Advaith Motors Private Limited

Indian car dealer offering Hyundai vehicles and various services including maintenance, insurance, and detailing.

1998 | Bangalore, Karnataka (India) | Active
Last Updated: July 06, 2024

Advaith Motors Profile

Key Indicators

  • Authorised Capital ₹ 29.00 Cr
  • Paid Up Capital ₹ 28.19 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 566.83 Cr
  • Satisfied Charges ₹ 394.52 Cr
  • Revenue Growth 22.19%
  • Profit Growth 93.58%
  • Ebitda 60.19%
  • Net Worth 31.66%
  • Total Assets 15.02%

About Advaith Motors

Advaith Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 1998 and has a history of 26 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 29.00 Cr and a paid-up capital of Rs 28.19 Cr.

The company currently has active open charges totaling ₹566.83 Cr. The company has closed loans amounting to ₹394.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Advaith Motors Private Limited India is Pallavi Rajalbandi as COMPANY SECRETARY. Eeshani Gupta, Sharmila Meda, Anupama Guptha, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34300KA1998PTC023605

  • Company No.

    023605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Advaith Motors Private Limited offer?

Advaith Motors Private Limited offers a wide range of products and services, including Tractor, Mahindra Tractor, Motorcycles and Cars, Cars, Hyundai Car.

Who are the key members and board of directors at Advaith Motors?

Executive Team (1)

Name Designation Appointment Date Status
Pallavi Rajalbandi Company Secretary 01-Jul-2021 Current

Board Members (5)

Name Designation Appointment Date Status
Eeshani Gupta Country flag representing In Director 17-Jan-2022 Current
Sharmila Meda Country flag representing In Director 17-Jan-2022 Current
Anupama Guptha Country flag representing In Director 28-Sep-2000 Current
Venkata Subramanyaguptha Country flag representing In Director 13-Apr-1998 Current
Meda Shyam Country flag representing In Director 17-Jan-2022 Current

Financial Performance of Advaith Motors.

Advaith Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.19% increase. The company also saw a substantial improvement in profitability, with a 93.58% increase in profit. The company's net worth Soared by an impressive increase of 31.66%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
22.19%
Revenue from Operations
22.81%
Total Assets
15.02%
Profit or Loss
93.58%
Net Worth
31.66%
EBITDA
60.19%

What is the Ownership and Shareholding Structure of Advaith Motors?

In 2023, Advaith Motors had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹566.83 Cr

Satisfied Charges

₹394.52 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 308.36 Cr
  • Axis Bank Limited : 85.51 Cr
  • Others : 81.14 Cr
  • Tata Capital Financial Services Limited : 66.05 Cr
  • State Bank Of India : 17.77 Cr
  • Others : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Feb 2022 Others ₹29.00 Cr Open
25 Aug 2021 Others ₹2.14 Cr Open
11 Nov 2020 Tata Capital Financial Services Limited ₹5.00 Cr Open
16 Mar 2020 Axis Bank Limited ₹85.51 Cr Open
19 Mar 2019 Tata Capital Financial Services Limited ₹2.85 Cr Open

How Many Employees Work at Advaith Motors?

Advaith Motors has a workforce of 2920 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advaith Motors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advaith Motors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Advaith Motors

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 25 Jun 2011 with Charge ID 10298579 was modified on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Advaith Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Advaith Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 154.18 Cr registered on 18 Aug 2013 with Charge ID 10453693 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 154.18 Cr registered on 28 Aug 2012 with Charge ID 10381710 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 29.00 Cr with Charge ID 100540607 was registered on 18 Feb 2022.

    18 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Advaith Motors Private Limited was incorporated on 13 Apr 1998.

  • The authorized share capital of Advaith Motors Private Limited is ₹ 29.00 Cr and paid-up capital is ₹ 28.19 Cr.

  • Currently 6 directors are associated with Advaith Motors Private Limited.

    • Pallavi Rajalbandi
    • Eeshani Gupta
    • Sharmila Shyam Meda
    • Anupama Guptha
    • Venkata Sathya Subramanyaguptha
    • Meda Pandurangasetty Shyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advaith Motors Private Limited is #12 Shama Rao Compound Mission Road, Bangalore, Karnataka, India, 560027.

  • The corporate identification number (CIN) of Advaith Motors Private Limited is U34300KA1998PTC023605 and the company number is 023605 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advaith Motors Private Limited is https://www.advaithhyundai.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advaith Motors Private Limited has risen by 22.19%.

  • As Per 2023 financial reports, 2920 employees are currently employed by Advaith Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advaith Motors Private Limited has experienced an upsurge of 31.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advaith Motors Private Limited amount to ₹ 566.83 Cr.

  • The most recent Balance Sheet for Advaith Motors Private Limited was filed with the ROC on 31 Mar 2023.

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