Mb Wheelers Ltd

Authorized dealer of Tata Motors, trading trucks and buses, also offering repair and manufacturing services.

2006 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Mb Wheelers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 19 Year, 29 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.00 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth 33.84%
  • Profit Growth 23.13%
  • Ebitda -13.82%
  • Net Worth 5.74%
  • Total Assets -12.08%

About Mb Wheelers

Mb Wheelers Ltd (MWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 2006 and has a history of 19 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹23.00 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shalini Modi, Anish Modi, and Tanmay Modi serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36900WB2006PLC107211

  • Company No.

    107211

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

Who are the key members and board of directors at Mb Wheelers?

Board Members (3)

Name Designation Appointment Date Status
Shalini Modi Country flag representing In Director 26-Jun-2019 Current
Anish Modi Country flag representing In Director 10-Jan-2006 Current
Tanmay Modi Country flag representing In Director 10-Jan-2006 Current

Financial Performance of Mb Wheelers.

Mb Wheelers Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 33.84% increase. The company also saw a substantial improvement in profitability, with a 23.13% increase in profit. The company's net worth moved up by a moderate rise of 5.74%.

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
33.84%
Revenue from Operations
35.62%
Total Assets
-12.08%
Profit or Loss
23.13%
Net Worth
5.74%
EBITDA
-13.82%

What is the Ownership and Shareholding Structure of Mb Wheelers?

In 2022, Mb Wheelers had a promoter holding of 68.60% and a public holding of 31.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.00 Cr

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.00 Cr
  • Standard Chartered Bank : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Nov 2017 Standard Chartered Bank ₹7.00 Cr Open
19 Feb 2013 State Bank Of India ₹16.00 Cr Open
12 Jan 2017 Others ₹5.00 Cr Satisfied
29 Dec 2006 Union Bank Of India ₹3.00 Cr Satisfied

How Many Employees Work at Mb Wheelers?

Unlock and access historical data on people associated with Mb Wheelers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mb Wheelers, 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 Mb Wheelers'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 Mb Wheelers

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 16.00 Cr registered on 19 Feb 2013 with Charge ID 10411110 was modified on 12 Jan 2024.

    12 Jan 2024

  • Annual General Meeting

    Mb Wheelers Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mb Wheelers Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Shalini Modi was appointed as a Director was appointed as a Director on 26 Jun 2019 & has been associated with this company since 5 years 7 months .

    26 Jun 2019

  • Charges

    A charge registered on 12 Jan 2017 via Charge ID 100075774 with Others was fully satisfied on 20 Mar 2018.

    20 Mar 2018

  • Charges

    A charge registered on 29 Dec 2006 via Charge ID 10034538 with Union Bank Of India was fully satisfied on 01 Dec 2017.

    01 Dec 2017

Frequently asked questions

  • Mb Wheelers Ltd was incorporated on 10 Jan 2006.

  • The authorized share capital of Mb Wheelers Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 3 directors are associated with Mb Wheelers Ltd.

    • Shalini Modi
    • Anish Modi
    • Tanmay Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mb Wheelers Ltd is Chamber No. 211 2Nd Floor Goverment Place North, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Mb Wheelers Ltd is U36900WB2006PLC107211 and the company number is 107211 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mb Wheelers Ltd has risen by 33.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mb Wheelers Ltd has experienced an upsurge of 5.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mb Wheelers Ltd amount to ₹ 23.00 Cr.

  • The most recent Balance Sheet for Mb Wheelers Ltd was filed with the ROC on 31 Mar 2023.

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