Marathwada Auto Cluster

Produces auto components, offers rapid prototyping, laser cutting, VMC machining, and training services.

2005 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 25, 2024

Marathwada Auto Cluster Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 6.10 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.08 Cr
  • Revenue Growth -43.84%
  • Profit Growth -7.38%
  • Ebitda 248.06%
  • Net Worth -7.28%
  • Total Assets -6.64%

About Marathwada Auto Cluster

Marathwada Auto Cluster (MAC) is a leading Public Not For Profit Company incorporated in India on 30 December 2005 and has a history of 19 years and one month. Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Automobile 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 1.50 Cr and a paid-up capital of Rs 6.10 M.

The company has closed loans amounting to ₹15.08 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tarang Jain, Umesh Dashrathi, Jayant Padalkar, and Eight other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U91120MH2005NPL158483

  • Company No.

    158483

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    30 Dec 2005

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automobile

What products or services does Marathwada Auto Cluster offer?

Marathwada Auto Cluster offers a wide range of products and services, including Optical, Laser Instruments & Devices, Optical Machine, Shearing, Trimming & Metal Profiling, Metal Slitting Machine, Educational Services, Training Institutes, Machines & Equipments, Industrial Machinery.

Who are the key members and board of directors at Marathwada Auto Cluster?

Executive Team (1)

NameDesignationAppointment DateStatus
Jayant Padalkar Country flag representing In Managing Director10-Jun-2013Current

Board Members (10)

NameDesignationAppointment DateStatus
Tarang Jain Country flag representing In Director 18-Oct-2011Current
Raman Ramakant Country flag representing In Director 31-May-2019Current
Munish Sharma Country flag representing In Director 18-Oct-2011Current
Umesh Dashrathi Country flag representing In Director 18-Oct-2011Current
Anurang Jain Country flag representing In Director 18-Oct-2011Current
Ajit Soundalgikar Country flag representing In Director 18-Dec-2021Current

Financial Performance of Marathwada Auto Cluster.

Marathwada Auto Cluster, for the financial year ended 2022, experienced significant reduction in revenue, with a 43.84% decrease. The company also saw a slight decrease in profitability, with a 7.38% decrease in profit. The company's net worth dipped by a decrease of 7.28%.

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
-43.84%
Revenue from Operations
-44.62%
Total Assets
-6.64%
Profit or Loss
-7.38%
Net Worth
-7.28%
EBITDA
248.06%

What is the Ownership and Shareholding Structure of Marathwada Auto Cluster?

In 2021, Marathwada Auto Cluster had a promoter holding of 70.46% and a public holding of 29.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.08 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2017Others₹2.00 CrSatisfied
04 Oct 2016Others₹1.76 CrSatisfied
09 Dec 2015Others₹11.32 CrSatisfied

How Many Employees Work at Marathwada Auto Cluster?

Marathwada Auto Cluster has a workforce of 41 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marathwada Auto Cluster, 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 Marathwada Auto Cluster'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 Marathwada Auto Cluster

Recent activity within the organization

  • Annual General Meeting

    Marathwada Auto Cluster last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Marathwada Auto Cluster has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ajit Gopalrao Soundalgikar was appointed as a Director was appointed as a Director on 18 Dec 2021 & has been associated with this company since 3 years 2 months .

    18 Dec 2021

  • Director Appointment

    Prasad Laxmikant Kokil was appointed as a Director was appointed as a Director on 27 Aug 2021 & has been associated with this company since 3 years 5 months .

    27 Aug 2021

  • Charges

    A charge registered on 19 Jun 2017 via Charge ID 100119595 with Others was fully satisfied on 19 Jan 2021.

    19 Jan 2021

  • Charges

    A charge registered on 09 Dec 2015 via Charge ID 100030435 with Others was fully satisfied on 19 Jan 2021.

    19 Jan 2021

Frequently asked questions

  • Marathwada Auto Cluster was incorporated on 30 Dec 2005.

  • The authorized share capital of Marathwada Auto Cluster is ₹ 1.50 Cr and paid-up capital is ₹ 6.10 M.

  • Currently 11 directors are associated with Marathwada Auto Cluster.

    • Tarang Naresh Jain
    • Umesh Martandrao Dashrathi
    • Jayant Krishnarao Padalkar
    • Anurang Nareshchandra Jain
    • Ajit Gopalrao Soundalgikar
    • Hemant Madhukar Kank
    • Raman Ajgaonkar Ramakant
    • Sacheen Madhukar Mulay
    • Prasad Laxmikant Kokil
    • Munish Sharma
    • Ashish Yashwant Garde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marathwada Auto Cluster is P-174, Midc Waluj India, Aurangabad, Maharashtra, 431136.

  • The corporate identification number (CIN) of Marathwada Auto Cluster is U91120MH2005NPL158483 and the company number is 158483 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Marathwada Auto Cluster is https://www.marathwadaautocluster.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Marathwada Auto Cluster has fallen by -43.84%.

  • As Per 2022 financial reports, 41 employees are currently employed by Marathwada Auto Cluster.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Marathwada Auto Cluster has experienced an downturn of -7.28%.

  • The most recent Balance Sheet for Marathwada Auto Cluster was filed with the ROC on 31 Mar 2024.

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