Garuda Motors Private Limited
About Garuda Motors Private Limited
Data last updated:
Garuda Motors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 16 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50103MH1996PTC101916. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.36 Lakh. It is led by directors including Priyank Parekh and Rameshwar Raut.
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 601 Ravi Building 189/191 D.N.Road Near Central Camera House Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,903 (net margin -12.3%) and EBITDA of -₹7,823 (EBITDA margin -6.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over five years.
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 2 cases involving the company, including 1 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
Garuda Motors has one previous CIN (Corporate Identification Number): L50103MH1996PLC101916. The current CIN is U50103MH1996PTC101916, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50103MH1996PTC101916 | Current |
| L50103MH1996PLC101916 | Previous |
Contact details
Garuda Motors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address601 Ravi Building 189/191 D.N.Road Near Central Camera House Fort, Mumbai, Maharashtra, India – 400001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Garuda Motors Private 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 Garuda Motors is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Garuda Motors Private Limited, buy the company report.
Financials of Garuda Motors Private Limited
FY 2024 filings availableGaruda Motors Private Limited reported revenue of ₹1.21 Lakh (up 175% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 175% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 82% 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 |
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| EBITDA | -₹7,823 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14,903 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.5% | ||||
| Net Profit Margin | -12.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Garuda Motors Private Limited, buy the company report.
Board of directors of Garuda Motors Private Limited
Garuda Motors has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Parekh Also directs: Excellence Finance Private Limited, Sat Gol Investment Private Limited, Packswell Combine Private Limited and 1 more | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
| Rameshwar Raut Also directs: Excellence Finance Private Limited, Sat Gol Investment Private Limited, Packswell Combine Private Limited and 1 more | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
| Sachin Bakshi Also directs: Sat Gol Investment Private Limited, Packswell Combine Private Limited, Precel Solutions Private Limited and 1 more | Director | 30 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Garuda Motors Private Limited is audited by GMA & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMA & Associates | FY 2016 | 019634C |
Shareholding
The shareholding of Garuda Motors Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Garuda Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 1997 | 90142016 | The National Co - Op. Bank Ltd; | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Garuda Motors Private Limited has 2 court cases on record: 1 filed by Garuda Motors, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Income Tax Officer Ward 2(1)(3) and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Income Tax Officer, Ward 2( and 3 others | Disposed |
To see the full case history of Garuda 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 Garuda Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garuda Motors 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 Garuda Motors Private Limited, buy the company report.
Recent activity
Garuda Motors Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Gaurav Bakshi ceased to be Director on 01 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
Garuda Motors is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 16 August 1996 (30+ years old) and is registered under CIN U50103MH1996PTC101916.
Garuda Motors has 3 current directors:
- Priyank Parekh - Director
- Rameshwar Raut - Director
- Sachin Bakshi - Director
The latest financial statements of Garuda 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.
No. Garuda Motors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Garuda Motors is U50103MH1996PTC101916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garuda Motors has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Garuda Motors was incorporated on 16 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Gaurav Bakshi ceased to be Director on 01 Sep 2025. Sachin Bakshi was appointed as Director on 30 Aug 2025. Rameshwar Raut was appointed as Director on 02 Sep 2024. Garuda Motors has 9 board changes on record in total.
The registered office of Garuda Motors is at 601 Ravi Building 189191 D.N.Road Near Central Camera House Fort, Mumbai, Maharashtra, India – 400001.
Garuda Motors operates in the automotive industry, in the auto dealership and trading segment.
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