About Automotive Exchange Private Limited
Data last updated: 22 July 2025
Automotive Exchange Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Mxc Solutions India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in online automotive platforms, a part of the broader e-commerce sector. Incorporated on 16 January 2003.
Registered with ROC Mumbai under CIN U72200MH2003PTC244158.
Capital: an authorised share capital of ₹1.53 Cr and a paid-up capital of ₹1.53 Cr. Formerly known as Veracious Solutions Private Limited. It was led by directors including Vinay Vinod Sanghi and Rajeev Kumar.
Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: 12Th Floor Vishwaroop It Park Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2019, the company reported a revenue of ₹72.34 Cr, a growth of 23% compared to the previous year.
The company had a reported workforce of approximately 451 employees prior to being dissolved. It operated as a subsidiary of Mxc Solutions India Private Limited. Its group structure included 1 subsidiary.
The company was associated with 2 brands - Sellov, Carwale. As per MCA filings, the company had satisfied charges of ₹3.5 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is carwale.com.
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Registered Address12Th Floor Vishwaroop It Park Sector 30A Vashi, Navi Mumbai, Maharashtra, India – 400705
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IndustryE-Commerce, Online Automotive Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Automotive Exchange Private Limited
Automotive Exchange Private Limited has one previous CIN (Corporate Identification Number): U72200MP2003PTC015509. The current CIN is U72200MH2003PTC244158, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2003PTC244158 | Current |
| U72200MP2003PTC015509 | Previous |
Associated Brands with Automotive Exchange Private Limited
Automotive Exchange Private Limited operates two associated brands: Sellov and CarWale. These brands represent Automotive Exchange Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers an online platform for listing and selling used and new vehicles across categories. | sellov.com | |
| Second-hand cars are listed online to connect buyers and sellers. | carwale.com |
Competitors & Alternatives of Automotive Exchange Private Limited
Brands and companies operating in the same space as Automotive Exchange Private Limited include Spinny, CarDekho, Droom and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Spinny
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Retailer of inspected, certified pre-owned vehicles with service and finance options | Gurugram, India, India | 2015 |
CarDekho
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Retailer of new automobiles, used vehicles, and related automotive news | Jaipur, India, India | 2008 |
Droom
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Used vehicles are bought and sold through an AI platform. | Gurugram, India, India | 2014 |
CarTrade Tech
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Online marketplace for used cars | Mumbai, India, India | 2006 |
Truebil
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Online P2P marketplace for used cars | Mumbai, India, India | 2015 |
Mahindra First Choice
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Multi-brand used cars are traded via an online marketplace platform. | Mumbai, India, India | 1994 |
ZigWheels
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Online portal to find new and used car deals | Jaipur, India, India | 2008 |
SAMIL
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App-based bidding for used vehicles and equipment is enabled. | Delhi, India, India | 2011 |
Bidkaro
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Operates a digital marketplace for buying and selling pre-owned vehicles. | Gurugram, India, India | 2016 |
eDiig
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Operates a digital hub for automobile bidding and sales. | Chennai, India, India | 2010 |
Business Activity of Automotive Exchange Private Limited
Automotive Exchange Private Limited is engaged in principal business activities including professional, scientific and technical and support service to organizations, with detailed activities including advertising and market research, other support services to organizations. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Automotive Exchange Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Automotive Exchange Private Limited
Automotive Exchange Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history for Automotive Exchange Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors and KMP of Automotive Exchange Private Limited
Automotive Exchange Private Limited currently reports 3 directors and 2 key managerial personnel. 22 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vinay Vinod Sanghi
Also directs:
Cartrade Tech Limited, Shriram Automall India Limited, Sobek Auto India Private Limited and 2 more
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Director | 15 Jan 2016 | 10 Years 5 Months | As last reported |
| Banwari Lal Sharma | Ceo | 01 Apr 2018 | 8 Years 3 Months | As last reported |
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Rajeev Kumar
Also directs:
Cartradeexchange Solutions Private Limited
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Director | 05 Oct 2017 | 8 Years 9 Months | As last reported |
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Siddharth Narayan
Also directs:
Aegean India Advisors Llp, Permira Advisers India Private Limited
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Director | 21 Dec 2017 | 8 Years 6 Months | As last reported |
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Aneesha Menon
Also directs:
Cartrade Tech Limited, Shriram Automall India Limited, Sobek Auto India Private Limited and 2 more
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Cfo | 01 Apr 2018 | 8 Years 3 Months | As last reported |
Financials of Automotive Exchange Private Limited FY 2018 filings available
Automotive Exchange Private Limited reported revenue of ₹72.34 Cr (up 23.00% YoY) for FY 2019.
Ten-year financial statements for Automotive Exchange Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Automotive Exchange Private Limited
Shareholding and ownership data for Automotive Exchange Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Group Structure of Automotive Exchange Private Limited
Automotive Exchange Private Limited has 1 subsidiary company. This group structure data is as of FY 2018. The corporate group structure reflects Automotive Exchange Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Cartradeexchange Solutions Private Limited | U74120MH2012PTC237037 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Automotive Exchange Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2009 | Svb India Finance Private Limited | ₹3.5 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Automotive Exchange Private Limited
Automotive Exchange Private Limited has a workforce of 451 employees as of Apr 06, 2024.
Employee and EPFO history for Automotive Exchange Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Automotive Exchange Private Limited
GST registrations and filing compliance for Automotive Exchange Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Automotive Exchange Private Limited
Credit ratings, litigation, and regulatory alerts for Automotive Exchange Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Automotive Exchange Private Limited
MSME payment history for Automotive Exchange Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Automotive Exchange Private Limited
Corporate group structure for Automotive Exchange Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Automotive Exchange Private Limited
MCA filings and documents for Automotive Exchange Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Automotive Exchange Private Limited
Recent News on Automotive Exchange Private Limited
Frequently Asked Questions about Automotive Exchange Private Limited
Automotive Exchange Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Automotive Exchange Private Limited is a amalgamated private limited company in the e-commerce sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 16 January 2003 and is registered under CIN U72200MH2003PTC244158. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Automotive Exchange Private Limited was incorporated on 16 January 2003. Registered with ROC Mumbai.
The current directors and KMP of Automotive Exchange Private Limited are:
- Vinay Vinod Sanghi - Director
- Banwari Lal Sharma - Ceo
- Rajeev Kumar - Director
- Siddharth Narayan - Director
- Aneesha Menon - Cfo
The CIN (Corporate Identification Number) of Automotive Exchange Private Limited is U72200MH2003PTC244158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Automotive Exchange Private Limited is e-commerce. The company specifically operates in online automotive platforms.