Autoneeds (India) Private Limited
About Autoneeds (India) Private Limited
Data last updated:
Autoneeds (India) Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 11 May 1992.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC048706. Its GSTIN is 07AAACA1886F1ZU (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Viveck Goel and Anju Goel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at E – 1/4 Pandav Nagar Opp. Mother Dairy Hero Honda Showroom, Patparganj, Delhi, India – 110092.
As per the financials filed for FY 2019, the company reported a revenue of ₹31.91 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹7.94 Lakh (net margin 0.2%) and EBITDA of ₹2.46 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2.15 Cr and satisfied charges of ₹1.3 Cr on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it; 7 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2017. Its 5 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is VR Autoworld Private Limited with revenue of ₹31.98 Cr.
Company details
Contact details
Autoneeds (India) Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressE – 1/4 Pandav Nagar Opp. Mother Dairy Hero Honda Showroom, Patparganj, Delhi, India – 110092
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Autoneeds (India) 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 Autoneeds (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Autoneeds (India) Private Limited, buy the company report.
Financials of Autoneeds (India) Private Limited
FY 2019 filings availableAutoneeds (India) Private Limited reported revenue of ₹31.91 Cr (down 12% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 12% fall in the latest year. EBITDA rose 22% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.94 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Autoneeds (India) Private Limited, buy the company report.
Board of directors of Autoneeds (India) Private Limited
Autoneeds (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viveck Goel Also directs: Apex Automobiles Private Limited, Aristo Motor Private Limited, V Go Motor Private Limited and 1 more | Director | 11 May 1992 | 34 Years 5 Months | As last reported |
| Anju Goel Also directs: Apex Automobiles Private Limited, Aristo Motor Private Limited, V Go Motor Private Limited and 1 more | Director | 01 Mar 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Autoneeds (India) Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VR Autoworld Private Limited | ₹31.98 Cr (FY 2025) | 15.0% | Amritsar, Punjab, India | |||
| Jagdish Motocorp Private Limited | ₹31.93 Cr (FY 2024) | -28.0% | Indore, Madhya Pradesh, India | |||
| Autoneeds (India) Private Limitedthis company | ₹31.91 Cr (FY 2019) | ₹7.94 Lakh | 0.2% | -12.0% | Delhi, India | |
| Bhagalpur Automobiles Private Limited | ₹31.91 Cr (FY 2025) | 16.0% | Bihar, India | |||
| Saurabh Motors Private Limited | ₹31.83 Cr (FY 2024) | 32.0% | Auraiya, Uttar Pradesh, India | |||
| Cartrend Auto Parts Private Limited | ₹31.79 Cr (FY 2025) | 185.0% | Gurugram, Haryana, India |
To see the full peer comparison of Autoneeds (India) Private Limited, buy the company report.
Auditor
Autoneeds (India) Private Limited is audited by TUSHAR MOHAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR MOHAN & ASSOCIATES | FY 2019 | 030597N |
Shareholding
The shareholding of Autoneeds (India) Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Autoneeds (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2012 | 10349249 | Axis Bank Ltd. | ₹1.95 Cr | Open | |
| 21 Jun 2000 | 90042812 | Bank of Baroda | ₹5 Lakh | Open | |
| 26 Oct 1999 | 90042595 | Bank of Baroda | ₹4.62 Lakh | Open | |
| 10 Feb 1999 | 90042385 | Bank of Baroda | ₹10 Lakh | Open | |
| 20 Feb 2007 | 10052328 | Punjab National Bank | ₹1.3 Cr | Satisfied |
To see the full charge records of Autoneeds (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Autoneeds (India) Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Autoneeds (India) Private Limited has 15 court cases on record: 2 filed by Autoneeds (India), 13 filed against it. 7 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 7 |
| High courts | 3 | 2 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Pooja Finelease Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, East, Delhi | Interim or miscellaneous application | Filed against the company by Iifl Home Finance Ltd. | Disposed |
To see the full case history of Autoneeds (India) 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 Autoneeds (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Autoneeds (India) has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Apex Automobiles Private Limited | U35914DL2007PTC161456 |
To see the full group structure of Autoneeds (India) Private Limited, buy the company report.
GST
Autoneeds (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA1886F1ZU | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Autoneeds (India) Private Limited, buy the company report.
Recent activity
Autoneeds (India) Private Limited has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Anju Goel ceased to be Additional Director on 29 Sep 2017.
5 earlier events are in the company report.
Frequently asked questions
Autoneeds (India) is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Autoneeds (India) is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 11 May 1992 and is registered under CIN U74899DL1992PTC048706. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Autoneeds (India) has 2 current directors:
- Viveck Goel - Director
- Anju Goel - Director
The latest financial statements of Autoneeds (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Autoneeds (India) is U74899DL1992PTC048706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Autoneeds (India) has open charges of ₹2.15 Cr and satisfied charges of ₹1.3 Cr as per latest MCA filings.
Autoneeds (India) has 15 court cases on record: 2 filed by the company and 13 filed against it. 7 are pending. Most are in the district courts.
Autoneeds (India) was incorporated on 11 May 1992. It is registered with the Registrar of Companies, Delhi.
Autoneeds (India) has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
The peers of Autoneeds (India) by revenue are VR Autoworld Private Limited, Jagdish Motocorp Private Limited, Bhagalpur Automobiles Private Limited, Saurabh Motors Private Limited, Cartrend Auto Parts Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Anju Goel ceased to be Additional Director on 29 Sep 2017. Rekha Goel ceased to be Director on 07 Mar 2017. Sharad Goel ceased to be Director on 07 Mar 2017. Autoneeds (India) has 5 board changes on record in total.
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