Asthavinayak Motors Private Limited

Asthavinayak Motors Private Limited - automotive in Khordha, Odisha, India. FY 2026 financials & compliance.
CIN U50102OR2008PTC019586 Incorporated 25 February 2008 ROC Cuttack HQ Khordha, Odisha, India
Active Private Limited Company automotive MSME
Data last updated
Revenue · FY 2025
₹382.61 Cr
▼ 15% YoY
Net profit · FY 2025
₹53.77 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹7.85 Cr
EBITDA margin 2.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹22.07 Lakh
Issued & subscribed
Open charges
₹152.21 Cr
Satisfied ₹58 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
92
Provident fund records

About Asthavinayak Motors Private Limited

Data last updated:

Asthavinayak Motors Private Limited is a private limited company based in Khordha, Odisha, India, a subsidiary of R V Logitrans Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 February 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U50102OR2008PTC019586. Its GSTIN is 21AADCC3988K1ZH (Odisha).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.07 Lakh. It was formerly known as Cheer Tie - Up Private Limited and Cheer Tie-Up Private Limited. It is led by directors including Rakesh Kumar Agrawal and Anil Kumar Jhajharia.

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 Plot No 259 Pitapalli, Khordha, Odisha, India – 752056.

As per the financials filed for FY 2025, the company reported a revenue of ₹382.61 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹53.77 Lakh (net margin 0.1%) and EBITDA of ₹7.85 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.

The company has about 92 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹152.21 Cr and satisfied charges of ₹58 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

Asthavinayak Motors Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-OD-11-0023867). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinayaks.co.in.

Company details

CIN U50102OR2008PTC019586
Registration Number 019586
Incorporation Date 25 February 2008
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company R V Logitrans Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-OD-11-0023867

Name history

Asthavinayak Motors has undergone 2 name changes throughout its history. The company was previously known as Cheer Tie - Up Private Limited, and Cheer Tie-Up Private Limited. The current legal name is Asthavinayak Motors Private Limited.

Company NameStatus
Asthavinayak Motors Private LimitedCurrent
Cheer Tie - Up Private LimitedPrevious
Cheer Tie-Up Private LimitedPrevious

CIN history

Asthavinayak Motors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U50102OR2008PTC019586, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U50102OR2008PTC019586Current
U51109WB2008PTC123073Previous
U50102WB2008PTC123073Previous
Key People
Rakesh Kumar Agrawal Director Anil Kumar Jhajharia Director Vinay Gupta Director

Recognitions & Rankings of Asthavinayak Motors

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-OD-11-0023867

Contact details

Asthavinayak Motors Private Limited's registered office is in Khordha, Odisha. Its website is vinayaks.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vinayaks.co.in
  • Registered Address
    Plot No 259 Pitapalli, Khordha, Odisha, India – 752056
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Asthavinayak Motors Private Limited, buy the company report.

Comprehensive company report
Asthavinayak 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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Business activity

The main business activity of Asthavinayak Motors is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Asthavinayak Motors Private Limited, buy the company report.

Financials of Asthavinayak Motors Private Limited

FY 2025 filings available

Asthavinayak Motors Private Limited reported revenue of ₹382.61 Cr (down 15% YoY) for FY 2025.

Revenue · FY 2025
₹382.61 Cr ▼ 15%
Net profit · FY 2025
₹53.77 Lakh margin 0.1%
EBITDA · FY 2025
₹7.85 Cr margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 19%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 11% 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

MetricsFY 2024-25FY 2023-24FY 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₹7.85 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹53.77 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.1%
Net Profit Margin0.1%
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 Asthavinayak Motors Private Limited, buy the company report.

Board of directors of Asthavinayak Motors Private Limited

Asthavinayak Motors has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Kumar Agrawal
Also directs: Derby Vanijya Pvt Ltd, SVT Logistics Private Limited, R V Logitrans Private Limited
Director13 Feb 201214 Years 8 MonthsCurrent
Anil Kumar Jhajharia
Also directs: Mahavir Gemglow LLP, Balajikripa Projects Private Limited
Director15 Jul 20197 Years 3 MonthsCurrent
Vinay Gupta
Also directs: Kanha Chem Pvt. Ltd., Derby Vanijya Pvt Ltd, SVT Logistics Private Limited
Director29 Jun 20242 Years 4 MonthsCurrent
View all directors

