Modern Automobiles Gujarat Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.15 M
- Company Age 77 Year, 5 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 five 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
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U50101GJ1947PTC000271
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Company No.
000271
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Aug 1947
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Modern Automobiles Gujarat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Daxeshkumar Amin
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Managing Director | 04-May-1984 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ajay Amin
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Director | 30-Apr-1997 | Current |
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Krunal Amin
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Director | 11-May-2001 | Current |
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Hansaben Amin
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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%.
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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)
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A S Motors Private LimitedAjay Amin is a mutual person
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Amin Sons Marketing Private Limited
Ajay Amin is a mutual person
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Amin Motors Private Limited
Ajay Amin and Daxeshkumar Amin are mutual person
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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.
