Follow @ETAuto for the latest news, insider access to events and more. The Group companies are accredited withQS 9000, ISO-14001, and TSCertification. C. Details of services provided to investors / The scheme shall be effective upon filing of the certified copy with the Registrar of Companies Delhi. Greater Noida. VAST a global supplier of security/access control products for the motor vehicle industry will provide support to the JV for the locksets steering column locks latches strikers socket bows handles immobilisers passive entry start systems ignition switches hinges and power access.During the year 2015 the Company added new products such as MCL- Magnetic module lock set (mainly for scooters) Minda VAST- Electric steering column lock identifier Passive entry Door handle Latches and MASL- Control cables CDI Filters Wiper blades Ingnition coil Regulator Rectifier.The Company acquired 100% stake in Panalfa Autoelektrik Limited (PAL) with effect from 4 April 2016 after closure of the financial year under review. INTERGLOBE AVIATION LTD. 4.5%. A highly infectious third/fourth wave of COVID-19, leading to lockdowns or restricted mobility, could impact the business growth of all auto component manufacturers, due to reduced demand for new vehicles, as well as lower wear and tear of existing ones. vi. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization. Minda Corporation Ltd. (MINDACORP) - Company History. Industry: Business Activities The company is now a leading automotive component player with a global presence. Required fields are marked *. They offer customers a wide range of solutions including Casting Simulation, Prototyping, Tool Designing & Manufacturing, Assembly, Die Casting, Shot Blasting, Powder Coating, Core Making & multi-process Foundry services. Contact Email query@minda.co.in. Some of the top competitors are. The company has a state of the art Surface Finishing Division which is capable of plating Nickel Chrome Copper Brass Electrophoretic Lacquering Powder & Wet painting facility to give any type of finish to their products. Send Your Valuable Testimonial and Get 1 month Free Extension. Let us conclude our learning below. They have their Die Casting Division which develops Aluminium & Zinc Die Cast parts not only for Captive consumption but also for other Tier 1 & OEM customers in India and abroad. Both the companies are listed on the exchanges. Our reports and results reflect our trasformation and success over the years. UNO MINDA Group is a leading Tier 1 Supplier of Automotive Components to leading Original Equipment Manufacturers (OEMs) globally. ii. The US $445 Million Group, with a workforce of more than 16,000 is catering to the leading Passenger Vehicle, Commercial Vehicle, Motorcycle & Scooter, Off-road Vehicle & Tier 1 Manufacturers in India with presence in Indonesia, Vietnam, Uzbekistan, U.S.A. and Japan. IV. Check out our, Free MasterClass on Digital Marketing 101. by Karan Shah, the CEO and Founder of IIDE. The products are well accepted worldwide, both within OEMs and the Aftermarket. Edit Lists Featuring This Company Section, Minda Corp Q1 Results: PAT rises over six-fold to Rs 52.5 crore, Minda Corp, Pricol: These auto ancillary stocks may be the next big movers, Minda Corp jumps 7% on stellar March quarter results, dividend bounty, Asia Companies With More Than 500 Employees (Top 10K), Asia Public Companies With More Than 10 Employees (Top 10K). Presently, NK Minda owns and operates Minda Industries Ltd and Ashok Minda is the owner of Minda Corporation Ltd. [2] Both the companies are listed on the exchanges. The proposed merger will not result in expansion of equity capital or change in shareholding pattern of Minda Corporation, the company said. Any disruption in the availability or pricing of these raw materials may have a significant bearing on business profitability. Through training and learning initiatives, Minda Corporation has been able to develop highly qualified 16,000+ employees. Dont fall prey to luring advertisements or market rumours. Strategy is about making important decisions, and weaknesses are areas where a company could improve with the help of a SWOT analysis. Phone Number +91120.4787100. In April 22 2007 the company acquired 100% ownership of KTSN Kunststoffechnik Sachsen GmbH & Co. KG in Germany a limited liability partnership which resulted in availability of latest technology in the field of interior system and expanding customer base in the European market. Minda Industries Limited (MIL) is the flagship company of the UNO MINDA Group. Check for SEBI registration number. To provide research recommendation, based on analysis of publicly