Mohindra Fasteners Limited (MFL) is a manufacturer of ‘High Tensile Fasteners’ used in Automotive, and Engineering sectors. The company’s infrastructure is spread across three plants with latest equipments for manufacturing of high quality fastener assortments. The company has initiated activities for a Greenfield expansion at a new location at IMT Rohtak, approximately 5 km away from the existing facilities.
Mohindra Fasteners Limited was incorporated as a Public Limited Company on 10th January, 1995and started its commercial production in 1997. The company is listed on the Metropolitan Stock Exchange (MSEI).Its wide range of products are categorised under two industry verticals comprising of:
Standard / Norm Parts as per various standards
Drawing / Print / Automotive Parts
MFL also manufactures fasteners in materials such as stainless steel and brass. The major clients of the company are Hero MotoCorp Limited, Maruti Suzuki, Hyundai India, and Tata Motors. The company derives nearly 40% of revenues from Domestic sales and the rest 60% from overseas sales.
The company owes its success to its lean manufacturing operations and dedication to quality at every step. The passion to serve its customers with the best has successfully translated to significant market share both in domestic and overseas market(s).
CIN of Mohindra Fasteners |
L74899DL1995PLC064215 |
Registration Date of Mohindra Fasteners |
10th January,1995 |
Category/Sub-category of Mohindra Fasteners |
Public Company, Limited by shares |
Mohindra Fasteners Registered office address and contact details |
304 Gupta Arcade, Inder Enclave, Delhi-Rohtak Road, New Delhi -110087 Tel. No.: +91-11–46200400 |
Mohindra Fasteners Registrar and Transfer Agent address and contact details |
Mr. Virender Rana, Director Skyline Financial Services Private Limited, D-153/A, Ist Floor, Okhla Industrial Area, Phase-1, New Delhi-110020 Tel. No.: +91-11–40450193-97 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Manufacture of High Tensile Fasteners |
2599 |
100% |
Mr. Deepak Arneja - Managing Director
Mr. Ravinder Mohan Juneja - Managing Director
Mr. Ranbir Singh Narang - Non Executive DIrector
Mr. Vivek Arora - Non – Executive & Independent Director
Mr. Ved Prakash Chaudhary - Non – Executive & Independent Director
Mrs. Shamoli Thakur - Non – Executive & Independent Director
Mohindra Fasteners Limited does not have any subsidiary or associate company.
|
Total Available Shares: 5892461 |
|
Face Value: |
Rs. 10 Per Equity Share |
|
ISIN: |
INE705H01011 |
|
Pan No. |
AAACM6749D |
|
GST No. |
06AAACM6749D1ZK |
|
Lot Size: |
100 |
|
Last Traded Price: |
Rs. 250/- |
|
|
|
Category |
No. of Shares |
% of Shares held |
|
Promoters |
41,41,440 |
70.28 |
|
Others |
17,51,021 |
29.72 |
|
Total |
58,92,461 |
100% |
FAQ's on Mohindra Fasteners
Q: What is the face
value of Mohindra Fasteners Ltd shares?
Answer:
The face value of Mohindra Fasteners Ltd is ₹10 per equity share.
Q: How can I buy
Mohindra Fasteners unlisted shares through WWIPL?
Answer:
Investors can complete their KYC, confirm the transaction with WWIPL, transfer
the funds, and receive the shares directly in their Demat account.
Q: Why should I buy
Mohindra Fasteners shares through WWIPL?
Answer:
WWIPL offers transparent pricing, secure transactions, seamless Demat
transfers, and dedicated support throughout the investment process.
Q: Is investing in
Mohindra Fasteners Ltd a good idea?
Answer:
Investors generally evaluate Mohindra Fasteners based on its leadership in
high-tensile fasteners, relationships with automotive OEMs, financial
performance, and long-term growth potential.
Q: Why do investors
buy Mohindra Fasteners shares before a potential IPO or wider market
recognition?
Answer:
Investors seek early exposure to an established engineering company,
anticipating value creation through business growth and improved market
visibility.
Q: What business
does Mohindra Fasteners Ltd operate in?
Answer:
Mohindra Fasteners manufactures high-tensile
fasteners used in the automotive
and engineering sectors, supplying precision-engineered
products to OEMs and industrial customers.
Q: What makes
Mohindra Fasteners different from other unlisted engineering companies?
Answer:
The company specializes in high-strength fasteners, operates multiple
manufacturing facilities, and focuses on serving automotive and industrial
customers with quality-certified products.
Q: What are the key
growth drivers for Mohindra Fasteners Ltd?
Answer:
Growth in automobile production, increasing demand from engineering industries,
export opportunities, capacity expansion, and operational efficiency are key
growth drivers.
Q: What factors
affect the valuation of Mohindra Fasteners shares?
Answer:
Revenue growth, EBITDA margins, OEM customer relationships, export performance,
production capacity, profitability, and industry demand significantly influence
valuation.
Q: Are Mohindra
Fasteners shares available in Demat form?
Answer:
Yes. Shares purchased through WWIPL are transferred directly to the investor's
Demat account.
Q: Can I sell my
Mohindra Fasteners shares through WWIPL?
Answer:
Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to
market demand and availability.
Q: What documents
are required to buy Mohindra Fasteners shares through WWIPL?
Answer:
Investors generally need PAN, Aadhaar, Client Master Report CMR, and bank
account details to complete the transaction.
Q: What are the
risks of investing in Mohindra Fasteners shares?
Answer:
Investors should consider automotive industry cyclicality, raw material price
fluctuations, customer concentration, execution risks, and liquidity
constraints associated with unlisted shares.
Q: How does WWIPL
help investors track Mohindra Fasteners investments?
Answer:
WWIPL provides company updates, transaction assistance, market insights, and
ongoing investment support to help investors stay informed.
Q: How long does it
take for Mohindra Fasteners shares purchased through WWIPL to be credited to a
Demat account?
Answer:
Shares are generally transferred to the investor's Demat account after
successful completion and verification of the transaction.
Q: What should
investors evaluate before investing in Mohindra Fasteners Ltd?
Answer:
Investors should assess the company's financial performance, OEM customer base,
manufacturing capabilities, profitability, valuation, and long-term growth
prospects.
Q: Can Mohindra
Fasteners benefit from India's automotive and manufacturing growth?
Answer:
Yes. Rising vehicle production, localization of components, export growth, and
expansion of India's manufacturing sector could create long-term opportunities
for the company.