MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-15-0030915
Better Choice Motors Private Limited
Better Choice Motors Private Limited - automobile in Suratgarh, Rajasthan, India. Directors, charges & compliance details.
Revenue · FY 2023
₹12.5 Lakh
▲ 363% YoY
Net loss · FY 2023
₹58,700
Net margin -4.7%
EBITDA · FY 2023
-₹18,590
EBITDA margin -1.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Better Choice Motors Private Limited
Data last updated:
Better Choice Motors Private Limited is a private limited company based in Suratgarh, Rajasthan, India. It operates in the motorcycle and related parts sale segment of the automobiles sector. It was incorporated on 03 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U50400RJ2020PTC070773.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rahul and Jasdeep Singh Gujral.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at G – 74 Industrial Area (RIICO), Suratgarh, Rajasthan, India – 335804.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹58,700 (net margin -4.7%) and EBITDA of -₹18,590 (EBITDA margin -1.5%).
Better Choice Motors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-15-0030915).
Company details
CIN U50400RJ2020PTC070773
Registration Number 070773
Incorporation Date 03 September 2020
ROC Jaipur
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-RJ-15-0030915
Key People
Rahul Director Jasdeep Singh Gujral Director Recognitions & Rankings of Better Choice Motors
Contact details
Better Choice Motors Private Limited's registered office is in Suratgarh, Rajasthan.
- Registered AddressG – 74 Industrial Area (RIICO), Suratgarh, Rajasthan, India – 335804
- IndustryAutomobile, Motorcycle & Related Parts Sale, Maintenance & Repair
Comprehensive company report
Better Choice 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 Better Choice Motors 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 Better Choice Motors Private Limited, buy the company report.
Financials of Better Choice Motors Private Limited
FY 2023 filings availableBetter Choice Motors Private Limited reported revenue of ₹12.5 Lakh (up 363% YoY) for FY 2023.
Revenue · FY 2023
₹12.5 Lakh ▲ 363%
Net loss · FY 2023
₹58,700 margin -4.7%
EBITDA · FY 2023
-₹18,590 margin -1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 363%
EBITDA CAGR growth
1 year
▲ 74%
Revenue rose 363% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 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 | -₹18,590 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹58,700 | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.5% | ||
| Net Profit Margin | -4.7% | ||
| 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 Better Choice Motors Private Limited, buy the company report.
Board of directors of Better Choice Motors Private Limited
Better Choice Motors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul | Director | 08 Sep 2022 | 4 Years 2 Months | Current |
| Jasdeep Singh Gujral Also directs: Forever Friend LLP, Ij Spaces Private Limited | Director | 08 Sep 2022 | 4 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Better Choice Motors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Better Choice Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Better Choice Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Better Choice Motors Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Ashok Kumar Ahuja ceased to be Director on 09 Sep 2022.
AGM
Better Choice Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Better Choice Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Ceased
Ashok Kumar Ahuja ceased to be Director.
Ceased
Pulkit Ahuja ceased to be Director.
Appointed
Jasdeep Singh Gujral was appointed as Director.
Appointed
Rahul was appointed as Director.
Incorporation
03 Sep 2020
Better Choice Motors Private Limited was registered on 03 Sep 2020 with Roc Jaipur & aged 6 years 2 months as per MCA records.
Frequently asked questions
Better Choice Motors is an active private limited company based in Suratgarh, Rajasthan, India. The company works in motorcycle and related parts sale, within the automobile industry. It was incorporated on 03 September 2020 (6+ years old) and is registered under CIN U50400RJ2020PTC070773.
Better Choice Motors has 2 current directors:
- Rahul - Director
- Jasdeep Singh Gujral - Director
The latest financial statements of Better Choice Motors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Better Choice Motors is U50400RJ2020PTC070773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Choice Motors was incorporated on 03 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
Ashok Kumar Ahuja ceased to be Director on 09 Sep 2022. Pulkit Ahuja ceased to be Director on 09 Sep 2022. Jasdeep Singh Gujral was appointed as Director on 08 Sep 2022. Better Choice Motors has 4 board changes on record in total.
Yes, Better Choice Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-15-0030915).
The registered office of Better Choice Motors is at G – 74 Industrial Area RIICO, Suratgarh, Rajasthan, India – 335804.
Better Choice Motors operates in the automobile industry, in the motorcycle and related parts sale segment.
Better Choice Motors can be reached at its registered office: G – 74 Industrial Area RIICO, Suratgarh, Rajasthan, India – 335804.
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