Mahelka Motors Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 56.60 Cr
- Satisfied Charges ₹ 10.50 Cr
- Revenue Growth 26.69%
- Profit Growth 14.83%
- Ebitda 131.86%
- Net Worth 28.81%
- Total Assets 63.56%
About Mahelka Motors
Mahelka Motors Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 August 2018 (Six years and five months 27 days old ). Its registered office is in Meerut, Uttar Pradesh, 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 3.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹56.60 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Praveen Jain, Nidhi Jain, Abhi Jain, and Three other members serve as directors at the Company.
Company Details
- Location
Meerut, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50400UP2018PTC107247
- Company No.
107247
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Mahelka Motors?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kriti Agarwal  | Director | 29-Aug-2018 | Current |
| Praveen Jain | Director | 19-Apr-2019 | Current |
| Nidhi Jain | Director | 29-Aug-2018 | Current |
| Abhi Jain | Director | 29-Aug-2018 | Current |
| Ayush Jain | Director | 02-Mar-2020 | Current |
| Siddharth Jain | Director | 02-Mar-2020 | Current |
Financial Performance of Mahelka Motors.
Mahelka Motors Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 26.69% increase. The company also saw a substantial improvement in profitability, with a 14.83% increase in profit. The company's net worth Soared by an impressive increase of 28.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mahelka Motors?
In 2024, Mahelka Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jai Kumar Arun Kumar Private LimitedPraveen Jain is a mutual person
Mahelka Bioenergy Private LimitedPraveen Jain is a mutual person
- Sidhbali Infrabuild Private Limited
Abhi Jain and Ayush Jain are mutual person
Charges (Loans)
₹56.60 Cr
₹10.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 34.39 Cr
- Axis Bank Limited : 15.00 Cr
- Others : 6.25 Cr
- Hdfc Bank Limited : 0.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2024 | Hdfc Bank Limited | ₹5.63 M | Open |
| 02 Feb 2024 | Hdfc Bank Limited | ₹4.00 M | Open |
| 21 Dec 2023 | Axis Bank Limited | ₹15.00 Cr | Open |
| 01 Aug 2023 | Others | ₹6.25 Cr | Open |
| 25 Jul 2019 | State Bank Of India | ₹34.39 Cr | Open |
How Many Employees Work at Mahelka Motors?
Mahelka Motors has a workforce of 39 employees as of Nov 23, 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 Mahelka Motors, 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 Mahelka Motors'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.