Deep Motor Finance Limited
About Deep Motor Finance Limited
Data last updated:
Deep Motor Finance Limited is a public limited company based in Jalandhar, Punjab, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1982PLC004996. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Amit Hastir and Santosh Gupta.
Its last annual general meeting (AGM) was held on 30 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Jalandhar, Punjab.
As per the financials filed for FY 2018, the company reported a revenue of ₹20.4 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,503 (net margin 1.1%) and EBITDA of ₹1.01 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company has open charges of ₹1.86 Cr and satisfied charges of ₹16.63 Lakh on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Deep Motor Finance has one previous CIN (Corporate Identification Number): L65921PB1982PLC004996. The current CIN is U65921PB1982PLC004996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1982PLC004996 | Current |
| L65921PB1982PLC004996 | Previous |
Contact details
Deep Motor Finance Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor SCO – 61 Near Hotel Umed Opp Pims Hospital Cystal Plaza Chhotti Baradari, Part – 2, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Deep Motor Finance 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 Deep Motor Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Deep Motor Finance Limited, buy the company report.
Financials of Deep Motor Finance Limited
FY 2018 filings availableDeep Motor Finance Limited reported revenue of ₹20.4 Lakh (up 177% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 177% growth in the latest year. EBITDA fell 31% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹1.01 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹21,503 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | |||
| Net Profit Margin | 1.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Deep Motor Finance Limited, buy the company report.
Board of directors of Deep Motor Finance Limited
Deep Motor Finance has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Hastir Also directs: Deep Fincare Nidhi Limited, Deep Finance Ltd | Director | 22 Dec 1990 | 35 Years 10 Months | Current |
| Shiv Kumar | Additional Director | 20 Apr 2019 | 7 Years 6 Months | Current |
| Ajai Prakash Upadhyaya | Additional Director | 20 Apr 2019 | 7 Years 6 Months | Current |
| Santosh Gupta Also directs: Anee Shri Sai Infra Private Limited, Anee Jewels Private Limited | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Ankit Hastir Also directs: Deep Fincare Nidhi Limited | Director | 30 Nov 2004 | 21 Years 11 Months | Current |
Auditor
Deep Motor Finance Limited is audited by DASS & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DASS & CO | FY 2017 | 000200N |
Shareholding
The shareholding of Deep Motor Finance Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Deep Motor Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2017 | 100160412 | Others | ₹88 Lakh | Open | |
| 20 Sep 2017 | 100130147 | Others | ₹94.5 Lakh | Open | |
| 01 Aug 2003 | 90180685 | Kotak Mahindera Primers Limited | ₹3.15 Lakh | Open | |
| 01 Jul 2003 | 90180674 | Punjab National Bank | ₹2.4 Lakh | Satisfied | |
| 02 Jun 1999 | 90182577 | Punjab National Bank | ₹2.74 Lakh | Satisfied |
To see the full charge records of Deep Motor Finance Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Deep Motor Finance Limited has 7 court cases on record: 6 filed by Deep Motor Finance, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Jalandhar, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, PUNJAB | Court case (CRR) | Filed by the company against State of Punjab & Ors. | Disposed |
To see the full case history of Deep Motor Finance 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 Deep Motor Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Deep Motor Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Deep Motor Finance Limited, buy the company report.
Recent activity
Deep Motor Finance Limited has 18 board changes on record since 1990: 5 appointments and 13 cessations. The latest: Ajai Prakash Upadhyaya was appointed as Additional Director on 20 Apr 2019.
20 earlier events are in the company report.
Frequently asked questions
Deep Motor Finance is an active public limited company based in Jalandhar, Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 June 1982 (44+ years old) and is registered under CIN U65921PB1982PLC004996.
Deep Motor Finance has 5 current directors:
- Amit Hastir - Director
- Shiv Kumar - Additional Director
- Ajai Prakash Upadhyaya - Additional Director
- Santosh Gupta - Director
- Ankit Hastir - Director
The latest financial statements of Deep Motor Finance on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 June 2018. Year-wise statements from 2015 are in the company report.
No. Deep Motor Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Deep Motor Finance is U65921PB1982PLC004996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Motor Finance has 7 court cases on record: 6 filed by the company and 1 filed against it. Most are in the district courts.
Deep Motor Finance was incorporated on 05 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ajai Prakash Upadhyaya was appointed as Additional Director on 20 Apr 2019. Shiv Kumar was appointed as Additional Director on 20 Apr 2019. Santosh Gupta ceased to be Additional Director on 08 Sep 2017. Deep Motor Finance has 18 board changes on record in total.
The registered office of Deep Motor Finance is at 1st Floor SCO – 61 Near Hotel Umed Opp Pims Hospital Cystal Plaza Chhotti Baradari, Part – 2, Jalandhar, Punjab, India – 144001.
Deep Motor Finance operates in the financial services industry, in the diversified financial services segment.
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