About Greycells Automobiles Private Limited
Data last updated:
Greycells Automobiles Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 February 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U50102MH2011PTC214156.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kiran Jayendra Thakkar and Daxa Pratap Thakkar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.41 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.55 Lakh (net margin 0.7%) and EBITDA of ₹9.49 Lakh (EBITDA margin 1.1%).
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The last known website on record is greycellmotors.com.
Company details
Contact details
Greycells Automobiles Private Limited's registered office is in Mumbai, Maharashtra. Its website is greycellmotors.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGala No. 9 & 10 Nahur Udyog Premises Co – Op. Society Ltd Nahur Village M.M Marg Mulu, Nd – West, Mumbai, Maharashtra, India – 400080
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Greycells Automobiles 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 Greycells Automobiles is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Greycells Automobiles Private Limited, buy the company report.
Financials of Greycells Automobiles Private Limited
FY 2017 filings availableGreycells Automobiles Private Limited reported revenue of ₹8.41 Cr (down 14% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA fell 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.41 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.49 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.55 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | ||
| Net Profit Margin | 0.7% | ||
| 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 Greycells Automobiles Private Limited, buy the company report.
Board of directors of Greycells Automobiles Private Limited
Greycells Automobiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Jayendra Thakkar | Director | 28 Feb 2011 | 15 Years 8 Months | As last reported |
| Daxa Pratap Thakkar | Director | 28 Feb 2011 | 15 Years 8 Months | As last reported |
Shareholding
The shareholding of Greycells Automobiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Greycells Automobiles Private Limited, buy the company report.
Legal cases
Greycells Automobiles Private Limited has 4 court cases on record: 3 filed by Greycells Automobiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M/S. Senator Motors Private Limited and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ms Senator Motors Pvt Ltd and Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S. Senator Motors Private Limited and 2 others | Disposed |
| Bombay High Court | Court case (APL) | Filed against the company | Disposed |
To see the full case history of Greycells Automobiles Private 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 Greycells Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Greycells Automobiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Greycells Automobiles Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Daxa Pratap Thakkar was appointed as Director on 28 Feb 2011.
Frequently asked questions
Greycells Automobiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Greycells Automobiles was a private limited company based in Mumbai, Maharashtra, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 28 February 2011 and is registered under CIN U50102MH2011PTC214156. The company has been struck off by the Registrar of Companies and is no longer operational.
Greycells Automobiles had 2 directors:
- Kiran Jayendra Thakkar - Director
- Daxa Pratap Thakkar - Director
The CIN (Corporate Identification Number) of Greycells Automobiles is U50102MH2011PTC214156. 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 Greycells Automobiles is at Gala No. 9 & 10 Nahur Udyog Premises Co – Op. Society Ltd Nahur Village M.M Marg Mulu, Nd – West, Mumbai, Maharashtra, India – 400080.
Greycells Automobiles was incorporated on 28 February 2011. It is registered with the Registrar of Companies, Mumbai.
Greycells Automobiles can be reached through the website greycellmotors.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Greycells Automobiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Greycells Automobiles operated in the automotive industry, in the auto dealership and trading segment. It worked in this industry before it was struck off.
Greycells Automobiles has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
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