Minda Vast Access Systems Private Limited

Designing and manufacturing automotive access control products for various clients in India.

2007 | Delhi (India) | Active
Last Updated: November 16, 2024

Minda Vast Access Systems Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 42.67 Cr
  • Company Age 18 Year, 29 Days
  • 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. 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
  • 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 Country flag representing In Managing Director 16-Oct-2019 Current
Ravi Kumar CFO 31-May-2023 Current
Sarika Bhadauria Country flag representing In Company Secretary Current

Board Members (5)

Name Designation Appointment Date Status
Ashok Minda Country flag representing In Director 03-Jan-2007 Current
Schultheiss Benedikt Country flag representing De Director 23-Apr-2024 Current
Robert Meyer Country flag representing Za Director 14-Jan-2019 Current
Rainer Goelz Director 15-Feb-2023 Current
Dharmender Saxena Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
23.08%
Revenue from Operations
22.94%
Total Assets
7.59%
Profit or Loss
-120.59%
Net Worth
-0.91%
EBITDA
-31.03%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    15 Jul 2024

  • 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 9 months 10 days .

    23 Apr 2024

  • Balance Sheet

    Minda Vast Access Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • 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 1 year 11 months .

    15 Feb 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100462259 was registered on 01 Jul 2021.

    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.

    10 Jun 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Minda Vast Access Systems Private Limited was incorporated on 03 Jan 2007.

  • The authorized share capital of Minda Vast Access Systems Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 42.67 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Minda Vast Access Systems Private Limited is https://www.sparkminda.com

  • 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%.

  • As Per 2023 financial reports, 255 employees are currently employed by Minda Vast Access Systems Private Limited.

  • 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%.

  • 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.

  • 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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