available information and known observations. It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. In September, the company rescinded the retrenchment of about 200 engineers. For the technological edge, we have a dedicated R&D facility and collaborations with the pioneers and leaders of the automobile industry. The company is headquartered at Noida.The company is the only in India to have their own- patented Magnetic Shutter for 2- wheeler application. For oversix decades, Spark Minda (erstwhile MINDA Group)has a major presence inGlobal Automotive Industryand is one of the leading manufacturers of automotive components for the OEMs. They are also the first company in India to develop a controller for e- bikes. Ask all relevant questions and clear your doubts with your Research Analyst before acting on the recommendation. Minda Corporation Limited is a diversified automotive components manufacturer with a product portfolio that encompasses Safety, Security and Restraint Systems; Plastic Interior Systems and Driver Information & Telematics Systems for auto OEMs across the globe. Its net worth from all its sources of funds (share capital, reserves, preference shares etc) is also less than some of its competitors (such as Endurance Tech) as per Money Controls analysis as of March 2021. Since the world goes online, marketing is transforming its aspects. * The classifications might have changed from Sep'2022 onwards. Discover the right bonds meeting your investment amount & investment horizon. Automotive to expand its EV presence by March 2022 and is in discussions with a few potential targets. 1. D. Details of grievance redressal mechanism and how to access it Dos Minda Corporation has been a global marketer since 1958 and deals in the following businesses: Competition among businesses may lead to the development of new or improved goods, as well as more efficient operations. C4-A, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051. Stock Radar: This financial services company breaks out from a 6-year corrective phase; time to buy? List of Associates/Relatives: Minda Corporation has a few major rival companies around the globe. Copyright @2023 UNO Minda. A. Another characteristic that made Minda Corporation renowned is its marketing actions. It is Minda's vision for people with disability to live enriched lives of their choosing, and purpose and mission to be a progressive organisation of choice for people with disability, supporting on their journey toward enriched lives with greater community participation and contribution. o To maintain confidentiality w.r.t publication of the research report until made available in the public domain. We are one of the India's leading manufacturers of automotive components Electronic & Mechanical Security Systems, Die Casting, Keyless Solutions, Starter & Alternator Motors, Telematics, ITS & IoT, Wiring Harnesses, Components, Instrument Clusters, Sensors, Interior Plastics and new component on electronics that cater to all major two, three, four-wheeler, commercial, off-road vehicle manufacturers in India & Overseas.. Disclosure with regards to receipt of compensation: The Company has 11 direct subsidiaries 13 step down subsidiaries 8 joint ventures and 2 associates as on March 31 2021. 2D/2, Udyog Kendra, Eco Tech-III Greater Noida-201308 District : Gautam Budh Nagar, Uttar Pradesh, India: +91-120-4798600: +91-120-4798642: sukhpal.singh@mindacorporation.com. III. During the year 2019 the investment of the Company in its joint venture company Furukawa Minda Electric Private Limited (Formerly Known as Minda Furukawa Electric Private Limited) has been reduced and the present shareholding of the Company in the said JV is 25%. Product Portfolio The group is a global player in the automotive sector with overseas manufacturing facilities in 8 countries; Indonesia, Vietnam, Thailand, Spain, Mexico, Morocco, Colombia and Germany, along with design offices in Taiwan, Spain and Germany. Creating a dynamic business environment, this segregated and proactive approach evolves into a more productive business module. To provide an independent unbiased view on securities. vii. Exclusive Marketing Strategy of Eicher Motors With STP Analysis & Campaigns, Precise Marketing Strategy of Digit Insurance With STP Analysis & Campaigns, Exclusive Marketing Strategy of Varun Beverages With STP Analysis and Campaigns, Online Digital Marketing Course (4 months). Promoter holding has increased by 1.11% over last quarter. Choose your reason below and click on the Report button. Privacy Policy | Data provided by C-MOTS Internet Technologies Pvt Ltd, Run queries on 10 years of financial