Mithila Motors Private Limited

Authorized dealer of Tata commercial vehicles, including sales, servicing, and spare parts.

1958 | Kolkata, West Bengal (India) | Active
Last Updated:

Mithila Motors Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.53 Cr
  • Company Age 66 Year, 9 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 nine 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

    mithilamotors.com

  • 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

Automotive

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)

NameDesignationAppointment DateStatus
Ravi Parikh Country flag representing In Managing Director11-May-1988Current

Board Members (2)

NameDesignationAppointment DateStatus
Sharmina Parikh Country flag representing In Director 23-Feb-2000Current
Diloo Parikh Country flag representing In Director 01-Feb-1992Current

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%.

Mithila Motors revenue growth over time
Mithila Motors 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
57.37%
Revenue from Operations
57.49%
Total Assets
11.11%
Profit or Loss
149.42%
Net Worth
6.99%
EBITDA
73.26%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97.90 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
02 Jul 2019Others₹15.00 CrOpen
10 Apr 2012Hdfc Bank Limited₹72.90 CrOpen
16 Aug 2005Axis Bank Limited₹10.00 CrOpen
10 Feb 2020Others₹7.50 CrSatisfied
11 Aug 2015Hdfc Bank Limited₹15.00 CrSatisfied

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.

Employee growth trends for Mithila Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 Mithila Motors

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mithila Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 72.90 Cr registered on 10 Apr 2012 with Charge ID 10349548 was modified on 03 Oct 2023.

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 02 Jul 2019 with Charge ID 100276839 was modified on 06 Jun 2022.

  • Charges

    A charge registered on 11 Aug 2015 via Charge ID 10586347 with Hdfc Bank Limited was fully satisfied on 09 May 2022.

  • Charges

    A charge registered on 10 Feb 2020 via Charge ID 100322830 with Others was fully satisfied on 10 Jun 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Mithila Motors Private Limited?

    Mithila Motors Private Limited was incorporated on 12 May 1958.

  • What is authorized share capital and paid-up capital of Mithila Motors Private Limited?

    The authorized share capital of Mithila Motors Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.53 Cr.

  • Who are the current board members & directors of Mithila Motors Private Limited?

    Currently 3 directors are associated with Mithila Motors Private Limited.

    • Sharmina Ravi Parikh
    • Diloo Bipin Parikh
    • Ravi Bipin Parikh

  • What is the registered address of Mithila Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mithila Motors Private Limited is Block-Ii Unit-8H, Diamond Chambers 4 Chowringhee Lane India, Kolkata, West Bengal, 700016.

  • What is the corporate identification number (CIN) and company number of Mithila Motors Private Limited?

    The corporate identification number (CIN) of Mithila Motors Private Limited is U34300WB1958PTC164669 and the company number is 164669 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mithila Motors Private Limited?

    The Official website of Mithila Motors Private Limited is https://www.mithilamotors.com

  • What has been the recent revenue trend for Mithila Motors Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mithila Motors Private Limited has risen by 57.37%.

  • How many employees does Mithila Motors Private Limited currently have?

    As Per 2022 financial reports, 282 employees are currently employed by Mithila Motors Private Limited.

  • What change has been observed in the net worth of Mithila Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mithila Motors Private Limited has experienced an upsurge of 6.99%.

  • What are the total open charges for Mithila Motors Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mithila Motors Private Limited amount to ₹ 97.90 Cr.

  • When was the last Balance Sheet of Mithila Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Mithila Motors Private Limited was filed with the ROC on 31 Mar 2024.