Mahindra Susten Private Limited

Provides EPC solutions and O&M services for solar power projects, also offers energy and engineering services.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: February 07, 2025

Mahindra Susten Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 390.92 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,148.58 Cr
  • Satisfied Charges ₹ 4,690.45 Cr
  • Revenue Growth -50.86%
  • Profit Growth 2381.18%
  • Ebitda -199.14%
  • Net Worth 76.76%
  • Total Assets -28.28%

About Mahindra Susten

Mahindra Susten Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 2010 and has a history of 14 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mahindra Epc Services Private Limited. The Company is engaged in the 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 500.00 Cr and a paid-up capital of Rs 390.92 Cr.

The company currently has active open charges totaling ₹3,148.58 Cr. The company has closed loans amounting to ₹4,690.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Susten Private Limited India are Deepaksingh Thakur as Ceo, Mandar Joshi as Company Secretary, and Rakesh Khaitan as Cfo. Ramesh Iyer, Anjali Gupta, Diwakar Gupta, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2010PTC207854

  • Company No.

    207854

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2010

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Construction
Energy

What products or services does Mahindra Susten Private Limited offer?

Mahindra Susten Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Building & Construction Machines, Concrete Equipment, Hardware: Hooks & Mounts, Industrial Mountings, Concrete Mixers, Solar Power Systems, Generator and Accessories, Solar Generator.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Deepaksingh Thakur Country flag representing In Managing Director16-Aug-2022Current
Mandar Joshi Company Secretary28-Jul-2016Current
Rakesh Khaitan Country flag representing In CFO09-May-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Ramesh Iyer Country flag representing In Director 26-Oct-2018Current
Diwakar Gupta Country flag representing In Director 21-Oct-2020Current
Anjali Gupta Country flag representing In Director 25-Feb-2023Current
Bruce Crane Country flag representing Us Director 22-Dec-2022Current
Amit Sinha Country flag representing In Director 28-Jul-2021Current
Amarjyoti Barua Country flag representing In Director 17-May-2024Current

Financial Performance of Mahindra Susten.

Mahindra Susten Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 50.86% decrease. The company also saw a substantial improvement in profitability, with a 2381.18% increase in profit. The company's net worth Soared by an impressive increase of 76.76%.

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
-50.86%
Revenue from Operations
-93.37%
Total Assets
-28.28%
Profit or Loss
2381.18%
Net Worth
76.76%
EBITDA
-199.14%

What is the Ownership and Shareholding Structure of Mahindra Susten?

In 2023, Mahindra Susten had a promoter holding of 70.00% and a public holding of 30.00%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,148.58 Cr

Satisfied Charges

₹4,690.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 1508.52 Cr
  • Axis Bank Limited : 700.00 Cr
  • Yes Bank Limited : 600.00 Cr
  • Hdfc Bank Limited : 340.06 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2020Others₹8.52 CrOpen
24 Dec 2019Others₹250.00 CrOpen
07 Aug 2018Hdfc Bank Limited₹0.60 MOpen
28 Mar 2018Yes Bank Limited₹350.00 CrOpen
21 Nov 2016Others₹550.00 CrOpen

How Many Employees Work at Mahindra Susten?

Mahindra Susten has a workforce of 184 employees as of Feb 07, 2025. 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 Susten, 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 Susten'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 Susten

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 340.00 Cr registered on 28 Jan 2016 with Charge ID 10623047 was modified on 20 Dec 2024.

    20 Dec 2024

  • Charges

    A charge with Others of Rs. 500.00 Cr registered on 28 Apr 2015 with Charge ID 10570422 was modified on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge with Others of Rs. 250.00 Cr registered on 24 Dec 2019 with Charge ID 100315312 was modified on 02 Aug 2024.

    02 Aug 2024

  • Annual General Meeting

    Mahindra Susten Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Director Appointment

    Amarjyoti Barua was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 9 months 7 days .

    17 May 2024

  • Director Appointment

    Rakesh Khaitan was appointed as a Cfo was appointed as a Cfo on 09 May 2024 & has been associated with this company since 9 months 15 days .

    09 May 2024

Recent News, Updates & Announcement

  • 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
    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
    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 Susten Private Limited was incorporated on 19 Sep 2010.

  • The authorized share capital of Mahindra Susten Private Limited is ₹ 500.00 Cr and paid-up capital is ₹ 390.92 Cr.

  • Currently 13 directors are associated with Mahindra Susten Private Limited.

    • Ramesh Ganesh Iyer
    • Anjali Gupta
    • Diwakar Gupta
    • Deepaksingh Chandrasingh Thakur
    • Bruce Ross Crane
    • Amit Kumar Sinha
    • Amarjyoti Barua
    • Puneet Renjhen
    • Debapratim Hajara
    • Saurabh Rastogi
    • Deepaksingh Chandrasingh Thakur
    • Mandar Joshi
    • Rakesh Khaitan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Susten Private Limited is Mahindra Towers Dr. G. M. Bhosale Marg P.K. Kurne Chowk, Worli India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Mahindra Susten Private Limited is U74990MH2010PTC207854 and the company number is 207854 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Susten Private Limited is https://www.mahindrasusten.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Mahindra Susten Private Limited has fallen by -50.86%.

  • As Per 2024 financial reports, 184 employees are currently employed by Mahindra Susten Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Mahindra Susten Private Limited has experienced an upsurge of 76.76%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Mahindra Susten Private Limited amount to ₹ 3,148.58 Cr.

  • The most recent Balance Sheet for Mahindra Susten Private Limited was filed with the ROC on 31 Mar 2024.

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