Reise Mitas Tires LLP
About Reise Mitas Tires LLP
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Reise Mitas Tires LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 February 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-4094.
The LLP has a total obligation of contribution of ₹230.35 Cr. It is led by designated partners including Sanjay Lakshman Mangharam Motoomull Melvani and Ashok Bhukhmaria.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 304 3rd Floor Peninsula Chambers Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹12.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6 Cr (net margin -48.5%) and EBITDA of -₹11.39 Cr (EBITDA margin -92%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years.
The LLP has about 227 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹100 Cr on record.
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- Registered Address301 – 304 3rd Floor Peninsula Chambers Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryAutomotive, Auto Parts & Components
- 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
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Financials of Reise Mitas Tires LLP FY 2025 filings available
Reise Mitas Tires LLP reported revenue of ₹12.38 Cr (up 653% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Reise Mitas Tires LLP
Revenue has grown at a compounded annual rate (CAGR) of 98% over three years, including 653% growth 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 of Reise Mitas Tires LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹6 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Reise Mitas Tires LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -48.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Reise Mitas Tires are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Reise Mitas Tires LLP
Reise Mitas Tires has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Lakshman Mangharam Motoomull Melvani | Designated Partner | 28 Feb 2019 | 7 Years 7 Months | Current |
| Ashok Bhukhmaria Also directs: Mahansaria Tyres Private Limited | Designated Partner | 25 Nov 2021 | 4 Years 10 Months | Current |
| Enrico Lotti | Designated Partner | 04 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Reise Mitas Tires LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Reise Mitas Tires LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Axis Bank Limited | ₹20 Cr | Open |
| 26 Mar 2024 | Axis Bank Limited | ₹80 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Reise Mitas Tires LLP
Reise Mitas Tires LLP has a workforce of 227 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Reise Mitas Tires LLP
Reise Mitas Tires LLP has 5 designated partner changes on record since 2019: 3 appointments and 2 cessations. The latest: Enrico Lotti was appointed as Designated Partner on 04 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Reise Mitas Tires LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Reise Mitas Tires LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Reise Mitas Tires LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Reise Mitas Tires LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Reise Mitas Tires LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Reise Mitas Tires LLP
Reise Mitas Tires is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in auto parts and components, within the automotive industry. It was incorporated on 28 February 2019 (7+ years old) and is registered under LLPIN AAO-4094.
Reise Mitas Tires reported revenue of ₹12.38 Cr for FY 2023 (up 653% YoY).
Reise Mitas Tires has 3 current designated partners:
- Sanjay Lakshman Mangharam Motoomull Melvani - Designated Partner
- Ashok Bhukhmaria - Designated Partner
- Enrico Lotti - Designated Partner
Reise Mitas Tires reported a net loss of ₹6 Cr (net margin -48.5%) and EBITDA of -₹11.39 Cr (EBITDA margin -92%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reise Mitas Tires is 98% over three years. In the latest year (FY 2023) revenue rose 653%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Reise Mitas Tires is AAO-4094. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Reise Mitas Tires was incorporated on 28 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Enrico Lotti was appointed as Designated Partner on 04 Apr 2023. Sanjay Lakshman Mangharam Motoomull Melvani ceased to be Designated Partner on 04 Apr 2023. Ashok Bhukhmaria was appointed as Designated Partner on 25 Nov 2021. Reise Mitas Tires has 5 designated partner changes on record in total.
The registered office of Reise Mitas Tires is at 301 – 304 3rd Floor Peninsula Chambers Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
The total obligation of contribution is ₹230.35 Cr.