Mahendra Credit And Investment Co Private Limited

Trading of cotton yarn and acting as managing agents for Mahendra Mills.

1945 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 27, 2025

Mahendra Credit And Investment Co Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 8.21 M
  • Company Age 79 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.32 Cr
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 68.55%
  • Profit Growth 88.23%
  • Ebitda 54.81%
  • Net Worth 25.50%
  • Total Assets 0.67%

About Mahendra Credit And Investment Co

Mahendra Credit And Investment Co Private Limited (MCAICPL) was founded in India on 18 May 1945 and has a glorious history of 79 years and eight months.Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Mahendra Credit And Investment Co Limited. The Company is engaged in the Home & Lifestyle 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 1.50 Cr and a paid-up capital of Rs 8.21 M.

The company currently has active open charges totaling ₹13.32 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Tushar Mahendrabhai and Tejalben Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ1945PTC000416

  • Company No.

    000416

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1945

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Mahendra Credit And Investment Co?

Board Members (2)

Name Designation Appointment Date Status
Tushar Mahendrabhai Country flag representing In Director 13-Jun-1990 Current
Tejalben Patel Country flag representing Gb Director 01-Oct-2005 Current

Financial Performance of Mahendra Credit And Investment Co.

Mahendra Credit And Investment Co Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.55% increase. The company also saw a substantial improvement in profitability, with a 88.23% increase in profit. The company's net worth Soared by an impressive increase of 25.5%.

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
68.55%
Revenue from Operations
15.12%
Total Assets
0.67%
Profit or Loss
88.23%
Net Worth
25.50%
EBITDA
54.81%

What is the Ownership and Shareholding Structure of Mahendra Credit And Investment Co?

Unlock access to Mahendra Credit And Investment Co's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.32 Cr

Satisfied Charges

₹0.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.52 Cr
  • Standard Chartered Bank : 0.80 Cr
  • The Navdeep Co - Op. Bank Ltd. : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2024 Standard Chartered Bank ₹8.00 M Open
16 May 2024 Others ₹1.60 Cr Open
27 Jul 2006 Others ₹10.92 Cr Open
01 Feb 1983 The Navdeep Co - Op. Bank Ltd. ₹0.05 M Open
20 Nov 2004 Sardar Vallabbhai Sahakari Bank Ltd. ₹2.00 M Satisfied

How Many Employees Work at Mahendra Credit And Investment Co?

Unlock and access historical data on people associated with Mahendra Credit And Investment Co, 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 Mahendra Credit And Investment Co, 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 Mahendra Credit And Investment Co'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 Mahendra Credit And Investment Co

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.80 Cr with Charge ID 100950681 was registered on 27 Jun 2024.

    27 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100932204 was registered on 16 May 2024.

    16 May 2024

  • Annual General Meeting

    Mahendra Credit And Investment Co Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mahendra Credit And Investment Co Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.92 Cr registered on 27 Jul 2006 with Charge ID 10012971 was modified on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge registered on 20 Nov 2004 via Charge ID 90096939 with Sardar Vallabbhai Sahakari Bank Ltd. was fully satisfied on 16 Apr 2016.

    16 Apr 2016

Frequently asked questions

  • Mahendra Credit And Investment Co Private Limited was incorporated on 18 May 1945.

  • The authorized share capital of Mahendra Credit And Investment Co Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 8.21 M.

  • Currently 2 directors are associated with Mahendra Credit And Investment Co Private Limited.

    • Tushar Patel Mahendrabhai
    • Tejalben Tusharbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahendra Credit And Investment Co Private Limited is Parshwanath Chambers 2Nd Floornr New R B I Income Circle India, Ahmedabad, Gujarat, 380014.

  • The corporate identification number (CIN) of Mahendra Credit And Investment Co Private Limited is U74999GJ1945PTC000416 and the company number is 000416 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahendra Credit And Investment Co Private Limited has risen by 68.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahendra Credit And Investment Co Private Limited has experienced an upsurge of 25.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahendra Credit And Investment Co Private Limited amount to ₹ 13.32 Cr.

  • The most recent Balance Sheet for Mahendra Credit And Investment Co Private Limited was filed with the ROC on 31 Mar 2023.

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