About Shrusti Car Rentals Private Limited
Data last updated:
Shrusti Car Rentals Private Limited was a private limited company based in Bangalore, Karnataka, 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 machinery segment of the automobiles sector. It was incorporated on 06 November 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2012PTC066600. Its GSTIN is 29AASCS9064R1ZX (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Raju Ramaiah and Nethravathi Raju.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at T – 9 No. 189/44 2nd Floor Shalimar Arcade Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.73 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹18.89 Lakh (net margin -176%) and EBITDA of ₹7.68 Lakh (EBITDA margin 71.6%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is shrustitravels.com.
Company details
Contact details
Shrusti Car Rentals Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressT – 9 No. 189/44 2nd Floor Shalimar Arcade Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryAutomobile, Machinery, Equipment, Renting, Capital Goods, Motor Vehicles
To see the full contact details of Shrusti Car Rentals 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 Shrusti Car Rentals is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Shrusti Car Rentals Private Limited, buy the company report.
Financials of Shrusti Car Rentals Private Limited
FY 2018 filings availableShrusti Car Rentals Private Limited reported revenue of ₹10.73 Lakh (down 82% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over three years, including a 82% fall in the latest year. EBITDA fell 80% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹7.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹18.89 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 71.6% | |||
| Net Profit Margin | -176% | |||
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To see the full financial statements and ratios of Shrusti Car Rentals Private Limited, buy the company report.
Board of directors of Shrusti Car Rentals Private Limited
Shrusti Car Rentals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Ramaiah | Director | 06 Nov 2012 | 13 Years 11 Months | As last reported |
| Nethravathi Raju | Director | 06 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Shrusti Car Rentals Private Limited is audited by THOTA PRASAD for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THOTA PRASAD | FY 2017 | 222244 |
Shareholding
The shareholding of Shrusti Car Rentals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shrusti Car Rentals Private Limited, buy the company report.
Legal cases
Shrusti Car Rentals Private Limited has 1 court case on record: 1 filed by Shrusti Car Rentals. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Commissioner of Central Tax (Appeals-I) | Disposed |
To see the full case history of Shrusti Car Rentals 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 Shrusti Car Rentals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shrusti Car Rentals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCS9064R1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shrusti Car Rentals Private Limited, buy the company report.
Recent activity
Shrusti Car Rentals Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Nethravathi Raju was appointed as Director on 06 Nov 2012.
Frequently asked questions
Shrusti Car Rentals 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.
Shrusti Car Rentals was a private limited company based in Bangalore, Karnataka, India. The company worked in machinery, within the automobile industry. It was incorporated on 06 November 2012 and is registered under CIN U63040KA2012PTC066600. The company has been struck off by the Registrar of Companies and is no longer operational.
Shrusti Car Rentals had 2 directors:
- Raju Ramaiah - Director
- Nethravathi Raju - Director
The CIN (Corporate Identification Number) of Shrusti Car Rentals is U63040KA2012PTC066600. 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 Shrusti Car Rentals is at T – 9 No. 18944 2nd Floor Shalimar Arcade Wilson Garden, Bangalore, Karnataka, India – 560027.
Shrusti Car Rentals was incorporated on 06 November 2012. It is registered with the Registrar of Companies, Bangalore.
Shrusti Car Rentals can be reached through the website shrustitravels.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Shrusti Car Rentals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Shrusti Car Rentals is 29AASCS9064R1ZX, registered in Karnataka.
Shrusti Car Rentals operated in the automobile industry, in the machinery segment. It worked in this industry before it was struck off.