Mahelka Motors Private Limited

Imports and distributes vehicles and their parts and accessories.

2018 | Meerut, Uttar Pradesh (India) | Active
Last Updated:

Mahelka Motors Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 6 Year, 6 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 six months 30 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

Automotive

Who are the key members and board of directors at Mahelka Motors?

Board Members (6)

NameDesignationAppointment DateStatus
Kriti Agarwal Country flag representing In Director 29-Aug-2018Current
Praveen Jain Country flag representing In Director 19-Apr-2019Current
Nidhi Jain Country flag representing In Director 29-Aug-2018Current
Abhi Jain Country flag representing In Director 29-Aug-2018Current
Ayush Jain Country flag representing In Director 02-Mar-2020Current
Siddharth Jain Country flag representing In Director 02-Mar-2020Current

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%.

Mahelka Motors revenue growth over time
Mahelka Motors 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
26.69%
Revenue from Operations
27.07%
Total Assets
63.56%
Profit or Loss
14.83%
Net Worth
28.81%
EBITDA
131.86%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.60 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
17 May 2024Hdfc Bank Limited₹5.63 MOpen
02 Feb 2024Hdfc Bank Limited₹4.00 MOpen
21 Dec 2023Axis Bank Limited₹15.00 CrOpen
01 Aug 2023Others₹6.25 CrOpen
25 Jul 2019State Bank Of India₹34.39 CrOpen

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.

Employee growth trends for Mahelka Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 Mahelka Motors

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.56 Cr with Charge ID 100950179 was registered on 17 May 2024.

  • Balance Sheet

    Mahelka Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100890043 was registered on 02 Feb 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 21 Dec 2023 with Charge ID 100839697 was modified on 26 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100839697 was registered on 21 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Mahelka Motors Private Limited?

    Mahelka Motors Private Limited was incorporated on 29 Aug 2018.

  • What is authorized share capital and paid-up capital of Mahelka Motors Private Limited?

    The authorized share capital of Mahelka Motors Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Mahelka Motors Private Limited?

    Currently 6 directors are associated with Mahelka Motors Private Limited.

    • Praveen Kumar Jain
    • Nidhi Jain
    • Abhi Jain
    • Kriti Agarwal
    • Ayush Jain
    • Siddharth Jain

  • What is the registered address of Mahelka Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahelka Motors Private Limited is 171 New Prem Puri Railway Road India, Meerut, Uttar Pradesh, 250002.

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

    The corporate identification number (CIN) of Mahelka Motors Private Limited is U50400UP2018PTC107247 and the company number is 107247 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mahelka Motors Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Mahelka Motors Private Limited has risen by 26.69%.

  • How many employees does Mahelka Motors Private Limited currently have?

    As Per 2024 financial reports, 39 employees are currently employed by Mahelka Motors Private Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Mahelka Motors Private Limited has experienced an upsurge of 28.81%.

  • What are the total open charges for Mahelka Motors Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Mahelka Motors Private Limited amount to ₹ 56.60 Cr.

  • When was the last Balance Sheet of Mahelka Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahelka Motors Private Limited was filed with the ROC on 31 Mar 2024.