Minda Vast Access Systems Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 42.67 Cr
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33.60 Cr
- Satisfied Charges ₹ 69.69 Cr
- Revenue Growth 23.08%
- Profit Growth -120.59%
- Ebitda -31.03%
- Net Worth -0.91%
- Total Assets 7.59%
About Minda Vast Access Systems
Minda Vast Access Systems Private Limited (MVASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2007 and has a history of 18 years and two months. Its registered office is in Delhi, India.
The Corporate was formerly known as Minda Valeo Security Systems 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 50.00 Cr and a paid-up capital of Rs 42.67 Cr.
The company currently has active open charges totaling ₹33.60 Cr. The company has closed loans amounting to ₹69.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Minda Vast Access Systems Private Limited India are Ravi Kumar as CFO and Sarika Bhadauria as Company Secretary. Ashok Minda, Ashim Vohra, Schultheiss Benedikt, and Three 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
U34300DL2007PTC157344
- Company No.
157344
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 2007
- Date of AGM
15 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Manufacturing
What products or services does Minda Vast Access Systems Private Limited offer?
Minda Vast Access Systems Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Lighting Accessories, Intelligence and Spying Devices, Spy Surveillance Equipment, Electric Circuit Components & Spares, Electronic Appliances Circuit Boards, Gate, Grilles, Fences & Railings, Automatic Gate, Lighting Service, Solar LED Lighting Solutions.
Who are the key members and board of directors at Minda Vast Access Systems?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashim Vohra  | Managing Director | 16-Oct-2019 | Current |
| Ravi Kumar | CFO | 31-May-2023 | Current |
| Sarika Bhadauria | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Minda | Director | 03-Jan-2007 | Current |
Schultheiss Benedikt  | Director | 23-Apr-2024 | Current |
Robert Meyer  | Director | 14-Jan-2019 | Current |
| Rainer Goelz | Director | 15-Feb-2023 | Current |
| Dharmender Saxena | Director | Current |
Financial Performance of Minda Vast Access Systems.
Minda Vast Access Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.08% increase. The company also saw a substantial fall in profitability, with a 120.59% decrease in profit. The company's net worth dipped by a decrease of 0.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Minda Vast Access Systems?
In 2023, Minda Vast Access Systems had a public 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)
Spark Minda FoundationAshok Minda is a mutual person
Minda Silca Engineering Private LimitedAshok Minda is a mutual person
- Minda Corporation Limited
Ashok Minda is a mutual person
- Minda Instruments Limited
Ashok Minda is a mutual person
Minda Capital Private LimitedAshok Minda is a mutual person
- Minda Spectrum Advisory Limited.
Ashok Minda is a mutual person
Charges (Loans)
Open Charges
₹33.60 Cr
Satisfied Charges
₹69.69 Cr
Charges Breakdown by Lending Institutions
- Others : 15.60 Cr
- Standard Chartered Bank : 15.00 Cr
- Axis Bank Limited : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2021 | Axis Bank Limited | ₹3.00 Cr | Open |
| 29 Sep 2020 | Others | ₹15.00 Cr | Open |
| 30 Apr 2019 | Others | ₹0.54 M | Open |
| 31 Mar 2019 | Others | ₹0.59 M | Open |
| 28 Feb 2019 | Others | ₹0.37 M | Open |
How Many Employees Work at Minda Vast Access Systems?
Minda Vast Access Systems has a workforce of 255 employees as of Apr 09, 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 Vast Access Systems, 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 Vast Access Systems'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 Vast Access Systems
Recent activity within the organization
- Annual General Meeting
Minda Vast Access Systems Private Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.
- Director Appointment
Schultheiss Benedikt was appointed as a Director was appointed as a Director on 23 Apr 2024 & has been associated with this company since 10 months 10 days .
- Balance Sheet
Minda Vast Access Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Rainer Goelz was appointed as a Director was appointed as a Director on 15 Feb 2023 & has been associated with this company since 2 years 17 days .
- Charges
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100462259 was registered on 01 Jul 2021.
- Charges
A charge with Standard Chartered Bank of Rs. 15.00 Cr registered on 11 Mar 2013 with Charge ID 10412501 was modified on 10 Jun 2021.
Recent News, Updates & Announcement
- Retail investor Bela Agarwal sells entire 4.54% stake in Minda Corp for Rs 437 cr.
Bela Agarwal, a retail individual investor, on Monday divested her entire 4.54 per cent stake in Minda Corporation for Rs 437 crore through open market transac....
- Minda Corp exits Pricol, sells entire stake worth Rs 658 crore.
Noida-based Minda Corporation on Wednesday exited Pricol by selling its entire 15.70 per cent stake in the company for Rs 658 crore through open market transac....
- Minda Corp CFO Sanjay Aneja resigns; Laxman Ramnarayan takes the charge.
Laxman has more than 25 years of experience in areas like Finance, Merger & Acquisition and Private equity. He has earlier worked with Kotak Private Equity and Kotak Investment Bank..
Frequently asked questions
What is the Incorporation or founding date of Minda Vast Access Systems Private Limited?
Minda Vast Access Systems Private Limited was incorporated on 03 Jan 2007.
What is authorized share capital and paid-up capital of Minda Vast Access Systems Private Limited?
The authorized share capital of Minda Vast Access Systems Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 42.67 Cr.
Who are the current board members & directors of Minda Vast Access Systems Private Limited?
Currently 8 directors are associated with Minda Vast Access Systems Private Limited.
- Ashok Minda
- Ashim Vohra
- Schultheiss Benedikt
- Robert Carl Meyer
- Rainer Goelz
- Dharmender Saxena
- Ravi Kumar
- Sarika Arunkumar Bhadauria
What is the registered address of Minda Vast Access Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Minda Vast Access Systems Private Limited is A - 15 Ashok Vihar Phase 1, India, Delhi, 110052.
What is the corporate identification number (CIN) and company number of Minda Vast Access Systems Private Limited?
The corporate identification number (CIN) of Minda Vast Access Systems Private Limited is U34300DL2007PTC157344 and the company number is 157344 as per Ministry of Corporate Affairs (MCA).
What is the official website of Minda Vast Access Systems Private Limited?
The Official website of Minda Vast Access Systems Private Limited is https://www.sparkminda.com
What has been the recent revenue trend for Minda Vast Access Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Minda Vast Access Systems Private Limited has risen by 23.08%.
How many employees does Minda Vast Access Systems Private Limited currently have?
As Per 2023 financial reports, 255 employees are currently employed by Minda Vast Access Systems Private Limited.
What change has been observed in the net worth of Minda Vast Access Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Minda Vast Access Systems Private Limited has experienced an downturn of -0.91%.
What are the total open charges for Minda Vast Access Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Minda Vast Access Systems Private Limited amount to ₹ 33.60 Cr.
When was the last Balance Sheet of Minda Vast Access Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Minda Vast Access Systems Private Limited was filed with the ROC on 31 Mar 2024.
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