Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U35911MH2008PLC185462 Incorporated 05 August 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company automotive
Data last updated
Revenue · FY 2024
₹381.43 Cr
▲ 9.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹1,950 Cr
Registered with MCA
Paid-up capital
₹82.82 Cr
Issued & subscribed
Open charges
None
Satisfied ₹587 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
13
Latest available

About Mahindra Two Wheelers Limited

Data last updated: 30 July 2025

Mahindra Two Wheelers 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 automobile dealership and trading, a part of the broader automotive sector. Incorporated on 05 August 2008.

Registered with ROC Mumbai under CIN U35911MH2008PLC185462.

Capital: an authorised share capital of ₹1,950 Cr and a paid-up capital of ₹82.82 Cr. Formerly known as Mahindra Two Wheelers Private Limited. It was led by directors including Rucha Nanavati and Shrikant Raghunath Marathe.

Last AGM: 15 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 ₹381.43 Cr, a growth of 9% compared to the previous year.

The company had a reported workforce of approximately 13 employees prior to being dissolved. It operated as a subsidiary of Mahindra And Mahindra Limited.

The company was associated with 2 brands - Mahindra, Mahindra & Mahindra Two Wheelers Division. As per MCA filings, the company had satisfied charges of ₹587 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 mahindratwowheelers.com.

Company Details of Mahindra Two Wheelers Limited
CIN U35911MH2008PLC185462
Registration Number 185462
Incorporation Date 05 August 2008
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 15 May 2024
Date of Balance Sheet 31 March 2024
Parent Company Mahindra And Mahindra Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Mahindra Towers P. K. Kurne Chowk, Worli India, Mumbai, Maharashtra, India – 400018
  • Industry
    Automotive, Auto Dealership & Trading
Company report
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Financials, compliance, directors, charges, ownership and filings for Mahindra Two Wheelers Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited has one previous CIN (Corporate Identification Number): U35911MH2008PTC185462. The current CIN is U35911MH2008PLC185462, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U35911MH2008PLC185462 Current
U35911MH2008PTC185462 Previous

Associated Brands with Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited operates two associated brands: Mahindra and Mahindra & Mahindra Two Wheelers Division. These brands represent Mahindra Two Wheelers Limited's diversified market presence and brand portfolio.

Brand Description Website
Diversified operations span automotive, agriculture, and financial services. mahindra.com
Two-wheelers are manufactured and marketed by the division in India. mahindratwowheelers.com

Competitors & Alternatives of Mahindra Two Wheelers Limited

Brands and companies operating in the same space as Mahindra Two Wheelers Limited include Ultraviolette, Harley Davidson, Zero Motorcycles and 7 more.

Competitor Description Location Founded
Ultraviolette Ultraviolette High-performance electric motorcycles for street and sports use are engineered. Bengaluru, India, India 2016
Harley Davidson Harley Davidson Motorcycles are manufactured, along with parts, apparel, and financial services. Milwaukee, United States, United States 1903
Zero Motorcycles Zero Motorcycles Manufacturer of electric motorbikes Scotts Valley, United States, United States 2006
Hero MotoCorp Hero MotoCorp Motorcycles, scooters, and electric vehicles are manufactured and distributed. Delhi, India, India 1984
Damon Damon Electric motorcycles with advanced safety features are manufactured by Damon. Vancouver, Canada, Canada 2017
Oben Electric Oben Electric Electric motorcycles and components are designed and manufactured. Bengaluru, India, India 2020
Tork Motors Tork Motors Electric motorcycles with GPS trackers are manufactured by Tork Motors. Pimpri Chinchwad, India, India 2010
Tata Motors Tata Motors Cars, trucks, buses, and electric vehicles are manufactured. Mumbai, India, India 1868
Ford Ford Automobiles and commercial vehicles are manufactured by Ford. United States 1903
Eicher Motors Eicher Motors Commercial vehicles and two-wheelers are manufactured by Eicher Motors. Gurugram, India, India 1948

Business Activity of Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Auditor Details of Mahindra Two Wheelers Limited

