Ignite Motors Private Limited

Ignite Motors Private Limited - automobile in Cheruvathur, Kerala, India. Directors, charges & compliance details.
CIN U50400KL2020PTC063855 Incorporated 24 August 2020 ROC Ernakulam HQ Cheruvathur, Kerala, India
Active Private Limited Company automobile MSME · Micro
Revenue · FY 2023
₹79.49 Lakh
Latest filing
Net loss · FY 2023
₹1.3 Lakh
Net margin -1.6%
EBITDA · FY 2023
-₹1.15 Lakh
EBITDA margin -1.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.17 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Ignite Motors Private Limited

Data last updated:

Ignite Motors Private Limited is a private limited company based in Cheruvathur, Kerala, India. It operates in the motorcycle and related parts sale segment of the automobiles sector. It was incorporated on 24 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U50400KL2020PTC063855.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.17 Lakh. It is led by directors including Saharsh Hari Nayanar and Nidhin Kumar Puthiya Purayil.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Oppo. Vyaparabhavan Rly.Station Road Cheruvathur Post, Kerala, India – 671313.

As per the financials filed for FY 2023, the company reported a revenue of ₹79.49 Lakh. For the same year it recorded a net loss of ₹1.3 Lakh (net margin -1.6%) and EBITDA of -₹1.15 Lakh (EBITDA margin -1.4%).

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Ignite Motors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-05-0011125).

Company details

CIN U50400KL2020PTC063855
Registration Number 063855
Incorporation Date 24 August 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-KL-05-0011125
Key People
Saharsh Hari Nayanar Director Nidhin Kumar Puthiya Purayil Director Kripesh Koova Director

Recognitions & Rankings of Ignite Motors

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-05-0011125

Contact details

Ignite Motors Private Limited's registered office is in Cheruvathur, Kerala.

  • Registered Address
    Oppo. Vyaparabhavan Rly.Station Road Cheruvathur Post, Kerala, India – 671313
  • Industry
    Automobile, Motorcycle & Related Parts Sale, Maintenance & Repair
Comprehensive company report
Ignite Motors Private Limited - one report that includes everything
  • 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 Ignite Motors Private Limited

FY 2023 filings available

Ignite Motors Private Limited reported revenue of ₹79.49 Lakh for FY 2023.

Revenue · FY 2023
₹79.49 Lakh
Net loss · FY 2023
₹1.3 Lakh margin -1.6%
EBITDA · FY 2023
-₹1.15 Lakh margin -1.4%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.15 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.3 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

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-1.4%
Net Profit Margin-1.6%
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 Ignite Motors Private Limited, buy the company report.

Board of directors of Ignite Motors Private Limited

Ignite Motors has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Saharsh Hari NayanarDirector25 Dec 20205 Years 10 MonthsCurrent
Nidhin Kumar Puthiya PurayilDirector29 May 20215 Years 5 MonthsCurrent
Kripesh KoovaDirector24 Aug 20206 Years 2 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ignite Motors 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 Ignite Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ignite Motors Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Nidhin Kumar Puthiya Purayil ceased to be Additional Director on 31 Dec 2021.

AGM
Ignite Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ignite Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Ceased
Nidhin Kumar Puthiya Purayil ceased to be Additional Director.
Ceased
Pankajavalli Kozhummal Chattadi ceased to be Additional Director.
Ceased
Saharsh Hari Nayanar ceased to be Additional Director.
Appointed
Nidhin Kumar Puthiya Purayil was appointed as Director.
Appointed
Saharsh Hari Nayanar was appointed as Director.
Ceased
Sanalkumar Vadakkiniyil ceased to be Director.
Appointed
Kripesh Koova was appointed as Director.
Incorporation
24 Aug 2020
Ignite Motors Private Limited was registered on 24 Aug 2020 with Roc Ernakulam & aged 6 years 2 months as per MCA records.

Frequently asked questions

Ignite Motors is an active private limited company based in Cheruvathur, Kerala, India. The company works in motorcycle and related parts sale, within the automobile industry. It was incorporated on 24 August 2020 (6+ years old) and is registered under CIN U50400KL2020PTC063855.

Ignite Motors has 3 current directors:

The latest financial statements of Ignite Motors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Ignite Motors is U50400KL2020PTC063855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ignite Motors has 1 court case on record: 1 filed against it. 1 is pending.

Ignite Motors was incorporated on 24 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.

Nidhin Kumar Puthiya Purayil ceased to be Additional Director on 31 Dec 2021. Pankajavalli Kozhummal Chattadi ceased to be Additional Director on 31 Dec 2021. Saharsh Hari Nayanar ceased to be Additional Director on 31 Dec 2021. Ignite Motors has 7 board changes on record in total.

Yes, Ignite Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-05-0011125).

The registered office of Ignite Motors is at Oppo. Vyaparabhavan Rly.Station Road Cheruvathur Post, Kerala, India – 671313.

Ignite Motors operates in the automobile industry, in the motorcycle and related parts sale segment.