Ideal Vehicles Private Limited
About Ideal Vehicles Private Limited
Data last updated:
Ideal Vehicles Private Limited is a private limited company based in Rampur, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50400MP2020PTC052449. Its GSTIN is 23AAFCI7636G1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rashi Asati and Vinay Kumar Asati.
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 Plot N – 401 Ranipur Ganga Sagar Old Ser No – 37665, Rampur, Madhya Pradesh, India – 482008.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.11 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.65 Lakh (net margin 0.6%) and EBITDA of ₹9.34 Lakh (EBITDA margin 2.3%).
As per MCA filings, the company has open charges of ₹1.03 Cr on record.
Company details
Contact details
Ideal Vehicles Private Limited's registered office is in Rampur, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot N – 401 Ranipur Ganga Sagar Old Ser No – 37665, Rampur, Madhya Pradesh, India – 482008
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Ideal Vehicles 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 Ideal Vehicles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ideal Vehicles Private Limited, buy the company report.
Financials of Ideal Vehicles Private Limited
FY 2024 filings availableIdeal Vehicles Private Limited reported revenue of ₹4.11 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year. EBITDA rose 138% in the latest 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 |
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| EBITDA | ₹9.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.65 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.3% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Ideal Vehicles Private Limited, buy the company report.
Board of directors of Ideal Vehicles Private Limited
Ideal Vehicles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashi Asati | Additional Director | 12 Sep 2023 | 3 Years 1 Months | Current |
| Vinay Kumar Asati | Additional Director | 11 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Ideal Vehicles 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ab Trucks Private Limited | ₹4.12 Cr (FY 2024) | -28.0% | Chennai, Tamil Nadu, India | |||
| Bala & Sons Private Limited | ₹4.11 Cr (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Ideal Vehicles Private Limited this company | ₹4.11 Cr (FY 2024) | ₹2.65 Lakh | 0.6% | 30.0% | Rampur, Madhya Pradesh, India | |
| Hawk Cycles Private Limited | ₹4.08 Cr (FY 2025) | -84.0% | Punjab, India |
To see the full peer comparison of Ideal Vehicles Private Limited, buy the company report.
Auditor
Ideal Vehicles Private Limited is audited by RAJESHJAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESHJAIN | FY 2023 | 400317 |
Shareholding
The shareholding of Ideal Vehicles Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ideal Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2023 | 100842162 | Others | ₹1.03 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ideal Vehicles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ideal Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ideal Vehicles Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Ideal Vehicles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCI7636G1ZL | Madhya Pradesh | Active | 03 Sep 2022 |
To see the full GST registrations and return filing status of Ideal Vehicles Private Limited, buy the company report.
Recent activity
Ideal Vehicles Private Limited has 5 board changes on record since 2023: 2 appointments and 3 cessations. The latest: Lekhraj Singh Thakur ceased to be Director on 11 Mar 2024.
Frequently asked questions
Ideal Vehicles is an active private limited company based in Rampur, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 August 2020 (6+ years old) and is registered under CIN U50400MP2020PTC052449.
Ideal Vehicles has 2 current directors:
- Rashi Asati - Additional Director
- Vinay Kumar Asati - Additional Director
The latest financial statements of Ideal Vehicles 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 2021 are in the company report.
The GSTIN of Ideal Vehicles is 23AAFCI7636G1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ideal Vehicles is U50400MP2020PTC052449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Vehicles was incorporated on 24 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ideal Vehicles by revenue are Ab Trucks Private Limited, Bala & Sons Private Limited, Hawk Cycles Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Lekhraj Singh Thakur ceased to be Director on 11 Mar 2024. Rashi Asati was appointed as Additional Director on 12 Sep 2023. Tanishq Raj Singh ceased to be Additional Director on 12 Sep 2023. Ideal Vehicles has 5 board changes on record in total.
The registered office of Ideal Vehicles is at Plot N – 401 Ranipur Ganga Sagar Old Ser No – 37665, Rampur, Madhya Pradesh, India – 482008.
Ideal Vehicles operates in the automotive industry, in the auto dealership and trading segment.
Ideal Vehicles has open charges of ₹1.03 Cr and no satisfied charges on record as per latest MCA filings.