Mahindra Marine Private Limited

Manufactures and trades FRP boats and marine equipment for personal and commercial use.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Mahindra Marine Profile

Key Indicators

  • Authorised Capital ₹ 28.00 Cr
  • Paid Up Capital ₹ 28.00 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.80 Cr
  • Satisfied Charges ₹ 2.46 Cr
  • Revenue Growth -19.56%
  • Profit Growth -138.15%
  • Ebitda -199.69%
  • Net Worth -62.85%
  • Total Assets -41.03%

About Mahindra Marine

Mahindra Marine Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 September 2008 and has a history of 16 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mahindra Ocean Blue Marine Private Limited. The Company is engaged in the Transport And Logistics 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 28.00 Cr and a paid-up capital of Rs 28.00 Cr.

The company currently has active open charges totaling ₹47.80 Cr. The company has closed loans amounting to ₹2.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Sharma and Malav Shroff serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63032MH2008PTC186581

  • Company No.

    186581

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2008

  • Date of AGM

    29 May 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Mahindra Marine Private Limited offer?

Mahindra Marine Private Limited offers a wide range of products and services, including Boats.

Who are the key members and board of directors at Mahindra Marine?

Board Members (2)

NameDesignationAppointment DateStatus
Pradeep Sharma Country flag representing In Additional Director 05-Jun-2023Current
Malav Shroff Country flag representing In Director 09-Sep-2008Current

Financial Performance of Mahindra Marine.

Mahindra Marine Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.56% decrease. The company also saw a substantial fall in profitability, with a 138.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 62.85%.

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
-19.56%
Revenue from Operations
-24.96%
Total Assets
-41.03%
Profit or Loss
-138.15%
Net Worth
-62.85%
EBITDA
-199.69%

What is the Ownership and Shareholding Structure of Mahindra Marine?

In 2023, Mahindra Marine 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

₹47.80 Cr

Satisfied Charges

₹2.46 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.00 Cr
  • Others : 19.80 Cr
  • Kotak Mahindra Bank Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2020Axis Bank Limited₹22.00 CrOpen
17 Jan 2018Others₹19.80 CrOpen
08 Dec 2014Kotak Mahindra Bank Limited₹6.00 CrOpen
21 Mar 2014The Zoroastrian Co-Operative Bank Limited₹1.20 CrSatisfied
22 Jan 2014The Zoroastrian Co-Operative Bank Limited₹3.06 MSatisfied

How Many Employees Work at Mahindra Marine?

Mahindra Marine has a workforce of 10 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra Marine, 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 Marine'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 Mahindra Marine

Recent activity within the organization

  • Director Appointment

    Pradeep Sharma was appointed as a Additional Director was appointed as a Additional Director on 05 Jun 2023 & has been associated with this company since 1 year 8 months .

    05 Jun 2023

  • Annual General Meeting

    Mahindra Marine Private Limited last Annual general meeting of members was held on 29 May 2023 as per latest MCA records.

    29 May 2023

  • Balance Sheet

    Mahindra Marine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 19.80 Cr registered on 17 Jan 2018 with Charge ID 100153706 was modified on 27 Jan 2021.

    27 Jan 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 22.00 Cr with Charge ID 100393311 was registered on 20 Nov 2020.

    20 Nov 2020

  • Charges

    A charge with Others amounted to Rs. 19.80 Cr with Charge ID 100153706 was registered on 17 Jan 2018.

    17 Jan 2018

Recent News, Updates & Announcement

  • News icon
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    21 Mar 2024 Business Today

  • News icon
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    21 Mar 2024 Blogger

  • News icon
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    20 Mar 2024 OdishaDiary

  • News icon
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    14 Mar 2024 Thrust Zone

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Frequently asked questions

  • Mahindra Marine Private Limited was incorporated on 09 Sep 2008.

  • The authorized share capital of Mahindra Marine Private Limited is ₹ 28.00 Cr and paid-up capital is ₹ 28.00 Cr.

  • Currently 2 directors are associated with Mahindra Marine Private Limited.

    • Pradeep Sharma
    • Malav Rodhan Shroff
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Marine Private Limited is 239 Rupam Building 2Nd Floor P D Mello Road, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Mahindra Marine Private Limited is U63032MH2008PTC186581 and the company number is 186581 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Marine Private Limited is https://www.mahindraodyssea.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Marine Private Limited has fallen by -19.56%.

  • As Per 2023 financial reports, 10 employees are currently employed by Mahindra Marine Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Marine Private Limited has experienced an downturn of -62.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Marine Private Limited amount to ₹ 47.80 Cr.

  • The most recent Balance Sheet for Mahindra Marine Private Limited was filed with the ROC on 31 Mar 2023.

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