Mars Kinetek Elevators India Private Limited

Manufactures and trades elevators and various components made from metal, plastic, and alloys.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mars Kinetek Elevators India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.64 Cr
  • Satisfied Charges ₹ 23.74 Cr
  • Revenue Growth 36.58%
  • Profit Growth 12.50%
  • Ebitda 14.51%
  • Net Worth 20.59%
  • Total Assets 15.32%

About Mars Kinetek Elevators India

Mars Kinetek Elevators India Private Limited (MKEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 November 2011 and has a history of 13 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mass Punching Systems Private Limited. 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹26.64 Cr. The company has closed loans amounting to ₹23.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shobha Shivappanayaka and Basavaraju Deshani 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

    U29223KA2011PTC061042

  • Company No.

    061042

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Mars Kinetek Elevators India Private Limited offer?

Mars Kinetek Elevators India Private Limited offers a wide range of products and services, including Elevators & Escalators, Elevator Doors, Electric Motors and Components, Industrial Motors, Passenger Lifts, Capsule Lift, Elevator Part, Elevator Ceiling, Elevator Cabin, Elevator Car Frame.

Who are the key members and board of directors at Mars Kinetek Elevators India?

Executive Team (1)

NameDesignationAppointment DateStatus
Basavaraju Deshani Country flag representing In Managing Director30-Jul-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Shobha Shivappanayaka Country flag representing In Director 24-Jul-2018Current

Financial Performance of Mars Kinetek Elevators India.

Mars Kinetek Elevators India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.58% increase. The company also saw a substantial improvement in profitability, with a 12.5% increase in profit. The company's net worth Soared by an impressive increase of 20.59%.

Mars Kinetek Elevators India revenue growth over time
Mars Kinetek Elevators India 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
36.58%
Revenue from Operations
37.65%
Total Assets
15.32%
Profit or Loss
12.50%
Net Worth
20.59%
EBITDA
14.51%

What is the Ownership and Shareholding Structure of Mars Kinetek Elevators India?

In 2023, Mars Kinetek Elevators India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.64 Cr

Satisfied Charges

₹23.74 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.83 Cr
  • Others : 7.81 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2024Hdfc Bank Limited₹18.83 CrOpen
27 Feb 2024Others₹7.70 MOpen
30 Jul 2021Others₹1.60 MOpen
22 Sep 2017Others₹1.95 CrOpen
28 Jun 2017Others₹4.93 CrOpen

How Many Employees Work at Mars Kinetek Elevators India?

Mars Kinetek Elevators India has a workforce of 28 employees as of Apr 06, 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 Mars Kinetek Elevators India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mars Kinetek Elevators India, 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 Kinetek Elevators India'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 Mars Kinetek Elevators India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.83 Cr registered on 17 Sep 2024 with Charge ID 100996006 was modified on 25 Nov 2024.

  • Charges

    A charge registered on 22 May 2017 via Charge ID 100104671 with State Bank Of India was fully satisfied on 28 Oct 2024.

  • Annual General Meeting

    Mars Kinetek Elevators India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.83 Cr with Charge ID 100996006 was registered on 17 Sep 2024.

  • Balance Sheet

    Mars Kinetek Elevators India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 26 Aug 2015 via Charge ID 10590522 with Electronica Finance Limited was fully satisfied on 21 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mars Kinetek Elevators India Private Limited?

    Mars Kinetek Elevators India Private Limited was incorporated on 02 Nov 2011.

  • What is authorized share capital and paid-up capital of Mars Kinetek Elevators India Private Limited?

    The authorized share capital of Mars Kinetek Elevators India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Mars Kinetek Elevators India Private Limited?

    Currently 2 directors are associated with Mars Kinetek Elevators India Private Limited.

    • Shobha Shivappanayaka
    • Basavaraju Revanna Deshani

  • What is the registered address of Mars Kinetek Elevators India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mars Kinetek Elevators India Private Limited is 485/9 14Th Cross 4 Phase Peenya Industrial Area, Nellakadaranahal Li Village India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Mars Kinetek Elevators India Private Limited?

    The corporate identification number (CIN) of Mars Kinetek Elevators India Private Limited is U29223KA2011PTC061042 and the company number is 061042 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mars Kinetek Elevators India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mars Kinetek Elevators India Private Limited has risen by 36.58%.

  • How many employees does Mars Kinetek Elevators India Private Limited currently have?

    As Per 2023 financial reports, 28 employees are currently employed by Mars Kinetek Elevators India Private Limited.

  • What change has been observed in the net worth of Mars Kinetek Elevators India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mars Kinetek Elevators India Private Limited has experienced an upsurge of 20.59%.

  • What are the total open charges for Mars Kinetek Elevators India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mars Kinetek Elevators India Private Limited amount to ₹ 26.64 Cr.

  • When was the last Balance Sheet of Mars Kinetek Elevators India Private Limited filed with the ROC?

    The most recent Balance Sheet for Mars Kinetek Elevators India Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed