Majestic Mobikes Private Limited
About Majestic Mobikes Private Limited
Data last updated:
Majestic Mobikes Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 September 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U05040KA1999PTC025763. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹48 Lakh and a paid-up capital of ₹48 Lakh.
Its last annual general meeting (AGM) was held on 21 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No.2509 26th Cross 17th Main Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2020, the company reported a revenue of ₹39,630. For the same year it recorded a net loss of ₹45,730 (net margin -115.4%) and EBITDA of -₹45,730 (EBITDA margin -115.4%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 84% over five years.
As per MCA filings, the company has satisfied charges of ₹1.9 Cr on record.
Company details
Contact details
Majestic Mobikes Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.2509 26th Cross 17th Main Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Majestic Mobikes Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Majestic Mobikes Private Limited
FY 2020 filings availableMajestic Mobikes Private Limited reported revenue of ₹39,630 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over five years. EBITDA rose 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹45,730 | ||||
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| Net Profit (PAT) | -₹45,730 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -115.4% | ||||
| Net Profit Margin | -115.4% | ||||
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To see the full financial statements and ratios of Majestic Mobikes Private Limited, buy the company report.
Board of directors of Majestic Mobikes Private Limited
Majestic Mobikes has 9 former directors on record and no current directors listed.
Peer comparison
Majestic Mobikes Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiva Forge Pvt Ltd | ₹40,470 (FY 2025) | Howrah, West Bengal, India | ||||
| Tezta Electric Mobility and Energy Private Limited | ₹40,269 (FY 2023) | -13.0% | Dindigul, Tamil Nadu, India | |||
| Aditya Engineering and Electricals Hosur Private Limited | ₹40,210 (FY 2024) | Dharmapuri, Tamil Nadu, India | ||||
| Hitech Car Masters Private Limited | ₹40,175 (FY 2019) | -99.0% | New Delhi, Delhi, India | |||
| Gandhi Automobiles Private Limited | ₹39,700 (FY 2025) | -5.0% | Udaipur, Rajasthan, India | |||
| Majestic Mobikes Private Limitedthis company | ₹39,630 (FY 2020) | -₹45,730 | -115.4% | Bangalore, Karnataka, India | ||
| Devta Auto Services Private Limited | ₹39,520 (FY 2023) | -95.0% | Patna, Bihar, India | |||
| Garodia Automobiles Private Limited | ₹38,900 (FY 2021) | -68.0% | Kolkata, West Bengal, India | |||
| Welkin Auto Limited | ₹38,497 (FY 2023) | -13.0% | New Delhi, Delhi, India | |||
| Cai Automobiles Private Limited | ₹38,305 (FY 2022) | -97.0% | Coimbatore, Tamil Nadu, India | |||
| Kalindi Pictures Pvt.Ltd. | ₹38,200 (FY 2024) | 3.0% | Etawah, Uttar Pradesh, India |
To see the full peer comparison of Majestic Mobikes Private Limited, buy the company report.
Auditor
Majestic Mobikes Private Limited is audited by SATISH SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH SHAH & ASSOCIATES | FY 2019 | 050071S |
Shareholding
The shareholding of Majestic Mobikes Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Majestic Mobikes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2009 | 10152033 | The Karnataka Bank Limited | ₹1.9 Cr | Satisfied |
To see the full charge records of Majestic Mobikes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Majestic Mobikes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Majestic Mobikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Majestic Mobikes Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Majestic Mobikes has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Majestic Mobikes Private Limited, buy the company report.
Recent activity
Majestic Mobikes Private Limited has 9 board changes on record since 2011: 0 appointments and 9 cessations. The latest: Jaisukhlal Manekhlal Parekh ceased to be Whole-Time Director on 04 Nov 2020.
2 earlier events are in the company report.
Frequently asked questions
Majestic Mobikes has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Majestic Mobikes was a private limited company based in Bangalore, Karnataka, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 27 September 1999 and is registered under CIN U05040KA1999PTC025763. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Majestic Mobikes is U05040KA1999PTC025763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Majestic Mobikes was incorporated on 27 September 1999. It is registered with the Registrar of Companies, Bangalore.
The registered office of Majestic Mobikes is at No.2509 26th Cross 17th Main Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
The latest financial statements of Majestic Mobikes on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 September 2020. Year-wise statements from 2015 are in the company report.
No. Majestic Mobikes has 2 GST registrations on record and all of them are cancelled or inactive.
Majestic Mobikes operated in the automotive industry, in the auto dealership and trading segment.
The peers of Majestic Mobikes by revenue are Shiva Forge Pvt Ltd, Tezta Electric Mobility and Energy Private Limited, Aditya Engineering and Electricals Hosur Private Limited, Hitech Car Masters Private Limited, Gandhi Automobiles Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Jaisukhlal Manekhlal Parekh ceased to be Whole-Time Director on 04 Nov 2020. Jyotiben Jayasukhlal Parekh ceased to be Whole-Time Director on 04 Nov 2020. Maheshchandra Maneklal Parekh ceased to be Whole-Time Director on 04 Nov 2020. Majestic Mobikes has 9 board changes on record in total.
Majestic Mobikes has no open charges and satisfied charges of ₹1.9 Cr as per latest MCA filings.
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