data, See price trends of raw materials and finished goods, See companies where a person holds over 1% of the shares. Please refer to the list of all SEBI registered Research Analysts which is available on SEBI website in the following link: o To distribute research reports and recommendations to the clients without discrimination. With regard to physical complaints, investors may send their complaints to: Office of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan. Keep abreast of the latest in business. The organisation must develop a platform model that can combine suppliers, vendors, and end-users to ensure a secure supply chain. In addition it has a design office located in Japan.Minda Corporation Ltd is one of the largest suppliers of 2 wheeler 3 wheeler and Off Road vehicles Electronic & Mechanical Security System. It will give us a strategic analysis of its internal and external environment, which is crucial for understanding the SWOT Analysis of Minda Corporation. December 31 2021. SWOT Analysis is a tried-and-true tool that enables a company like Minda Corporation to compare its business and performance to that of its competitors. Learn how your comment data is processed. Check out investor presentations, information, codes & policies, business insights and more. Copyright e-Eighteen.com Ltd. All rights reserved. Minda Corporation holds the second largest Indian auto component group position for automotive components. Disclosure to Clients Schedule Of Analyst/Institutional Investor Meeting Intimation Under The SEBI (LODR), Regulations 2015. Minda has 1,114 employees What industry does Minda belong to? As we can see, Minda corporation has huge potential owing to its consistent performance and prestige as an old brand in India. Clarification sought from Minda Corporation Ltd. Deficiency of service may include lack of explanation, clarifications, understanding which escalates into shortfalls in the expected delivery standards, either due to inadequacy of facilities available or through the attitude of staff towards client. - The founder/associates/relatives have not received any compensation from the subject company in the past twelve months. The Company has 28 manufacturing facilities located across various parts of India including Maharashtra National Capital Region Tamil Nadu Uttarakhand Karnataka and Madhya Pradesh and 6 global manufacturing facilities in Germany Czech Republic Poland Mexico Indonesia and Vietnam. Village - Nawada, Fatehpur P.O. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Company Type For Profit. Minda Corporation devotes significant resources to employee training and development, resulting in a team that is not just highly competent but also driven to attain greater success. Mittal Analytics Private Ltd 2009-2023 Clients queries / complaints may arise due to lack of understanding or a deficiency of service experienced by clients. They are a leading car parts manufacturer in India Electronic and Mechanical Security Systems, Die Casting, Keyless Solutions, Starter and Alternator Motors, Telematics, ITS and IoT, Wiring Harnesses, Components, Instrument Clusters, Sensors, Interior Plastics and new parts on hardware that take special care of all significant two, three, four-wheeler, business, rough terrain vehicle makers in India and Overseas. Begin by searching one of 2100+ Top Companies listed on NSE and BSE, You may also like the below Video Courses. Minda Industries Vietnam Company (P) LTD. Minda Katolec Electronics Services (P) LTD. Denso Ten (P) LTD & Minda D - Ten (P) LTD, UNO Minda Limited - After Market Division, UNO Minda Limited - Advanced Electronics Division. Minda Corp foresees good potential of growing its wiring harness and die-casting business overseas and catching up with competitors in due course of time. India's sales of new vehicles totaled at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan. Minda is a diversified automotive components manufacturer with a product portfolio that encompasses Safety, Security and Restraint Systems. World goes online, marketing is transforming its aspects any disruption in availability. Market rumours, Free MasterClass on Digital marketing 101. by Karan Shah the! Area, Silicon Valley ), Operating Status of Organization e.g with competitors in course. A leading automotive component player with a global presence begin by searching one of 2100+ companies! The recommendation Group is a tried-and-true tool that enables a company like Minda Corporation Ltd. ( MINDACORP ) company. Company is now a leading Tier 1 Supplier of automotive components manufacturer a... 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