Mars Kinetek Elevators India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 13 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.36 Cr
- Satisfied Charges ₹ 9.19 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 three months. Its registered office is in Bangalore, 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 2023. 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 ₹22.36 Cr. The company has closed loans amounting to ₹9.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shobha Shivappanayaka and Basavaraju Deshani serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U29223KA2011PTC061042
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Company No.
061042
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Nov 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Basavaraju Deshani
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Managing Director | 30-Jul-2012 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Shobha Shivappanayaka
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Director | 24-Jul-2018 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Genesis Doors & Mass Engineering India Private LimitedBasavaraju Deshani is a mutual person
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Mass Elevators India Private Limited
Basavaraju Deshani is a mutual person
Charges (Loans)
₹22.36 Cr
₹9.19 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 14.55 Cr
- Others : 7.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2024 | Others | ₹7.70 M | Open |
| 30 Jul 2021 | Others | ₹1.60 M | Open |
| 22 Sep 2017 | Others | ₹1.95 Cr | Open |
| 28 Jun 2017 | Others | ₹4.93 Cr | Open |
| 22 May 2017 | State Bank Of India | ₹14.55 Cr | Open |
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.
Deals i
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
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.
