Mtandt Rentals Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 12.66 Cr
- Company Age 15 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 280.78 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 three months. Its registered office is in Padur, 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 12.66 Cr.
The company currently has active open charges totaling ₹280.78 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, Sangeeta Modi, and Three other members serve as directors at the Company.
Company Details
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Location
Padur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29253TN2009PLC073258
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Company No.
073258
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
19 Oct 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Mtandt Rentals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Modi
|
Managing Director | 19-Oct-2009 | Current |
| Atosh Surana | CFO | 01-May-2019 | Current |
| Lokesh Kumar | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ajay Mandahr
|
Director | 21-Jun-2023 | Current |
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Gopal Modi
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Director | 01-Apr-2013 | Current |
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Sangeeta Modi
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Director | 01-Apr-2013 | Current |
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Kavita Goyal
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Director | 01-Apr-2015 | Current |
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Kanak Goyal
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Director | 01-Apr-2015 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Web Rigging Systems International Private LimitedGopal Modi is a mutual person
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Fastbeam Access Private Limited
Gopal Modi is a mutual person
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Keywest Geogrid Engineering Solutions Private Limited
Gopal Modi is a mutual person
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Rajkumar Modi Foundation
Gopal Modi and Rakesh Modi are mutual person
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Vertikal Rentals Private Limited
Rakesh Modi is a mutual person
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Volcano Goods Private Limited
Kavita Goyal is a mutual person
Charges (Loans)
₹280.78 Cr
₹72.22 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 115.10 Cr
- Others : 70.59 Cr
- Hdfc Bank Limited : 56.71 Cr
- Yes Bank Limited : 17.92 Cr
- Hdb Financial Services Limited : 10.22 Cr
- Others : 10.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2024 | Yes Bank Limited | ₹1.08 Cr | Open |
| 27 Mar 2024 | Yes Bank Limited | ₹3.23 Cr | Open |
| 31 Jan 2024 | Others | ₹2.00 Cr | Open |
| 22 Jan 2024 | Hdb Financial Services Limited | ₹5.59 Cr | Open |
| 26 Dec 2023 | Axis Bank Limited | ₹7.30 Cr | Open |
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.
Deals i
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
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.
