
Modern Automobiles Gujarat Pvt Ltd
Auto dealership in Ahmedabad, Gujarat, selling Bajaj vehicles and providing service, parts, and accessories.
Auto dealership in Ahmedabad, Gujarat, selling Bajaj vehicles and providing service, parts, and accessories.
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.
Ahmedabad, Gujarat, India
+91-XXXXXXXXXX
U50101GJ1947PTC000271
000271
Private Limited Indian Non-Government Company
30 Aug 1947
30 Sep 2024
31 Mar 2024
Unlisted
Roc Ahmedabad
Name | Designation | Appointment Date | Status |
---|---|---|---|
Daxeshkumar Amin ![]() | Managing Director | 04-May-1984 | Current |
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 |
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%.
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
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.
Ajay Amin is a mutual person
Ajay Amin is a mutual person
Ajay Amin and Daxeshkumar Amin are mutual person
Ajay Amin is a mutual person
There are no open charges registered against the company as per our records.
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.
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.
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.
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.
Modern Automobiles Gujarat Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Modern Automobiles Gujarat Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
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 .
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 .
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 .
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 .
Modern Automobiles Gujarat Pvt Ltd was incorporated on 30 Aug 1947.
The authorized share capital of Modern Automobiles Gujarat Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.15 M.
Currently 4 directors are associated with 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.
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).
According to the financial reports for the fiscal year 2022, the revenue trend for Modern Automobiles Gujarat Pvt Ltd has risen by 40.20%.
As Per 2022 financial reports, 34 employees are currently employed by Modern Automobiles Gujarat Pvt Ltd.
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%.
The most recent Balance Sheet for Modern Automobiles Gujarat Pvt Ltd was filed with the ROC on 31 Mar 2024.
Search company & director profiles for free and gain access to critical business data.
JA