Mahindra World City Developers Profile
Key Indicators
- Authorised Capital ₹ 155.50 Cr
- Paid Up Capital ₹ 140.25 Cr
- Company Age 28 Year, 11 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 295.00 Cr
- Satisfied Charges ₹ 1,403.50 Cr
- Revenue Growth 519.78%
- Profit Growth 224.89%
- Ebitda 1804.94%
- Net Worth 24.09%
- Total Assets 61.43%
About Mahindra World City Developers
Mahindra World City Developers Limited (MWCDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 February 1997 and has a history of 28 years. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Mahindra Industrial Park Limited. The Company is engaged in the Infrastructure And Utilities 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 155.50 Cr and a paid-up capital of Rs 140.25 Cr.
The company currently has active open charges totaling ₹295.00 Cr. The company has closed loans amounting to ₹1,403.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahindra World City Developers Limited India are Avinash Bapat as Ceo, Pulipati Bhaskar as Cfo, and Aman Desai as Company Secretary. Ramachandran Karthikeyan, Amrita Chowdhury, and Amit Sinha serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U92490TN1997PLC037551
- Company No.
037551
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Feb 1997
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Infrastructure and Utilities
Real Estate and Construction
Who are the key members and board of directors at Mahindra World City Developers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avinash Bapat  | CEO | 10-May-2024 | Current |
| Pulipati Bhaskar | CFO | 31-Jan-2023 | Current |
| Aman Desai | Company Secretary | 30-Jan-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amrita Chowdhury | Director | 30-Nov-2022 | Current |
| Ramachandran Karthikeyan | Director | 02-Apr-2024 | Current |
| Amit Sinha | Director | 21-Apr-2023 | Current |
Financial Performance of Mahindra World City Developers.
Mahindra World City Developers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 519.78% increase. The company also saw a substantial improvement in profitability, with a 224.89% increase in profit. The company's net worth Soared by an impressive increase of 24.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahindra World City Developers?
In 2023, Mahindra World City Developers had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tiruchirapalli Engineering And Technology ClusterRamachandran Karthikeyan is a mutual person
Tanflora Infrastructure Park LimitedRamachandran Karthikeyan is a mutual person
Tamilnadu Trade Promotion OrganisationRamachandran Karthikeyan is a mutual person
Mahindra Happinest Developers LimitedAmrita Chowdhury and Amit Sinha are mutual person
Zf Commercial Vehicle Control Systems India LimitedAmrita Chowdhury is a mutual person
Tanfac Industries LimitedRamachandran Karthikeyan is a mutual person
Charges (Loans)
Open Charges
₹295.00 Cr
Satisfied Charges
₹1,403.50 Cr
Charges Breakdown by Lending Institutions
- Others : 270.00 Cr
- Axis Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2022 | Others | ₹270.00 Cr | Open |
| 13 Jan 2020 | Axis Bank Limited | ₹25.00 Cr | Open |
| 14 Sep 2021 | Others | ₹49.00 Cr | Satisfied |
| 09 Dec 2020 | Others | ₹45.00 Cr | Satisfied |
| 20 Jun 2018 | Others | ₹325.00 Cr | Satisfied |
How Many Employees Work at Mahindra World City Developers?
Mahindra World City Developers has a workforce of 62 employees as of Mar 31, 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 World City 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 World City 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.
Latest Updates, News, and FAQs on Mahindra World City Developers
Recent activity within the organization
- Annual General Meeting
Mahindra World City Developers Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.
- Director Appointment
Avinash Ashok Bapat was appointed as a Ceo was appointed as a Ceo on 10 May 2024 & has been associated with this company since 9 months 23 days .
- Director Appointment
Ramachandran Karthikeyan was appointed as a Director was appointed as a Director on 02 Apr 2024 & has been associated with this company since 11 months .
- Balance Sheet
Mahindra World City Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Aman Jayesh Desai was appointed as a Company Secretary was appointed as a Company Secretary on 30 Jan 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge registered on 09 Dec 2020 via Charge ID 100402229 with Others was fully satisfied on 14 Aug 2023.
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 World City Developers Limited?
Mahindra World City Developers Limited was incorporated on 19 Feb 1997.
What is authorized share capital and paid-up capital of Mahindra World City Developers Limited?
The authorized share capital of Mahindra World City Developers Limited is ₹ 155.50 Cr and paid-up capital is ₹ 140.25 Cr.
Who are the current board members & directors of Mahindra World City Developers Limited?
Currently 6 directors are associated with Mahindra World City Developers Limited.
- Ramachandran Karthikeyan
- Amrita Verma Chowdhury
- Amit Kumar Sinha
- Avinash Ashok Bapat
- Pulipati Bhaskar
- Aman Jayesh Desai
What is the registered address of Mahindra World City Developers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra World City Developers Limited is Ground Floor 'Mahindra Towers 17/18 Patulous Road, India, Chennai.600 002, Tamil Nadu, 600006.
What is the corporate identification number (CIN) and company number of Mahindra World City Developers Limited?
The corporate identification number (CIN) of Mahindra World City Developers Limited is U92490TN1997PLC037551 and the company number is 037551 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahindra World City Developers Limited?
The Official website of Mahindra World City Developers Limited is https://www.mahindraworldcity.com
What has been the recent revenue trend for Mahindra World City Developers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra World City Developers Limited has risen by 519.78%.
How many employees does Mahindra World City Developers Limited currently have?
As Per 2023 financial reports, 62 employees are currently employed by Mahindra World City Developers Limited.
What change has been observed in the net worth of Mahindra World City Developers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra World City Developers Limited has experienced an upsurge of 24.09%.
What are the total open charges for Mahindra World City Developers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mahindra World City Developers Limited amount to ₹ 295.00 Cr.
When was the last Balance Sheet of Mahindra World City Developers Limited filed with the ROC?
The most recent Balance Sheet for Mahindra World City Developers Limited was filed with the ROC on 31 Mar 2024.
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