Modern Automobiles Gujarat Pvt Ltd
Auto dealership in Ahmedabad, Gujarat, selling Bajaj vehicles and providing service, parts, and accessories.
1947 | Ahmedabad, Gujarat (India) | Active
Modern Automobiles Gujarat Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.15 M
- Company Age 77 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 40.20%
- Profit Growth -31.79%
- Ebitda -30.65%
- Net Worth -23.86%
- Total Assets 26.82%
About Modern Automobiles Gujarat
Modern Automobiles Gujarat Pvt Ltd (MAGPL) was founded in India on 30 August 1947 and has a glorious history of 77 years and eight months. Its registered office is in Ahmedabad, Gujarat, 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 1.50 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.
Ajay Amin, Krunal Amin, Daxeshkumar Amin, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50101GJ1947PTC000271
- Company No.
000271
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Aug 1947
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
Energy and Power
Modern Automobiles Gujarat Pvt Ltd
Explore comprehensive data for Modern Automobiles Gujarat Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modern Automobiles Gujarat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Daxeshkumar Amin  | Managing Director | 04-May-1984 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Amin | Director | 30-Apr-1997 | Current |
| Krunal Amin | Director | 11-May-2001 | Current |
| Hansaben Amin | Director | 01-Mar-2013 | Current |
Financial Performance of Modern Automobiles Gujarat.
Modern Automobiles Gujarat Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 40.2% increase. The company also saw a substantial fall in profitability, with a 31.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Modern Automobiles Gujarat?
In 2023, Modern Automobiles Gujarat had a public holding of 58.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- A S Motors Private Limited
Ajay Amin is a mutual person
- Amin Sons Marketing Private Limited
Ajay Amin is a mutual person
- Amin Motors Private Limited
Ajay Amin and Daxeshkumar Amin are mutual person
- J A Amin Foundation
Ajay Amin is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Modern Automobiles Gujarat?
Modern Automobiles Gujarat has a workforce of 34 employees as of Mar 26, 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 Modern Automobiles Gujarat, 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 Modern Automobiles Gujarat'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 Modern Automobiles Gujarat
Recent activity within the organization
- Annual General Meeting
Modern Automobiles Gujarat Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Modern Automobiles Gujarat Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Hansaben Daxeshbhai Amin was appointed as a Director was appointed as a Director on 01 Mar 2013 & has been associated with this company since 12 years 2 months .
- Director Appointment
Krunal Daxesh Amin was appointed as a Director was appointed as a Director on 11 May 2001 & has been associated with this company since 24 years 13 days .
- Director Appointment
Ajay Jayantibhai Amin was appointed as a Director was appointed as a Director on 30 Apr 1997 & has been associated with this company since 28 years 24 days .
- Director Appointment
Daxeshkumar Babubhai Amin was appointed as a Managing Director was appointed as a Managing Director on 04 May 1984 & has been associated with this company since 41 years 20 days .
Frequently asked questions
What is the Incorporation or founding date of Modern Automobiles Gujarat Pvt Ltd?
Modern Automobiles Gujarat Pvt Ltd was incorporated on 30 Aug 1947.
What is authorized share capital and paid-up capital of Modern Automobiles Gujarat Pvt Ltd?
The authorized share capital of Modern Automobiles Gujarat Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.15 M.
Who are the current board members & directors of Modern Automobiles Gujarat Pvt Ltd?
Currently 4 directors are associated with Modern Automobiles Gujarat Pvt Ltd.
- Ajay Jayantibhai Amin
- Krunal Daxesh Amin
- Daxeshkumar Babubhai Amin
- Hansaben Daxeshbhai Amin
What is the registered address of Modern Automobiles Gujarat Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Automobiles Gujarat Pvt Ltd is L-1002, Sa India, Ahmedabad, Gujarat, 380004.
What is the corporate identification number (CIN) and company number of Modern Automobiles Gujarat Pvt Ltd?
The corporate identification number (CIN) of Modern Automobiles Gujarat Pvt Ltd is U50101GJ1947PTC000271 and the company number is 000271 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Modern Automobiles Gujarat Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Modern Automobiles Gujarat Pvt Ltd has risen by 40.20%.
How many employees does Modern Automobiles Gujarat Pvt Ltd currently have?
As Per 2022 financial reports, 34 employees are currently employed by Modern Automobiles Gujarat Pvt Ltd.
What change has been observed in the net worth of Modern Automobiles Gujarat Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Modern Automobiles Gujarat Pvt Ltd has experienced an downturn of -23.86%.
When was the last Balance Sheet of Modern Automobiles Gujarat Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Modern Automobiles Gujarat Pvt Ltd was filed with the ROC on 31 Mar 2024.
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