MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0038127
Elite Motors Private Limited
Elite Motors Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.38 Cr
▲ 17% YoY
Net profit · FY 2025
₹59.87 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹3.99 Cr
EBITDA margin 4.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.9 Cr
Issued & subscribed
Open charges
₹45.4 Cr
Satisfied ₹33.3 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
73
Provident fund records
About Elite Motors Private Limited
Data last updated:
Elite Motors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 19 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50100KA2007PTC043907. Its GSTIN is 29AABCE8407B3ZU (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.9 Cr. It is led by directors including Sonia Singh and Gurjit Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #40 Prestige Tudor Court Lavelle Road, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.38 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹59.87 Lakh (net margin 0.7%) and EBITDA of ₹3.99 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.4 Cr and satisfied charges of ₹33.3 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Elite Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0038127). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U50100KA2007PTC043907
Registration Number 043907
Incorporation Date 19 September 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0038127
Recognitions & Rankings of Elite Motors
Contact details
Elite Motors Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#40 Prestige Tudor Court Lavelle Road, Bangalore, Karnataka, India – 560068
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Elite Motors Private Limited, buy the company report.
Comprehensive company report
Elite 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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Secure checkout · GST invoice included
Business activity
The main business activity of Elite Motors is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Elite Motors Private Limited, buy the company report.
Financials of Elite Motors Private Limited
FY 2024 filings availableElite Motors Private Limited reported revenue of ₹91.38 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹91.38 Cr ▲ 17%
Net profit · FY 2025
₹59.87 Lakh margin 0.7%
EBITDA · FY 2025
₹3.99 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 8%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 1%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 17% growth in the latest year. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elite Motors Private Limited, buy the company report.
Board of directors of Elite Motors Private Limited
Elite Motors has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonia Singh Also directs: Elite Vehicles Private Limited, Elite Automobiles Private Limited | Director | 19 Sep 2007 | 19 Years 1 Months | Current |
| Gurjit Singh Also directs: Aiconic Automobiles Private Limited, Elite Motocraft Private Limited, Elite Vehicles Private Limited and 1 more | Director | 19 Sep 2007 | 19 Years 1 Months | Current |
| Jaspreet Singh Also directs: Aiconic Automobiles Private Limited, Elite Motocraft Private Limited, Tia Ventures LLP and 3 more | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
Shareholding
The shareholding of Elite 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elite Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.4 Cr
Satisfied charges
₹33.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2025 | 101138430 | Others | ₹55 Lakh | Open | |
| 26 Jun 2025 | 101113841 | State Bank of India | ₹12.9 Cr | Open | |
| 30 Sep 2021 | 100490915 | State Bank of India | ₹17 Cr | Open | |
| 27 Aug 2020 | 100361602 | Tata Capital Financial Services Limited | ₹59 Lakh | Open | |
| 31 Jul 2020 | 100361588 | Others | ₹29.81 Lakh | Open |
To see the full charge records of Elite Motors Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Elite Motors Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Sri Durga Security Services | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Elite Motors 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.
Credit ratings & regulatory alerts
Elite Motors Private Limited was last rated by Care on 25 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Jan 2022 |
To see the full credit ratings and regulatory alerts of Elite Motors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elite Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elite Motors Private Limited has a workforce of 73 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
1.39%
GST
Elite Motors has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE8407B3ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Motors Private Limited, buy the company report.
Recent activity
Elite Motors Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Jaspreet Singh ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101138430 was registered on 21 Jul 2025.
Charges
A charge with State Bank Of India amounted to Rs. 12.90 Cr with Charge ID 101113841 was registered on 26 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 17.00 Cr registered on 30 Sep 2021 with Charge ID 100490915 was modified on 04 Jun 2025.
AGM
Elite Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Jaspreet Singh ceased to be Additional Director.
Filing
Elite Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jaspreet Singh was appointed as Director.
Charges
A charge registered on 06 Mar 2014 via Charge ID 10497097 with Volkswagen Finance Private Limited was fully satisfied on 07 Aug 2023.
Charges
A charge registered on 20 May 2016 via Charge ID 100242062 with Others was fully satisfied on 08 Aug 2022.
Charges
A charge with Others of Rs. 1.84 Cr registered on 11 Jun 2020 with Charge ID 100347781 was modified on 04 Dec 2021.
Charges
A charge registered on 03 Jan 2013 via Charge ID 10406890 with Volkswagen Finance Private Limited was fully satisfied on 07 Oct 2021.
Charges
A charge with State Bank Of India amounted to Rs. 17.00 Cr with Charge ID 100490915 was registered on 30 Sep 2021.
16 earlier events are in the company report.
Frequently asked questions
Elite Motors is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 19 September 2007 (19+ years old) and is registered under CIN U50100KA2007PTC043907.
Elite Motors has 3 current directors:
- Sonia Singh - Director
- Gurjit Singh - Director
- Jaspreet Singh - Director
The latest financial statements of Elite Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elite Motors is 29AABCE8407B3ZU, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Elite Motors is U50100KA2007PTC043907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Motors has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Elite Motors was incorporated on 19 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Jaspreet Singh ceased to be Additional Director on 29 Sep 2024. Jaspreet Singh was appointed as Director on 11 Dec 2023. Gurjit Singh was appointed as Director on 19 Sep 2007. Elite Motors has 4 board changes on record in total.
Yes, Elite Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0038127).
The registered office of Elite Motors is at #40 Prestige Tudor Court Lavelle Road, Bangalore, Karnataka, India – 560068.
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