Grover Motors Private Limited Company Logo

Grover Motors Private Limited - Company Profile

It is a automotive private limited company based in Ludhiana, Punjab, India, established in 2009.

2009 | Ludhiana, Punjab, India | Active
Last Updated:

About Grover Motors Private Limited

Grover Motors Private Limited, a active private limited company, was established on 28 May 2009 in Ludhiana, Punjab, India. Engaging in auto dealership & trading within the manufacturing sector, it holds CIN: U50100PB2009PTC032863. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.54 Cr and a paid-up capital of ₹2.04 Cr.

It upholds a compliant status. Employing 185 professional, Its leadership includes Avtar Singh (Director), Kulwant Singh (Director), Jaswinder Singh (Director). It holds ₹46.79 Cr open charges and ₹11.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 274 Industrial Area Focal Point Road Opp. Aarti Steel, Ludhiana, Punjab, 141010.

Company Details

  • CIN/LLPIN

    U50100PB2009PTC032863

  • Registration Number

    032863

  • Incorporation Date

    28 May 2009

  • Authorized Capital

    ₹2.54 Cr

  • Paid-Up Capital

    ₹2.04 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.54 Cr
  • Paid Up Capital ₹ 2.04 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.79 Cr
  • Satisfied Charges ₹ 11.50 Cr
  • Revenue Growth 75.01%
  • Profit Growth -16.26%
  • Ebitda -81.04%
  • Net Worth 17.34%
  • Total Assets 28.84%
Company report

Grover Motors Private Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at Grover Motors Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Avtar SinghDirector15 Oct 2010Current
Kulwant SinghDirector28 May 2009Current
Jaswinder SinghDirector15 Oct 2010Current
Diljang SinghDirector28 May 2009Current

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Financial Performance of Grover Motors.

Grover Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 75.01% increase. The company also saw a substantial fall in profitability, with a 16.26% decrease in profit. The company's net worth Soared by an impressive increase of 17.34%.

Grover Motors revenue growth over time
Grover Motors 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
75.01%
Revenue from Operations
74.73%
Total Assets
28.84%
Profit or Loss
-16.26%
Net Worth
17.34%
EBITDA
-81.04%

What is the Ownership and Shareholding Structure of Grover Motors?

In 2023, Grover Motors had a promoter holding of 67.16% and a public holding of 32.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹467,900,000.00

Satisfied Charges

₹115,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.04 Cr
  • Others : 16.00 Cr
  • Hinduja Leyland Finance Limited : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Others₹10.00 CrOpen
10 Oct 2023Hdfc Bank Limited₹5.50 MOpen
30 Mar 2023Hdfc Bank Limited₹2.40 MOpen
10 May 2022Others₹6.00 CrOpen
29 Oct 2015Hinduja Leyland Finance Limited₹7.50 MOpen

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How Many Employees Work at Grover Motors?

Grover Motors has a workforce of 185 employees as of Apr 04, 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 Grover Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grover Motors, 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 Grover Motors'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 Grover Motors

Recent Activity within the Organization

  • Annual General Meeting

    The activity Grover Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Grover Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Charges

    The activity A charge with Others of Rs. 10.00 Cr registered on 08 Nov 2023 with Charge ID 100821945 was modified on 29 Mar 2024. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100821945 was registered on 08 Nov 2023. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100818595 was registered on 10 Oct 2023. was documented.

  • Charges

    Progress on 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. was documented.

Frequently Asked Questions

  • What is the CIN of Grover Motors Private Limited?

    The CIN of Grover Motors Private Limited is U50100PB2009PTC032863.

  • Where is Grover Motors Private Limited headquartered?

    Grover Motors Private Limited is headquartered at 274 Industrial Area Focal Point Road Opp. Aarti Steel, Ludhiana, Punjab, 141010.

  • When was Grover Motors Private Limited incorporated?

    Grover Motors Private Limited was incorporated on 28 May 2009.

  • Who are the current directors of Grover Motors Private Limited?

    The current directors of Grover Motors Private Limited are

  • What is the primary industry of Grover Motors Private Limited?

    The primary industry of Grover Motors Private Limited is Manufacturing.

  • Is Grover Motors Private Limited a listed company?

    Grover Motors Private Limited is unlisted.

  • What is the capital structure of Grover Motors Private Limited?

    The authorized capital of Grover Motors Private Limited is ₹2.54 Cr, and the paid-up capital is ₹2.04 Cr.

  • What is the compliance status of Grover Motors Private Limited?

    The compliance status of Grover Motors Private Limited is Compliant.

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