Minda Corporation Limited

Leading auto component manufacturer for major OEMs in domestic and international markets.

1985 | Delhi (India) | Active
Last Updated:

Minda Corporation Profile

Key Indicators

  • Authorised Capital ₹ 157.70 Cr
  • Paid Up Capital ₹ 47.82 Cr
  • Company Age 40 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,342.38 Cr
  • Satisfied Charges ₹ 755.00 Cr
  • Revenue Growth 27.08%
  • Profit Growth 50.19%
  • Ebitda 34.68%
  • Net Worth 18.02%
  • Total Assets 27.00%

About Minda Corporation

Minda Corporation Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 March 1985 and has a history of 40 years. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538962 and on the National Stock Exchange(NSE) under MINDACORP.

The Corporate was formerly known as Minda Huf Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 157.70 Cr and a paid-up capital of Rs 47.82 Cr.

The company currently has active open charges totaling ₹1,342.38 Cr. The company has closed loans amounting to ₹755.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Minda Corporation Limited India are Ashim Vohra as Ceo, Shri Raheja as Cfo, and Pardeep Mann as Company Secretary. Ashok Minda, Ravi Sud, Naresh Modi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1985PLC020401

  • Company No.

    020401

  • Stock Symbol

    BSE : 538962 NSE : MINDACORP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1985

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Minda Corporation Limited offer?

Minda Corporation Limited offers a wide range of products and services, including Automobile Electrical Components, Automotive Connectors, Automotive Cables, Sensors & Transducers, Level Sensors, Automobile Body Coach Building, Automotive Body Parts, Automotive Motors, Automobile Interiors & Accessories, Car Accessories.

Who are the key members and board of directors at Minda Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashim Vohra Country flag representing In CEO12-Aug-2014Current
Shri Raheja Country flag representing In CFO04-Feb-2022Current
Pardeep Mann Country flag representing In Company Secretary01-Aug-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Ravi Sud Country flag representing In Director 01-Feb-2024Current
Laxman Ramnarayan Country flag representing In Director 22-May-2024Current
Ashok Minda Country flag representing In Whole-Time Director 22-Jul-1987Current
Naresh Modi Country flag representing In Whole-Time Director 11-Dec-2020Current
Gajanan Gandhe Country flag representing Us Director 03-Aug-2023Current
Pratima Ram Country flag representing In Director 10-Nov-2016Current

Financial Performance of Minda Corporation.

Minda Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.08% increase. The company also saw a substantial improvement in profitability, with a 50.19% increase in profit. The company's net worth Soared by an impressive increase of 18.02%.

Minda Corporation revenue growth over time
Minda Corporation 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
27.08%
Revenue from Operations
27.70%
Total Assets
27.00%
Profit or Loss
50.19%
Net Worth
18.02%
EBITDA
34.68%

What is the Ownership and Shareholding Structure of Minda Corporation?

In 2023, Minda Corporation had a promoter holding of 64.72% and a public holding of 35.27%. The company had 3 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,342.38 Cr

Satisfied Charges

₹755.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 545.12 Cr
  • Hdfc Bank Limited : 324.25 Cr
  • State Bank Of India : 200.00 Cr
  • Citi Bank N.A. : 150.00 Cr
  • Standard Chartered Bank : 123.00 Cr
  • Others : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2025Others₹25.00 CrOpen
30 Dec 2024Others₹150.00 CrOpen
21 Dec 2024State Bank Of India₹200.00 CrOpen
28 Nov 2024Hdfc Bank Limited₹44.75 CrOpen
17 Aug 2023Hdfc Bank Limited₹112.50 CrOpen

How Many Employees Work at Minda Corporation?

Minda Corporation has a workforce of 3061 employees as of Apr 05, 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.

Employee growth trends for Minda Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minda Corporation, 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 Minda Corporation'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 Minda Corporation

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101049642 was registered on 27 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101031770 was registered on 30 Dec 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 200.00 Cr with Charge ID 101018879 was registered on 21 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 44.75 Cr with Charge ID 101014260 was registered on 28 Nov 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 112.50 Cr registered on 17 Aug 2023 with Charge ID 100773856 was modified on 28 Nov 2024.

  • Charges

    A charge with Others of Rs. 29.13 Cr registered on 18 Aug 2020 with Charge ID 100363938 was modified on 28 Nov 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Minda Corporation Limited?

    Minda Corporation Limited was incorporated on 11 Mar 1985.

  • What is authorized share capital and paid-up capital of Minda Corporation Limited?

    The authorized share capital of Minda Corporation Limited is ₹ 157.70 Cr and paid-up capital is ₹ 47.82 Cr.

  • Who are the current board members & directors of Minda Corporation Limited?

    Currently 10 directors are associated with Minda Corporation Limited.

    • Ashok Minda
    • Ravi Sud
    • Naresh Kumar Modi
    • Gajanan Vithal Gandhe
    • Laxman Ramnarayan
    • Pratima Ram
    • Aakash Minda
    • Ashim Vohra
    • Shri Vinod Raheja
    • Pardeep Mann

  • What is the registered address of Minda Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Minda Corporation Limited is A-15 Ashok Vihar, Phase - 1 India, Delhi, 110052.

  • What is the corporate identification number (CIN) and company number of Minda Corporation Limited?

    The corporate identification number (CIN) of Minda Corporation Limited is L74899DL1985PLC020401 and the company number is 020401 as per Ministry of Corporate Affairs (MCA).

  • Is Minda Corporation Limited registered with any stock exchange in India?

    Yes, Minda Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MINDACORP.

  • What is the official website of Minda Corporation Limited?

    The Official website of Minda Corporation Limited is https://www.sparkminda.com

  • What has been the recent revenue trend for Minda Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Minda Corporation Limited has risen by 27.08%.

  • How many employees does Minda Corporation Limited currently have?

    As Per 2023 financial reports, 3061 employees are currently employed by Minda Corporation Limited.

  • What change has been observed in the net worth of Minda Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Minda Corporation Limited has experienced an upsurge of 18.02%.

  • What are the total open charges for Minda Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Minda Corporation Limited amount to ₹ 1,342.38 Cr.

  • When was the last Balance Sheet of Minda Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Minda Corporation Limited was filed with the ROC on 31 Mar 2024.

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