MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-20-0012629
Garima Motors Private Limited
Garima Motors Private Limited - automotive in Gwalior, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹40.71 Cr
▲ 56% YoY
Net profit · FY 2024
₹86.43 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.35 Cr
EBITDA margin 3.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹4.25 Cr
Satisfied ₹3.1 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
68
Provident fund records
About Garima Motors Private Limited
Data last updated:
Garima Motors Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50103MP1999PTC013826. Its GSTIN is 23AABCG7960K1ZF (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Garvit Automobiles Private Limited. It is led by directors Hari Om Nagpal (Managing Director) and Rita Nagpal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gwalior, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.71 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹86.43 Lakh (net margin 2.1%) and EBITDA of ₹1.35 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 5% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.25 Cr and satisfied charges of ₹3.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Garima Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0012629). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U50103MP1999PTC013826
Registration Number 013826
Incorporation Date 29 October 1999
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-20-0012629
Recognitions & Rankings of Garima Motors
Contact details
Garima Motors Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLd Complex, Padav Chauraha, Gwalior, Madhya Pradesh, India – 474002
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Garima Motors Private Limited, buy the company report.
Comprehensive company report
Garima 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 Garima 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 Garima Motors Private Limited, buy the company report.
Financials of Garima Motors Private Limited
FY 2025 filings availableGarima Motors Private Limited reported revenue of ₹40.71 Cr (up 56% YoY) for FY 2024.
Revenue · FY 2024
₹40.71 Cr ▲ 56%
Net profit · FY 2024
₹86.43 Lakh margin 2.1%
EBITDA · FY 2024
₹1.35 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 27%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 56% growth in the latest year. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.43 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Garima Motors Private Limited, buy the company report.
Board of directors of Garima Motors Private Limited
Garima 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 |
|---|---|---|---|---|
| Rita Nagpal | Director | 21 Jun 2002 | 24 Years 4 Months | Current |
| Hari Om Nagpal | Managing Director | 29 Oct 1999 | 27 Years 0 Months | Current |
Peer comparison
Garima Motors Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| SKG Automobiles Private Limited | ₹40.79 Cr (FY 2024) | 191.0% | Raipur, Chhattisgarh, India | |||
| Kshipra & Company Pvt Ltd | ₹40.79 Cr (FY 2025) | -6.0% | Ujjain, Madhya Pradesh, India | |||
| Contai Pioneer Motors Private Limited | ₹40.78 Cr (FY 2024) | 103.0% | Contai, West Bengal, India | |||
| Herschel Motors Private Limited | ₹40.71 Cr (FY 2025) | 42.0% | Mahaboobnagar, Telangana, India | |||
| Garima Motors Private Limitedthis company | ₹40.71 Cr (FY 2024) | ₹86.43 Lakh | 2.1% | 56.0% | 68 | Gwalior, Madhya Pradesh, India |
| Ravi Wheels Private Limited | ₹40.69 Cr (FY 2024) | 14.0% | Vadodara, Gujarat, India | |||
| Rao and Khan Motors Private Limited | ₹40.66 Cr (FY 2024) | 7.0% | Krishnagiri, Tamil Nadu, India | |||
| Libra Cars Private Limited | ₹40.58 Cr (FY 2018) | -14.0% | Delhi, India |
To see the full peer comparison of Garima Motors Private Limited, buy the company report.
Auditor
Garima Motors Private Limited is audited by N.K. GUPTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.K. GUPTA & CO. | FY 2023 | 000475C |
Shareholding
The shareholding of Garima 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garima Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.25 Cr
Satisfied charges
₹3.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2020 | 100387515 | Axis Bank Limited | ₹1 Cr | Open | |
| 17 Oct 2020 | 100404796 | Axis Bank Limited | ₹1.75 Cr | Open | |
| 03 Sep 2010 | 10241259 | Bank of India | ₹1.5 Cr | Open | |
| 03 Sep 2016 | 100049974 | State Bank of India | ₹1.6 Cr | Satisfied | |
| 08 Sep 2014 | 10528148 | Indusind Bank | ₹1 Cr | Satisfied |
To see the full charge records of Garima Motors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Garima Motors Private Limited has 1 court case on record: 1 filed by Garima Motors. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh THR | Pending |
To see the full case history of Garima 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garima Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garima Motors Private Limited has a workforce of 68 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
68
Active EPFO establishments
1
Employee growth
15.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 68 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Garima Motors Private Limited, buy the company report.
GST
Garima Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCG7960K1ZF | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garima Motors Private Limited, buy the company report.
Recent activity
Garima Motors Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Hari Om Nagpal ceased to be Director on 23 Aug 2016.
AGM
Garima Motors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Garima Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Axis Bank Limited of Rs. 175.00 Lakh registered on 17 Oct 2020 with Charge ID 100404796 was modified on 30 Jun 2023.
Charges
A charge registered on 03 Sep 2016 via Charge ID 100049974 with State Bank Of India was fully satisfied on 02 Nov 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100387515 was registered on 17 Oct 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 100404796 was registered on 17 Oct 2020.
Charges
A charge with State Bank Of India amounted to Rs. 160.00 Lakh with Charge ID 100049974 was registered on 03 Sep 2016.
Ceased
Hari Om Nagpal ceased to be Director.
Ceased
Charanjeet Nagpal ceased to be Managing Director.
Charges
A charge with Bank Of India of Rs. 150.00 Lakh registered on 03 Sep 2010 with Charge ID 10241259 was modified on 30 Apr 2016.
Charges
A charge registered on 08 Sep 2014 via Charge ID 10528148 with Indusind Bank was fully satisfied on 11 Apr 2016.
Charges
A charge with Indusind Bank amounted to Rs. 100.00 Lakh with Charge ID 10528148 was registered on 08 Sep 2014.
6 earlier events are in the company report.
Frequently asked questions
Garima Motors is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 October 1999 (27+ years old) and is registered under CIN U50103MP1999PTC013826.
Garima Motors has 2 current directors:
- Hari Om Nagpal - Managing Director
- Rita Nagpal - Director
The latest financial statements of Garima Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Garima Motors is 23AABCG7960K1ZF, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Garima Motors is U50103MP1999PTC013826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garima Motors has 1 court case on record: 1 filed by the company. 1 is pending.
Garima Motors was incorporated on 29 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Garima Motors by revenue are SKG Automobiles Private Limited, Kshipra & Company Pvt Ltd, Contai Pioneer Motors Private Limited, Herschel Motors Private Limited, Ravi Wheels Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Hari Om Nagpal ceased to be Director on 23 Aug 2016. Charanjeet Nagpal ceased to be Managing Director on 22 Aug 2016. Rita Nagpal was appointed as Director on 21 Jun 2002. Garima Motors has 4 board changes on record in total.
Yes, Garima Motors is registered as a small enterprise under Udyam registration (number: UDYAM-MP-20-0012629).
The registered office of Garima Motors is at Ld Complex, Padav Chauraha, Gwalior, Madhya Pradesh, India – 474002.
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