Hav Motors Private Limited
About Hav Motors Private Limited
Data last updated:
Hav Motors Private Limited is a private limited company based in Patna, Bihar, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U50102BR2015PTC024222.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Harshendra Kumar and Vidisha Shahi.
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 Sudharma Opp A.N. College Boring Road, Patna, Bihar, India – 800001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.19 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹23,967 (net margin -20.1%) and EBITDA of -₹23,967 (EBITDA margin -20.1%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 81% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.5 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hav Motors Private Limited's registered office is in Patna, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSudharma Opp A.N. College Boring Road, Patna, Bihar, India – 800001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Hav 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
Business activity
The main business activity of Hav Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hav Motors Private Limited, buy the company report.
Financials of Hav Motors Private Limited
FY 2024 filings availableHav Motors Private Limited reported revenue of ₹1.19 Lakh (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years, including a 94% fall in the latest year. EBITDA rose 100% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹23,967 | ||||
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| Net Profit (PAT) | -₹23,967 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.1% | ||||
| Net Profit Margin | -20.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hav Motors Private Limited, buy the company report.
Board of directors of Hav Motors Private Limited
Hav Motors has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshendra Kumar Also directs: Tulsi Printers Pvt Ltd, Hav Automobiles Private Limited | Director | 14 May 2015 | 11 Years 6 Months | Current |
| Vidisha Shahi | Director | 14 May 2015 | 11 Years 6 Months | Current |
Peer comparison
Hav Motors Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hav Motors Private Limitedthis company | ₹1.19 Lakh (FY 2024) | -₹23,967 | -20.1% | -94.0% | 83 | Patna, Bihar, India |
| Aara Motors Private Limited | ₹1.19 Lakh (FY 2025) | -97.0% | Chennai, Tamil Nadu, India | |||
| Avia Auto Services Private Limited | ₹1.15 Lakh (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Delight Cars Private Limited | ₹1.14 Lakh (FY 2019) | -99.0% | Karnal, Haryana, India |
To see the full peer comparison of Hav Motors Private Limited, buy the company report.
Auditor
Hav Motors Private Limited is audited by VIVEKANAND ASHISH PRANAY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEKANAND ASHISH PRANAY & CO | FY 2020 | 019292C |
Shareholding
The shareholding of Hav Motors Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hav Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2015 | 10600067 | State Bank of India | ₹13.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Hav Motors Private Limited has 11 court cases on record: 8 filed by Hav Motors, 3 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patna, Bihar | Arbitration matter | Filed against the company by National Insurance Company Ltd. Through Chief Regional Manager | Pending |
| High Court | Court case (REQ. CASE) | Filed by the company against National Insurance Company Ltd. and 1 other | Disposed |
| High Court | Court case (CWJC) | Filed against the company by an individual | Disposed |
| Patna High Court | Court case (CWJC) | Filed by the company against The State of Bihar | Disposed |
| High Court | Court case (CWJC) | Filed against the company by an individual | Disposed |
To see the full case history of Hav 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.
Credit ratings & regulatory alerts
Hav Motors Private Limited was last rated by Crisil on 10 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Nov 2020 |
To see the full credit ratings and regulatory alerts of Hav Motors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hav Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hav Motors Private Limited has a workforce of 83 employees on its EPFO records as of Mar 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 83 |
| FY 2015-16 |
To see the full employee and EPFO history of Hav Motors Private Limited, buy the company report.
GST
No GST registration is on our record for Hav Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hav Motors Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Harshendra Kumar was appointed as Director on 14 May 2015.
Frequently asked questions
Hav Motors is an active private limited company based in Patna, Bihar, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 May 2015 (11+ years old) and is registered under CIN U50102BR2015PTC024222.
Hav Motors has 2 current directors:
- Harshendra Kumar - Director
- Vidisha Shahi - Director
The latest financial statements of Hav 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Hav Motors is U50102BR2015PTC024222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hav Motors has 11 court cases on record: 8 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Hav Motors was incorporated on 14 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Hav Motors by revenue are Aara Motors Private Limited, Avia Auto Services Private Limited, Delight Cars Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Harshendra Kumar was appointed as Director on 14 May 2015. Vidisha Shahi was appointed as Director on 14 May 2015.
The registered office of Hav Motors is at Sudharma Opp A.N. College Boring Road, Patna, Bihar, India – 800001.
Hav Motors operates in the automotive industry, in the auto dealership and trading segment.
Hav Motors has open charges of ₹13.5 Cr and no satisfied charges on record as per latest MCA filings.
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