About Minda Autoelektrik Limited
Data last updated:
Minda Autoelektrik Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Minda Corporation Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 15 March 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29221DL2007PLC160549. Its GSTIN is 06AAECP1951E1ZP (Haryana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.51 Cr. It was formerly known as Panalfa Autoelektrik Limited and Panalfa Autoelektrik Private Limited. It was led by directors including Sudhir Kashyap and Sunil Pahilajani.
Its last annual general meeting (AGM) was held on 25 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 15 Ashok Vihar Phase – I Delhi, New Delhi, Delhi, India – 110052.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.27 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹18 (net margin 0%) and EBITDA of ₹42 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 99% over three years.
As per MCA filings, the company had satisfied charges of ₹25.33 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹5.79 Cr; the latest was in March 2017.
The last known website on record is minda.co.in.
Company details
Name history
Minda Autoelektrik has undergone 2 name changes throughout its history. The company was previously known as Panalfa Autoelektrik Limited, and Panalfa Autoelektrik Private Limited. The current legal name is Minda Autoelektrik Limited.
| Company Name | Status |
|---|---|
| Minda Autoelektrik Limited | Current |
| Panalfa Autoelektrik Limited | Previous |
| Panalfa Autoelektrik Private Limited | Previous |
CIN history
Minda Autoelektrik has one previous CIN (Corporate Identification Number): U29221DL2007PTC160549. The current CIN is U29221DL2007PLC160549, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29221DL2007PLC160549 | Current |
| U29221DL2007PTC160549 | Previous |
Contact details
Minda Autoelektrik Limited's registered office is in New Delhi, Delhi. Its website is minda.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 15 Ashok Vihar Phase – I Delhi, New Delhi, Delhi, India – 110052
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Minda Autoelektrik 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
Business activity
The main business activity of Minda Autoelektrik is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Minda Autoelektrik Limited, buy the company report.
Financials of Minda Autoelektrik Limited
FY 2018 filings availableMinda Autoelektrik Limited reported revenue of ₹10.27 Cr (up 1% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 99%. EBITDA rose 27% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹10.27 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹42 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹18 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0% | |||
| Net Profit Margin | 0% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Minda Autoelektrik Limited, buy the company report.
Board of directors of Minda Autoelektrik Limited
Minda Autoelektrik has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kashyap | Director | 02 Apr 2016 | 10 Years 6 Months | As last reported |
| Sunil Pahilajani | Director | 25 Mar 2017 | 9 Years 7 Months | As last reported |
| Aakash Minda Also directs: Minda Corporation Limited, Minda-Hcmf Technologies Private Limited, Minda Infac Private Limited and 5 more | Additional Director | 01 Oct 2018 | 8 Years 0 Months | As last reported |
Auditor
Minda Autoelektrik Limited is audited by B S R & Co. LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2018 | 101248W/W100022 |
Shareholding
The shareholding of Minda Autoelektrik Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Minda Autoelektrik Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2011 | 10287189 | Axis Bank Ltd. | ₹8.75 Cr | Satisfied | |
| 18 Mar 2011 | 10277266 | Axis Bank Limited | ₹8.93 Cr | Satisfied | |
| 30 Jun 2008 | 10113517 | Bank of Baroda | ₹7.65 Cr | Satisfied |
To see the full charge records of Minda Autoelektrik Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Minda Autoelektrik Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹5.79 Cr; the latest was in March 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Minda Corporation Limited Seller: Pankaj Raghbeer Trust, Panalfa Enterprises Private Limited , Pankaj Raghbeer HUF, an individual |
| Sep 2016 | Rights issue | ₹13 Cr | Investors: Minda Corporation Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Pankaj Raghbeer Trust Seller: an individual |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Pankaj Raghbeer HUF, 3 individuals Seller: an individual |
| Nov 2007 | Funding round | ₹5.79 Cr | Investors: Panalfa Enterprises Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Minda Autoelektrik Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by an individual | Disposed |
To see the full case history of Minda Autoelektrik Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Minda Autoelektrik Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Minda Autoelektrik has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECP1951E1ZP | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minda Autoelektrik Limited, buy the company report.
Recent activity
Minda Autoelektrik Limited has 18 board changes on record since 2010: 3 appointments and 15 cessations. The latest: Aakash Minda was appointed as Additional Director on 01 Oct 2018.
16 earlier events are in the company report.
Frequently asked questions
Minda Autoelektrik 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.
Minda Autoelektrik was a public limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 15 March 2007 and is registered under CIN U29221DL2007PLC160549. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Minda Autoelektrik was incorporated on 15 March 2007. It is registered with the Registrar of Companies, Delhi.
Minda Autoelektrik had 3 directors:
- Sudhir Kashyap - Director
- Sunil Pahilajani - Director
- Aakash Minda - Additional Director
The CIN (Corporate Identification Number) of Minda Autoelektrik is U29221DL2007PLC160549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Minda Autoelektrik is at A – 15 Ashok Vihar Phase – I Delhi, New Delhi, Delhi, India – 110052.
Minda Autoelektrik can be reached through the website minda.co.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Minda Autoelektrik on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 25 July 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Minda Autoelektrik is 06AAECP1951E1ZP, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Minda Autoelektrik operated in the automotive industry, in the auto parts and components segment.
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