Garvit Innovative Traders Private Limited
About Garvit Innovative Traders Private Limited
Data last updated:
Garvit Innovative Traders Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50404DL2016PTC301171. Its GSTIN is 24AAFCV4793B1ZC (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Vertical Traders Private Limited. It is led by directors Shruti Bansal and Saroj Bala.
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 B – 6 Group Industrial Area Wazirpur, New Delhi, Delhi, India – 110052.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.36 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.4 Lakh (net margin 0.2%) and EBITDA of ₹96.65 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹8.45 Cr on record. Court records list 16 cases involving the company, including 16 filed by the company; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – 6 Group Industrial Area Wazirpur, New Delhi, Delhi, India – 110052
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Garvit Innovative Traders Private Limited
The main business activity of Garvit Innovative Traders is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Garvit Innovative Traders Private Limited FY 2025 filings available
Garvit Innovative Traders Private Limited reported revenue of ₹22.36 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garvit Innovative Traders Private Limited
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA fell 1% 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 of Garvit Innovative Traders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹96.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.4 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 of Garvit Innovative Traders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garvit Innovative Traders are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Garvit Innovative Traders Private Limited
Garvit Innovative Traders Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Funshine Getaways Private Limited | ₹22.4 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Sivsagar, Assam, India |
| Sap Swiss Tech Private Limited | ₹22.39 Cr (FY 2025) | •••• | •••• | 2335.0% | •••• | Delhi, India |
| PNR Automobiles Private Limited | ₹22.39 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Khowai, Tripura, India |
| QJ Motors Private Limited | ₹22.37 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Azamgarh, Uttar Pradesh, India |
| Anjaney Automobiles Private Limited | ₹22.37 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Ramgarh Cantt, Jharkhand, India |
| Garvit Innovative Traders Private Limited this company | ₹22.36 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Harduttrai Ranglal Private Limited | ₹22.34 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Sundargarh, Odisha, India |
| Sarvvahan Motors Private Limited | ₹22.31 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Gi Trade Private Limited | ₹22.28 Cr (FY 2023) | •••• | •••• | 10.0% | •••• | Aurangabad, Maharashtra, India |
| Khanna Auto Care Private Limited | ₹22.26 Cr (FY 2025) | •••• | •••• | •••• | Arya Nagar, Uttar Pradesh, India | |
| DJ (Alagendran) Automobiles Private Limited | ₹22.26 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Trichirappalli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Garvit Innovative Traders by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Garvit Innovative Traders Private Limited
Garvit Innovative Traders Private Limited is audited by D.V. Mittal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D.V. Mittal & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Garvit Innovative Traders Private Limited
Garvit Innovative Traders has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Bansal Also directs: Garvit Green Industries Private Limited | Director | 10 Jun 2016 | 10 Years 4 Months | Current |
| Saroj Bala | Director | 10 Jun 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Garvit Innovative Traders Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garvit Innovative Traders Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2017 | Others | ₹8.45 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Garvit Innovative Traders Private Limited
Garvit Innovative Traders Private Limited has 16 court cases on record: 16 filed by Garvit Innovative Traders. 14 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 14 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Garvit Innovative Traders Private Limited
Employment history and EPFO contributions of people linked to Garvit Innovative Traders.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Garvit Innovative Traders Private Limited
Garvit Innovative Traders Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Ankit Agarwalla ceased to be Director on 14 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Garvit Innovative Traders Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Garvit Innovative Traders Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garvit Innovative Traders Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Garvit Innovative Traders Private Limited
Garvit Innovative Traders has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV4793B1ZC | Gujarat | Active | 01 Jul 2017 |
| 08AAFCV4793B1Z6 | Rajasthan | Active | 28 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garvit Innovative Traders Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Garvit Innovative Traders Private Limited
Garvit Innovative Traders is an active private limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 June 2016 (10+ years old) and is registered under CIN U50404DL2016PTC301171.
Garvit Innovative Traders reported revenue of ₹22.36 Cr for FY 2025 (up 3% YoY).
Garvit Innovative Traders has 2 current directors:
- Shruti Bansal - Director
- Saroj Bala - Director
Garvit Innovative Traders reported a net profit of ₹5.4 Lakh (net margin 0.2%) and EBITDA of ₹96.65 Lakh (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garvit Innovative Traders is -24% over three years and -21% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garvit Innovative Traders is 24AAFCV4793B1ZC, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAFCV4793B1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Garvit Innovative Traders is U50404DL2016PTC301171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garvit Innovative Traders has 16 court cases on record: 16 filed by the company. 14 are pending.
Garvit Innovative Traders was incorporated on 10 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Garvit Innovative Traders by revenue are Funshine Getaways Private Limited, Sap Swiss Tech Private Limited, PNR Automobiles Private Limited, QJ Motors Private Limited, Anjaney Automobiles Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Ankit Agarwalla ceased to be Director on 14 Oct 2021. Saroj Bala was appointed as Director on 10 Jun 2016. Shruti Bansal was appointed as Director on 10 Jun 2016.