Mandovi Motors Private Limited

Authorized dealer for Maruti Suzuki, offering new and used cars, after sale services, and driving schools.

1999 | Dakshina Kannada, Karnataka (India) | Active
Last Updated:

Mandovi Motors Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.90 Cr
  • Company Age 26 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 399.64 Cr
  • Satisfied Charges ₹ 44.33 Cr
  • Revenue Growth 39.35%
  • Profit Growth 356.98%
  • Ebitda 86.21%
  • Net Worth 13.18%
  • Total Assets 14.31%

About Mandovi Motors

Mandovi Motors Private Limited (MMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 1999 and has a history of 26 years. Its registered office is in Dakshina Kannada, Karnataka, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.90 Cr.

The company currently has active open charges totaling ₹399.64 Cr. The company has closed loans amounting to ₹44.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aroor Rao, Aroor Rao, Aroor Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300KA1999PTC024799

  • Company No.

    024799

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Mandovi Motors Private Limited offer?

Mandovi Motors Private Limited offers a wide range of products and services, including Cars, Motor Cars, Luxury Car, Used Machinery & Tools, Second Hand Vehicles, Motorcycles and Cars, Car Rental, Outstation Car Rental, Second Hand Cars, Maruti Second Hand Cars.

Who are the key members and board of directors at Mandovi Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Aroor Rao Country flag representing In Managing Director22-Feb-1999Current

Board Members (3)

NameDesignationAppointment DateStatus
Aroor Rao Country flag representing In Director 22-Feb-1999Current
Aroor Rao Country flag representing In Director 22-Feb-1999Current
Aroor Rao Country flag representing In Director 01-Apr-2006Current

Financial Performance of Mandovi Motors.

Mandovi Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.35% increase. The company also saw a substantial improvement in profitability, with a 356.98% increase in profit. The company's net worth Soared by an impressive increase of 13.18%.

Mandovi Motors revenue growth over time
Mandovi Motors 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
39.35%
Revenue from Operations
42.91%
Total Assets
14.31%
Profit or Loss
356.98%
Net Worth
13.18%
EBITDA
86.21%

What is the Ownership and Shareholding Structure of Mandovi Motors?

In 2023, Mandovi Motors had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹399.64 Cr

Satisfied Charges

₹44.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 227.41 Cr
  • Axis Bank Limited : 54.30 Cr
  • Ing Vysya Bank Limited : 32.00 Cr
  • State Bank Of India : 28.00 Cr
  • L & T Finance Limited : 25.00 Cr
  • Others : 32.93 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Others₹2.41 MOpen
02 Aug 2024Others₹25.00 CrOpen
29 Mar 2024Others₹1.60 MOpen
27 Jul 2023Hdfc Bank Limited₹10.00 CrOpen
31 May 2023Others₹3.74 CrOpen

How Many Employees Work at Mandovi Motors?

Mandovi Motors has a workforce of 4019 employees as of Apr 04, 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.

Employee growth trends for Mandovi Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mandovi Motors, 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 Mandovi Motors'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 Mandovi Motors

Recent activity within the organization

  • Charges

    A charge registered on 26 Feb 2020 via Charge ID 100331624 with Karnataka Bank Ltd. was fully satisfied on 23 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100988725 was registered on 30 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100984196 was registered on 02 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100898613 was registered on 29 Mar 2024.

  • Charges

    A charge with State Bank Of India of Rs. 28.00 Cr registered on 06 Dec 2010 with Charge ID 10253735 was modified on 28 Mar 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 54.30 Cr registered on 18 Feb 2019 with Charge ID 100243804 was modified on 20 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mandovi Motors Private Limited?

    Mandovi Motors Private Limited was incorporated on 22 Feb 1999.

  • What is authorized share capital and paid-up capital of Mandovi Motors Private Limited?

    The authorized share capital of Mandovi Motors Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.90 Cr.

  • Who are the current board members & directors of Mandovi Motors Private Limited?

    Currently 4 directors are associated with Mandovi Motors Private Limited.

    • Aroor Kishore Rao
    • Aroor Ashok Rao
    • Aroor Sanjay Rao
    • Aroor Anitha Rao

  • What is the registered address of Mandovi Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mandovi Motors Private Limited is Balmatta Road, India, Mangalore., Karnataka, 575001.

  • What is the corporate identification number (CIN) and company number of Mandovi Motors Private Limited?

    The corporate identification number (CIN) of Mandovi Motors Private Limited is U34300KA1999PTC024799 and the company number is 024799 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mandovi Motors Private Limited?

    The Official website of Mandovi Motors Private Limited is https://www.mandovi.in

  • What has been the recent revenue trend for Mandovi Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mandovi Motors Private Limited has risen by 39.35%.

  • How many employees does Mandovi Motors Private Limited currently have?

    As Per 2023 financial reports, 4019 employees are currently employed by Mandovi Motors Private Limited.

  • What change has been observed in the net worth of Mandovi Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mandovi Motors Private Limited has experienced an upsurge of 13.18%.

  • What are the total open charges for Mandovi Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mandovi Motors Private Limited amount to ₹ 399.64 Cr.

  • When was the last Balance Sheet of Mandovi Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Mandovi Motors Private Limited was filed with the ROC on 31 Mar 2023.

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