Mutha Founders Profile
Key Indicators
- Authorised Capital ₹ 9.40 M
- Paid Up Capital ₹ 8.70 M
- Company Age 40 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 45.43 Cr
- Satisfied Charges ₹ 51.50 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 four 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 2024. It's a company limited by shares with an authorized capital of Rs 9.40 M and a paid-up capital of Rs 8.70 M.
The company currently has active open charges totaling ₹45.43 Cr. The company has closed loans amounting to ₹51.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajit Mutha, Anoop Ajit, 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Engineering
Manufacturing
Mutha Founders Pvt Ltd
Explore comprehensive data for Mutha Founders Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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 | 01-Oct-2023 | 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
- 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 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 Limited
Ajit Mutha and Anoop Ajit are mutual person
Satara Club ForumAjit Mutha is a mutual person
Charges (Loans)
Open Charges
₹454.28 M
Satisfied Charges
₹515.04 M
Charges Breakdown by Lending Institutions
- Bank Of India : 22.54 Cr
- Others : 22.49 Cr
- The Karad Urban Co-Operative Bank Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Others | ₹1.80 Cr | Open |
| 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 |
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.
Latest Updates, News, and FAQs on Mutha Founders
Recent activity within the organization
- Annual General Meeting
Mutha Founders Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 18.00 M with Charge ID 100984869 was registered on 30 Aug 2024.
- Charges
A charge registered on 26 Mar 2018 via Charge ID 100168116 with Others was fully satisfied on 23 Aug 2024.
- Charges
A charge with Bank Of India of Rs. 100.00 M registered on 31 Mar 2020 with Charge ID 100344235 was modified on 22 Jul 2024.
- Balance Sheet
Mutha Founders Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Bank Of India amounted to Rs. 1.93 M with Charge ID 100897924 was registered on 22 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Mutha Founders Pvt Ltd?
Mutha Founders Pvt Ltd was incorporated on 21 Dec 1984.
What is authorized share capital and paid-up capital of Mutha Founders Pvt Ltd?
The authorized share capital of Mutha Founders Pvt Ltd is ₹ 9.40 M and paid-up capital is ₹ 8.70 M.
Who are the current board members & directors of Mutha Founders Pvt Ltd?
Currently 3 directors are associated with Mutha Founders Pvt Ltd.
- Ajit Zankarmal Mutha
- Anoop Mutha Ajit
- Meghna Jaideep Baphna
What is the registered address of Mutha Founders Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Mutha Founders Pvt Ltd is H-21, Old M.I.D.C India, Satara, Maharashtra, 415004.
What is the corporate identification number (CIN) and company number of Mutha Founders Pvt Ltd?
The corporate identification number (CIN) of Mutha Founders Pvt Ltd is U34300PN1984PTC194081 and the company number is 034868 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mutha Founders Pvt Ltd?
The Official website of Mutha Founders Pvt Ltd is https://www.muthagroup.com
What has been the recent revenue trend for Mutha Founders Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Mutha Founders Pvt Ltd has risen by 13.57%.
How many employees does Mutha Founders Pvt Ltd currently have?
As Per 2023 financial reports, 257 employees are currently employed by Mutha Founders Pvt Ltd.
What change has been observed in the net worth of Mutha Founders Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mutha Founders Pvt Ltd has experienced an upsurge of 7.71%.
What are the total open charges for Mutha Founders Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Mutha Founders Pvt Ltd amount to ₹ 45.43 Cr.
When was the last Balance Sheet of Mutha Founders Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Mutha Founders Pvt Ltd was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Jaideep BaphnaWholetime DirectorMR
Manohar RaibagiWholetime DirectorAM
Abhay MuthaDirectorAG
Ashish GandhiDirectorPM
Pramila MuthaDirector
Similar Companies Based on Die Casting & Metal Forming
Kirloskar Ferrous Industries Ltd Pune, Maharashtra, India
Jindal United Steel Limited Hisar, Haryana, India
Jayaswal Neco Industries Limited Nagpur, Maharashtra, India
Tata Bluescope Steel Private Limited Pune, Maharashtra, India
Goodluck India Limited New Delhi, India
Chemplast Cuddalore Vinyls Limited Chennai, Tamil Nadu, India
Cie Automotive India Limited Mumbai, Maharashtra, India
Lmw Limited Coimbatore, Tamil Nadu, India