Mars Bearings Company Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.29 Cr
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.04 Cr
- Revenue Growth 2.82%
- Profit Growth -61.25%
- Ebitda -48.36%
- Net Worth 7.12%
- Total Assets -7.19%
About Mars Bearings Company
Mars Bearings Company Pvt Ltd (MBCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 September 1995 and has a history of 29 years and seven months. Its registered office is in Junagadh, Gujarat, 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 1.50 Cr and a paid-up capital of Rs 1.29 Cr.
The company has closed loans amounting to ₹1.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Hiteshbhai Solanki, Dharmendra Dave, Tarangkumar Mehta, and Eight other members serve as directors at the Company.
Company Details
- Location
Junagadh, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36999GJ1995PTC027479
- Company No.
027479
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Sep 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Mars Bearings Company Pvt Ltd offer?
Mars Bearings Company Pvt Ltd offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Cylindrical Roller Bearing, Roller Bearings, Thrust Bearings, Ball Bearings.
Mars Bearings Company Pvt Ltd
Explore comprehensive data for Mars Bearings Company Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mars Bearings Company?
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiteshbhai Solanki  | Director | 14-Sep-1995 | Current |
| Dharmendra Dave | Director | 14-Sep-1995 | Current |
| Tarangkumar Mehta | Director | 14-Sep-1995 | Current |
| Harjivan Bhalodiya | Director | 30-Sep-2003 | Current |
| Meenaxiben Solanki | Director | 30-Sep-2003 | Current |
| Anishaben Sorathia | Director | 30-Sep-2003 | Current |
Financial Performance of Mars Bearings Company.
Mars Bearings Company Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 2.82% increase. The company also saw a substantial fall in profitability, with a 61.25% decrease in profit. The company's net worth moved up by a moderate rise of 7.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mars Bearings Company?
In 2023, Mars Bearings Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vasudev Ginning & Pressing Private LimitedHiteshbhai Solanki is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.04 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 1.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2019 | Bank Of India | ₹6.75 M | Satisfied |
| 09 Dec 2013 | Bank Of India | ₹0.69 M | Satisfied |
| 17 Jun 2002 | Bank Of India | ₹1.69 M | Satisfied |
| 17 Jun 2002 | Bank Of India | ₹0.90 M | Satisfied |
| 17 Jun 2002 | Bank Of India | ₹0.40 M | Satisfied |
How Many Employees Work at Mars Bearings Company?
Unlock and access historical data on people associated with Mars Bearings Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mars Bearings Company, 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 Mars Bearings Company'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 Mars Bearings Company
Recent activity within the organization
- Annual General Meeting
Mars Bearings Company Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mars Bearings Company Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 15 Feb 2019 via Charge ID 100242458 with Bank Of India was fully satisfied on 30 May 2022.
- Charges
A charge registered on 09 Dec 2013 via Charge ID 10469850 with Bank Of India was fully satisfied on 04 Jul 2019.
- Charges
A charge registered on 17 Jun 2002 via Charge ID 80059168 with Bank Of India was fully satisfied on 04 Jul 2019.
- Charges
A charge registered on 17 Jun 2002 via Charge ID 80059167 with Bank Of India was fully satisfied on 04 Jul 2019.
Frequently asked questions
What is the Incorporation or founding date of Mars Bearings Company Pvt Ltd?
Mars Bearings Company Pvt Ltd was incorporated on 14 Sep 1995.
What is authorized share capital and paid-up capital of Mars Bearings Company Pvt Ltd?
The authorized share capital of Mars Bearings Company Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.29 Cr.
Who are the current board members & directors of Mars Bearings Company Pvt Ltd?
Currently 11 directors are associated with Mars Bearings Company Pvt Ltd.
- Hiteshbhai Mansukhlal Solanki
- Dharmendra Hariprasad Dave
- Tarangkumar Shirishbhai Mehta
- Harjivan Parsotam Bhalodiya
- Meenaxiben Hiteshkumar Solanki
- Anishaben Iqbalbhai Sorathia
- Nilima Natvar Sharma
- Iqbalbhai Sulemanbhai Sorathia
- Dipika Mehta Tarangbhai
- Natvar Rupranjan Sharma
- Roshani Harjivan Bhalodiya
What is the registered address of Mars Bearings Company Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Mars Bearings Company Pvt Ltd is 501 / 1 G I D C Iidolatpara India, Junagadh, Gujarat, 362001.
What is the corporate identification number (CIN) and company number of Mars Bearings Company Pvt Ltd?
The corporate identification number (CIN) of Mars Bearings Company Pvt Ltd is U36999GJ1995PTC027479 and the company number is 027479 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mars Bearings Company Pvt Ltd?
The Official website of Mars Bearings Company Pvt Ltd is https://www.sumobearing.com
What has been the recent revenue trend for Mars Bearings Company Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Mars Bearings Company Pvt Ltd has risen by 2.82%.
What change has been observed in the net worth of Mars Bearings Company Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mars Bearings Company Pvt Ltd has experienced an upsurge of 7.12%.
When was the last Balance Sheet of Mars Bearings Company Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Mars Bearings Company Pvt Ltd was filed with the ROC on 31 Mar 2024.
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