Mohit Engineers Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.33 M
- Company Age 25 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.70 Cr
- Satisfied Charges ₹ 5.02 Cr
- Revenue Growth 65.10%
- Profit Growth 226.72%
- Ebitda 110.37%
- Net Worth 145.27%
- Total Assets 19.31%
About Mohit Engineers
Mohit Engineers Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1999 and has a history of 25 years and ten months. Its registered office is in Ludhiana, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.33 M.
The company currently has active open charges totaling ₹1.70 Cr. The company has closed loans amounting to ₹5.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohit Randev, Nandita Sharma, Virinder Randev, and One other member serve as directors at the Company.
Company Details
-
Location
Ludhiana, Punjab, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U29246PB1999PTC022431
-
Company No.
022431
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
05 Apr 1999
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
What products or services does Mohit Engineers Private Limited offer?
Mohit Engineers Private Limited offers a wide range of products and services, including Clutch, Clutch Parts & Accessories, Clutch Components, Automobile Fittings & Components, Two Wheeler Parts, Automotive Gears, Engine Gears, Automotive Shafts, Gearbox, Axle, Sprocket & Gear Parts, Pumps, Pumping Machines & Spares, Pump Spares.
Who are the key members and board of directors at Mohit Engineers?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohit Randev
|
Director | 06-Apr-1999 | Current |
|
Nandita Sharma
|
Director | 10-Aug-2002 | Current |
|
Virinder Randev
|
Director | 01-Mar-2017 | Current |
|
Neelam Randev
|
Director | 15-Feb-2021 | Current |
Financial Performance of Mohit Engineers.
Mohit Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.1% increase. The company also saw a substantial improvement in profitability, with a 226.72% increase in profit. The company's net worth Soared by an impressive increase of 145.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mohit Engineers?
In 2023, Mohit Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
S I Auto Industries Private LimitedVirinder Randev is a mutual person
-
S.I. Exports Private Limited
Virinder Randev is a mutual person
Charges (Loans)
₹16.97 M
₹50.19 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2024 | Hdfc Bank Limited | ₹1.60 Cr | Open |
| 28 Jul 2022 | Hdfc Bank Limited | ₹1.02 M | Open |
| 10 Feb 2023 | Karnataka Bank Ltd. | ₹2.55 M | Satisfied |
| 07 Jul 2022 | Karnataka Bank Ltd. | ₹1.00 M | Satisfied |
| 12 Jan 2022 | Karnataka Bank Ltd. | ₹1.24 M | Satisfied |
How Many Employees Work at Mohit Engineers?
Mohit Engineers has a workforce of 8 employees as of Mar 31, 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 Mohit Engineers, 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 Mohit Engineers'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.