About G 3 Motors Limited
Data last updated:
G 3 Motors Limited is a public limited company based in Panvel, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 23 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PLC169109. Its GSTIN is 27AACCG8148E1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.35 Cr. It was formerly known as G 3 Motors Private Limited. It is led by directors including Mayur Dashrath Panchal and Vandana Vikram Kapoor.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Panvel, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹329.7 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹26.45 Lakh (net margin 0.1%) and EBITDA of ₹8.24 Cr (EBITDA margin 2.5%).
The company has about 490 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹129.84 Cr and satisfied charges of ₹39.52 Cr on record. Court records list 26 cases involving the company, including 5 filed by the company and 21 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website g3motors.com.
Company details
CIN history
G 3 Motors has one previous CIN (Corporate Identification Number): U74999MH2007PTC169109. The current CIN is U74999MH2007PLC169109, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2007PLC169109 | Current |
| U74999MH2007PTC169109 | Previous |
Contact details
G 3 Motors Limited's registered office is in Panvel, Maharashtra. Its website is g3motors.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No. B/313 Plot No. 514 Steel Chamber Tower, Steel Market Complex Kalamboli – 410218, Panvel, Maharashtra, India – 410218
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of G 3 Motors 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 G 3 Motors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of G 3 Motors Limited, buy the company report.
Financials of G 3 Motors Limited
FY 2018 filings availableG 3 Motors Limited reported revenue of ₹329.7 Cr (down 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA fell 11% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹329.7 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹8.24 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹26.45 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.5% | |||
| Net Profit Margin | 0.1% | |||
| 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 G 3 Motors Limited, buy the company report.
Board of directors of G 3 Motors Limited
G 3 Motors has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Vikram Kapoor Also directs: Prakash Heat Treatment and Industries Private Limited | Additional Director | 02 Jul 2018 | 8 Years 4 Months | Current |
| Sheela Vinod Gupta | Additional Director | 08 May 2019 | 7 Years 6 Months | Current |
| Mayur Dashrath Panchal | Director | 02 Jul 2018 | 8 Years 4 Months | Current |
Auditor
G 3 Motors Limited is audited by D K ROONGTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K ROONGTA & CO | FY 2018 | 108871W |
Shareholding
The shareholding of G 3 Motors Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of G 3 Motors Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2014 | 10524604 | Tata Capital Financial Services Limited | ₹1.23 Cr | Open | |
| 29 Sep 2014 | 10524635 | Tata Capital Financial Services Limited | ₹1.15 Cr | Open | |
| 29 Sep 2014 | 10524636 | Tata Capital Financial Services Limited | ₹94.68 Lakh | Open | |
| 21 Jan 2013 | 10410542 | Tata Capital Financial Services Limited | ₹23.62 Lakh | Open | |
| 21 Jan 2013 | 10410544 | Tata Capital Financial Services Limited | ₹17.96 Lakh | Open |
To see the full charge records of G 3 Motors Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
G 3 Motors Limited has 26 court cases on record: 5 filed by G 3 Motors, 21 filed against it. 3 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 15 | 2 |
| High courts | 6 | 6 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Pending |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S. Cholamandalam Investment and Finance Company Ltd, Rep by R. Dasaratharaman | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Davada Shipping Agencies Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Davada Shipping Agencies Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Tata Capital Financial Services Ltd. | Disposed |
To see the full case history of G 3 Motors 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
G 3 Motors Limited was last rated by Crisil on 27 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Nov 2020 |
To see the full credit ratings and regulatory alerts of G 3 Motors Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for G 3 Motors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
G 3 Motors has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| G3 Automobiles Limited | U50200MH2013PLC240515 |
To see the full group structure of G 3 Motors Limited, buy the company report.
GST
G 3 Motors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG8148E1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of G 3 Motors Limited, buy the company report.
Recent activity
G 3 Motors Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Bindu Sunil Soni ceased to be Director on 11 Jun 2019.
43 earlier events are in the company report.
Frequently asked questions
G 3 Motors is an active public limited company based in Panvel, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 23 March 2007 (19+ years old) and is registered under CIN U74999MH2007PLC169109.
G 3 Motors has 3 current directors:
- Vandana Vikram Kapoor - Additional Director
- Sheela Vinod Gupta - Additional Director
- Mayur Dashrath Panchal - Director
The latest financial statements of G 3 Motors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of G 3 Motors is 27AACCG8148E1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of G 3 Motors is U74999MH2007PLC169109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G 3 Motors has 26 court cases on record: 5 filed by the company and 21 filed against it. 3 are pending. Most are in the district courts.
G 3 Motors was incorporated on 23 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Bindu Sunil Soni ceased to be Director on 11 Jun 2019. Sheela Vinod Gupta was appointed as Additional Director on 08 May 2019. Sheela Vinod Gupta ceased to be Additional Director on 08 Aug 2018. G 3 Motors has 11 board changes on record in total.
G 3 Motors can be reached through the website g3motors.com. Its registered office is in Panvel, Maharashtra, India.
The registered office of G 3 Motors is at Unit No. B313 Plot No. 514 Steel Chamber Tower, Steel Market Complex Kalamboli – 410218, Panvel, Maharashtra, India – 410218.
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