MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0021459
Grover Motors Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹257.92 Cr
▲ 24% YoY
Net profit · FY 2025
₹20.66 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹3.96 Cr
EBITDA margin 1.5%
Authorised capital
₹2.54 Cr
Registered with MCA
Paid-up capital
₹2.04 Cr
Issued & subscribed
Open charges
₹46.79 Cr
Satisfied ₹11.5 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
138
Provident fund records
About Grover Motors Private Limited
Data last updated:
Grover Motors Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50100PB2009PTC032863. Its GSTIN is 03AADCG4589L1ZA (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.54 Cr and a paid-up capital of ₹2.04 Cr. It is led by directors including Avtar Singh and Kulwant Singh.
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 274 Industrial Area Focal Point Road Opp. Aarti Steel, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹257.92 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹20.66 Lakh (net margin 0.1%) and EBITDA of ₹3.96 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 15% over five years.
The company has about 138 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grover Motors. As per MCA filings, the company has open charges of ₹46.79 Cr and satisfied charges of ₹11.5 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 7 filed against it; 5 cases are pending.
Grover Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0021459). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grovermotors.net.
Company details
CIN U50100PB2009PTC032863
Registration Number 032863
Incorporation Date 28 May 2009
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0021459
Recognitions & Rankings of Grover Motors
Contact details
Grover Motors Private Limited's registered office is in Ludhiana, Punjab. Its website is grovermotors.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address274 Industrial Area Focal Point Road Opp. Aarti Steel, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Grover Motors Private Limited, buy the company report.
Comprehensive company report
Grover 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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Brands
Grover Motors operates one associated brand: Grover Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a used car dealership offering Tata Motors vehicles, pre-owned cars, financing, and insurance at multiple locations. | grovermotors.net |
Business activity
The main business activity of Grover Motors is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Grover Motors Private Limited, buy the company report.
Financials of Grover Motors Private Limited
FY 2024 filings availableGrover Motors Private Limited reported revenue of ₹257.92 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹257.92 Cr ▲ 24%
Net profit · FY 2025
₹20.66 Lakh margin 0.1%
EBITDA · FY 2025
₹3.96 Cr margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 24%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 11%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 24% growth in the latest year. EBITDA rose 32% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.66 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Grover Motors Private Limited, buy the company report.
Board of directors of Grover Motors Private Limited
Grover Motors has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avtar Singh Also directs: Grover Automobiles Private Limited | Director | 15 Oct 2010 | 16 Years 0 Months | Current |
| Kulwant Singh Also directs: Grover Automobiles Private Limited | Director | 28 May 2009 | 17 Years 5 Months | Current |
| Jaswinder Singh Also directs: Grover Automobiles Private Limited | Director | 15 Oct 2010 | 16 Years 0 Months | Current |
| Diljang Singh Also directs: Grover Automobiles Private Limited | Director | 28 May 2009 | 17 Years 5 Months | Current |
Auditor
Grover Motors Private Limited is audited by SINGLA GUPTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGLA GUPTA & CO. | FY 2023 | 017231N |
Shareholding
The shareholding of Grover 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grover Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.79 Cr
Satisfied charges
₹11.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2023 | 100821945 | Others | ₹10 Cr | Open | |
| 10 Oct 2023 | 100818595 | Hdfc Bank Limited | ₹55 Lakh | Open | |
| 30 Mar 2023 | 100718399 | Hdfc Bank Limited | ₹24 Lakh | Open | |
| 10 May 2022 | 100577025 | Others | ₹6 Cr | Open | |
| 29 Oct 2015 | 10615234 | Hinduja Leyland Finance Limited | ₹75 Lakh | Open |
To see the full charge records of Grover Motors Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Grover Motors Private Limited has 19 court cases on record: 12 filed by Grover Motors, 7 filed against it. 5 cases are pending and 14 are disposed.
Total cases
19
Filed by the company
12
Filed against the company
7
Pending
5
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 7 | 4 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Icici Bank | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Ms S.K. Construction | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Ms S.K. Construction Company | Pending |
| High Court | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Bareilly, Uttar Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Grover 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 Grover Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grover Motors Private Limited has a workforce of 138 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
138
Active EPFO establishments
1
Employee growth
-14.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 138 |
| 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 Grover Motors Private Limited, buy the company report.
GST
Grover Motors has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCG4589L1ZA | Punjab | Active | 01 Jul 2017 |
| 04AADCG4589L1Z8 | Chandigarh | Active | 25 Mar 2023 |
To see the full GST registrations and return filing status of Grover Motors Private Limited, buy the company report.
Recent activity
Grover Motors Private Limited has 4 board changes on record since 2009: 4 appointments. The latest: Avtar Singh was appointed as Director on 15 Oct 2010.
AGM
Grover Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Grover Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others of Rs. 10.00 Cr registered on 08 Nov 2023 with Charge ID 100821945 was modified on 29 Mar 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100821945 was registered on 08 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100818595 was registered on 10 Oct 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 29.25 Cr registered on 24 May 2011 with Charge ID 10294639 was modified on 20 May 2023.
Charges
A charge with Others of Rs. 6.00 Cr registered on 10 May 2022 with Charge ID 100577025 was modified on 04 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100718399 was registered on 30 Mar 2023.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100577025 was registered on 10 May 2022.
Charges
A charge registered on 28 Oct 2010 via Charge ID 10255238 with Indusind Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 01 Mar 2013 via Charge ID 10413590 with State Bank Of India was fully satisfied on 13 Sep 2021.
Charges
A charge with State Bank Of India of Rs. 5.00 Cr registered on 01 Mar 2013 with Charge ID 10413590 was modified on 28 Mar 2016.
12 earlier events are in the company report.
Frequently asked questions
Grover Motors is an active private limited company based in Ludhiana, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 28 May 2009 (17+ years old) and is registered under CIN U50100PB2009PTC032863.
Grover Motors has 4 current directors:
- Avtar Singh - Director
- Kulwant Singh - Director
- Jaswinder Singh - Director
- Diljang Singh - Director
The latest financial statements of Grover 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.
The GSTIN of Grover Motors is 03AADCG4589L1ZA, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 04AADCG4589L1Z8 (Chandigarh).
The CIN (Corporate Identification Number) of Grover Motors is U50100PB2009PTC032863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grover Motors has 19 court cases on record: 12 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
Grover Motors was incorporated on 28 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
Avtar Singh was appointed as Director on 15 Oct 2010. Jaswinder Singh was appointed as Director on 15 Oct 2010. Diljang Singh was appointed as Director on 28 May 2009. Grover Motors has 4 board changes on record in total.
Yes, Grover Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0021459).
Grover Motors can be reached through the website grovermotors.net. Its registered office is in Ludhiana, Punjab, India.
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