- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-06-0019275

About Hov Auto Limited
Data last updated:
Hov Auto Limited is a public limited company based in Gurugram, Haryana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2016PLC065753. Its GSTIN is 06AADCH9728C1ZN (Haryana). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Daan Singh and Rattan Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at House No. 3398 Ground Floor Sector – 23, Gurugram, Haryana, India – 122017.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.52 Cr (net margin -37.8%) and EBITDA of -₹1.47 Cr (EBITDA margin -36.7%).
Hov Auto Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0019275). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hovauto.in.
Company details
Recognitions & Rankings of Hov Auto
Contact details
Hov Auto Limited's registered office is in Gurugram, Haryana. Its website is hovauto.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 3398 Ground Floor Sector – 23, Gurugram, Haryana, India – 122017
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Hov Auto 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 Hov Auto is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hov Auto Limited, buy the company report.
Financials of Hov Auto Limited
FY 2019 filings availableHov Auto Limited reported revenue of ₹4.01 Cr (up 180% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 180% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹4.01 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.47 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.52 Cr | ||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -36.7% | ||
| Net Profit Margin | -37.8% | ||
| 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 Hov Auto Limited, buy the company report.
Board of directors of Hov Auto Limited
Hov Auto has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daan Singh Also directs: Goodchoice Solutions Private Limited | Additional Director | 24 Apr 2021 | 5 Years 5 Months | Current |
| Rattan Singh Also directs: Goodchoice Solutions Private Limited | Additional Director | 24 Apr 2021 | 5 Years 5 Months | Current |
| Jagtar Singh Also directs: Goodchoice Solutions Private Limited | Additional Director | 24 Apr 2021 | 5 Years 5 Months | Current |
Auditor
Hov Auto Limited is audited by Dinesh Kalra & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Kalra & Associates | FY 2019 | 012833N |
Shareholding
The shareholding of Hov Auto 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 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hov Auto Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hov Auto Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hov Auto Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hov Auto has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCH9728C1ZN | Haryana | Active | 16 Jul 2017 |
| 24AADCH9728C1ZP | Gujarat | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Hov Auto Limited, buy the company report.
Recent activity
Hov Auto Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Davinder Singh ceased to be Director on 26 Apr 2021.
Frequently asked questions
Hov Auto is an active public limited company based in Gurugram, Haryana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 September 2016 (10+ years old) and is registered under CIN U74999HR2016PLC065753.
Hov Auto has 3 current directors:
- Daan Singh - Additional Director
- Rattan Singh - Additional Director
- Jagtar Singh - Additional Director
The latest financial statements of Hov Auto on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Hov Auto is 06AADCH9728C1ZN, registered in Haryana. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 24AADCH9728C1ZP (Gujarat).
The CIN (Corporate Identification Number) of Hov Auto is U74999HR2016PLC065753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hov Auto was incorporated on 14 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Haryana.
Davinder Singh ceased to be Director on 26 Apr 2021. Jatinder Singh ceased to be Director on 26 Apr 2021. Rajinder Singh ceased to be Director on 26 Apr 2021. Hov Auto has 6 board changes on record in total.
Yes, Hov Auto is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0019275).
Hov Auto can be reached through the website hovauto.in. Its registered office is in Gurugram, Haryana, India.
The registered office of Hov Auto is at House No. 3398 Ground Floor Sector – 23, Gurugram, Haryana, India – 122017.