Mehta Automobiles Pvt Ltd
Company specializes in trading and servicing of vehicles, spare parts, appliances, and household goods.
1985 | Indore, Madhya Pradesh (India) | Active
Mehta Automobiles Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.47 M
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.33 Cr
- Satisfied Charges ₹ 2.65 Cr
- Revenue Growth 6.24%
- Profit Growth -43.45%
- Ebitda -3.06%
- Net Worth 22.00%
- Total Assets 14.49%
About Mehta Automobiles
Mehta Automobiles Pvt Ltd (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 1985 and has a history of 39 years and five months. Its registered office is in Indore, Madhya Pradesh, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.50 M and a paid-up capital of Rs 0.47 M.
The company currently has active open charges totaling ₹6.33 Cr. The company has closed loans amounting to ₹2.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Virendra Mehta, Ankush Mehta, Akshay Mehta, and One other member serve as directors at the Company.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300MP1985PTC003173
- Company No.
003173
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Dec 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Consumer Electronics & Durables
Automotive
What products or services does Mehta Automobiles Pvt Ltd offer?
Mehta Automobiles Pvt Ltd offers a wide range of products and services, including Washing Machine for Home, LG Washing Machine, Top Loading Washing Machine, Home Appliances & Kitchen Appliances, Split Air Conditioners, LG Split Air Conditioners, Home Appliances.
Mehta Automobiles Pvt Ltd
Explore comprehensive data for Mehta Automobiles Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mehta Automobiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virendra Mehta  | Managing Director | 04-Dec-1985 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ankush Mehta | Whole-Time Director | 01-Jan-1997 | Current |
| Akshay Mehta | Whole-Time Director | 01-Jan-2009 | Current |
| Kiran Mehta | Whole-Time Director | 01-Oct-2014 | Current |
Financial Performance of Mehta Automobiles.
Mehta Automobiles Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 6.24% increase. The company also saw a substantial fall in profitability, with a 43.45% decrease in profit. The company's net worth Soared by an impressive increase of 22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mehta Automobiles?
In 2023, Mehta Automobiles had a promoter holding of 76.99% and a public holding of 23.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹63.35 M
Satisfied Charges
₹26.50 M
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
- State Bank Of Indore : 0.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2014 | Others | ₹6.00 Cr | Open |
| 24 Dec 2001 | State Bank Of Indore | ₹1.50 M | Open |
| 07 Nov 2001 | State Bank Of Indore | ₹1.00 M | Open |
| 15 Sep 1990 | State Bank Of Indore | ₹0.40 M | Open |
| 07 Jan 1989 | State Bank Of Indore | ₹0.10 M | Open |
How Many Employees Work at Mehta Automobiles?
Mehta Automobiles has a workforce of 48 employees as of Apr 10, 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 Mehta Automobiles, 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 Mehta Automobiles'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.
Latest Updates, News, and FAQs on Mehta Automobiles
Recent activity within the organization
- Annual General Meeting
Mehta Automobiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Mehta Automobiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
- Charges
A charge with Others of Rs. 60.00 M registered on 27 Aug 2014 with Charge ID 10521362 was modified on 30 Nov 2022.
- Director Appointment
Kiran Mehta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Oct 2014 & has been associated with this company since 10 years 7 months .
- Charges
A charge registered on 04 Nov 2009 via Charge ID 10186857 with City Union Bank Limited was fully satisfied on 30 Aug 2014.
- Charges
A charge with Others amounted to Rs. 60.00 M with Charge ID 10521362 was registered on 27 Aug 2014.
Frequently asked questions
What is the Incorporation or founding date of Mehta Automobiles Pvt Ltd?
Mehta Automobiles Pvt Ltd was incorporated on 04 Dec 1985.
What is authorized share capital and paid-up capital of Mehta Automobiles Pvt Ltd?
The authorized share capital of Mehta Automobiles Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.47 M.
Who are the current board members & directors of Mehta Automobiles Pvt Ltd?
Currently 4 directors are associated with Mehta Automobiles Pvt Ltd.
- Virendra Singh Mehta
- Ankush Mehta
- Akshay Mehta
- Kiran Mehta
What is the registered address of Mehta Automobiles Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Mehta Automobiles Pvt Ltd is 22/1, South Tukoganj A.B.Road India, Indore, Madhya Pradesh, 452001.
What is the corporate identification number (CIN) and company number of Mehta Automobiles Pvt Ltd?
The corporate identification number (CIN) of Mehta Automobiles Pvt Ltd is U34300MP1985PTC003173 and the company number is 003173 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mehta Automobiles Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Mehta Automobiles Pvt Ltd has risen by 6.24%.
How many employees does Mehta Automobiles Pvt Ltd currently have?
As Per 2023 financial reports, 48 employees are currently employed by Mehta Automobiles Pvt Ltd.
What change has been observed in the net worth of Mehta Automobiles Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mehta Automobiles Pvt Ltd has experienced an upsurge of 22.00%.
What are the total open charges for Mehta Automobiles Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Mehta Automobiles Pvt Ltd amount to ₹ 6.33 Cr.
When was the last Balance Sheet of Mehta Automobiles Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Mehta Automobiles Pvt Ltd was filed with the ROC on 31 Mar 2023.
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