Hmc Mm Auto Limited

Hmc Mm Auto Limited

JV company manufactures EFIS and related components for two-wheelers with advanced technology.

2013 South West Delhi, Delhi (India) Active

About

Basic Data Updated:

28 days ago

A 60:40 joint venture between Hero Motocorp Limited (HML) and Magneti Marelli S.p.A (MMSPA), known as HMC MM Auto Limited, has been established to cater to the growing demand for electronic fuel injection systems (EFIS) and related components in the automotive industry. The company, with its credit ratings, has gained recognition for its exceptional products and services. HMC MM Auto Limited, with HML holding 60% and MMSPA holding 40%, has been formed to design, develop, manufacture, assemble, and sell EFIS and its related components and sub-assemblies. The company's product range includes EFIS with smart Mechatronic Integrated Unit (sMIU), Mechatronic Integrated Unit (MIU), and ride-by-wire (RIU) systems, catering to two-wheelers with engine capacities ranging from 50cc to 850cc models. Based in Delhi, HML is a renowned Indian manufacturer of motorcycles and scooters. On the other hand, MMSPA is an Italian company that specializes in the development and manufacturing of advanced systems, modules, and high-technology components for the automotive industry.

Industry

Company Details

  • Location

    South West Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU35923DL2013PLC260142
Company No.260142
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date11 Nov 2013
Date of AGM07 Aug 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Delhi

Financials of Hmc Mm Auto Limited

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Hmc Mm Auto Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.23% increase. The company also saw a slight improvement in profitability, with a 9.5% increase in profit. The company's net worth observed a substantial decline by a decrease of 43.07%.

Corporate Structure

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People in Hmc Mm Auto Limited

Executive Team (3)

  • AS

    Amit Srivastava CEO

    Status: Current

  • PC

    Piyush Chawla In Company Secretary

    Appointment Date: 05-Nov-2018

    Status: Current

  • RV

    Rajiv Vaid CFO

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹0.31 cr

₹0.44 cr

LenderAmountStatus

Others

Creation Date: 30 Jun 2022
₹3.13 MOpen

Others

Creation Date: 26 Feb 2019
₹4.38 MSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Hero Motocorp Limited

    Hero Motocorp Limited

    Active build-icon 40 years 4 months

    Birender Dhanoa and Vikram Kasbekar are mutual person

  • Interglobe Aviation Limited

    Interglobe Aviation Limited

    Active build-icon 20 years 4 months

    Birender Dhanoa is a mutual person

  • Marelli Skh Exhaust Systems Private Limited

    Marelli Skh Exhaust Systems Private Limited

    Active build-icon 15 years 11 months

    Saju Mookken is a mutual person

  • Marelli Talbros Chassis Systems Private Limited

    Marelli Talbros Chassis Systems Private Limited

    Active build-icon 12 years 3 months

    Saju Mookken is a mutual person

  • Ather Energy Private Limited

    Ather Energy Private Limited

    Active build-icon 10 years 6 months

    Niranjan Gupta is a mutual person

  • Marelli Powertrain India Private Limited

    Marelli Powertrain India Private Limited

    Active build-icon 16 years 7 months

    Saju Mookken and Giorgio Rossi are mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Birender Singh Dhanoa was appointed as a Additional Director was appointed as a Additional Director on 19 Feb 2024 & has been associated with this company since 3 months .

    19 Feb 2024
  • Activity

    Annual General Meeting

    Hmc Mm Auto Limited last Annual general meeting of members was held on 07 Aug 2023 as per latest MCA records.

    07 Aug 2023
  • Activity

    Balance Sheet

    Hmc Mm Auto Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 26 Feb 2019 via Charge ID 100247328 with Others was fully satisfied on 09 Mar 2023.

    09 Mar 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 0.31 cr with Charge ID 100595260 was registered on 30 Jun 2022.

    30 Jun 2022

Frequently asked questions

What is the Incorporation or founding date of Hmc Mm Auto Limited?

Hmc Mm Auto Limited was incorporated 10 years 6 months ago on 11 Nov 2013 with Registrar of Companies Roc Delhi.

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