtra (India) | Active
Last Updated: July 06, 2024

Mahalaxmi Automotives Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.90 Cr
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.96 Cr
  • Satisfied Charges ₹ 62.00 Cr
  • Revenue Growth 73.48%
  • Profit Growth 38.86%
  • Ebitda 10.59%
  • Net Worth -0.92%
  • Total Assets 4.96%

About Mahalaxmi Automotives Vehicles

Mahalaxmi Automotives Vehicles Private Limited (MAVPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 May 2016 (Eight years and eight months 28 days old ). Its registered office is in Baramati Pune, Maharashtra, India.

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 ₹50.96 Cr. The company has closed loans amounting to ₹62.00 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Baramati Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50403PN2016PTC164325

  • Company No.

    164325

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

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

Board Members (4)

Name Designation Appointment Date Status
Suhasini Satav Country flag representing In Director 20-Jan-2018 Current
Arati Satav Country flag representing In Director 20-Jan-2018 Current
Nitin Satav Country flag representing In Director 05-May-2016 Current
Sachin Satav Country flag representing In Director 05-May-2016 Current

Financial Performance of Mahalaxmi Automotives Vehicles.

Mahalaxmi Automotives Vehicles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 73.48% increase. The company also saw a substantial improvement in profitability, with a 38.86% increase in profit. The company's net worth dipped by a decrease of 0.92%.

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
73.48%
Revenue from Operations
73.70%
Total Assets
4.96%
Profit or Loss
38.86%
Net Worth
-0.92%
EBITDA
10.59%

What is the Ownership and Shareholding Structure of Mahalaxmi Automotives Vehicles?

In 2023, Mahalaxmi Automotives Vehicles 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

₹50.96 Cr

Satisfied Charges

₹62.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.71 Cr
  • State Bank Of India : 15.00 Cr
  • Others : 10.25 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2023 Others ₹10.25 Cr Open
30 Jul 2018 State Bank Of India ₹15.00 Cr Open
22 Nov 2016 Hdfc Bank Limited ₹25.71 Cr Open
20 Dec 2017 Tata Capital Financial Services Limited ₹22.00 Cr Satisfied
02 Sep 2016 Tata Capital Financial Services Limited ₹5.00 Cr Satisfied

How Many Employees Work at Mahalaxmi Automotives Vehicles?

Mahalaxmi Automotives Vehicles has a workforce of 192 employees as of Apr 01, 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 Vehicles, 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 Vehicles'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 Vehicles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.25 Cr with Charge ID 100789350 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

    Mahalaxmi Automotives Vehicles 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 with Hdfc Bank Limited of Rs. 25.71 Cr registered on 22 Nov 2016 with Charge ID 100064031 was modified on 26 Jun 2023.

    26 Jun 2023

  • Balance Sheet

    Mahalaxmi Automotives Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 15.00 Cr registered on 30 Jul 2018 with Charge ID 100198763 was modified on 13 Oct 2022.

    13 Oct 2022

  • Charges

    A charge registered on 20 Dec 2017 via Charge ID 100166979 with Tata Capital Financial Services Limited was fully satisfied on 23 Jun 2022.

    23 Jun 2022

Frequently asked questions

  • Mahalaxmi Automotives Vehicles Private Limited was incorporated on 05 May 2016.

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

  • Currently 4 directors are associated with Mahalaxmi Automotives Vehicles Private Limited.

    • Suhasini Sachin Satav
    • Arati Nitin Satav
    • Nitin Sadashiv Satav
    • Sachin Sadashiv Satav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahalaxmi Automotives Vehicles Private Limited is 5Karbhari ComplexRing Road Kasaba Baramati, Baramati Pune, Maharashtra, India, 413102.

  • The corporate identification number (CIN) of Mahalaxmi Automotives Vehicles Private Limited is U50403PN2016PTC164325 and the company number is 164325 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahalaxmi Automotives Vehicles Private Limited has risen by 73.48%.

  • As Per 2023 financial reports, 192 employees are currently employed by Mahalaxmi Automotives Vehicles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahalaxmi Automotives Vehicles Private Limited has experienced an downturn of -0.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahalaxmi Automotives Vehicles Private Limited amount to ₹ 50.96 Cr.

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

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