Peer comparison

Asthavinayak Motors Private Limited is compared with the 8 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
B R D Car World Limited₹386.91 Cr (FY 2025)4.0%Thrissur, Kerala, India
V.S.T. & Sons Private Limited₹386.48 Cr (FY 2025)39.0%Chennai, Tamil Nadu, India
Phytron Mobility Private Limited₹385.13 Cr (FY 2025)-13.0%Delhi, India
Kaizen Motoventures Private Limited₹383.97 Cr (FY 2025)28.0%Raipur, Chhattisgarh, India
Shinrai Auto Services Limited₹383.01 Cr (FY 2017)21.0%Mumbai, Maharashtra, India
Asthavinayak Motors Private Limitedthis company₹382.61 Cr (FY 2025)₹53.77 Lakh0.1%-15.0%92Khordha, Odisha, India
Budha Motors Private Limited₹381.98 Cr (FY 2025)-12.0%Patna, Bihar, India
Mahalaxmi Automotives Vehicles Private Limited₹381.97 Cr (FY 2025)18.0%Baramati Pune, Maharashtra, India
Apco Vehicles (India) Private Limited₹379.46 Cr (FY 2025)16.0%Kozhikode, Kerala, India

To see the full peer comparison of Asthavinayak Motors Private Limited, buy the company report.

Auditor

Asthavinayak Motors Private Limited is audited by NRSM AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NRSM AND ASSOCIATESFY 2023311037E

Shareholding

The shareholding of Asthavinayak 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asthavinayak Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹152.21 Cr
Satisfied charges
₹58 Cr
Breakdown by lending institutions
Others₹88.15 Cr
Hdfc Bank Limited₹45.26 Cr
Axis Bank Limited₹11.30 Cr
Standard Chartered Bank₹7.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jun 2025101120758Others₹19.4 CrOpen
25 Jun 2025101123748Others₹5 CrOpen
12 Apr 2024100921525Others₹18.75 CrOpen
30 Mar 2024100917940Others₹10 CrOpen
09 Feb 2024100863523Standard Chartered Bank₹7.5 CrOpen

To see the full charge records of Asthavinayak Motors Private Limited, buy the company report.

Total charge records: 17 View all charges

Credit ratings & regulatory alerts

Asthavinayak Motors Private Limited was last rated by Care on 02 Nov 2021.

Rating agencyRated onRating
Care02 Nov 2021

To see the full credit ratings and regulatory alerts of Asthavinayak Motors Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asthavinayak Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Asthavinayak Motors Private Limited has a workforce of 92 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
92
Active EPFO establishments
1
Employee growth
64.29%

GST

Asthavinayak Motors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AADCC3988K1ZHOdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Asthavinayak Motors Private Limited, buy the company report.

Recent activity

Asthavinayak Motors Private Limited has 13 board changes on record since 2008: 8 appointments and 5 cessations. The latest: Vinay Gupta was appointed as Director on 29 Jun 2024.

AGM
Asthavinayak Motors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,940.00 Lakh with Charge ID 101120758 was registered on 26 Jun 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101123748 was registered on 25 Jun 2025.
Filing
Asthavinayak Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge registered on 20 Mar 2021 via Charge ID 100454924 with Hdfc Bank Limited was fully satisfied on 30 Mar 2025.
Charges
A charge with Standard Chartered Bank of Rs. 750.00 Lakh registered on 09 Feb 2024 with Charge ID 100863523 was modified on 24 Mar 2025.
Charges
A charge registered on 06 Jan 2021 via Charge ID 100409066 with Tata Capital Financial Services Limited was fully satisfied on 11 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 4,526.38 Lakh registered on 20 Mar 2021 with Charge ID 100452487 was modified on 28 Jan 2025.
Appointed
Vinay Gupta was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,875.00 Lakh with Charge ID 100921525 was registered on 12 Apr 2024.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100917940 was registered on 30 Mar 2024.
Charges
A charge registered on 23 Sep 2015 via Charge ID 10602812 with Indian Bank was fully satisfied on 28 Feb 2024.

32 earlier events are in the company report.

Frequently asked questions

Asthavinayak Motors is an active private limited company based in Khordha, Odisha, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 25 February 2008 (18+ years old) and is registered under CIN U50102OR2008PTC019586.

Asthavinayak Motors has 3 current directors:

The latest financial statements of Asthavinayak 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 Asthavinayak Motors is 21AADCC3988K1ZH, registered in Odisha.

The CIN (Corporate Identification Number) of Asthavinayak Motors is U50102OR2008PTC019586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asthavinayak Motors has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Asthavinayak Motors was incorporated on 25 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Asthavinayak Motors by revenue are B R D Car World Limited, V.S.T. & Sons Private Limited, Phytron Mobility Private Limited, Kaizen Motoventures Private Limited, Shinrai Auto Services Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Vinay Gupta was appointed as Director on 29 Jun 2024. Santosh Kumar Agarwalla ceased to be Director on 15 Nov 2019. Anil Kumar Jhajharia was appointed as Director on 15 Jul 2019. Asthavinayak Motors has 13 board changes on record in total.

Yes, Asthavinayak Motors is registered as an MSME under Udyam registration (number: UDYAM-OD-11-0023867).

Asthavinayak Motors can be reached through the website vinayaks.co.in. Its registered office is in Khordha, Odisha, India.