Mahindra Susten Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 390.92 Cr
- Company Age 14 Year, 6 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 six 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepaksingh Thakur  | Managing Director | 16-Aug-2022 | Current |
| Mandar Joshi | Company Secretary | 28-Jul-2016 | Current |
| Rakesh Khaitan | CFO | 09-May-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Iyer | Director | 26-Oct-2018 | Current |
| Diwakar Gupta | Director | 21-Oct-2020 | Current |
| Anjali Gupta | Director | 25-Feb-2023 | Current |
Bruce Crane  | Director | 22-Dec-2022 | Current |
| Amit Sinha | Director | 28-Jul-2021 | Current |
| Amarjyoti Barua | Director | 17-May-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Nbs International LimitedRamesh Iyer is a mutual person
Mahindra Happinest Developers LimitedAmit Sinha is a mutual person
Smfg India Credit Company LimitedDiwakar Gupta is a mutual person
Mahindra Insurance Brokers LimitedAmarjyoti Barua is a mutual person
Mahindra Manulife Trustee Private LimitedAmarjyoti Barua is a mutual person
Fifth Gear Ventures LimitedAmit Sinha is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2020 | Others | ₹8.52 Cr | Open |
| 24 Dec 2019 | Others | ₹250.00 Cr | Open |
| 07 Aug 2018 | Hdfc Bank Limited | ₹0.60 M | Open |
| 28 Mar 2018 | Yes Bank Limited | ₹350.00 Cr | Open |
| 21 Nov 2016 | Others | ₹550.00 Cr | Open |
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.
Deals i
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
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 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.
- 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.
- 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.
- Annual General Meeting
Mahindra Susten Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.
- 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 10 months 8 days .
- 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 10 months 16 days .
Recent News, Updates & Announcement
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.
- 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..
- 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 Susten Private Limited?
Mahindra Susten Private Limited was incorporated on 19 Sep 2010.
What is authorized share capital and paid-up capital of Mahindra Susten Private Limited?
The authorized share capital of Mahindra Susten Private Limited is ₹ 500.00 Cr and paid-up capital is ₹ 390.92 Cr.
Who are the current board members & directors of Mahindra Susten Private Limited?
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
What is the registered address of Mahindra Susten Private Limited?
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.
What is the corporate identification number (CIN) and company number of Mahindra Susten Private Limited?
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).
What is the official website of Mahindra Susten Private Limited?
The Official website of Mahindra Susten Private Limited is https://www.mahindrasusten.com
What has been the recent revenue trend for Mahindra Susten Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Mahindra Susten Private Limited has fallen by -50.86%.
How many employees does Mahindra Susten Private Limited currently have?
As Per 2024 financial reports, 184 employees are currently employed by Mahindra Susten Private Limited.
What change has been observed in the net worth of Mahindra Susten Private Limited, and by what percentage?
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%.
What are the total open charges for Mahindra Susten Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Mahindra Susten Private Limited amount to ₹ 3,148.58 Cr.
When was the last Balance Sheet of Mahindra Susten Private Limited filed with the ROC?
The most recent Balance Sheet for Mahindra Susten Private Limited was filed with the ROC on 31 Mar 2024.
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