Gurvir Motors Private Limited
About Gurvir Motors Private Limited
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Gurvir Motors Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50101PB2003PTC026096. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹2.77 Cr. It is led by directors Palak Dada and Aditya Soni.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 97 New Officers Colony, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2015, the company reported a revenue of ₹21.98 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹5.42 Lakh (net margin -0.2%) and EBITDA of ₹64.96 Lakh (EBITDA margin 3%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.85 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Gurvir Motors Private Limited's registered office is in Patiala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address97 New Officers Colony, Patiala, Punjab, India – 147001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Gurvir 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
Financials of Gurvir Motors Private Limited
FY 2017 filings availableGurvir Motors Private Limited reported revenue of ₹21.98 Cr (up 76% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 76% in the latest year. EBITDA rose 293% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹21.98 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹64.96 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.42 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 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 | |
To see the full financial statements and ratios of Gurvir Motors Private Limited, buy the company report.
Board of directors of Gurvir Motors Private Limited
Gurvir Motors has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palak Dada Also directs: Aditya Vehicles Private Limited, Soni Automobiles Private Limited | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Aditya Soni Also directs: Aditya Vehicles Private Limited, Soni Automobiles Private Limited | Director | 03 Oct 2006 | 20 Years 1 Months | Current |
Auditor
Gurvir Motors Private Limited is audited by Sanjay Ramkali & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Ramkali & Associates | FY 2015 |
Shareholding
The shareholding of Gurvir Motors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gurvir Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2013 | 10457914 | Punjab National Bank | ₹6.25 Cr | Open | |
| 31 Jul 2013 | 10450986 | Punjab National Bank Miller Ganj | ₹50 Lakh | Open | |
| 02 Nov 2012 | 10389094 | Punjab National Bank Miller Ganj Branch | ₹3.03 Cr | Open | |
| 23 Oct 2012 | 10389091 | Punjab National Bank Miller Ganj Branch | ₹7.07 Cr | Open | |
| 17 Dec 2007 | 10085945 | Punjab National Bank | ₹4 Cr | Open |
To see the full charge records of Gurvir Motors Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Gurvir Motors Private Limited has 11 court cases on record: 6 filed by Gurvir Motors, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Appeal | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Gurvir 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 Gurvir Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gurvir 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 Gurvir Motors Private Limited, buy the company report.
Recent activity
Gurvir Motors Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Palak Dada ceased to be Additional Director on 30 Sep 2013.
13 earlier events are in the company report.
Frequently asked questions
Gurvir Motors is an active private limited company based in Patiala, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 June 2003 (23+ years old) and is registered under CIN U50101PB2003PTC026096.
Gurvir Motors has 2 current directors:
- Palak Dada - Director
- Aditya Soni - Director
The latest financial statements of Gurvir Motors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Gurvir Motors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gurvir Motors is U50101PB2003PTC026096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurvir Motors has 11 court cases on record: 6 filed by the company and 5 filed against it.
Gurvir Motors was incorporated on 10 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
Palak Dada ceased to be Additional Director on 30 Sep 2013. Gurbir Singh ceased to be Director on 20 Nov 2012. Palak Dada was appointed as Director on 16 Nov 2012. Gurvir Motors has 6 board changes on record in total.
The registered office of Gurvir Motors is at 97 New Officers Colony, Patiala, Punjab, India – 147001.
Gurvir Motors operates in the automotive industry, in the auto dealership and trading segment.
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