Medikonda Automotives (I) Private Limited

Authorized dealer of Mahindra Trucks and Buses, offering sales, servicing, and leasing of automobiles.

2009 | Nellore, Andhra Pradesh (India) | Active
Last Updated: December 14, 2024

Medikonda Automotives (I) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth -89.46%
  • Profit Growth -234.00%
  • Ebitda -266.31%
  • Net Worth -11.92%
  • Total Assets -48.24%

About Medikonda Automotives (I)

Medikonda Automotives (I) Private Limited (MAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 November 2009 and has a history of 15 years and three months. Its registered office is in Nellore, Andhra Pradesh, 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 2022. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company has closed loans amounting to ₹8.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Medikonda Sneha and Medikonda Mohan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34100AP2009PTC065819

  • Company No.

    065819

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Automotive

What products or services does Medikonda Automotives (I) Private Limited offer?

Medikonda Automotives (I) Private Limited offers a wide range of products and services, including Building & Construction Machines, Drum Mixers, Commercial Vehicles & Three Wheelers, Van, Medium & Heavy Commercial Vehicles.

Who are the key members and board of directors at Medikonda Automotives (I)?

Board Members (2)

NameDesignationAppointment DateStatus
Medikonda Sneha Country flag representing In Director 13-Nov-2009Current
Medikonda Mohan Country flag representing In Director 13-Nov-2009Current

Financial Performance of Medikonda Automotives (I).

Medikonda Automotives (I) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 89.46% decrease. The company also saw a substantial fall in profitability, with a 234% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.92%.

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
-89.46%
Revenue from Operations
-89.65%
Total Assets
-48.24%
Profit or Loss
-234.00%
Net Worth
-11.92%
EBITDA
-266.31%

What is the Ownership and Shareholding Structure of Medikonda Automotives (I)?

In 2022, Medikonda Automotives (I) 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

₹0

Satisfied Charges

₹8.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.50 Cr
  • Andhra Pradesh Financial Corporation : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Nov 2013Andhra Pradesh Financial Corporation₹3.50 CrSatisfied
11 Jan 2010Axis Bank Limited₹4.50 CrSatisfied

How Many Employees Work at Medikonda Automotives (I)?

Unlock and access historical data on people associated with Medikonda Automotives (I), 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 Medikonda Automotives (I), 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 Medikonda Automotives (I)'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 Medikonda Automotives (I)

Recent activity within the organization

  • Annual General Meeting

    Medikonda Automotives (I) Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Medikonda Automotives (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.

    31 Mar 2022

  • Charges

    A charge registered on 28 Nov 2013 via Charge ID 10463503 with Andhra Pradesh Financial Corporation was fully satisfied on 26 Apr 2019.

    26 Apr 2019

  • Charges

    A charge with Andhra Pradesh Financial Corporation amounted to Rs. 3.50 Cr with Charge ID 10463503 was registered on 28 Nov 2013.

    28 Nov 2013

  • Charges

    A charge registered on 11 Jan 2010 via Charge ID 10198758 with Axis Bank Limited was fully satisfied on 27 Aug 2013.

    27 Aug 2013

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.50 Cr with Charge ID 10198758 was registered on 11 Jan 2010.

    11 Jan 2010

Frequently asked questions

  • Medikonda Automotives (I) Private Limited was incorporated on 13 Nov 2009.

  • The authorized share capital of Medikonda Automotives (I) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Medikonda Automotives (I) Private Limited.

    • Medikonda Sneha
    • Medikonda Padma Mohan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medikonda Automotives (I) Private Limited is Plot No. 139 Ida - Venkatachalam Opp : Fci Godown, Nh 5 India, Nellore, Andhra Pradesh, 524004.

  • The corporate identification number (CIN) of Medikonda Automotives (I) Private Limited is U34100AP2009PTC065819 and the company number is 065819 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medikonda Automotives (I) Private Limited is https://www.mahindratruckandbus.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Medikonda Automotives (I) Private Limited has fallen by -89.46%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Medikonda Automotives (I) Private Limited has experienced an downturn of -11.92%.

  • The most recent Balance Sheet for Medikonda Automotives (I) Private Limited was filed with the ROC on 31 Mar 2022.