Mutha Founders Profile
Key Indicators
- Authorised Capital ₹ 9.40 M
- Paid Up Capital ₹ 8.71 M
- Company Age 40 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.63 Cr
- Satisfied Charges ₹ 41.50 Cr
- Revenue Growth 13.57%
- Profit Growth 99.23%
- Ebitda 8.45%
- Net Worth 7.71%
- Total Assets 14.23%
About Mutha Founders
Mutha Founders Pvt Ltd (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 1984 and has a history of 40 years and two months. Its registered office is in Satara, Maharashtra, India.
The Company is engaged in the Engineering 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 9.40 M and a paid-up capital of Rs 8.71 M.
The company currently has active open charges totaling ₹50.63 Cr. The company has closed loans amounting to ₹41.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anoop Ajit, Ajit Mutha, and Meghna Baphna serve as directors at the Company.
Company Details
- Location
Satara, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U34300PN1984PTC194081
- Company No.
034868
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 1984
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Mutha Founders?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajit Mutha  | Managing Director | 21-Dec-1984 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anoop Ajit | Whole-Time Director | 29-Sep-2010 | Current |
| Meghna Baphna | Whole-Time Director | 19-Feb-2024 | Current |
Financial Performance of Mutha Founders.
Mutha Founders Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.57% increase. The company also saw a substantial improvement in profitability, with a 99.23% increase in profit. The company's net worth moved up by a moderate rise of 7.71%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mutha Founders?
In 2023, Mutha Founders had a promoter holding of 81.07% and a public holding of 18.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mutha Engineering Private LimitedAnoop Ajit and Ajit Mutha are mutual person
Satara Club ForumAjit Mutha is a mutual person
Charges (Loans)
₹506.28 M
₹415.04 M
Charges Breakdown by Lending Institutions
- Others : 30.69 Cr
- Bank Of India : 19.54 Cr
- The Karad Urban Co-Operative Bank Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2024 | Bank Of India | ₹1.93 M | Open |
| 30 Jan 2024 | Bank Of India | ₹2.50 Cr | Open |
| 01 Dec 2023 | Bank Of India | ₹2.35 Cr | Open |
| 20 Sep 2023 | Others | ₹6.85 M | Open |
| 29 Jun 2022 | Others | ₹7.00 Cr | Open |
How Many Employees Work at Mutha Founders?
Mutha Founders has a workforce of 257 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mutha Founders, 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 Mutha Founders'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.
