About Mahindra Heavy Engines Limited
Data last updated: 30 July 2025
Mahindra Heavy Engines Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mahindra And Mahindra Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in auto parts and components, a part of the broader automotive sector. Incorporated on 09 April 2007.
Registered with ROC Mumbai under CIN U35914MH2007PLC169753.
Capital: an authorised share capital of ₹800 Cr and a paid-up capital of ₹634.4 Cr. Formerly known as Mim Engines India Private Limited and Mahindra Heavy Engines Limited. It was led by directors including Vinay Digamber Khanolkar and Shrikant Raghunath Marathe.
Last AGM: 09 May 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,793.3 Cr, a growth of 22.36% compared to the previous year.
The company had a reported workforce of approximately 264 employees prior to being dissolved. It operated as a subsidiary of Mahindra And Mahindra Limited.
The company was associated with 1 brand - Mahindra. As per MCA filings, the company had satisfied charges of ₹325.74 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is mahindra.com.
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Registered AddressMahindra Towers Dr. G.M Bhosale Marg P.K. Kurne Worli, India, Mumbai, Maharashtra, India – 400001
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited has undergone 4 name changes throughout its history. The current legal name is Mahindra Heavy Engines Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mahindra Heavy Engines Limited | Current |
| Mim Engines India Private Limited | Previous |
| Mahindra Heavy Engines Private Limited | Previous |
| Mahindra Navistar Engines Private Limited | Previous |
CIN History of Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited has one previous CIN (Corporate Identification Number): U35914MH2007PTC169753. The current CIN is U35914MH2007PLC169753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35914MH2007PLC169753 | Current |
| U35914MH2007PTC169753 | Previous |
Associated Brands with Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited operates one associated brand: Mahindra. These brands represent Mahindra Heavy Engines Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com |
Competitors & Alternatives of Mahindra Heavy Engines Limited
Brands and companies operating in the same space as Mahindra Heavy Engines Limited include Tata Motors, Ford, Eicher Motors and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Tata Motors
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Cars, trucks, buses, and electric vehicles are manufactured. | Mumbai, India, India | 1868 |
Ford
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Automobiles and commercial vehicles are manufactured by Ford. | United States | 1903 |
Eicher Motors
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Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | Gurugram, India, India | 1948 |
Greaves Electric Mobility
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Manufacturer of electric two and three-wheelers for personal and commercial use | Bengaluru, India, India | 2008 |
Motovolt
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Electric bicycles with advanced features are developed by Motovolt. | Kolkata, India, India | 2019 |
Bajaj Auto
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Bikes, mopeds, and three-wheelers are manufactured as core products. | Pune, India, India | 1945 |
Force Motors
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Automotive components are designed and manufactured in Pune, India. | Pune, India, India | 1958 |
Business Activity of Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Detailed business activity records for Mahindra Heavy Engines Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
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Auditor Details of Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited is audited by B. K. Khare & Co. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. K. Khare & Co. | Locked | Locked | Locked |
Complete auditor history for Mahindra Heavy Engines Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors and KMP of Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited currently reports 4 directors and 1 key managerial person. 41 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Nilkanth Bade | Company Secretary | 31 Mar 2014 | 12 Years 4 Months | As last reported |
| Vinay Digamber Khanolkar | Director | 12 Jun 2023 | 3 Years 2 Months | As last reported |
| Shrikant Raghunath Marathe | Director | 31 Mar 2015 | 11 Years 4 Months | As last reported |
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Smita Piyush Mankad
Also directs:
Sml Mahindra Limited, Swaraj Engines Ltd, Bajaj Holdings & Investment Limited. and 5 more
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Director | 20 Apr 2020 | 6 Years 4 Months | As last reported |
| Nozar Cavas Bharucha | Director | 12 Jun 2023 | 3 Years 2 Months | As last reported |
Financials of Mahindra Heavy Engines Limited FY 2024 filings available
Mahindra Heavy Engines Limited reported revenue of ₹1,793.3 Cr (up 22.36% YoY) for FY 2024.
Ten-year financial statements for Mahindra Heavy Engines Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Mahindra Heavy Engines Limited
Shareholding and ownership data for Mahindra Heavy Engines Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mahindra Heavy Engines Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2022 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
| 29 Mar 2017 | Others | ₹115 Cr | Satisfied |
| 11 Aug 2015 | Kotak Mahindra Bank Limited | ₹200 Cr | Satisfied |
| 23 Jun 2010 | Others | ₹73.54 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited has a workforce of 264 employees as of Apr 09, 2024.
Employee and EPFO history for Mahindra Heavy Engines Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mahindra Heavy Engines Limited
GST registrations and filing compliance for Mahindra Heavy Engines Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Heavy Engines Limited
Credit ratings, litigation, and regulatory alerts for Mahindra Heavy Engines Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mahindra Heavy Engines Limited
MSME payment history for Mahindra Heavy Engines Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mahindra Heavy Engines Limited
Corporate group structure for Mahindra Heavy Engines Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahindra Heavy Engines Limited
MCA filings and documents for Mahindra Heavy Engines Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mahindra Heavy Engines Limited
Recent News on Mahindra Heavy Engines Limited
Frequently Asked Questions about Mahindra Heavy Engines Limited
Mahindra Heavy Engines Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mahindra Heavy Engines Limited is a amalgamated public limited company in the automotive sector based in Mumbai, Maharashtra, India. It was incorporated on 09 April 2007 and is registered under CIN U35914MH2007PLC169753. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Mahindra Heavy Engines Limited was incorporated on 09 April 2007. Registered with ROC Mumbai.
The current directors and KMP of Mahindra Heavy Engines Limited are:
- Kiran Nilkanth Bade - Company Secretary
- Vinay Digamber Khanolkar - Director
- Shrikant Raghunath Marathe - Director
- Smita Piyush Mankad - Director
- Nozar Cavas Bharucha - Director
The CIN (Corporate Identification Number) of Mahindra Heavy Engines Limited is U35914MH2007PLC169753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Mahindra Heavy Engines Limited is automotive. The company specifically operates in auto parts and components.