- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0017061

Acetec Motors Private Limited
About Acetec Motors Private Limited
Data last updated:
Acetec Motors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50101KA2003PTC031627. Its GSTIN is 29AAFCA4774K1Z7 (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.65 Cr. It is led by directors including Premanand Kamath (Managing Director) and Anoushka Kamath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No – 27/1 4th A Main Road Metro Layout Nayandana Halli, Bangalore, Karnataka, India – 560039.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.58 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Cr (net margin 1.2%) and EBITDA of ₹7.14 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 21% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.68 Cr and satisfied charges of ₹4.45 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 7 filed against it; 1 case is pending.
Acetec Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0017061). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Acetec Motors
Contact details
Acetec Motors Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo – 27/1 4th A Main Road Metro Layout Nayandana Halli, Bangalore, Karnataka, India – 560039
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Acetec Motors 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 Acetec Motors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Acetec Motors Private Limited, buy the company report.
Financials of Acetec Motors Private Limited
FY 2025 filings availableAcetec Motors Private Limited reported revenue of ₹174.58 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 20% growth in the latest year. EBITDA rose 38% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.14 Cr | ||||
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| Net Profit (PAT) | ₹2.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Acetec Motors Private Limited, buy the company report.
Board of directors of Acetec Motors Private Limited
Acetec Motors has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoushka Kamath Also directs: Mercuri Biotechnologies Private Limited | Director | 05 May 2021 | 5 Years 6 Months | Current |
| Premanand Kamath Also directs: Hangar 18 Automotive LLP, Trio Holdings Private Limited, Ace Automobiles Private Limited and 1 more | Managing Director | 24 Feb 2003 | 23 Years 8 Months | Current |
| Nancy Rahul Kriplani Also directs: Grandsons Motors LLP | Director | 15 Oct 2022 | 4 Years 0 Months | Current |
| Sachin Kamath | Director | 10 Aug 2024 | 2 Years 2 Months | Current |
| Pranav Kamath | Director | 10 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Acetec Motors Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iconic Motors Private Limited | ₹175.13 Cr (FY 2025) | -12.0% | Delhi, India | |||
| Malayalam Vehicles India Private Limited | ₹174.62 Cr (FY 2023) | -1.0% | Ernakulam, Kerala, India | |||
| Acetec Motors Private Limitedthis company | ₹174.58 Cr (FY 2025) | ₹2.18 Cr | 1.2% | 20.0% | 81 | Bangalore, Karnataka, India |
| TM Motors Private Limited | ₹173.9 Cr (FY 2025) | 14.0% | Bharatpur, Rajasthan, India |
To see the full peer comparison of Acetec Motors Private Limited, buy the company report.
Auditor
Acetec Motors Private Limited is audited by GD & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GD & Associates | FY 2023 | 011187S |
Shareholding
The shareholding of Acetec Motors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acetec Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2025 | 101033753 | Axis Bank Limited | ₹40.87 Lakh | Open | |
| 15 Jan 2025 | 101058174 | Axis Bank Limited | ₹14 Cr | Open | |
| 18 Oct 2024 | 101027646 | Axis Bank Limited | ₹25.75 Lakh | Open | |
| 15 Mar 2024 | 100937601 | Axis Bank Limited | ₹46.25 Lakh | Open | |
| 21 Oct 2023 | 100891426 | Axis Bank Limited | ₹25.28 Lakh | Open |
To see the full charge records of Acetec Motors Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Acetec Motors Private Limited has 19 court cases on record: 12 filed by Acetec Motors, 7 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 5 | 0 |
| District courts | 4 | 2 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by individuals | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by Bruhat Bengaluru City Auto and Taxi Drivers and Owners Social Welfare Association | Disposed |
| High Court | Court case (MFA) | Filed against the company by an individual | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Acetec Motors 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 Acetec Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Acetec Motors Private Limited has a workforce of 81 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Acetec Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA4774K1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acetec Motors Private Limited, buy the company report.
Recent activity
Acetec Motors Private Limited has 11 board changes on record since 2003: 8 appointments and 3 cessations. The latest: Pranav Kamath was appointed as Director on 10 Aug 2024.
18 earlier events are in the company report.
Frequently asked questions
Acetec Motors is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 February 2003 (23+ years old) and is registered under CIN U50101KA2003PTC031627.
Acetec Motors has 5 current directors:
- Premanand Kamath - Managing Director
- Anoushka Kamath - Director
- Nancy Rahul Kriplani - Director
- Sachin Kamath - Director
- Pranav Kamath - Director
The latest financial statements of Acetec Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Acetec Motors is 29AAFCA4774K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Acetec Motors is U50101KA2003PTC031627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acetec Motors has 19 court cases on record: 12 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Acetec Motors was incorporated on 24 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Acetec Motors by revenue are Iconic Motors Private Limited, Malayalam Vehicles India Private Limited, TM Motors Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Pranav Kamath was appointed as Director on 10 Aug 2024. Sachin Kamath was appointed as Director on 10 Aug 2024. Nancy Rahul Kriplani was appointed as Director on 15 Oct 2022. Acetec Motors has 11 board changes on record in total.
Yes, Acetec Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0017061).
The registered office of Acetec Motors is at No – 271 4th A Main Road Metro Layout Nayandana Halli, Bangalore, Karnataka, India – 560039.

