Mahansaria Tyres Profile
Key Indicators
- Authorised Capital ₹ 350.00 Cr
- Paid Up Capital ₹ 324.26 Cr
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,367.64 Cr
- Satisfied Charges ₹ 80.03 Cr
- Revenue Growth -99.99%
- Profit Growth 100.00%
- Ebitda 100.01%
- Net Worth -100.00%
- Total Assets -100.00%
About Mahansaria Tyres
Mahansaria Tyres Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 September 2014 and has a history of Ten years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Keshav Industrial Ventures Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 350.00 Cr and a paid-up capital of Rs 324.26 Cr.
The company currently has active open charges totaling ₹1,367.64 Cr. The company has closed loans amounting to ₹80.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahansaria Tyres Private Limited India are Vishal Barot as CFO and Charuta Pilgaonkar as Company Secretary. Yogeshkumar Mahansaria, Ashokkumar Mahansaria, Ashok Bhukhmaria, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25111MH2014PTC257968
- Company No.
257968
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Sep 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
Who are the key members and board of directors at Mahansaria Tyres?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogeshkumar Mahansaria  | Managing Director | 21-Aug-2017 | Current |
| Vishal Barot | CFO | 06-Oct-2023 | Current |
| Charuta Pilgaonkar | Company Secretary | 29-Feb-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Bhukhmaria | Director | 15-Jul-2021 | Current |
| Ashokkumar Mahansaria | Director | 10-Sep-2014 | Current |
| Dhaval Nanavati | Director | 21-Apr-2023 | Current |
Financial Performance of Mahansaria Tyres.
Mahansaria Tyres Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.99% decrease. The company also saw a substantial improvement in profitability, with a 100% increase in profit. The company's net worth observed a substantial decline by a decrease of 100%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahansaria Tyres?
In 2022, Mahansaria Tyres had a promoter holding of 86.63% and a public holding of 13.38%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Astra Industries And Trading Private LimitedYogeshkumar Mahansaria and Ashokkumar Mahansaria are mutual person
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Yogeshkumar Mahansaria and Ashokkumar Mahansaria are mutual person
Girnar Insurance Brokers Private LimitedYogeshkumar Mahansaria is a mutual person
Reise Motosports LlpYogeshkumar Mahansaria and Ashokkumar Mahansaria are mutual person
- Sujata Textile Mills Private Limited
Yogeshkumar Mahansaria and Ashokkumar Mahansaria are mutual person
- Astride Tyres & Tracks Private Limited
Yogeshkumar Mahansaria is a mutual person
Charges (Loans)
Open Charges
₹1,367.64 Cr
Satisfied Charges
₹80.03 Cr
Charges Breakdown by Lending Institutions
- Others : 1367.27 Cr
- Axis Bank Limited : 0.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2024 | Others | ₹300.00 Cr | Open |
| 16 Jan 2024 | Others | ₹4.26 Cr | Open |
| 19 Dec 2023 | Others | ₹1.50 Cr | Open |
| 24 Mar 2023 | Axis Bank Limited | ₹3.67 M | Open |
| 22 Mar 2022 | Others | ₹5.95 Cr | Open |
How Many Employees Work at Mahansaria Tyres?
Mahansaria Tyres has a workforce of 340 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahansaria Tyres, 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 Mahansaria Tyres's trajectory.
Rating
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
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 Mahansaria Tyres
Recent activity within the organization
- Charges
A charge with Others of Rs. 285.00 Cr registered on 24 May 2021 with Charge ID 100451517 was modified on 07 Oct 2024.
- Annual General Meeting
Mahansaria Tyres Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 05 Dec 2023 via Charge ID 100837172 with Others was fully satisfied on 09 May 2024.
- Balance Sheet
Mahansaria Tyres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100889115 was registered on 08 Mar 2024.
- Charges
A charge with Others of Rs. 344.85 Cr registered on 19 Nov 2019 with Charge ID 100304726 was modified on 08 Mar 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Mahansaria Tyres Private Limited?
Mahansaria Tyres Private Limited was incorporated on 10 Sep 2014.
What is authorized share capital and paid-up capital of Mahansaria Tyres Private Limited?
The authorized share capital of Mahansaria Tyres Private Limited is ₹ 350.00 Cr and paid-up capital is ₹ 324.26 Cr.
Who are the current board members & directors of Mahansaria Tyres Private Limited?
Currently 6 directors are associated with Mahansaria Tyres Private Limited.
- Yogeshkumar Ashokkumar Mahansaria
- Ashokkumar Purushottamdas Mahansaria
- Ashok Bhukhmaria
- Dhaval Janardan Nanavati
- Vishal Pratapbhai Barot
- Charuta Mandar Pilgaonkar
What is the registered address of Mahansaria Tyres Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahansaria Tyres Private Limited is 301 - 304 3Rd Floor Peninsula Chambers Corporate Park Ganpatrao Kadam Marg Lower Parel, India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Mahansaria Tyres Private Limited?
The corporate identification number (CIN) of Mahansaria Tyres Private Limited is U25111MH2014PTC257968 and the company number is 257968 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahansaria Tyres Private Limited?
The Official website of Mahansaria Tyres Private Limited is https://www.ascensotyres.com
What has been the recent revenue trend for Mahansaria Tyres Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mahansaria Tyres Private Limited has fallen by -99.99%.
How many employees does Mahansaria Tyres Private Limited currently have?
As Per 2022 financial reports, 340 employees are currently employed by Mahansaria Tyres Private Limited.
What change has been observed in the net worth of Mahansaria Tyres Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mahansaria Tyres Private Limited has experienced an downturn of -100.00%.
What are the total open charges for Mahansaria Tyres Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Mahansaria Tyres Private Limited amount to ₹ 1,367.64 Cr.
When was the last Balance Sheet of Mahansaria Tyres Private Limited filed with the ROC?
The most recent Balance Sheet for Mahansaria Tyres Private Limited was filed with the ROC on 31 Mar 2024.
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