Maini Materials Movement Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.13 M
- Company Age 40 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 103.40 Cr
- Satisfied Charges ₹ 49.08 Cr
- Revenue Growth 60.74%
- Profit Growth 257.76%
- Ebitda 226.58%
- Net Worth 8.83%
- Total Assets 23.12%
About Maini Materials Movement
Maini Materials Movement Private Limited (MMMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 April 1984 and has a history of 40 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.13 M.
The company currently has active open charges totaling ₹103.40 Cr. The company has closed loans amounting to ₹49.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kewal Nohria, Gautam Maini, Sandeep Maini, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U60231KA1984PTC006017
- Company No.
006017
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Apr 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Maini Materials Movement Private Limited offer?
Maini Materials Movement Private Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Load Lifter, Material Handling Machines & Systems, Warehouse Stacker, Pallet Truck, Scissor Lifts, Carts, Dollies & Trolleys, Trolley Truck, E Vehicles, Electric Three Wheeler, Parts and Kits.
Who are the key members and board of directors at Maini Materials Movement?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Maini  | Managing Director | 27-Mar-1993 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chetan Maini | Director | 16-Apr-2016 | Current |
| Kewal Nohria | Director | 24-Sep-1998 | Current |
| Gautam Maini | Director | 16-Oct-2008 | Current |
Financial Performance of Maini Materials Movement.
Maini Materials Movement Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.74% increase. The company also saw a substantial improvement in profitability, with a 257.76% increase in profit. The company's net worth moved up by a moderate rise of 8.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Maini Materials Movement?
In 2022, Maini Materials Movement had a promoter holding of 100.00%. The company had 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
A-Kal Televerse Private LimitedChetan Maini is a mutual person
Sun Mobility Private LimitedSandeep Maini and Chetan Maini are mutual person
Grow Talent Company LimitedKewal Nohria is a mutual person
Maini Plastics And Composites Private LimitedGautam Maini and Sandeep Maini are mutual person
Coreel Technologies (India) Private LimitedKewal Nohria is a mutual person
Ypo South Asia ChapterSandeep Maini is a mutual person
Charges (Loans)
₹103.40 Cr
₹49.08 Cr
Charges Breakdown by Lending Institutions
- Others : 103.13 Cr
- Hdfc Bank Limited : 0.14 Cr
- Citi Bank N.A. : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2022 | Hdfc Bank Limited | ₹1.35 M | Open |
| 26 Nov 2020 | Others | ₹1.51 Cr | Open |
| 22 May 2018 | Others | ₹50.51 Cr | Open |
| 26 Mar 2018 | Others | ₹6.00 M | Open |
| 24 Oct 2016 | Citi Bank N.A. | ₹1.32 M | Open |
How Many Employees Work at Maini Materials Movement?
Maini Materials Movement has a workforce of 407 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 Maini Materials Movement, 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 Maini Materials Movement'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.
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