Man Truck & Bus India Private Limited - Company Profile

It is a automotive private limited company based in Haveli, Maharashtra, India, established in 2006.

2006 Haveli, Maharashtra, India Active

Last Updated: January 05, 2026

About Man Truck & Bus India Private Limited

Man Truck & Bus India Private Limited, a active private limited company, was established on 08 March 2006 in Haveli, Maharashtra, India. Engaging in commercial vehicles & fleet within the manufacturing sector, it holds CIN: U34102PN2006PTC022147. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹135.80 Cr and a paid-up capital of ₹135.39 Cr.

Formerly known as Man Force Trucks Private Limited, Man Trucks India Private Limited. It upholds a compliant status. Its leadership includes Ashish Dugar (Managing Director), Stephan Schuett (Director), Matthias Horst Mahr (Additional Director). Past directors included Stefan Hubert Xaver Georg Holzmann, Vinay Mohanlal Mundada, Michael Ulverich. It holds no open charges and ₹312.50 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Agile It Project, Office Floor No.6, Survey No.32 & 33 Part,, Malpani Agile, Pan Card Club Road, Baner, Haveli, Maharashtra, 411045.

Company Details

CIN/LLPIN
U34102PN2006PTC022147
Registration Number
022147
Incorporation Date
08 March 2006
Authorized Capital
₹135.80 Cr
Paid-Up Capital
₹135.39 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 135.80 Cr as on 05-01-2026
Paid Up Capital ₹ 135.39 Cr as on 05-01-2026
Company Age 19 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 312.50 Cr as on 05-01-2026
Revenue Growth **** 41.76% (FY 2023)
Profit Growth **** 40.73% (FY 2023)
Ebitda **** 138.22% (FY 2023)
Net Worth 5.28% (FY 2023)
Total Assets **** 5.46% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Man Truck & Bus India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Man Truck & Bus India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashish Dugar	Managing Director	25 Nov 2022	Current
Stephan Schuett	Director	24 Jun 2019	Current
Matthias Horst Mahr	Additional Director	09 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	08 Aug 2012	Past
Pramod Abcsdd	Director	21 Jan 2009	Past
Pramod Abcsdd	Director	30 Jun 2017	Past
Pramod Abcsdd	Director	28 Nov 2016	Past
Pramod Abcsdd	Director	11 Dec 2014	Past
Pramod Abcsdd	Managing Director	01 Oct 2016	Past

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Financial Performance of Man Truck & Bus India.

Man Truck & Bus India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.76% increase. The company also saw a substantial improvement in profitability, with a 40.73% increase in profit. The company's net worth moved up by a moderate rise of 5.28%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

41.76%

*******

Revenue from Operations

*******

25.12%

*******

Total Assets

*******

5.46%

*******

Profit or Loss

*******

40.73%

*******

Net Worth

*******

5.28%

*******

EBITDA

*******

138.22%

*******

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What is the Ownership and Shareholding Structure of Man Truck & Bus India?

In 2023, Man Truck & Bus India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,125,000,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 307.00 Cr
Canara Bank : 5.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Jul 2011	Canara Bank	₹5.50 Cr	Satisfied
30 Mar 2007	State Bank Of India	₹90.00 Cr	Satisfied
24 Nov 2006	State Bank Of India	₹217.00 Cr	Satisfied

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How Many Employees Work at Man Truck & Bus India?

Unlock and access historical data on people associated with Man Truck & Bus India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Man Truck & Bus India, 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 Man Truck & Bus India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Man Truck & Bus India

Recent Activity within the Organization

Annual General Meeting

Man Truck & Bus India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.
25 Sep 2025
Director Appointment

Progress on Matthias Horst Mahr was appointed as a Additional Director was appointed as a Additional Director on 09 Apr 2025 & has been associated with this company since 10 months 21 days . was documented.
09 Apr 2025
Balance Sheet

The activity Man Truck & Bus India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.
31 Mar 2025
Director Appointment

Progress on Ashish Dwivedi was appointed as a Cfo was appointed as a Cfo on 18 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
18 Sep 2024
Director Appointment

The activity Mukta Ajinkya Kulkarni was appointed as a Company Secretary was appointed as a Company Secretary on 18 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
18 Jul 2024
Director Appointment

Progress on Ashish Dugar was appointed as a Managing Director was appointed as a Managing Director on 25 Nov 2022 & has been associated with this company since 3 years 3 months . was documented.
25 Nov 2022

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