Mutual Automotive Profile
Key Indicators
- Authorised Capital ₹ 40.01 Cr
- Paid Up Capital ₹ 20.35 Cr
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 270.15 Cr
- Satisfied Charges ₹ 120.00 Cr
- Revenue Growth -3.78%
- Profit Growth -6.58%
- Ebitda 13.63%
- Net Worth -50.31%
- Total Assets -24.61%
About Mutual Automotive
Mutual Automotive Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 September 2012 and has a history of 12 years and six months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Mutual Exterior Systems 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 2024. It's a company limited by shares with an authorized capital of Rs 40.01 Cr and a paid-up capital of Rs 20.35 Cr.
The company currently has active open charges totaling ₹270.15 Cr. The company has closed loans amounting to ₹120.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mutual Automotive Private Limited India is Palak Mehta as COMPANY SECRETARY. Dharmendra Gandhi, Drumil Gandhi, Uchit Gandhi, and One other member serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25203MH2012PTC235302
- Company No.
235302
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Sep 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
Mutual Automotive Private Limited
Explore comprehensive data for Mutual Automotive Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mutual Automotive?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palak Mehta | Company Secretary | 12-Aug-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Uchit Gandhi  | Director | 08-Aug-2019 | Current |
| Dharmendra Gandhi | Director | 04-Sep-2012 | Current |
| Drumil Gandhi | Director | 28-Aug-2017 | Current |
| Hemit Gandhi | Director | 08-Aug-2019 | Current |
Financial Performance of Mutual Automotive.
Mutual Automotive Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 3.78% decrease. The company also saw a slight decrease in profitability, with a 6.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 50.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mutual Automotive?
In 2023, Mutual Automotive had a promoter holding of 42.35% and a public holding of 57.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹270.15 Cr
Satisfied Charges
₹120.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 133.44 Cr
- Others : 118.71 Cr
- Standard Chartered Bank : 18.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Hdfc Bank Limited | ₹12.00 Cr | Open |
| 09 Feb 2024 | Hdfc Bank Limited | ₹0.81 M | Open |
| 02 May 2023 | Hdfc Bank Limited | ₹1.11 M | Open |
| 20 Apr 2023 | Hdfc Bank Limited | ₹1.11 M | Open |
| 17 Apr 2023 | Hdfc Bank Limited | ₹0.80 M | Open |
How Many Employees Work at Mutual Automotive?
Mutual Automotive has a workforce of 907 employees as of Nov 07, 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 Mutual Automotive, 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 Mutual Automotive'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 Mutual Automotive
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 02 Sep 2024 with Charge ID 100979537 was modified on 17 Oct 2024.
- Annual General Meeting
Mutual Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 04 Nov 2019 via Charge ID 100299616 with Others was fully satisfied on 09 Sep 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100979537 was registered on 02 Sep 2024.
- Balance Sheet
Mutual Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100906677 was registered on 09 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Mutual Automotive Private Limited?
Mutual Automotive Private Limited was incorporated on 04 Sep 2012.
What is authorized share capital and paid-up capital of Mutual Automotive Private Limited?
The authorized share capital of Mutual Automotive Private Limited is ₹ 40.01 Cr and paid-up capital is ₹ 20.35 Cr.
Who are the current board members & directors of Mutual Automotive Private Limited?
Currently 5 directors are associated with Mutual Automotive Private Limited.
- Dharmendra Kantilal Gandhi
- Drumil Jayantilal Gandhi
- Uchit Dharmendra Gandhi
- Hemit Dharmendra Gandhi
- Palak Amit Mehta
What is the registered address of Mutual Automotive Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mutual Automotive Private Limited is 9 Ehara Industrial Complex Village Waliv, Vasai (E) India, Thane, Maharashtra, 401208.
What is the corporate identification number (CIN) and company number of Mutual Automotive Private Limited?
The corporate identification number (CIN) of Mutual Automotive Private Limited is U25203MH2012PTC235302 and the company number is 235302 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mutual Automotive Private Limited?
The Official website of Mutual Automotive Private Limited is https://www.mutualautomotive.in
What has been the recent revenue trend for Mutual Automotive Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Mutual Automotive Private Limited has fallen by -3.78%.
How many employees does Mutual Automotive Private Limited currently have?
As Per 2024 financial reports, 907 employees are currently employed by Mutual Automotive Private Limited.
What change has been observed in the net worth of Mutual Automotive Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Mutual Automotive Private Limited has experienced an downturn of -50.31%.
What are the total open charges for Mutual Automotive Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Mutual Automotive Private Limited amount to ₹ 270.15 Cr.
When was the last Balance Sheet of Mutual Automotive Private Limited filed with the ROC?
The most recent Balance Sheet for Mutual Automotive Private Limited was filed with the ROC on 31 Mar 2024.
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