Max Auto Cables Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.15 M
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.47 Cr
- Satisfied Charges ₹ 5.37 Cr
- Revenue Growth 23.69%
- Profit Growth -88.91%
- Ebitda -0.98%
- Net Worth 2.19%
- Total Assets 6.43%
About Max Auto Cables
Max Auto Cables Private Limited (MACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 May 1994 and has a history of 30 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 2.15 M.
The company currently has active open charges totaling ₹13.47 Cr. The company has closed loans amounting to ₹5.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31300KA1994PTC015596
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Company No.
015596
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 May 1994
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Max Auto Cables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ningaraj Ammanagi
|
Managing Director | 06-May-1994 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Srikanth Ammanagi
|
Director | 06-May-1994 | Current |
|
Shankar Ammanagi
|
Director | 28-Jan-1998 | Current |
Financial Performance of Max Auto Cables.
Max Auto Cables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.69% increase. The company also saw a substantial fall in profitability, with a 88.91% decrease in profit. The company's net worth moved up by a moderate rise of 2.19%.
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What is the Ownership and Shareholding Structure of Max Auto Cables?
In 2023, Max Auto Cables had a promoter holding of 72.09% and a public holding of 27.91%. 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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Max Popular Flexi - Cables Private LimitedSrikanth Ammanagi is a mutual person
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B R S Precision Manufacturing Private Limited
Ningaraj Ammanagi is a mutual person
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Ray Komponents Private Limited
Ningaraj Ammanagi is a mutual person
Charges (Loans)
₹134.72 M
₹53.71 M
Charges Breakdown by Lending Institutions
- Others : 8.86 Cr
- Sidbi : 1.86 Cr
- Karnataka State Financial Corporation : 1.40 Cr
- Axis Bank Limited : 0.86 Cr
- Uti Bank Limited : 0.25 Cr
- Others : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2024 | Others | ₹2.55 Cr | Open |
| 19 Dec 2022 | Others | ₹4.40 M | Open |
| 19 Dec 2022 | Others | ₹2.80 M | Open |
| 19 Dec 2022 | Others | ₹3.47 M | Open |
| 19 Dec 2022 | Others | ₹2.98 M | Open |
How Many Employees Work at Max Auto Cables?
Max Auto Cables has a workforce of 31 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Max Auto Cables, 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 Max Auto Cables'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.