Minerva Automobiles Private Limited

Authorized dealer of Mahindra & Mahindra vehicles, providing sales and after-sales services in Odisha.

2012 | Balangir, Odisha (India) | Active
Last Updated: November 16, 2024

Minerva Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.86 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.74 Cr
  • Revenue Growth 55.16%
  • Profit Growth 85.27%
  • Ebitda 51.90%
  • Net Worth 23.70%
  • Total Assets 13.22%

About Minerva Automobiles

Minerva Automobiles Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2012 and has a history of 12 years and 11 months. Its registered office is in Balangir, Odisha, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.86 M.

The company currently has active open charges totaling ₹27.74 Cr.

Animesh Meher, Amikesh Meher, Chintesh Meher, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50401OR2012PTC014945

  • Company No.

    014945

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive

What products or services does Minerva Automobiles Private Limited offer?

Minerva Automobiles Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Intermediate and Light Commercial Vehicles, Mini Truck, Mahindra Supro.

Who are the key members and board of directors at Minerva Automobiles?

Board Members (4)

Name Designation Appointment Date Status
Animesh Meher Country flag representing In Director 15-Feb-2012 Current
Amikesh Meher Country flag representing In Director 20-Dec-2019 Current
Chintesh Meher Country flag representing In Director 15-Feb-2012 Current
Brijesh Meher Country flag representing In Director 15-Feb-2012 Current

Financial Performance of Minerva Automobiles.

Minerva Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.16% increase. The company also saw a substantial improvement in profitability, with a 85.27% increase in profit. The company's net worth Soared by an impressive increase of 23.7%.

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
55.16%
Revenue from Operations
55.14%
Total Assets
13.22%
Profit or Loss
85.27%
Net Worth
23.70%
EBITDA
51.90%

What is the Ownership and Shareholding Structure of Minerva Automobiles?

In 2023, Minerva Automobiles had a promoter 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

₹277.37 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 27.74 Cr

Latest Charge Details

Date Lender Amount Status
28 Oct 2022 State Bank Of India ₹15.52 Cr Open
29 Apr 2016 State Bank Of India ₹0.70 M Open
22 Jan 2016 State Bank Of India ₹0.50 M Open
22 Jan 2016 State Bank Of India ₹0.58 M Open
01 Nov 2012 State Bank Of India ₹12.04 Cr Open

How Many Employees Work at Minerva Automobiles?

Minerva Automobiles has a workforce of 35 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minerva Automobiles, 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 Minerva Automobiles'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 Minerva Automobiles

Recent activity within the organization

  • Annual General Meeting

    Minerva Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 155.20 M registered on 28 Oct 2022 with Charge ID 100643832 was modified on 31 Aug 2024.

    31 Aug 2024

  • Balance Sheet

    Minerva Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 155.20 M with Charge ID 100643832 was registered on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge with State Bank Of India of Rs. 120.40 M registered on 01 Nov 2012 with Charge ID 10390976 was modified on 24 Sep 2021.

    24 Sep 2021

  • Director Appointment

    Amikesh Meher was appointed as a Director was appointed as a Director on 20 Dec 2019 & has been associated with this company since 5 years 1 month .

    20 Dec 2019

Frequently asked questions

  • Minerva Automobiles Private Limited was incorporated on 15 Feb 2012.

  • The authorized share capital of Minerva Automobiles Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.86 M.

  • Currently 4 directors are associated with Minerva Automobiles Private Limited.

    • Animesh Meher
    • Amikesh Meher
    • Chintesh Meher
    • Brijesh Meher
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minerva Automobiles Private Limited is Ramji Para India, Bolangir, Orissa, 767001.

  • The corporate identification number (CIN) of Minerva Automobiles Private Limited is U50401OR2012PTC014945 and the company number is 014945 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minerva Automobiles Private Limited is https://www.minervaautomobiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Minerva Automobiles Private Limited has risen by 55.16%.

  • As Per 2023 financial reports, 35 employees are currently employed by Minerva Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Minerva Automobiles Private Limited has experienced an upsurge of 23.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Minerva Automobiles Private Limited amount to ₹ 27.74 Cr.

  • The most recent Balance Sheet for Minerva Automobiles Private Limited was filed with the ROC on 31 Mar 2024.

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