Mighty Auto Wheels Profile
Key Indicators
- Authorised Capital ₹ 4.17 Cr
- Paid Up Capital ₹ 4.17 Cr
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 55.27 Cr
- Satisfied Charges ₹ 40.97 Cr
- Revenue Growth 110.41%
- Profit Growth 178.99%
- Ebitda -63.65%
- Net Worth 24.42%
- Total Assets 33.63%
About Mighty Auto Wheels
Mighty Auto Wheels Private Limited (MAWPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2016 (Eight years and eight months 22 days old ). Its registered office is in Meerut, Uttar 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 2023. It's a company limited by shares with an authorized capital of Rs 4.17 Cr and a paid-up capital of Rs 4.17 Cr.
The company currently has active open charges totaling ₹55.27 Cr. The company has closed loans amounting to ₹40.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parminder Tewatia, Samaresh Singh, and Monica Tewatia serve as directors at the Company.
Company Details
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Location
Meerut, Uttar Pradesh, 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
U50403UP2016PTC083131
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Company No.
083131
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 May 2016
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Date of AGM
28 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 Kanpur
Industry
Who are the key members and board of directors at Mighty Auto Wheels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parminder Tewatia
|
Director | 17-Aug-2023 | Current |
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Samaresh Singh
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Director | 12-May-2016 | Current |
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Monica Tewatia
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Director | 14-May-2019 | Current |
Financial Performance of Mighty Auto Wheels.
Mighty Auto Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 110.41% increase. The company also saw a substantial improvement in profitability, with a 178.99% increase in profit. The company's net worth Soared by an impressive increase of 24.42%.
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What is the Ownership and Shareholding Structure of Mighty Auto Wheels?
In 2023, Mighty Auto Wheels 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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Trotting Wheels Private LimitedSamaresh Singh is a mutual person
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A-One Agriculture And Allied Activities Private LimitedParminder Tewatia and Monica Tewatia are mutual person
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Goa Orchids Private Limited
Parminder Tewatia is a mutual person
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Doon Mighty Autowheels Private Limited
Parminder Tewatia and Monica Tewatia are mutual person
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Infinity Premium Realtors Private Limited
Parminder Tewatia is a mutual person
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5 I Technology Private Limited
Parminder Tewatia and Monica Tewatia are mutual person
Charges (Loans)
₹55.27 Cr
₹40.97 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 50.18 Cr
- Hdfc Bank Limited : 5.00 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2023 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 03 Sep 2023 | Axis Bank Limited | ₹37.00 Cr | Open |
| 03 Sep 2023 | Axis Bank Limited | ₹3.88 Cr | Open |
| 03 Sep 2023 | Axis Bank Limited | ₹8.00 Cr | Open |
| 23 Mar 2023 | Axis Bank Limited | ₹1.30 Cr | Open |
How Many Employees Work at Mighty Auto Wheels?
Mighty Auto Wheels has a workforce of 101 employees as of Mar 28, 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 Mighty Auto Wheels, 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 Mighty Auto Wheels'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.
