Garnet Motors (India) Private Limited Company Logo

Garnet Motors (India) Private Limited - Company Profile

It is a automotive private limited company based in Nagpur, Maharashtra, India, established in 2018.

2018 | Nagpur, Maharashtra, India | Active
Last Updated:

About Garnet Motors (India) Private Limited

Garnet Motors (India) Private Limited, a active private limited company, was established on 11 September 2018 in Nagpur, Maharashtra, India. Engaging in auto dealership & trading within the support service to organizations sector, it holds CIN: U50401MH2018PTC313867. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹5.21 Cr.

Employing 150 professional, Its leadership includes Ankur Singh Cheema (Director), Karnailsingh Gurbachansingh Cheema (Director), Kokila Karnailsingh Cheema (Director). It holds ₹160.94 Cr open charges and ₹17.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 104,105/2, Flat No.902 Happy Heights, Farmland,Ramdaspeth, Nagpur, Maharashtra, 440010.

Company Details

  • CIN/LLPIN

    U50401MH2018PTC313867

  • Registration Number

    313867

  • Incorporation Date

    11 September 2018

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹5.21 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.21 Cr
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 160.94 Cr
  • Satisfied Charges ₹ 17.00 Cr
  • Revenue Growth -33.01%
  • Profit Growth 21.77%
  • Ebitda 13.46%
  • Net Worth 58.65%
  • Total Assets 46.82%
Company report

Garnet Motors (India) Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Garnet Motors (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Garnet Motors (India) Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ankur Singh CheemaDirector11 Sep 2018Current
Karnailsingh Gurbachansingh CheemaDirector11 Sep 2018Current
Kokila Karnailsingh CheemaDirector11 Sep 2018Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Garnet Motors (India).

Garnet Motors (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.01% decrease. The company also saw a substantial improvement in profitability, with a 21.77% increase in profit. The company's net worth Soared by an impressive increase of 58.65%.

Garnet Motors (India) revenue growth over time
Garnet Motors (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.01%
Revenue from Operations
-33.24%
Total Assets
46.82%
Profit or Loss
21.77%
Net Worth
58.65%
EBITDA
13.46%

What is the Ownership and Shareholding Structure of Garnet Motors (India)?

In 2023, Garnet Motors (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹1,609,360,000.00

Satisfied Charges

₹170,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 124.64 Cr
  • Axis Bank Limited : 34.30 Cr
  • Tata Capital Financial Services Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Mar 2025Axis Bank Limited₹20.00 CrOpen
22 Nov 2024Others₹2.00 CrOpen
19 May 2024Others₹3.00 CrOpen
17 May 2024Axis Bank Limited₹5.00 CrOpen
15 May 2024Axis Bank Limited₹4.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Garnet Motors (India)?

Garnet Motors (India) has a workforce of 150 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Garnet Motors (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garnet Motors (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garnet Motors (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Garnet Motors (India)

Recent Activity within the Organization

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 03 Mar 2025 with Charge ID 101061936 was modified on 24 Jun 2025. was completed.

  • Charges

    A charge with Others of Rs. 8.00 Cr registered on 04 Aug 2023 with Charge ID 100765524 was modified on 03 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101061936 was registered on 03 Mar 2025. was documented.

  • Charges

    The activity A charge registered on 15 Feb 2024 via Charge ID 100872658 with Others was fully satisfied on 27 Dec 2024. was completed.

  • Charges

    Progress on A charge registered on 27 Mar 2024 via Charge ID 100904823 with Others was fully satisfied on 17 Dec 2024. was documented.

  • Charges

    The activity A charge registered on 09 Feb 2024 via Charge ID 100872660 with Others was fully satisfied on 17 Dec 2024. was completed.

Frequently Asked Questions

  • What is the CIN of Garnet Motors (India) Private Limited?

    The CIN of Garnet Motors (India) Private Limited is U50401MH2018PTC313867.

  • Where is Garnet Motors (India) Private Limited headquartered?

    Garnet Motors (India) Private Limited is headquartered at Plot No 104,105/2, Flat No.902 Happy Heights, Farmland,Ramdaspeth, Nagpur, Maharashtra, 440010.

  • When was Garnet Motors (India) Private Limited incorporated?

    Garnet Motors (India) Private Limited was incorporated on 11 September 2018.

  • Who are the current directors of Garnet Motors (India) Private Limited?

    The current directors of Garnet Motors (India) Private Limited are

  • What is the primary industry of Garnet Motors (India) Private Limited?

    The primary industry of Garnet Motors (India) Private Limited is Support Service To Organizations.

  • Is Garnet Motors (India) Private Limited a listed company?

    Garnet Motors (India) Private Limited is unlisted.

  • What is the capital structure of Garnet Motors (India) Private Limited?

    The authorized capital of Garnet Motors (India) Private Limited is ₹7.00 Cr, and the paid-up capital is ₹5.21 Cr.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial