Moto Drive Private Limited

Motor vehicle trading and dealership for Tata Motors Limited in Pune, Maharashtra.

1994 | Pune, Maharashtra (India) | Active
Last Updated: December 08, 2024

Moto Drive Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 10.50 Cr
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth 105.06%
  • Profit Growth -66.05%
  • Ebitda 24.08%
  • Net Worth -460.94%
  • Total Assets 0.71%

About Moto Drive

Moto Drive Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 1994 and has a history of 30 years and four months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Mangal Warehousing Private Limited. 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 2016. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹10.50 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Mittal and Preeti Mittal serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50403PN1994PTC081828

  • Company No.

    081828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 1994

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Moto Drive?

Board Members (2)

Name Designation Appointment Date Status
Ashish Mittal Country flag representing In Director 30-Jan-2016 Current
Preeti Mittal Country flag representing In Additional Director 19-Jan-2017 Current

Financial Performance of Moto Drive.

Moto Drive Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 105.06% increase. The company also saw a substantial fall in profitability, with a 66.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 460.94%.

Graph illustrating revenue growth over time
Graph showing 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
105.06%
Revenue from Operations
105.04%
Total Assets
0.71%
Profit or Loss
-66.05%
Net Worth
-460.94%
EBITDA
24.08%

What is the Ownership and Shareholding Structure of Moto Drive?

In 2016, Moto Drive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.50 Cr

Satisfied Charges

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.00 Cr
  • Tata Capital Financial Services Limited : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2017 Tata Capital Financial Services Limited ₹3.50 Cr Open
22 Mar 2016 Others ₹7.00 Cr Open
11 Mar 2015 State Bank Of India Deccan Gymkhana Branch ₹11.00 Cr Satisfied

How Many Employees Work at Moto Drive?

Moto Drive has a workforce of 219 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Moto Drive, 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 Moto Drive'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 Moto Drive

Recent activity within the organization

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.50 Cr with Charge ID 100085044 was registered on 23 Feb 2017.

    23 Feb 2017

  • Director Appointment

    Preeti Ashish Mittal was appointed as a Additional Director was appointed as a Additional Director on 19 Jan 2017 & has been associated with this company since 8 years 17 days .

    19 Jan 2017

  • Annual General Meeting

    Moto Drive Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Charges

    A charge registered on 11 Mar 2015 via Charge ID 10606371 with State Bank Of India Deccan Gymkhana Branch was fully satisfied on 06 Sep 2016.

    06 Sep 2016

  • Balance Sheet

    Moto Drive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Pune.

    31 Mar 2016

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100035469 was registered on 22 Mar 2016.

    22 Mar 2016

Frequently asked questions

  • Moto Drive Private Limited was incorporated on 07 Oct 1994.

  • The authorized share capital of Moto Drive Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Moto Drive Private Limited.

    • Ashish Satish Mittal
    • Preeti Ashish Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Moto Drive Private Limited is 40/25 Royal Classics Bhonde Colony Karve Road, Erandwana India, Pune, Maharashtra, 411004.

  • The corporate identification number (CIN) of Moto Drive Private Limited is U50403PN1994PTC081828 and the company number is 081828 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Moto Drive Private Limited is https://www.motodrive.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Moto Drive Private Limited has risen by 105.06%.

  • As Per 2016 financial reports, 219 employees are currently employed by Moto Drive Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Moto Drive Private Limited has experienced an downturn of -460.94%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Moto Drive Private Limited amount to ₹ 10.50 Cr.

  • The most recent Balance Sheet for Moto Drive Private Limited was filed with the ROC on 31 Mar 2016.

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