Modern Automobiles Gujarat Pvt Ltd

Auto dealership in Ahmedabad, Gujarat, selling Bajaj vehicles and providing service, parts, and accessories.

1947 | Ahmedabad, Gujarat (India) | Active
Last Updated:

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
Company report

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)

NameDesignationAppointment DateStatus
Daxeshkumar Amin Country flag representing In Managing Director04-May-1984Current

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Amin Country flag representing In Director 30-Apr-1997Current
Krunal Amin Country flag representing In Director 11-May-2001Current
Hansaben Amin Country flag representing In Director 01-Mar-2013Current

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%.

Modern Automobiles Gujarat revenue growth over time
Modern Automobiles Gujarat 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
40.20%
Revenue from Operations
40.23%
Total Assets
26.82%
Profit or Loss
-31.79%
Net Worth
-23.86%
EBITDA
-30.65%

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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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.

Employee growth trends for Modern Automobiles Gujarat Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 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 23 years 11 months .

  • 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 10 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 6 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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