Garve Cars Private Limited

Auto dealer selling parts and accessories for all motor vehicles.

2021 | Pune, Maharashtra (India) | Active
Last Updated:

Garve Cars Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 4 Year, 3 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.81 Cr
  • Revenue Growth 109.38%
  • Profit Growth 58.07%
  • Ebitda 86.28%
  • Net Worth 81.25%
  • Total Assets 40.55%

About Garve Cars

Garve Cars Private Limited (GCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 2021 (Four years 3 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹35.81 Cr.

Kiran Garve, Aniket Garve, and Saish Garve serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34100PN2021PTC200380

  • Company No.

    200380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive
Company report

Garve Cars Private Limited

Explore comprehensive data for Garve Cars Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Garve Cars?

Board Members (3)

NameDesignationAppointment DateStatus
Aniket Garve Country flag representing In Director 16-Apr-2021Current
Kiran Garve Country flag representing In Additional Director 05-Apr-2024Current
Saish Garve Additional Director 02-Sep-2024Current

Financial Performance of Garve Cars.

Garve Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 109.38% increase. The company also saw a substantial improvement in profitability, with a 58.07% increase in profit. The company's net worth Soared by an impressive increase of 81.25%.

Garve Cars revenue growth over time
Garve Cars 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
109.38%
Revenue from Operations
109.47%
Total Assets
40.55%
Profit or Loss
58.07%
Net Worth
81.25%
EBITDA
86.28%

What is the Ownership and Shareholding Structure of Garve Cars?

In 2023, Garve Cars 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

Charges (Loans)

Open Charges

₹35.81 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 35.00 Cr
  • Hdfc Bank Limited : 0.81 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2023Hdfc Bank Limited₹8.05 MOpen
29 Jun 2021State Bank Of India₹35.00 CrOpen

How Many Employees Work at Garve Cars?

Garve Cars has a workforce of 450 employees as of Apr 05, 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 Garve Cars Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garve Cars, 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 Garve Cars'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 Garve Cars

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 35.00 Cr registered on 29 Jun 2021 with Charge ID 100460617 was modified on 02 Sep 2024.

  • Director Appointment

    Saish Kiran Garve was appointed as a Additional Director was appointed as a Additional Director on 02 Sep 2024 & has been associated with this company since 7 months 17 days .

  • Director Appointment

    Kiran Shankar Garve was appointed as a Additional Director was appointed as a Additional Director on 05 Apr 2024 & has been associated with this company since 1 year 14 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.81 Cr with Charge ID 100872038 was registered on 01 Dec 2023.

  • Annual General Meeting

    Garve Cars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Garve Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

Frequently asked questions

  • What is the Incorporation or founding date of Garve Cars Private Limited?

    Garve Cars Private Limited was incorporated on 16 Apr 2021.

  • What is authorized share capital and paid-up capital of Garve Cars Private Limited?

    The authorized share capital of Garve Cars Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Garve Cars Private Limited?

    Currently 3 directors are associated with Garve Cars Private Limited.

    • Kiran Shankar Garve
    • Aniket Kiran Garve
    • Saish Kiran Garve

  • What is the registered address of Garve Cars Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garve Cars Private Limited is S. No. 136/1A (4)6 B. P Road, Wakad India, Pune, Maharashtra, 411057.

  • What is the corporate identification number (CIN) and company number of Garve Cars Private Limited?

    The corporate identification number (CIN) of Garve Cars Private Limited is U34100PN2021PTC200380 and the company number is 200380 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Garve Cars Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garve Cars Private Limited has risen by 109.38%.

  • How many employees does Garve Cars Private Limited currently have?

    As Per 2023 financial reports, 450 employees are currently employed by Garve Cars Private Limited.

  • What change has been observed in the net worth of Garve Cars Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Garve Cars Private Limited has experienced an upsurge of 81.25%.

  • What are the total open charges for Garve Cars Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Garve Cars Private Limited amount to ₹ 35.81 Cr.

  • When was the last Balance Sheet of Garve Cars Private Limited filed with the ROC?

    The most recent Balance Sheet for Garve Cars Private Limited was filed with the ROC on 31 Mar 2023.

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