Mahindra Summit Agriscience Profile
Key Indicators
- Authorised Capital ₹ 190.00 Cr
- Paid Up Capital ₹ 188.11 Cr
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 45.00 Cr
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth 1.50%
- Profit Growth -645.41%
- Ebitda -346.21%
- Net Worth -4.20%
- Total Assets -2.27%
About Mahindra Summit Agriscience
Mahindra Summit Agriscience Limited (MSAL) is a Public Limited Indian Non-Government Company incorporated in India on 09 October 2018 (Six years and five months 23 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Agriculture 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 190.00 Cr and a paid-up capital of Rs 188.11 Cr.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahindra Summit Agriscience Limited India are Sandeep Gadre as Ceo, Nilesh Totla as Cfo, and Madhurani Mayekar as Company Secretary. Sandeep Gadre, Manaswini Goel, Kiyotaka Masuda, and Two other members 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
U01400MH2018PLC315558
- Company No.
315558
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Oct 2018
- Date of AGM
17 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Agriculture
Who are the key members and board of directors at Mahindra Summit Agriscience?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Gadre  | CEO | 01-Aug-2019 | Current |
| Nilesh Totla | CFO | 08-Mar-2024 | Current |
| Madhurani Mayekar | Company Secretary | 31-Jul-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Gadre | Whole-Time Director and Ceo | 09-Oct-2018 | Current |
| Manaswini Goel | Director | 07-May-2020 | Current |
Kiyotaka Masuda  | Whole-Time Director | 17-Oct-2022 | Current |
| Hiromichi Maruyama | Director | 27-Jan-2022 | Current |
Ramesh Ramachandran  | Additional Director | Current |
Financial Performance of Mahindra Summit Agriscience.
Mahindra Summit Agriscience Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.5% increase. The company also saw a substantial fall in profitability, with a 645.41% decrease in profit. The company's net worth dipped by a decrease of 4.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahindra Summit Agriscience?
In 2023, Mahindra Summit Agriscience had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mahindra Hzpc Private LimitedRamesh Ramachandran is a mutual person
Mahindra Electrical Steel Private LimitedManaswini Goel is a mutual person
Mahindra Epc Irrigation LimitedRamesh Ramachandran is a mutual person
Mahindra Aerostructures Private LimitedManaswini Goel is a mutual person
- Mahindra Agri Solutions Limited
Ramesh Ramachandran is a mutual person
- Mahindra Fruits Private Limited
Ramesh Ramachandran is a mutual person
Charges (Loans)
Open Charges
₹45.00 Cr
Satisfied Charges
₹30.00 Cr
Charges Breakdown by Lending Institutions
- Others : 40.00 Cr
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 09 Mar 2020 | Others | ₹40.00 Cr | Open |
| 25 Apr 2019 | Yes Bank Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Mahindra Summit Agriscience?
Mahindra Summit Agriscience has a workforce of 175 employees as of Apr 08, 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 Summit Agriscience, 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 Summit Agriscience'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.
Latest Updates, News, and FAQs on Mahindra Summit Agriscience
Recent activity within the organization
- Annual General Meeting
Mahindra Summit Agriscience Limited last Annual general meeting of members was held on 17 Jul 2024 as per latest MCA records.
- Balance Sheet
Mahindra Summit Agriscience Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Nilesh Kumar Totla was appointed as a Cfo was appointed as a Cfo on 08 Mar 2024 & has been associated with this company since 1 year 23 days .
- Charges
A charge with Others of Rs. 40.00 Cr registered on 09 Mar 2020 with Charge ID 100331844 was modified on 20 Mar 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 24 Aug 2021 with Charge ID 100479520 was modified on 21 Oct 2022.
- Director Appointment
Kiyotaka Masuda was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .
Recent News, Updates & Announcement
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..
- 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.
- 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.
- 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..
Frequently asked questions
What is the Incorporation or founding date of Mahindra Summit Agriscience Limited?
Mahindra Summit Agriscience Limited was incorporated on 09 Oct 2018.
What is authorized share capital and paid-up capital of Mahindra Summit Agriscience Limited?
The authorized share capital of Mahindra Summit Agriscience Limited is ₹ 190.00 Cr and paid-up capital is ₹ 188.11 Cr.
Who are the current board members & directors of Mahindra Summit Agriscience Limited?
Currently 8 directors are associated with Mahindra Summit Agriscience Limited.
- Sandeep Bhargav Gadre
- Manaswini Goel
- Kiyotaka Masuda
- Hiromichi Maruyama
- Ramesh Ramachandran
- Sandeep Bhargav Gadre
- Nilesh Kumar Totla
- Madhurani Mayekar
What is the registered address of Mahindra Summit Agriscience Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Summit Agriscience Limited is Mahindra Towers Dr. G. M. Bhosale Marg P. K Kurne Chowk, Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Mahindra Summit Agriscience Limited?
The corporate identification number (CIN) of Mahindra Summit Agriscience Limited is U01400MH2018PLC315558 and the company number is 315558 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahindra Summit Agriscience Limited?
The Official website of Mahindra Summit Agriscience Limited is https://www.mahindraagri.com
What has been the recent revenue trend for Mahindra Summit Agriscience Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mahindra Summit Agriscience Limited has risen by 1.50%.
How many employees does Mahindra Summit Agriscience Limited currently have?
As Per 2022 financial reports, 175 employees are currently employed by Mahindra Summit Agriscience Limited.
What change has been observed in the net worth of Mahindra Summit Agriscience Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mahindra Summit Agriscience Limited has experienced an downturn of -4.20%.
What are the total open charges for Mahindra Summit Agriscience Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Mahindra Summit Agriscience Limited amount to ₹ 45.00 Cr.
When was the last Balance Sheet of Mahindra Summit Agriscience Limited filed with the ROC?
The most recent Balance Sheet for Mahindra Summit Agriscience Limited was filed with the ROC on 31 Mar 2024.
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