Mahindra Happinest Developers Profile
Key Indicators
- Authorised Capital ₹ 4.30 Cr
- Paid Up Capital ₹ 3.90 Cr
- Company Age 7 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.00 Cr
- Satisfied Charges ₹ 80.00 Cr
- Revenue Growth -59.25%
- Profit Growth 518.15%
- Ebitda -1749.46%
- Net Worth 15.19%
- Total Assets 0.97%
About Mahindra Happinest Developers
Mahindra Happinest Developers Limited (MHDL) is a Public Limited Indian Non-Government Company incorporated in India on 06 September 2017 (Seven years and four months 26 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Mahindra Happinest Developers Private Limited. The Company is engaged in the Real Estate And Construction 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 4.30 Cr and a paid-up capital of Rs 3.90 Cr.
The company currently has active open charges totaling ₹42.00 Cr. The company has closed loans amounting to ₹80.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amrita Chowdhury, Avinash Bapat, and Amit Sinha 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
U70100MH2017PLC299424
- Company No.
299424
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Sep 2017
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Mahindra Happinest Developers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amrita Chowdhury  | Additional Director | 28-Sep-2024 | Current |
| Avinash Bapat | Director | 16-May-2024 | Current |
| Amit Sinha | Director | 18-Apr-2023 | Current |
Financial Performance of Mahindra Happinest Developers.
Mahindra Happinest Developers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.25% decrease. The company also saw a substantial improvement in profitability, with a 518.15% increase in profit. The company's net worth Soared by an impressive increase of 15.19%.
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What is the Ownership and Shareholding Structure of Mahindra Happinest Developers?
In 2023, Mahindra Happinest Developers had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Zf Commercial Vehicle Control Systems India LimitedAmrita Chowdhury is a mutual person
Fifth Gear Ventures LimitedAmit Sinha is a mutual person
Nesco LimitedAmrita Chowdhury is a mutual person
Mahindra Water Utilities LimitedAmit Sinha is a mutual person
Gaia Smart Cities Solutions Private LimitedAmrita Chowdhury is a mutual person
Simmonds Marshall LimitedAmrita Chowdhury is a mutual person
Charges (Loans)
₹42.00 Cr
₹80.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 42.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2021 | Hdfc Bank Limited | ₹42.00 Cr | Open |
| 30 Jun 2018 | Others | ₹80.00 Cr | Satisfied |
How Many Employees Work at Mahindra Happinest Developers?
Mahindra Happinest Developers has a workforce of 52 employees as of Apr 05, 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 Mahindra Happinest Developers, 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 Mahindra Happinest Developers'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.
