Mahanth Automotives Private Limited

Authorized dealer of Piaggio vehicles, offering a range of cargo and passenger vehicles.

2006 | Dharwad, Karnataka (India) | Active
Last Updated: December 25, 2024

Mahanth Automotives Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth -19.20%
  • Profit Growth -38.95%
  • Ebitda -62.86%
  • Net Worth 6.35%
  • Total Assets -12.53%

About Mahanth Automotives

Mahanth Automotives Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2006 and has a history of 18 years and 11 months. Its registered office is in Dharwad, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayadev Yallappa and Shailaia Agadi serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101KA2006PTC038485

  • Company No.

    038485

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Jayadev Yallappa Country flag representing In Director 01-Oct-2008 Current
Shailaia Agadi Country flag representing In Director 30-Dec-2011 Current

Financial Performance of Mahanth Automotives.

Mahanth Automotives Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 19.2% decrease. The company also saw a substantial fall in profitability, with a 38.95% decrease in profit. The company's net worth moved up by a moderate rise of 6.35%.

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
-19.20%
Revenue from Operations
-20.61%
Total Assets
-12.53%
Profit or Loss
-38.95%
Net Worth
6.35%
EBITDA
-62.86%

What is the Ownership and Shareholding Structure of Mahanth Automotives?

In 2018, Mahanth 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

₹45.00 M

Satisfied Charges

₹12.50 M

Charges Breakdown by Lending Institutions

  • Corporation Bank : 3.00 Cr
  • Indusland Bank Ltd : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Dec 2014 Indusland Bank Ltd ₹1.50 Cr Open
29 Mar 2007 Corporation Bank ₹3.00 Cr Open
20 Jun 2013 State Bank Of India ₹1.00 Cr Satisfied
12 Oct 2010 Corporation Bank ₹2.50 M Satisfied

How Many Employees Work at Mahanth Automotives?

Unlock and access historical data on people associated with Mahanth Automotives, 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 Mahanth 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 Mahanth 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 Mahanth Automotives

Recent activity within the organization

  • Annual General Meeting

    Mahanth Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mahanth Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 20 Jun 2013 via Charge ID 10437296 with State Bank Of India was fully satisfied on 20 Aug 2016.

    20 Aug 2016

  • Charges

    A charge with Corporation Bank of Rs. 30.00 M registered on 29 Mar 2007 with Charge ID 10051922 was modified on 23 Dec 2015.

    23 Dec 2015

  • Charges

    A charge with Indusland Bank Ltd amounted to Rs. 15.00 M with Charge ID 10545649 was registered on 10 Dec 2014.

    10 Dec 2014

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.00 M with Charge ID 10437296 was registered on 20 Jun 2013.

    20 Jun 2013

Frequently asked questions

  • Mahanth Automotives Private Limited was incorporated on 15 Feb 2006.

  • The authorized share capital of Mahanth Automotives Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Mahanth Automotives Private Limited.

    • Jayadev Agadi Yallappa
    • Shailaia Jayadevi Agadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahanth Automotives Private Limited is Plot No. 9-10-11, Apmc Yard Bhairidevarkoppa India, Hubballi, Karnataka, 580025.

  • The corporate identification number (CIN) of Mahanth Automotives Private Limited is U50101KA2006PTC038485 and the company number is 038485 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Mahanth Automotives Private Limited has fallen by -19.20%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Mahanth Automotives Private Limited has experienced an upsurge of 6.35%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Mahanth Automotives Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Mahanth Automotives Private Limited was filed with the ROC on 31 Mar 2024.

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