Mithila Motors Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.53 Cr
- Company Age 66 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 97.90 Cr
- Satisfied Charges ₹ 98.60 Cr
- Revenue Growth 57.37%
- Profit Growth 149.42%
- Ebitda 73.26%
- Net Worth 6.99%
- Total Assets 11.11%
About Mithila Motors
Mithila Motors Private Limited (MMPL) was founded in India on 12 May 1958 and has a glorious history of 66 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Mithila Motors 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 10.00 Cr and a paid-up capital of Rs 4.53 Cr.
The company currently has active open charges totaling ₹97.90 Cr. The company has closed loans amounting to ₹98.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sharmina Parikh, Diloo Parikh, and Ravi Parikh serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U34300WB1958PTC164669
- Company No.
164669
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 May 1958
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Mithila Motors Private Limited offer?
Mithila Motors Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Van, TATA Magic Van, Ambulance and Emergency Vehicle, Tata Ambulance, Medium & Heavy Commercial Vehicles, TATA Commercial Vehicle, Trucks, Heavy Duty Truck, Tipper Trucks.
Who are the key members and board of directors at Mithila Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Parikh  | Managing Director | 11-May-1988 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sharmina Parikh | Director | 23-Feb-2000 | Current |
| Diloo Parikh | Director | 01-Feb-1992 | Current |
Financial Performance of Mithila Motors.
Mithila Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.37% increase. The company also saw a substantial improvement in profitability, with a 149.42% increase in profit. The company's net worth moved up by a moderate rise of 6.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mithila Motors?
In 2022, Mithila Motors had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vaidehi Motors Private LimitedDiloo Parikh and Ravi Parikh are mutual person
Sri Kripa Enterprises Private LimitedSharmina Parikh, Diloo Parikh and 1 more are mutual person
- Divine Creations Realty Llp
Diloo Parikh and Ravi Parikh are mutual person
- Navachar Hospitality Llp
Ravi Parikh is a mutual person
Charges (Loans)
₹97.90 Cr
₹98.60 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 72.90 Cr
- Others : 15.00 Cr
- Axis Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2019 | Others | ₹15.00 Cr | Open |
| 10 Apr 2012 | Hdfc Bank Limited | ₹72.90 Cr | Open |
| 16 Aug 2005 | Axis Bank Limited | ₹10.00 Cr | Open |
| 10 Feb 2020 | Others | ₹7.50 Cr | Satisfied |
| 11 Aug 2015 | Hdfc Bank Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Mithila Motors?
Mithila Motors has a workforce of 282 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mithila Motors, 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 Mithila Motors'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.