Mhe Rentals India Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2016.

2016 Mumbai, Maharashtra, India Active

Last Updated: December 10, 2025

About Mhe Rentals India Private Limited

Mhe Rentals India Private Limited, a active private limited company, was established on 21 December 2016 in Mumbai, Maharashtra, India. Engaging in equipment leasing & financing within the support service to organizations sector, it holds CIN: U71290MH2016PTC311695. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹13.00 Cr and a paid-up capital of ₹9.99 Cr.

It upholds a compliant status. Employing 264 professional, Its leadership includes Pramod Madhukar Pophale (Director), Lakshmanraju Sharath Kumar (Director), Vishal Jain (Whole-Time Director). Past directors included Kailash Somani Chandra, Sanjiv Swarup, Nandita Anand Dalal. It holds ₹10.60 Cr open charges and ₹15.37 Cr settled loans. Its latest AGM occurred on 22 September 2025, with the balance sheet filed on 31 March 2025. It is based at 304, 3Rd Floor, Bharat Chamber, Sant Tukaram Road, Carnac Bunder, Mumbai, Maharashtra, 400009.

Company Details

CIN/LLPIN
U71290MH2016PTC311695
Registration Number
311695
Incorporation Date
21 December 2016
Authorized Capital
₹13.00 Cr
Paid-Up Capital
₹9.99 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 13.00 Cr as on 10-12-2025
Paid Up Capital ₹ 9.99 Cr as on 10-12-2025
Company Age 9 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 10.60 Cr as on 10-12-2025
Satisfied Charges ₹ 15.37 Cr as on 10-12-2025
Revenue Growth **** 6.34% (FY 2023)
Profit Growth **** 269.37% (FY 2023)
Ebitda **** 6.72% (FY 2023)
Net Worth 8.92% (FY 2023)
Total Assets -8.07% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mhe Rentals 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 Mhe Rentals India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pramod Madhukar Pophale	Director	30 Jan 2024	Current
Lakshmanraju Sharath Kumar	Director	01 Apr 2023	Current
Vishal Jain	Whole-Time Director	21 Apr 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Nov 2017	Past
Pramod Abcsdd	Additional Director	01 Sep 2024	Past
Pramod Abcsdd	Additional Director	21 Apr 2017	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	01 Sep 2024	Past
Pramod Abcsdd	Additional Director	03 Sep 2023	Past

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Financial Performance of Mhe Rentals India.

Mhe Rentals India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.34% increase. The company also saw a substantial improvement in profitability, with a 269.37% increase in profit. The company's net worth moved up by a moderate rise of 8.92%.

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

********

6.34%

*******

Revenue from Operations

*******

6.54%

*******

Total Assets

*******

-8.07%

*******

Profit or Loss

*******

269.37%

*******

Net Worth

*******

8.92%

*******

EBITDA

*******

6.72%

*******

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What is the Ownership and Shareholding Structure of Mhe Rentals India?

In 2023, Mhe Rentals 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

₹106,009,932.00

Satisfied Charges

₹153,708,240.00

Charges Breakdown by Lending Institutions

Others : 5.77 Cr
The Zoroastrian Co-Operative Bank Limited : 4.83 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Oct 2024	The Zoroastrian Co-Operative Bank Limited	₹8.27 M	Open
14 Dec 2023	The Zoroastrian Co-Operative Bank Limited	₹4.00 Cr	Open
29 Dec 2021	Others	₹2.45 M	Open
26 Nov 2021	Others	₹8.43 M	Open
30 Sep 2021	Others	₹4.05 M	Open

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How Many Employees Work at Mhe Rentals India?

Mhe Rentals India has a workforce of 264 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Mhe Rentals 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 Mhe Rentals India's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mhe Rentals India

Recent Activity within the Organization

Annual General Meeting

Mhe Rentals India Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records. was recorded as a recent event.
22 Sep 2025
Charges

Progress on A charge registered on 04 Jan 2020 via Charge ID 100317574 with Hdfc Bank Limited was fully satisfied on 13 May 2025. was documented.
13 May 2025
Balance Sheet

Mhe Rentals India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 0.83 Cr with Charge ID 101001672 was registered on 22 Oct 2024. was documented.
22 Oct 2024
Director Appointment

Pramod Madhukar Pophale was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 2 years 18 days . was recorded as a recent event.
30 Jan 2024
Charges

A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100836717 was registered on 14 Dec 2023. was recorded as a recent event.
14 Dec 2023

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