Mahindra Two Wheelers 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
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Board of Directors and KMP of Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited currently reports 5 directors and 1 key managerial person. 33 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Nasir Kabir Deshmukh Ceo 01 Nov 2023 2 Years 9 Months As last reported
Rucha Nanavati Director 31 May 2023 3 Years 2 Months As last reported
Shrikant Raghunath Marathe Director 08 Jan 2018 8 Years 7 Months As last reported
Vinod Kumar Sahay Director 30 Jul 2020 6 Years 0 Months As last reported
Nozar Cavas Bharucha Director 27 Jan 2022 4 Years 6 Months As last reported
Arun Kumar Malhotra Director 08 Jan 2021 5 Years 7 Months As last reported

Financials of Mahindra Two Wheelers Limited FY 2024 filings available

Mahindra Two Wheelers Limited reported revenue of ₹381.43 Cr (up 9.00% YoY) for FY 2024.

Revenue · FY 2024
₹381.43 Cr ▲ 9.00%
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Ten-year financial statements for Mahindra Two Wheelers Limited

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Ownership and Shareholding of Mahindra Two Wheelers Limited

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Charges & Borrowings of Mahindra Two Wheelers Limited

Open charges
₹0
Satisfied charges
₹587 Cr
Breakdown by lending institutions
Ing Vysya Bank Limited₹152.00 Cr
Housing Development Finance Corporation Limited₹130.00 Cr
Kotak Mahindra Bank Limited₹125.00 Cr
Yes Bank Limited₹75.00 Cr
Indusind Bank Limited₹50.00 Cr
Others₹55.00 Cr
Latest charge details
DateLenderAmountStatus
03 Jul 2015 Yes Bank Limited ₹75 Cr Satisfied
12 Jan 2015 Ing Vysya Bank Limited ₹92 Cr Satisfied
27 Dec 2011 Housing Development Finance Corporation Limited ₹130 Cr Satisfied
22 Feb 2011 Ing Vysya Bank Limited ₹60 Cr Satisfied
23 Sep 2010 Kotak Mahindra Bank Limited ₹125 Cr Satisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Mahindra Two Wheelers Limited

Mahindra Two Wheelers Limited has a workforce of 13 employees as of Apr 05, 2024.

Employee count
13
Active EPFO establishments
1
Employee growth
-13.33%
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Employee and EPFO history for Mahindra Two Wheelers Limited

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GST Compliance of Mahindra Two Wheelers Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Two Wheelers Limited

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Credit ratings, litigation, and regulatory alerts for Mahindra Two Wheelers Limited

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MSME Payment Delays by Mahindra Two Wheelers Limited

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MSME payment history for Mahindra Two Wheelers Limited

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Subsidiaries & Group Companies of Mahindra Two Wheelers Limited

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MCA Filings & Documents of Mahindra Two Wheelers Limited

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MCA filings and documents for Mahindra Two Wheelers Limited

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Recent Activity on Mahindra Two Wheelers Limited

Activity
15 May 2024
Mahindra Two Wheelers Limited last Annual general meeting of members was held on 15 May 2024 as per latest MCA records.
Charges
18 Apr 2024
A charge registered on 03 Jul 2007 via Charge ID 10060752 with Hdfc Bank Limited was fully satisfied on 18 Apr 2024.
Activity
31 Mar 2024
Mahindra Two Wheelers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Directors
28 Nov 2023
Nasir Kabir Deshmukh was appointed as a CEO on 28 Nov 2023 & has been associated with this company since 2 years 8 months.
Directors
01 Nov 2023
Nasir Kabir Deshmukh was appointed as a CEO on 01 Nov 2023 & has been associated with this company since 2 years 9 months.
Directors
31 May 2023
Rucha Nanavati was appointed as a Director on 31 May 2023 & has been associated with this company since 3 years 2 months.

Frequently Asked Questions about Mahindra Two Wheelers Limited

Mahindra Two Wheelers 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 Two Wheelers Limited is a amalgamated public limited company in the automotive sector based in Mumbai, Maharashtra, India. It was incorporated on 05 August 2008 and is registered under CIN U35911MH2008PLC185462. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Mahindra Two Wheelers Limited was incorporated on 05 August 2008. Registered with ROC Mumbai.

The current directors and KMP of Mahindra Two Wheelers Limited are:

The CIN (Corporate Identification Number) of Mahindra Two Wheelers Limited is U35911MH2008PLC185462. 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 Two Wheelers Limited is automotive. The company specifically operates in auto dealership and trading.

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