About Minda Rinder Private Limited
Data last updated:
Minda Rinder Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Minda Industries 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 18 January 1988.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U31506PN1988PTC045915. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2.95 Cr and a paid-up capital of ₹85 Lakh. It was led by directors including Xabier Pablo Esquibel (Whole-Time Director) and Sudhir Jain.
Its last annual general meeting (AGM) was held on 31 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Gut No. 148 Mahalunge Ingale Off Chakan Talegaon Road Tal Khed, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2019, the company reported a revenue of ₹661.82 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹16.48 Cr (net margin 2.5%) and EBITDA of ₹55.75 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company had about 346 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹12.39 Cr on record.
The last known website on record is rinder.in.
Company details
Contact details
Minda Rinder Private Limited's registered office is in Pune, Maharashtra. Its website is rinder.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGut No. 148 Mahalunge Ingale Off Chakan Talegaon Road Tal Khed, Pune, Maharashtra, India – 410501
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Minda Rinder 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
Business activity
The main business activity of Minda Rinder 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 Rinder Private Limited, buy the company report.
Financials of Minda Rinder Private Limited
FY 2019 filings availableMinda Rinder Private Limited reported revenue of ₹661.82 Cr (up 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 21% growth in the latest year. EBITDA rose 12% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹661.82 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹55.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.48 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Rinder Private Limited, buy the company report.
Board of directors of Minda Rinder Private Limited
Minda Rinder has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Jain | Director | 04 Jun 2016 | 10 Years 4 Months | As last reported |
| Pradip Kumar Tewari Also directs: Supreme Nonwoven Industries Private Limited | Director | 04 Jun 2016 | 10 Years 4 Months | As last reported |
| Pallak Minda Also directs: Roki Uno Minda Co. Private Limited, Uno Minda Infrastructure LLP, Shreeaumji Logistics LLP and 5 more | Additional Director | 25 Oct 2019 | 7 Years 0 Months | As last reported |
| Xabier Pablo Esquibel | Whole-Time Director | 27 Mar 2015 | 11 Years 7 Months | As last reported |
| Satish Sekhri Also directs: JK Files & Engineering Limited | Director | 30 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Minda Rinder Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Setco Auto Systems Private Limited | ₹662.56 Cr (FY 2025) | 16.0% | Kalol, Gujarat, India | |||
| Sedemac Mechatronics Limited | ₹662.54 Cr (FY 2025) | 24.0% | Pune, Maharashtra, India | |||
| Minda Rinder Private Limitedthis company | ₹661.82 Cr (FY 2019) | ₹16.48 Cr | 2.5% | 21.0% | 346 | Pune, Maharashtra, India |
| NS Instruments India Private Limited | ₹660.5 Cr (FY 2025) | 30.0% | Chennai, Tamil Nadu, India | |||
| MSKH Seating Systems India Private Limited | ₹653.4 Cr (FY 2025) | 89.0% | Pune, Maharashtra, India |
To see the full peer comparison of Minda Rinder Private Limited, buy the company report.
Auditor
Minda Rinder Private Limited is audited by B S R & Co. LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2019 | 101248W/W100022 |
Shareholding
The shareholding of Minda Rinder 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 Minda Rinder Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2016 | 100024157 | Others | ₹4.94 Cr | Satisfied | |
| 05 May 2016 | 100024160 | Others | ₹5.7 Cr | Satisfied | |
| 01 Nov 2004 | 90088855 | Citibank N. A. | ₹1.75 Cr | Satisfied |
To see the full charge records of Minda Rinder Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Minda Rinder Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Minda Rinder Private Limited was last rated by Icra on 13 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 13 Aug 2020 |
To see the full credit ratings and regulatory alerts of Minda Rinder Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Minda Rinder Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minda Rinder Private Limited has a workforce of 346 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
Minda Rinder has 5 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 Minda Rinder Private Limited, buy the company report.
Recent activity
Minda Rinder Private Limited has 15 board changes on record since 2015: 5 appointments and 10 cessations. The latest: Pallak Minda was appointed as Additional Director on 25 Oct 2019.
14 earlier events are in the company report.
Frequently asked questions
Minda Rinder 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 Rinder was a private limited company based in Pune, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 18 January 1988 and is registered under CIN U31506PN1988PTC045915. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Minda Rinder was incorporated on 18 January 1988. It is registered with the Registrar of Companies, Pune.
Minda Rinder had 5 directors:
- Xabier Pablo Esquibel - Whole-Time Director
- Sudhir Jain - Director
- Pradip Kumar Tewari - Director
- Pallak Minda - Additional Director
- Satish Sekhri - Director
The CIN (Corporate Identification Number) of Minda Rinder is U31506PN1988PTC045915. 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 Rinder is at Gut No. 148 Mahalunge Ingale Off Chakan Talegaon Road Tal Khed, Pune, Maharashtra, India – 410501.
Minda Rinder can be reached through the website rinder.in. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Minda Rinder on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 July 2019. Year-wise statements from 2015 are in the company report.
No. Minda Rinder has 5 GST registrations on record and all of them are cancelled or inactive.
Minda Rinder operated in the automotive industry, in the auto parts and components segment.
The peers of Minda Rinder by revenue are Setco Auto Systems Private Limited, Sedemac Mechatronics Limited, NS Instruments India Private Limited, MSKH Seating Systems India Private Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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