Mtandt Rentals Limited

Manufactures and trades scaffolding, covid products, boom lifts, surgical products, and material handling equipment.

2009 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Mtandt Rentals Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 15.26 Cr
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 357.28 Cr
  • Satisfied Charges ₹ 72.22 Cr
  • Revenue Growth 43.37%
  • Profit Growth 136.96%
  • Ebitda 55.34%
  • Net Worth 16.16%
  • Total Assets 68.46%

About Mtandt Rentals

Mtandt Rentals Limited (MRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 October 2009 and has a history of 15 years and four months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Mtandt Rentals Private Limited. The Company is engaged in the Financial Services 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 25.00 Cr and a paid-up capital of Rs 15.26 Cr.

The company currently has active open charges totaling ₹357.28 Cr. The company has closed loans amounting to ₹72.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mtandt Rentals Limited India are Atosh Surana as CFO and Lokesh Kumar as Company Secretary. Gopal Modi, Rakesh Modi, Kanak Goyal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29253TN2009PLC073258

  • Company No.

    073258

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Mtandt Rentals Limited offer?

Mtandt Rentals Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Telehandler, Face Mask & Medical PPE Kits, Face Mask, Scaffolding Pipes and Fittings, Scaffoldings, Construction Hoist, Material Handling Machines & Systems, Loading Machinery, Thermometers & Flowmeters.

Company report

Mtandt Rentals Limited

Explore comprehensive data for Mtandt Rentals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mtandt Rentals?

Executive Team (3)

NameDesignationAppointment DateStatus
Rakesh Modi Country flag representing In Managing Director19-Oct-2009Current
Atosh Surana CFO01-May-2019Current
Lokesh Kumar Company Secretary14-Oct-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Gopal Modi Country flag representing In Director 01-Apr-2013Current
Kanak Goyal Country flag representing In Director 01-Apr-2015Current
Kavita Goyal Country flag representing In Director 01-Apr-2015Current
Sangeeta Modi Country flag representing In Director 01-Apr-2013Current

Financial Performance of Mtandt Rentals.

Mtandt Rentals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.37% increase. The company also saw a substantial improvement in profitability, with a 136.96% increase in profit. The company's net worth Soared by an impressive increase of 16.16%.

Mtandt Rentals revenue growth over time
Mtandt Rentals 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
43.37%
Revenue from Operations
41.84%
Total Assets
68.46%
Profit or Loss
136.96%
Net Worth
16.16%
EBITDA
55.34%

What is the Ownership and Shareholding Structure of Mtandt Rentals?

In 2023, Mtandt Rentals had a promoter holding of 30.00% and a public holding of 70.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹357.28 Cr

Satisfied Charges

₹72.22 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 123.97 Cr
  • Others : 101.21 Cr
  • Hdfc Bank Limited : 86.58 Cr
  • Yes Bank Limited : 17.92 Cr
  • Hdb Financial Services Limited : 17.37 Cr
  • Others : 10.23 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2025Others₹2.63 CrOpen
24 Dec 2024Hdb Financial Services Limited₹7.14 CrOpen
20 Dec 2024Others₹7.14 CrOpen
19 Nov 2024Axis Bank Limited₹2.50 CrOpen
06 Nov 2024Axis Bank Limited₹6.37 CrOpen

How Many Employees Work at Mtandt Rentals?

Mtandt Rentals has a workforce of 663 employees as of Mar 29, 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 Mtandt Rentals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mtandt Rentals, 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 Mtandt Rentals'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 Mtandt Rentals

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.63 Cr with Charge ID 101050205 was registered on 23 Jan 2025.

  • Charges

    A charge with Hdb Financial Services Limited amounted to Rs. 7.14 Cr with Charge ID 101043683 was registered on 24 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 7.14 Cr with Charge ID 101021219 was registered on 20 Dec 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 101010121 was registered on 19 Nov 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.37 Cr with Charge ID 101013594 was registered on 06 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 0.42 Cr with Charge ID 101002403 was registered on 24 Oct 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mtandt Rentals Limited?

    Mtandt Rentals Limited was incorporated on 19 Oct 2009.

  • What is authorized share capital and paid-up capital of Mtandt Rentals Limited?

    The authorized share capital of Mtandt Rentals Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.26 Cr.

  • Who are the current board members & directors of Mtandt Rentals Limited?

    Currently 7 directors are associated with Mtandt Rentals Limited.

    • Gopal Modi
    • Rakesh Modi
    • Atosh R Surana
    • Lokesh Kumar
    • Kanak Goyal
    • Kavita Goyal
    • Sangeeta Modi

  • What is the registered address of Mtandt Rentals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mtandt Rentals Limited is No. 62/2B New 99 Old 144 Village Poonamalle Taluk, India, Padur, Tamil Nadu, 602105.

  • What is the corporate identification number (CIN) and company number of Mtandt Rentals Limited?

    The corporate identification number (CIN) of Mtandt Rentals Limited is U29253TN2009PLC073258 and the company number is 073258 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mtandt Rentals Limited?

    The Official website of Mtandt Rentals Limited is https://www.mtandtrentals.in

  • What has been the recent revenue trend for Mtandt Rentals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mtandt Rentals Limited has risen by 43.37%.

  • How many employees does Mtandt Rentals Limited currently have?

    As Per 2023 financial reports, 663 employees are currently employed by Mtandt Rentals Limited.

  • What change has been observed in the net worth of Mtandt Rentals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mtandt Rentals Limited has experienced an upsurge of 16.16%.

  • What are the total open charges for Mtandt Rentals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mtandt Rentals Limited amount to ₹ 357.28 Cr.

  • When was the last Balance Sheet of Mtandt Rentals Limited filed with the ROC?

    The most recent Balance Sheet for Mtandt Rentals Limited was filed with the ROC on 31 Mar 2024.

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