Minda Storage Batteries Profile
Key Indicators
- Authorised Capital ₹ 7.04 Cr
- Paid Up Capital ₹ 6.99 Cr
- Company Age 13 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth -76.86%
- Profit Growth -305.77%
- Ebitda -1444.36%
- Net Worth -96.38%
- Total Assets -1.32%
About Minda Storage Batteries
Minda Storage Batteries Private Limited (MSBPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 December 2011 and has a history of 13 years and three months. Its registered office is in Delhi, India.
The Corporate was formerly known as Panasonic Minda Storage Batteries India Private 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 7.04 Cr and a paid-up capital of Rs 6.99 Cr.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Minda Storage Batteries Private Limited India is Sanjeev Shah as CFO. Paridhi Minda, Rajeev Gandotra, and Sanjay Jain serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35900DL2011PTC228383
- Company No.
228383
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Dec 2011
- Date of AGM
27 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Who are the key members and board of directors at Minda Storage Batteries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjeev Shah  | CFO | 23-Oct-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Gandotra | Director | 10-Jun-2021 | Current |
| Paridhi Minda | Director | 26-Feb-2019 | Current |
| Sanjay Jain | Director | 27-Sep-2016 | Current |
Financial Performance of Minda Storage Batteries.
Minda Storage Batteries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 76.86% decrease. The company also saw a substantial fall in profitability, with a 305.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 96.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Minda Storage Batteries?
In 2023, Minda Storage Batteries 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)
- Uno Minda Katolec Electronics Services Private Limited
Paridhi Minda is a mutual person
- Minda Nabtesco Automotive Private Limited
Rajeev Gandotra is a mutual person
- Minda Westport Technologies Limited
Rajeev Gandotra is a mutual person
- Minda Onkyo India Private Limited
Rajeev Gandotra is a mutual person
- Mi Torica India Private Limited
Rajeev Gandotra is a mutual person
- Mitil Polymer Private Limited
Rajeev Gandotra is a mutual person
Charges (Loans)
Open Charges
₹10.00 Cr
Satisfied Charges
₹15.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2017 | Axis Bank Limited | ₹10.00 Cr | Open |
| 07 Mar 2019 | Hdfc Bank Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Minda Storage Batteries?
Minda Storage Batteries has a workforce of 187 employees as of Apr 08, 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 Minda Storage Batteries, 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 Storage Batteries'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 Minda Storage Batteries
Recent activity within the organization
- Annual General Meeting
Minda Storage Batteries Private Limited last Annual general meeting of members was held on 27 Jul 2024 as per latest MCA records.
- Balance Sheet
Minda Storage Batteries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 07 Mar 2019 via Charge ID 100247016 with Hdfc Bank Limited was fully satisfied on 25 Mar 2022.
- Director Appointment
Rajeev Gandotra was appointed as a Director was appointed as a Director on 10 Jun 2021 & has been associated with this company since 3 years 8 months .
- Director Appointment
Sanjeev Kumar Shah was appointed as a Cfo was appointed as a Cfo on 23 Oct 2019 & has been associated with this company since 5 years 4 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100247016 was registered on 07 Mar 2019.
Recent News, Updates & Announcement
- Uno Minda Expands Property Holdings In India's Automotive Centers.
Sunil Bohra, the CFO and CEO of Safety and Comfort, has outlined a comprehensive strategy that underscores Uno Minda's commitment to substantial growth.
- Auto parts maker Minda acquires Germany’s Delvis | Mint.
The deal will include two subsidiaries, Delvis Solution and Delvis Products, Gurugram-based Minda said in a regulatory filing.The transaction is expected to be completed within the next two months, and will be funded through a mix of debt and equity.
- Minda Industries Limited Sees 30% Q1 Profit Decline, EBITDA Up 1%; Secures New Orders and NCLT Approval for Mergers Amid Auto Industry Struggles.
30% decline in Q1 profits for Minda Industries Limited. EBITDA slightly up by 1%. New orders from Kawasaki and PSA. Minda Kosei Aluminum Wheels gets orders from Mahindra & MSIL. NCLT approves merging of Minda Corp's 5 subsidiaries. #StruggleIsReal #AutoIndustryWoes.
Frequently asked questions
What is the Incorporation or founding date of Minda Storage Batteries Private Limited?
Minda Storage Batteries Private Limited was incorporated on 07 Dec 2011.
What is authorized share capital and paid-up capital of Minda Storage Batteries Private Limited?
The authorized share capital of Minda Storage Batteries Private Limited is ₹ 7.04 Cr and paid-up capital is ₹ 6.99 Cr.
Who are the current board members & directors of Minda Storage Batteries Private Limited?
Currently 4 directors are associated with Minda Storage Batteries Private Limited.
- Paridhi Minda
- Rajeev Gandotra
- Sanjeev Kumar Shah
- Sanjay Jain
What is the registered address of Minda Storage Batteries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Minda Storage Batteries Private Limited is B-64/1 Wazirpur Industrial Area India, Delhi, 110052.
What is the corporate identification number (CIN) and company number of Minda Storage Batteries Private Limited?
The corporate identification number (CIN) of Minda Storage Batteries Private Limited is U35900DL2011PTC228383 and the company number is 228383 as per Ministry of Corporate Affairs (MCA).
What is the official website of Minda Storage Batteries Private Limited?
The Official website of Minda Storage Batteries Private Limited is https://www.unominda.com
What has been the recent revenue trend for Minda Storage Batteries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Minda Storage Batteries Private Limited has fallen by -76.86%.
How many employees does Minda Storage Batteries Private Limited currently have?
As Per 2023 financial reports, 187 employees are currently employed by Minda Storage Batteries Private Limited.
What change has been observed in the net worth of Minda Storage Batteries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Minda Storage Batteries Private Limited has experienced an downturn of -96.38%.
What are the total open charges for Minda Storage Batteries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Minda Storage Batteries Private Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Minda Storage Batteries Private Limited filed with the ROC?
The most recent Balance Sheet for Minda Storage Batteries Private Limited was filed with the ROC on 31 Mar 2024.
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